Fisher-titus Foundation

What it reported doing in 2024

The fisher-titus foundation is organized to raise funds to support health-related programs, projects and activities throughout huron and the adjacent counties. In 2024, the fisher-titus foundation supported the following projects and programs of over $5,000:-supported the pediatric therapy program at fisher-titus medical center for supplies and training to provide a comprehensive spectrum of speech-language, physical and occupational therapies for children with disabilities, developmental delays, and learning differences. The foundation also supports the cost to provide those children, their families and educators with various programs, support groups, events, and enrichment opportunities. (program costs $7,488)-donated to affiliated organization fisher-titus affiliated services in support of north central ems for help in purchasing an ambulance. (program costs $12,951).-donated to affiliated organization fisher-titus affiliated services in support of north central ems for help in purchasing an zoll zvent ventilator. (program costs $15,199).-donated to affiliated organization fisher-titus affiliated services in support of north central ems for help in purchasing zoll auto pulse units. (program costs $32,370).-donated to affiliated organization fisher-titus medical center in support of the nursing departments for the purchase of patient recliners. (program costs $49,806).-donated to affiliated organization fisher-titus medical center in support of the vaccine for kids programs in various offices. (program costs $11,028).-donated to affiliated organization fisher-titus medical center in support of the nursey department for help in purchasing the cuddles infant security system. (program costs $20,000).-donate to affiliated organization fisher-titus medical center in support of the designing of the new senior campus. (program costs $25,706).-donated to affiliated organization norwalk memorial home in support of the tcu department for help in purchasing elopement prevention equipment. (program costs $10,422).-donated to second harvest food bank of north central Ohio in support of norwalk's weekends without hunger program. (program costs $22,405)-supported improvements to the village of greenwich youth baseball field renovation project. (program costs $8,301)-supported the employee assistance program, which assists employees suffering a qualifying hardship. (program costs $11,933)

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 74.1%; rating input score 74
• Fundraising efficiency: $6.87 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd 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: Limited
• Grant itemization coverage: 97.4%; rating input score 97; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -55.2%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 5.69; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 21.6%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 20.7% per year; rating input score 100; 83rd percentile among comparable filings
• Revenue growth: 5.7% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 13.5% per year; rating input score 100; 69th percentile among comparable filings