Panira Healthcare Clinic Inc

Overview

Mission

We are a community-based Primary Care and Walk-in Clinic that provides quality and compassionate medical care to you and your family.

What it reported doing in 2022

To help mitigate the community's healthcare needs Panira Healthcare Clinic in East Naples was conceived to provide Family Practice and Express Care. The clinic is opened to offer affordable convenient and quality professional medical services to everyone in the community.

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating 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
475263276
IRS 990 coverage
2020–2022
Forms available
Form 990 2022, Form 990-N 2017
Headquarters
Naples, FL, USA
Phone
2392042668
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 11
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.1%; rating input score 96
  • Program expense ratio: 79.6%; rating input score 80
  • Fundraising efficiency: $44.06 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -20.7%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 2.1; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 10.2%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 55.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 30.1% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: -28% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 96.1% of revenue deployed · 79.6% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $88K · 6 people listed
  • Consistency: 42 of 43 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 annual filings from 2020 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Leadership & pay

6 people listed

Highest reported compensation

  • LAWRENCE EGGER (PRESIDENT): $88,333 total reported compensation
  • MARIE GENEVE MONGENE-EGGER (CHIEF OPERATING OFFICER): $64,750 total reported compensation

Source: IRS Form 990. Selected filing: FY2022.