Civic Intelligence

Foundcare Inc

EIN 54-2083748 • 501(c)3 • West Palm Beach, FL

View Organization Page

Profile

To provide quality healthcare and social services for all individuals and families.

2330 South Congress AvenueWest Palm Beach, FL 33406

www.foundcare.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.19x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.18x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

45th percentile

3.2%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$563,741

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

8.9%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$55,678,564

Up $5,351,768 (+11%) from 2023

Liabilities

Up

$10,467,416

Up $2,891,202 (+38%) from 2023

Net Assets

Up

$45,211,148

Up $2,460,566 (+5.8%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin45th percentile

Revenue

Up

$56,778,252

Up $4,657,309 (+8.9%) from 2023

Expenses

Up

$54,970,842

Up $6,469,555 (+13%) from 2023

Net Income

Down

$1,807,410

Down $1,812,246 (-50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $9,820,355Liabilities 2011: $8,585,301Net Assets 2011: $1,235,0542011Assets 2012: $10,252,324Liabilities 2012: $8,188,708Net Assets 2012: $2,063,6162012Assets 2013: $9,260,724Liabilities 2013: $4,963,163Net Assets 2013: $4,297,5612013Assets 2014: $8,820,330Liabilities 2014: $5,286,052Net Assets 2014: $3,534,2782014Assets 2015: $9,419,382Liabilities 2015: $5,163,761Net Assets 2015: $4,255,6212015Assets 2016: $12,367,055Liabilities 2016: $5,564,005Net Assets 2016: $6,803,0502016Assets 2017: $15,751,998Liabilities 2017: $5,045,589Net Assets 2017: $10,706,4092017Assets 2018: $19,965,042Liabilities 2018: $5,666,146Net Assets 2018: $14,298,8962018Assets 2019: $24,793,362Liabilities 2019: $5,443,648Net Assets 2019: $19,349,7142019Assets 2020: $33,698,474Liabilities 2020: $7,623,449Net Assets 2020: $26,075,0252020Assets 2021: $38,679,397Liabilities 2021: $6,465,494Net Assets 2021: $32,213,9032021Assets 2022: $47,948,623Liabilities 2022: $9,201,790Net Assets 2022: $38,746,8332022Assets 2023: $50,326,796Liabilities 2023: $7,576,214Net Assets 2023: $42,750,5822023Assets 2024: $55,678,564Liabilities 2024: $10,467,416Net Assets 2024: $45,211,1482024

Highlighted filing

2024

Assets$55,678,564
Liabilities$10,467,416
Net Assets$45,211,148
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2011: $4,711,193Expenses 2011: $4,543,164Net Income 2011: $168,0292011Revenue 2012: $5,664,403Expenses 2012: $4,835,841Net Income 2012: $828,5622012Revenue 2013: $5,554,322Expenses 2013: $6,031,811Net Income 2013: -$477,4892013Revenue 2014: $9,929,291Expenses 2014: $10,625,391Net Income 2014: -$696,1002014Revenue 2015: $11,025,680Expenses 2015: $10,282,198Net Income 2015: $743,4822015Revenue 2016: $17,709,203Expenses 2016: $15,204,017Net Income 2016: $2,505,1862016Revenue 2017: $22,195,695Expenses 2017: $18,363,075Net Income 2017: $3,832,6202017Revenue 2018: $26,905,512Expenses 2018: $23,313,059Net Income 2018: $3,592,4532018Revenue 2019: $30,363,744Expenses 2019: $25,312,987Net Income 2019: $5,050,7572019Revenue 2020: $35,538,854Expenses 2020: $28,813,579Net Income 2020: $6,725,2752020Revenue 2021: $40,823,031Expenses 2021: $34,707,833Net Income 2021: $6,115,1982021Revenue 2022: $47,674,840Expenses 2022: $41,145,847Net Income 2022: $6,528,9932022Revenue 2023: $52,120,943Expenses 2023: $48,501,287Net Income 2023: $3,619,6562023Revenue 2024: $56,778,252Expenses 2024: $54,970,842Net Income 2024: $1,807,4102024

