Gastrointestinal Specialists Foundation Inc

Overview

Mission

Gastrointestinal specialists foundation, inc. Is a comprehensive gastrointestinal medical practice and our mission is to provide exceptional, unparalleled quality care.

What it reported doing in 2023

Gastrointestinal specialists foundation, inc. Is a comprehensive gastrointestinal medical practice and our mission is to provide exceptional, unparalleled quality care. Our providers are experts in helping prevent, diagnose and treat everything from heatburn, food allergies and hemorrhoids, to colon and pancreatic cancers. We perform procedures at our fully equipped, state of the art endoscopy center which is owned and operated by baptist memorial health care corporation. We also utilize american esoteric laboratories (ael) conveniently located in our building as a reference lab. As an affilitate of baptist memorial medical group, inc., we offer medical care that reflects the three-fold ministry of christ-preaching, teaching and healing. We are also very thankful to be blessed with the many resources provided by baptist memorial health care corporation. Our six gastroenterologists, dr. Paul s. Bierman, dr. Kenneth i. Fields, dr. Edward s. Friedman, dr. Gaurav kistangari, dr. Randelon d. Smith, and dr. Abdullah al-rashdan, and our pathologist, dr. Andre thompson are committed to education, training and support of other local health care practitioners. They attend a variety of seminars, conferences and other educational programs in order to interact with colleagues and stay abreast of new and developing technologies. We are also focused on a variety of quality assurance indicators including but not limited to press ganey associates, llc. We have office locations in memphis, tn, arlington, tn, covington, tn, collierville, tn, southaven, ms, and marion, ar, which allows us to expand access to culturally diverse patient populations across the greater memphis area. We also accept most health insurance programs including tenncare and medicaid, understanding that all patients deserve quality care regardless of their ability to pay. We have also strategically positioned ourselves for the affordable care act to ensure that we reach patients who were previously uninsured. Additionally, we participate in several outreach programs including, but not limited to, the following: - providing health services to the veterans administration. - providing health services to local inmates. - support for the crohn's and colitis foundation. - community health fairs and community awareness programs. - providing physicians for speaking engagements pertaining to gastrointestinal issues and other health-related subject matters.

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 filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
352461541
IRS 990 coverage
2013–2023
Forms available
Form 990 2023
Location
Memphis, TN, USA
Phone
9012273627
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Reported finances

Revenue
$9,554,892
Expenses
$14,296,691
Assets
$2,175,705
Liabilities
$29,222,067

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

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 few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 67
  • Accountability: 28
  • Sustainability: 2
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -49.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 13.43; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 50.8%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: -3.1% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
  • Governance: 0 of 6 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $12.9M in reported program spending
  • Leadership: top reported pay $1.6M · 13 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $392K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 11 annual filings from 2013 to 2023
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 68 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.

Leadership & pay

13 people listed

Highest reported compensation

  • KENNETH FIELDS MD (VICE PRESIDENT/DIRECTOR/PHYSICIAN): $1,615,342 total reported compensation
  • PAUL S BIERMAN MD (PRESIDENT/DIRECTOR/PHYSICIAN): $1,414,351 total reported compensation
  • GREGORY M DUCKETT (SECRETARY): $1,346,501 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023.