Cooperative Healthcare Services Inc

Overview

Mission

Cooperative Healthcare Services, Inc., will serve as a supporting organization to further enable Southeast Georgia Health System to provide safe, quality, accessible, and cost-effective care to meet the health needs of the people and communities it serves.

What it reported doing in 2024

Cooperative Healthcare Services, Inc. is an organization based in Southeast Georgia which provides Physician and Immediate Care services on an inpatient and outpatient basis. For the twelve month fiscal period beginning 05/01/2024 and ended 04/30/2025, the Physician and Immediate Care Centers served patients in Glynn, Camden, McIntosh, and Brantley Counties. Our financial statements for this time period include over 8,602,000 in free care (charity care and bad debts).

Operating model

Revenue model
Earned-program. 83% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The nonprofit carried out 100% of its reported program work directly.

Nonprofit profile at a glance

EIN
010594994
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
Brunswick, GA, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health

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The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 69
  • Accountability: 66
  • Sustainability: 3
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 12th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 88
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -38.7%; rating input score 2; 2nd percentile among comparable filings
  • Operating reserve ratio: 0.12; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 2.44; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.6% of spending went to programs
  • Governance: 3 of 6 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $115.9M in reported program spending
  • Leadership: top reported pay $1.6M · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 annual filings from 2010 to 2024
  • Money network: 7 filed money-flow records
  • Related organizations: 5 filed related-organization links