The Sequoia Project Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831938925 ✦ Vienna, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Sequoia Project Inc?

The Sequoia Project Inc is a nonprofit organization dedicated to easing the administrative burden on the U.S. federal government by promoting the interoperability of various electronic health information technologies. Their primary goal is to facilitate the secure and safe sharing of electronic health data for the betterment of all. In 2020, they received a grant from the U.S. Department of Health and Human Services (HHS) to function as the Recognized Coordinating Entity (RCE), contributing to the development of the Trusted Exchange Framework and Common Agreement to further this initiative.


Official website here: www.sequoiaproject.org

What are the reviews and ratings of this charity?

The Sequoia Project Inc holds an impressive Four-Star out of Four Star rating from Charity Navigator with an overall score of 96%. This high rating is attributed solely to its Accountability & Finance beacon, indicating robust financial health and stewardship. The organization demonstrates commendable practices, such as a fully independent board and having no material diversions of assets, reflecting strong governance.

Users can take note of the organization's solid financial ratios, with a low liabilities-to-assets ratio and a high percentage of program expenses dedicated to its mission. These factors suggest that The Sequoia Project is responsible in its financial operations and prioritizes its core activities effectively. Additionally, they have well-established policies regarding conflict of interest, whistleblowing, and document retention, contributing to a culture of transparency and accountability.

Unfortunately, user reviews from GreatNonprofits were not available for this summary. Overall, The Sequoia Project appears to be a reliable nonprofit, with strengths in governance and financial management, making it a worthy consideration for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is The Sequoia Project Inc legitimate?

The Sequoia Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sequoia Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,779,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,317,700

For more financial information, click here


Official website here: www.sequoiaproject.org

What is the mission statement of The Sequoia Project Inc?

The Sequoia Project, a non-profit organization, is dedicated to reducing the burden on the U.S. federal government by promoting the interoperability of various electronic health information technologies. This aim is to facilitate the secure and safe sharing of electronic health information, benefiting all individuals. In 2020, the organization was granted funding by the U.S. Department of Health and Human Services (HHS) to serve as the Recognized Coordinating Entity (RCE) and contribute to the development of the Trusted Exchange Framework and Common Agreement, fostering this interoperability effort.


Official website here: www.sequoiaproject.org

Who is the CEO of The Sequoia Project Inc?

Mariann Yeager is the Chair of The Sequoia Project Inc. The CEO's salary of The Sequoia Project Inc is $483,695 and their total compensation is $536,596.


Official website here: www.sequoiaproject.org

What is the revenue of The Sequoia Project Inc?

The Sequoia Project Inc's revenue in 2022 was $7,240,347.


Official website here: www.sequoiaproject.org

Who are the executives of The Sequoia Project Inc and what are their salaries?

The average compensation at The Sequoia Project Inc during 2022 was $157,573. There are 26 employees at The Sequoia Project Inc.


Here are 27 key members and their salaries (The Sequoia Project Inc's CEO's salary is $483,695 and their total compensation is $536,596):


Michael Hodgkins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Horrocks (Board Member, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Barrett (Board Member, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Beavin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Bowen (Board Member, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willarda Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Ferguson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Horonjeff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kansky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Klootwyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannah Koss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Marcus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Mast (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matthews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Matthews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wylecia Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariann Yeager (Chief Executive Officer)
  • Compensation: $483,695
  • Related: $0
  • Other: $52,901
Debra Condrey (Chief Operating Officer)
  • Compensation: $266,417
  • Related: $0
  • Other: $12,505
Alan Smith (Chief Financial Officer)
  • Compensation: $275,412
  • Related: $0
  • Other: $12,273
Jay Nakashima (Executive Director, Healtheway, Inc.)
  • Compensation: $365,940
  • Related: $0
  • Other: $24,742
Alan Swenson (Executive Director, Carequality)
  • Compensation: $250,822
  • Related: $0
  • Other: $34,489
Kathryn Bingman (Vp Interoperability)
  • Compensation: $169,638
  • Related: $0
  • Other: $21,257
Biannca Davis (Vp Informatics)
  • Compensation: $186,374
  • Related: $0
  • Other: $9,683
Michael Yackanich (Director, Program Integration, Healtheway, Inc.)
  • Compensation: $207,955
  • Related: $0
  • Other: $33,752
Dawn Van Dyke (Vp Marketing)
  • Compensation: $181,515
  • Related: $0
  • Other: $20,625
Michael Mccune (Solutions Engineer, Healtheway, Inc.)
  • Compensation: $180,771
  • Related: $0
  • Other: $8,724


Official website here: www.sequoiaproject.org

Where can I find the form 990 for The Sequoia Project Inc?

The Sequoia Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sequoiaproject.org

Learn more at the official website: www.sequoiaproject.org

Mission Statement of The Sequoia Project Inc

The Sequoia Project, a non-profit organization, is committed to alleviating the pressure on the United States federal government by promoting the interoperability of various electronic health information technologies. Their mission is to facilitate the secure and safe sharing of electronic health information, benefiting all parties involved. To accomplish this, The Sequoia Project was granted aid by the US Department of Health and Human Services (HHS) in 2020, serving as the Recognized Coordinating Entity (RCE). Their primary role is to support the development of the Trusted Exchange Framework and Common Agreement, which are instrumental in advancing this goal. By doing so, The Sequoia Project aims to enhance the efficiency and effectiveness of healthcare services, ultimately improving patient care and outcomes.

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Impact




July, 2024

The Sequoia Project Inc plays a crucial role in advancing the interoperability of various electronic health information technologies in the United States. By serving as the Recognized Coordinating Entity and developing the Trusted Exchange Framework and Common Agreement, the organization contributes significantly to the safe and secure sharing of electronic health information for the benefit of all. This endeavor not only reduces the burden on the federal government but also promotes more efficient and effective healthcare delivery by fostering seamless communication between different healthcare systems and providers.




This information is meant to be a general summary of The Sequoia Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,240,347 (2022)
Expenses
$6,910,754 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,214
  • Program Service Revenue: $7,167,313
  • Gross Receipts: $7,240,347

Assets and Liabilities:

  • Total Assets: $3,329,672
  • Total Liabilities: $1,248,165
  • Net Assets: $2,081,507

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Managed Services Incom

Revenue

$4,453,224

RCE income

Revenue

$1,865,663

Membership Dues

Revenue

$763,626

Product Testing

Revenue

$45,000

Conference Revenue

Revenue

$39,800

Organization Details

Founding Year

2018

Principal Officer

Mariann Yeager

Main Address

8300 Boone Blvd 500, Vienna, VA, 22182

NTEE Category

Code: E05 - Health

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