Allegany Franciscan Ministries

Legal name: Allegany Franciscan Ministries Inc

Nonprofit profile at a glance

EIN
581492325
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Palm Harbor, FL, USA
Phone
7275079668
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,767,865
Expenses
$9,177,244
Assets
$118,879,861
Liabilities
$1,840,672

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • EILEEN COOGAN (DIR; TREASURER THR 12/24; PRES & CEO)
  • FAITH PULLEN (VICE PRESIDENT OF OPERATIONS)

Highest reported compensation

  • DAWN GEISERT (DIR; TRINITY CHF COMPLIANCE OFFICER): $1,037,715 total reported compensation
  • EILEEN COOGAN (DIR; TREASURER THR 12/24; PRES & CEO): $320,807 total reported compensation
  • FAITH PULLEN (VICE PRESIDENT OF OPERATIONS): $127,994 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We, Allegany Franciscan Ministries and Trinity Health, serve together in the spirit of the Gospel as a compassionate and transforming, healing presence within our communities. St. Clare grants are not awarded through a competitive process and are invitation-only. Direct unsolicited requests are not accepted. Typically, St. Clare grants grow out of work our staff does with community partners or from priorities identified by our board or grants committee members. What types of organizations or projects does the St. Clare Grant typically support? Clare grants support activities or projects that advance our mission and vision and impact the communities we serve. These may include national, statewide, regional or local advocacy efforts, philanthropic partnerships, educational, research and planning activities, or disaster response. A list of recent past grants is p.

What it reported doing in 2024

Allegany franciscan ministries is a non-profit catholic organization rooted in the tradition and vision of the franciscan sisters of allegany. We provide grants and work with community partners primarily in three regions of Florida formerly served by the sisters' hospitals: miami-dade county, palm beach, martin and st.lucie counties, and the tampa bay area of hillsborough and pinellas counties. Since awarding its first grant in 1998, allegany franciscan ministries has invested over $134 million and over 5900 grants serving those most in need in these communities. Allegany franciscan ministries invests directly in communities and works collaboratively with community partners to create healthier, safer, and more prosperous places in which our most vulnerable residents can live, learn, work and play.please see schedule i and visit our website for additional information and to learn about grants awarded in 2024-2025 by grant type: http://www.afmfl.org

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 67
  • Accountability: 87
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.8%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: 4 of 8 controls in place; rating input score 50
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -92.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 12.95; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: -0.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 89.8% of spending went to programs
  • Governance: 12 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $8.2M in reported program spending
  • Leadership: top reported pay $1M · 17 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes foreign activity, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 223 filed money-flow records
  • Related organizations: 531 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.