WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PATIENT ACCESS NETWORK FOUNDATION, founded in 2004, is a major nonprofit that reported $203.0M in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $38.8M, a strong 19% operating margin.
AS A LEADING CHARITABLE FOUNDATION AND HEALTHCARE ADVOCACY ORGANIZATION, THE PAN FOUNDATION IS DEDICATED TO ACCELERATING ACCESS TO TREATMENT FOR THOSE WHO NEED IT MOST AND EMPOWERING PATIENTS ON THEIR HEALTHCARE JOURNEYS. WE PROVIDE CRITICAL FINANCIAL ASSISTANCE FOR TREATMENT COSTS, ADVOCATE FOR POLICY SOLUTIONS THAT EXPAND ACCESS TO CARE, AND DELIVER EDUCATION ON COMPLEX TOPICS - ALL DRIVEN BY OUR BELIEF THAT EVERYONE DESERVES ACCESS TO AFFORDABLE, EQUITABLE HEALTHCARE.
SINCE 2004, OUR FINANCIAL ASSISTANCE PROGRAMS HAVE HELPED MORE THAN 1.3 MILLION PEOPLE TO START OR STAY ON LIFE-CHANGING TREATMENT. IN ADDITION, WE'VE ACHIEVED MAJOR POLICY VICTORIES THAT INCREASE...
SINCE 2004, OUR FINANCIAL ASSISTANCE PROGRAMS HAVE HELPED MORE THAN 1.3 MILLION PEOPLE TO START OR STAY ON LIFE-CHANGING TREATMENT. IN ADDITION, WE'VE ACHIEVED MAJOR POLICY VICTORIES THAT INCREASE ACCESS TO CARE, MOBILIZED PATIENT ADVOCATES TO CALL FOR CHANGE, AND EDUCATED PEOPLE NATIONWIDE ON CRITICAL HEALTHCARE-RELATED TOPICS. WE'RE COMMITTED TO WORKING TOWARDS A FUTURE WHERE EQUITABLE HEALTH OUTCOMES ARE A REALITY FOR ALL.IN 2024, THE PAN FOUNDATION PAID OVER 400,000 CLAIMS FOR PATIENTS' OUT-OF-POCKET COSTS FOR THEIR CRITICAL MEDICATIONS. IN ADDITION, THE PAN FOUNDATION CONTINUES TO ADVOCATE FOR GREATER HEALTHCARE ACCESS AND AFFORDABILITY AND PROVIDE PUBLIC EDUCATION ON COMPLEX HEALTHCARE TOPICS. THE PAN FOUNDATION OPERATES UNDER AN ADVISORY OPINION ISSUED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, OFFICE OF THE INSPECTOR GENERAL (OIG ADVISORY OPINION 07-18)
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $203,018,273 | $374,424,371 | -0.5% |
| Expenses | $164,252,647 | $288,133,138 | -0.4% |
| Net Income | $38,765,626 | $86,291,233 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES DUNLOP | CHAIR | 3.00 |
Officer
Director
|
$16,000 | $0 | $16,000 |
| NANCY MCGEE | VICE CHAIR | 3.00 |
Officer
Director
|
$12,000 | $0 | $12,000 |
| MARY FINDLEY | SECRETARY | 3.00 |
Officer
Director
|
$12,000 | $0 | $12,000 |
| MARY BLUNT | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| JENNIFER BROWN | DIRECTOR | 3.00 |
Director
|
$4,000 | $0 | $4,000 |
| WENDY BULLINGTON | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| JOSEPH D'AVELLA | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| NICHOLAS LAROCHELLE | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| ANNA MCKEAN | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| WINFRED PARNELL | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| JON SELLMAN | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| SARAH THOMASON | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| ELIZABETH WADE | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| HOWARD WEINBERG | DIRECTOR | 3.00 |
Director
|
$12,000 | $0 | $12,000 |
| CHASE BICE | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| SCOTT SCHLENOFF | CFO & TREASURER | 40.00 |
Officer
|
$322,249 | $39,025 | $361,274 |
| KEVIN HAGAN | PRESIDENT & CEO | 40.00 |
Officer
|
$522,023 | $39,750 | $561,773 |
| AMY NILES | CHIEF MISSION OFFICER | 40.00 |
Key Emp
|
$319,173 | $21,439 | $340,612 |
| KIM BAICH | CHIEF IMPACT OFFICER | 40.00 |
Highest
|
$292,636 | $26,347 | $318,983 |
| MIA HARMON | CHIEF COMPLIANCE & PRIVACY OFFICER | 40.00 |
Highest
|
$273,723 | $27,618 | $301,341 |
| JEANINE JONES | CHIEF EXPERIENCE OFFICER | 40.00 |
Highest
|
$258,711 | $17,998 | $276,709 |
| RICHARD CITRENBAUM | VP OF OPERATIONS (THRU 2/24) | 40.00 |
Highest
|
$218,268 | $4,927 | $223,195 |
| ALAN GORDON | CHIEF TECHNOLOGY OFFICER (BEG 4/24) | 40.00 |
Highest
|
$223,805 | $11,675 | $235,480 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $203,018,273 | $164,252,647 | $471,257,493 | $38,765,626 |
| 2023 | $374,424,371 | $288,133,138 | $468,568,076 | $86,291,233 |
| 2022 | $284,201,023 | $330,787,568 | $405,191,661 | $-46,586,545 |
| 2021 | $310,279,884 | $406,772,925 | $507,970,702 | $-96,493,041 |
| 2020 | $450,697,511 | $477,094,459 | $621,060,629 | $-26,396,948 |
| 2019 | $450,920,542 | $413,026,478 | $612,088,227 | $37,894,064 |
| 2018 | $540,784,733 | $365,062,418 | $557,200,700 | $175,722,315 |
Compare PATIENT ACCESS NETWORK FOUNDATION with other nonprofits in District of Columbia and across the country.