Civic Intelligence

The Arnold Gold Foundation

EIN 22-3052098 • 501(c)3 • Fort Lee, NJ

Profile

The gold foundation champions humanism in healthcare, which we define as compassionate, collaborative, and scientifically excellent care. This gold standard of care embraces all and targets barriers to such care. We empower experts, learners, and leaders to together create systems and cultures that support humanistic care for all.

2125 Center Avenue Suite 305Fort Lee, NJ 07024

www.gold-foundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.23x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

9th percentile

-31%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

2.3%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.4%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$13,141,840

Up $294,510 (+2.3%) from 2023

Liabilities

Up

$683,796

Up $207,186 (+43%) from 2023

Net Assets

Up

$12,458,044

Up $87,324 (+0.7%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin9th percentile

Revenue

Up

$2,988,744

Up $154,429 (+5.4%) from 2023

Expenses

Down

$3,924,350

Down $67,484 (-1.7%) from 2023

Net Income

Up

-$935,606

Up $221,913 (+19%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $14,949,437Liabilities 2011: $1,092,826Net Assets 2011: $13,856,6112011Assets 2012: $15,168,431Liabilities 2012: $710,081Net Assets 2012: $14,458,3502012Assets 2013: $17,807,036Liabilities 2013: $1,103,085Net Assets 2013: $16,703,9512013Assets 2014: $16,560,637Liabilities 2014: $1,228,545Net Assets 2014: $15,332,0922014Assets 2015: $13,548,741Liabilities 2015: $730,460Net Assets 2015: $12,818,2812015Assets 2016: $12,910,827Liabilities 2016: $579,923Net Assets 2016: $12,330,9042016Assets 2017: $12,264,922Liabilities 2017: $700,052Net Assets 2017: $11,564,8702017Assets 2018: $10,853,993Liabilities 2018: $519,187Net Assets 2018: $10,334,8062018Assets 2019: $12,757,770Liabilities 2019: $521,855Net Assets 2019: $12,235,9152019Assets 2020: $14,634,263Liabilities 2020: $802,483Net Assets 2020: $13,831,7802020Assets 2021: $15,854,523Liabilities 2021: $701,843Net Assets 2021: $15,152,6802021Assets 2022: $12,966,875Liabilities 2022: $577,104Net Assets 2022: $12,389,7712022Assets 2023: $12,847,330Liabilities 2023: $476,610Net Assets 2023: $12,370,7202023Assets 2024: $13,141,840Liabilities 2024: $683,796Net Assets 2024: $12,458,0442024

Highlighted filing

2024

Assets$13,141,840
Liabilities$683,796
Net Assets$12,458,044
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,837,121Expenses 2011: $2,614,772Net Income 2011: $222,3492011Revenue 2012: $3,287,477Expenses 2012: $2,755,414Net Income 2012: $532,0632012Revenue 2013: $3,883,915Expenses 2013: $4,069,792Net Income 2013: -$185,8772013Revenue 2014: $4,236,891Expenses 2014: $4,647,326Net Income 2014: -$410,4352014Revenue 2015: $2,911,420Expenses 2015: $3,891,212Net Income 2015: -$979,7922015Revenue 2016: $3,193,545Expenses 2016: $3,827,468Net Income 2016: -$633,9232016Revenue 2017: $2,421,195Expenses 2017: $3,809,198Net Income 2017: -$1,388,0032017Revenue 2018: $3,250,185Expenses 2018: $3,053,262Net Income 2018: $196,9232018Revenue 2019: $5,175,379Expenses 2019: $3,074,813Net Income 2019: $2,100,5662019Revenue 2020: $2,891,004Expenses 2020: $2,618,166Net Income 2020: $272,8382020Revenue 2021: $3,510,567Expenses 2021: $3,014,916Net Income 2021: $495,6512021Revenue 2022: $3,271,920Expenses 2022: $3,670,700Net Income 2022: -$398,7802022Revenue 2023: $2,834,315Expenses 2023: $3,991,834Net Income 2023: -$1,157,5192023Revenue 2024: $2,988,744Expenses 2024: $3,924,350Net Income 2024: -$935,6062024

