CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|CharityWatch reviewed the IRS Form 990 of the United States entity of Partners In Health (PIH), as well as the audited consolidated financial statements of PIH, which include the following organizations:|
Partners In Health (United States)
Socios En Salud (Peru)
Partners In Health Russia
Partners In Health Kazakhstan
Partners In Health Liberia
Partners In Health Sierra Leone
Inshuti Mu Buzima (Rwanda)
Bo Mphato Litsebeletsong tsa Bophelo (Lesotho)
Abwenzi Pa Za Umoyo (Malawi)
Companeros En Salud (Mexico)
Partners In Health Ethiopia
The University of Global Health Equity (Rwanda)
Partners In Health Canada
CharityWatch's rating of PIH is based on the fiscal 2016 audited consolidated financial statements of the organization, which better reflect how efficiently the organization operates on the whole than does the IRS Form 990 of the U.S. entity, taken alone. CharityWatch's rating does not include PIH's Partner Organizations whose financial activities are not included in PIH's consolidated audit.
|According to the Partners In Health (PIH) tax filing for the fiscal year-ended 6/30/2016, PIH reports for Business Transactions Involving Interested Persons (IRS Form 990, Schedule L, Parts IV & V):|
(1) A transaction in the amount of $61,500 paid to Didi Bertrand, Dr. Paul Farmer's spouse, described as: "Compensation for services." (Dr. Paul Farmer is reported as PIH's Director, Chief Strategy Officer, according to Form 990 Part VII.)
(2) A transaction in the amount of $423,768 paid to Boathouse Group Inc, described as: "Boathouse is majority owned by a relative of a PIH board member. PIH paid Boathouse for their advertising and marketing services."
|According to the Partners In Health (PIH) IRS Form 990 filing for the fiscal year-ended 6/30/2016, in response to Part VI, Section B, Line 11a, PIH answers "No" to the question: "Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?"|
According to Schedule O of the Form 990 filing, PIH reports the following with respect to the above "No" response:
"The Form 990 is prepared by the Finance staff and is reviewed carefully by the PIH Chief Financial Officer and General Counsel. The Form 990 is then reviewed by CBIZ Tofias, PIH's tax adviser. A complete draft of the Form 990 is then reviewed by the PIH Chief Executive Officer and Chief Operating Officer. This draft is then provided to the Audit and Investment Committee for their review. Finally, the Form 990 is provided to the full Board of Directors prior to filing, with the exception of Schedule B [Schedule of Contributors]. Any and all questions and comments are addressed by the PIH Chief Financial Officer, who engages CBIZ Tofias in the discussion whenever relevant or necessary."