Lynchburg Family Practice Residency Program Inc
Nonprofit profile at a glance
- EIN
- 541457983
- IRS 990 coverage
- 2008–2011
- Forms available
- Form 990 2011
- Location
- Lynchburg, VA, USA
- Phone
- 4342004708
- Rating confidence
- Limited
- Sector
- Group Health Practice (Health Maintenance Organizations)
Reported finances
- Revenue
- $3,448,116
- Expenses
- $3,511,618
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
14 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Family medicine education in the context of excellent patient care
What it reported doing in 2011
As part of the residency program: an average of 18 family practice residents were trained in a private office and hospital setting. The ultimate goal of the program is to provide a source of family practitioners to rural, underserved areas through practice in the private office setting. Lynchburg family practice residency provides needed medical services to patients in supervised settings. In 2011 there were 20,872 visits of which 34% were either medicaid or uninsured patients. Many of these patients had no primary care physician and included a disproportionate share of indigent patients. The organization continues to seek innovative pathways to achieve integration of the regional healthcare system. We believe that integration with physician practices is a critical element in the effort to assure seamless, high quality care for all patients by providing a platform for the effortless transfer of clinical information to all participants in the care of the patient. As we achieve integration with physician practices we can begin to standardize information systems while we break down the barriers to effective information transfer, thereby reducing errors and redundant efforts.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 81
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 11th 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: -1.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 45.6%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -9% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -37.1% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 2 of 3 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $1.2M · 14 people listed · 3 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 3 filing years from 2008 to 2011
- Money network: 1 filed money-flow record
- Related organizations: 5 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.