Physicians for a Healthy California

EIN: 946062822 501(c)(3) Health Care

Sacramento, CA

Total Revenue
$6,690,287
Total Expenses
$6,013,319
Total Assets
$77,234,425
Net Assets
$9,076,238
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
CA
Principal Officer
Lance R Lewis
Phone
9164445532
Tax Period
2023-01-01 to 2023-12-31

Physicians for a Healthy California, founded in 1963, is a community nonprofit in the Health Care sector that reported $6.7M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $6.0M left a modest 10% surplus.

Mission

Physicians for a Healthy California is dedicated to improving community health, growing a diverse physician workforce and promoting health equity. Our programs continue to improve public health, provide clinical practice support and improvement, and address the social determinants of health and access to care.

Program Service Accomplishments

Program 1
Expenses: $1,402,145 Revenue: $1,545,872

CalMedForce administers annual grants to fund residency positions at graduate medical education (GME) programs throughout California to train physicians and help the state address its growing...

Read more

CalMedForce administers annual grants to fund residency positions at graduate medical education (GME) programs throughout California to train physicians and help the state address its growing physician shortage. The University of California is the designated recipient of the funding via tobacco tax revenues, Proposition 56, and has contracted with PHC to administer this GME grant program. In 2023, CalMedForce funding awarded the largest number of residencies and resident positions to date, to sustain, retain and expand GME in primary care and emergency medicine. A total of 138 residency programs were awarded $38.7 million to fund 217 resident positions.

Program 2
Expenses: $1,411,394 Revenue: $1,663,909

CalHealthCares administers loan repayment for educational debt to California physicians and dentists who provide care to Medi-Cal patients, which represent one-third of Californians and half of the...

Read more

CalHealthCares administers loan repayment for educational debt to California physicians and dentists who provide care to Medi-Cal patients, which represent one-third of Californians and half of the state's children. The Department of Health Care Services has funded the program through the state tobacco tax revenues, Proposition 56, and contracted with PHC to administer the statewide program. Eligible physicians can apply for up to $300,000 in loan repayment in exchange for a five-year service obligation. Eligible dentists can apply for up to $300,000 in exchange for a five-year service obligation or a practice support grant of up to $300,000 in exchange for a ten-year service obligation. In 2023, a total of 263 physicians and 34 dentists were awarded $72.5 million to reduce the educational debt. Physician awardees are providing services to Medi-Cal patients in 40 counties throughout California and dentist awardees are providing services in 7 counties.

Program 3
Expenses: $1,058,933 Revenue: $1,580,710

The COVID-19 Therapeutics Equity Grant Program, also known as Test to Treat Equity Grant, was established by the California Department of Public Health to connect patients who test positive for...

Read more

The COVID-19 Therapeutics Equity Grant Program, also known as Test to Treat Equity Grant, was established by the California Department of Public Health to connect patients who test positive for COVID-19 with the therapeutic treatment to decrease related morbidity and mortality. CDPH has partnered with the the Physicians for a Healthy California to secure funding to support safety-net providers to operationalize access to clinically appropriate COVID-19 therapeutics in a timely manner with a focus on expedited elements of assessment and treatment. The grant program came to a close in 2023, concluding $70.8 million awarded to 242 safety-net providers and public health systems to improve COVID-19 testing and treatment in underserved communities across 45 counties.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $549,255
Program Service Revenue $5,967,611
Investment Income $169,121
Other Revenue $4,300
TOTAL REVENUE $6,690,287

Expense Breakdown

Grants Paid $116,043
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,326,343
Other Expenses $5,897,276
TOTAL EXPENSES $6,013,319

Year-over-Year Comparison

2023 2022 Change
Revenue $6,690,287 $9,341,016 -0.3%
Expenses $6,013,319 $6,170,791 0.0%
Net Income $676,968 $3,170,225 -0.8%
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

Sign In

Governance

Voting Members
14
Independent Members
9
Employees
N/A
Volunteers
43

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
$500,278
Total Directors
14
$2,709,484
Key Employees
2
$273,178
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dustin E Corcoran Chief Executive Officer, California Medical Assoc. 2
Director
$0 $112,049 $1,339,208
Lance R Lewis Chief Financial Officer 2
Director
$0 $119,549 $722,140
Guadalupe Alonzo-Diaz President and CEO of PHC 35
Officer Director
$0 $64,407 $401,619
Emily Johnson Chief Strategy Officer 35
Key Emp
$0 $533 $180,659
Donaldo Hernandez MD Director 1
Director
$0 $0 $147,858
Tanya W Spirtos MD Vice Chair of the Board 1
Officer Director
$0 $0 $98,659
Brian Aguilar Chief Operating Officer 35
Key Emp
$0 $4,947 $92,519
Howard Kahn MPA Chair of the Board 1
Officer Director
$0 $0 $0
Sergio Aguilar Gaxiola MD Secretary Treasurer 1
Officer Director
$0 $0 $0
Jodi Hicks Director 1
Director
$0 $0 $0
Karen Hansberger MD Director 1
Director
$0 $0 $0
Kyle Smith MD Director 1
Director
$0 $0 $0
Manesy Liberty Ceja-Cevallos Director 1
Director
$0 $0 $0
Pooja Mittal DO Director 1
Director
$0 $0 $0
Toluwalase Ajayi MD Director 1
Director
$0 $0 $0
Sunita Mutha MD Director 1
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 $6,690,287 $6,013,319 $77,234,425 $676,968
2022 $9,341,016 $6,170,791 $75,055,033 $3,170,225
2021 $7,032,700 $5,028,765 $66,984,329 $2,003,935
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Physicians for a Healthy California with other nonprofits in California and across the country.