Eskenazi Medical Group Inc

Nonprofit profile at a glance

EIN
351693695
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Indianapolis, IN, USA
Phone
3178805104
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ambulatory Health Center, Community Clinic

Reported finances

Revenue
$67,439,389
Expenses
$69,282,129
Assets
$66,123,957
Liabilities
$19,993,867

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Lisa Harris (CEO ESKENAZI HEALTH)
  • Curtis Wright (CEO)

Highest reported compensation

  • Curtis Wright (CEO): $455,260 total reported compensation
  • Zahi Batiha (Physician): $446,518 total reported compensation
  • Devonne Elkins (Physician): $438,259 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 be the nation's leading primary care provider, serving all patients regardless of ability to pay or condition of health, while advancing medicine through teaching.

What it reported doing in 2024

Eskenazi medical group supports health and hospital corporation of marion county and will advance the shared mission of the corporation and the health system to advocate, care, teach and serve for their most vulnerable patients. Eskenazi medical group receives fees for medical services provided, co-payments, and other revenues which in turn are used to pay for the cost of making these services available.

Operating model

Revenue model
Other-operating. 96% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Accountability: 59
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.2%; rating input score 97
  • Program expense ratio: 94.5%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • 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: 28.6%; rating input score 29; 10th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.7%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 97.2% of revenue deployed · 94.5% of spending went to programs
  • Governance: 2 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $65.5M in reported program spending
  • Leadership: top reported pay $455K · 15 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $3.5M reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 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.
  • 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 29/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.