Frmc Volunteer Association Inc

Nonprofit profile at a glance

EIN
550369033
IRS 990-EZ coverage
2013–2020
Forms available
Form 990-EZ 2020
Location
Fairmont, WV, USA
Phone
3043664985
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$814
Expenses
$38,383
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • SHARON DELORENZO (PAST PRESIDENT)
  • JIM KERR (PRESIDENT)
  • MARTHA SHEREVE (VICE PRESIDENT)
  • OTIS SHAVER (PRESIDENT-ELECT)

People named in this filing

  • SHARON DELORENZO (PAST PRESIDENT)
  • JIM KERR (PRESIDENT)
  • MARTHA SHEREVE (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A hospital gift shop supplying patients, employees, and visitors with gift items to support fairmont general hospital, inc. A qualified 501 (c) (3) hospital.

What it reported doing in 2020

The organization is formed to support fairmont general hospital, a non profit hospital, by providing services to the hospital and its patients through cash and equipment donations, the operation of a gift shop and voluntary service personnel. In addition, it provides scholarships to nursing students at the local university to support the hospital's future.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 66.5%; rating input score 66

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4,615.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 11.5%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -14% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: -26.5% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -9.7% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 66.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $26K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2013 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.