Highlighted filing

2024

Revenue$56,778,252
Expenses$54,970,842
Net Income$1,807,410
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$55,678,564
Liabilities
$10,467,416
Net assets
$45,211,148
Revenue
$56,778,252
Expenses
$54,970,842
Net income
$1,807,410
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$10.5$45.2$56.8$55.0$1.81
2023Summary only. Only limited summary data is available for this year.$50.3$7.58$42.8$52.1$48.5$3.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.9$9.20$38.7$47.7$41.1$6.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$6.47$32.2$40.8$34.7$6.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.7$7.62$26.1$35.5$28.8$6.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$5.44$19.3$30.4$25.3$5.05
2018Summary only. Only limited summary data is available for this year.$20.0$5.67$14.3$26.9$23.3$3.59
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$5.05$10.7$22.2$18.4$3.83
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$5.56$6.80$17.7$15.2$2.51
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.42$5.16$4.26$11.0$10.3$0.74
2014Detailed filing. Detailed filing data is available for this year.$8.82$5.29$3.53$9.93$10.6$0.70
2013Detailed filing. Detailed filing data is available for this year.$9.26$4.96$4.30$5.55$6.03$0.48
2012Summary only. Only limited summary data is available for this year.$10.3$8.19$2.06$5.66$4.84$0.83
2011Summary only. Only limited summary data is available for this year.$9.82$8.59$1.24$4.71$4.54$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.2
Gross Receipts
$56,778,252
Mission and Program Overview

Mission

To provide quality healthcare and social services for all individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,420,026$24,589,516▲ $6,169,490
Investments Other Securities$14,826,075$11,500,621▼ $3,325,454
Accounts Receivable$7,419,860$9,829,224▲ $2,409,364
Pledges and Grants Receivable$3,520,325$6,810,513▲ $3,290,188
Savings and Temporary Cash Investments$4,113,221$1,074,200▼ $3,039,021
Prepaid Expenses and Deferred Charges$645,008$664,020▲ $19,012
Total Assets$50,326,796$55,678,564▲ $5,351,768
Other Assets Total$1,382,281$1,210,470▼ $171,811
Liabilities
Accounts Payable and Accrued Expenses$2,682,509$5,046,626▲ $2,364,117
Mortgage Notes Payable Secured by Investment Property$3,440,988$3,249,871▼ $191,117
Other Liabilities$1,347,882$1,150,919▼ $196,963
Deferred Revenue$104,835$1,020,000▲ $915,165
Total Liabilities$7,576,214$10,467,416▲ $2,891,202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,750,582$45,211,148▲ $2,460,566
Total Net Assets Fund Balance$42,750,582$45,211,148▲ $2,460,566
Total Liabilities and Net Assets / Fund Balance$50,326,796$55,678,564▲ $5,351,768

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,152,158$4,636,017$15,788,175
Other Land Buildings$10,684,812$408,032$11,092,844
Equipment$1,169,177$1,995,506$3,164,683
Land$1,561,695-$1,561,695
Leasehold Improvements$21,674$63,557$85,231
Other Securities$11,500,621--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leslie Diaz MdMedical DirectorPT$546,000$17,741$563,741
Serge J Thys MdDirector of PsychiatryFT$414,751-$414,751
Christopher IrizarryChief Executive OfficerFT$342,127$15,280$357,407
Jean Y Monice MdPhysicianFT$254,273$29,586$283,859
Marcia YoungChief Operating OfficerFT$254,677$28,299$282,976
Mario TheliardPhysicianFT$251,878$29,745$281,623
Dr Rose PhiliusChief Medical OfficerFT$263,760$7,270$271,030
Armando CollazoPhysicianFT$257,563$7,283$264,846
Andy AntenorChief Financial OfficerFT$227,525$9,308$236,833
Mike Jean-baptisteDental DirectorFT$212,007$24,199$236,206
Melissa PierreChief Compliance OfficerFT$197,538$28,472$226,010
Heriberto Luis LopezChief Information OfficerFT$184,347$28,384$212,731
Claude LozandierPhysicianFT$208,549$2,083$210,632
Hyla FritschChief Pharmacy OfficerFT$183,791$13,014$196,805
Pascal GedeonPhysician AssistantFT$166,920$27,618$194,538
Muracia AlllianceAdvanced Practice Registered NurseFT$169,085$24,383$193,468
Lisa FerreiraPediatricianFT$176,747$12,890$189,637
Arlen MitraniOperational PharmacistFT$151,198$27,365$178,563
Stella I Medina Lewis MdPhysicianFT$172,214$667$172,881
Valdinio CambryAdvanced Practice Registered NurseFT$152,900$18,180$171,080
Estefani BellosoDirector of Clinical QualityFT$162,027$8,966$170,993
Jennifer CasanovaAdvanced Practice Registered NurseFT$150,211$17,408$167,619
Janis JonesPediatricianFT$151,225-$151,225

