The Scan Foundation FY2021 filing

Tax-deductible

Long Beach, CA501(c)(3)Since 2007Human ServicesEIN 45-0552845Revenue $41.4M in FY2021

On file with the IRSthescanfoundation.org3800 Kilroy Airport Way Ste 40, 90806-2494 · Long Beach, CATax-exempt since Jan 2008Supporting organization — 509(a)(3)

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The Scan foundation's mission is to advance a coordinated and easily navigated system of high-quality services for older adults that preserve dignity and independence.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$2.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $3.9M a year · 22% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.7M
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $251K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.5M
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$41.4M
+253% vs prior year
Spent
$10.7M
To programs
79%
Net assets
$293.2M
By yearFY2020–FY2024
Revenue
$41.4M
FY2021▲ +253%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.7M
FY2021$41.4M
FY2022$9.1M
FY2023$11.5M
FY2024$13.9M
Expenses
$10.7M
FY2021▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.1M
FY2021$10.7M
FY2022$13.9M
FY2023$15.2M
FY2024$17.0M
Net assets
$293.2M
FY2021▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$247.3M
FY2021$293.2M
FY2022$248.3M
FY2023$255.2M
FY2024$259.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $8.4M Management & general 21% · $2.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $2.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$583,871Pt VII · Sec A
Secretary/Treasurer
$324,802Pt VII · Sec A
VP Policy & Communications
$311,439Pt VII · Sec A
Former President/CEO
$287,793Pt VII · Sec A
Program Officer
$171,896Pt VII · Sec A
Director of Finance
$161,038Pt VII · Sec A
Director of Policy
$158,717Pt VII · Sec A
Program Officer
$151,802Pt VII · Sec A

Mohanty Sarita a’s $670K as CEO is at the 98th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mohanty Sarita a$669,894$649,626———
Sarita a Mohanty——$628,165——
Bruce Chernof——$128,648$287,793$607,781
Sarita Mohanty———$583,871—
Alkema Gretchen—$491,681———
Heavener Anika$398,451$383,667———
Saborio Rigoberto J$349,798$302,455———
Rene Seidel——$67,181$324,802$292,815

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Scan Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and advocates for improved healthcare, financial security, and support systems to help older adults live with dignity and independence.

Questions for The Scan Foundation

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Provided by the organization

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1 program · $8.4M · in their own filed words · FY2021
01

In october 2018, the board approved the new strategic framework for 2019-2023. In this refreshed framework, the former thematic goal 1: medicare-medicaid integration, and goal 2: person-centered care, were combined into the current goal 1.

