Patient Advocate Foundation

Legal name: Patient Access Network Foundation

Nonprofit profile at a glance

EIN
201184743
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2023479272
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$230,809,794
Expenses
$119,106,519
Assets
$533,519,778
Liabilities
$4,635,984

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • KEVIN HAGAN (PRESIDENT & CEO)

Highest reported compensation

  • KEVIN HAGAN (PRESIDENT & CEO): $566,268 total reported compensation
  • ALAN KLEIN (CHIEF GROWTH AND STRATEGY OFFICER): $409,031 total reported compensation
  • SCOTT SCHLENOFF (CFO & TREASURER): $354,449 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

PAN Foundation’s mission is to accelerate access to affordable, equitable healthcare by providing financial assistance, advocacy, and education—removing barriers to treatment and improving health outcomes for people across a broad range of conditions. About the PAN Foundation and our mission About the PAN Foundation As a leading charitable foundation and healthcare advocacy organization, the Patient Access Network Foundation is dedicated to accelerating access to treatment for those who need it most and empowering patients on their healthcare journeys. We provide critical financial assistance for treatment costs, advocate for policy solutions that expand access to care, and deliver education on complex topics—all driven by our belief that everyone deserves access to affordable, equitable healthcare.

What it reported doing in 2025

At the pan foundation, we envision a nation in which everyone can get access to the treatment they need. With the support of our generous donors and in collaboration with healthcare providers and pharmacies throughout the u.s., pan covers the premiums, deductibles, co-payments and coinsurance for thousands of underinsured patients. As a result, these patients are able to obtain the treatments they need to best manage their conditions and improve their quality of life. In 2025, the pan foundation provided 106,340 patients with financial assistance for their out-of-pocket costs for their critical medications. In addition, the pan foundation continues to advocate for greater healthcare access, equity, and affordability and deliver comprehensive education to patients on how to navigate, access, and afford care. The pan foundation operates under an advisory opinion issued by the u.s. Department of health and human services, office of the inspector general (oig advisory opinion 07-18)

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 91
  • Accountability: 100
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.9%; rating input score 48
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: $111.39 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th 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: 48.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 4.48; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -8.6% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 5th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 35th 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: 47.9% of revenue deployed · 86.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $103.1M in reported program spending
  • Leadership: top reported pay $566K · 25 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.