Berkshire Faculty Services Inc
Overview
Mission
The mission of berkshire faculty services is to advance health and wellness for everyone in our community in a welcoming, inclusive and personalized environment.
What it reported doing in 2023
Providing medical education and medical services through dulyqualified and licensed physicians, nurses, and support personnelfor the benefit of berkshire medical center, inc. And affiliatedorganizations. Berkshire faculty services employs facultymembers of the university of Massachusetts medical school andberkshire medical center to provide medical care to patients atberkshire medical center; such patient care is an integral part ofthe clinical instruction provided for medical students andresidents. Bmc provides such clinical instruction as a necessarypart of the educational process for university of massachusettsmedical school medical students and accepted participants inberkshire medical center's residency program. In connection withthe patient care it provides, berkshire faculty services bills thepatients or third-party payors, pays its employees salaries andother operating expenses, and to the extent possible, providescontributions to berkshire medical center in support of itseducational and research missions.
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
- 042995053
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023, Form 990-T 2023
- Headquarters
- Pittsfield, MA, USA
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health
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: 96
- Transparency & Controls: 64
- Accountability: 42
- Sustainability: 4
- Growth: 100
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; 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: 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: 0%; rating input score 0; 4th 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: -53.6%; rating input score 1; 1st percentile among comparable filings
- Operating reserve ratio: 0.2; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 1; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
- Governance: 0 of 2 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $80.6M in reported program spending
- Leadership: top reported pay $1.2M · 9 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 annual filings from 2010 to 2023
- Money network: 5 filed money-flow records
- Related organizations: 10 filed related-organization links