Franklin Square Hospital Center Inc
84% goes to programs $0 to raise $100
Franklin Square Hospital Center Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1938, with $613,099,602 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
9000 Franklin Square Dr, Baltimore, MD, 21237 EIN 52-0608007 Since 1938
Revenue (FY2023)
$613.1M
▲ 8.7% vs prior year
Health median: $840K
Expenses (FY2023)
$597.9M
Net assets
$275.4M
Employees
3,392
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Franklin Square Hospital Center Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franklin Square Hospital Center Inc: 6 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Franklin Square Hospital Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franklin Square Hospital Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o medstar franklin square medical center, a member of medstar health, provides the highest quality healthcare and education to our communities.
What they do
Medstar franklin square provided $60.8m in subsidized (mission driven) health services in fiscal year 2024. these critical services, which are driven by community needs, operate at a loss. they address priorities primarily through disease prevention and improvement of health status. services include emergency medicine; women's and children's health, and behavioral health.
Medstar franklin square provided $19.3m in health professions education in fiscal year 2024. this category includes training in graduate medical education, and education for physicians, medical students, nurses, and other health professions.
Contact & location
- Address
- 9000 Franklin Square Dr, Baltimore, MD, 21237
- City
- Baltimore
- State
- Maryland
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $490.4M (FY2013) to $613.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $66.5MNet assets $275.4M
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$342.0M
Total liabilities
$66.5M
Net assets
$275.4M
Salaries & benefits
$259.0M
43% of expenses
Board members
18
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $613,099,602▲8.7% | $597,880,603▲5.2% | $275,433,599▲4.3% | $341,971,137▲3.3% | 990 |
| 2022 | $564,053,549▲3.1% | $568,154,973▲1.5% | $263,963,745▲3.4% | $330,984,117▼6.4% | 990 |
| 2021 | $547,008,613▼12.1% | $559,660,260▼8.8% | $255,250,927▲39.4% | $353,571,239▲0.2% | 990 |
| 2020 | $621,968,540▲2.7% | $613,996,673▲11.7% | $183,102,011▼0.7% | $352,871,142▲0.5% | 990 |
| 2019 | $605,822,205▲7.2% | $549,814,325▲2.1% | $184,409,006▼16.2% | $351,159,004▲25.2% | 990 |
| 2018 | $564,998,517▲1.3% | $538,278,509▲3.7% | $220,043,926▼0.8% | $280,504,715▼1.1% | 990 |
| 2017 | $557,773,104▲5.2% | $518,922,787▲2.0% | $221,833,525▲4.0% | $283,609,265▲4.1% | 990 |
| 2016 | $530,202,842▲2.1% | $508,542,013 | $213,367,609▲0.4% | $272,369,760▼2.7% | 990 |
| 2015 | $519,226,553▲2.8% | $508,349,080▲4.3% | $212,426,105▼0.4% | $279,791,288▼1.5% | 990 |
| 2014 | $505,297,521▲3.0% | $487,270,753▲4.0% | $213,358,750▼6.4% | $284,098,304▼3.2% | 990 |
| 2013 | $490,374,554 | $468,648,121▲3.0% | $227,876,346▲5.0% | $293,370,243▼0.9% | 990 |
| 2012 | — | $454,833,346▼2.4% | $217,006,739▼6.2% | $295,979,507▼4.6% | 990 |
| 2011 | — | $465,952,422▲7.2% | $231,290,463▼2.4% | $310,089,431 | 990 |
| 2010 | — | $434,830,357▲6.5% | $236,928,251▲14.5% | $310,161,018▲11.0% | 990 |
| 2009 | — | $408,188,596 | $206,848,108 | $279,516,026 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Stuart M Levine Md — $1,217,764 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stuart M Levine Md | President/director | 40 | $1,217,764 |
| David Lisle Md | Colorectal Surgeon | 40 | $1,151,133 |
| Nicola London Md | Director | 40 | $620,905 |
| Alain Abdo Md | Medical Doctor | 40 | $559,068 |
| Nathaniel Barbo | Vp, Operations | 40 | $338,133 |
| Kathy Henry Md | Physician | 40 | $308,452 |
| Kimberly Schwenk Msn | Cno | 40 | $273,615 |
| Robert Lally | Vp, Finance/former Officer | 39 | $213,730 |
| Lauren Robinson | Secretary | 40 | $83,640 |
| Aiman Shammas Md | Director | 1 | — |
| Amaris Umbager | Director (until 02/2024) | 1 | — |
| Carol L Nicolette Antill | Chair | 1 | — |
| Chukwuma Ebo Md | Director | 1 | — |
| Deana Stout | Cfo/treasurer | 1 | — |
| Denise M Matricciani | Vice Chair | 1 | — |
| Diana Pancu Md | Director & Vp Emerg Med. | 1 | — |
| Eric C Washington | Director | 1 | — |
| Howard Goldman Md | Director | 40 | — |
| Keith Shiner | Former Officer | 1 | — |
| Kenneth A Samet | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Amn Healthcare Inc | Staffing Services | $10,572,178 |
| Aya Healthcare Inc | Staffing Services | $10,397,048 |
| Medical Solutions LLC | Staffing Services | $2,372,700 |
| Fresenius Medical Care | Medical Services | $1,477,898 |
| Crothall Svcs Group | Environmental Services | $1,023,241 |
Grants received · $679K total
19 grants to Franklin Square Hospital Center Inc totaling $679K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $70,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2023 | $337,301 |
| American Cancer Society Inc | Patient support | 2023 | $30,000 |
| Donor Advised Charitable Giving | Health | 2023 | $8,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| American Cancer Society Inc | Patient support | 2022 | $30,000 |
| Donor Advised Charitable Giving | Health | 2022 | $10,000 |
| American Cancer Society Inc | Patient support | 2021 | $15,000 |
| Donor Advised Charitable Giving | Health | 2021 | $9,600 |
| Baltimore Community Foundation Inc | General support and various projects | 2020 | $12,000 |
| Donor Advised Charitable Giving | Health | 2020 | $9,000 |
| Donor Advised Charitable Giving | Health | 2020 | $9,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $22,500 |
| Donor Advised Charitable Giving | Health | 2019 | $8,200 |
Grants made · $131K in FY2023
3 grants totaling $131K in FY2023. All grants made by Franklin Square Hospital Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Young Mens Christian Association of Central Maryland Inc | Fit and fun program | $74,750 |
| American Heart Association Inc | Baltimore heart walk/grwl and es hw f23 baltimore md | $40,000 |
| Arrow Child & Family Ministries | Children's community health services | $16,404 |
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Frequently asked questions
- Is Franklin Square Hospital Center Inc a legitimate nonprofit?
- Yes. Franklin Square Hospital Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0608007, based in Baltimore, Maryland. Donations are tax-deductible.
- What is Franklin Square Hospital Center Inc's EIN?
- Franklin Square Hospital Center Inc's Employer Identification Number (EIN) is 52-0608007.
- How much revenue does Franklin Square Hospital Center Inc report?
- Franklin Square Hospital Center Inc reported $613,099,602 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Franklin Square Hospital Center Inc's spending goes to programs?
- Franklin Square Hospital Center Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Franklin Square Hospital Center Inc have?
- CharityIndex grades Franklin Square Hospital Center Inc A, based on program efficiency and fundraising cost.
- How much does Franklin Square Hospital Center Inc's highest-paid employee make?
- The highest reported compensation on Franklin Square Hospital Center Inc's latest Form 990 is $1,217,764, paid to Stuart M Levine Md (President/director).
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Explore more
Data for Franklin Square Hospital Center Inc (EIN 52-0608007) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.