Genesis Health Development Inc
Nonprofit profile at a glance
- EIN
- 592249372
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Jacksonville, FL, USA
- Phone
- 9043457600
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $46,605,048
- Expenses
- $49,250,458
- Assets
- $33,346,152
- Liabilities
- $35,122,202
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Douglas M Baer (Chairman / CEO)
- Jaqueline E Oetjen (Executive Director OP)
Highest reported compensation
- Douglas M Baer (Chairman / CEO): $902,095 total reported compensation
- J Britton Tabor (SEC. / TREAS. / CFO): $619,949 total reported compensation
- Victor DeRienzo (COO): $421,126 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 advance the health and well-being of persons requiring rehabilitation through superior outcomes, service, education, and research.
What it reported doing in 2024
Brooks rehabilitation includes a network of outpatient clinics located throughout jacksonville, north tampa and orlando Florida. Brooks' clinicians are highly trained to provide exceptional physical, occupational, and speech therapies. The combination of evidenced-based practice and innovative technology allows brooks to treat the most complex and unique cases. The clinics include a variety of highly specialized clinics, such as a motion analysis center, center for sports therapy, pediatric centers, neuro recovery center, center for low vision, and balance center. Experts treat sports injuries, back pain, stroke, spinal cord injuries, parkinson's, ms, als, autism, cerebral palsy, developmental disability, mobility disorders, arthritis, downs' syndrome, as well as other conprogram service accomplishments. Specialties include neurological, geriatrics, orthopedics, pediatrics, sports therapy, women's health, vestibular problems, low vision and mobile therapy. The brooks motion analysis center (mac) is a specialized clinical and research assessment facility focused on gait and movement impairments in people of all ages. Through the use of innovative technology, clinical examination, and biomechanical analysis, the purpose is to advance rehabilitation science and clinical practice leading to improved recovery and performance in individuals with neurologic and orthopedic impairments. This program is one of many offered as community service by brooks rehabilitation. Brooks center for sports therapy (cst) provides specialized athletic rehabilitation for athletes ranging from casual to highly competitive. Brooks is the official rehabilitation provider for the university of north Florida's athletic program. Athletes can be treated at the center for sports therapy, or at another of the convenient locations. Brooks also offers educational programs to teach athletes how to reduce their chances of injury. Transportation is provided to patients with disabilities to and from outpatient centers for those who qualify for charity care. This service is funded by brooks community health, and is available five days a week. In 2024, there were 537,553 patient visits at the clinic locations, providing approximately 1,795,315 units of service.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 70
- Accountability: 77
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 76.4%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 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: -5.7%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 9.1% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 9.8% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 76.4% of spending went to programs
- Governance: 3 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $37.6M in reported program spending
- Leadership: top reported pay $902K · 10 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.1M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 18 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.