Findley Foundation Inc

Nonprofit profile at a glance

EIN
823097119
IRS 990 coverage
2020–2022
Forms available
Form 990 2022, Form 990-N 2019
Location
Milwaukee, WI, USA
Phone
4142467550
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$458,263
Expenses
$457,972
Assets
$149,561
Liabilities
$149,270

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

23 people listed

Highest reported compensation

  • MARLON HOOD (CASE WORKER): $31,358 total reported compensation
  • ARIELLA DANOWSKI (NURSE PRACTITIONER): $26,568 total reported compensation
  • ELLEN SONO (FAMILY NURSE PRACTITIONER): $13,545 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

"To assist individuals in becoming healthy, healed, and whole by addressing the social determinants of health through integrated health services, mental health support, and educational and vocational programs. We are dedicated to providing free medications and comprehensive supportive services that empower individuals to achieve optimal well-being and reach their fullest potential."

What it reported doing in 2022

A Year of Hope and Healing. In 2022, the Findley Foundation proudly provided essential health services to over 6,000 patients in our community, marking our most accomplished year since our inception in 2020. Despite the challenges posed by the pandemic and subsequent government shutdowns, our team has remained steadfast in offering free and charitable medical, mental health, and supportive services to those in need. This report details our journey throughout the year, highlights our achievements, and outlines our plans for continued growth and service in the coming year. **Overview of Services Offered** Since opening our doors, [Your Clinic Name] has dedicated itself to addressing both physical and mental health needs. In 2022, we expanded our services, ensuring that all individuals had access to the care they required. Our offerings included: 1. **Primary Care Services**: We provided comprehensive medical evaluations, routine check-ups, and chronic illness management. Our dedicated team of healthcare professionals worked tirelessly to ensure that every patient received personalized and compassionate care. 2. **Mental Health Support**: In recognition of the rising mental health challenges, particularly in the wake of the pandemic, we introduced robust mental health services. This included individual therapy, group counseling, and supportive workshops aimed at fostering community resilience. 3. **Supportive Services**: Our commitment goes beyond medical treatment. We offered various supportive services, including social work consultations, health education workshops, and assistance in navigating social services. 4. **Free Medications**: Access to essential medications is critical for our patients, many of whom struggle with financial constraints. In 2022, we enhanced our medication provision program, partnering with local pharmacies and pharmaceutical companies to ensure our patients received the medications they needed without financial burden. **Impact in the Community** The impact of our clinic in the community cannot be overstated. Serving over 6,000 patients in a single year is a testament to the growing demand for our services and the trust the community places in us. Some notable achievements include: - **Diverse Patient Demographics**: We catered to a diverse population, including low-income families, underinsured individuals, and the homeless. Our clinic ensured that no one was turned away due to inability to pay. - **Patient Satisfaction**: Feedback from our patients has been overwhelmingly positive. Many have expressed gratitude for the quality of care and the compassion shown by our staff. Our patient satisfaction rate in 2022 reached an impressive 95%, underscoring our commitment to excellence. - **Outreach and Education**: We conducted several outreach programs aimed at raising awareness about various health issues. Through health fairs, informational workshops, and collaboration with local organizations, we disseminated valuable information related to preventive care, mental health, and chronic disease management. **Collaborative Efforts and Partnerships** Collaboration has played a crucial role in our success. In 2022, we strengthened partnerships with various local organizations, including hospitals, mental health providers, and social services. These collaborations enabled us to: - **Enhance Service Delivery**: By working alongside other health organizations, we could refer patients to specialized services, ensuring a holistic approach to healthcare. - Secure Funding and Resources: Through grants and donations from community partners, we were able to expand our programs and purchase necessary medical supplies, enhancing our ability to serve patients effectively. - Volunteer Engagement: Our dedicated volunteers were instrumental in our operations. Over 300 volunteers contributed their time and expertise, reflecting a community commitment to fostering health and well-being. Challenges Faced While 2022 was a year

Operating model

Revenue model
Grant-funded. 63% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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.
  • 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 83
  • Accountability: 90
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.9%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 21st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.1%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 27.1%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 138.5% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 39% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 150% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 99.9% of revenue deployed · 100% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $458K in reported program spending
  • Leadership: top reported pay $31K · 23 people listed
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • 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.

  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.