Civic Intelligence

Educational Commission For

990 • Fiscal year 2023 • EIN 36-2367980

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

3624 Market Street 4th FLPhiladelphia, PA 19104

(215) 823-2293

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.14x

Higher debt load relative to assets than 33% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

43rd percentile

0.37x

Higher debt load relative to revenue than 43% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

62nd percentile

7.0%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$1,113,315

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Up

$213,695,755

Up $24,085,092 (+13%) from 2022

Net Assets

Up

$184,252,856

Up $20,641,242 (+13%) from 2022

Liabilities

Up

$29,442,899

Up $3,443,850 (+13%) from 2022

Revenue

Up

$79,099,476

Up $13,045,509 (+20%) from 2022

Expenses

Up

$73,526,769

Up $18,123,669 (+33%) from 2022

Net Income

Down

$5,572,707

Down $5,078,160 (-48%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2011: $123,221,940Liabilities 2011: $30,158,826Net Assets 2011: $93,063,1142011Assets 2012: $138,217,387Liabilities 2012: $29,189,137Net Assets 2012: $109,028,2502012Assets 2013: $159,980,955Liabilities 2013: $29,607,307Net Assets 2013: $130,373,6482013Assets 2015: $170,918,196Liabilities 2015: $31,250,481Net Assets 2015: $139,667,7152015Assets 2016: $180,506,679Liabilities 2016: $33,766,293Net Assets 2016: $146,740,3862016Assets 2017: $197,832,531Liabilities 2017: $31,108,904Net Assets 2017: $166,723,6272017Assets 2018: $184,377,964Liabilities 2018: $32,559,466Net Assets 2018: $151,818,4982018Assets 2019: $215,924,093Liabilities 2019: $47,369,940Net Assets 2019: $168,554,1532019Assets 2020: $222,361,897Liabilities 2020: $62,230,026Net Assets 2020: $160,131,8712020Assets 2021: $218,692,756Liabilities 2021: $36,927,931Net Assets 2021: $181,764,8252021Assets 2022: $189,610,663Liabilities 2022: $25,999,049Net Assets 2022: $163,611,6142022Assets 2023: $213,695,755Liabilities 2023: $29,442,899Net Assets 2023: $184,252,8562023Assets 2024: $221,534,367Liabilities 2024: $25,999,834Net Assets 2024: $195,534,5332024

Highlighted filing

2023

Assets$213,695,755
Liabilities$29,442,899
Net Assets$184,252,856

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2011: $53,124,6792011Expenses 2012: $56,054,4902012Revenue 2013: $65,663,474Expenses 2013: $55,880,529Net Income 2013: $9,782,9452013Revenue 2015: $77,462,377Expenses 2015: $64,875,612Net Income 2015: $12,586,7652015Revenue 2016: $75,867,961Expenses 2016: $70,643,156Net Income 2016: $5,224,8052016Revenue 2017: $81,970,401Expenses 2017: $72,349,353Net Income 2017: $9,621,0482017Revenue 2018: $89,938,352Expenses 2018: $80,682,380Net Income 2018: $9,255,9722018Revenue 2019: $90,234,932Expenses 2019: $85,950,599Net Income 2019: $4,284,3332019Revenue 2020: $54,590,689Expenses 2020: $73,540,766Net Income 2020: -$18,950,0772020Revenue 2021: $72,786,979Expenses 2021: $53,179,236Net Income 2021: $19,607,7432021Revenue 2022: $66,053,967Expenses 2022: $55,403,100Net Income 2022: $10,650,8672022Revenue 2023: $79,099,476Expenses 2023: $73,526,769Net Income 2023: $5,572,7072023Revenue 2024: $93,576,267Expenses 2024: $74,922,914Net Income 2024: $18,653,3532024

Highlighted filing

2023

Revenue$79,099,476
Expenses$73,526,769
Net Income$5,572,707
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$87,590,302
Mission and Program Overview

Mission

See sch o., form 990, part i, line 1 disclosure

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$121,157,385-
Investments Other Securities$95,867,376$55,340,866▼ $40,526,510
Investments Program Related$36,076,771$0▼ $36,076,771
Land, Buildings, and Equipment, Net$16,297,000$22,734,818▲ $6,437,818
Savings and Temporary Cash Investments$6,338,812$6,244,681▼ $94,131
Prepaid Expenses and Deferred Charges$2,656,807$3,299,533▲ $642,726
Accounts Receivable$28,629,641$1,954,485▼ $26,675,156
Cash and Non-Interest-Bearing Accounts$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Total Assets$189,610,663$213,695,755▲ $24,085,092
Other Assets Total$3,744,256$2,963,987▼ $780,269
Liabilities
Deferred Revenue$10,032,011$10,673,216▲ $641,205
Accounts Payable and Accrued Expenses$6,192,209$10,643,680▲ $4,451,471
Other Liabilities$9,774,829$8,126,003▼ $1,648,826
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$25,999,049$29,442,899▲ $3,443,850
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$163,611,614$184,252,856▲ $20,641,242
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$163,611,614$184,252,856▲ $20,641,242
Total Liabilities and Net Assets / Fund Balance$189,610,663$213,695,755▲ $24,085,092

