Civic Intelligence

Annenberg Center for Health Sciences At

EIN 95-3382683 • 501(c)3 • Rancho Mirage, CA

39000 Bob Hope DriveRancho Mirage, CA 92270

www.annenberg.net

Siviq Scores

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

Liabilities / Assets

48th percentile

0.15x

Higher debt load relative to assets than 48% of similar nonprofits.

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

Liabilities / Revenue

66th percentile

0.43x

Higher debt load relative to revenue than 66% of similar nonprofits.

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

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

98th percentile

$1,329,232

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 26.1% of source-year revenue.

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

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

12th percentile

-21%

Faster revenue growth than 12% of similar nonprofits.

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

Assets

Down

$14,330,106

Down $1,701,519 (-11%) from 2023

Liabilities

Down

$2,187,740

Down $1,457,392 (-40%) from 2023

Net Assets

Down

$12,142,366

Down $244,127 (-2.0%) from 2023

Revenue

Down

$5,098,975

Down $1,352,246 (-21%) from 2023

Expenses

Up

$5,724,546

Up $155,144 (+2.8%) from 2023

Net Income

Down

-$625,571

Down $1,507,390 (-171%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $11,889,906Liabilities 2011: $2,455,002Net Assets 2011: $9,434,9042011Assets 2012: $9,045,606Liabilities 2012: $2,103,707Net Assets 2012: $6,941,8992012Assets 2013: $13,421,583Liabilities 2013: $5,728,567Net Assets 2013: $7,693,0162013Assets 2014: $12,577,410Liabilities 2014: $3,505,231Net Assets 2014: $9,072,1792014Assets 2015: $12,730,407Liabilities 2015: $3,184,331Net Assets 2015: $9,546,0762015Assets 2016: $12,379,067Liabilities 2016: $2,486,176Net Assets 2016: $9,892,8912016Assets 2017: $13,723,956Liabilities 2017: $3,110,756Net Assets 2017: $10,613,2002017Assets 2018: $15,221,193Liabilities 2018: $4,210,182Net Assets 2018: $11,011,0112018Assets 2019: $16,126,288Liabilities 2019: $4,681,685Net Assets 2019: $11,444,6032019Assets 2020: $14,307,482Liabilities 2020: $3,528,263Net Assets 2020: $10,779,2192020Assets 2021: $15,556,867Liabilities 2021: $3,494,984Net Assets 2021: $12,061,8832021Assets 2022: $14,312,442Liabilities 2022: $2,714,670Net Assets 2022: $11,597,7722022Assets 2023: $16,031,625Liabilities 2023: $3,645,132Net Assets 2023: $12,386,4932023Assets 2024: $14,330,106Liabilities 2024: $2,187,740Net Assets 2024: $12,142,3662024

Highlighted filing

2024

Assets$14,330,106
Liabilities$2,187,740
Net Assets$12,142,366

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $5,644,2302011Revenue 2012: $5,344,896Expenses 2012: $5,352,468Net Income 2012: -$7,5722012Revenue 2013: $5,069,563Expenses 2013: $4,611,829Net Income 2013: $457,7342013Revenue 2014: $6,653,845Expenses 2014: $5,607,280Net Income 2014: $1,046,5652014Revenue 2015: $6,533,060Expenses 2015: $5,229,530Net Income 2015: $1,303,5302015Revenue 2016: $6,000,494Expenses 2016: $5,537,664Net Income 2016: $462,8302016Revenue 2017: $5,925,376Expenses 2017: $5,828,012Net Income 2017: $97,3642017Revenue 2018: $5,611,673Expenses 2018: $5,224,083Net Income 2018: $387,5902018Revenue 2019: $6,077,691Expenses 2019: $5,824,606Net Income 2019: $253,0852019Revenue 2020: $3,808,032Expenses 2020: $4,501,869Net Income 2020: -$693,8372020Revenue 2021: $5,645,733Expenses 2021: $5,333,246Net Income 2021: $312,4872021Revenue 2022: $6,432,453Expenses 2022: $5,764,756Net Income 2022: $667,6972022Revenue 2023: $6,451,221Expenses 2023: $5,569,402Net Income 2023: $881,8192023Revenue 2024: $5,098,975Expenses 2024: $5,724,546Net Income 2024: -$625,5712024

