Usc Arcadia Hospital Foundation

Nonprofit profile at a glance

EIN
953407027
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Arcadia, CA, USA
Phone
6268988000
Rating
72
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Single Organization Support

Official website

Reported finances

Revenue
$5,242,638
Expenses
$4,274,281
Assets
$29,390,867
Liabilities
$258,941

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

Leadership & pay

35 people listed

Executive titles in this filing

  • IKENNA MMEJE (HOSPITAL PRESIDENT)
  • DAN AUSMAN (FORMER HOSPITAL PRESIDENT)
  • MICHAEL DRIEBE (PRESIDENT (UNTIL 3/22/24))
  • SANDRA CHEN LAU (PRESIDENT)

Highest reported compensation

  • IKENNA MMEJE (HOSPITAL PRESIDENT): $1,275,049 total reported compensation
  • DAN AUSMAN (FORMER HOSPITAL PRESIDENT): $909,749 total reported compensation
  • WILLIAM GRIGG (SEE SCHEDULE O FOR TITLE): $535,885 total reported compensation

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

Overview

Mission

See schedule o

What it reported doing in 2024

Program services: in addition to providing support for general hospital services, the foundation also supported the following specific programs of hospital. Next generation care - a new patient tower was completed in 2011 that housed advanced medical technology and information systems to provide exceptional care in a healing environment. The new tower features the hollfelder emergency care center which expands life saving services, increases the number of patient beds and additional critical care beds, plus specialty areas for cardiology, cancer and orthopedics. Cardiac care - usc arcadia hospital is committed to always being that place - one that is capable of helping patients in a crisis whether it is a cardiac arrest, heart attack, heart failure or long term rehabilitation care after cardiac surgery. Its excellence in comprehensive cardiac services includes: (1) as a specially designated stemi receiving center, paramedics bypass other hospitals and bring patients who are experiencing a life threatening stemi-type heart attack (where the coronary artery is completely blocked by a blood clot) to usc arcadia hospital; (2) the chest pain team stands ready 24 hours a day, seven days a week, to open blocked arteries in one of three cath labs in less than 90 minutes, the gold standard in cardiac care; (3) it is among the few heart centers where top electrophysiologists are regularly mapping the heart and using ultrasound or radio waves to correct dangerous arrhythmias without drugs; (4) in the cardiac rehabilitation department, staff certified in american heart association (aha) advanced cardiac life support offer education and exercise therapy whose goal is to help cardiac patients recover quickly and return to work or an active retirement; (5)los angeles country's emergency medical services agency recognizes that the team provides some of the best cardiac care in los angeles country; (6) among other awards, usc arcadia hospital's cardiology services where recently recognized with a gold performance achievement award from aha for our high-quality care of congestive heart failure patients. Stroke care center - usc arcadia hospital is approved by the joint commission as an advanced primary stroke center and is certified by the county of los angeles as an approved stroke center - one of only 18 approved stroke centers in los angeles county and one of only two such facilities in the san gabriel valley. When it comes to effective treatment, where patients go for help is critically important. Usc arcadia hospital meets all the key criteria with: (1) specially trained physicians, nurses and technicians who ready to spring into action whenever a stroke patient arrives; (2) a place that delivers care fast - meeting or exceeding national recommendations to rapidly assess stroke victims and start treatment within 60 minutes of arrival in the emergency department; (3) the equipment and technology to stop stroke in its tracks and minimize damage; (4) hospital with a plan of action that works hard to care for the unique needs of every stroke patient. The goal is to ensure that patients never have to experience another stroke. Emergency department - usc arcadia hospital is one of the two largest emergency departments in the west san gabriel valley. Each year, care is provided for approximately 53,809 patients who come, through emergency department. The emergency department has physicians of all specialties on call 24 hours per day, seven days per week, including cardiologist, orthopedic, plastic, hand, neuro and vascular surgeons - specialists that may not be available at other hospitals. Rehabilitation center - a new acute rehabilitation unit was completed in 2016. With its expansion and improvement, usc arcadia hospital can help more patients recovering from strokes, brain injuries, orthopedic and other conditions.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • 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. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 79
  • Accountability: 86
  • Sustainability: 76
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.2%; rating input score 67
  • Program expense ratio: 65.4%; rating input score 65
  • Fundraising efficiency: $4.34 raised per $1 spent on fundraising; rating input score 14; 14th 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: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.3%; rating input score 91; 22nd 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: 18.5%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 6.88; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: -5.1% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 67.2% of revenue deployed · 65.4% of spending went to programs
  • Governance: 21 of 23 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.8M in reported program spending
  • Leadership: top reported pay $1.3M · 35 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 32 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 — Financial Efficiency: Fundraising efficiency scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.