Fv Services INC EIN 82-0986068

Fv Services INC

EIN  82-0986068 Supporting organization St Louis, MO Founded 2017
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/20/26 · see original filing: IRS
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Size
$1–10M
What they do
Supports Friendship Villages and their affiliates, providing services and fulfilling their missions.
Leadership
James T Walsh · President & CEO · $643K
Money in and out
$9.1M revenue, $8.6M expenses
Bottom line
+6% net inflow

Supports Friendship Villages and their affiliates, providing services and fulfilling their missions. For fiscal year 2024 it reported $9.1M in revenue, $8.6M in expenses, and $3.0M in net assets.Pt I

Money in and out · FY2024
Total revenue
$9.1M
Pt VIII · Ln 12
Total expenses
$8.6M
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $568K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Net inflow
+6%
revenue over expenses, this year▲ +134% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
56%
of expenses reach stated programs▲ +13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$9.1M
FY2024▲ +50%
Expenses
$8.6M
FY2024▲ +18%
Total assets
$5.5M
FY2024▼ -19%
Total liabilities
$2.5M
FY2024▼ -75%
Total revenue
$9.1M
Pt VIII · Ln 12
Total expenses
$8.6M
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$568K
Total assetsPt X · Ln 16$5.5M
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $4.7M of program spending, described in the organization's own filed words · FY2024.
01

Friendship Village at Home

For those not living on one of our campuses, bringing extensive experience and quality care to medicare home health and private duty. Whether you need private duty home care or medicare home health, you can trust friendship village and its partners to deliver the best care to you or your loves ones.

$2.2Mprogram expense
02

FV hospice was incorporated in 2024 to provide hospice services for the residents within the friendship village system.

$1.3Mprogram expense
03

Fv at Home

Supportive services, LLC - our experienced team provides a range of supportive services to help you live the life you love in your chesterfield or sunset hills independent living apartment. These services are customized and designed around you at an affordable rate to help you remain independent as long as possible.

$1.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFv Services INC
EINHdr · item D82-0986068
Principal addressHdr · item CSt Louis, MO
WebsiteHdr · item Jwww.friendshipvillagestl.com
Year of formationHdr · item L2017
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L02)
Ruling yearIRS BMFAug 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$642,743Pt VII · Sec A
Chief Strategy Officer
$426,508Pt VII · Sec A
$329,891Pt VII · Sec A
Vice President, Health Services
$270,178Pt VII · Sec A
Chief Human Resources Officer
$266,563Pt VII · Sec A
Director, SR. Living Sales
$188,643Pt VII · Sec A
Senior IT Director
$180,933Pt VII · Sec A
Senior Dir., Village Services
$164,087Pt VII · Sec A

James T Walsh’s $643K as President & CEO is at the 100th percentile of top reported officer pay among 2025 $1–10M housing 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
James T Walsh$642,743$537,873$599,253$350,877$459,323$391,872
Carmen Fronczak$426,508$360,327$406,507$308,736$303,231$230,043
Kathy Francescon$329,891$287,740
Tim Vosse$314,663$278,020$324,454$282,419
Stacey Zerban$270,178$222,750$167,355
Gayle Randa$266,563$242,893$248,079$220,910$232,971$184,515
Michael E Hambley$200,971
Nathan Torno$188,643$175,102

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.

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Statement of Revenue

Part VIII
Program service revenue100%$9.1M
Investment income$879
Other revenue$11K
Total revenueLn 12$9.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$4.8M
Management & general44%$3.8M
Total functional expensesLn 25$8.6M

Balance Sheet

Part X · end of year
CashLn 1$3.8M
Total assetsLn 16$5.5M
Total liabilitiesLn 26$2.5M
Total net assetsLn 32$3.0M
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.8M · Operating expenses/yr $8.6M
5.4 months
Where the money goes
Program services
Program services $4.8M · Total expenses $8.6M
56%
Management & General
Management & general $3.8M · Total expenses $8.6M
44%
Fundraising
Fundraising $0 · Total expenses $8.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $9.1M
0%
Government reliance
Government grants — · Total revenue $9.1M
Earned-income share
Program service revenue $9.1M · Total revenue $9.1M
100%
Investment reliance
Investment income $879 · Total revenue $9.1M
0%
Program self-sufficiency
Program service revenue $9.1M · Total expenses $8.6M
106%
Growth & trend
Revenue growth (YoY)
This year $9.1M · Prior year $6.1M
+50%
Revenue CAGR
FY2019 $6.5M · FY2024 $9.1M
+7%
Net-asset trend (YoY)
End of year $3.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.1M · Expenses $8.6M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $5.5M
Net-asset ratio
Net assets $3.0M · Total assets $5.5M
55%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James T Walsh · Reported title PRESIDENT & CEO · Highest reported compensation $643K · Total expenses $8.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.8M · Total expenses $8.6M
67%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Revenue growth 50%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $235K · 2019–2024
Unitemized GrantFY2024$13,351
Unitemized GrantFY2023$7,290
Unitemized GrantFY2022$13,304
Unitemized GrantFY2021$6,741

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$6.1M revenue · ⤓ 990 PDF
FY2023$5.8M revenue · ⤓ 990 PDF
FY2022$4.9M revenue · ⤓ 990 PDF
FY2021$7.0M revenue · ⤓ 990 PDF
FY2020$6.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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