FoundCare

Legal name: Foundcare Inc

Overview

Mission

To provide quality healthcare and social services for all individuals and families.

What it reported doing in 2024

Provide medical and non-medical case management services including eligibility/referral for mental health services; substance abuse services; treatment adherence counseling; home health care services; emergency financial services assistance; food services; housing assistance; medical/insurance premium payments; and medical transportation to approximately 45,482 clients.

Operating model

Revenue model
Earned-program. 73% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
542083748
IRS 990 coverage
2012–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Headquarters
Palm Springs, Florida, US
Phone
(561) 432-5849
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Management & Technical Assistance

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95%; rating input score 95
  • Program expense ratio: 98.1%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.2%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 10.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 18.4% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 17.1% per year; rating input score 100; 90th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 95% of revenue deployed · 98.1% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $53.9M in reported program spending
  • Leadership: top reported pay $564K · 35 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 12 annual filings from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 24 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

35 people listed

Highest reported compensation

  • LESLIE DIAZ MD (MEDICAL DIRECTOR): $563,741 total reported compensation
  • SERGE J THYS MD (DIRECTOR OF PSYCHIATRY): $414,751 total reported compensation
  • CHRISTOPHER IRIZARRY (CHIEF EXECUTIVE OFFICER): $357,407 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.