Emerson Practice Associates Inc

Overview

Mission

Provide access to high quality and cost effective primary and specialty care in the communities served by emerson hospital

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

Nonprofit profile at a glance

EIN
043111240
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Headquarters
Concord, MA, USA
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospitals

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The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Accountability: 48
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • 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: 10%; rating input score 10; 8th 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%; rating input score 32; 32nd percentile among comparable filings
  • Operating reserve ratio: 0.15; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 1.4%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 17.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 1 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $52.3M in reported program spending
  • Leadership: top reported pay $1.7M · 17 people listed · 6 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 annual filings from 2009 to 2023
  • Related organizations: 6 filed related-organization links