Dr Kiran C Patel Institute for Graduate Medical Education Inc

Nonprofit profile at a glance

EIN
863689418
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Tampa, FL, USA
Phone
6308079245
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$422,725
Expenses
$169,071
Assets
$303,800
Liabilities
$127,343

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

Leadership & pay

5 people listed

Executive titles in this filing

  • KIRAN C PATEL (PRESIDENT)

People named in this filing

  • KIRAN C PATEL (PRESIDENT)
  • ROBERT HASTY (DIRECTOR)
  • SCOTT JUDD (DIRECTOR)

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

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

Overview

Mission

The kiran c patel institute ofgraduate medical education is to help with the creation of any and all graduate medical education including medicine, dental medicine, and allied health programs.

What it reported doing in 2024

Graduate medical education (gme) consulting services with tampa family health centers (tfhc)-partnered with baycare and tampa family health centers during interview season to assist with the family medicine residency interviews.-provided gme and billing and coding training for tfhc onboarding of family medicine and pediatric residency programs.-provided advanced cardiovascular life support/basic life support (acls/bls) training for incoming residents.-assisted tfhc in applying for the pediatric residency application under nova southeastern university kiran patel college of osteopathic medicine - sponsoring institution (nsu - kpcom si) including writing the application with the program director (pd), participating in the site visit and training the new program coordinator.-setup dermatology rotations for family medicine (fm) residency program-assisted with orientation planning for fm residency program-billing and coding course for the residents.-audit review for tfhc to assist with optimizing billing -co-wrote teaching health center graduate medical education (thcgme) grant with tfhc leadership for the pediatric residency program which was awarded

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 70
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.2%; rating input score 33
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 74.1% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 48.9% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 33.2% of revenue deployed · 83% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $140K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.