The College of Physicians of Philadelphia

Nonprofit profile at a glance

EIN
231352670
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Philadelphia, PA, USA
Phone
2155633737
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$8,295,838
Expenses
$9,116,021
Assets
$67,367,145
Liabilities
$5,587,708

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

Leadership & pay

31 people listed

Executive titles in this filing

  • LARRY R KAISER MD (PRESIDENT & CEO FROM 1/14/25)
  • CAROLYN ASBURY (INTERIM CO-CEO UNTIL 1/13/25)
  • DANIEL DEMPSEY (INTERIM CO-CEO UNTIL 1/13/25)
  • SANKEY WILLIAMS (INTERIM CO-CEO FROM 11/1/2)
  • KATHLEEN M QUINN (EXECUTIVE DIRECTOR)
  • BARBARA HOGUE (VICE PRESIDENT OF DEVELOPMENT)

Highest reported compensation

  • KATHLEEN M QUINN (EXECUTIVE DIRECTOR): $208,003 total reported compensation
  • BARBARA HOGUE (VICE PRESIDENT OF DEVELOPMENT): $196,432 total reported compensation
  • MORGAN E BAIRD (CHIEF OPERATING OFFICER): $193,549 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 college of physicians of philadelphia advances the cause of health, while upholding the ideals and heritage of medicine

What it reported doing in 2024

Public health and education: george & judy wohlreich junior fellows is a summer afterschool program aimed at under resourced phila. High school students to follow career paths in healthcare and medicine. Girls one diaspora club is an after-school internship program for teen girls in phila who are from africa or were born outside the us and have an interest in healthcare or stem careers. Out4stem is an after-school internship program that aims to provide phila. Lgbtqia youth with healthcare and stem oriented instruction, mentoring and academic support. Stem internship is a (science, technology, engineering & math) and social justice program for phila high school students who have been impacted by community violence. History of vaccines.org explores the heritage, development and use of vaccines throughout history in a dynamic internet-based format.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 57.3%; rating input score 57
  • Fundraising efficiency: $3.39 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.9%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 7.39; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 57.3% of spending went to programs
  • Governance: 22 of 22 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.2M in reported program spending
  • Leadership: top reported pay $208K · 31 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $708K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • 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: Program expense ratio scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Sustainability: Operating margin scored 13/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 22/100.