Kaiser Permanente Bernard J Tyson School of Medicine Inc

Nonprofit profile at a glance

EIN
814053028
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Oakland, CA, USA
Phone
5102716611
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Graduate, Professional Schools (Separate Entities)

Official website

Reported finances

Revenue
$115,416,686
Expenses
$106,334,559
Assets
$115,095,275
Liabilities
$51,196,417

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

Leadership & pay

32 people listed

Executive titles in this filing

  • Mark Schuster (Dean & CEO, School of Medicine)
  • John Dalrymple (Dean & CEO - KPSOM)

Highest reported compensation

  • Vanessa Benavides (EVP,Chief Legal Officer & Secy): $2,623,191 total reported compensation
  • Andrew Bindman (EVP, Chief Medical Officer): $2,594,208 total reported compensation
  • Mark Schuster (Dean & CEO, School of Medicine): $2,593,698 total reported compensation

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

Overview

Mission

Provide a world-class medical education that ignites a passion for learning, desire to serve & commitment to improve the health & well-being of patients & communities.

What it reported doing in 2024

OPERATION OF A MEDICAL SCHOOL IN SOUTHERN CALIFORNIA INCORPORATING ADVANCED HEALTH INFORMATION TECHNOLOGY, ACKNOWLEDGING THE IMPORTANCE OF COLLABORATION TO DELIVER HEALTH EQUITY. THE SCHOOL OF MEDICINE HAS WAIVED TUITION FOR THE ENTERING CLASSES OF 2020-2025 (I.E. FIRST 6 CLASSES). THE TUITION WAIVER APPLIES TO EACH CLASS FOR THEIR FOUR YEARS OF ENROLLMENT. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE TOTAL AMOUNT OF TUITION WAIVED WAS APPROXIMATELY $11.3 MILLION AND $9.0 MILLION, RESPECTIVELY. The Kaiser Permanente Bernard J. Tyson School of Medicine demonstrated its continued commitment to its mission, vision, and values by admitting a diverse group of students to its fifth cohort (47% underrepresented/under-included in medicine, 16% socioeconomic disadvantaged, 31% nontraditional, 16% first-generation). The school waives tuition and fees for all four years of enrollment for its first six cohorts and continues to provide substantial institutional grant aid to offset living expenses (e.g., room and board, transportation).

Operating model

Revenue model
Affiliate-supported. 96% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 92% 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 the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 63
  • Accountability: 90
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.3%; rating input score 81
  • Program expense ratio: 87.9%; rating input score 88
  • Fundraising efficiency: Limited

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: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 82.4%; rating input score 82; 30th 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: 7.9%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 20.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 18.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 18.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 81.3% of revenue deployed · 87.9% of spending went to programs
  • Governance: 14 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $93.5M in reported program spending
  • Leadership: top reported pay $2.6M · 32 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $20.1M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 81 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.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.