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
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