Foundation Medical Partners
Overview
Mission
The Organization is dedicated to providing exceptional care that improves the health and well-being of individuals and communities we serve. The Organization is a provider of choice, delivering convenient access to high value, quality care in an environment that embraces dignity, compassion and service to the people of our community.
What it reported doing in 2024
Health Care Services
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 020456218
- IRS 990 coverage
- 2009–2024
- Website checked
- Jul 2026
- Forms available
- Form 990 2024
- Headquarters
- Nashua, NH, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Expenses are high relative to revenue and the website gives limited detail about important organizational relationships.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 52
- Accountability: 75
- Sustainability: 8
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 0 of 7 controls in place; rating input score 0
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 73.3%; rating input score 73; 21st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: 0 of 4 controls in place; rating input score 0
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -33.2%; rating input score 2; 2nd percentile among comparable filings
- Operating reserve ratio: 0.38; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 1.11; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94% of spending went to programs
- Governance: 11 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $167.9M in reported program spending
- Leadership: top reported pay $1.3M · 26 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 annual filings from 2009 to 2024
- Money network: 7 filed money-flow records
- Related organizations: 18 filed related-organization links