Health Care LA, IPA

Legal name: Health Care La Ipa

Nonprofit profile at a glance

EIN
954298276
IRS 990 coverage
2015–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Thousand Oaks, CA, USA
Phone
818-702-0100
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$837,058,775
Expenses
$842,182,094
Assets
$340,746,152
Liabilities
$248,905,156

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

Leadership & pay

16 people listed

Executive titles in this filing

  • ALICIA MARDINI (PRESIDENT)
  • ELOISA PERARD (VICE PRESIDENT)
  • SABRA MATOVSKY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • SABRA MATOVSKY (CHIEF EXECUTIVE OFFICER): $412,920 total reported compensation

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

Overview

Mission

Icon Our Mission To provide community-based providers in Los Angeles County with a managed, integrated healthcare delivery system to serve their communities in an organized, efficient, compassionate and financially responsible manner. Our Mission To provide community-based providers in Los Angeles County with a managed, integrated healthcare delivery system to serve their communities in an organized, efficient, compassionate and financially responsible manner. Vision Icon.

What it reported doing in 2024

Hcla operates as an independent practice association in los angeles county, comprised of 33 non-profit health centers and community clinics that provide primary care, behavioral health and dental services in low-income communities. Hcla assists the health centers with their preventive care efforts and is responsible for providing additional services to our shared patients, including:1) determining preventive care and screenings needed to identify and treat illnesses early, promoting patient health and meeting the quadruple aim of value-based care: providing patients with the right care, in the right setting, at the most affordable cost, while supporting workforce wellbeing.2) vetting, contracting and paying for specialty care for patients with more complex needs 3) providing case management for patients with chronic conditions, such as diabetes, heart disease and other chronic conditionsmore than 92% of hcla's patient population is served by the medicaid program.

Operating model

Revenue model
Earned-program. 99% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 77
  • Accountability: 95
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.8%; rating input score 90
  • Program expense ratio: 90.4%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.6%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 94; 94th percentile among comparable filings

Growth

  • Program expense growth: 12.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 89.8% of revenue deployed · 90.4% of spending went to programs
  • Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $761.1M in reported program spending
  • Leadership: top reported pay $413K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $139.8M reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.