KENNEDY MEDICAL GROUP PRACTICE PC

EIN: 461420853 501(c)(3) Health Care

PHILADELPHIA, PA

Total Revenue
$133,718,954
Total Expenses
$132,214,625
Total Assets
$19,801,529
Net Assets
$-80,240,617
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
EDMUND PRIBITKIN MD MBA
Phone
8566615100
Tax Period
2022-07-01 to 2023-06-30

KENNEDY MEDICAL GROUP PRACTICE PC, founded in 2012, is a major nonprofit in the Health Care sector that reported $133.7M in total revenue in fiscal year 2022. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

TO OPERATE AS A NETWORK AND PROVIDE THE HIGHEST QUALITY PRIMARY AND SPECIALTY HEALTHCARE SERVICES THROUGHOUT SOUTH JERSEY IN SUPPORT OF TJU/JEFFERSON HEALTH.

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Trantor Score

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 (2022)

Revenue Breakdown

Contributions & Grants $3,718,835
Program Service Revenue $129,983,075
Investment Income $17,044
Other Revenue $0
TOTAL REVENUE $133,718,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,680,976
Fundraising Expenses $35,274
Program Expenses $125,589,845
Other Expenses $27,533,649
TOTAL EXPENSES $132,214,625

Year-over-Year Comparison

2022 2021 Change
Revenue $133,718,954 $91,785,357 +0.5%
Expenses $132,214,625 $125,565,809 +0.1%
Net Income $1,504,329 $-33,780,452 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
N/A
Employees
767
Volunteers
N/A

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
3
$382,689
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
C JONATHAN FOSTER DO GASTROENTEROLOGY 55.0
Highest
$926,269 $20,142 $1,042,722
ROBIN WILSON-SMITH DO GYNECOLOGIC ONCOLOGIST 55.0
Highest
$797,887 $42,603 $840,490
LINDA SZCZUREK DO SURGEON 55.0
Highest
$772,148 $17,371 $789,519
DAVID W GOLDSTEIN DO RADIOLOGIST 55.0
Highest
$625,729 $42,618 $668,347
BRIAN BLAIR DO GASTROENTEROLOGY 55.0
Highest
$625,421 $27,387 $652,808
ALEXANDER D SHARNOFF ESQ SECRETARY 55.0
Officer
$0 $63,806 $382,689
EDMUND PRIBITKIN MD MBA CHAIR - TRUSTEE 55.0
Officer Director
$0 $0 $0
STEPHEN V DESTEFANO CPA TREASURER 55.0
Officer
$0 $0 $0
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 $133,718,954 $132,214,625 $19,801,529 $1,504,329
2022 $91,785,357 $125,565,809 $22,169,592 $-33,780,452
2021 $86,553,116 $120,645,599 $26,969,347 $-34,092,483
2020 $87,296,138 $108,225,549 $19,771,858 $-20,929,411
2019 $81,584,795 $90,890,034 $21,366,377 $-9,305,239
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