Tja Orthopedic Surgery Pc

Nonprofit profile at a glance

EIN
815178969
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
New York, NY, USA
Phone
2126061000
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Support Services

Reported finances

Revenue
$14,816,755
Expenses
$20,601,755
Assets
$0
Liabilities
$29,266,058

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

Leadership & pay

8 people listed

Executive titles in this filing

  • BRYAN T KELLY (DIRECTOR, PRESIDENT, TREASURER)
  • Todd J Albert-Thru 2019 (FMR DIRECTOR, PRESIDENT, TREAS)

Highest reported compensation

  • BRYAN T KELLY (DIRECTOR, PRESIDENT, TREASURER): $5,329,588 total reported compensation
  • SAMUEL TAYLOR (ATTENDING PHYSICIAN): $1,883,256 total reported compensation
  • STEVEN J MCANANY (ATTENDING PHYSICIAN): $1,427,206 total reported compensation

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

Overview

Mission

To engage in the profession of medicine and to operate exclusively for charitable purposes in affiliation with hospital for special surgery ("hss").

What it reported doing in 2024

TJA Orthopedic Surgery, P.C. ("TJA") has been formed to engage in the profession of medicine and to operate exclusively for charitable purposes in affiliation with Hospital for Special Surgery ("HSS"). TJA provides physician services to the public through employed and contracting physicians affiliated with HSS. TJA is a participant in a comprehensive collaboration between Stamford Hospital, a tax exempt hospital located in Stamford, Connecticut, and HSS, to create an orthopedic center of excellence. TJA provides the services of its physicians to patients at Stamford inpatient and outpatient facilities that are part of the collaboration.

Operating model

Revenue model
Earned-program. 100% 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.

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 voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 60
  • Accountability: 32
  • Sustainability: 2
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.3%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: -39%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 18.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 20.5% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 22.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 97.3% of spending went to programs
  • Governance: 0 of 1 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $20M in reported program spending
  • Leadership: top reported pay $5.3M · 8 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $522K reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 11 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 — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.