FLORIDA PROTON THERAPY INSTITUTE INC

EIN: 010554709 501(c)(3) Health Care

JACKSONVILLE, FL

Total Revenue
$45,555,232
Total Expenses
$45,128,255
Total Assets
$137,388,571
Net Assets
$84,964,322
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
KRISTIN HEATH
Phone
9045881800
Tax Period
2022-07-01 to 2023-06-30

FLORIDA PROTON THERAPY INSTITUTE INC, founded in 2001, is a mid-sized nonprofit in the Health Care sector that reported $45.6M in total revenue in fiscal year 2022.

Mission

THE ORGANIZATION PROVIDES CANCER TREATMENT SERVICES, EDUCATIONAL PROGRAMS, AND TRAINING OPPORTUNITIES TO PROMOTE BASIC AND CLINICAL RESEARCH RELATED TO CANCER TREATMENTS AND TREATMENT PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $42,756,526 Revenue: $43,206,822

THE PRIMARY ACTIVITY OF THE INSTITUTE IS TO PROVIDE PROTON AND CONVENTIONAL RADIATION THERAPY CANCER TREATMENT IN FACILITIES LOCATED IN JACKSONVILLE, FLORIDA.SEE SCHEDULE O FOR ADDITIONAL...

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THE PRIMARY ACTIVITY OF THE INSTITUTE IS TO PROVIDE PROTON AND CONVENTIONAL RADIATION THERAPY CANCER TREATMENT IN FACILITIES LOCATED IN JACKSONVILLE, FLORIDA.SEE SCHEDULE O FOR ADDITIONAL INFORMATION. SINCE COMMENCING CLINICAL OPERATIONS IN AUGUST OF 2006, THE INSTITUTE HAS CONTINUED TO FOCUS ITS RESOURCES ON FULFILLING ITS TRIPARTITE MISSION OF CLINICAL SERVICE, RESEARCH AND EDUCATION. TO DATE, THE INSTITUTE HAS PROVIDED CANCER TREATMENT SERVICES TO OVER 16,300 PATIENTS. THE CLINICAL PROGRAMS FOCUS ON MULTIPLE DISEASE SITES INCLUDING, BUT NOT LIMITED TO: CANCERS OF THE BRAIN AND CENTRAL NERVOUS SYSTEM, PROSTATE, SOFT TISSUES, EYE, BREAST, LUNG AND PANCREAS. THE INSTITUTE CURRENTLY OPERATES THE WORLD'S LARGEST PEDIATRIC PROGRAM UTILIZING PROTON THERAPY. SUPPLEMENTAL RESOURCES DEDICATED TO THE PEDIATRIC POPULATION INCLUDE: A FULL-TIME PLAY THERAPIST, A PEDIATRIC SOCIAL WORKER AND ART THERAPY STAFF. ALSO, PEDIATRIC PATIENTS ARE PROVIDED VARIOUS EDUCATIONAL AND "FUN" EVENTS SUPPORTED BY: THE LOCAL ZOO, SCIENCE LADY, FIRE DEPARTMENT, ETC.A CORNERSTONE OF THE INSTITUTE'S MISSION INCLUDES CLINICAL RESEARCH. CURRENTLY, THE INSTITUTE HAS A TOTAL OF 77 CLINICAL TRIAL STUDIES THAT HAVE BEEN COMPLETED OR ARE CURRENTLY OPEN FOR PATIENT ACCRUAL. APPROXIMATELY 97% OF THE INSTITUTE'S PATIENTS PARTICIPATE IN ONE OF THE CLINICAL TRIAL PROGRAMS OR OUTCOME STUDIES. LIKEWISE, THE INSTITUTE HAS DEVELOPED MULTIPLE EDUCATIONAL OPPORTUNITIES INCLUDING POST GRADUATE FELLOWSHIP TRAINING PROGRAMS IN PROTON RADIATION, PEDIATRICS AND IN MEDICAL PHYSICS. ALSO, THE INSTITUTE PROVIDES ONSITE TRAINING FOR SEVERAL RADIATION THERAPIST TRAINING PROGRAMS AND CHILD LIFE SPECIALIST SOCIAL WORKER PROGRAMS.AS A CANCER CENTER OF EXCELLENCE AND ACCREDITED RADIATION ONCOLOGY CENTER THROUGH THE AMERICAN COLLEGE OF RADIOLOGY (ACR), THE INSTITUTE CONTINUED TO PROVIDE OPTIMAL PATIENT CARE AND SERVICES. ALSO, THE INSTITUTE CONTINUES TO IMPROVE ITS ART-IN-MEDICINE PROGRAM, YOGA CLASSES, EDUCATIONAL ACTIVITIES, AND SURVIVORSHIP PROGRAM. THESE PROGRAMS ARE AIMED TO INCREASE THE HEALING ENVIRONMENT AND CULTURE CREATED AT THE INSTITUTE. PRIMARILY, THESE PROGRAMS ENHANCE WELLNESS, RELAXATION, PAIN MANAGEMENT, AND DECREASE ANXIETY AND STRESS IN PATIENTS AND CAREGIVERS UNDERGOING CANCER CARE AT THE INSTITUTE. THE PROGRAM HAS BEEN SO SUCCESSFUL THAT 99% OF PATIENTS WOULD DEFINITELY RECOMMEND THE INSTITUTE'S TREATMENT AND SERVICES.THE INSTITUTE IS RECOGNIZED AS THE WORLD LEADER IN PEDIATRIC PROTON RADIATION THERAPY AND CONTINUALLY PROVIDES TREATMENT TO PATIENTS FROM MANY COUNTRIES AROUND THE WORLD AS WELL AS MANY STATES WITHIN THE USA. THE ADULT PROGRAMS ARE EQUALLY RECOGNIZED FOR THE TREATMENT OPTIONS AND CONTINUED CANCER RESEARCH. CURRENTLY, THE INSTITUTE IS COLLECTING DATA ON RESEARCH STUDIES, EITHER FOR ITS OWN MISSION OR PARTICIPATING WITH OTHER NOTED MEDICAL INSTITUTIONS, SUCH AS ST. JUDE'S CHILDREN'S HOSPITAL, MASSACHUSETTS GENERAL HOSPITAL, ETC. IN FISCAL YEAR 2023 (JULY 1, 2022 THRU JUNE 30, 2023), THE INSTITUTE'S PROFESSIONAL STAFF PUBLISHED 15 STUDIES IN MAJOR MEDICAL PUBLICATIONS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,862,803
Program Service Revenue $42,323,261
Investment Income $485,607
Other Revenue $883,561
TOTAL REVENUE $45,555,232

