Florida Hospital Physician Group Inc (EIN 462021581) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Jennifer Snider

Phone

8139716000

Tax Period

2023-01-01 to 2023-12-31

Florida Hospital Physician Group Inc, founded in 2013, is a major nonprofit that reported $326.6M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Operation of physician practices and provision of related medical services.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $326,617,376

Investment Income $16,261

Other Revenue $4,061

TOTAL REVENUE $326,637,698

Expense Breakdown

Grants Paid $18,000

Salaries & Benefits $214,819,595

Fundraising Expenses $0

Program Expenses $309,746,654

Other Expenses $119,239,656

TOTAL EXPENSES $334,077,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$326,637,698	$259,652,091	+0.3%
Expenses	$334,077,251	$264,886,204	+0.3%
Net Income	$-7,439,553	$-5,234,113	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

1868

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

$1,900,627

Total Directors

$8,275,204

Key Employees

$857,825

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ottati David	Dir/Reg CEO/Chairman	0.50	Director	$0	$214,123	$2,195,971
Bergherm Bruce	Dir/Reg SEO Acute Care	0.50	Director	$0	$36,935	$1,701,501
Stiltz Bryan	Director	0.50	Director	$0	$167,645	$1,394,176
Didenko Vadym	Dir/Treas/Reg CFO	0.50	Director	$0	$152,149	$1,082,929
Johannessen John	Dir/Reg SEO NonAcute Svcs (end 3/23)	32.00	Officer Director	$0	$37,571	$865,323
Presswood Clay	Director/CFO	32.00	Officer Director	$0	$94,552	$518,958
Snider Jennifer	Director/CEO	50.00	Officer Director	$0	$82,924	$516,346
Chan MD Rainer	CMO	50.00	Key Emp	$0	$76,794	$571,496
Mooney Matthew	COO	50.00	Key Emp	$0	$31,621	$286,329
Sucandy MD Iswanto	Physician	50.00	Highest	$3,114,104	$46,258	$3,160,362
Quefatieh MD Amir	Physician	50.00	Highest	$1,828,726	$46,209	$1,874,935
Ross MD Sharona	Physician	50.00	Highest	$1,725,991	$36,228	$1,762,219
Irwin MD James	Physician	50.00	Highest	$1,502,218	$0	$1,502,218
Rahman MD Rubayat N	Physician	50.00	Highest	$1,376,488	$48,827	$1,425,315
McGuinness Robin J	Former Key Employee	0.00		$0	$72,958	$724,095

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	No data	No data	No data	No data
2023	$326,637,698	$334,077,251	$51,585,771	$-7,439,553
2022	$259,652,091	$264,886,204	$46,483,229	$-5,234,113
2021	$202,269,880	$206,523,043	$40,564,224	$-4,253,163
2020	$161,682,014	$164,692,188	$36,255,479	$-3,010,174
2019	$142,340,566	$144,512,719	$23,587,588	$-2,172,153
2018	$103,377,784	$105,954,904	$12,387,742	$-2,577,120

Florida Hospital Physician Group Inc