Piedmont Athens Regional Medical Center Inc

Nonprofit profile at a glance

EIN
582179986
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Athens, GA, USA
Phone
7064757000
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$1,014,921,781
Expenses
$877,054,374
Assets
$580,926,387
Liabilities
$357,597,211

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

Leadership & pay

28 people listed

Executive titles in this filing

  • MR J MICHAEL BURNETT (CEO)
  • 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 mission of piedmont athens regional medical center is to improve the lives and health of those we touch.

What it reported doing in 2024

Piedmont athens regional medical center ("par") is a 427-bed facility located in the city of athens in clarke county, Georgia. Over 500 primary care and specialty physicians comprise the medical staff and meet the professional clinical needs of children, adults, and seniors within athens and the surrounding northeast Georgia market, regardless of any individual's ability to pay for services. For the fiscal year ended june 30, 2025, the hospital had 25,512 patient admissions with a total of 116,369 days of in-patient hospitalization. Er visits totaled 86,477 and outpatient visits totaled 326,176. Surgical services were provided to 18,703 patients.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 68
  • Accountability: 77
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.8%; rating input score 81
  • Program expense ratio: 93.4%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th 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: 76.2%; rating input score 76; 16th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 68.4%; rating input score 68; 20th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.6%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 83; 83rd percentile among comparable filings

Growth

  • Program expense growth: 9.9% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 80.8% of revenue deployed · 93.4% of spending went to programs
  • Governance: 13 of 19 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $819.2M in reported program spending
  • Leadership: top reported pay $4.4M · 28 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes grants and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 27 filed money-flow records
  • Related organizations: 66 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 26/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.