FRANCISCAN PROPERTIES INC

EIN: 341412966 501(c)(3) Education

SYLVANIA, OH

Total Revenue
$879,178
Total Expenses
$625,489
Total Assets
$4,559,023
Net Assets
$4,486,437
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
OH
Phone
4198243609
Tax Period
2023-01-01 to 2023-12-31

FRANCISCAN PROPERTIES INC, founded in 1983, is a small nonprofit in the Education sector that reported $879K in total revenue in fiscal year 2023. The organization ran a surplus of $254K, a strong 29% operating margin.

Mission

FRANCISCAN PROPERTIES OPERATES RESIDENTIAL HOUSING FACILITIES FOR THE ELDERLY AND SENIOR ADULTS AND PROVIDES SHELTER FOR VICTIMS OF DOMESTIC VIOLENCE TRANSITIONING FROM ACUTE CARE TREATMENT TO LONG-TERM TRANSITIONAL HOUSING AS PART OF THE CHARITABLE MINISTRY OF FRANCISCAN SHELTERS, A RELATED NONPROFIT CORPORATION OPERATING AS PART OF THE SISTERS OF ST. FRANCIS HEALTH AND HUMAN SERVICES MINISTRY. THE SISTERS OF ST. FRANCIS CONTROL FRANCISCAN PROPERTIES THROUGH SYLVANIA FRANCISCAN MINISTRIES, AN OHIO NONPROFIT CORPORATION WHICH ACTS AS THE PARENT OF FRANCISCAN PROPERTIES. THE CONGREGATIONAL MINISTER AND MEMBERS OF THE GENERAL COUNCIL ARE THE MEMBERS OF SYLVANIA FRANCISCAN MINISTRIES AND APPOINT SYLVANIA FRANCISCAN MINISTRIES BOARD OF TRUSTEES. SYLVANIA FRANCISCAN MINISTRIES AND APPOINT SYLVANIA FRANCISCAN MINISTRIES BOARD OF TRUSTEES.

Program Service Accomplishments

Program 1
Expenses: $591,341 Revenue: $786,232

FRANCISCAN PROPERTIES, INC. IS PART OF THE HEALTH AND HUMAN SERVICES AND EDUCATIONAL MINISTRIES OF THE SISTERS OF ST FRANCIS OF THE CONGREGATION OF OUR LADY OF LOURDES, SYLVANIA, OHIO. FRANCISCAN...

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FRANCISCAN PROPERTIES, INC. IS PART OF THE HEALTH AND HUMAN SERVICES AND EDUCATIONAL MINISTRIES OF THE SISTERS OF ST FRANCIS OF THE CONGREGATION OF OUR LADY OF LOURDES, SYLVANIA, OHIO. FRANCISCAN PROPERTIES OPERATES TO SUPPORT RELATED EXEMPT ORGANIZATIONS THAT ARE PART OF THE SISTERS' MINISTRIES, INCLUDING OPERATION OF INDEPENDENT LIVING UNITS FOR SENIOR ADULTS AND SUPPORT THE SISTERS' CHARITABLE MINISTRY, FRANCISCAN SHELTERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $785,140
Investment Income $89,946
Other Revenue $1,092
TOTAL REVENUE $879,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $131,846
Fundraising Expenses $0
Program Expenses $591,341
Other Expenses $493,643
TOTAL EXPENSES $625,489

Year-over-Year Comparison

2023 2022 Change
Revenue $879,178 $840,814 +0.0%
Expenses $625,489 $556,028 +0.1%
Net Income $253,689 $284,786 -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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
4
$478,381
Total Directors
9
$478,381
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY 1.0
Officer Director
$0 $17,970 $243,647
N/A PRESIDENT 40.0
Officer Director
$0 $58,736 $58,736
N/A CHAIRPERSON 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $15,437 $175,998
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $879,178 $625,489 $4,559,023 $253,689
2022 $840,814 $556,028 $4,241,161 $284,786
2021 $1,051,718 $724,987 $4,238,685 $326,731
2020 $931,159 $684,269 $3,823,385 $246,890
2019 $906,222 $680,064 $3,521,642 $226,158
2018 $887,719 $739,213 $3,023,734 $148,506
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