Pediatric Specialists of Virginia
Legal name: Pediatric Specialists of Virginia Llc
Nonprofit profile at a glance
- EIN
- 461851763
- IRS 990 coverage
- 2014–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Fairfax, VA, US
- Phone
- (703) 876-2788
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $38,358,765
- Expenses
- $52,460,153
- Assets
- $41,512,621
- Liabilities
- $33,237,041
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- LAUREL BLAKEMORE MD (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- LAUREL BLAKEMORE MD (CHIEF EXECUTIVE OFFICER): $917,546 total reported compensation
- GEORGE GANTSOUDES END 92524 (TRUSTEE, PHYSICIAN): $749,777 total reported compensation
- LAURA ELEANOR GILL-SEALY (PHYSICIAN): $662,452 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide the best possible pediatric specialty care to the children of Northern Virginia.
What it reported doing in 2024
Psv provides medical care and related services to children who seek diagnosis, treatment, and care without regard to race, color, creed, sex, disability, national origin, sexual orientation, or poverty status. Psv's physicians and allied staff provide services in the following pediatric specialty areas: gastroenterology, orthopedics, hematology/oncology, rheumatology, psychology, neurology, urology and pulmonary medicine to all pediatric patients on a non-discriminatory basis. In addition, psv operates an outpatient surgery center and provides pediatric anesthesiology services. Psv engages in activities that educate the community with respect to areas of critical health care importance. Through its affiliation with inova and children's hospital, psv participates in health screenings, health fairs, and health education classes made available to all residents in the community, whether or not they are patients of psv. Psv's employed physicians also participate in academic and research programs. Psv physicians serve as faculty for area medical schools, participating in the medical education programs of the affiliated hospitals and instructing students. By engaging in patient care and teaching activities at the members' hospitals, psv promotes the health and well being of the communities served and fosters a dynamic and interactive learning environment for future physicians. Psv's employed physicians and allied staff also conduct medical research to advance the study and practice of medicine and to find cures for diseases. Results of the research has been made available to the general public. Psv's physicians provide services to patients at four distinct locations in northern Virginia. By providing highly-specialized pediatric physician care to all children in the large, diverse, and growing northern Virginia community, psv fulfills a valuable community need. Psv makes available to all children, including indigent children who require medical care, the services of its physicians and of its qualified health care professionals consistent with psv's policies for providing needed medical services to patients regardless of their ability to pay.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program 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.
- 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. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 87
- Accountability: 85
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: $20.59 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Missing
- 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; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 14th 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: -36.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 13%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 12.1% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 100% of revenue deployed · 88.2% of spending went to programs
- Governance: 6 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $46.3M in reported program spending
- Leadership: top reported pay $918K · 20 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 2/100.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.