Phoenix Medical Management Care Centers Inc

Nonprofit profile at a glance

EIN
821573127
IRS 990 coverage
2021–2022
Forms available
Form 990 2022, Form 990-N 2017
Location
Tarpon Springs, FL, USA
Phone
7279354156
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Association

Reported finances

Revenue
$546,018
Expenses
$615,298
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Patricia Ferguson (president director)
  • Christopher Ferguson (CEO vice president director)

Highest reported compensation

  • Vivian Herrero (Physician): $132,840 total reported compensation
  • Patricia Ferguson (president director): $116,160 total reported compensation
  • Christopher Ferguson (CEO vice president director): $77,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the organization is to provide for and support medical and mental healthcare services as well as to provide medical and mental health education and research.

What it reported doing in 2022

The organization was able to accomplish four major goals during 2022. 1. Provided quality medical primary care to the community at low cost. Our physician treated approximately 64 patients at our fee of $75 per office visit discounted approximately 40% from the customary community fee of $125 saving the community $3200. 2.Provided quality pain management care to new patients at low costs. Our physicians treated approximately 20 new patients at our fee of $150 per new patient office visit discounted approximately 60% from the customary community fee of $325 saving the community $3500. 3.Provided quality pain management care to returning patients at low costs. Our physicians treated our monthly returning patients for approximately 3620 office visits during 2022 at our fee of $150 per office visit discounted approximately 40% from the customary community fee of $250 per office visit. Saving the community approximately $362,000. 4. Provided a website (www.Phoenixmedicalmanagement.com) free to the community with medical information. Provided free Covid-19 testing for the community. Summary. The savings to the community for our medical programs in 2022 totaled approximately $368,700. Some patients were treated for less than our standard discounted fee or completely free due to their limited income with no insurance coverage. Some were provided with free canes or other orthotic devices.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 60
  • Accountability: 84
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -12.7%; rating input score 15; 15th 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: 53%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -24.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -44.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $615K in reported program spending
  • Leadership: top reported pay $133K · 4 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $249K reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.