Point Washington Medical Clinic Inc

EIN: 831125021 501(c)(3) Health Care

Santa Rosa Beach, FL

Total Revenue
$1,157,691
Total Expenses
$566,226
Total Assets
$3,366,449
Net Assets
$3,279,148
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Hillary Glenn
Phone
8502131133
Tax Period
2023-01-01 to 2023-12-31

Point Washington Medical Clinic Inc, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $591K, a strong 51% operating margin.

Mission

The mission of Point Washington Medical Clinic (PWMC) is to build a stronger and healthier community by providing high quality primary health care regardless of the patient's means or access. By being volunteer driven, PWMC's own costs will be maintained at a substantially lower cost per patient than other providers. This mission is being met through the operation of a free healthcare clinic in Walton County, Florida.

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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 (2023)

Revenue Breakdown

Contributions & Grants $963,663
Program Service Revenue $24,449
Investment Income $37,354
Other Revenue $132,225
TOTAL REVENUE $1,157,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,620
Fundraising Expenses $29,276
Program Expenses $533,678
Other Expenses $454,606
TOTAL EXPENSES $566,226

Year-over-Year Comparison

2023 2022 Change
Revenue $1,157,691 $1,187,863 0.0%
Expenses $566,226 $467,023 +0.2%
Net Income $591,465 $720,840 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
5
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
5
$184,377
Total Directors
11
$184,377
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hillary Glenn Executive Director 50.00
Officer Director
$184,377 $0 $184,377
Philip Justiss Chairman, Director 1.00
Officer Director
$0 $0 $0
Mark McDavid Vice Chairman, Director 1.00
Officer Director
$0 $0 $0
Rosanne Crocker Treasurer, Director 3.00
Officer Director
$0 $0 $0
Nathan Cordle Secretary, Director 1.00
Officer Director
$0 $0 $0
Jacqueline Ward Director 2.00
Director
$0 $0 $0
Shannon Kramolis Director 5.00
Director
$0 $0 $0
Mike Gavigan Director 1.00
Director
$0 $0 $0
Valaria Wallace Director 1.00
Director
$0 $0 $0
Judy Brock Director 1.00
Director
$0 $0 $0
Grove Fisher Director 1.00
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
2024 No data No data No data No data
2023 $1,157,691 $566,226 $3,366,449 $591,465
2022 $1,187,863 $467,023 $2,694,692 $720,840
2021 $1,286,223 $474,113 $1,971,404 $812,110
2020 $1,096,554 $378,929 $1,155,609 $717,625
2019 $306,366 $127,135 $440,643 $179,231
2018 $263,169 $5,292 $257,877 $257,877
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