AdventHealth
Legal name: Southwest Volusia Healthcare Corporation
Nonprofit profile at a glance
- EIN
- 593149293
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Orange City, FL, USA
- Phone
- 3869175000
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $331,688,269
- Expenses
- $270,042,834
- Assets
- $366,535,848
- Liabilities
- $81,302,310
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- GREGORY PHD AUDREY (DIR/CHAIR/CEO CFN REGION)
- BROWN LORENZO (DIRECTOR/CEO-HOSPITAL/W.VOLUSIA MKT)
Highest reported compensation
- OTTATI DAVID (FORMER OFFICER): $3,002,459 total reported compensation
- GREGORY PHD AUDREY (DIR/CHAIR/CEO CFN REGION): $1,955,595 total reported compensation
- CELANO PATRICIA (FORMER KEY EMPLOYEE): $1,917,020 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Extending the Healing Ministry of Christ
What it reported doing in 2024
The organization's exempt purpose includes the provision of medical care to the surrounding community through the operation of a 253-bed inpatient facility & a related outpatient facility providing ambulatory surgery, diagnostic radiology, (including mri and ct scanners), laboratory services and physical therapy. There were 12,483 patient admissions, 53,131 patient days, 129,101 outpatient visits, and 74,961 physician practice patient visits during the current year.
Operating model
- Revenue model
- Other-operating. 97% 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. 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: 73
- Transparency & Controls: 76
- Accountability: 72
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.5%; rating input score 76
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 66.7%; rating input score 67; 19th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.6%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 1.36; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 47th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 76.5% of revenue deployed · 93% of spending went to programs
- Governance: 10 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $251.2M in reported program spending
- Leadership: top reported pay $3M · 29 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $11.1M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 22 filed money-flow records
- Related organizations: 135 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.