Trustbridge Foundation Inc
Nonprofit profile at a glance
- EIN
- 203974070
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Lakewood Ranch, FL, USA
- Phone
- 3528737400
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $22,943,602
- Expenses
- $9,786,732
- Assets
- $206,608,575
- Liabilities
- $2,858,007
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- DEBORAH JOHNSON (PRESIDENT TRUSTBRIDGE FOUNDATION)
- JONATHAN FLEECE (PRESIDENT/CEO)
- DAVID FIELDING (FORMER CEO)
Highest reported compensation
- DAVID FIELDING (FORMER CEO): $1,262,106 total reported compensation
- JONATHAN FLEECE (PRESIDENT/CEO): $792,410 total reported compensation
- TARRAH L LOWRY (CHIEF OPERATING OFFICER): $671,396 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission is to raise and manage charitable donations to support nonprofit end of life care provider trustbridge, inc and its subsidiaries, including hospice of palm beach county and hospice by the sea. These hospice entities provided compassionate care patients and their families including 100% coverage for patients without insurance who qualified for charity care.
What it reported doing in 2024
Trustbridge foundation seeks to foster relationship building to support community investments that help provide financial support to families with limited resources, unfunded services and resources to trustbridge, inc. For start up services to be able to continue an integrated network of hospice and palliative care within the community its serves.
Operating model
- Revenue model
- Donor-supported. 76% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 64
- Accountability: 95
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.7%; rating input score 52
- Program expense ratio: 86.7%; rating input score 87
- Fundraising efficiency: $54.84 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 57.3%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 21.11; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 51.7% of revenue deployed · 86.7% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $8.5M in reported program spending
- Leadership: top reported pay $1.3M · 24 people listed · 0 of 6 pay-setting controls reported
- Consistency: 41 of 41 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 28 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.