Baptist Health Services is a 501(c)(3) organization based in Fort Smith, Arkansas, registered in 2020, with $72,316,675 in FY2024 revenue. CharityIndex grades it B, and it directs about 91% of spending to programs.
Revenue (FY2024)
$72.3M
▼ 10.0% vs prior year
Health median: $840K
Expenses (FY2024)
$72.3M
Net assets
$1.9M
Employees
309
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Baptist Health Services: 91% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Baptist Health Services: 0 mo reserves · -0% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Baptist Health Services: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Baptist Health Services: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Baptist health services exists to provide quality patient centered services to citizens in & around fort smith & van buren, ar with christian compassion & personal concern.
Revenue grew from $46.7M (FY2020) to $72.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$8.6M
Total liabilities
$6.7M
Net assets
$1.9M
Salaries & benefits
$59.7M
82% of expenses
Board members
3
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,316,675▼10.0% | $72,316,878▼10.0% | $1,926,341 | $8,621,288▼1.7% | 990 |
| 2023 | $80,351,022▼1.9% | $80,351,020▼1.9% | $1,926,544▼2.8% | $8,768,228▲26.8% | 990 |
| 2022 | $81,871,934▲6.5% | $81,871,955▲6.5% | $1,983,015▼2.5% | $6,917,053▼86.6% | 990 |
| 2021 | $76,869,884▲64.5% | $76,867,236▲12.9% | $2,034,314▼3.6% | $51,469,112▲205% | 990 |
| 2020 | $46,726,591 | $68,058,520 | $2,109,324 | $16,848,829 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Varant Arzoumanian — $1,584,642 (2.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Varant Arzoumanian | Physician | 40 | $1,584,642 |
| Nasser Adjei | Physician | 40 | $1,542,184 |
| Robert Parris | Physician | 40 | $1,257,316 |
| Raed Khairy | Physician | 40 | $1,223,809 |
| John Terrell | Physician | 40 | $1,181,339 |
| Brad Mitchell | Avp Practice Operations | 40 | $178,029 |
| Brent Beaulieu | Secretary/treasurer | 0.2 | — |
| Douglas Weeks | Vice President | 0.2 | — |
| Jeffrey Carrier | President - Western Ar / East Ok | 15 | — |
| Troy Wells | President | 0.2 | — |
| Will Rusher | Ceo/coo | 10 | — |
| Contractor | Services | Paid |
|---|---|---|
| Prime Physicians LLC | Lt Coverage | $9,536,819 |
| Cardiovascular and Thoracic Solutio | Lt Coverage | $1,605,900 |
Explore more
Data for Baptist Health Services (EIN 82-5433043) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.