Grace Medical Home Inc

Nonprofit profile at a glance

EIN
261817966
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
Orlando, FL, USA
Phone
4079362785
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Health Treatment Facilities, Primarily Outpatient
Affiliation
Christianity

Official website

Reported finances

Revenue
$5,357,545
Expenses
$5,601,380
Assets
$3,020,430
Liabilities
$167,592

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

Leadership & pay

24 people listed

Executive titles in this filing

  • Stephanie Garris (CEO)

Highest reported compensation

  • Stephanie Garris (CEO): $173,245 total reported compensation
  • Sherry Brooks (Medical Director): $140,374 total reported compensation
  • Kirsten Carter (Medical Director (Began 1/24)): $136,412 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 a medical home reflecting the heart of Christ by offering the highest level of health care to those in our community who need it most.

What it reported doing in 2024

Grace Medical Home plays a crucial role in Central Florida's healthcare safety net by offering exceptional medical services to meet the holistic needs of low-income, uninsured individuals in the community. The Organization's patients include uninsured adults and children in Orange County who live at or below 225 percent of the Federal Poverty Level (FPL). Once enrolled, patients gain access to a comprehensive range of services, including primary and preventive care, in-house labs, digital x-ray, vaccinations, diabetes education, donated medications, and treatment for both acute and chronic illnesses. Additionally, the Organization provides on-site medical specialties such as cardiology, mental health counseling, dental care, endocrinology, ophthalmology, orthopedics, and more. What truly sets Grace Medical Home apart is the Organization's recognition at the local, state, and national levels for delivering this unparalleled level of care. The Organization's commitment to serving the underserved with comprehensive and compassionate healthcare has earned the Organization a distinguished reputation, making it a vital resource in the community.In 2024, the Organization transitioned to the Electronic Medical Record System after 13 years on the prior system. With this massive change, the Organization still served 1,258 unduplicated patients. These patients had more than 16,099 patient encounters, received more than $13,157,000 in value of care, including prescription medications obtained on behalf of specific patients or donated directly to the Organization's facility, and were offered 35 medical specialties on-site. The Organization's Mobile Medical Unit continues to go to underserved neighborhoods and had 338 patient visits on the unit, eliminating the transportation barrier that exists for 221 patients. Thanks to the 541 volunteers and staff, the Organization provided nearly 2,000 mental health visits, 1,775 dental visits, 651 social service visits, provided more than 600 spiritual care encounters, and distributed 2,125 food boxes to food-insecure patients.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 94% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 88
  • Accountability: 96
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: $15.98 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 94.1%; rating input score 94; 24th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.6%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 12.4%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 89.9% of spending went to programs
  • Governance: 16 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5M in reported program spending
  • Leadership: top reported pay $173K · 24 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 4 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.