The Virginia Hospital Center Foundation

Nonprofit profile at a glance

EIN
204129901
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2020
Location
Arlington, VA, USA
Phone
7035585562
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Single Organization Support

Reported finances

Revenue
$1,475,826
Expenses
$2,938,353
Assets
$12,313,482
Liabilities
$18,118,372

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

Leadership & pay

26 people listed

Executive titles in this filing

  • Adrian Stanton (Interim President (Beg Dec 2024) / VHC VP, Real Estate Development)
  • Anthony Burchard (President (through Dec 2024))
  • Christopher Lane (Board Member/VHC President & CEO)

Highest reported compensation

  • Christopher Lane (Board Member/VHC President & CEO): $1,327,081 total reported compensation
  • John Zabrowski (Secretary/Treasurer/VHC CFO): $795,229 total reported compensation
  • Brian Stone MD (Board Member / Chief Medical Officer): $740,101 total reported compensation

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

Overview

Mission

Virginia hospital center foundation is the philanthropic arm of Virginia hospital center. Virginia hospital center foundation inspires charitable giving to support the tax-exempt purpose of Virginia hospital center.

What it reported doing in 2024

Vhc health foundation, the fundraising arm of vhc health, inspires charitable giving to support the tax-exempt purpose of vhc health. Funds raised by the foundation support various vhc health entities that serve underserved communities. The foundation provides vital support to the vhc health outpatient clinic, a crucial resource for uninsured and under-insured adult patients. Funds raised to support the clinic provided prescription assistance, nutritional insecurity, transportation, and case management in 2024. The foundation has continuously supported transformation of care at vhc health. In 2024, over $134,662 was allocated to support continued growth of our integrated women's health center, a forward thinking initiative designed to provide seamless delivery of care specifically to the needs of women over the course of their lifetime. The foundation supports professional development of clinical staff and healthcare professionals through the friends of nursing program and the friends of healthcare program by allowing vhc to distribute scholarships, awards, and training. These play a vital role in achieving magnet-recognized status.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 69
  • Accountability: 80
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.3%; rating input score 91
  • Fundraising efficiency: $7.1 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • 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: 81%; rating input score 81; 18th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -99.1%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 4.19; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 1.47; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 51.3%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.3% of spending went to programs
  • Governance: 17 of 21 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $1.3M · 26 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $122K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.