Physicians Medical Forum

Nonprofit profile at a glance

EIN
300086728
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Oakland, CA, USA
Phone
5105625560
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ambulatory Health Center, Community Clinic

Reported finances

Revenue
$86,060
Expenses
$184,179
Assets
$274,527
Liabilities
$647

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Stalfana Bello Broadhead MPA (Executive Director)
  • Albert L Brooks MD (President)
  • Kathryn Malone MD (Vice-President)

People named in this filing

  • Stalfana Bello Broadhead MPA (Executive Director)
  • Albert L Brooks MD (President)
  • Kathryn Malone MD (Vice-President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To promote and inspire education, training and resource development that support physician recruitment and retention; to encourage individuals from diverse and social backgrounds to pursue careers in medicine; and to provide the infrastructure and support needed for their success, with the goal of reducing health disparities and improving healthcare equity and medical care throughout Northern California and the Bay Area.

What it reported doing in 2024

The Physicians Medical Forum (PMF) Doctors on Board Program (DOB) and Initiatives encourages and supports students who aspire to become doctors. The pipline of students are high school, college/university, community college and post baccalaureate students who want to become physicians. The program provides studens with mentoring and networking opportunities. Students also receive information on taking SAT/ACT exams, MCAT prep medical school applications financial aid, internships, mock primary & surgery clinics, workshops on writing personal statements, interviewing and skill building sessions. High School students also network and are mentored by medical students, residents, physicians, educator and community mentors. PMF also provides scholarships, stipends and other access to finacial resources, networks and mentoring to medical students and residents. Additionally, PMF engages in programs and initiatives with physicians and educators on health policy and community wellness.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 94% 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. The filing does not identify recipients for some grant dollars and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 74
  • Accountability: 94
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 64.5%; rating input score 65
  • Fundraising efficiency: $2.06 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 18th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 41.4%; rating input score 41; 43rd 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; 64th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: Fail

Sustainability

  • Operating margin: -114%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -5.4% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -5% per year; rating input score 0; 43rd percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 64.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 7 filing controls reported
  • Programs: 6 filed program accomplishments · $119K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Transparency & Controls: Grant itemization coverage scored 41/100.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.