Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Maryland · Not ranked: see note below.

Franklin Square Hospital Center

Stuart M Levine MD, President/Director. Fiscal year ending 2025-06.

$1.8M
CEO total compensation
Form 990 Part VII, columns D+E+F
2.51%
of expenses spent on charity care
Schedule H Part I line 7a
11.0%
CEO pay as a share of all charity care

Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.

§1The filing

Total revenue
$655,250,368
Total expenses
$646,658,104
Net assets
$289,066,822
Employees
3,400
Hospitals covered
1 facilities across 1 filing
Charity care, net
$16,230,754
Bad debt
$14,087,495
Medicare surplus (shortfall), as filed
CEO pay from the organization (Part VII col. D)
$1,737,690
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$46,210
CEO total compensation (D+E+F)
$1,783,900 to Stuart M Levine MD

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Franklin Square Hospital Center, EIN 52-0608007, fiscal year ending 2025-06, as published by the IRS. CEO identification: president title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$73.3M Of which charity care to patients who could not pay (line 7a)$16.2M (22%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($14.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Franklin Square Hospital Center: CEO pay $1.8M, charity care 2.51% of expenses