Duke University Affiliated Physicans Inc
85% goes to programs Growing revenue
Duke University Affiliated Physicans Inc is a 501(c)(3) organization based in Durham, North Carolina, registered in 1996, with $230,451,132 in FY2023 revenue. CharityIndex grades it B+, and it directs about 85% of spending to programs.
2200 W Main St Ste 300, Durham, NC, 27705 EIN 56-1902501 Since 1996
Revenue (FY2023)
$230.5M
▲ 14.6% vs prior year
Health median: $840K
Expenses (FY2023)
$282.9M
Net assets
$34.1M
Employees
1,754
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating85% to programs
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 Duke University Affiliated Physicans Inc: 85% to programs earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -23% margin
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 Duke University Affiliated Physicans Inc: 1 mo reserves · -23% margin earns a C+ on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
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 Duke University Affiliated Physicans Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Duke University Affiliated Physicans Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o for organization's mission statement to provide community-based, high quality and efficient patient care through a comprehensive primary care network that is responsive to our community's changing healthcare needs.
Contact & location
- Address
- 2200 W Main St Ste 300, Durham, NC, 27705
- City
- Durham
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $90.8M (FY2013) to $230.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $49.1MNet assets $34.1M
Operating margin
-22.8%
Spent more than it raised in the latest fiscal year.
Total assets
$83.1M
Total liabilities
$49.1M
Net assets
$34.1M
Salaries & benefits
$205.9M
73% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $230,451,132▲14.6% | $282,885,401▲8.1% | $34,061,681▼12.5% | $83,134,337▼1.0% | 990 |
| 2022 | $201,029,518▲6.6% | $261,807,855▲10.4% | $38,917,445▼7.0% | $83,987,704▼2.9% | 990 |
| 2021 | $188,533,176▲10.2% | $237,222,495▲3.4% | $41,862,115▲14.2% | $86,490,226 | 990 |
| 2020 | $171,120,861▲20.7% | $229,367,693▲23.7% | $36,669,058▼9.1% | $86,448,101▲21.7% | 990 |
| 2019 | $141,806,343▲1.7% | $185,425,376▲10.8% | $40,345,390▲6.5% | $71,060,826▲3.7% | 990 |
| 2018 | $139,398,683▲3.9% | $167,283,720▲14.6% | $37,888,608▲17.3% | $68,528,124▲18.7% | 990 |
| 2017 | $134,151,965▲7.8% | $145,926,577▲9.3% | $32,293,356▲9.5% | $57,712,947▲10.8% | 990 |
| 2016 | $124,416,611▲8.7% | $133,517,477▲14.6% | $29,485,792▲160% | $52,108,701▲67.1% | 990 |
| 2015 | $114,497,846▲9.1% | $116,481,668▲9.2% | $11,338,786▼3.9% | $31,175,029▲11.2% | 990 |
| 2014 | $104,934,980▲15.6% | $106,644,750▲8.2% | $11,794,040▼48.3% | $28,039,849▼23.4% | 990 |
| 2013 | $90,792,988 | $98,519,709▲16.9% | $22,805,682▲7.7% | $36,626,192▲12.8% | 990 |
| 2011 | — | $84,277,837▲2.9% | $21,174,174▼9.8% | $32,463,538▼4.9% | 990 |
| 2010 | — | $81,873,012▲8.3% | $23,485,968▲1.6% | $34,125,901▲4.1% | 990 |
| 2009 | — | $75,608,754 | $23,109,510 | $32,774,810 | 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.
Leadership & compensation (FY2023)
Highest-paid: John Yeatts — $441,683 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Yeatts | Physician | 40 | $441,683 |
| Kevin Shah Md | Chief Medical Officer, Dpc | 40 | $437,193 |
| Laura Hardin-lee | Physician | 40 | $411,672 |
| Bruce T Peyser Md | Physician | 40 | $401,092 |
| Alexandre Huin | Physician | 40 | $377,641 |
| Rushad Shroff | Physician | 40 | $377,223 |
| Elizabeth Long | Chief Operating Officer, Dpc | 60 | $262,814 |
| John B Anderson Jr Md | Former Key Employee | 40 | $212,654 |
| Christy M Gudaitis | Former Officer | 0 | — |
| Craig T Albanese Md | Part Year Director/president | 0.1 | — |
| John P Mordach | Former Director | 0 | — |
| Laura Huffman Lockamy | Secretary | 0.1 | — |
| Lisa M Goodlett | Part Year Director/part Year Treasurer | 0.1 | — |
| Richard P Shannon Md | Part Year Director | 0.1 | — |
| Robert N Willis | Part Year Director/treasurer | 0.1 | — |
| Thomas A Owens Md | Director/vice President | 0.1 | — |
| William J Fulkerson Md | Former Officer | 0 | — |
Grants received · $378K total
2 grants to Duke University Affiliated Physicans Inc totaling $378K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Global Fishing Watch Inc | This project plans to identify ten fishing nations along with their fishing fleet that will be decided based on their size, the impacts of their fleets primary gear type, if the flag state is used as a corporate safe haven for offshore corporations, their rfmo member state status, or other research criteria. | 2024 | $218,861 |
| Global Fishing Watch Inc | Research to secure a safe place for small scale fisheries in an increasingly crowded ocean. | 2023 | $159,052 |
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Compare Duke University Affiliated Physicans Inc
Frequently asked questions
- Is Duke University Affiliated Physicans Inc a legitimate nonprofit?
- Yes. Duke University Affiliated Physicans Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1902501, based in Durham, North Carolina. Donations are tax-deductible.
- What is Duke University Affiliated Physicans Inc's EIN?
- Duke University Affiliated Physicans Inc's Employer Identification Number (EIN) is 56-1902501.
- How much revenue does Duke University Affiliated Physicans Inc report?
- Duke University Affiliated Physicans Inc reported $230,451,132 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Duke University Affiliated Physicans Inc's spending goes to programs?
- Duke University Affiliated Physicans Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Duke University Affiliated Physicans Inc have?
- CharityIndex grades Duke University Affiliated Physicans Inc B+, based on program efficiency and fundraising cost.
- How much does Duke University Affiliated Physicans Inc's highest-paid employee make?
- The highest reported compensation on Duke University Affiliated Physicans Inc's latest Form 990 is $441,683, paid to John Yeatts (Physician).
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Data for Duke University Affiliated Physicans Inc (EIN 56-1902501) 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.