Academic Medical Group Inc

Nonprofit profile at a glance

EIN
863038188
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
Tampa, FL, USA
Phone
8778295500
Rating confidence
Limited
Sector
Management & Technical Assistance

Reported finances

Revenue
$0
Expenses
$0
Assets
$43,468,283
Liabilities
$43,368,284

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • CHARLES LOCKWOOD MD (CHAIRMAN/CHIEF EXECUTIVE &)
  • MARK MOSELEY MD (PRESIDENT USFTGP)

Highest reported compensation

  • JOHN COURIS (SECRETARY & DIRECTOR): $2,944,103 total reported compensation
  • MARK RUNYON (TREASURER & DIRECTOR): $998,308 total reported compensation
  • MARGARET DUGGAN MD (DIRECTOR): $860,478 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Amg was formed for the purpose of collaboration between the tax-exempt entities, fhsc and usf, and their respective affiliates. That purpose includes coordination of the integrated clinical services of physicians and advanced practice providers employed by usf and tampa general medical group, inc. ("tgmg"), an affiliate of fhsc, and their respective affiliates, in order to expand the availability and improve the quality of professional medical services in west central Florida and to promote public health, consistent with the charitable, educational, scientific, and medical purposes of the organizations. Amg will provide support services including management, operational, administrative, and practice infrastructure services for tgmg, usf, and any of their affiliated entities in furtherance of fhsc and usf's shared missions. In exchange for amg's support services, tgmg and usf will each pay a fair market value fee for the services they receive from amg.

What it reported doing in 2024

1. Facilitate the expansion of availability and improvement of the quality of professional medical services in west central florida2. Promote public health, consistent with the charitable, educational, scientific and medical purposes of fhsc and usf.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 53
  • Accountability: 32
  • Sustainability: 1
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 6th 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: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: 11.6% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $2.9M · 16 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.1M reported
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 12 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.