Florida Essential Healthcare Partnerships Foundation Inc

EIN: 853682775 501(c)(3) Health Care

Austin, TX

Total Revenue
$227,361,629
Total Expenses
$185,564,395
Total Assets
$42,489,663
Net Assets
$42,486,163
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
Donald Lee
Phone
5123229413
Tax Period
2023-01-01 to 2023-12-31

Florida Essential Healthcare Partnerships Foundation Inc, founded in 2020, is a major nonprofit in the Health Care sector that reported $227.4M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41.8M, a strong 18% operating margin.

Mission

THE CHARITABLE PURPOSE OF FLORIDA ESSENTIAL HEALTHCARE PARTNERSHIPS FOUNDATION IS TO INCREASE THE AMOUNT OF MEDICAID FUNDING AVAILABLE TO SUPPORT MEDICAL CARE FOR THE MEDICALLY INDIGENT POPULATION IN VARIOUS COUNTIES IN THE STATE OF FLORIDA. THE GRANT PROGRAM IS DESIGNED TO INCREASE THE FLOW OF MEDICAID AND OTHER SUPPLEMENTAL FEDERAL HEALTHCARE FUNDS TO FLORIDA PATIENTS, CONSISTENT WITH APPLICABLE FEDERAL AND STATE REQUIREMENTS.

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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 $226,815,001
Program Service Revenue $0
Investment Income $546,628
Other Revenue $0
TOTAL REVENUE $227,361,629

Expense Breakdown

Grants Paid $185,259,929
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,564,395
Other Expenses $304,466
TOTAL EXPENSES $185,564,395

Year-over-Year Comparison

2023 2022 Change
Revenue $227,361,629 $178,385,587 +0.3%
Expenses $185,564,395 $179,395,130 +0.0%
Net Income $41,797,234 $-1,009,543 -42.4%
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

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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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donald Lee President 9.00
Officer Director
$0 $0 $0
Dawn E Javersack Secretary 3.00
Officer Director
$0 $0 $0
Jules A Kariher Treasurer 3.00
Officer Director
$0 $0 $0
Brent Wilson Director 3.00
Director
$0 $0 $0
Todd Goodman Director 3.00
Director
$0 $0 $0
Matthew A Zunio Director 3.00
Director
$0 $0 $0
Eric D Shatanof Director 3.00
Director
$0 $0 $0
Eric F Graves Director 3.00
Director
$0 $0 $0
Webb M Cochran Director 3.00
Director
$0 $0 $0
Robert W Thornton Director&Chair 3.00
Officer Director
$0 $0 $0
Merrick S Morgan Director 3.00
Director
$0 $0 $0
Kim Myers Director 3.00
Director
$0 $0 $0
Leslie Flake Director 3.00
Director
$0 $0 $0
Stephen Harris Director 3.00
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 $227,361,629 $185,564,395 $42,489,663 $41,797,234
2022 $178,385,587 $179,395,130 $688,929 $-1,009,543
2021 $55,436,354 $53,737,882 $1,698,472 $1,698,472
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