Patientrightsadvocate Org Inc
- Assets
- $16.8m
- Revenue
- $23.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 82-3586244
Organization Overview
Patientrightsadvocate Org Inc is located in Newton, MA. The organization was established in 2018. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patientrightsadvocate Org 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 12/2021, Patientrightsadvocate Org Inc generated $23.2m in total revenue. All expenses for the organization totaled $12.7m during the year ending 12/2021. While expenses have increased by 127.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT RESEARCH AND ADVOCACY IN SUPPORT OF SYSTEMWIDE PRICE TRANSPARENCY IN HEALTHCARE TO LOWER COSTS FOR ALL AMERICANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT RESEARCH ON THE COMPLIANCE OF HOSPITALS, INSURANCE COMPANIES, AND ALL HEALTHCARE PROVIDERS WITH FEDERAL PRICE TRANSPARENCY REGULATIONS; ADVOCATE ON BEHALF OF CONSUMERS, BUSINESSES AND TAXPAYERS TO LOWER THEIR COSTS THROUGH TRANSPARENCY AND COMPETITION. ASSIST PATIENTS AND BUSINESSES IN LOWERING HEALTHCARE COSTS AND FIGHTING OVERCHARGES THROUGH PRICE TRANSPARENCY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Bent Board Member | Officer | 13 | $102,010 |
Kara Grasso Board Member | Officer | 2 | $0 |
Cynthia Fisher Chairman | Officer | 10 | $0 |
Nadia Altomare Board Member | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Consovoy Mccarthy Park Legal Services | 12/30/21 | $179,175 |
Ferox Strategies Consulting | 12/30/21 | $152,340 |
Ms Holding Llc Communications/public Affairs | 12/30/21 | $202,592 |
Jeremiah Cronin Communications/public Affairs | 12/30/21 | $186,000 |
Crc Advisors Communications/public Affairs | 12/30/21 | $400,315 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,363,091 |
| Noncash contributions included in lines 1a–1f | $20,275,678 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,363,091 |
| Total Program Service Revenue | $0 |
| Investment income | $132,734 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,003,689 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,214,386 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $310,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,010 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $139,145 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $906 |
| Payroll taxes | $19,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $335,964 |
| Fees for services: Accounting | $8,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,093,547 |
| Advertising and promotion | $4,651,555 |
| Office expenses | $12,668 |
| Information technology | $16,633 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $54,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,176 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,746,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,831,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,831,821 |
| Accounts payable and accrued expenses | $2,068 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $568 |
| Total liabilities | $2,636 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $16,829,185 |
| Total liabilities and net assets/fund balances | $16,831,821 |
Grants Awarded
Over the last fiscal year, Patientrightsadvocate Org Inc has awarded $5,360,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Winter Park, FL PURPOSE: TO EDUCATE THE PUBLIC AS TO THE BENEFITS OF PRICE TRANSPARENCY WITH RESPECT TOMEDICAL PROCEDURES AND DRUG COSTS | $5,050,000 |
Nashville, TN PURPOSE: SUPPORTING THE ORGANIZATION | $250,000 |
Winchester, VA PURPOSE: SUPPORTING THE ORGANIZATION | $50,000 |
Washington, DC PURPOSE: SUPPORTING THE ORGANIZATION | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Patientrightsadvocate Org Inc has recieved totaling $27,488,510.
| Awarding Organization | Amount |
|---|---|
Fisher Koch Family Foundation Inc New York, NY PURPOSE: SUPPORT THE ORGANIZATION | $27,443,510 |
Randolph Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Randolph Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Planned Parenthood Action Fund Inc New York, NY | $10,201,758 | $35,671,884 |
Monroe Plan For Medical Care Inc Pittsford, NY | $126,451,300 | $24,457,288 |
Alliance Health Services Manchester, NH | $2,953,026 | $17,372,223 |
Patientrightsadvocate Org Inc Newton, MA | $16,831,821 | $23,214,386 |
Health Leads Inc Boston, MA | $7,390,477 | $12,819,904 |
North Country Healthcare Inc Whitefield, NH | $3,297,109 | $7,107,750 |
National Latina Institute For Reproductive Justice New York, NY | $9,926,135 | $6,374,361 |
Health Care For All Inc Boston, MA | $7,303,569 | $5,595,389 |
Hospital Association Of Rhode Island Providence, RI | $1,648,804 | $2,589,217 |
New Hampshire Hospital Association Concord, NH | $4,512,482 | $2,616,289 |
Needymeds Inc Gloucester, MA | $906,653 | $2,079,796 |
Health Equity Solutions Inc Hartford, CT | $981,432 | $1,949,718 |