Grace Medical Home Inc

EIN: 261817966 501(c)(3) Health Care

Orlando, FL

Total Revenue
$5,357,545
Total Expenses
$5,601,380
Total Assets
$3,020,430
Net Assets
$2,852,838
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
Stephanie Garris
Phone
4079362785
Tax Period
2024-01-01 to 2024-12-31

Grace Medical Home Inc, founded in 2008, is a community nonprofit in the Health Care sector that reported $5.4M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

To be a medical home reflecting the heart of Christ by offering the highest level of health care to those in our community who need it most.

Program Service Accomplishments

Program 1
Expenses: $5,035,768 Revenue: $186,899

Grace Medical Home plays a crucial role in Central Florida's healthcare safety net by offering exceptional medical services to meet the holistic needs of low-income, uninsured individuals in the...

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Grace Medical Home plays a crucial role in Central Florida's healthcare safety net by offering exceptional medical services to meet the holistic needs of low-income, uninsured individuals in the community. The Organization's patients include uninsured adults and children in Orange County who live at or below 225 percent of the Federal Poverty Level (FPL). Once enrolled, patients gain access to a comprehensive range of services, including primary and preventive care, in-house labs, digital x-ray, vaccinations, diabetes education, donated medications, and treatment for both acute and chronic illnesses. Additionally, the Organization provides on-site medical specialties such as cardiology, mental health counseling, dental care, endocrinology, ophthalmology, orthopedics, and more. What truly sets Grace Medical Home apart is the Organization's recognition at the local, state, and national levels for delivering this unparalleled level of care. The Organization's commitment to serving the underserved with comprehensive and compassionate healthcare has earned the Organization a distinguished reputation, making it a vital resource in the community.In 2024, the Organization transitioned to the Electronic Medical Record System after 13 years on the prior system. With this massive change, the Organization still served 1,258 unduplicated patients. These patients had more than 16,099 patient encounters, received more than $13,157,000 in value of care, including prescription medications obtained on behalf of specific patients or donated directly to the Organization's facility, and were offered 35 medical specialties on-site. The Organization's Mobile Medical Unit continues to go to underserved neighborhoods and had 338 patient visits on the unit, eliminating the transportation barrier that exists for 221 patients. Thanks to the 541 volunteers and staff, the Organization provided nearly 2,000 mental health visits, 1,775 dental visits, 651 social service visits, provided more than 600 spiritual care encounters, and distributed 2,125 food boxes to food-insecure patients.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,040,273
Program Service Revenue $127,015
Investment Income $39,428
Other Revenue $150,829
TOTAL REVENUE $5,357,545

Expense Breakdown

Grants Paid $323,098
Salaries & Benefits $3,132,114
Fundraising Expenses $315,353
Program Expenses $5,035,768
Other Expenses $2,120,168
TOTAL EXPENSES $5,601,380

Year-over-Year Comparison

2024 2023 Change
Revenue $5,357,545 $6,179,049 -0.1%
Expenses $5,601,380 $6,347,418 -0.1%
Net Income $-243,835 $-168,369 +0.4%
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
17
Independent Members
16
Employees
53
Volunteers
497

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
7
$173,245
Total Directors
20
$125,929
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Aitcheson Chair 4.00
Officer Director
$0 $0 $0
Christine Stewart Imm Past Chair/Gov Chair (End 12/24) 2.00
Officer Director
$0 $0 $0
Blake Hostetter Treasurer 4.00
Officer Director
$0 $0 $0
Michele Tynes Napier Recording Secretary 2.00
Officer Director
$0 $0 $0
Nick McKinney Vice Chair 2.00
Officer Director
$0 $0 $0
Dr Marvin Hardy Medical Director/Trustee 34.00
Director
$101,318 $24,611 $125,929
Ashley Kelly Member at Large 2.00
Officer Director
$0 $0 $0
Paul Scheck Director 2.00
Director
$0 $0 $0
W Bryce Hagedorn Director 2.00
Director
$0 $0 $0
Bethany Goodman Director 2.00
Director
$0 $0 $0
Yvonne Sweeney Director 2.00
Director
$0 $0 $0
Sherry Magee Director 2.00
Director
$0 $0 $0
Lisa Wong Shue Director (Began 1/24) 2.00
Director
$0 $0 $0
Amanda Dukes Director (Began 1/24) 2.00
Director
$0 $0 $0
Cathy Stankiewicz Director (Began 4/24) 2.00
Director
$0 $0 $0
Ritsy Carpenter Director/Trustee 2.00
Director
$0 $0 $0
Sheryl Moorehead Director (End 12/24) 2.00
Director
$0 $0 $0
Dianna Morgan Director/Trustee 2.00
Director
$0 $0 $0
Ricky Vescovacci Director (End 12/24) 2.00
Director
$0 $0 $0
Marilyn King Director/Trustee 2.00
Director
$0 $0 $0
Stephanie Garris CEO 40.00
Officer
$142,415 $30,830 $173,245
Sherry Brooks Medical Director 30.00
Highest
$134,997 $5,377 $140,374
Kirsten Carter Medical Director (Began 1/24) 30.00
Highest
$117,996 $18,416 $136,412
Lynn Ivanek Director of Philanthropy 40.00
Highest
$102,449 $16,712 $119,161
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
2024 $5,357,545 $5,601,380 $3,020,430 $-243,835
2023 $6,179,049 $6,347,418 $3,257,984 $-168,369
2022 $4,855,490 $5,066,030 $3,439,672 $-210,540
2021 $5,291,675 $4,618,614 $3,647,443 $673,061
2020 $5,823,270 $6,930,414 $2,958,486 $-1,107,144
2019 $4,378,642 $6,534,823 $4,045,516 $-2,156,181
2018 $9,970,942 $6,706,003 $6,187,877 $3,264,939
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