KENNEDY HEALTH CARE FOUNDATION INC

EIN: 800550282 501(c)(3) Philanthropy & Grantmaking

PHILADELPHIA, PA

Total Revenue
$910,338
Total Expenses
$1,365,813
Total Assets
$4,334,731
Net Assets
$4,286,731
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NJ
Principal Officer
AARON CHANG FACHE
Phone
8566615100
Tax Period
2024-07-01 to 2025-06-30

KENNEDY HEALTH CARE FOUNDATION INC, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $910K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 50% operating deficit.

Mission

TO TRANSFORM THE HEALTH CARE EXPERIENCE THROUGH A CULTURE OF CARING, QUALITY AND INNOVATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $899,466
Program Service Revenue $0
Investment Income $7,042
Other Revenue $3,830
TOTAL REVENUE $910,338

Expense Breakdown

Grants Paid $98,883
Salaries & Benefits $0
Fundraising Expenses $11,434
Program Expenses $523,830
Other Expenses $1,266,930
TOTAL EXPENSES $1,365,813

Year-over-Year Comparison

2024 2023 Change
Revenue $910,338 $815,538 +0.1%
Expenses $1,365,813 $1,195,373 +0.1%
Net Income $-455,475 $-379,835 +0.2%
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

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Governance

Voting Members
15
Independent Members
11
Employees
N/A
Volunteers
12

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
4
$480,592
Total Directors
15
$424,674
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER D SHARNOFF ESQ SECRETARY 55.0
Officer
$0 $86,263 $480,592
TODD P LEVIN DO TRUSTEE - CHIEF OF MEDICINE 55.0
Director
$0 $34,592 $424,674
BRUCE J PAPARONE CHAIR - TRUSTEE 5.0
Officer Director
$0 $0 $0
ANTHONY J LARATTA ESQ VICE CHAIR - TRUSTEE 5.0
Officer Director
$0 $0 $0
NANCY BARSKY TRUSTEE 5.0
Director
$0 $0 $0
KENDRA BRILL TRUSTEE 5.0
Director
$0 $0 $0
AARON CHANG FACHE TRUSTEE 55.0
Director
$0 $0 $0
JAMES DARGUSCH TRUSTEE 5.0
Director
$0 $0 $0
JOSEPH W DEVINE FACHE TRUSTEE 5.0
Director
$0 $0 $0
JOHN F DURANTE TRUSTEE 5.0
Director
$0 $0 $0
C JONATHAN FOSTER DO TRUSTEE 55.0
Director
$0 $0 $0
WANDA HARDY TRUSTEE 5.0
Director
$0 $0 $0
BRIAN JONES TRUSTEE 5.0
Director
$0 $0 $0
MICHAEL P PAGLIARO CFA TRUSTEE 5.0
Director
$0 $0 $0
JOSEPH TREDINNICK TRUSTEE 5.0
Director
$0 $0 $0
JASON WOLF TRUSTEE 5.0
Director
$0 $0 $0
STEPHEN V DESTEFANO CPA TREASURER 55.0
Officer
$0 $0 $0
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 $910,338 $1,365,813 $4,334,731 $-455,475
2024 No data No data No data No data
2023 $1,724,709 $561,895 $5,250,600 $1,162,814
2022 $835,168 $745,509 $6,367,515 $89,659
2021 $2,654,546 $1,044,373 $7,102,447 $1,610,173
2020 $1,636,844 $897,035 $5,968,473 $739,809
2019 $1,949,077 $1,320,334 $3,730,931 $628,743
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