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$18,928,356$23,534,886$42,463,242
Leasehold Improvements$1,330,501$5,869,576$7,200,077
Buildings$965,285$3,235,049$4,200,334
Equipment$1,510,676$1,651,173$3,161,849
Other Securities$55,340,866--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William W Pinsky Md - BoardPresident/CEO (thru 12/31)FT$842,240$271,075$1,113,315
Steven KirkpatrickExecutive VPFT$439,227$209,933$649,160
Robert BarteltSenior VP and CIOFT$405,058$180,792$585,850
Francine KatzSenior VP and General CounselFT$410,385$175,016$585,401
Joshua M KisverSenior VP and CFOFT$382,600$175,054$557,654
Tracy WallowiczSVP External Relations & COSFT$356,154$151,659$507,813
Kara OleynSVP & Executive DirectorFT$358,855$130,877$489,732
Kathleen WilliamsonSVP & Chief People Ofcr (thru 2/28)FT$82,742$333,933$416,675
Michael SchulzAssociate CIOFT$267,368$80,425$347,793
Moncrieff WatsonAssist. VP & Chief Tech OfficerFT$263,191$75,956$339,147
Tracy GillAvp, Programs & ServicesFT$221,968$79,443$301,411
Bonnie JohnsonAssistant Vice President, ControllerFT$217,857$75,797$293,654
Elizabeth M IngrahamAvp for Comm. & Extrnl AffairsFT$215,993$74,133$290,126

Board Members and Trustees

NameTitle
Peter F Buckley MdBoard Chair
Anne-marie Irani MdBoard Member
Barbara Barzansky Phd MhpeBoard Member
Cheryll Albold Phd Ms EdBoard Member
Debra F Weinstein MdBoard Member
Donald Craig Brater MdBoard Member
Francis L Counselman MdBoard Member
Jason Z Qu MdBoard Member
John Ogunkeye MsBoard Member
Nael a Abouzaki JdBoard Member
Nyapati R Rao Md MsBoard Member
Prerna Mona Khanna Md MphBoard Member
Ricardo R Correa Md EddBoard Member
Steven Robert Craig MdBoard Member
Thomas Norris MdBoard Member
Andrew T Filak MdBoard Member (thru 12/2023)
George E Kikano MdBoard Member (thru 7/2023)

Highest Paid Contractors

ContractorServicesLocationCompensation
ScalehealthHealthcare Consultation4 SIOUX LANE, Branchburg, NJ 08876$2,708,400
Coastalcloud Holdings LLCSoftware Development Service1 HAMMOCK BEACH PARKWAY SUITE 200, Palm Coast, FL 32137$870,083
Wittkieffer Ford Hadelman Lloyd CorpExecutive Placement Service2015 SPRING RD STE 510, Oak Brk, IL 60523$462,330
Morgan Lewis & Bockius LLPLegal Services1701 MARKET STREET, Philadelphia, PA 19104$394,635
Grant Thonton Advisors LLCAudit And Tax Services33960 TREASURY CENTER, Chicago, IL 60694-3900$220,320
Revenue and Support

Revenue Composition

Contributions and Grants
$3,656
Program Service Revenue
$71,899,605
Investment Income
$7,196,215
Other Revenue
$0
All Other Contributions
$3,656
Change in Net Assets
$5,572,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,110,973
Other Expenses$30,086,602
Grants and Similar Amounts Paid$329,194
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,872,203$4,957,922-$28,830,125
Fees for Services Other$8,571,648$1,057,923-$9,629,571
Other Employee Benefits$6,608,993$548,057-$7,157,050
Information Technology$6,797,104$42,071-$6,839,175
Current Officers, Directors, Trustees, and Key Employees$3,353,460$696,467-$4,049,927
Occupancy$2,604,137$1,012,246-$3,616,383
Pension Plan Contributions$2,937,499--$2,937,499
Depreciation Depletion$1,506,279$620,773-$2,127,052
Office Expenses$892,233$295,929-$1,188,162
Fees for Service Investment Mgmnt Fees-$1,085,014-$1,085,014
Insurance$44,947$637,056-$682,003
Conferences and Meetings$19,382$504,996-$524,378
Fees for Services Legal$455,441--$455,441
Travel$55,658$318,581-$374,239
Grants to Domestic Orgs$259,194--$259,194
Fees for Services Accounting$169,052--$169,052
Payroll Taxes-$136,372-$136,372
Other Expenses$15,145$116,420-$131,565
Foreign Grants$70,000--$70,000
Advertising$69,515--$69,515
Total Functional Expenses$61,347,938$12,178,831$0$73,526,769
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Intealth (fka Faimer)Philadelphia, PA501(c)(3)Support to the Foundation$200,183
Army War CollegeCarlisle, PA501(c)(3)General Purpose$40,000

