Physicians Serving Physicians
Nonprofit profile at a glance
- EIN
- 411420160
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Roseville, MN, USA
- Phone
- 6123623705
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $95,458
- Expenses
- $75,011
- Assets
- $30,929
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- ANNIE BURTON MD (BOARD PRESID)
- ADAM LOKEH MD (BOARD MEMBER)
- RYAN GREINER MD (BOARD MEMBER)
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
Physicians serving physicians was formed in 1981 by a group of physicians in recovery to help other physicians and their families with substance use disorders. We have supported over 1,000 physicians through their recovery to return to successful practice.
What it reported doing in 2024
Physicians serving physicians (psp) continued to provide substance abuse disorder support through monthly support meetings and the physicians wellness collaborative (pwc) grew our wellbeing services through individual and group sessions for physicians, residents, medical students, and new in 2021 advanced practice providers and their families in Minnesota. In 2024, more than 40 physicians benefitted from the services of physicians serving physicians and the physicians wellness collaborative: over 30 physicians from across the state regularly attend and engage in monthly psp meetings where they find support and community from fellow physicians living with substance use disorders. Our 24/7 counseling services as well as our resident and fellow proactive wellness appointments were discontinued due to lack of funding. We were proud to promote our advocacy efforts from 2022 where we worked with several stakeholders to remove a longstanding barrier in Minnesota's licensure renewal process. Namely, physicians are no longer required to report mental health conditions that are being appropriately treated when they apply for or renew their medical licenses. This requirement deterred many phyisicians from seeking needed treatment for menthal health and substance use disorders. Despite the change in 2022, continued efforts were needed to spread awareness of the policy change.
Operating model
- Revenue model
- Earned-program. 85% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.6%; rating input score 79
- Program expense ratio: 100%; rating input score 100
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: 21.4%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 52%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -0.5% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: -31.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 78.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $75K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 3/100.