HonorHealth

Nonprofit profile at a glance

EIN
860117301
IRS 990 coverage
2010–2014
Official website data refreshed
Jun 2026
Forms available
Form 990 2014
Location
Phoenix, AZ, USA
Phone
623-580-5800
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$591,285,332
Expenses
$561,758,899
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

39 people listed

Executive titles in this filing

  • THOMAS Sadvary (DIRECTOR/CEO, SLHN)
  • Rhonda Forsyth (DIRECTOR/PRESIDENT, SLHN)

Highest reported compensation

  • THOMAS Sadvary (DIRECTOR/CEO, SLHN): $1,483,268 total reported compensation
  • Rhonda Forsyth (DIRECTOR/PRESIDENT, SLHN): $1,255,599 total reported compensation
  • Todd LaPorte (SVP/CFO & STRATEGIC PLANNING): $771,292 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health and well-being of those we serve. As a nonprofit system, HonorHealth designates nearly $500 million annually for charitable care. Thanks to strong collaborations with local organizations who share in our mission, we invest back into the communities we serve. Our goal is to ensure high-quality healthcare is accessible to all, especially underserved populations. Together, we’re creating a healthier, brighter future for everyone. []( "Visit HonorHealth's Facebook"). HonorHealth is one of Arizona’s largest nonprofit healthcare systems, serving a population of five million people across the greater Phoenix metropolitan area and Florence, Arizona. With nine acute-care hospitals, an expansive medical group offering primary, specialty and urgent care, a comprehensive cancer care network, outpatient surgery centers, clinical research, medical education and community...

What it reported doing in 2014

Provision of healthcare and other community services to the phoenix area. See schedule o for more detail.

Operating model

Revenue model
Other-operating. 98% of the money available for current operations came from other operating 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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 51
  • Accountability: 74
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 85.2%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 67th 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: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 71.4%; rating input score 71; 23rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 5%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.6%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: -21% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 83.6% of revenue deployed · 85.2% of spending went to programs
  • Governance: 15 of 21 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $478.7M in reported program spending
  • Leadership: top reported pay $1.5M · 39 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $16.6M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 10 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 15 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: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.