Francis Foundation INC FY2022 filing

Tax-deductible

Williston, VT501(c)(3)Human ServicesEIN 03-0364458

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Support special needs children & adults. This support may be through the provision of psychological support services, or education and training services.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$96K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $50K a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$41K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-60% vs prior year
Spent
$1.6M
To programs
87%
Net assets
$1.3M
By yearFY2021–FY2025
Revenue
$1.4M
FY2022▼ -60%
Revenue by fiscal year
FY2021$3.4M
FY2022$1.4M
FY2023$24K
FY2024$66K
FY2025$96K
Expenses
$1.6M
FY2022▼ -49%
Expenses by fiscal year
FY2021$3.0M
FY2022$1.6M
FY2023$207K
FY2024$225K
FY2025$217K
Net assets
$1.3M
FY2022▼ -13%
Net assets by fiscal year
FY2021$1.4M
FY2022$1.3M
FY2023$1.1M
FY2024$920K
FY2025$798K

From the FY2022 Form 990 (year ending June 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $1.4M Management & general 13% · $210K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$95,522Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

David Cannamela’s $87K as Executive Director is at the 95th percentile of top reported officer pay among 201 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
David Cannamela$86,819$93,704$86,663$95,522$96,612

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Francis Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides psychological support, education, and training for children and adults with special needs.

Provided by the organization

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1 program service account for $1.4M of program spending, described in the organization's own filed words · FY2021.
01

Provided residential care and psychological support services fordevelopmentally disabled AND/OR emotionallydisturbed children and adults

$1.4Mprogram expense

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.3M
Other incomeLn 4–11$114K
Investment incomeLn 3$1K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.4M
Managementcol C$210K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.3M
LiabilitiesLn 26$41K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$1K
Other incomeLn 4–11$114K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$267K
Cash and savings togetherLn 1–2$1.3M
Land, buildings, equipmentLn 10c$174
Total assetsLn 16$1.3M
LiabilitiesLn 26$41K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$788K$1.3M
Land, buildings, equipmentLn 10c$681K$174
Total assetsLn 16$1.7M$1.3M
LiabilitiesLn 26$296K$41K
Net assetsLn 32$1.4M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$505K$379K$126K
Other employee benefitsLn 9$94K$70K$23K
Payroll taxesLn 10$39K$30K$10K
Management feesLn 11a$39K$26K$13K
Accounting feesLn 11c$31K$31K
Other fees for servicesLn 11g$43K$43K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$790$790
Information technologyLn 14$11K$8K$3K
OccupancyLn 16$53K$51K$2K
TravelLn 17$10K$10K
Conferences, conventions and meetingsLn 19$400$400
InterestLn 20$5K$5K
Depreciation, depletion and amortizationLn 22$16K$16K
InsuranceLn 23$57K$57K
Other expenses (24a–d)Ln 24$659K$659K
All other expensesLn 24e$92$92
Total functional expensesLn 25$1.6M$1.4M$210K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $96K$217K−$122K$798K 990 PDF
FY2024 $66K$225K−$158K$920K 990 PDF
FY2023 $24K$207K−$183K$1.1M 990 PDF
FY2022 Viewing $1.4M$1.6M−$182K$1.3M 990 PDF
FY2021 $3.4M$3.0M$393K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $1,383,616 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,268,814$1,268,814
VIII-3 Investment incomeExcluded from tax $1,200$1,200
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $113,602$113,602
VIII-12 Total revenueRelated to mission $1,382,416 · Unrelated business $0 · Excluded from tax $1,200$1,383,616
Part IX · Statement of functional expenses $1,565,433 across 17 lines filed
IX-7 Other salaries and wagesPrograms $378,939 · Management $126,314$505,253
IX-9 Other employee benefitsPrograms $70,349 · Management $23,449$93,798
IX-10 Payroll taxesPrograms $29,602 · Management $9,868$39,470
IX-11a Management feesPrograms $25,742 · Management $12,948$38,690
IX-11c Accounting feesManagement $31,249$31,249
IX-11g Other fees for servicesPrograms $42,948$42,948
IX-12 Advertising and promotionManagement $1,853$1,853
IX-13 Office expensesPrograms $790$790
IX-14 Information technologyPrograms $8,263 · Management $2,754$11,017
IX-16 OccupancyPrograms $50,976 · Management $1,771$52,747
IX-17 TravelPrograms $9,899$9,899
IX-19 Conferences, conventions and meetingsPrograms $400$400
IX-20 InterestPrograms $5,177$5,177
IX-22 Depreciation, depletion and amortizationPrograms $15,836$15,836
IX-23 InsurancePrograms $56,785$56,785
IX-24 Other expenses (24a–d)Programs $659,429$659,429
IX-24e All other expensesPrograms $92$92
IX-25 Total functional expensesPrograms $1,355,227 · Management $210,206 · Fundraising $0$1,565,433
Part X · Balance sheet $1,299,827 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $629,774$1,016,342
X-2 Savings and temporary cash investmentsStart of year $157,744$267,449
X-4 Accounts receivableStart of year $246,670$1,500
X-9 Prepaid expenses and deferred chargesStart of year $22,163$14,362
X-10c Land, buildings and equipment, netStart of year $680,521$174
X-16 Total assetsStart of year $1,736,872$1,299,827
X-17 Accounts payable and accrued expensesStart of year $142,675$41,172
X-26 Total liabilitiesStart of year $296,340$41,172
X-27 Net assets without donor restrictionsStart of year $1,440,532$1,258,655
X-32 Total net assets or fund balancesStart of year $1,440,532$1,258,655
X-33 Total liabilities and net assetsStart of year $1,736,872$1,299,827
Part XI · Reconciliation of net assets $1,258,655 net assets at year end
XI-1 Total revenue$1,383,616
XI-2 Total expenses$1,565,433
XI-3 Revenue less expenses−$181,817
XI-4 Net assets at start of year$1,440,532
XI-8 Prior period adjustments−$60
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,258,655

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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