Expense Breakdown

Grants Paid $8,672
Salaries & Benefits $13,011,482
Fundraising Expenses $0
Program Expenses $42,756,526
Other Expenses $32,108,101
TOTAL EXPENSES $45,128,255

Year-over-Year Comparison

2022 2021 Change
Revenue $45,555,232 $44,745,650 +0.0%
Expenses $45,128,255 $43,043,555 +0.0%
Net Income $426,977 $1,702,095 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
157
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,243,721
Total Directors
10
$683,916
Key Employees
2
$383,336
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY P MENDENHALL TRUSTEE/MEDICAL DIRECTOR 40.00
Officer Director
$660,786 $23,130 $683,916
COLLEEN KOCH CHAIRMAN/PRESIDENT 0.30
Officer Director
$0 $0 $0
PAUL OKUNIEFF MD SECRETARY/TREASURER 0.30
Officer Director
$0 $0 $0
JONATHAN D LICHT MD TRUSTEE 0.30
Director
$0 $0 $0
RUSSELL ARMISTEAD TRUSTEE 0.30
Director
$0 $0 $0
CHARLES LANE TRUSTEE 0.30
Director
$0 $0 $0
DANIEL M EDELMAN TRUSTEE 0.30
Director
$0 $0 $0
KENNETH R HAMILTON TRUSTEE 0.30
Director
$0 $0 $0
GAE WALTERS PHD TRUSTEE 0.30
Director
$0 $0 $0
GARY DILTS TRUSTEE 0.30
Director
$0 $0 $0
STUART KLEIN EXECUTIVE DIRECTOR 40.00
Officer
$417,273 $15,749 $433,022
WALTER MOORE CHIEF FINANCIAL OFFICER 40.00
Officer
$122,522 $4,261 $126,783
KEVIN KIRBY DIRECTOR OF CLINICAL DOSIMETRY 40.00
Key Emp
$190,517 $5,768 $196,285
TREVOR FLEMING DIRECTOR OF TECHNICAL SERVICES 40.00
Key Emp
$181,692 $5,359 $187,051
EMMA V VIVIERS TREATMENT PLANNING PHYSICIST 40.00
Highest
$183,258 $3,607 $186,865
NATALIYA GETMAN LEAD CERTIFIED MEDICAL DOSIMETRIST 40.00
Highest
$144,737 $3,508 $148,245
WILLIAM J GLIDDEN LEAD CERTIFIED MEDICAL DOSIMETRIST 40.00
Highest
$139,109 $3,318 $142,427
HEATHER K OAKLEY DIRECTOR OF SOCIAL SERVICES 40.00
Highest
$137,274 $3,931 $141,205
BRIDGETTE D CARTER LEAD PEDIATRIC CERTIFIED MEDICAL DOSIMETRIST 40.00
Highest
$131,331 $3,515 $134,846
TOMMIE L ALLEN CHIEF FINANCIAL OFFICER (END. 06-23) 40.00
$160,505 $4,739 $165,244
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $45,555,232 $45,128,255 $137,388,571 $426,977
2022 $44,745,650 $43,043,555 $138,319,097 $1,702,095
2021 $41,049,374 $39,922,626 $150,447,220 $1,126,748
2020 $45,035,424 $43,182,335 $157,333,912 $1,853,089
2019 $48,892,877 $44,768,529 $160,347,827 $4,124,348
2018 $54,566,728 $47,035,347 $161,258,622 $7,531,381
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