Atlanticare Physician Group Pa

Overview

Mission

The organization serves as the physician services component of atlanticare health system, inc. And affiliates and provides medically necessary healthcare services in furtherance of the charitable purposes of atlanticare regional medical center; a related internal revenue code section 501(c)(3) tax-exempt organization which provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. Please refer to the organization's community benefit statement included in schedule o.

What it reported doing in 2024

Expenses incurred in serving as the physician services component of atlanticare health system, inc. And affiliates and acting in furtherance of the charitable purposes of atlanticare regional medical center; a related internal revenue code section 501(c)(3)tax-exempt organization which provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.

Operating model

Revenue model
Earned-program. 100% 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
020701782
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Headquarters
Egg Harbor Township, NJ, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Official website

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The verdict

STRONG - 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: 90
  • Transparency & Controls: 94
  • Accountability: 53
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • 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: 20%; rating input score 20; 9th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -0.7%; rating input score 23; 23rd percentile among comparable filings
  • Operating reserve ratio: 0.18; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.98; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 12.5% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 90% of spending went to programs
  • Governance: 1 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $278.8M in reported program spending
  • Leadership: top reported pay $1.3M · 13 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 10 annual filings from 2011 to 2024
  • Money network: 7 filed money-flow records
  • Related organizations: 18 filed related-organization links