Medical Faculty Associates Inc
83% goes to programs $0 to raise $100 Thin reserves
Medical Faculty Associates Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2000, with $389,496,459 in FY2023 revenue. CharityIndex grades it C, and it directs about 83% of spending to programs.
2150 Pennsylvania Ave Nw, Washington, DC, 20037 EIN 52-2220700 Since 2000
Revenue (FY2023)
$389.5M
▲ 2.3% vs prior year
Health median: $840K
Expenses (FY2023)
$499.0M
Net assets
-$344.1M
Employees
2,035
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 →C+Program efficiency40% of the rating83% 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 Medical Faculty Associates Inc: 83% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -28% 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 Medical Faculty Associates Inc: 0 mo reserves · -28% margin earns a F 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 Medical Faculty Associates 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 Medical Faculty Associates Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide patient care, clinical research, and teaching to medical students and residents of gwu.
What they do
Medical research, general/other: provide certain clinical research and administrative services to the university; further the advancement of medical knowledge through basic and applied research in medicine, lectures, consulting, publishing information and teaching, particularly regarding medical and health care issues prevalent in urban communities. mfa's faculty does the majority of the medical research at the george washington university medical school. during the fiscal year ending june 30, 2024, mfa performed 255 studies.
Professional education: provide certain clinical, teaching and administrative services to the university; undertake teaching the diagnosis and treatment of medical conditions to medical students, interns, residents, fellows and other professionals in connection with the university. mfa's faculty does the majority of the teaching and research at the george washington university medical school. during the fiscal year ending june 30, 2024, mfa provided professional education to 396 medical residents and 750 students.
Contact & location
- Address
- 2150 Pennsylvania Ave Nw, Washington, DC, 20037
- City
- Washington
- State
- District of Columbia
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $339.1M (FY2013) to $389.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $609.0MNet assets -$344.1M
Operating margin
-28.1%
Spent more than it raised in the latest fiscal year.
Total assets
$264.9M
Total liabilities
$609.0M
Net assets
-$344.1M
Salaries & benefits
$270.3M
54% of expenses
Board members
13
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $389,496,459▲2.3% | $499,044,738▲8.1% | -$344,087,803▼45.3% | $264,876,964▲15.5% | 990 |
| 2022 | $380,795,193▼1.6% | $461,798,922▼1.1% | -$236,731,626▼49.9% | $229,405,339▼11.2% | 990 |
| 2021 | $386,951,054▼11.7% | $466,885,767▼4.3% | -$157,889,771▼59.8% | $258,421,863▲22.5% | 990 |
| 2020 | $438,379,822▲2.5% | $487,651,289▲3.5% | -$98,835,529▼117% | $210,994,424▲16.9% | 990 |
| 2019 | $427,789,125▼9.4% | $471,027,865▲0.6% | -$45,502,971▼823% | $180,530,229▲20.9% | 990 |
| 2018 | $471,946,537▲4.8% | $468,397,952▼2.2% | -$4,928,523▲72.6% | $149,286,092▼6.7% | 990 |
| 2017 | $450,366,351▲5.5% | $478,778,598▲5.0% | -$18,017,485▼219% | $160,012,219▼5.7% | 990 |
| 2016 | $427,035,690▲5.7% | $456,014,234▲7.8% | $15,183,771▼36.1% | $169,608,865▼1.8% | 990 |
| 2015 | $404,157,145▲11.1% | $423,042,892▲17.2% | $23,771,961▼66.2% | $172,753,467▼21.4% | 990 |
| 2014 | $363,694,430▲7.2% | $361,022,609▲6.5% | $70,238,677▲3.3% | $219,903,596▲7.3% | 990 |
| 2013 | $339,115,971 | $338,842,139▲2.9% | $68,017,746▲3.9% | $204,935,294▼0.5% | 990 |
| 2012 | — | $329,234,704▲1.0% | $65,471,693▲0.6% | $205,983,623▲2.9% | 990 |
| 2011 | — | $325,837,894▲18.3% | $65,068,541▲21.7% | $200,240,293▲8.2% | 990 |
| 2010 | — | $275,317,635▲9.8% | $53,487,793▲34.2% | $185,055,850▲54.1% | 990 |
