Franciscan Aco
Franciscan Aco reported $89.0 million in revenue and $82.0 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.9% of the total. The highest compensation it reported for one person was $3,036,555 (PRESIDENT AND DIRECTOR). Revenue rose 139% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $82MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $89MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.5% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,036,555 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.70% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 10 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseFranciscan Aco, inc. ("aco", "franciscan") was formed in 2011, and was the first and only pioneer aco in indiana and among the first in the country to partner with medicare as an aco. Franciscan Aco participates in the medicare shared savings aco program and nongovernmental value based programs to meet the needs of patients. The aco supports patients and providers in both indiana and illinois through the collaborative efforts of the following partners: (a) 12 tax-exempt hospitals operated, directly and indirectly, by franciscan alliance, inc.; (b) franciscan physician network, a franciscan…
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…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND DIRECTOR Director/trustee, officer, 5.0 hrs/week | $0 | $2,927,664 | $108,891 | $3,036,555 |
0 people received more than $100,000 in reportable compensation from Franciscan Aco (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Franciscan Aco's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Franciscan Aco, you can publish a response that is linked from this page.
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Of every $100 Franciscan Aco spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Orthopaedic HospitalLos Angeles, CA · revenue $89M · programs 91.5% · FY2025
- Livingston HealthcareLivingston, MT · revenue $89M · programs 82.2% · FY2025
- Intermountain Healthcare FoundationSalt Lake City, UT · revenue $89M · programs 92.2% · 2024
- Carthage Area HospitalCarthage, NY · revenue $89M · programs 91.0% · 2023
- Wayne Hospital CompanyGreenville, OH · revenue $89M · programs 81.8% · 2024
Questions people ask
How much of Franciscan Aco's spending goes to programs?
In calendar year 2024, Franciscan Aco reported that 100.0% of its $82.0 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Franciscan Aco pay its top executive?
The largest total compensation Franciscan Aco reported for one person in calendar year 2024 was $3,036,555, for the role of PRESIDENT AND DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Franciscan Aco get its money?
Of $89.0 million in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.5% from government grants) and 86.9% from program service revenue (Form 990, Part VIII).
Is Franciscan Aco a registered charity?
The IRS lists EIN 35-1904455 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543219349318344 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349321487 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303189349316440 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349328972 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349306835 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043219349314354 · read the filing
All filings for EIN 35-1904455: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.