Hillsborough County Medical Association Foundation
Nonprofit profile at a glance
- EIN
- 593470072
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Tampa, FL, USA
- Phone
- 8132530471
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $62,304
- Expenses
- $32,222
- Assets
- $218,084
- Liabilities
- $200
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- BRUCE SHEPHARD MD (PRESIDENT)
People named in this filing
- BRUCE SHEPHARD MD (PRESIDENT)
- H RONALD KENNEDY MD (TREASURER)
- STACEY PITTMAN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hillsborough county medical association foundation is a charitable organization that provides cash grants to non-profit organizations in the tampa bay area for programs designed to promote awareness and support of health and health-related issues in hillsborough county, Florida and surrounding areas.
What it reported doing in 2024
Providing cash grants to non-profit organizations and individuals to promote awareness and support of health and health-related issues within hillsborough county.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 100
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.4%; rating input score 49
- Program expense ratio: 70.8%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 48.3%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 6.77; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 9.9% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 49.4% of revenue deployed · 70.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $23K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2012 to 2024
- Contacts: How to reach this organization
- 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 49/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.