Friends of Citrus & the Nature Coast Inc

Nonprofit profile at a glance

EIN
592401197
IRS 990 coverage
2009–2025
Forms available
Form 990 2025
Location
Homosassa, FL, USA
Phone
3522491470
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$1,251,890
Expenses
$1,416,966
Assets
$3,112,362
Liabilities
$386,373

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

Leadership & pay

8 people listed

Executive titles in this filing

  • WILLIAM DIXON MD (PRESIDENT)

Highest reported compensation

  • BONNIE SAYLOR (EXECUTIVE DI): $66,600 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 of citrus and the nature coast provides grief support workshops for newly bereaved, ongoing grief support and specialized grief support workshops. Supportive telephone calls and mailing are provided to lonely seniors by volunteers. Educational resources are available to schools and community organizations. Monhly movies are provided at several locations to encourage socialization. Social outings provide a safe place for widows and widowers to travel and meet other people. Camp good hope and teen encounter, grief support cams provide an honest, safe environment where kids can learn to talk openly about their loss and improvie their ability to cope. Two thrift and gift shoppes help support the ocst of programs and provide an opportunity for volunteers to remain active. All programs focus on improving quality of life. The wings education center is available for other programs such as exercise programs, theapy dog certification, nutritional programs, etc.

What it reported doing in 2025

Fcnc met the growing demand to improve mental well-being and quality of life for more than 5,000 families, children and seniors annually. The "wings center" was home to 300 workshops and support groups, 500 wellness programs, social support, movies, 4 children's grief camps, and volunteer events. Participants overcame loneliness, shared their story, strengthened their ability to cope, resocialized and made new friends. Fcnc helped people overcome grief by providing a place for them to devote time and energy to help others through volunteering. Thrift & gift shoppe locations in lecanto and homosassa provided a safe place to bargain shop and to interact with others. 50,000 thrift shoppe sales supported the mission. Generous volunteers donated 13,705 hours of service at an estimated value of 452,265 (independent sector 2024) as group facilitators, couriers, camp coordinators, office support, board of directors, advisory board, and thrift shoppe operations.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: $8.35 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -13.2%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.2; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -25.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -15% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -10.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $67K · 8 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 15 filing years from 2009 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 29/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.