Peninsula Healthcare Connection Inc

Nonprofit profile at a glance

EIN
202886131
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-N 2009
Location
Palo Alto, CA, USA
Phone
6508530321
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$6,390,696
Expenses
$6,803,021
Assets
$3,349,962
Liabilities
$426,333

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

Leadership & pay

16 people listed

Executive titles in this filing

  • EILEEN RICHARDSON (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • EILEEN RICHARDSON (CHIEF EXECUTIVE OFFICER): $307,830 total reported compensation
  • ELFREDA STRYDOM (CHIEF OPERATING OFFICER): $271,775 total reported compensation
  • HEATHER BODDIE-RUSSO LCSW (PROGRAM DIRECTOR): $187,022 total reported compensation

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

Overview

Mission

Peninsula healthcare connection (phc), a palo alto based 501(c)(3) nonprofit organization, was founded in 2005 as a collaborative venture between the community working group, palo alto medical foundation, and stanford university school of medicine. Formerly known as opportunity health partners, phc opened its medical clinic in 2006 at the opportunity center in palo alto to provide affordable healthcare to underserved and at-risk men and women, particularly individuals experiencing homelessness. In 2011, phc became a California state licensed clinic, and in 2019 was officially designated as a federally qualified health center lookalike (fqhc-lal). In 2013, phc partnered with new directions, an intensive case management program previously operated under the hospital council of northern and central California, to provide community-based, wraparound services to individuals with complex medical and psychosocial needs.

What it reported doing in 2024

Clinical services -clinical services are staffed by licensed medical physicians who volunteer their time offering free primary, preventative, and behavioral healthcare to homeless adults or low-income residents within santa clara county and south san mateo county. Phc also provides for those with medi-cal and medicare coverage.phc's clinical services offer the following:- treatment for common primary care and non-emergent medical conditions- psychiatric service available for behavioral conditions- substance use treatment including medication assisted treatment- community outreach, including but not limited to health education, harm reduction resources, and basic needs distribution- tb tests, flu shots (seasonal), and adult immunizations- gynecology services, including pap and pregnancy testing

Operating model

Revenue model
Grant-funded. 74% of the money available for current operations came from government grants.
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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.9%; rating input score 76
  • Program expense ratio: 71.3%; rating input score 71
  • Fundraising efficiency: $15.51 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 21st 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: -6.5%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 19.1%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 15.6% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 24.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 75.9% of revenue deployed · 71.3% of spending went to programs
  • Governance: 10 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $4.9M in reported program spending
  • Leadership: top reported pay $308K · 16 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.