Passavant Hospital Foundation
Nonprofit profile at a glance
- EIN
- 251407815
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Pittsburgh, PA, USA
- Phone
- 4127486640
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $7,939,647
- Expenses
- $2,697,786
- Assets
- $57,097,791
- Liabilities
- $2,383,335
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ANTHONY R SAVANNAH (PRESIDENT)
Highest reported compensation
- ANTHONY R SAVANNAH (PRESIDENT): $163,231 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of passavant hospital foundation is to support upmc passavant, a state nonprofit federally tax-exempt tertiary care hospital, by advancing health and wellness through education, outreach, and grantmaking.
What it reported doing in 2024
Outreach programs included 55 free presentations reaching more than 4,100 attendees. Educating the community at large, these sessions are intended to improve our community's health with topics such, lung cancer, diabetes, robotic surgeries in various topics, heart health and colon cancer awareness. Several symposiums took place discussing domestic violence and another one on ethics, disability and healthcare symposium and offered continuing education credits for health professionals, social workers and lawyers. Nearly 300 cancer survivors and their families were able to enjoy a survivorship event together. Bridge to hope, which provides weekly support meetings for families with a loved one suffering from addiction, had a total attendance of 500 over twelve months. Beyond bridge to hope, a support group for people who have lost a loved one to addiction, had a total attendance of 40.
Operating model
- Revenue model
- Investment-supported. 62% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 73
- Accountability: 95
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 74.9%; rating input score 75
- Fundraising efficiency: $2.99 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 24th 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: Limited
- Grant itemization coverage: 97.7%; rating input score 98; 33rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 23rd percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 66%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 21.16; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 74.9% of spending went to programs
- Governance: 12 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $163K · 14 people listed · 1 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 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: Fundraising efficiency scored 8/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.