FRANCISCAN PACE INC

EIN: 260297860 501(c)(3)

BATON ROUGE, LA

Total Revenue
$26,281,989
Total Expenses
$25,206,480
Total Assets
$28,570,903
Net Assets
$9,632,151
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
LA
Principal Officer
JENNIFER CLOWERS
Phone
2259232701
Tax Period
2022-07-01 to 2023-06-30

FRANCISCAN PACE INC, founded in 2007, is a mid-sized nonprofit that reported $26.3M in total revenue in fiscal year 2022. Expenses of $25.2M left a modest 4% surplus.

Mission

FRANCISCAN PACE INC PROVIDES NON-PROFIT HEALTH AND SUPPORTIVE SERVICES DESIGNED TO ASSIST SENIORS WHO DESIRE AN ALTERNATIVE TO NURSING HOME CARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $25,564,344
Investment Income $717,645
Other Revenue $0
TOTAL REVENUE $26,281,989

Expense Breakdown

Grants Paid $2,843
Salaries & Benefits $6,586,188
Fundraising Expenses $0
Program Expenses $25,173,889
Other Expenses $18,617,449
TOTAL EXPENSES $25,206,480

Year-over-Year Comparison

2022 2021 Change
Revenue $26,281,989 $25,297,947 +0.0%
Expenses $25,206,480 $24,289,140 +0.0%
Net Income $1,075,509 $1,008,807 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
7
Employees
123
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$2,978,325
Total Directors
12
$1,759,008
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SR MARTHA ABSHIRE OSF BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN B ALLEN PRESIDENT SENIOR SERVICES 5.00
Officer Director
$0 $47,420 $454,787
CARL BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
DR CHARLES DUGAL BOARD MEMBER 1.00
Director
$0 $0 $1,650
CARL DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL GARDINER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL GREEN BOARD MEMBER / PHYSICIAN 1.00
Director
$0 $40,082 $709,068
GLENN LEBLANC BOARD MEMBER/CHAIR 1.00
Officer Director
$0 $0 $0
JAMIE ROQUES BOARD MEMBER 1.00
Director
$0 $0 $0
WANDA SPURLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN MILLER MD FMOLHS VP CHIEF CTO 1.00
Director
$0 $33,362 $454,765
LINDSAY MULLINS CHAIR OF GERONTOLOGY NURSING 1.00
Director
$0 $31,508 $138,738
JENNIFER DECUIR EVP, GENERAL COUNSEL (START 2/23) 1.00
Officer
$0 $61,400 $444,848
MICHAEL GLEASON CHIEF FINANCIAL OFFICER (START 4/23) 1.00
Officer
$0 $0 $0
JOLEE BOLLINGER GENERAL COUNSEL (UNTIL 2/23) 1.00
Officer
$0 $158,309 $943,636
ROBERT RAMSEY FMOLHS INTERIM CFO (9/22 TO 5/23) 1.00
Officer
$0 $755 $259,391
JEFF LIMBOCKER EVP CFO (UNTIL 9/22) 1.00
Officer
$0 $20,489 $875,663
WENDY TAYLOR SR DIRECTOR PACE 40.00
Highest
$124,385 $23,799 $148,184
JAMIE FOWLER NURSE PRACTITIONER 40.00
Highest
$117,566 $29,244 $146,810
CYNTHIA HALL OCCUPATIONAL THERAPIST 2 40.00
Highest
$108,086 $19,447 $127,533
WHITNEY BLANCHARD DIRECTOR FINANCE 40.00
Highest
$106,181 $34,188 $140,369
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $26,281,989 $25,206,480 $28,570,903 $1,075,509
2022 $25,297,947 $24,289,140 $35,854,947 $1,008,807
2021 $25,174,357 $24,803,461 $18,590,267 $370,896
2020 $24,947,536 $22,908,816 $16,927,344 $2,038,720
2019 $23,359,546 $21,832,597 $12,688,662 $1,526,949
2018 $21,389,095 $19,891,757 $11,609,132 $1,497,338
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