Nemours New Jersey Physician Practice Pc
Nonprofit profile at a glance
- EIN
- 463160718
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Wilmington, DE, USA
- Phone
- 9046974100
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $18,517,539
- Expenses
- $17,802,270
- Assets
- $2,783,297
- Liabilities
- $1,846,597
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Meg Frizzola DO (President and Director)
- Mary Lee MD (President & Director (End Apr '23))
Highest reported compensation
- Meg Frizzola DO (President and Director): $905,092 total reported compensation
- Laura Kowal (Secretary (End Apr '20)): $901,754 total reported compensation
- William W Higginbotham II (Treasurer): $650,431 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
NJPP's mission is to provide services to restore and improve the health of children in the State of New Jersey, with one high standard of quality and regardless of the recipient's financial status.
What it reported doing in 2024
To engage in activities relating to the aforementioned purposes; and to invest in, receive, hold, use and dispose of all property real or personal, as may be necessary or desirable to carry into effect the aforementioned purposes. Specifically, NJPP is organized and shall at all times be operated exclusively to support and further the mission of its sole member, (The Nemours Foundation, EIN 59-0634433, ("Nemours"), an IRC section 501(c)(3) charitable IRC section 170(b)(1)(A)(iii) health care organization), through the provision of health care to the community.
Operating model
- Revenue model
- Other-operating. 100% 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 the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 60
- Accountability: 42
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 99.8%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd 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: 3.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 10.6% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 99.8% of spending went to programs
- Governance: 0 of 1 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17.8M in reported program spending
- Leadership: top reported pay $905K · 5 people listed · 0 of 6 pay-setting controls reported
- Consistency: 42 of 42 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Related organizations: 12 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.