Temple Faculty Practice Plan Inc
90% goes to programs $0 to raise $100 Thin reserves Growing revenue
Temple Faculty Practice Plan Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2019, with $418,082,985 in FY2023 revenue. CharityIndex grades it C+, and it directs about 90% of spending to programs.
3509 N Broad St Boyer Pav 225, Philadelphia, PA, 19140 EIN 83-1002191 Since 2019
Revenue (FY2023)
$418.1M
▲ 17.8% vs prior year
Health median: $840K
Expenses (FY2023)
$426.7M
Net assets
-$15.9M
Employees
807
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating90% 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 Temple Faculty Practice Plan Inc: 90% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 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 Temple Faculty Practice Plan Inc: 0 mo reserves · -2% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Temple Faculty Practice Plan Inc: 5 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 Temple Faculty Practice Plan Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of temple faculty practice plan, inc. is to provide access to the highest quality of clinical care to the patients of north and northeast philadelphia and surrounding areas, and to support the clinical, administrative, and corporate activities of temple university health system while continuing to support the academic and research mission of temple university's lewis katz school of medicine.
Contact & location
- Address
- 3509 N Broad St Boyer Pav 225, Philadelphia, PA, 19140
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $320.9M (FY2019) to $418.1M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $120.1MNet assets -$15.9M
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$104.2M
Total liabilities
$120.1M
Net assets
-$15.9M
Salaries & benefits
$293.1M
69% of expenses
Board members
13
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $418,082,985▲17.8% | $426,653,070▲22.9% | -$15,904,802▼117% | $104,188,814▼14.7% | 990 |
| 2022 | $354,953,300▼1.7% | $347,171,653▼6.6% | -$7,334,717▲51.5% | $122,187,319▲11.2% | 990 |
| 2021 | $360,954,496▲5.6% | $371,860,911▲11.2% | -$15,116,364▼259% | $109,919,733▼6.4% | 990 |
| 2020 | $341,896,672▲6.5% | $334,430,263▲5.2% | -$4,209,949▲63.9% | $117,460,054▲30.0% | 990 |
| 2019 | $320,908,145 | $317,893,751 | -$11,676,358 | $90,352,489 | 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: Yoshiya Toyoda — $1,349,922 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Yoshiya Toyoda | Professor Clinician Scholar | 50 | $1,349,922 |
| Kadir Erkmen | Professor Clinician Scholar | 50 | $1,037,684 |
| Daniel Eun | Professor Clinician Scholar | 50 | $913,156 |
| Joseph Friedberg | Professor Clinician Scholar | 50 | $907,174 |
| Curtis Miyamoto Md | Chair | 49 | $745,336 |
| Michael Weaver | Professor Clinician Scholar | 50 | $728,475 |
| Claire Raab | President & Ceo | 47 | $699,919 |
| Daniel Edmundowicz | Director | 50 | $503,163 |
| Thomas Santora | Director | 50 | $486,183 |
| Gerard Criner | Director | 50 | $468,586 |
| Desiree Sokoli | Chief Operating Officer | 50 | $432,187 |
| Cherie Erkmen | Director | 50 | $414,914 |
| Rachel Rubin | Director | 50 | $377,046 |
| Ellen M Tedaldi Md | Vice Chair | 50 | $218,861 |
| Dr Amy Goldberg | Director | 43 | $95,238 |
| Abhinav Rastogi | Director | 2 | — |
| Christopher Mcnichol | Director | 2 | — |
| Ernest Ngirimana | Treasurer | 2 | — |
| John Ryan | Secretary | 2 | — |
| Lon Greenberg | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Temple University Hospital Inc | Management Services | $20,869,880 |
| Temple Physicians Inc | Physician Services | $6,763,755 |
| Fccc Medical Group Inc | Physician Services | $4,151,317 |
| Change Healthcare LLC | Technology Services | $2,664,245 |
| Temple University Health System Inc | Management Services | $1,010,716 |
Grants received · $11.4M total
8 grants to Temple Faculty Practice Plan Inc totaling $11.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Institute For Healthcare Improvement | Health care | 2024 | $35,000 |
| Temple University Hospital Inc | General support | 2023 | $1,470,000 |
| Temple University Hospital Inc | General support | 2022 | $1,225,000 |
| Temple University Health System Inc | General support | 2022 | $245,000 |
| Temple University Hospital Inc | General support | 2021 | $1,470,000 |
| Temple University Hospital Inc | General support | 2020 | $1,470,000 |
| Temple University Health System Inc | Tuhic dividend | 2019 | $4,000,000 |
| Temple University Hospital Inc | General support | 2019 | $1,470,000 |
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Compare Temple Faculty Practice Plan Inc
Frequently asked questions
- Is Temple Faculty Practice Plan Inc a legitimate nonprofit?
- Yes. Temple Faculty Practice Plan Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-1002191, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Temple Faculty Practice Plan Inc's EIN?
- Temple Faculty Practice Plan Inc's Employer Identification Number (EIN) is 83-1002191.
- How much revenue does Temple Faculty Practice Plan Inc report?
- Temple Faculty Practice Plan Inc reported $418,082,985 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Temple Faculty Practice Plan Inc's spending goes to programs?
- Temple Faculty Practice Plan Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Temple Faculty Practice Plan Inc have?
- CharityIndex grades Temple Faculty Practice Plan Inc C+, based on program efficiency and fundraising cost.
- How much does Temple Faculty Practice Plan Inc's highest-paid employee make?
- The highest reported compensation on Temple Faculty Practice Plan Inc's latest Form 990 is $1,349,922, paid to Yoshiya Toyoda (Professor Clinician Scholar).
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Explore more
Data for Temple Faculty Practice Plan Inc (EIN 83-1002191) 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.