PATIENT ADVOCATE FOUNDATION (EIN 541806317) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

DR ALAN J BALCH

Phone

8005325274

Tax Period

2024-07-01 to 2025-06-30

PATIENT ADVOCATE FOUNDATION, founded in 1996, is a major nonprofit in the Education sector that reported $244.4M in total revenue in fiscal year 2018. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

PATIENT ADVOCATE FOUNDATION (PAF) IS A NATIONAL 501 (C)(3) NON-PROFIT ORGANIZATION THAT PROVIDES PROFESSIONAL CASE MANAGEMENT AND FINANCIAL AID ASSISTANCE TO AMERICANS WITH CHRONIC, LIFE THREATENING AND DEBILITATING ILLNESSES. PAF CASE MANAGERS SERVE AS ACTIVE LIAISONS BETWEEN THE PATIENT AND THEIR INSURER, EMPLOYER AND/OR CREDITORS TO RESOLVE INSURANCE, JOB RETENTION AND/OR DEBT CRISIS MATTERS AS THEY RELATE TO THEIR DIAGNOSIS. PATIENT ADVOCATE FOUNDATION SEEKS TO SAFEGUARD PATIENTS THROUGH EFFECTIVE MEDIATION ASSURING ACCESS TO CARE, MAINTENANCE OF EMPLOYMENT AND PRESERVATION OF THEIR FINANCIAL STABILITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $117,451,302

Program Service Revenue $7,426,500

Investment Income $9,006,214

Other Revenue $-110,076

TOTAL REVENUE $133,773,940

Expense Breakdown

Grants Paid $176,246,851

Salaries & Benefits $20,498,702

Fundraising Expenses $1,567,158

Program Expenses $201,871,258

Other Expenses $9,099,512

TOTAL EXPENSES $205,845,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$133,773,940	$243,478,172	-0.5%
Expenses	$205,845,065	$274,207,632	-0.2%
Net Income	$-72,071,125	$-30,729,460	+1.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

280

Volunteers

N/A

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

$1,092,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN L MURPHY	FINANCE COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
AL BENSON III MD FACP	BOARD MEMBER	1.00	Director	$0	$0	$0
NORMAN HUBBARD MBA	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID M JACKMAN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON LYSS MBA	BOARD MEMBER	1.00	Director	$0	$0	$0
OTIS MAYNARD ESQ	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
LORETTA A WILLIAMS PHDAPRNMSNBSN	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRI SHORT JD	BOARD MEMBER	1.00	Director	$0	$0	$0
MAUREEN CULBERTSON	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT WINN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL PRESS PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
VEENA SHANKARAN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID WHITE	BOARD MEMBER	1.00	Director	$0	$0	$0
REGINALD TUCKER-SEELEY MA SCM SCD	BOARD VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ALAN J BALCH PHD	CHIEF EXECUTIVE OFFICER	20.00	Officer	$349,031	$15,284	$489,315
FRANCES CASTELLOW	PRESIDENT OF OPERATIONS	40.00	Officer	$289,084	$11,817	$300,901
WILLIAM J NASON	CHIEF FINANCIAL OFFICER	40.00	Officer	$272,303	$30,477	$302,780
ANGELA M WALKER	CHIEF OF TALENT MANAGEMENT	40.00	Highest	$242,183	$11,234	$253,417
CHRISTINE WILSON	VP ADVOCACY COMMUNICATIONS	40.00	Highest	$195,296	$8,862	$204,158
ALAN WOOD	EVP BUSINESS DEVELOPMENT	40.00	Highest	$193,283	$9,167	$202,450
SHONTA CHAMBERS	EVP OF HEALTH EQUITY INITI	40.00	Highest	$193,226	$20,499	$213,725
SHARON HOLLENBECK	CHIEF INFORMATION OFFICER	40.00	Highest	$207,955	$15,400	$223,355

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
2025	$133,773,940	$205,845,065	$234,459,658	$-72,071,125
2024	$243,478,172	$274,207,632	$313,168,594	$-30,729,460
2023	$276,274,188	$333,201,298	$345,144,684	$-56,927,110
2022	$291,381,792	$290,124,836	$403,543,559	$1,256,956
2021	$318,538,074	$269,959,506	$401,924,747	$48,578,568
2020	$301,065,153	$261,527,015	$355,262,870	$39,538,138
2019	$244,427,016	$257,659,315	$303,594,671	$-13,232,299

PATIENT ADVOCATE FOUNDATION