| 2009 | — | $250,706,135 | $39,853,616 | $120,070,546 | 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: Michael K Rosner — $1,305,822 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael K Rosner | Physician | 40 | $1,305,822 |
| Paul Lin | Physician | 40 | $999,724 |
| Michael J Olding | Physician | 40 | $981,722 |
| Anton Sidawy Md | Chair Trustee and Secretary | 40 | $951,227 |
| Steven Boyce | Physician | 40 | $927,783 |
| Sharad Goyal | Physician | 40 | $822,342 |
| Nancy Gaba Md | Former Chair Trustee and Secretary | 40 | $673,270 |
| Jeffrey Berger | Former Chairman, Dept of Anesth. | 40 | $658,155 |
| Robert Zeman | Former Chair Trustee | 40 | $634,124 |
| William Borden | Int. Chair, Dept of Med | 40 | $598,484 |
| Robert Shesser | Chairman, Dept of Emergency Medicine | 40 | $586,644 |
| Chris Smedley | Coo | 40 | $468,853 |
| Michael Knight | Former Chair Trustee | 40 | $163,916 |
| Rico Wade | Chief Human Resource Officer | 40 | $149,109 |
| Robin Nichols | Former Cfo | 40 | $106,252 |
| Alan G Wasserman | Former Chair, Dept of Med | 1 | — |
| Barbara Bass Md | Ceo - Ex Officio | 15 | — |
| Bruno Fernandes | President-appt Trustee & Treasurer | 1 | — |
| Deborah Joelson | Trustee | 0.5 | — |
| D Wayne Brackin | Trustee | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Savista LLC | Revenue-cycle Management Services | $28,191,957 |
| Epic Systems Corporation | It Services | $5,381,762 |
| Clearpath Operations LLC | It Services | $2,550,397 |
| Bravo Facility Services | Janitorial Services | $2,307,399 |
| Bdc Advisors LLC | Consulting Services | $1,944,000 |
Grants received · $53.6M total
31 grants to Medical Faculty Associates Inc totaling $53.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| George Washington University | Subaward | 2023 | $3,526,000 |
| George Washington University | Joint fundraising campaign | 2023 | $1,264,000 |
| George Washington University | Subaward | 2022 | $3,925,000 |
| George Washington University | Joint fundraising campaign | 2022 | $422,000 |
| George Washington University | Subaward | 2021 | $3,989,000 |
| George Washington University | Joint fundraising campaign | 2021 | $406,000 |
| Northwestern University | Support of research activities | 2021 | $297,491 |
| Amyotrophic Lateral Sclerosis Assn | Annual grant payment fy22 center of excellence/research | 2021 | $25,000 |
| American Cancer Society Inc | Patient support | 2021 | $15,000 |
| Drexel University | Research | 2021 | $9,179 |
| George Washington University | Subaward | 2020 | $3,240,000 |
| George Washington University | Joint fundraising campaign | 2020 | $481,000 |
| Northwestern University | Support of research activities | 2020 | $103,723 |
| George Washington University | Subaward | 2019 | $3,250,000 |
| George Washington University | Joint fundraising campaign | 2019 | $350,000 |
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Frequently asked questions
- Is Medical Faculty Associates Inc a legitimate nonprofit?
- Yes. Medical Faculty Associates Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2220700, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Medical Faculty Associates Inc's EIN?
- Medical Faculty Associates Inc's Employer Identification Number (EIN) is 52-2220700.
- How much revenue does Medical Faculty Associates Inc report?
- Medical Faculty Associates Inc reported $389,496,459 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Medical Faculty Associates Inc's spending goes to programs?
- Medical Faculty Associates Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Medical Faculty Associates Inc have?
- CharityIndex grades Medical Faculty Associates Inc C, based on program efficiency and fundraising cost.
- How much does Medical Faculty Associates Inc's highest-paid employee make?
- The highest reported compensation on Medical Faculty Associates Inc's latest Form 990 is $1,305,822, paid to Michael K Rosner (Physician).
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Data for Medical Faculty Associates Inc (EIN 52-2220700) 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.