THE ALEXANDRIA HOSPITAL FOUNDATION

EIN: 510241913 501(c)(3)

FALLS CHURCH, VA

Total Revenue
$1,897,295
Total Expenses
$411,443
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
VA
Principal Officer
SAGE BOLTE
Phone
7032892433
Tax Period
2019-01-01 to 2019-12-31

THE ALEXANDRIA HOSPITAL FOUNDATION, founded in 1978, is a small nonprofit that reported $829K in total revenue in fiscal year 2018. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 34% operating deficit.

Mission

FUNDRAISING IN SUPPORT OF INOVA ALEXANDRIA HOSPITAL

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $320,901
Program Service Revenue $0
Investment Income $1,576,394
Other Revenue $0
TOTAL REVENUE $1,897,295

Expense Breakdown

Grants Paid $411,443
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $411,443
Other Expenses $0
TOTAL EXPENSES $411,443

Year-over-Year Comparison

2019 2018 Change
Revenue $1,897,295 $828,911 +1.3%
Expenses $411,443 $1,108,543 -0.6%
Net Income $1,485,852 $-279,632 -6.3%
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

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Governance

Voting Members
26
Independent Members
22
Employees
N/A
Volunteers
22

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
10
$6,025,347
Total Directors
26
$2,046,712
Key Employees
1
$250,398
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY HIRSCH SECRETARY 3.00
Officer Director
$0 $0 $0
SEEMA NAWAZ TREASURER 3.00
Officer Director
$0 $0 $0
RICHARD MAGENHEIMER CFO, ENDING 6/4/19 1.00
Officer
$0 $60,949 $2,517,437
BARBARA BECKER TRUSTEE 3.00
Director
$0 $0 $0
LEE DUNN TRUSTEE 3.00
Director
$0 $0 $0
JOE HADEED TRUSTEE 3.00
Director
$0 $0 $0
KEITH STERLING MD TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER LINDSAY TRUSTEE 3.00
Director
$0 $0 $0
MITCHELL HAILEY TRUSTEE 3.00
Director
$0 $0 $0
VAL P HAWKINS TRUSTEE 3.00
Director
$0 $0 $0
DONNAN WINTERMUTE VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
ELIZABETH H MICKLEM TRUSTEE 3.00
Director
$0 $0 $0
JENNIE MCGIHON TRUSTEE 3.00
Director
$0 $0 $0
DEAN SHAW TRUSTEE 3.00
Director
$0 $0 $0
DONALD SIMPSON JR CHAIRMAN 3.00
Officer Director
$0 $0 $0
JEFFREY VEATCH TRUSTEE 3.00
Director
$0 $0 $0
JOHN KLING DDS TRUSTEE 3.00
Director
$0 $0 $0
STEVE PETERSON TRUSTEE 3.00
Director
$0 $0 $0
STEVE SHAW TRUSTEE 3.00
Director
$0 $0 $0
LAUREN STACK TRUSTEE 3.00
Director
$0 $0 $0
JEFFREY COSTER DPM TRUSTEE 3.00
Director
$0 $0 $0
MELISSA SIGLER TRUSTEE 3.00
Director
$0 $0 $0
WILLIAM RYDELL TRUSTEE 3.00
Director
$0 $0 $0
JOHN GAUL ASST SECRETARY,SVP GENERAL COUNSEL 2.00
Officer
$0 $182,985 $1,385,555
RINA BANSAL PRESIDENT IAH AND TRUSTEE 0.00
Officer Director
$0 $85,371 $650,453
ALICE POPE CFO, BEGINNING 6/4/19 1.00
Officer
$0 $21,441 $642,543
ANTHONY COMEROTA TRUSTEE, PHYSICIAN 0.00
Director
$0 $76,410 $566,900
RICARDO TALENTO VP IHS AA FINANCE FORMER 0.00
$0 $57,711 $545,976
SAGE BOLTE PRESIDENT, VP IHS FOUNDATION 5.00
Officer Director
$0 $73,224 $518,182
CANDICE CHRISTOPHER ASST TREASURER 0.00
Officer Director
$0 $51,863 $311,177
CHRISTOPHER SMITH AVP ASSOC ADMIN CFO 0.00
Key Emp
$0 $28,429 $250,398
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
2019 $1,897,295 $411,443 No data $1,485,852
2018 $828,911 $1,108,543 $14,783,309 $-279,632
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