Patient Advocate Foundation Inc
- Assets
- $403.5m
- Revenue
- $291.4m
- Investments
- $0.0
- Employees
- 252
- Location
- Hampton, VA
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 54-1806317
Organization Overview
Patient Advocate Foundation Inc is located in Hampton, VA. The organization was established in 1996. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Patient Advocate Foundation Inc employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patient Advocate Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Patient Advocate Foundation Inc generated $291.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $290.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PATIENT ADVOCATE FOUNDATION (PAF) IS A NATIONAL 501 (C)(3) NON-PROFIT ORGANIZATION THAT PROVIDES PROFESSIONAL CASE MANAGEMENT AND FINANCIAL AID ASSISTANCE TO AMERICANS WITH CHRONIC, LIFE THREATENING AND DEBILITATING ILLNESSES. PAF CASE MANAGERS SERVE AS ACTIVE LIAISONS BETWEEN THE PATIENT AND THEIR INSURER, EMPLOYER AND/OR CREDITORS TO RESOLVE INSURANCE, JOB RETENTION AND/OR DEBT CRISIS MATTERS AS THEY RELATE TO THEIR DIAGNOSIS. PATIENT ADVOCATE FOUNDATION SEEKS TO SAFEGUARD PATIENTS THROUGH EFFECTIVE MEDIATION ASSURING ACCESS TO CARE, MAINTENANCE OF EMPLOYMENT AND PRESERVATION OF THEIR FINANCIAL STABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT PROGRAMSFOR 18 YEARS, PAF'S CO-PAY RELIEF PROGRAM (CPR) HAS PROVIDED FINANCIAL ASSISTANCE FOR CO-PAYMENTS, CO- INSURANCE AND DEDUCTIBLES REQUIRED BY A PATIENT'S INSURER FOR MEDICATIONS PRESCRIBED TO TREAT AND/OR MANAGE THE PATIENT'S DISEASE.IN FY2021/2022, PAF'S CO-PAY RELIEF PROGRAM EXPANDED ITS IMPACT THROUGH THE ADDITION OF TWELVE (12) NEW FUNDS, INCLUDING TEN (10) HEALTH EQUITY FUNDS, BRINGING THE TOTAL FUNDS SUPPORTING PATIENTS TO FORTY-THREE (43) INCLUDING ACROMEGALY, ASTHMA, BLADDER CANCER, BREAST CANCER, CANCER GENETIC AND GENOMIC TESTING, CERVICAL CANCER, COVID-19, CYSTIC FIBROSIS, DIABETES, ELECTROLYTE IMBALANCE, GAUCHER DISEASE, HEMOPHILIA,
NON-PROFIT SERVICE AGREEMENTSIN 2009, THE FOUNDATION ENTERED INTO A TRANSPARENT SERVICE ADMINISTRATION AGREEMENT WITH A NATIONAL NONPROFIT ORGANIZATION. THE FOUNDATION HAS BEEN ENGAGED TO PROVIDE FULL SERVICE, TRANSPARENT ADMINISTRATION SERVICES TO QUALIFIED PATIENTS THAT ENTER THEIR CO-PAY ASSISTANCE AND PATIENT FINANCIAL AID PROGRAMS. THE FOUNDATION CONTINUED TO PROVIDE THIS CONTRACTUAL SERVICE DURING 2022 AND 2021. THE FOUNDATION ADMINISTERED SERVICES TO 74,774 AND 42,133 PATIENTS IN 2022 AND 2021, RESPECTIVELY, THROUGH THIS SERVICE AGREEMENT.
