Tufts Medicine

Nonprofit profile at a glance

EIN
871600172
IRS 990 coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Burlington, MA, US
Phone
7813563336
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health, General and Financing

Official website

Reported finances

Revenue
$68,967,834
Expenses
$65,379,975
Assets
$186,863,023
Liabilities
$107,619,194

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

Leadership & pay

22 people listed

Executive titles in this filing

  • EMILY YOUNG (PRESIDENT/TRUSTEE)

Highest reported compensation

  • PHIL OKALA (DIRECTOR (UNTIL 7/25)): $1,816,696 total reported compensation
  • ANDREW DEVOE (DIRECTOR (AS OF 7/25)): $1,148,895 total reported compensation
  • ZACHARY REDMOND (SECRETARY): $693,637 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 bring together private practice and employed physicians, community-based and academic care providers, and primary care and medical and surgical specialists to improve care and reduce costs for defined populations.

What it reported doing in 2024

Participating in the center for medicare and medicaid services ("cms") aco programs.implementing healthcare programs designed to promote quality improvements and cost savings and thereby lessening the government's burden associated with providing medicare benefits.establishing an integrated healthcare delivery system that improves the quality of medical, surgical, behavioral and other related health care services provided to patients through fostering such initiatives as clinical integration among primary care physicians and specialists and among community and academic physicians and hospitals, implementing coordinated electronic health record systems, developing best-practice-based protocols, and providing wellness care and other techniques and systems.improving the provision of medical and health care to patients through the creation of a data base of medical records, public health information and population demographics.developing financial incentives through payer contracting to improve the quality, efficiency and effectiveness of care and to enhance health care outcomes for the populations served by the physicians and hospitals associated with the corporation.

Operating model

Revenue model
Earned-program. 96% 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 - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 67
  • Accountability: 71
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.3%; rating input score 59
  • Program expense ratio: 64.7%; rating input score 65
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100

Accountability

  • Independent voting board: 50%; rating input score 50; 13th 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: 5.2%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 2.86; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 3.9%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 56.1% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 57.4% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 52.7% per year; rating input score 100; 99th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 59.3% of revenue deployed · 64.7% of spending went to programs
  • Governance: 5 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $42.3M in reported program spending
  • Leadership: top reported pay $1.8M · 22 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $31.4M reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 61 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.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.