Hoag Clinic Inc
94% goes to programs $0 to raise $100 Growing revenue
Hoag Clinic Inc is a 501(c)(3) organization based in Newport Beach, California, registered in 2018, with $355,323,126 in FY2024 revenue. CharityIndex grades it C+, and it directs about 94% of spending to programs.
Po Box 6100, Newport Beach, CA, 92658 EIN 33-0676831 Since 2018
Revenue (FY2024)
$355.3M
▲ 9.2% vs prior year
Health median: $840K
Expenses (FY2024)
$448.0M
Net assets
$73.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating94% 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 Hoag Clinic Inc: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating2 mo reserves · -26% 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 Hoag Clinic Inc: 2 mo reserves · -26% margin earns a D 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 Hoag Clinic Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Hoag Clinic Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Hoag clinic's mission is to promote the continued availability of health care services to all persons and provide community education to health care professionals and conduct clinical research.
Contact & location
- Address
- Po Box 6100, Newport Beach, CA, 92658
- City
- Newport Beach
- State
- California
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.6M (FY2018) to $355.3M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $123.7MNet assets $73.0M
Operating margin
-26.1%
Spent more than it raised in the latest fiscal year.
Total assets
$196.7M
Total liabilities
$123.7M
Net assets
$73.0M
Salaries & benefits
$115.8M
26% of expenses
Board members
19
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $355,323,126▲9.2% | $447,970,290▲4.5% | $72,997,320▼7.5% | $196,724,771▼2.5% | 990 |
| 2023 | $325,304,223▲26.0% | $428,811,406▲23.0% | $78,940,291▼12.0% | $201,863,723▼4.7% | 990 |
| 2022 | $258,148,653▲22.0% | $348,706,744▲14.7% | $89,659,753▼1.8% | $211,845,301▲69.7% | 990 |
| 2021 | $211,626,917▲77.7% | $303,933,342▲56.7% | $91,279,047▲10.1% | $124,813,423▲21.0% | 990 |
| 2020 | $119,097,519▲48.1% | $193,938,295▲59.1% | $82,868,035▲324% | $103,168,179▲28.9% | 990 |
| 2019 | $80,408,092▲2972% | $121,933,763▲2406% | -$36,989,402▼1796% | $80,012,290▲158% | 990 |
| 2018 | $2,617,243 | $4,866,175 | -$1,950,629 | $31,067,025 | 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 (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Guarni | Evp and Cfo Hoag Hospital | 2 | — |
| Babak Rad Md | Board Member | 2 | — |
| Chris Callero | Board Member | 2 | — |
| Cindy Stokke | Chair | 2 | — |
| Dan Young | Past Chair | 2 | — |
| Debbie Margolis | Board Member | 2 | — |
| Dennis Gilmore | Board Member | 2 | — |
| Dennis P Haghighat | Director Medical Utilization Mgmt | 50 | — |
| Eric Alcouloumre Md | Secretary | 2 | — |
| Farhan Boayes | Director Claims | 50 | — |
| Gayathri Jith | Vp Sr Hoag Clinic | 50 | — |
| Jamie Shepherdson | Board Member | 2 | — |
| Jennifer Susnjara | Exec Dir Group Practice Ops | 50 | — |
| Jim Boyle | Vp Hoag Clinic Mso | 50 | — |
| Justin Davis | Director Business Devlop. Heh | 50 | — |
| Karen Linden | Board Member | 2 | — |
| Maricela Rios Faust | Board Member | 2 | — |
| Michael Gam | Vp and Cfo Hoag Clinic | 50 | — |
| Pamela Massey | Board Member | 2 | — |
| Paul Heeschen | Board Member | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hoag Specialty Clinic | Medical Services | $60,542,535 |
| Hoag Medical Group | Medical Services | $47,630,055 |
| Orange Coast Women's Medical Group | Medical Services | $20,994,663 |
| Hoag Concierge Medicine | Medical Services | $5,360,552 |
| Newport Family Medicine | Medical Services | $5,301,590 |
Grants received · $12.2M total
6 grants to Hoag Clinic Inc totaling $12.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hoag Hospital Foundation | Programs & equipment | 2024 | $3,781,275 |
| Hoag Hospital Foundation | Programs & equipment | 2023 | $3,120,833 |
| Hoag Hospital Foundation | Programs and equipment | 2022 | $2,120,294 |
| Hoag Hospital Foundation | Programs program support teen brain program support research orthopedic care | 2021 | $1,534,403 |
| Hoag Hospital Foundation | Programs program support teen brain program support research orthopedic care | 2020 | $1,087,361 |
| Hoag Hospital Foundation | Program support | 2019 | $545,341 |
Grants made · $20K in FY2021
1 grant totaling $20K in FY2021. All grants made by Hoag Clinic Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Miracles For Kids Inc | Program support | $20,000 |
Similar organizations in Health
Health
Pih Health Physicians
Whittier, CA
$348.8M
Bannual revenue
Health
Marshall Medical Center
Placerville, CA
$343.6M
Aannual revenue
Health
Adventist Health Physicans Network
Roseville, CA
$343.3M
B+annual revenue
Health
Community Hospitals of Central California
Fresno, CA
$332.1M
C+annual revenue
Health
Usc Arcadia Hospital
Arcadia, CA
$330.6M
B+annual revenue
Sonora Community Hospital
Roseville, CA
$381.5M
Aannual revenue
Health
North East Medical Services
Daly City, CA
$385.1M
Aannual revenue
Lodi Memorial Hospital Association Inc
Roseville, CA
$322.2M
B+annual revenue
Pih Health Good Samaritan Hospital
Los Angeles, CA
$391.2M
Aannual revenue
Health
Oroville Hospital
Oroville, CA
$397.7M
Aannual revenue
Compare Hoag Clinic Inc
Frequently asked questions
- Is Hoag Clinic Inc a legitimate nonprofit?
- Yes. Hoag Clinic Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 33-0676831, based in Newport Beach, California. Donations are tax-deductible.
- What is Hoag Clinic Inc's EIN?
- Hoag Clinic Inc's Employer Identification Number (EIN) is 33-0676831.
- How much revenue does Hoag Clinic Inc report?
- Hoag Clinic Inc reported $355,323,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hoag Clinic Inc's spending goes to programs?
- Hoag Clinic Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hoag Clinic Inc have?
- CharityIndex grades Hoag Clinic Inc C+, based on program efficiency and fundraising cost.
- How much does Hoag Clinic Inc's highest-paid employee make?
- The highest reported compensation on Hoag Clinic Inc's latest Form 990 is $0, paid to Andrew Guarni (Evp and Cfo Hoag Hospital).
More nonprofits in Newport Beach
Explore more
Data for Hoag Clinic Inc (EIN 33-0676831) 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.