FBH Caring Ministries Foundation

Nonprofit profile at a glance

EIN
161571207
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Fairport, NY, USA
Phone
5857896172
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$116,383
Expenses
$168,120
Assets
$1,817,683
Liabilities
$1,198

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

Leadership & pay

10 people listed

Executive titles in this filing

  • THOMAS POELMA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • THOMAS POELMA (EXECUTIVE DIRECTOR): $147,731 total reported compensation

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

Overview

Mission

To solicit, receive and maintain a fund or funds of property, both real and personal for the benefit of the members of Fairport Baptist Homes Caring Ministries and other similar organizations affiliated with such members (continued on Schedule O)and for the benefit of any other ministries serving the health-related or other needs of elderly, disabled or chronically ill persons.

What it reported doing in 2024

2024 was more of a reorganization year. With the bankruptcy of the major entity that received support from the Foundation, we needed to determine the direction of the Foundation going forward. Traditionally, the main program was a grants program to affiliated organizations with the Fairport Baptist Homes. With the bankruptcy, no grants were given to that organization. There were a number of grants given to a new organization called Fairport Perinton Senior Connections. This not for profit was created to house programs of the FBH Community Ministries company that the buyers of all the bankrupt corporations did not want. After the closing on the bankruptcy, the new buyer gave the programs to the new corporation.

Operating model

Revenue model
Investment-supported. 70% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 84
  • Accountability: 84
  • Sustainability: 36
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.2%; rating input score 59
  • Program expense ratio: 31.5%; rating input score 32
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 90.7%; rating input score 91; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 90%; rating input score 90; 24th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -44.5%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 10.81; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 20.5% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -2.4% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 2% per year; rating input score 100; 33rd percentile among comparable filings

Details

  • Where the money goes: 59.2% of revenue deployed · 31.5% of spending went to programs
  • Governance: 9 of 10 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $148K · 10 people listed
  • Consistency: 21 of 23 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 6 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 32/100.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.