CASE MANAGEMENT SERVICESFOR 26 YEARS, PATIENT ADVOCATE FOUNDATION (FOUNDATION, PAF) HAS PROVIDED CASE MANAGEMENT INTERVENTIONS ON BEHALF OF CRITICALLY OR CHRONICALLY ILL PATIENTS NATIONALLY; ENABLING THEM TO CONNECT WITH, AND MAINTAIN ACCESS TO, PRESCRIBED HEALTHCARE SERVICES AND MEDICATIONS, OVERCOME INSURANCE BARRIERS, LOCATE RESOURCES TO SUPPORT COST-OF-LIVING EXPENSES WHILE IN TREATMENT, EVALUATE AND MAINTAIN HEALTH INSURANCE COVERAGE AND BETTER MANAGE, OR REDUCE, THE OUT-OF-POCKET MEDICAL AND COST OF LIVING DEBT THEY FACE. PAF PROVIDES ONE-ON-ONE PROFESSIONAL CASE MANAGEMENT SERVICES, WORKING ALONGSIDE PATIENTS, THEIR LOVED ONES, AND THEIR CARE TEAMS, OFTEN TAKING THE LEAD TO RESOLVE COMPLEX HEALTHCARE ACCESS AND AFFORDABILITY CHALLENGES ENCOUNTERED IN THE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan J Balch PHD Chief Executive Officer | Officer | 20 | $301,117 |
Frances Castellow President Of Operations | Officer | 40 | $259,694 |
William J Nason Chief Financial Officer | Officer | 40 | $255,290 |
Angela M Walker Chief Of Talent Management | 40 | $218,957 | |
Sakthi Chokkalingam Director Of It Business Solutions | 40 | $200,721 | |
Erin Bradshaw Chief Of Mission Delivery | 40 | $181,472 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crossconnect Engineering It Support | 6/29/22 | $252,089 |
Arent Fox Schiff Llp Compliance Counsel | 6/29/22 | $165,893 |
Passport Health Communications Group Income Verification | 6/29/22 | $142,800 |
Tekclan Software Solutions Pvt Ltd It Support | 6/29/22 | $1,867,444 |
Pharmacy Data Management Group Process Pharmacy Claims | 6/29/22 | $801,352 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,000 |
| Fundraising events | $213,627 |
| Related organizations | $0 |
| Government grants | $498,803 |
| All other contributions, gifts, grants, and similar amounts not included above | $279,430,602 |
| Noncash contributions included in lines 1a–1f | $31,956 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,243,032 |
| Total Program Service Revenue | $10,661,859 |
| Investment income | $580,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,081 |
| Net Income from Fundraising Events | -$94,728 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,381,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $265,800,340 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $844,906 |
| Compensation of current officers, directors, key employees. | $337,068 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,103,700 |
| Pension plan accruals and contributions | $378,183 |
| Other employee benefits | $1,272,612 |
| Payroll taxes | $995,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $170,380 |
| Fees for services: Accounting | $162,131 |
| Fees for services: Lobbying | $780,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,711,380 |
| Advertising and promotion | $0 |
| Office expenses | $1,517,595 |
| Information technology | $889,522 |
| Royalties | $0 |
| Occupancy | $797,675 |
| Travel | $49,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,621 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,025,766 |
| Insurance | $112,066 |
| All other expenses | $460,129 |
| Total functional expenses | $290,124,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,689,086 |
| Savings and temporary cash investments | $345,883,599 |
| Pledges and grants receivable | $18,218,453 |
| Accounts receivable, net | $1,954,922 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,194 |
| Prepaid expenses and deferred charges | $460,069 |
| Net Land, buildings, and equipment | $4,399,051 |
| Investments—publicly traded securities | $1,807,854 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,331 |
| Total assets | $403,543,559 |
| Accounts payable and accrued expenses | $10,198,425 |
| Grants payable | $0 |
| Deferred revenue | $21,569,093 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,002,021 |
| Total liabilities | $34,769,539 |
| Net assets without donor restrictions | $24,928,178 |
| Net assets with donor restrictions | $343,845,842 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $403,543,559 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Patient Advocate Foundation Inc has recieved totaling $2,465,476.
| Awarding Organization | Amount |
|---|---|
American Diabetes Association Inc Arlington, VA PURPOSE: Education and Development | $1,025,000 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $425,000 |
Edwards Lifesciences Foundation Irvine, CA PURPOSE: EVERY HEARTBEAT MATTERS GRANT | $250,000 |
National Ovarian Cancer Coalition Inc Dallas, TX PURPOSE: SUPPORT FOR WOMEN IN TREATMENT OR CLINICAL TRIALS FOR OVARIAN CANCER | $212,266 |
Begin Again Foundation Virginia Beach, VA | | $162,546 |
Pfizer Foundation Inc New York, NY PURPOSE: SOCIAL DETERMINANTS OF HEALTH GRANTS | $150,000 |
Endowment Analysis
| Beg. Balance | $2,194,524 |
| Earnings | -$27,254 |
| Ending Balance | $2,167,270 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Patient Advocate Foundation Inc Hampton, VA | $403,543,559 | $291,381,792 |
International Baccalaureate Organization Bethesda, MD | $408,650,974 | $204,831,587 |
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |