Beth Israel Deaconess Department of Orthopaedic Surgery Foundation Inc

Nonprofit profile at a glance

EIN
204974585
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-T 2024
Location
Boston, MA, USA
Phone
7817448924
Rating
29
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$44,642
Expenses
$4,621
Assets
$1,255,614
Liabilities
$4,032

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

Leadership & pay

8 people listed

Executive titles in this filing

  • KIMBALL MD MPH ALEXA B (DIRECTOR (EX-OFFICIO) (HMFP CEO))

Highest reported compensation

  • RODRIGUEZ MD EDWARD KENNETH (TREAS/DIR;ORTHSRG CHF BIDMC/CHR HMFP): $1,254,682 total reported compensation
  • KIMBALL MD MPH ALEXA B (DIRECTOR (EX-OFFICIO) (HMFP CEO)): $1,224,783 total reported compensation
  • ROZENTAL MD TAMARA (DIRECTOR; ORTHOPAEDIC SURGEON): $972,909 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 the beth israel deaconess department of orthopedic surgery foundation, inc. (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 foundation uses its funds to support medical research, 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 physicians' work in the orthopedic surgery departments at bidmc and hmfp and to strengthen the department by supporting the educational requirements of the departments 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 orthopedic surgery 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 orthopedic surgery field.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - Revenue comfortably covers expenses and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 59
  • Accountability: 23
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 22nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th 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: 89.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 271.72; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 15,086.4%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -120% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 22.8% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 18.7% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $1.3M · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 80 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.