ROBERT AND ELEANOR FRANKE CHARITABLE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

ROBERT AND ELEANOR FRANKE CHARITABLE FOUNDATION INC

EIN 45-0998178 · Public Foundations

What they do

THE FOUNDATION is ORGANIZED and SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY for THE BENEFIT OF, to PERFORM THE FUNCTIONS of and to CARRY OUT THE PURPOSES of THE SUPPORTED ORGANIZATIONS, NAMELY, THE LA CROSSE COMMUNITY FOUNDATION, INC., THE DIOCESE of LA CROSSE and MAYO CLINIC HEALTH SYSTEM IN LA CROSSE, FORMERLY FRANCISCAN SKEMP HEALTHCARE, and THE WISHES of THE FRANKES AS EXPRESSED IN MR. FRANKES LAST WILL and TESTAMENT, and ITS ACTIVITIES SHALL BE LIMITED to SUCH CHARITABLE PURPOSES AS WILL BENEFIT, CARRY OUT THE PURPOSES of or PERFORM THE FUNCTIONS of THE SUPPORTED ORGANIZATIONS, INCLUDING, BUT NOT LIMITED TO: THE MAKING of GRANTS and OTHER DISTRIBUTIONS to ANY of THE SUPPORTED ORGANIZATIONS or for THE BENEFIT of or to SUPPORT THE CHARITABLE PURPOSES of ANY of THE SUPPORTED ORGANIZATIONS; THE MANAGEMENT, INVESTMENT and ADMINISTRATION of FUNDS for THE BENEFIT of or to SUPPORT THE CHARITABLE PURPOSES of ANY of THE SUPPORTED ORGANIZATIONS; and THE PERFORMANCE of FUNCTIONS and THE INCUR

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

103.48%of revenue went to mission work71.4% of expenses · Program services

$144.97spent for every $100 of revenueSpending was higher than revenue this year.

41.49%of revenue went to management and office costs28.6% of expenses

$14.99in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $467,078 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $103,919 for MELVYN HOFFMAN (EXEC. DIR./P). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,038,679

Mission workProgram services$1,074,830103.48% of revenue71.4% of expenses

ManagementOffice and general costs$430,92741.49% of revenue28.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,505,757144.97% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 71.4% mission · 28.6% management · 0.0% fundraisingTotal expenses: 144.97% of revenue

2016Expense mix: 72.4% mission · 27.6% management · 0.0% fundraisingTotal expenses: 116.48% of revenue

Money in and money out

Revenue$1,038,679

Expenses$1,505,757

Annual shortfall $467,078 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,074,830 · 71.4% of expenses

Management and office costs$430,927 · 28.6% of expenses

See all reported dollar amounts

Revenue$1,038,679

Expenses$1,505,757

Assets$22,566,508

Income$9,004,097

Mission work (program services)$1,074,830

Grants given$23,582,516

Average grant$3,930,419

Management and general$430,927

Executive compensation (total)$141,330

Stocks and bonds$22,533,742

Accounting fees$932

Investing fees$157,740

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MELVYN HOFFMANEXEC. DIR./P · 35 hrs/week $103,919

CYNTHIA HOFFMANEXEC. ASST/S · 35 hrs/week $68,383Base $54,911 · Other $13,472

JOSEPH KRUSEDIRECTOR · 1 hrs/week $58,124Base · Other $58,124

PETER GRABOWDIRECTOR · 1 hrs/week $26,171Base · Other $26,171

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

MELVYN HOFFMANEXEC. DIR./P

CYNTHIA HOFFMANEXEC. ASST/S

JOSEPH KRUSEDIRECTOR

PETER GRABOWDIRECTOR

BARB ERICKSONDIRECTOR

MSGR RICHARD GILLESDIRECTOR

SANDY BREKKEVICE PRESIDE

About this charity

Location: N2939 STATE RD 16 SUITE A, LA CROSSE, WI 54601
County: La Crosse
In care of: MELVYN HOFFMAN
Primary officer: MELVYN HOFFMAN, EXEC. DIR./PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(608) 789-4357

Filing and classification

Latest tax year: 2017
Tax period began: January 1, 2017
Return type: 990
Tax preparer: JOHNSON BLOCK & CO INC
IRS tax category: Public Foundations
Grant-giving organization: Yes