Highlighted filing

2024

Revenue$2,988,744
Expenses$3,924,350
Net Income-$935,606
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$13,141,840
Liabilities
$683,796
Net assets
$12,458,044
Revenue
$2,988,744
Expenses
$3,924,350
Net income
-$935,606
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$0.68$12.5$2.99$3.92$0.94
2023Detailed filing. Detailed filing data is available for this year.$12.8$0.48$12.4$2.83$3.99$1.16
2022Detailed filing. Detailed filing data is available for this year.$13.0$0.58$12.4$3.27$3.67$0.40
2021Detailed filing. Detailed filing data is available for this year.$15.9$0.70$15.2$3.51$3.01$0.50
2020Detailed filing. Detailed filing data is available for this year.$14.6$0.80$13.8$2.89$2.62$0.27
2019Detailed filing. Detailed filing data is available for this year.$12.8$0.52$12.2$5.18$3.07$2.10
2018Detailed filing. Detailed filing data is available for this year.$10.9$0.52$10.3$3.25$3.05$0.20
2017Summary only. Only limited summary data is available for this year.$12.3$0.70$11.6$2.42$3.81$1.39
2016Summary only. Only limited summary data is available for this year.$12.9$0.58$12.3$3.19$3.83$0.63
2015Summary only. Only limited summary data is available for this year.$13.5$0.73$12.8$2.91$3.89$0.98
2014Summary only. Only limited summary data is available for this year.$16.6$1.23$15.3$4.24$4.65$0.41
2013Summary only. Only limited summary data is available for this year.$17.8$1.10$16.7$3.88$4.07$0.19
2012Summary only. Only limited summary data is available for this year.$15.2$0.71$14.5$3.29$2.76$0.53
2011Summary only. Only limited summary data is available for this year.$14.9$1.09$13.9$2.84$2.61$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.1
Gross Receipts
$3,210,046
Mission and Program Overview

Mission

The arnold gold foundation infuses the human connection into healthcare. We engage schools, health systems, companies, and individual clinicians in the joy and meaning of humanistic healthcare, so that they have the strength and knowledge to ensure patients and families are partners in collaborative, compassionate, and scientifically excellent care.

The gold foundation champions humanism in healthcare, which we define as clinically excellent care that is kind, safe, and trustworthy. We empower experts, learners, and leaders to create clinical and educational systems and cultures that support humanistic care for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,441,995$10,851,564▲ $409,569
Investments Other Securities$1,380,656$1,289,536▼ $91,120
Pledges and Grants Receivable$444,895$393,005▼ $51,890
Cash and Non-Interest-Bearing Accounts$424,010$149,483▼ $274,527
Land, Buildings, and Equipment, Net$0$16,552▲ $16,552
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$12,847,330$13,141,840▲ $294,510
Other Assets Total$155,774$441,700▲ $285,926
Liabilities
Other Liabilities$165,000$436,295▲ $271,295
Unsecured Notes Loans Payable$150,000$150,000→ $0
Accounts Payable and Accrued Expenses$0$68,125▲ $68,125
Grants Payable$64,997$28,000▼ $36,997
Deferred Revenue$96,613$1,376▼ $95,237
Total Liabilities$476,610$683,796▲ $207,186
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,708,491$10,991,685▲ $283,194
Net Assets Without Donor Restrictions$1,662,229$1,466,359▼ $195,870
Total Net Assets Fund Balance$12,370,720$12,458,044▲ $87,324
Total Liabilities and Net Assets / Fund Balance$12,847,330$13,141,840▲ $294,510

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,552$55,789$72,341
Leasehold Improvements$0$13,465$13,465
Other Securities$1,289,536--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$10,523,323$10,000▲ $1,117,713$769,271$10,881,765
2023$9,820,978$10,000▲ $1,262,694$570,349$10,523,323
2022$12,294,735-▼ $1,903,687$570,070$9,820,978
2021$11,529,685$25,000▲ $1,233,995$493,945$12,294,735
2020$10,034,377$710,621▲ $1,254,078$469,391$11,529,685
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen Reeves MdPresident and CEOFT$540,000$17,034$557,034
Joanne CorteseChief Finance & Administrative OfficerFT$201,923$27,479$229,402
Elizabeth CleekSVP, Chief Operating OfficerFT$216,292$12,568$228,860
Nina WeisbordSVP, Dev. & Strategic Partnerships (as of 6/24)FT$207,500$5,466$212,966
Diane AsciuttoChief of StaffFT$150,000$40,122$190,122
Brianne AlcalaAvp, Communications Editor-in-chiefFT$140,000$6,662$146,662
Pia Pyne-millerSr. Director, Strategy & Business Dev.FT$108,394$6,039$114,433
Judith FriedlandDirector Strategic PartnershipsFT$107,000$601$107,601

