Fund for Public Health in New York Inc

Nonprofit profile at a glance

EIN
050539199
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6467104860
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Specifically Named Diseases

Official website

Reported finances

Revenue
$98,316,171
Expenses
$87,656,289
Assets
$72,732,524
Liabilities
$30,698,126

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

Leadership & pay

19 people listed

Executive titles in this filing

  • MICHELLE MORSE MD MPH (BOARD PRESIDENT AND CHAIR)
  • SARA W GARDNER (CEO UNTIL 7/10/26)

Highest reported compensation

  • SARA W GARDNER (CEO UNTIL 7/10/26): $310,071 total reported compensation
  • PATRICIA PRICE (CHIEF PEOPLE OFFICER): $219,705 total reported compensation
  • KIT VOIT (MEDICAL EPIDEMIOLOGIST): $203,019 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 fund for public health in nyc is dedicated to the well-being of all nyc residents, implementing programs in collaboration with the nyc health department, leveraging its expertise in fundraising, public/private partnerships, and agile operations to help the nyc health department do more, more quickly.

What it reported doing in 2024

Through an agreement with the nyc department of health and mental hygiene, fphnyc provides fiscal, administrative, and strategic implementation support for a range of high priority projects that enable the health department to respond rapidly to emerging public health issues, address disparities in health outcomes and access to care, and strengthen public health infrastructure. In fy25, these efforts included: the healthnyc learning collaborative project, an effort to bring together the diverse stakeholders to invest in and implement evidence-based strategies that will have the most impact in reducing the biggest drivers of premature mortality; the public health corps, a city-wide effort to expand the public health workforce and eliminate health inequities by partnering with community groups and community health workers; the citywide doula initiative, which provides free access to home visitors and doula support for birthing people and parenting families; and the naloxone vending machine project, which aims to reduce stigma for substance use disorder (sud) by providing new yorkers convenient, anonymous, and free access to naloxone, syringes, and a wide variety of other health and wellness supplies.

Operating model

Revenue model
Grant-funded. 93% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.7%; rating input score 81
  • Program expense ratio: 90.4%; rating input score 90
  • Fundraising efficiency: $116.86 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 10.8%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 11.2% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 80.7% of revenue deployed · 90.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $79.3M in reported program spending
  • Leadership: top reported pay $310K · 19 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.8M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.