HUNTINGTON MEDICAL FOUNDATION

EIN: 954434428 501(c)(3) Health Care

PASADENA, CA

Total Revenue
$51,916,855
Total Expenses
$61,759,291
Total Assets
$10,246,380
Net Assets
$-71,869,777
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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
1993
Legal Domicile
CA
Principal Officer
RAJINDER TAKHAR
Phone
6263978306
Tax Period
2024-07-01 to 2025-06-30

HUNTINGTON MEDICAL FOUNDATION, founded in 1993, is a mid-sized nonprofit in the Health Care sector that reported $51.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $61.8M exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE THE HIGHEST QUALITY, MOST PATIENT FRIENDLY HEALTHCARE THROUGH INNOVATIVE PROGRAMS. WE ARE RESPONSIVE TO OUR COMMUNITY'S NEED AND SENSITIVE TO FINANCIAL RESPONSIBILITY.

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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 $1,691,040
Program Service Revenue $47,929,203
Investment Income $0
Other Revenue $2,296,612
TOTAL REVENUE $51,916,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,341,083
Fundraising Expenses $0
Program Expenses $58,095,561
Other Expenses $44,418,208
TOTAL EXPENSES $61,759,291

Year-over-Year Comparison

2024 2023 Change
Revenue $51,916,855 $47,382,019 +0.1%
Expenses $61,759,291 $56,498,626 +0.1%
Net Income $-9,842,436 $-9,116,607 +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

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Governance

Voting Members
9
Independent Members
5
Employees
166
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
4
$5,931,748
Total Directors
9
$1,292,925
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE CHINO BOARD CHAIR 1.00
Director
$0 $0 $0
RONALD OLAH MD PHYSICIAN MEMBER 1.00
Director
$348,648 $27,703 $376,351
BIANCA GRIGORIAN MD PHYSICIAN MEMBER 1.00
Director
$242,977 $18,117 $261,094
DONALD GRANT COMMUNITY MEMBER 1.00
Director
$0 $0 $0
PETE KUTZER COMMUNITY MEMBER 1.00
Director
$0 $0 $0
ANN RECTOR COMMUNITY MEMBER 1.00
Director
$0 $0 $0
STEPHANIE MACKANIC MD PHYSICIAN MEMBER 1.00
Director
$233,385 $7,001 $240,386
ALIPASHA ADRANGI PHYSICIAN MEMBER 1.00
Director
$384,839 $30,255 $415,094
ERIN BAKER COMMUNITY MEMBER 1.00
Director
$0 $0 $0
LORI MORGAN MD PRESIDENT & CEO 1.00
Officer
$2,443,405 $265,532 $2,708,937
RAJINDER S TAKHAR CHIEF EXECUTIVE OFFICER 5.00
Officer
$1,221,110 $121,341 $1,342,451
STEVEN MOHR CHIEF FINANCIAL OFFICER 1.00
Officer
$1,314,721 $176,193 $1,490,914
SHITAL ARYA MD SECRETARY 1.00
Officer
$365,029 $24,417 $389,446
ARIELLE DONNER NURSE PRACTITIONER 40.00
Highest
$187,659 $7,169 $194,828
MARIANA MARQUEZ SENDEJAS NURSE PRACTITIONER 40.00
Highest
$172,504 $13,659 $186,163
MIN YUE A LIU NURSE PRACTITIONER 40.00
Highest
$171,941 $16,758 $188,699
ERIK RODARTE NURSE PRACTITIONER 40.00
Highest
$163,245 $11,871 $175,116
JENNIFER OH NURSE PRACTITIONER 40.00
Highest
$147,535 $11,799 $159,334
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 $51,916,855 $61,759,291 $10,246,380 $-9,842,436
2024 No data No data No data No data
2023 $22,680,437 $27,449,532 $13,214,361 $-4,769,095
2022 $46,225,175 $56,414,973 $14,755,069 $-10,189,798
2021 $42,291,573 $49,131,845 $12,982,525 $-6,840,272
2020 $36,939,841 $48,068,931 $17,195,320 $-11,129,090
2019 $43,169,289 $48,789,125 $20,359,138 $-5,619,836
2018 $39,533,709 $43,814,871 $10,775,849 $-4,281,162
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