Simi Valley Hospital Foundation dba Adventist Health Simi Valley Fdtn

EIN: 912135595 501(c)(3) Philanthropy & Grantmaking

Simi Valley, CA

Total Revenue
$218,133
Total Expenses
$89,891
Total Assets
$985,148
Net Assets
$983,148
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
Stiles Kathryn
Phone
8059556670
Tax Period
2023-01-01 to 2023-12-31

Simi Valley Hospital Foundation dba Adventist Health Simi Valley Fdtn, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $218K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $128K, a strong 59% operating margin.

Mission

The Simi Valley Hospital Foundation provides inspiration and opportunity for donors to assist Simi Valley Hospital in fulfilling its mission to provide high quality compassionate care.

Program Service Accomplishments

Program 1
Expenses: $25,885 Revenue: $218,133

The Simi Valley Hospital Foundation is an IRC 501(c)(3) not-for-profit organization. Our purpose is to support the mission of Simi Valley Hospital and Health Services in improving the quality of life...

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The Simi Valley Hospital Foundation is an IRC 501(c)(3) not-for-profit organization. Our purpose is to support the mission of Simi Valley Hospital and Health Services in improving the quality of life and health in our community. We do this by:1. Building strong philanthropic support to meet capital and funding needs of the hospital.2. Ensuring appropriate stewardship by demonstrating an ethical and fiduciary responsibility to our donors and supporters.3. Developing excellent relationships with the community at large, and within the hospital in order to support our ministry of philanthropy.4. Working with community partners, organizations and volunteers.The following story illustrates how Adventist Health Simi Valley works to provide quality care for our community and why our Foundation has such a passion for raising funds to continue improving the care we can provide:Mark lived with pain for more than a decade. Ive had back problems since I was 20, it would come and go depending on the year, but it was prevalent through most of my adult life, says the 37-year-old software engineer. The pain became unbearable in late 2023 after returning home from a trip. "Within a few weeks, I was in the emergency room because I had lost feeling in both of my legs." he says. Physicians told Mark that he had lumbar nerve entrapment, meaning the nerves in his spine were compressed by the vertebrae, causing severe pain and numbness. This can build over time because of normal wear and tear or stress on the back from heavy lifting or accidents.After his hospital visit, Mark made an appointment with Zachary Sharfman, MD, an orthopedic surgeon specializing in spinal surgery at Adventist Health Simi Valley. Dr. Sharfman explained, We spent a lot of time working together on a treatment plan and discussing his options, but ultimately, I left the decision in his hands because I like to empower people to make the choice for themselves.Mark says that he had tried several treatments to relieve his back pain over the years, including physical therapy and steroid injections to reduce the inflammation, but nothing lasted. He knew it was time for an operation. Earlier this year, Dr. Sharfman performed a lumbar laminectomy on Mark. "His nerves were really compressed" says Dr. Sharfman. He used special tools to remove small portions of Mark's vertebrae to provide more space for the spinal nerves.Dr. Sharfman recommended this operation for Mark because it didnt require placing metal in or around the spine. The procedure is minimally invasive, meaning it can be performed through small incisions. In addition, patients typically have shorter recovery times and less pain after minimally invasive procedures than with traditional surgeries. Mark recalls, At Adventist Health Simi Valley, everyone was extremely attentive after my surgery. They taught me how to get out of bed, stand, and walk properly. I was only there one night. It was a really warm, welcoming hospital."Mark says that his recovery went well, particularly because he felt prepared for what to expect. He also shared that, Dr. Sharfman was always in contact with him and answering his questions. After three weeks, his pain cut in half every day. By the fourth week, he didn't need any pain medication at all." Mark did physical therapy to rebuild strength in the muscles that support his spine. Mark says, "When my pain was at its worst, I couldn't go to the market or go on a date with my girlfriend, I couldn't even stand for more than 60 seconds. Now, I have virtually no pain. I can do anything I want. My life is no longer restricted by pain."Compassionate, high-quality patient care; life-saving and life-preserving medical and surgical services in a community-based hospital; essential emergency servicesthese are the reasons we are in the Simi Valley community.For more information on the work that we do, visit us at https://simivalley.give.adventisthealth.org/

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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 (2023)

Revenue Breakdown

Contributions & Grants $147,670
Program Service Revenue $0
Investment Income $70,463
Other Revenue $0
TOTAL REVENUE $218,133

Expense Breakdown

Grants Paid $25,885
Salaries & Benefits $0
Fundraising Expenses $44,676
Program Expenses $25,885
Other Expenses $64,006
TOTAL EXPENSES $89,891

Year-over-Year Comparison

2023 2022 Change
Revenue $218,133 $201,319 +0.1%
Expenses $89,891 $199,394 -0.5%
Net Income $128,242 $1,925 +65.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
18
Employees
N/A
Volunteers
158

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
5
$676,354
Total Directors
22
$1,426,289
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Swenson Jennifer Board Member 1.00
Director
$0 $21,175 $749,935
Combis Theodore Treasurer 4.00
Officer Director
$0 $97,350 $425,931
Stiles Kathryn Executive Dir. 50.00
Officer Director
$0 $57,720 $250,423
Arbuckle Eric Board Member 1.00
Director
$0 $0 $0
Finch Jake Board Member 1.00
Director
$0 $0 $0
Freeman Elaine Board Member 1.00
Director
$0 $0 $0
Gandel Alex Chairman 1.00
Officer Director
$0 $0 $0
Garg Anil Secretary 1.00
Officer Director
$0 $0 $0
Kurohara Jonathan Board Member 1.00
Director
$0 $0 $0
Little Eric Board Member 1.00
Director
$0 $0 $0
Luckey Andrew Board Member 1.00
Director
$0 $0 $0
Malan John Board Member 1.00
Director
$0 $0 $0
Torres Jesus Board Member 1.00
Director
$0 $0 $0
Reynolds Cindy Board Member 1.00
Director
$0 $0 $0
Reynolds Barbara Board Member 1.00
Director
$0 $0 $0
Roark Jaimee Vice Chair 1.00
Officer Director
$0 $0 $0
Skidmore Rod Board Member 1.00
Director
$0 $0 $0
Tang Henry Board Member 1.00
Director
$0 $0 $0
Yu Alfred Board Member 1.00
Director
$0 $0 $0
Hale Ben Board Member 1.00
Director
$0 $0 $0
Kestly Maggie Board Member 1.00
Director
$0 $0 $0
Shepardson Dean Treas eff 8/24 0.00
Director
$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
2024 No data No data No data No data
2023 $218,133 $89,891 $985,148 $128,242
2022 $201,319 $199,394 $865,916 $1,925
2021 $113,075 $942,110 $840,996 $-829,035
2020 $287,125 $187,780 $1,668,031 $99,345
2019 $264,883 $220,844 $1,571,512 $44,039
2018 $271,790 $209,573 $1,551,192 $62,217
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