THE NEMOURS FOUNDATION (EIN 590634433) - Form 990 Financial Analysis & Trantor Score

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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

1936

Legal Domicile

Principal Officer

R Lawrence Moss MD

Phone

9046974100

Tax Period

2023-01-01 to 2023-12-31

THE NEMOURS FOUNDATION, founded in 1936, is a large national nonprofit in the Health Care sector that reported $2.1B in total revenue in fiscal year 2023. Expenses of $1.8B left a modest 12% surplus.

Mission

Nemours mission is to provide leadership, institutions, and services to restore and improve the health of children through care and programs not readily available, with one high standard of quality and distinction regardless of the recipient's financial status.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $331,577,707

Program Service Revenue $1,624,837,287

Investment Income $46,290,145

Other Revenue $83,266,926

TOTAL REVENUE $2,085,972,065

Expense Breakdown

Grants Paid $33,875,831

Salaries & Benefits $1,154,431,635

Fundraising Expenses $13,443,195

Program Expenses $1,482,584,981

Other Expenses $639,040,558

TOTAL EXPENSES $1,828,571,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,085,972,065	$1,938,260,783	+0.1%
Expenses	$1,828,571,024	$1,653,344,820	+0.1%
Net Income	$257,401,041	$284,915,963	-0.1%

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

Governance

Voting Members

Independent Members

Employees

10441

Volunteers

1233

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

$16,074,164

Total Directors

$1,632,645

Key Employees

$5,170,005

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
R Lawrence Moss MD	President and CEO	40	Officer	$2,338,500	$313,109	$2,651,609
Christian Pizarro MD	Chair, Dept of Cardiac Services, DV	40	Highest	$2,280,123	$49,044	$2,329,167
Peter D Wearden MD	Chair, Cardiovascular Svcs FL, Dir of Early Autism	40	Highest	$1,818,761	$33,729	$1,852,490
Robert D Bridges	Former Officer (End Dec '22)	0		$1,617,233	$65,893	$1,683,126
Mark Mumford	EVP, Chief Operating Officer	40	Officer	$1,498,626	$178,584	$1,677,210
Suken A Shah MD	Chair, Orthopedics, DV	40	Highest	$1,394,331	$53,189	$1,447,520
Rodney A McKendree	EVP, CFO and Business Svcs Officer	40	Officer	$1,248,488	$180,251	$1,428,739
Mary Lee MD	EVP, Chief Phys & Scientific Officer (To Apr '23)	40	Officer	$1,210,581	$23,878	$1,234,459
Gary Josephson MD	VP, Chief Medical Officer, NFL	40	Highest	$1,066,713	$107,887	$1,174,600
Michael J Erhard MD	President, North FL Region (To Apr '23)	40	Officer	$1,005,928	$159,561	$1,165,489
Katherine Deans MD	Surgeon in Chief	40	Highest	$1,088,216	$48,899	$1,137,115
James Digan	EVP, Chief Development Officer (To Apr '23)	40	Officer	$975,757	$128,221	$1,103,978
Martha G McGill	President, Central FL Region (To Apr '23)	40	Officer	$857,933	$139,354	$997,287
Gina Altieri	EVP, Chief Communications Officer (To Apr '23)	40	Officer	$804,656	$113,074	$917,730
Chiedu P Adebi	EVP, Chief Human Resources Officer (To Apr '23)	40	Officer	$741,416	$128,100	$869,516
Jane M Mericle	EVP, Chief Nursing Exec & Pt Ops (To Apr '23)	40	Officer	$777,206	$30,953	$808,159
Kara Walker	EVP, Chief Population Health Officer (To Apr '23)	40	Officer	$678,170	$102,330	$780,500
Bernard E Rice	SVP, Chief Information Officer	40	Key Emp	$658,821	$113,932	$772,753
Laura A Kowal	SVP, General Counsel	40	Officer	$603,012	$88,826	$691,838
Carrie Grant	EVP, Chief Nursing Exec, FL Ops (To Apr '23)	40	Officer	$620,714	$43,170	$663,884
Pauline M Corso	SVP, Chief Operating Officer, DV	40	Key Emp	$540,685	$93,161	$633,846
William W Higginbotham II	SVP, Finance	40	Officer	$520,224	$96,529	$616,753
Cindy Bo	SVP, Strategy and Business Dev, DV	40	Key Emp	$513,135	$81,716	$594,851
Kevin Carraccio	SVP, Philanthropy	40	Key Emp	$547,013	$25,543	$572,556
Margaret Hostetter	Interim Exec Dir, Clinical and Research (To Jul '23)	40	Key Emp	$503,040	$11,976	$515,016
Thomas Landmeier	SVP, Chief Marketing Officer	40	Key Emp	$398,528	$68,937	$467,465
Aaron Carpenter	SVP, Chief Nursing and Patient Ops, DV	40	Key Emp	$334,887	$54,119	$389,006
Anna Small	SVP, Chief Compliance Officer	40	Key Emp	$316,205	$69,321	$385,526
Hans Alvarez	SVP, Audit Service	40	Key Emp	$269,234	$60,023	$329,257
Nicole Johnson	SVP, Chief Nursing and Patient Ops, CFL	40	Key Emp	$279,002	$40,718	$319,720
Matthew Davis	Enterprise Chief Physician & Scientific Officer	40	Key Emp	$188,238	$1,771	$190,009
Hugh M Durden	Member	4	Director	$0	$0	$168,285
Terri Kelly	Member	0	Director	$0	$0	$161,152
Thomas G Kuntz	Member Director	8	Director	$0	$0	$154,340
John S Lord	Member (To Oct '23)	2	Director	$0	$0	$153,931
Geoffrey M Rogers	Member Director	8	Director	$0	$0	$153,641
Robert Riney	Member	0	Director	$0	$0	$153,546
Jennifer Bayne	Manager Governance Office	40	Officer	$132,489	$19,547	$152,036
Cameron S Morrow	Assistant Treasurer	40	Officer	$126,549	$23,428	$149,977
Harold Mills	Chairman of the Board and Officer	3	Officer Director	$90,000	$0	$90,000
James S Hunt	Director	10	Director	$90,000	$0	$90,000
Gwen MacKenzie	Director	2	Director	$85,000	$0	$85,000
Richard Walsh	Vice Chairman of the Board and Officer	5	Officer Director	$75,000	$0	$75,000
Valerie Montgomery Rice	Director	2	Director	$75,000	$0	$75,000
Jane Cavalier Luca	Director	6	Director	$75,000	$0	$75,000
Claire DeMatteis	Director	1	Director	$70,000	$0	$70,000
Elliot Joseph	Director	2	Director	$60,000	$0	$60,000
William F D'Alonzo	Director	3	Director	$60,000	$0	$60,000
Linda D Norman	Director (To Jan '23)	0	Director	$7,750	$0	$7,750

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	No data	No data	No data	No data
2023	$2,085,972,065	$1,828,571,024	$3,058,493,548	$257,401,041
2022	$1,938,260,783	$1,653,344,820	$2,774,227,208	$284,915,963
2021	$1,727,136,320	$1,480,686,836	$2,613,649,761	$246,449,484
2020	$1,467,979,097	$1,406,939,336	$2,357,235,777	$61,039,761
2019	$1,528,462,384	$1,446,048,493	$2,285,597,717	$82,413,891
2018	$1,437,770,463	$1,350,209,983	$2,074,345,798	$87,560,480

THE NEMOURS FOUNDATION