Fairfield County Foundation
Nonprofit profile at a glance
- EIN
- 341623983
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Lancaster, OH, USA
- Phone
- 7406548451
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $7,695,218
- Expenses
- $5,761,940
- Assets
- $76,355,879
- Liabilities
- $10,065,567
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- AMY EYMAN (CEO)
Highest reported compensation
- AMY EYMAN (CEO): $118,264 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Building a legacy through philanthropy and stewardship to strengthen our community. The fairfield county foundation has helped donors create lasting charitable legacies that carry on their names, their values and their priorities. Within the foundation are more than 300 individual charitable funds, each created by donors to address those local causes they are most passionate about. Foundation grants support the arts, children's programs, health and wellness projects, community development, academics and much more. From scholarships for deserving fairfield county youth and equipment to keep people fit and healthy, to improvements to green spaces throughout our county and grants to feed the hungry, the fairfield county foundation touches every member of our community in some way.
What it reported doing in 2024
Philanthropy, volunteerism and grantmaking programs. The foundation encourages and promotes charitable giving within fairfield county, Ohio and provides grants to charitable organizations in the fairfield county area for programs, supporting the arts, community progress, disaster relief, educational, health, human services and other areas.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 88
- Accountability: 95
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 90.1%; rating input score 90
- Fundraising efficiency: $13.81 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 88.8%; rating input score 89; 25th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.1%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 13.25; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 8.1% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 7% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 96.1% of revenue deployed · 90.1% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $5.2M in reported program spending
- Leadership: top reported pay $118K · 16 people listed
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 70 filed money-flow records
- Related organizations: 59 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.