Brown Medicine
Overview
Mission
Brown medicine is a non-profit, academic, multi-specialty medical group with practice locations in providence, ri and surrounding communities. Our three-part mission combines patient care, teaching, and research, enabling us to provide exceptional care locally, nationally, and globally.
What it reported doing in 2023
Brown medicine provided primary care and specialty care at numerous sites throughout Rhode Island as well as outpatient and inpatient care through nine subspecialty divisions at Rhode Island hospital, miriam hospital and the providence veteran's administration hospital. Brown medicine physicians ran the hospitalists programs at both the Rhode Island and miriam hospitals. In addition, brown medicine offered medical care at all seven of Rhode Island's inpatient kidney dialysis centers and two stand alone outpatient dialysis centers, and brown medicine offered a travel clinic.
Operating model
- Revenue model
- Earned-program. 93% 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
- 050450410
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Headquarters
- Providence, RI, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health
The verdict
SUPPORTED - A large share of available resources goes toward mission work and program spending has grown recently. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 59
- Accountability: 37
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 87.3%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 20th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 74.2%; rating input score 74; 16th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- 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: 8 of 9 controls in place; rating input score 89
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -1.3%; rating input score 25; 25th percentile among comparable filings
- Operating reserve ratio: 0.71; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 8.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 87.3% of spending went to programs
- Governance: 0 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $96.7M in reported program spending
- Leadership: top reported pay $716K · 26 people listed · 1 of 6 pay-setting controls reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 28 filed money-flow records
- Related organizations: 11 filed related-organization links