Alachua County Medical Society Foundation Inc

Nonprofit profile at a glance

EIN
592065918
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Gainesville, FL, USA
Phone
3523760715
Rating
94
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$107,569
Expenses
$113,790
Assets
$116,137
Liabilities
$65,162

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

Leadership & pay

26 people listed

Executive titles in this filing

  • Matthew F Ryan (2nd Past President)
  • Carl Dragstedt (1st Past President)
  • Christopher Balamucki (President)
  • Jacqueline Owens (Executive Vice President)
  • Brittany Bruggeman (Vice President)

People named in this filing

  • Matthew F Ryan (2nd Past President)
  • Carl Dragstedt (1st Past President)
  • Christopher Balamucki (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Match volunteer doctors to those in need

What it reported doing in 2024

The Foundation receives contributions and pays for repairs and maintenance of the historic Robb House building.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.

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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.5%; rating input score 97
  • Program expense ratio: 91.3%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -5.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 16.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 96.5% of revenue deployed · 91.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $104K in reported program spending
  • Leadership: top reported pay $0 · 26 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.