ATHENS REGIONAL PHYSICIANS SERVICES INC

EIN: 582332921 501(c)(3) Education

ATHENS, GA

Total Revenue
$33,741,135
Total Expenses
$33,944,946
Total Assets
$15,611,347
Net Assets
$4,313,420
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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
1998
Legal Domicile
GA
Principal Officer
MR J MICHAEL BURNETT
Phone
7064757000
Tax Period
2022-07-01 to 2023-06-30

ATHENS REGIONAL PHYSICIANS SERVICES INC, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $33.7M in total revenue in fiscal year 2022.

Mission

TO SERVE AND PROMOTE THE PUBLIC HEALTH OF THE GENERAL POPULATION.

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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 $0
Program Service Revenue $34,895,924
Investment Income $9,567
Other Revenue $-1,164,356
TOTAL REVENUE $33,741,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,281,856
Fundraising Expenses $0
Program Expenses $27,841,653
Other Expenses $10,663,090
TOTAL EXPENSES $33,944,946

Year-over-Year Comparison

2022 2021 Change
Revenue $33,741,135 $32,532,638 +0.0%
Expenses $33,944,946 $32,376,426 +0.0%
Net Income $-203,811 $156,212 -2.3%
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
13
Independent Members
7
Employees
202
Volunteers
7

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
$4,638,696
Total Directors
13
$6,739,293
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR KEVIN BROWN BOARD MEMBER 1.0
Director
$0 $423,467 $3,608,546
Mr Michael Mandl Board Member 1.0
Director
$0 $196,054 $1,776,652
Ms Elizabeth Leddy SECRETARY/CLO PHC 1.0
Officer
$0 $138,711 $1,528,196
Mr Thomas Arnold TREASURER/CFO PHC 1.0
Officer
$0 $130,741 $1,304,185
Mr J Michael Burnett CEO, PARMC 1.0
Officer Director
$0 $128,961 $1,176,264
Ms Wendy Cook CFO, PARMC 1.0
Officer
$0 $39,774 $574,757
DR JOHN HILL PHYSICIAN 40.0
Highest
$507,632 $19,844 $527,476
DR MATTHEW BAKER PHYSICIAN 40.0
Highest
$467,451 $40,429 $507,880
DR JYOTIR JANI PHYSICIAN 40.0
Highest
$452,908 $40,357 $493,265
DR FAREHA RAHIM PHYSICIAN 40.0
Highest
$448,808 $40,187 $488,995
DR HENRY GARRARD PHYSICIAN 40.0
Highest
$444,422 $32,820 $477,242
Mr Michael McAnder FORMER TREASURER/CFO 0.0
$0 $0 $150,106
Dr Carolann Eisenhart Board Member 1.0
Director
$0 $0 $85,080
Dr David Sailors Board Member/CHAIR 1.0
Officer Director
$0 $0 $55,294
DR KELLY GROW BOARD MEMBER 1.0
Director
$0 $0 $37,457
Ms Cheryl Legette Board Member/VICE CHAIR 1.0
Director
$0 $0 $0
Mr Alan Reddish Board Member 1.0
Director
$0 $0 $0
Ms Kim Ripps Board Member 1.0
Director
$0 $0 $0
Dr Samuel K Thomason Board Member 1.0
Director
$0 $0 $0
Mr Tony Townley Board Member 1.0
Director
$0 $0 $0
MR PHILIP E BETTENDORF Board Member 1.0
Director
$0 $0 $0
MR ROSWELL LAWRENCE JR BOARD MEMBER 1.0
Director
$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 $33,741,135 $33,944,946 $15,611,347 $-203,811
2022 $32,532,638 $32,376,426 $18,150,713 $156,212
2021 $29,787,030 $31,581,633 $5,832,166 $-1,794,603
2020 $26,291,930 $29,579,356 $2,927,414 $-3,287,426
2019 $26,151,603 $25,870,109 $21,506,217 $281,494
2018 $31,553,110 $31,545,309 $14,868,954 $7,801
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