Beth Israel Anaesthesia Foundation Inc

Nonprofit profile at a glance

EIN
042997215
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Boston, MA, USA
Phone
7817448924
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$10,147,316
Expenses
$10,220,982
Assets
$23,345,897
Liabilities
$3,570,470

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CAMERON SHANNON (AFS EXECUTIVE DIRECTOR)

Highest reported compensation

  • TALMOR MD MPH DANIEL (DIR(EXO)& PRES; ANESTHESIA CHIEF/CHR): $992,860 total reported compensation
  • HESS MD PHILIP (DIR, SEC, & CLERK; ANESTHESIOLOGIST): $700,080 total reported compensation
  • BOSE MD RUMA (DIRECTOR; ANESTHESIOLOGIST): $664,326 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of beth israel anaesthesia foundation (the foundation) is to support the patient care, research, and teaching missions of beth israel deaconess medical center (bidmc) and harvard medical faculty physicians at beth israel deaconess medical center (hmfp) as well as to support teaching and research at the president and fellows at harvard college/harvard medical school (hms).

What it reported doing in 2024

The mission of beth israel anaesthesia foundation (the foundation) is to support medical research and education, provide instruction, and participate in activities designed to improve the general public health of patients served by beth israel deaconess medical center (bidmc), harvard medical faculty physicians at beth israel deaconess medical center (hmfp) and their affiliates. The foundation uses its funds to support the physicians' work in the anaesthesia departments at bidmc and hmfp and to strengthen the department by supporting the educational requirements of the department and physicians worldwide by providing training seminars and other classes. The foundation also uses its funds to support expenses incurred by its affiliated entities which benefit the physicians and other personnel who are engaged in activity related to the anesthesia field. All activities that the foundation participates in are focused on medical procedures, research, and other activities that are inspired to enhance methods utilized in the anaesthesia field. During the period covered by this filing, the foundation provided training and education in furtherance of the educational missions of beth israel deaconess medical center (bidmc), harvard medical faculty physicians at bidmc (hmfp), harvard medical school (hms) and their affiliated organizations.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 74
  • Accountability: 38
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.8%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 25%; rating input score 25; 6th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 2.28; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 11.2%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 11.3% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
  • Governance: 1 of 4 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $10.1M in reported program spending
  • Leadership: top reported pay $993K · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 82 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 25/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.