Board Members and Trustees

NameTitle
Vivianne Jean-francoisPresident
David Dodson Md2nd Vice President
Moise Anglade MdVice President
Adrienne BessDirector
Eric N DiazDirector
James S RotaDirector
Ken DruskinDirector
Miron M EbanksDirector
Paul E GordonDirector
Stephanie B Carden EsqDirector
Bertha CondesSecretary
Marcia HowardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,204,575
Program Service Revenue
$41,368,341
Investment Income
$18,947
Other Revenue
$186,389
All Other Contributions
$7,472,426
Change in Net Assets
$1,807,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$56,778,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$668,165
Total Revenue per Audited Statements
$57,446,417
Total Revenue per Form 990
$56,778,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,555,736
Salaries, Compensation, and Employee Benefits$23,147,566
Grants and Similar Amounts Paid$3,267,540
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,075,437$308,225-$17,383,662
Fees for Services Other$2,754,756$111,335-$2,866,091
Other Employee Benefits$2,693,815$146,975-$2,840,790
Grants to Domestic Individuals$2,267,540--$2,267,540
Current Officers, Directors, Trustees, and Key Employees$1,599,583$28,874-$1,628,457
Payroll Taxes$1,226,190$68,467-$1,294,657
Grants to Domestic Orgs$1,000,000--$1,000,000
Depreciation Depletion$814,005$108,482-$922,487
All Other Expenses$844,921$55,589-$900,510
Occupancy$477,490$42,673-$520,163
Office Expenses$376,929$17,078-$394,007
Insurance$313,800$80,001-$393,801
Other Expenses$309,479$38,478-$347,957
Conferences and Meetings$207,790$11,610-$219,400
Interest$151,835$5,395-$157,230
Total Functional Expenses$53,946,468$1,024,374$0$54,970,842

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$54,970,842
Total Expenses per Audited Statements$54,970,842
Total Expenses per Form 990$54,970,842
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundcare Foundation IncWest Palm Beach, FL501(c)(3)To Provide Funds to the Foundation for Fundraising Development$1,000,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use Operating Leases Long Term$929,805
Right-of-use Operating Leases Current Portion$221,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“All voting board members were provided a copy of form 990 for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“All voting board members are required to return a signed statement signifying approval annually.”

Form 990, Part VI, Section B, Line 15

“Compensation is designated in annual minutes approved by the board of directors after comparability data is collected and reviewed.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Foundcare Inc
EIN
54-2083748
Phone
5614729160
Address
2330 SOUTH CONGRESS AVENUE, WEST PALM BEACH, FL 33406

Signing Officer

Name
Christopher F Irizarry Mpa
Title
Chief Executive Officer
Phone
5614729160
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vivianne Jean-francois
Formed
2002
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
329
Volunteers
1

Preparer

Firm
Templeton & Company Llp
Address
222 LAKEVIEW AVENUE SUITE 1200, WEST PALM BEACH, FL 33401
Preparer
John Chenoweth
Phone
5617989988
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Prior year fund balance - foundcare foundation, inc. -15,009.”

FORM 990, PART XII, LINE 2C:

“The organizations oversight policy has not changed.”

Financial Statement Notes

PART X, LINE 2:

“Foundcare was granted tax-exempt status under internal revenue code (irc) section 501(c)(3). Accordingly, no provision for income taxes has been recorded in the accompanying financial statements. Foundcare is required to operate in conformity with the provisions of the irc to maintain its exempt status. Management analyzes tax positions in jurisdictions where it is required to file income tax returns. Based on its evaluation, management did not identify any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease. Interest and penalties attributable to income taxes, if any, are included in operating expenses. No such interest or penalties were recorded for the years 2024 or 2023. Foundcare is no longer subject to internal revenue service (irs) examinations for years prior to 2021.”

Raw XML AppendixShowing 400 of 1,110 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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