Gastrointestinal Specialists Foundation Inc

What it reported doing in 2024

Gastrointestinal specialists foundation, inc. Is a comprehensive gastrointestinal medical practice and our mission is to provide exceptional, unparalleled quality care. Our providers are experts in helping prevent, diagnose and treat everything from heartburn, food allergies and hemorrhoids, to colon and pancreatic cancers. We perform procedures at our fully equipped, state of the art endoscopy center which is owned and operated by baptist memorial health care corporation. We also utilize american esoteric laboratories (ael) conveniently located in our building as a reference lab. As an affiliate of baptist memorial medical group, inc., we offer medical care that reflects the three-fold ministry of christ-preaching, teaching and healing. We are also very thankful to be blessed with the many resources provided by baptist memorial health care corporation. Our six gastroenterologists, dr. Paul s. Bierman, dr. Kenneth i. Fields, dr. Edward s. Friedman, dr. Gaurav kistangari, dr. Randelon d. Smith, and dr. Abdullah al-rashdan, and our pathologist, dr. Andre thompson are committed to education, training and support of other local health care practitioners. They attend a variety of seminars, conferences and other educational programs in order to interact with colleagues and stay abreast of new and developing technologies. We are also focused on a variety of quality assurance indicators including but not limited to press ganey associates, llc. We have office locations in memphis, tn, arlington, tn, covington, tn, collierville, tn, southaven, ms, and marion, ar, which allows us to expand access to culturally diverse patient populations across the greater memphis area. We also accept most health insurance programs including tenncare and medicaid, understanding that all patients deserve quality care regardless of their ability to pay. We have also strategically positioned ourselves for the affordable care act to ensure that we reach patients who were previously uninsured. Additionally, we participate in several outreach programs including, but not limited to, the following:- providing health services to the veterans administration. - providing health services to local inmates. - support for the crohn's and colitis foundation. - community health fairs and community awareness programs. - providing physicians for speaking engagements pertaining to gastrointestinal issues and other health-related subject matters.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 89.9%; rating input score 90
• 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

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: -56.5%; rating input score 1; 1st percentile among comparable filings
• Total-asset coverage ratio: 0.31; rating input score 8; 8th percentile among comparable filings
• Liabilities to assets ratio: 7.35; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 52.1%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 1.5% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 3% per year; rating input score 100; 23rd percentile among comparable filings