FUND FOR PUBLIC HEALTH IN NEW YORK INC

EIN: 050539199 501(c)(3) Diseases & Disorders

NEW YORK, NY

Total Revenue
$96,375,426
Total Expenses
$109,023,681
Total Assets
$77,814,187
Net Assets
$31,374,516
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
SARA GARDNER MPH
Phone
6467104860
Tax Period
2023-10-01 to 2024-09-30

FUND FOR PUBLIC HEALTH IN NEW YORK INC, founded in 2002, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $96.4M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $109.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE FUND FOR PUBLIC HEALTH IN NYC IS DEDICATED TO THE WELL-BEING OF ALL NYC RESIDENTS, IMPLEMENTING PROGRAMS IN COLLABORATION WITH THE NYC HEALTH DEPARTMENT, LEVERAGING ITS EXPERTISE IN FUNDRAISING, PUBLIC/PRIVATE PARTNERSHIPS, AND AGILE OPERATIONS TO HELP THE NYC HEALTH DEPARTMENT DO MORE, MORE QUICKLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,521,008
Program Service Revenue $0
Investment Income $447,097
Other Revenue $407,321
TOTAL REVENUE $96,375,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,795,179
Fundraising Expenses $331,102
Program Expenses $99,298,432
Other Expenses $63,228,502
TOTAL EXPENSES $109,023,681

Year-over-Year Comparison

2023 2022 Change
Revenue $96,375,426 $123,865,720 -0.2%
Expenses $109,023,681 $123,275,514 -0.1%
Net Income $-12,648,255 $590,206 -22.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
507
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$240,787
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHWIN VASAN MD PHD BOARD PRESIDENT AND CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS STERN HYMAN JD VICE CHAIR 1.00
Officer Director
$0 $0 $0
AMIT BANSAL MBA TREASURER 1.00
Officer Director
$0 $0 $0
MELYNDA BARNES MD BOARD MEMBER 1.00
Director
$0 $0 $0
CARA BERKOWITZ JD SECRETARY 1.00
Officer Director
$0 $0 $0
BUNNY ELLERIN MBA BOARD MEMBER 1.00
Director
$0 $0 $0
BRENTON FARGNOLI MD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL GARGANO JD BOARD MEMBER 1.00
Director
$0 $0 $0
JUNGWON KIM BOARD MEMBER 1.00
Director
$0 $0 $0
TOYA WILLIFORD BOARD MEMBER 1.00
Director
$0 $0 $0
AARON ANDERSON EX-OFFICIO 1.00
Director
$0 $0 $0
SARA W GARDNER CHIEF EXECUTIVE OFFICER 35.00
Officer
$222,685 $18,102 $240,787
REBECCA ADESKAVITZ CHIEF OPERATION OFFICER 35.00
Highest
$178,200 $11,558 $189,758
PATRICIA PRICE CHIEF PEOPLE OFFICER 35.00
Highest
$177,506 $34,016 $211,522
WILLIAM GREENDYKE INFECTION PREV. & CONTROL MEDICAL EPIDEMIOL. 35.00
Highest
$167,983 $21,353 $189,336
HYE WON LEE CHIEF PROGRAM OFFICER 35.00
Highest
$167,187 $31,988 $199,175
KIT VOIT MEDICAL EPIDEMIOLOGIST 35.00
Highest
$156,745 $24,763 $181,508
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $96,375,426 $109,023,681 $77,814,187 $-12,648,255
2023 $123,865,720 $123,275,514 $100,911,569 $590,206
2022 $141,435,105 $139,847,181 $94,594,206 $1,587,924
2021 $72,117,813 $67,313,410 $56,819,635 $4,804,403
2020 $34,021,949 $36,579,056 $43,058,432 $-2,557,107
2019 $42,609,855 $40,797,174 $45,129,428 $1,812,681
2018 $61,451,826 $48,491,290 $44,265,041 $12,960,536
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