Civic Intelligence

Simi Valley Hospital Foundation

EIN 91-2135595 • 501(c)3 • Simi Valley, CA

Profile

The Simi Valley Hospital Foundation provides inspiration and opportunity for donors to assist Simi Valley Hospital in fulfilling its mission to provide high quality compassionate care.

2975 N Sycamore DrSimi Valley, CA 93065

simivalley.give.adventisthealth.org

Siviq Scores

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

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$1,210,992

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 451.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

82nd percentile

25%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

23%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,226,509

Up $241,361 (+24%) from 2023

Liabilities

Up

$56,000

Up $54,000 (+2700%) from 2023

Net Assets

Up

$1,170,509

Up $187,361 (+19%) from 2023

Revenue

Up

$268,454

Up $50,321 (+23%) from 2023

Expenses

Down

$81,093

Down $8,798 (-9.8%) from 2023

Net Income

Up

$187,361

Up $59,119 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,229,936Liabilities 2010: $108Net Assets 2010: $2,229,8282010Assets 2011: $2,528,852Liabilities 2011: $896Net Assets 2011: $2,527,9562011Assets 2012: $2,825,371Liabilities 2012: $46Net Assets 2012: $2,825,3252012Assets 2013: $3,150,765Liabilities 2013: $349Net Assets 2013: $3,150,4162013Assets 2014: $3,560,099Liabilities 2014: $1,161Net Assets 2014: $3,558,9382014Assets 2015: $4,021,244Liabilities 2015: $52,519Net Assets 2015: $3,968,7252015Assets 2016: $2,449,695Liabilities 2016: $26,161Net Assets 2016: $2,423,5342016Assets 2017: $1,497,716Liabilities 2017: $28,792Net Assets 2017: $1,468,9242017Assets 2018: $1,551,192Liabilities 2018: $30,773Net Assets 2018: $1,520,4192018Assets 2019: $1,571,512Liabilities 2019: $2,826Net Assets 2019: $1,568,6862019Assets 2020: $1,668,031Liabilities 2020: $0Net Assets 2020: $1,668,0312020Assets 2021: $840,996Liabilities 2021: $0Net Assets 2021: $840,9962021Assets 2022: $865,916Liabilities 2022: $27,995Net Assets 2022: $837,9212022Assets 2023: $985,148Liabilities 2023: $2,000Net Assets 2023: $983,1482023Assets 2024: $1,226,509Liabilities 2024: $56,000Net Assets 2024: $1,170,5092024

Highlighted filing

2024

Assets$1,226,509
Liabilities$56,000
Net Assets$1,170,509

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $669,3762010Revenue 2011: $381,672Expenses 2011: $83,544Net Income 2011: $298,1282011Expenses 2012: $42,5942012Revenue 2013: $393,867Expenses 2013: $68,776Net Income 2013: $325,0912013Revenue 2014: $484,387Expenses 2014: $75,865Net Income 2014: $408,5222014Revenue 2015: $507,333Expenses 2015: $97,546Net Income 2015: $409,7872015Revenue 2016: $528,165Expenses 2016: $2,073,356Net Income 2016: -$1,545,1912016Revenue 2017: $437,009Expenses 2017: $1,405,290Net Income 2017: -$968,2812017Revenue 2018: $271,790Expenses 2018: $209,573Net Income 2018: $62,2172018Revenue 2019: $264,883Expenses 2019: $220,844Net Income 2019: $44,0392019Revenue 2020: $287,125Expenses 2020: $187,780Net Income 2020: $99,3452020Revenue 2021: $113,075Expenses 2021: $942,110Net Income 2021: -$829,0352021Revenue 2022: $201,319Expenses 2022: $199,394Net Income 2022: $1,9252022Revenue 2023: $218,133Expenses 2023: $89,891Net Income 2023: $128,2422023Revenue 2024: $268,454Expenses 2024: $81,093Net Income 2024: $187,3612024

Highlighted filing

2024

Revenue$268,454
Expenses$81,093
Net Income$187,361

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.06$1.17$0.27$0.08$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.98$0.22$0.09$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.03$0.84$0.20$0.20$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.11$0.94$0.83
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.29$0.19$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.26$0.22$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.55$0.03$1.52$0.27$0.21$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.03$1.47$0.44$1.41$0.97
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.03$2.42$0.53$2.07$1.55
2015Summary only. Only limited summary data is available for this year.$4.02$0.05$3.97$0.51$0.10$0.41
2014Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$0.48$0.08$0.41
2013Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.39$0.07$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.00$2.83$0.04
2011Summary only. Only limited summary data is available for this year.$2.53$0.00$2.53$0.38$0.08$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.00$2.23$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$268,454
Mission and Program Overview

Mission

The Simi Valley Hospital Foundation provides inspiration and opportunity for donors to assist Simi Valley Hospital in fulfilling its mission to provide high quality compassionate care.

