Einstein Medical Center Montgomery
Nonprofit profile at a glance
- EIN
- 204193243
- IRS 990 coverage
- 2009–2011
- Forms available
- Form 990 2011
- Location
- Philadelphia, PA, USA
- Phone
- 2154566760
- Rating confidence
- Limited
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $15,208,391
- Expenses
- $5,572,940
- Assets
- $433,008,713
- Liabilities
- $358,243,817
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
15 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The albert einstein healthcare network is a not-for-profit corporation that controls related organizations in a health care delivery system serving the greater Delaware valley through sole membership in those related organizations. The albert einstein healthcare network ("aehn"), the parent company, together with its related member organizations, comprises the albert einstein healthcare network ("network"). Einstein medical center montgomery ("emcm") is a controlled organization through aehn. Emcm is constructing a new medical center to provide acute care services in a 146-bed hospital setting to residents in and around central montgomery county. Emcm has, as its principal purpose, furnishing comprehensive medical services, which services shall include not only diagnostic and curative medical care, but also shall include, without limitation, preventative medical care, care of the chronically ill, rehabilitation of the disabled and semi-invalid, dental care, improved facilities for the
What it reported doing in 2011
EMCM is a development stage company and to date has had no operations other than exploratory costs associated with site acquisition and strategic planning studies. Prior to the opening of the new hospital, the activities of EMCM include planning and developemnt of the new hospital, construction of the hospital, making decisions regarding the scope of clinical services, programs and facilities. Upon the opening of the new hospital, EMCM will be the operation of the new hospital and the health care facilities and services in Montgomery County.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 69
- Accountability: 90
- Sustainability: 78
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 81.8%; rating input score 82; 18th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 63.4%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 77.7; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 13.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -93% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.6M in reported program spending
- Leadership: top reported pay $1.9M · 15 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed
- Consistency: 17 of 17 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2009 to 2011
- Related organizations: 16 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.