Colorado-fayette Medical Foundation Inc
Nonprofit profile at a glance
- EIN
- 742527874
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Weimer, TX, USA
- Phone
- 9797259531
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $366
- Expenses
- $14,483
- Assets
- $143,700
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
2 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide aid to the Colorado-Fayette Medical Center through direct monetary assistance and grants, through operation of and assistance in the provision of health services for persons residing in the service area of Colorado-Fayette Medical Center, and through operation of and assistance to activities to improve the delivery of health care, the health status and the general welfare of persons residing in the service area of Colorado-Fayette Medical Center.
What it reported doing in 2010
The Foundation is operated in connection with the Colorado-Fayette Medical Center and receives contributions with the condition that the funds will remain in an endowment fund in perpetuity with income being available for the medical needs of the persons served by the Colorado-Fayette Medical Center. During the current year, $14,483 was transferred to the Medical Center for operations.
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 100% of its reported program spending out as grants.
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 the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 28
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3,857.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 9.92; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.