To build community relationships that encourage financial support for Simi Valley Hospital and fund hospital projects for identified community projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$828,125$1,142,065▲ $313,940
Pledges and Grants Receivable$48,773$75,050▲ $26,277
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$985,148$1,226,509▲ $241,361
Other Assets Total$108,250$9,394▼ $98,856
Liabilities
Other Liabilities$2,000$56,000▲ $54,000
Total Liabilities$2,000$56,000▲ $54,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$554,613$639,999▲ $85,386
Net Assets With Donor Restrictions$428,535$530,510▲ $101,975
Total Net Assets Fund Balance$983,148$1,170,509▲ $187,361
Total Liabilities and Net Assets / Fund Balance$985,148$1,226,509▲ $241,361

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$428,535$174,037-$72,063$530,509
2023$355,109$156,962-$83,536$428,535
2022$383,827$146,007-$174,725$355,109
2021$680,858$39,724-$336,755$383,827
2020$625,416$242,282-$186,840$680,858
Compensation and Service Providers

Board Members and Trustees

NameTitle
Garg AnilChairman
Gandel AlexPast Chair
LaBorde ElizabethPresident
Stiles KathrynPresident
Little EricVice Chair
Arbuckle EricBoard Member
Berlin MonicaBoard Member
Finch JakeBoard Member
Freeman ElaineBoard Member
Gharzeddine JennaBoard Member
Issai AliceBoard Member
Kestly MaggieBoard Member
Kurohara JonathanBoard Member
Luckey AndrewBoard Member
Malan JohnBoard Member
Margolis DannyBoard Member
Reynolds BarbaraBoard Member
Roark JaimeeBoard Member
Skidmore RodBoard Member
Swenson JenniferBoard Member
Torres JesusBoard Member
Yu AlfredBoard Member
Hale BenSecretary
Combis Theodore thru 824Treasurer
Shepardson Dean eff 824Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$194,822
Program Service Revenue
$0
Investment Income
$73,632
Other Revenue
$0
All Other Contributions
$194,822
Change in Net Assets
$187,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$71,816
Other Expenses$9,277
Total Fundraising Expense$4,234
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,816--$71,816
Advertising-$4,296-$4,296
Information Technology--$1,500$1,500
Fees for Services Other--$1,200$1,200
Office Expenses--$961$961
Other Expenses-$747$435$435
Total Functional Expenses$71,816$5,043$4,234$81,093
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Simi Valley Hosp & Hlth CareSimi Valley, CA501(c)(3)Operations$71,816
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Payable to Related Org$56,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The Foundation is organized as a not-for-profit supporting organization. The sole corporate member is Western Health Resources, a California not-for-profit religious corporation

Form 990, Part VI, Section A, Line 7A

The sole member, Western Health Resources, elects the Foundation's Board of Directors. The authorized number of directors also includes ex-officio members according to each Foundation's bylaws.

Form 990, Part VI, Section A, Line 7B

The sole corporate member, Western Health Resources, must approve all changes to the articles of incorporation and bylaws.

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

This Form 990 including all supporting schedules was prepared by a public accounting firm, reviewed by the Corporate Finance Officer and Market Financial Officer, and shared by electronic communication with the Corporation's Board of Directors prior to filing.

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

During the first quarter of each year, the annual conflict of interest questionnaire is sent to board members, hospital officers, key employees and department directors for completion and signature. The questionnaire is accompanied by a letter of explanation, to illustrate examples of a conflict and to remind the recipient that if any perceived conflict should arise before the next annual questionnaire, he/she is to notify the CEO market president immediately.The System General Counsel distributes, collects, and reviews for signatures the COIs for all applicable Corporate employees, stakeholders and the board. In addition, the hospital's administration is responsible for keeping record to ensure all hospital-based individuals with director and above positions have submitted their COIs. The Corporate System General Counsel reviews all the disclosures on the board and Corporate employees' COIs. The System General Counsel retains the COIs for all individuals. Copies for the officers and key employees' COIs are kept in their personnel files. Further inquiries on any potential significant conflicts are made as needed. Conflicts are documented and reviewed with the Board.

