Hoag Hospital Foundation
Nonprofit profile at a glance
- EIN
- 953222343
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Jun 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Newport Beach, CA, USA
- Phone
- 949.764.7217
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Christianity
Reported finances
- Revenue
- $157,937,802
- Expenses
- $51,652,434
- Assets
- $749,188,183
- Liabilities
- $18,632,738
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- ROBERT BRAITHWAITE (CEO, HOAG HOSPITAL)
- CAROLINE PEREIRA (FOUNDATION PRESIDENT)
- FLYNN ANDRIZZI (PRESIDENT FOUNDATION)
Highest reported compensation
- ROBERT BRAITHWAITE (CEO, HOAG HOSPITAL): $3,921,506 total reported compensation
- FLYNN ANDRIZZI (PRESIDENT FOUNDATION): $1,070,756 total reported compensation
- GEOFFREY M MCCLOSKEY (VP SR FINANCE & OPERATIONS): $698,020 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
And vision are what guide us, keeping us true to course Mission Advancing the mission of Hoag through meaningful and inspirational philanthropic partnerships. & Vision SCROLL DOWN) Our mission and vision are what guide us, keeping us true to course. Advancing the mission of Hoag through meaningful and inspirational philanthropic partnerships. Vision Hoag** Hospital Foundation is a recognized industry leader and trusted philanthropic partner, playing an integral role in Hoag’s success.
What it reported doing in 2024
Provide support to hoag memorial hospital presbyterian for expansion, equipment, programs, nursing scholarships and various operating expenses.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - Most voting board members are independent and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 60
- Accountability: 98
- Sustainability: 94
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.4%; rating input score 28
- Program expense ratio: 56.8%; rating input score 57
- Fundraising efficiency: $7.92 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 54th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.7%; rating input score 96; 49th 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: 67.3%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 14.5; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 93; 93rd percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 80; 80th percentile among comparable filings
Growth
- Program expense growth: 7.9% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 28.4% of revenue deployed · 56.8% of spending went to programs
- Governance: 22 of 23 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $29.3M in reported program spending
- Leadership: top reported pay $3.9M · 31 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $176K reported
- Consistency: 38 of 38 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 18 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 28/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.