$8.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Metta FundFY2024$225K
Total grants receivedfrom 3 funders$251K
See all 3 funders →
Grants paid · 345 grants · $30.7M · 2020–2024
University of Massachusetts BostonFY2024$649,189
Public Policy LabNY · FY2024$599,560
Generation - You Employed INCDC · FY2024$348,431
Digital Medicine Society INCMA · FY2024$300,000
Public Policy LabNY · FY2024$272,943
Anne Tumlinson Innovations LLCFY2024$257,386
Generation - You Employed INCDC · FY2024$250,185
California Collaborative for LtssFY2024$233,100
Bipartisan Policy Center INCDC · FY2024$225,000
Uc DavisFY2024$199,881
Justice in AgingDC · FY2024$164,000
Providence Portland Medical CenterFY2024$159,250
Coalition for Health Ai INCMN · FY2024$150,000
See all 345 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$41.4M
Ln 12
Investment incomeLn 3$40.9M
Gifts and grantsLn 1h$470K
Money outPt IX
$10.7M
Ln 25
Programscol B$8.4M
Managementcol C$2.3M
Owns and owesPt X
$293.2M
net assets · Ln 32
Cash and savingsLn 1–2$7.4M
Total assetsLn 16$297.7M
LiabilitiesLn 26$4.5M
PeoplePt VI, VII
20
listed · VII A
PaidVII A20
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$470K
Investment incomeLn 3$40.9M
Gains on assetsLn 7$37.4M
Total revenueLn 12$41.4M
Assets in detailPt X, end of year
CashLn 1$622K
SavingsLn 2$6.8M
Cash and savings togetherLn 1–2$7.4M
InvestmentsLn 11–13$289.9M
Land, buildings, equipmentLn 10c$76K
Other assetsLn 15$18K
Total assetsLn 16$297.7M
LiabilitiesLn 26$4.5M
Net assetsLn 32$293.2M
OperationsPt I, VI
EmployeesI 514
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$4.0M$7.4M
InvestmentsLn 11–13$246.7M$289.9M
Land, buildings, equipmentLn 10c$102K$76K
Total assetsLn 16$251.1M$297.7M
LiabilitiesLn 26$3.8M$4.5M
Net assetsLn 32$247.3M$293.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.0M$5.0M
Grants to domestic individualsLn 2$163K$163K
Pay of current officers, directors and key staffLn 5$1.3M$950K$355K
Pay of disqualified personsLn 6$310K$226K$84K
Other salaries and wagesLn 7$1.2M$990K$245K
Pension plan contributionsLn 8$142K$116K$26K
Other employee benefitsLn 9$69K$56K$13K
Payroll taxesLn 10$128K$102K$26K
Management feesLn 11a$256K$256K
Legal feesLn 11b$177K$177K
Accounting feesLn 11c$117K$117K
Investment management feesLn 11f$695K$695K
Other fees for servicesLn 11g$418K$223K$195K
Office expensesLn 13$2K$1K$112
Information technologyLn 14$85K$83K$2K
OccupancyLn 16$174K$140K$35K
TravelLn 17$37K$27K$10K
Conferences, conventions and meetingsLn 19$326K$274K$52K
Depreciation, depletion and amortizationLn 22$26K$21K$5K
Other expenses (24a–d)Ln 24$10K$9K$1K
Total functional expensesLn 25$10.7M$8.4M$2.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $13.9M$17.0M−$3.1M$259.0M 990 PDF
FY2023 $11.5M$15.2M−$3.7M$255.2M 990 PDF
FY2022 $9.1M$13.9M−$4.8M$248.3M 990 PDF
FY2021 Viewing $41.4M$10.7M$30.7M$293.2M 990 PDF
FY2020 $11.7M$11.1M$658K$247.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $41,376,763 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $375,000$470,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $11,357,897$40,906,763
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,732,897$41,376,763
I-13 Grants and similar amounts paidPrior year $5,237,340$5,200,388
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,439,430$3,187,717
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,397,981$2,323,510
I-18 Total expensesPrior year $11,074,751$10,711,615
I-19 Revenue less expensesPrior year $658,146$30,665,148
Part VI · Governance 10 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $41,376,763 across 5 lines filed
VIII-1f All other contributions, gifts and grants$470,000
VIII-1h Total contributions, gifts and grants$470,000
VIII-3 Investment incomeUnrelated business −$207,721 · Excluded from tax $3,752,614$3,544,893
VIII-7 Net gain or loss on sales of assetsExcluded from tax $37,361,870$37,361,870
VIII-12 Total revenueRelated to mission $0 · Unrelated business −$207,721 · Excluded from tax $41,114,484$41,376,763
Part IX · Statement of functional expenses $10,711,615 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $5,036,943$5,036,943
IX-2 Grants to domestic individualsPrograms $163,445$163,445
IX-5 Pay of current officers, directors and key staffPrograms $949,808 · Management $354,511$1,304,319
IX-6 Pay of disqualified personsPrograms $225,874 · Management $84,306$310,180
IX-7 Other salaries and wagesPrograms $989,854 · Management $244,718$1,234,572
IX-8 Pension plan contributionsPrograms $115,866 · Management $25,743$141,609
IX-9 Other employee benefitsPrograms $56,251 · Management $13,106$69,357
IX-10 Payroll taxesPrograms $102,143 · Management $25,537$127,680
IX-11a Management feesManagement $256,497$256,497
IX-11b Legal feesManagement $176,700$176,700
IX-11c Accounting feesManagement $116,538$116,538
IX-11f Investment management feesManagement $695,490$695,490
IX-11g Other fees for servicesPrograms $223,108 · Management $194,870$417,978
IX-13 Office expensesPrograms $1,482 · Management $112$1,594
IX-14 Information technologyPrograms $82,972 · Management $2,388$85,360
IX-16 OccupancyPrograms $139,560 · Management $34,890$174,450
IX-17 TravelPrograms $27,140 · Management $9,964$37,104
IX-19 Conferences, conventions and meetingsPrograms $274,004 · Management $52,139$326,143
IX-22 Depreciation, depletion and amortizationPrograms $20,757 · Management $5,189$25,946
IX-24 Other expenses (24a–d)Programs $8,615 · Management $1,095$9,710
IX-25 Total functional expensesPrograms $8,417,822 · Management $2,293,793 · Fundraising $0$10,711,615
Part X · Balance sheet $297,722,118 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $816,853$621,543
X-2 Savings and temporary cash investmentsStart of year $3,140,286$6,792,841
X-4 Accounts receivableStart of year $273,764$283,233
X-9 Prepaid expenses and deferred chargesStart of year $11,347$9,762
X-10c Land, buildings and equipment, netStart of year $102,049$76,103
X-11 Publicly traded securitiesStart of year $191,206,178$198,476,678
X-12 Other securitiesStart of year $53,475,124$87,417,888
X-13 Program-related investmentsStart of year $2,025,998$4,025,998
X-15 Other assetsStart of year $18,072$18,072
X-16 Total assetsStart of year $251,069,671$297,722,118
X-17 Accounts payable and accrued expensesStart of year $1,033,488$963,154
X-18 Grants payableStart of year $1,626,833$2,481,355
X-25 Other liabilitiesStart of year $1,143,636$1,057,016
X-26 Total liabilitiesStart of year $3,803,957$4,501,525
X-27 Net assets without donor restrictionsStart of year $247,265,714$293,220,593
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $247,265,714$293,220,593
X-33 Total liabilities and net assetsStart of year $251,069,671$297,722,118
Part XI · Reconciliation of net assets $293,220,593 net assets at year end
XI-1 Total revenue$41,376,763
XI-2 Total expenses$10,711,615
XI-3 Revenue less expenses$30,665,148
XI-4 Net assets at start of year$247,265,714
XI-5 Net unrealized gains (losses) on investments$15,245,271
XI-9 Other changes in net assets$44,460
XI-10 Net assets at end of year$293,220,593

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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