Friends Health Care Association Inc

Nonprofit profile at a glance

EIN
310920577
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Yellow Springs, OH, USA
Phone
9377677363
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$7,855,298
Expenses
$8,183,724
Assets
$8,048,604
Liabilities
$4,348,484

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • MICHAEL MONTGOMERY (EXECUTIVE DIRECTOR)
  • JAMES DUFFEE (PRESIDENT)
  • MARY C HOLLAND (VICE PRESIDENT)

Highest reported compensation

  • HANNAH MORMON (DIRECTOR OF NURSING): $182,439 total reported compensation
  • MICHAEL MONTGOMERY (EXECUTIVE DIRECTOR): $175,649 total reported compensation
  • MARTHA FRISBY (MDS COORDINATOR): $103,942 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Friends care community meets the residential living needs of seniors and others by providing independent living, assisted care, skilled care and convalescent options in a vibrant, homelike environment. Through respect for the dignity and unique needs of each individual, we aspire to the happiness and fulfillment of all residents and staff and the confidence and trust of family members and the yellow springs community.

What it reported doing in 2025

The skilled nursing center offers a place for short term rehabilitation after a hospital stay or long term care when needed. Staffed by friendly, caring people, its 59-bed nursing facility includes 16 rehabilitation/short-term care beds. Rehabilitative care is provided by licensed physical, occupational and speech therapists for residents recovering from major surgery, stroke, heart attack, orthopedic and other medical conditions and illnesses.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 66
  • Accountability: 84
  • Sustainability: 26
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.9%; rating input score 94
  • Program expense ratio: 91.1%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -4.2%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 93.9% of revenue deployed · 91.1% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $7.5M in reported program spending
  • Leadership: top reported pay $182K · 16 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $711K reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.