Tidalhealth Inc
87% goes to programs Strong reserves Growing revenue
Tidalhealth Inc is a 501(c)(3) organization based in Salisbury, Maryland, registered in 1999, with $194,711,624 in FY2023 revenue. CharityIndex grades it B+, and it directs about 87% of spending to programs.
100 E Carroll St, Salisbury, MD, 21801 EIN 52-2132761 Since 1999
Revenue (FY2023)
$194.7M
▲ 8.8% vs prior year
Health median: $840K
Expenses (FY2023)
$243.3M
Net assets
$775.6M
Employees
5,778
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
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 rating87% to programs
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 Tidalhealth Inc: 87% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating38 mo reserves · -25% 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 Tidalhealth Inc: 38 mo reserves · -25% margin earns a C+ 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 Tidalhealth 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 Tidalhealth Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve the health of the communities we serve.
Contact & location
- Address
- 100 E Carroll St, Salisbury, MD, 21801
- City
- Salisbury
- State
- Maryland
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6 (FY2013) to $194.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $153.1MNet assets $775.6M
Operating margin
-25.0%
Spent more than it raised in the latest fiscal year.
Total assets
$928.7M
Total liabilities
$153.1M
Net assets
$775.6M
Salaries & benefits
$158.2M
65% of expenses
Board members
15
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $194,711,624▲8.8% | $243,301,933▲4.6% | $775,585,527▲13.0% | $928,715,887▲9.4% | 990 |
| 2022 | $179,012,279▲42.5% | $232,507,559▲21.5% | $686,576,911▼0.5% | $848,592,168▲3.0% | 990 |
| 2021 | $125,589,713▲41.4% | $191,323,860▲33.9% | $690,032,700▼15.1% | $824,220,157▼12.7% | 990 |
| 2020 | $88,803,242▲7404% | $142,851,257▲5156% | $812,364,499▲19.4% | $944,636,875▲20.1% | 990 |
| 2019 | $1,183,475▼32.7% | $2,718,058▼24.4% | $680,128,961▲19.2% | $786,747,162▲37.0% | 990 |
| 2018 | $1,758,799▲319% | $3,594,727▲47.6% | $570,632,264▲7.8% | $574,291,404▲8.0% | 990 |
| 2017 | $420,079▲385% | $2,435,279▲40.9% | $529,315,324▲15.3% | $531,837,647▲15.7% | 990 |
| 2016 | $86,687▲349% | $1,728,249 | $459,042,393▲5.4% | $459,748,847▲5.5% | 990 |
| 2015 | -$34,762▼1158833% | $0▼100% | $435,588,691▼3.4% | $435,861,566▼3.4% | 990 |
| 2014 | $3▼50.0% | $6,615 | $450,932,153▲6.7% | $451,127,268▲6.7% | 990 |
| 2013 | $6 | $0 | $422,686,196▲16.5% | $422,686,196▲16.5% | 990 |
| 2012 | — | $0 | $362,750,384▲8.7% | $362,750,384▲8.7% | 990 |
| 2011 | — | $0 | $333,580,968 | $333,580,968 | 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: William Doran Do — $1,256,954 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Doran Do | Physician | 40 | $1,256,954 |
| Steven Leonard | President/ceo | 1 | $1,182,770 |
| Zachary Baker Md | Physician | 40 | $1,140,552 |
| Steven Hearne Md | Physician | 40 | $1,066,769 |
| Emmanuel Nsah Md | Physician | 40 | $1,005,994 |
| John Hamilton Md | Physician | 40 | $998,472 |
| Lura Lunsford | V.p. Operations | 1 | $817,408 |
| Trudy Hall Md | V.p. Chief Medical Officer | 1 | $602,369 |
| Stephanie Gary | Cfo | 1 | $589,051 |
| Bruce Ritchie | Former Cfo (thru 01/23) | 0 | $426,118 |
| Vel Natesan Md | Board Member/physician | 1 | $63,144 |
| Ryan Mclaughlin | Immediate Past Chairperson | 2 | $22,500 |
| Memo Diriker | Chairperson (beg 11/23) | 5 | $7,500 |
| Andrea Williams | Secretary/treasurer (beg 11/23) | 1 | — |
| David Rommel | Vice-chairman (beg 11/23) | 2 | — |
| Deborah Abbott | Board Member (thru 12/23) | 1 | — |
| Heidi Anderson | Board Member | 1 | — |
| Herbert J Geary III | Board Member | 1 | — |
| Julius Zant Md | Board Member (beg 01/24) | 1 | — |
| Karen Poisker | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Intermed Group | Biomedical Services | $8,078,456 |
| Focusone Solutions LLC | Temporary Labor Services | $8,053,588 |
| Epic Systems Corporation | Technical Services | $5,887,615 |
| Crothall Services | Environmental Services | $5,396,101 |
| Apogee Medical Management | Hospitalist Services | $4,260,830 |
Grants received · $100K total
1 grant to Tidalhealth Inc totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $100,000 |
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Frequently asked questions
- Is Tidalhealth Inc a legitimate nonprofit?
- Yes. Tidalhealth Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2132761, based in Salisbury, Maryland. Donations are tax-deductible.
- What is Tidalhealth Inc's EIN?
- Tidalhealth Inc's Employer Identification Number (EIN) is 52-2132761.
- How much revenue does Tidalhealth Inc report?
- Tidalhealth Inc reported $194,711,624 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Tidalhealth Inc's spending goes to programs?
- Tidalhealth Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Tidalhealth Inc have?
- CharityIndex grades Tidalhealth Inc B+, based on program efficiency and fundraising cost.
- How much does Tidalhealth Inc's highest-paid employee make?
- The highest reported compensation on Tidalhealth Inc's latest Form 990 is $1,256,954, paid to William Doran Do (Physician).
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Data for Tidalhealth Inc (EIN 52-2132761) 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.