Form 990, Part VI, Section C, Line 19

The Foundation does not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Simi Valley Hospital Foundation
EIN
91-2135595
Phone
8059556670
Address
2975 N Sycamore Dr, Simi Valley, CA 93065

Signing Officer

Name
LaBorde Elizabeth
Title
President
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
LaBorde Elizabeth
Formed
2001
Legal Domicile
CA
Voting Board Members
22
Independent Board Members
18
Employees
0

Preparer

Firm
The Accountancy Llp
Address
500 N BRAND BLVD STE 1930, GLENDALE, CA 91203
Preparer
Steve Clement
Phone
8185475701
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item J - Website

https://www.adventisthealth.org/simi-valley/about-us/ahsv-foundation/about-the-foundation

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Board-designated, temporary and permanently restricted endowment funds are for specified operating and capital projects. The funds are released as project costs are expended.

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IRS990/Desc0The Simi Valley Hospital Foundation is an IRC 501(c)(3) not-for-profit organization. Our purpose is to support the mission of Simi Valley Hospital and Health Services in improving the quality of life and health in our community. We do this by:1. Building strong philanthropic support to meet capital and funding needs of the hospital.2. Ensuring appropriate stewardship by demonstrating an ethical and fiduciary responsibility to our donors and supporters.3. Developing excellent relationships with the community at large, and within the hospital in order to support our ministry of philanthropy.4. Working with community partners, organizations and volunteers.The following story illustrates how Adventist Health Simi Valley works to provide quality care for our community and why our Foundation has such a passion for raising funds to continue improving the care we can provide:For many men, the symptoms of an enlarged prostate (BPH) can creep in gradually small inconveniences that eventually turn into major disruptions. That was the case for a dedicated sports coach and father of two, Jay Garcia, who found himself struggling with frequent urination, discomfort and sleepless nights. His journey led him to Desiree Sanchez, MD, a trusted urologist at Adventist Health Simi Valley, and ultimately to life-changing relief through aquablation therapy.As a full-time sports coach, his days were packed with practices, games and mentoring athletes. But off the field, Jay's health was beginning to have an impact on his daily life in ways he couldnt ignore.I couldnt fully relax until I was home. Throughout the day, I managed to keep things under control, but once I was home, the urgency became overwhelming, he recalls. Nights were even worse waking up four to five times a night, sleep deprivation became his new normal. I couldnt remember the last time I had more than two hours of uninterrupted sleep.Like many men, Jay tried to manage the condition on his own staying active, eating healthy and even relying on an urgent care physician for routine checkups. But after years of makeshift solutions and costly visits that didnt yield long-term results, he realized he needed a specialist. Thats when he was referred to Dr. Sanchez.Meeting Dr. Sanchez was a turning point. She asked the right questions, made it easy to talk about, and helped me understand this wasnt something I could just fix on my own. Her words stuck with him: Youre going to love who you become.With her guidance, he moved forward with surgery, expecting a traditional procedure for BPH. It wasnt until after his operation that he learned he had undergone aquablation therapy a cutting-edge, minimally invasive treatment using the power of water to precisely remove excess prostate tissue.I was excited and focused on the day after surgery, he says. Any nerves he had disappeared once he experienced the warmth and professionalism of the Adventist Health Simi Valley team. They put socks on my feet, made me feel comfortable and took incredible care of me. I was worried about things that never even happened.Post-surgery, he was amazed at the difference. While there was some discomfort, it was nothing compared to what he had endured before. Within three days, he was back on the baseball field, feeling like himself again.Now, just months after the procedure, Jay feels like a new man. 100% I love who Ive become. He no longer rushes to the bathroom mid-practice or mid-conversation. He can bend over without discomfort. Most importantly, he can finally sleep through the night.For years, he had been hesitant to seek treatment, believing he could manage on his own. Being Latino, I was resistant. I minimized it; I tried to handle it myself. But we only know what we know until someone talks to us about something different.Now, as he looks ahead, he cant believe how much better he feels already. At one month, I felt pretty good. At two months, I feel great. I cant imagine what three months and beyond will feel lik
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