Brown Physicians Inc
Nonprofit profile at a glance
- EIN
- 821858635
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Location
- Providence, RI, USA
- Phone
- 4014445135
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $21,577,866
- Expenses
- $22,203,022
- Assets
- $34,730,557
- Liabilities
- $23,265,727
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ANGELA CALIENDO MD PHD (EXECUTIVE DIRECTOR)
Highest reported compensation
- GYAN PAREEK MD (DIRECTOR): $798,548 total reported compensation
- ANGELA CALIENDO MD PHD (EXECUTIVE DIRECTOR): $748,033 total reported compensation
- KAREN FURIE MD (SECRETARY): $716,211 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the purposes of the warren alpert medical school of brown university, as well as other tax-exempt nonprofit hospitals in Rhode Island.
What it reported doing in 2024
Development of multi-disciplinary clinical programs, participating in research, providing teaching services, planning joint clinical integration with the university and nonprofit hospitals in Rhode Island, and providing management services.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 32
- Transparency & Controls: 71
- Accountability: 28
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.1%; rating input score 36
- Program expense ratio: 35.3%; rating input score 35
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.9%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.56; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 23.5% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 21.6% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 22.6% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 36.1% of revenue deployed · 35.3% of spending went to programs
- Governance: 0 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $7.8M in reported program spending
- Leadership: top reported pay $799K · 14 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $841K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 15 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.