Whitman-walker Health System Inc

Nonprofit profile at a glance

EIN
823842638
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Washington, DC, USA
Phone
2027457000
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$17,281,441
Expenses
$15,373,756
Assets
$34,450,823
Liabilities
$40,381,433

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

Leadership & pay

19 people listed

Executive titles in this filing

  • CINDY LEWIN (INTERIM CEO (THRU 03/18/2024))
  • HEATHER AARON (CHIEF EXECUTIVE OFFICER (AS OF 03/2024))

Highest reported compensation

  • JENNIFER MAHER (CHIEF FINANCIAL OFFICER): $299,408 total reported compensation
  • KATHERINE WATSON (GENERAL COUNSEL): $280,984 total reported compensation
  • CHRISTOPHER HOLLEMAN (FINANCIAL SENIOR DIRECTOR): $271,196 total reported compensation

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

Overview

Mission

Wwhs provides support to, operates for the benefit of, performs certain functions on behalf of, and carries out the purposes of its supported organizations: whitman-walker real property holding co, whitman-walker institute, and whitman walker foundation. Wwhs provides services to and manages funds and other assets for its supported organizations, and oversees strategic initiatives and coordinates efforts among the supported organizations to address critical system-wide issues and to manage enterprise risk and liabilities among the supported organizations.

What it reported doing in 2024

Wwhs provided support for strategic initiatives and coordinated efforts to address system-wide issues and manage enterprise assets, liabilities, and risk management among the supported organizations.

Operating model

Revenue model
Grant-funded. 90% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • 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: 100%; rating input score 100; 66th 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: 11%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 92.8% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 62% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 41.5% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 100% of spending went to programs
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.4M in reported program spending
  • Leadership: top reported pay $299K · 19 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $433K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 5 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 — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 55/100.