Fisher-Titus Foundation

Tax-deductible

Norwalk, OH501(c)(3)EIN 34-1476937

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To enhance resources and relationships for Fisher-Titus, norwalk memorial home, north central ems and the carriage house.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $81K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $110K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$659K
+5% vs prior year
Spent
$1.0M
To programs
74%
Net assets
$4.3M
By yearFY2020–FY2024
Revenue
$659K
FY2024▲ +5%
Revenue by fiscal year
FY2020$403K
FY2021$1.2M
FY2022$1.3M
FY2023$626K
FY2024$659K
Expenses
$1.0M
FY2024▲ +34%
Expenses by fiscal year
FY2020$567K
FY2021$773K
FY2022$739K
FY2023$765K
FY2024$1.0M
Net assets
$4.3M
FY2024▼ -3%
Net assets by fiscal year
FY2020$3.0M
FY2021$4.3M
FY2022$4.3M
FY2023$4.5M
FY2024$4.3M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1985.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $758K Management & general 20% · $210K Fundraising 5% · $55K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer & Secretary
$0Pt VII · Sec A
Past Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Fisher-Titus Foundation 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 15aNo

Programs and updates

Supports local healthcare and senior living facilities by enhancing their resources and relationships.

Provided by the organization

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1 program service account for $758K of program spending, described in the organization's own filed words · FY2024.
01

The fisher-titus foundation is organized to raise funds to support health-related programs, projects and activities throughout huron and the adjacent counties. In 2024, the fisher-titus foundation supported the following projects and programs of over $5,000:-SUPPORTED the pediatric therapy program at fisher-titus medical center for…

$758Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$110K
Grants paid · 37 grants · $1.4M · 2020–2024
Presbyterian Church USANH · FY2024$484,253
Fisher-Titus Medical CenterOH · FY2024$49,806
Fisher-Titus Medical CenterOH · FY2024$25,706
Fisher-Titus Medical CenterOH · FY2024$20,000
Fisher-Titus Medical CenterOH · FY2024$11,028
Norwalk Memorial HomeOH · FY2024$10,422
Fisher-Titus Medical CenterOH · FY2023$93,089
Fisher-Titus Medical CenterOH · FY2023$24,845
Fisher-Titus Medical CenterOH · FY2023$23,883
Fisher-Titus Medical CenterOH · FY2023$11,355
Fisher-Titus Medical CenterOH · FY2023$10,240
Fisher-Titus Medical CenterOH · FY2023$8,412
Fisher-Titus Medical CenterOH · FY2023$5,335
See all 37 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$659K
Ln 12
Gifts and grantsLn 1h$377K
Investment incomeLn 3$273K
Other incomeLn 4–11$9K
Money outPt IX
$1.0M
Ln 25
Programscol B$758K
Managementcol C$210K
Fundraisingcol D$55K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$5.8M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$377K
Fundraising eventsLn 1c$99K
Investment incomeLn 3$273K
Other incomeLn 4–11$9K
Gains on assetsLn 7$876
Total revenueLn 12$659K
Assets in detailPt X, end of year
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$3.9M
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$29K
Total assetsLn 16$5.8M
LiabilitiesLn 26$1.5M
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$968K$1.2M
InvestmentsLn 11–13$4.2M$3.9M
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$5.8M$5.8M
LiabilitiesLn 26$1.3M$1.5M
Net assetsLn 32$4.5M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$718K$718K
Other salaries and wagesLn 7$108K$15K$50K$42K
Other employee benefitsLn 9$32K$5K$15K$13K
Other fees for servicesLn 11g$62K$62K
Office expensesLn 13$11K$11K
OccupancyLn 16$750$750
TravelLn 17$352$352
Conferences, conventions and meetingsLn 19$22$22
Depreciation, depletion and amortizationLn 22$748$748
Other expenses (24a–d)Ln 24$88K$20K$68K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.0M$758K$210K$55K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $659K$1.0M−$364K$4.3M 990 PDF
FY2023 $626K$765K−$139K$4.5M 990 PDF
FY2022 $1.3M$739K$606K$4.3M 990 PDF
FY2021 $1.2M$773K$464K$4.3M 990 PDF
FY2020 $403K$567K−$164K$3.0M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $659,135 across 8 lines filed
VIII-1c Fundraising events$98,554
VIII-1d Related organizations$6,670
VIII-1f All other contributions, gifts and grants$271,934
VIII-1h Total contributions, gifts and grants$377,158
VIII-3 Investment incomeExcluded from tax $271,982$271,982
VIII-7 Net gain or loss on sales of assetsExcluded from tax $876$876
VIII-8 Net income from fundraising eventsExcluded from tax $9,119$9,119
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $281,977$659,135
Part IX · Statement of functional expenses $1,023,020 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $718,266$718,266
IX-7 Other salaries and wagesPrograms $15,417 · Management $50,478 · Fundraising $42,337$108,232
IX-9 Other employee benefitsPrograms $4,588 · Management $15,022 · Fundraising $12,600$32,210
IX-11g Other fees for servicesManagement $61,839$61,839
IX-13 Office expensesManagement $11,274$11,274
IX-16 OccupancyManagement $750$750
IX-17 TravelPrograms $352$352
IX-19 Conferences, conventions and meetingsManagement $22$22
IX-22 Depreciation, depletion and amortizationManagement $748$748
IX-24 Other expenses (24a–d)Programs $19,779 · Management $68,071$87,850
IX-24e All other expensesManagement $1,477$1,477
IX-25 Total functional expensesPrograms $758,402 · Management $209,681 · Fundraising $54,937$1,023,020
Part X · Balance sheet $5,825,792 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $967,887$1,217,246
X-3 Pledges and grants receivableStart of year $690,275$650,786
X-10c Land, buildings and equipment, netStart of year $2,058$1,310
X-11 Publicly traded securitiesStart of year $4,157,627$3,927,685
X-15 Other assetsStart of year $0$28,765
X-16 Total assetsStart of year $5,817,847$5,825,792
X-17 Accounts payable and accrued expensesStart of year $4,006$4,409
X-25 Other liabilitiesStart of year $1,342,696$1,473,975
X-26 Total liabilitiesStart of year $1,346,702$1,478,384
X-27 Net assets without donor restrictionsStart of year $3,362,348$3,832,249
X-28 Net assets with donor restrictionsStart of year $1,108,797$515,159
X-32 Total net assets or fund balancesStart of year $4,471,145$4,347,408
X-33 Total liabilities and net assetsStart of year $5,817,847$5,825,792
Part XI · Reconciliation of net assets $4,347,408 net assets at year end
XI-1 Total revenue$659,135
XI-2 Total expenses$1,023,020
XI-3 Revenue less expenses−$363,885
XI-4 Net assets at start of year$4,471,145
XI-5 Net unrealized gains (losses) on investments$218,054
XI-9 Other changes in net assets$22,094
XI-10 Net assets at end of year$4,347,408

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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