International Summary

Offices
0
Employees
0
Spending
$44,791,034

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$44,721,034
Europe (including Iceland & Greenland)GrantmakingSupport the World Federation of Medical Education Accreditation Program00$70,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Capital Lease Liability$5,561,920
Due to Nbme$2,047,763
457 (b) Plan Obligations$516,320
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The compliance, audit, and quality assurance committee of the board has been charged by the board to review the form 990 as completed by the outside auditor, grant thornton, llp prior to it being filed with the internal revenue service. All members of the compliance, audit and quality assurance committee will receive final draft copies of the form 990 are then given the opportunity to make inquiries about any information contained therein. Drafts are then provided to the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

It shall be the responsibility of all trustees and key employees to identify promptly to the chair of the board of intealth or the intealth foundation (f/k/a faimer), as appropriate, all "possible conflicts of interests" whenever they arise; to declare their lack of independence; and to refrain from any discussions or deliberations regarding the identified "possible conflicts of interest or voting on or taking any other action with respect to such matter. Failure to properly disclose a "conflict of interest" may subject the board member or key employee to disciplinary action up to and including dismissal from the board or termination of employment. Annual conflict of interest disclosure forms for board and key employees: a conflict of interest disclosure form shall be circulated annually to all current trustees and key employees. The general counsel of intealth shall make a determination annually as to which current employees of intealth and the foundation meet the definition of key employee for the purpose of the questionnaire. The conflict of interest disclosure form shall be distributed in quarter 1 of each year covering the current calendar year. Completed forms shall be returned to the secretary of the board for intealth. The board secretary shall have the responsibility to monitor the completion of requested forms and for making appropriate follow-up inquiries to non-responders. Non-responders to the secretary's requests shall be reported to the chair of the boards of intealth and the foundation as appropriate. Completed conflict disclosure forms shall be reviewed by the general counsel, or in the case of the disclosure form of the executive vice president, by the president, and a report made annually of all identified "possible conflicts of interest". Legal counsel shall render an opinion directly to the chair and president of the respective organization regarding such matters.

Form 990, Part VI, Section B, Line 15

The executive evaluation and compensation committee of the board (the eecc) has the responsibility for overseeing the determination of compensation, benefits, and other remuneration of the chief executive officer and other members of executive leadership of the corporation, and for the administration of compensation plans and policies applicable to such persons. (executive leadership). Not less frequently than every three years, the eecc shall receive and review a compensation report prepared by independent compensation consultants engaged to review and assess the reasonableness of the corporation's compensation programs for members of executive leadership. The eecc is responsible for evaluating the performance of the ceo annually relative to goals and objectives approved in advance by the eecc. Annually the eecc approves a merit increase for the ceo and reviews and approves the ceo's performance under the corporation's executive incentive compensaton (eic) plan. The eecc also approves annual eic plan performance and associated incentive distributions for other eic plan participants. Contemporaneous minutes of all eecc meetings are made reflecting the actions taken with respect to executive performance, compensation, and other matters within the scope of the eecc charter. Committee actions are summarized and reported to the board of trustees at meetings of the board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Intealth
EIN
36-2367980
Phone
2158232293
Address
3624 MARKET STREET 4TH FL, PHILADELPHIA, PA 19104

Signing Officer

Name
Joshua Kisver
Title
SVP Finance and CFO
Phone
2158232293
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Eric Holmboe
Formed
1956
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
15
Employees
384
Volunteers
17

Preparer

Firm
Grant Thornton Advisors LLC
Address
2001 MARKET STREET SUITE 700, PHILADELPHIA, PA 19103
Preparer
Alycia Solecki
Phone
2155614200
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To serve the public by: - assuring the qualifications of health care professionals - providing primary-source verification of credentials of health care professionals, as they serve throughout the world - supporting international medical graduates who seek graduate medical education in the united states

Form 990, Part III, Line 2

On may 17, 2023, ecfmg officially changed its name to intealth and integrated the activities of ecfmg and faimer into a single 501(c)3 organization. The intealth foundation's (f/k/a faimer) assets and liabilities were transferred to and assumed by intealth. The new, overarching identity and corporate structure reflects an integrated approach to operations to support health professions worldwide. Intealth brings together the expertise and resources that advance quality in health care education worldwide to improve health care for all. Through strategic integration of ecfmg and faimer, intealth offers a flexible and multi-layered portfolio of services. These services enhance and support the education and training of health care professionals, verify their qualifications required to practice, and inform the development of health workforce policies around the world. See form 990, part iii, line 4a-d for more details.

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 8,370,710. Management and general expenses 615,290. Total expenses 8,986,000. Recruitment: program service expenses 200,938. Management and general expenses 442,633. Total expenses 643,571.

Financial Statement Notes

PART X, LINE 2:

The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 1,094 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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