Franciscan Aco Inc
100% goes to programs $0 to raise $100 Growing revenue
Franciscan Aco Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2017, with $89,035,428 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
700 E Southport Rd, Indianapolis, IN, 46227 EIN 35-1904455 Since 2017
Revenue (FY2024)
$89.0M
▲ 4.9% vs prior year
Health median: $840K
Expenses (FY2024)
$82.0M
Net assets
$15.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Franciscan Aco Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franciscan Aco Inc: 2 mo reserves · +8% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Franciscan Aco Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franciscan Aco Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o, attachment 1
What they do
Franciscan senior health & wellness, a program of all-inclusive care for the elderly (pace), is a community-based healthcare program created for people 55 or older who are eligible for nursing-home level care, but prefer to receive their care in their own familiar surroundings. our program enables seniors to live as independently as possible by providing truly all-inclusive services. in addition to addressing each participant's unique medical needs, we also help with the social, emotional and practical challenges that older adults often face. through interactions with peers, stimulating activities and other supportive services, participants will enjoy a better quality of life. franciscan senior health & wellness is a member of the national pace association (program of all-inclusive care for the elderly). the pace model of care is centered around the belief that the well-being of seniors with chronic care needs, and their families, are better served in their own communities whenever possible.
Contact & location
- Address
- 700 E Southport Rd, Indianapolis, IN, 46227
- City
- Indianapolis
- State
- Indiana
- Category
- Health Care
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $28.3M (FY2018) to $89.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.8MNet assets $15.6M
Operating margin
7.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.3M
Total liabilities
$7.8M
Net assets
$15.6M
Salaries & benefits
$0
0% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,035,428▲4.9% | $82,024,088▼6.5% | $15,581,548▲81.8% | $23,345,177▲47.3% | 990 |
| 2023 | $84,872,357▲51.6% | $87,732,642▲103% | $8,570,208▼25.0% | $15,847,712▼17.5% | 990 |
| 2022 | $55,973,643▼8.4% | $43,308,151▼29.3% | $11,430,493▲1026% | $19,218,258▼9.0% | 990 |
| 2021 | $61,139,820▲41.4% | $61,221,254▲49.6% | -$1,234,999▲3.0% | $21,108,716▲27.3% | 990 |
| 2020 | $43,232,466▲16.3% | $40,918,872▲8.2% | -$1,273,501▲64.5% | $16,581,431▼33.3% | 990 |
| 2019 | $37,183,202▲31.3% | $37,808,923▲29.2% | -$3,586,348▼120% | $24,867,812▼21.6% | 990 |
| 2018 | $28,328,995 | $29,267,265 | $18,118,472 | $31,717,034 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Allan Gillespie Md | Director | 5 | — |
| Cynthia Evans | Director, Pace | 5 | — |
| Ernest Iannotta | Director | 5 | — |
| Kevin D Leahy | President and Director | 5 | — |
| Michael Smith | Director, Pace | 5 | — |
| Sister Lethia Marie Leveille | Secretary and Director | 5 | — |
| Sister M Aline Shultz | Chairperson & Director | 5 | — |
| Sister M Ann Kathleen Magiera | Treasurer and Director | 5 | — |
| Sister M Madonna Rougeau | Director | 5 | — |
| Thomas Gryzbek | Director | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Trhc Tpa LLC DBA Pharmastar LLC | Pharmacy Benefit Mgr | $209,286 |
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Compare Franciscan Aco Inc
Frequently asked questions
- Is Franciscan Aco Inc a legitimate nonprofit?
- Yes. Franciscan Aco Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1904455, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Franciscan Aco Inc's EIN?
- Franciscan Aco Inc's Employer Identification Number (EIN) is 35-1904455.
- How much revenue does Franciscan Aco Inc report?
- Franciscan Aco Inc reported $89,035,428 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Franciscan Aco Inc's spending goes to programs?
- Franciscan Aco Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Franciscan Aco Inc have?
- CharityIndex grades Franciscan Aco Inc A, based on program efficiency and fundraising cost.
- How much does Franciscan Aco Inc's highest-paid employee make?
- The highest reported compensation on Franciscan Aco Inc's latest Form 990 is $0, paid to Allan Gillespie Md (Director).
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Explore more
Data for Franciscan Aco Inc (EIN 35-1904455) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.