Board Members and Trustees

NameTitle
Jordan Cohen MdChair Emeritus
Richard SheerrChairman
Lisa Kravet EsqVice Chairman
Alice VilmaTrustee
Arthur H Rubenstein MbbchTrustee
Barbara LeeTrustee
Barry Waldorf EsqTrustee
Brian Benson MdTrustee
Darrell KirchTrustee
Eileen M Sullivan-marx PhdTrustee
George Thibault MdTrustee
Joe GreerTrustee
Joseph Zuckerman MdTrustee
Karen WatsonTrustee
Kimberly ManningTrustee
Lawrence G Smith Md MacpTrustee
Lorraine FrazierTrustee
Mark SeidenTrustee
Patricia SextonTrustee
Rosemarie FisherTrustee
Sandra GoldTrustee
Trista WalkerTrustee (as of 6/24)
Laurel EpsteinTrustee (thru 11/24)
Wayne RileySecretary
Jeffrey L SaltzerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,519,365
Program Service Revenue
$0
Investment Income
$292,847
Other Revenue
$176,532
All Other Contributions
$1,558,944
Change in Net Assets
$-935,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,928,915
Revenue Not Reported on Financial Statements
$59,829
Revenue Not Reported on Form 990
$1,334,257
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,263,172
Total Revenue per Form 990
$2,988,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,880,129
Other Expenses$954,344
Total Fundraising Expense$296,128
Grants and Similar Amounts Paid$89,877
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,085,274$44,126$103,165$1,232,565
Current Officers, Directors, Trustees, and Key Employees$1,081,485$43,971$102,806$1,228,262
Fees for Services Other$240,075$9,761$22,821$272,657
Conferences and Meetings$193,977$0$0$193,977
Other Employee Benefits$156,784$6,375$14,904$178,063
Payroll Taxes$153,801$6,253$14,620$174,674
Office Expenses$83,222$3,807$8,437$95,466
Grants to Domestic Orgs$89,877--$89,877
Travel$72,273$2,939$6,871$82,083
Occupancy$60,340$2,453$5,736$68,529
Pension Plan Contributions$58,610$2,383$5,572$66,565
Fees for Service Investment Mgmnt Fees$0$59,829$0$59,829
Fees for Services Accounting$47,671$1,938$4,532$54,141
Fees for Services Legal$23,660$962$2,249$26,871
Advertising$18,451$0$971$19,422
Insurance$15,244$620$1,449$17,313
Interest$0$7,692$0$7,692
Other Expenses$3,120$0$0$3,120
Depreciation Depletion$0$1,500$0$1,500
Total Functional Expenses$3,420,970$207,252$296,128$3,924,350

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,175,848
Total Expenses per Form 990$3,924,350
Expenses per Audited Statements$3,864,521
Expenses Not Reported on Form 990$311,327
Expenses Not Reported on Financial Statements$59,829
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MinnesotaMinneapolis, MNGovernmentPicker$15,000
The Ohio State Univ College of MedicineColumbus, OHGovernmentPicker$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$221,302
Fundraising Gross Income$221,302
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$808,149$150,625$25,462$125,163
Mvy$82,179$6,321$693$5,628
Total Events$890,328$156,946$156,946$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$369,893
Lease Liabilities$66,402
457(b) Plan Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

“SANDRA GOLD AND BRIAN BENSON, BOARD MEMBERS - Family relationship”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Form 990 was prepared by a nationally recognized accounting firm in conjunction with the organization's financial department. Draft form 990 was reviewed by the president & ceo and the chair of the audit committee, and then provided to the chair of the board and the chair of the finance committee, and will make it available to the entire board once finalized.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Each member of the board and key employees, prior to assuming their responsibilities for the organization, and annually thereafter, shall sign and submit the conflict of interest policy. If there is ever a potential conflict, the executive committee reviews the issue, seeks outside expert advice and insures that the foundation inures a benefit it would otherwise not receive from a business relationship with a trustee.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The board's executive committee retained a consulting firm specialized in compensation practices for non profit organizations to advise on appropriate compensation package for the president & ceo. Contemporaneous substantiation of the deliberation and decision are documented in the executive committee meeting minutes.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Arnold Gold Foundation
EIN
22-3052098
Phone
2015677999
Address
2125 CENTER AVENUE SUITE 305, FORT LEE, NJ 07024
Doing Business As
The Arnold P Gold Foundation

Signing Officer

Name
Kathleen Reeves
Title
President & CEO
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
Nj
Voting Board Members
25
Independent Board Members
24
Employees
20
Volunteers
38

Preparer

Firm
Bdo USA
Address
200 PARK AVE 38TH FLOOR, NEW YORK, NY 10166
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

“The foundation's endowment consists of several funds established to derive income to support various programs.”

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“Under gaap, an organization must recognize the financial statement effects of a tax position taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination. The foundation does not believe it has taken any materially uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. The foundation has filed for and received income tax exemptions in the jurisdictions where it is required to do so. For the year ended december 31, 2024, there were interest or penalties recorded or included in the statements of activities.”

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

“Special event direct expenses - 156946”

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

“Special event direct expenses - 156946”

Raw XML AppendixShowing 400 of 930 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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