Highlighted filing

2024

Revenue$5,098,975
Expenses$5,724,546
Net Income-$625,571

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.3$2.19$12.1$5.10$5.72$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$3.65$12.4$6.45$5.57$0.88
2022Detailed filing. Detailed filing data is available for this year.$14.3$2.71$11.6$6.43$5.76$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$3.49$12.1$5.65$5.33$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$3.53$10.8$3.81$4.50$0.69
2019Detailed filing. Detailed filing data is available for this year.$16.1$4.68$11.4$6.08$5.82$0.25
2018Detailed filing. Detailed filing data is available for this year.$15.2$4.21$11.0$5.61$5.22$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$3.11$10.6$5.93$5.83$0.10
2016Detailed filing. Detailed filing data is available for this year.$12.4$2.49$9.89$6.00$5.54$0.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$3.18$9.55$6.53$5.23$1.30
2014Detailed filing. Detailed filing data is available for this year.$12.6$3.51$9.07$6.65$5.61$1.05
2013Summary only. Only limited summary data is available for this year.$13.4$5.73$7.69$5.07$4.61$0.46
2012Summary only. Only limited summary data is available for this year.$9.05$2.10$6.94$5.34$5.35$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$2.46$9.43$5.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$8,092,538
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,362,185$6,859,876▲ $497,691
Savings and Temporary Cash Investments$6,006,185$6,173,074▲ $166,889
Accounts Receivable$99,975$176,891▲ $76,916
Investments Other Securities$25,471$29,097▲ $3,626
Prepaid Expenses and Deferred Charges$28,679$28,016▼ $663
Land, Buildings, and Equipment, Net$21,069$6,451▼ $14,618
Cash and Non-Interest-Bearing Accounts$400$400→ $0
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$16,031,625$14,330,106▼ $1,701,519
Other Assets Total$3,487,661$1,056,301▼ $2,431,360
Liabilities
Accounts Payable and Accrued Expenses$1,353,092$1,253,384▼ $99,708
Deferred Revenue$2,292,040$934,356▼ $1,357,684
Other Liabilities$0$0→ $0
Total Liabilities$3,645,132$2,187,740▼ $1,457,392
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,891,968$8,469,616▼ $422,352
Net Assets With Donor Restrictions$3,494,525$3,672,750▲ $178,225
Total Net Assets Fund Balance$12,386,493$12,142,366▼ $244,127
Total Liabilities and Net Assets / Fund Balance$16,031,625$14,330,106▼ $1,701,519

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,576$255,146$259,722
Leasehold Improvements$1,875$1,125$3,000
Other Assets Org$1,056,301--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,418,169-▲ $221,823-$3,639,992
2022$3,214,047-▲ $204,122-$3,418,169
2021$3,431,253-▼ $217,206-$3,214,047
2020$3,130,754-▲ $300,499-$3,431,253
2019$3,012,560-▲ $118,194-$3,130,754
Compensation and Service Providers

Board Members and Trustees

NameTitle
Merle R Bolton MdChairman
Michael HitePresident/CEO
Alan Altman MdBoard Director
Barbara Barnes Md MsBoard Director
David NearBoard Director
Joseph Green PhdBoard Director
Jr John Clancy PhdBoard Director
Kenneth WheatBoard Director
Leonard Fromer MdBoard Director
Mary Hendrix PhdBoard Director
Massoud G Dezfuli Do MbaBoard Director
William Bracciodieta Md MbaBoard Director
Mohammad Mojarad MdBoard Director (partial Year)
Sarah SteepletonDirector, Information Technology
Brett MutschlerDirector, Project Management
Anna MollDirector- Program Budget & Eval Analytics
Margot WilliamsGrant Development Director
James L Reed JrFormer Officer
Samantha Heckman EsqFormer Officer
Donald GardenierNurse Practitioner Specialist
Jason AingeSecretary
John BaylissVP, Business Development
Nick HumenVP, Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$3,670,406
Program Service Revenue
$669,111
Investment Income
$759,458
Other Revenue
$0
All Other Contributions
$3,670,406
Change in Net Assets
$-625,571

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,083,875
Revenue Not Reported on Financial Statements
$15,100
Revenue Not Reported on Form 990
$381,443
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$5,465,318
Total Revenue per Form 990
$5,098,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,874,191
Other Expenses$2,850,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,287,314$20,198$0$1,307,512
Current Officers, Directors, Trustees, and Key Employees$958,551$239,638$0$1,198,189
Other Salaries and Wages$671,068$167,767$0$838,835
Fees for Services Management$538,207$94,978$0$633,185
Other Employee Benefits$479,015$119,754$0$598,769
Advertising$268,921$0$0$268,921
Other Expenses$166,183$1,678$0$167,861
Payroll Taxes$116,062$29,016$0$145,078
Travel$120,094$8,217$0$128,311
Pension Plan Contributions$74,656$18,664$0$93,320
Office Expenses$44,433$46,877$0$91,310
Fees for Services Accounting$0$75,708$0$75,708
Occupancy$50,502$15,948$0$66,450
Information Technology$54,248$548$0$54,796
Insurance$14,700$4,900$0$19,600
Fees for Service Investment Mgmnt Fees$0$15,100$0$15,100
Depreciation Depletion$11,694$2,924$0$14,618
Conferences and Meetings$6,285$698$0$6,983
Total Functional Expenses$4,861,933$862,613$0$5,724,546

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,724,546
Expenses per Audited Statements$5,709,446
Total Expenses per Audited Statements$5,709,446
Expenses Not Reported on Financial Statements$15,100
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Eisenhower medical center is the sole corporate member of the annenberg center for health sciences.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The sole corporate member, eisenhower medical center, elects the board of directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The sole corporate member, eisenhower medical center, maintains certain reserve powers: elects the directors of the corporation; may remove directors of the corporation from office with or without cause; may appoint directors emeritus of the corporation; may adopt, amend or repeal new bylaws.

