NEA Baptist Clinic

What it reported doing in 2024

Northeast Arkansas clinic charitable foundation, inc. (nea clinic) provides quality medical health care regardless of race, creed, sex, national origin, handicap, or age. Although reimbursement for services rendered is critical to the operation and stability of nea clinic, it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that our mission is to serve the community with respect to providing health care services and health care education. Therefore, in keeping with its commitment to serve all members of its community, nea clinic provides the following: - free care and/or subsidized care where the need and/or an individual's inability to pay coexist,- care provided to persons covered by governmental programs at below cost, and- health activities and programs to support the community. These activities include wellness programs, community education programs, special programs for the elderly, handicapped, medically underserved, and a variety of broad community support activities. Nea clinic is the largest and most comprehensive physician-led and professionally managed multi-specialty group practice in the region. Nea clinic is made up of over 90 physicians providing care in more than 20 medical specialties. The mission of nea clinic is to provide comprehensive, personalized, quality health care for patients throughout the northeast Arkansas region. Since forming in 1977, nea clinic has become a multi-specialty, award-winning clinic and partner with baptist memorial hospital-jonesboro, inc. We have become a leader in clinical research and a key provider of medical specialty services with hundreds of thousands of clinic visits each year. Nea clinic provides care to persons covered by governmental programs from which nea clinic may receive payment at less than market value reimbursement. Recognizing its mission to the community, services are provided to medicare, medicaid and uninsured patients. To the extent reimbursement is below cost, nea clinic recognizes these amounts as charity care in meeting its mission to the entire community. During the fiscal year ended september 30, 2025, the unreimbursed value of providing care to these patients was $66,984,180. Charity care is also provided through many reduced-price services and free programs offered throughout the year based upon activities and services that nea clinic believes will serve a bona fide community health need. Through its affiliation with baptist memorial health care corporation, nea clinic provides the following programs and services for the community: - community health fairs- physical exams for students active in competitive sports- mobile health unit with free mammography and cervical screenings along with general health screenings and education- employee activities to raise money for united way, american heart association, and march of dimes- provision of physicians for speaking engagements on topical health issues to the community- five programs free to the community: medicine assistance, grief counseling, programs to promote healthy adults and children, support to cancer patients, and support to families who have lost an infant.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 85.9%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: 80.4%; rating input score 80; 18th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 0%; rating input score 0; 4th 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: -34.5%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 0.25; rating input score 8; 8th percentile among comparable filings
• Liabilities to assets ratio: 8.92; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 13.9%; rating input score 1; 1st percentile among comparable filings

Growth

• Program expense growth: 2.2% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 0.9% per year; rating input score 100; 8th percentile among comparable filings
• Asset growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings