Piedmont Athens Regional Health Resources Inc

Nonprofit profile at a glance

EIN
581930580
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Athens, GA, USA
Phone
7064757000
Rating confidence
Limited

Official website

Reported finances

Revenue
$0
Expenses
$92,861
Assets
$-19,598
Liabilities
$709,038

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • MR J MICHAEL BURNETT (CEO, PARMC)
  • MR KEVIN BROWN (BOARD MEMBER & CEO, PHC)

Highest reported compensation

  • MR KEVIN BROWN (BOARD MEMBER & CEO, PHC): $4,428,574 total reported compensation
  • MR MICHAEL MANDL (BOARD MEMBER): $2,272,159 total reported compensation
  • MR THOMAS ARNOLD (TREASURER/CFO PHC): $1,518,663 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation was organized to serve and promote the public health of the general population and, particularly, to serve the needs and interests of piedmont athens regional medical center, inc., piedmont athens regional foundation, inc., athens regional health services, inc., athens regional physician services, inc., athens regional specialty services, inc., regional firstcare, inc., and hospital authority of clarke county, Georgia. The purpose of the corporation shall include providing hospital or medical care and services and promoting the delivery of health care to the general public.

What it reported doing in 2024

Development of outpatient service locations outside athens-clarke county: maintain property and facilities in outlying communities to promote health and wellness and improve access to care for those residents.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 70
  • Accountability: 81
  • Sustainability: 0
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 62.6%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 68.4%; rating input score 68; 23rd 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: Limited
  • Total-asset coverage ratio: -0.21; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 281.7%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -18.7% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -19% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -17.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 62.6% of spending went to programs
  • Governance: 13 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $4.4M · 22 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 50 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 — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.