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

Review of the 990 was performed by management prior to filing and presented to the governing board after filing with the irs.

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

Annually, related parties, including officers, directors, trustees, and key employees are surveyed for transactions that could give rise to conflicts. Written questionnaires are reviewed by the governance committee to determine if additional questions or information should be documented regarding specific transactions. The governance committee reviews all statements submitted by board members who indicate a potential conflict. The governance committee advises the ceo and chairman of the board of any material conflicts so that the individual can be recused from any discussion of deliberation pertaining to the conflict.

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

The annenberg center for health sciences finance/compensation committee reviews the president/ceo's performance each year in reference to predetermined annual goals and objectives. The achs board chairman, from time to time, discusses the annenberg center president/ceo compensation package with the emc vp-hr and emc ceo to ensure that it is comparable to other emc executives. The achs finance committee has the final responsibility for approving salary and bonus amounts for the president/ceo. The annenberg center for health sciences ceo reviews the performance of executive staff and key employees each year.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

See response to part vi line 15a.

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

Annenberg center for health sciences at eisenhower releases its governing documents, conflicts of interest policy, and financial statements to the genreal public upon request. That request may be either verbal or written.

Filing and Contact Details

Filer

Filer Name
Annenberg Center for Health Sciences at Eisenhower
EIN
95-3382683
Phone
7607734534
Address
39000 BOB HOPE DRIVE, RANCHO MIRAGE, CA 92270

Signing Officer

Name
Michael Hite
Title
President/CEO
Phone
7607734534
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1979
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
18101 VON KARMAN AVENUE, IRVINE, CA 92612
Preparer
Kara Adams
Phone
9497942300
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 AND PART III, LINE 1

The annenberg center for health sciences at eisenhower believes that clinicians and patients who are well informed with the most up-to-date medical knowledge assure the best health outcomes for communities. Yet, because of overwhelming pace of new medical advances, keeping current with that knowledge is challenging. The annenberg center provides innovative and meaningful learning experiences that keep physicians, other healthcare providers, trainees and patients a step ahead of changes in healthcare. We impart knowledge to improve patient care.

Form 990, Part III, Line 4A PROGRAM SERVICE

The annenberg center accredits 11 regularly scheduled series (rss's) or recurring hospital-based education for eisenhower heal th (eh). A sample of this programming includes grand rounds, morbidity and mortality conferences, tumor conferences, cardiology conferences and quality assurance and improvement (qa&i) conferences. The annenberg center also accredits several standing programs for eisenhower each year. In fiscal year 2024, the annenberg center awarded 5,417 ce certificates to participants in eisenhower-based activities, which reliably garnered ratings above 4.7 (on a scale of 1 to 5). Further, the annenberg center developed and accredited a much larger portfolio of 288 national and a few international ce activities. In fiscal year 2024, the highest volume was 96 live courses with another 181 internet-based educational materials (typically slides with audio or audio video). Topics covered many non-surgical diagnostic and therapeutic areas, featuring oncology, hepatology, hiv/aids, gastroenterology and pediatrics. The annenberg center awarded 74,115 ce certificates to participants in these national and internationalactivities, which also drew consistent ratings above 4.7.

Form 990, Part V, Line 2A SHARED COSTS

Annenberg center for health sciences does not have employees but shares the costs of personnel, services, facilities and expenses, with its parent, eisenhower medical center.

Form 990, Part IX, Line 11G Other Fees

PROFESSIONAL FEES - Total Expense: 539820, Program Service Expense: 534422, Management and General Expenses: 5398, Fundraising Expenses: 0; HONORARIUM - Total Expense: 401010, Program Service Expense: 397000, Management and General Expenses: 4010, Fundraising Expenses: 0; PURCHASED SERVICES - Total Expense: 234976, Program Service Expense: 232628, Management and General Expenses: 2348, Fundraising Expenses: 0; PROFESSIONAL IT FEES - Total Expense: 94206, Program Service Expense: 93264, Management and General Expenses: 942, Fundraising Expenses: 0; RECRUITING AGENCIES - Total Expense: 37500, Program Service Expense: 30000, Management and General Expenses: 7500, Fundraising Expenses: 0;

Financial Statement Notes

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

Intended use of endowment funds is to provide income to support the annenberg center for health sciences at eisenhower's educational programs without affecting the principal originally donated.

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

Asc 740, income taxes, clarifies the accounting for income taxes by prescribing a minimum recognition threshold that a tax position is required to meet before being recognized in the financial statements. Asc 740 also provides guidance on derecognition, measurement, classification, interest and penalties, disclosure, and transition. The guidance is applicable to pass-through entities and tax-exempt organizations. New guidance update was issued for asc 740, asu 2019-12 simplifying the accounting for income taxes. The update attempts to clarify and enhance the guidance under several areas of asc 740. No significant tax liability for tax benefits, interest, or penalties was accrued at june 30, 2024 or 2023.

Raw XML AppendixShowing 400 of 1,021 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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