French Hospital Medical Center Foundation
French Hospital Medical Center Foundation maintains strong asset growth and zero executive compensation over a decade.
EIN: 203256125 · Sn Luis Obisp, CA · NTEE: E11 · Updated: 2026-03-28
About French Hospital Medical Center Foundation
French Hospital Medical Center Foundation (EIN: 203256125) is a nonprofit organization based in Sn Luis Obisp, CA, classified under NTEE code E11. The organization reported total revenue of $18.9M and total assets of $29.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of French Hospital Medical Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates French Hospital Medical Center Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, French Hospital Medical Center Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive indicator, suggesting that all funds are directed towards the foundation's mission and operational costs, rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for French Hospital Medical Center Foundation:
- Consistent asset growth from $8.35M in 2014 to $26.19M in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Manageable liabilities relative to assets, demonstrating financial stability.
- Prudent expense management, with expenses often aligning closely with revenue.
Frequently Asked Questions about French Hospital Medical Center Foundation
Is French Hospital Medical Center Foundation a good charity?
Based on the provided financial data, French Hospital Medical Center Foundation appears to be a good charity. It demonstrates strong asset growth, consistent financial management, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has the foundation's financial health changed over time?
The foundation's financial health has generally improved over time, with assets growing significantly from $8,352,636 in 2014 to $26,197,148 in 2023. While revenue has fluctuated year-to-year, the overall trend in asset accumulation and manageable liabilities indicates robust financial stewardship.
What is the trend in revenue and expenses?
Revenue has shown variability, ranging from a low of $2,571,087 in 2014 to a high of $8,571,463 in 2017, and most recently $4,669,070 in 2023. Expenses have generally remained within a similar range, indicating that the organization manages its spending in relation to its income, with expenses of $4,675,963 in 2023 being very close to revenue.
Filing History
IRS 990 filing history for French Hospital Medical Center Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), French Hospital Medical Center Foundation's revenue has declined by 0.2%, moving from $4.7M to $4.7M. Total assets increased by 206.7% over the same period, from $8.5M to $26.2M. Total functional expenses rose by 398.8%, from $937K to $4.7M. In its most recent filing year (2023), French Hospital Medical Center Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $909K in liabilities against $26.2M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $25.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.7M | $26.2M | $909K | — | View 990 |
| 2022 | $6.9M | $4.6M | $28.4M | $2.7M | — | View 990 |
| 2021 | $6.2M | $3.9M | $27.0M | $1.9M | — | View 990 |
| 2020 | $6.3M | $4.8M | $24.7M | $3.1M | — | View 990 |
| 2019 | $7.5M | $3.6M | $22.4M | $1.6M | — | View 990 |
| 2018 | $3.7M | $2.9M | $18.1M | $1.2M | — | View 990 |
| 2017 | $8.6M | $4.5M | $16.2M | $482K | — | View 990 |
| 2016 | $3.1M | $3.7M | $13.5M | $356K | — | View 990 |
| 2015 | $7.5M | $1.2M | $13.6M | $43K | — | View 990 |
| 2014 | $2.6M | $2.9M | $8.4M | $60K | — | View 990 |
| 2013 | $2.0M | $2.0M | $9.6M | $62K | — | View 990 |
| 2012 | $1.9M | $1.5M | $9.7M | $329K | — | View 990 |
| 2011 | $4.7M | $937K | $8.5M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.7M, and assets of $26.2M (revenue -32.0% year-over-year).
- 2022: Revenue of $6.9M, expenses of $4.6M, and assets of $28.4M (revenue +11.1% year-over-year).
- 2021: Revenue of $6.2M, expenses of $3.9M, and assets of $27.0M (revenue -1.3% year-over-year).
- 2020: Revenue of $6.3M, expenses of $4.8M, and assets of $24.7M (revenue -16.8% year-over-year).
- 2019: Revenue of $7.5M, expenses of $3.6M, and assets of $22.4M (revenue +103.2% year-over-year).
- 2018: Revenue of $3.7M, expenses of $2.9M, and assets of $18.1M (revenue -56.8% year-over-year).
- 2017: Revenue of $8.6M, expenses of $4.5M, and assets of $16.2M (revenue +174.7% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.7M, and assets of $13.5M (revenue -58.2% year-over-year).
- 2015: Revenue of $7.5M, expenses of $1.2M, and assets of $13.6M (revenue +190.2% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.9M, and assets of $8.4M (revenue +28.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $9.6M (revenue +4.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.5M, and assets of $9.7M (revenue -59.1% year-over-year).
- 2011: Revenue of $4.7M, expenses of $937K, and assets of $8.5M.
Data Sources and Methodology
This transparency report for French Hospital Medical Center Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.