First Choice Physician Partners
93% goes to programs $0 to raise $100 Thin reserves Declining revenue
First Choice Physician Partners is a 501(c)(3) organization based in Dallas, Texas, registered in 2011, with $110,251,799 in FY2024 revenue. CharityIndex grades it B+, and it directs about 93% of spending to programs.
14201 Dallas Pkwy, Dallas, TX, 75254 EIN 27-3597066 Since 2011
Revenue (FY2024)
$110.3M
▼ 40.2% vs prior year
Health median: $840K
Expenses (FY2024)
$118.8M
Net assets
$7.3M
Employees
17
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
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 First Choice Physician Partners: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -8% 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 First Choice Physician Partners: 1 mo reserves · -8% 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 First Choice Physician Partners: 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 First Choice Physician Partners: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide health care services and perform medical and clinical research in the public interest.
Contact & location
- Address
- 14201 Dallas Pkwy, Dallas, TX, 75254
- City
- Dallas
- State
- Texas
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $39.2M (FY2013) to $110.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.2MNet assets $7.3M
Operating margin
-7.7%
Spent more than it raised in the latest fiscal year.
Total assets
$31.6M
Total liabilities
$24.2M
Net assets
$7.3M
Salaries & benefits
$1.8M
2% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $110,251,799▼40.2% | $118,761,744▼35.1% | $7,345,157▼61.7% | $31,559,861▼42.6% | 990 |
| 2023 | $184,495,361▲9.8% | $182,970,333▲10.3% | $19,159,865▲16.5% | $55,027,063▼1.3% | 990 |
| 2022 | $168,073,406▼1.5% | $165,825,618▼2.5% | $16,442,247▲13.0% | $55,743,052▼10.6% | 990 |
| 2021 | $170,618,554▲0.7% | $170,011,313▼0.6% | $14,546,663▲3.0% | $62,382,760▼2.4% | 990 |
| 2020 | $169,496,929▲11.3% | $171,019,345▲15.6% | $14,117,264▼10.6% | $63,939,765▲14.8% | 990 |
| 2019 | $152,234,843▲41.1% | $147,902,755▲39.8% | $15,792,505▲19.1% | $55,719,128▲111% | 990 |
| 2018 | $107,875,738▲20.7% | $105,803,772▲19.5% | $13,257,710▲22.4% | $26,468,979▲24.5% | 990 |
| 2017 | $89,378,559▲13.4% | $88,552,798▲17.0% | $10,831,679▲6.8% | $21,262,307▼5.3% | 990 |
| 2016 | $78,804,906▲13.8% | $75,688,732▲7.7% | $10,145,993▲44.3% | $22,453,191▲46.9% | 990 |
| 2015 | $69,263,120▲18.0% | $70,304,504▲22.1% | $7,032,437▼12.7% | $15,284,411▲17.2% | 990 |
| 2014 | $58,686,754▲49.9% | $57,559,158▲56.5% | $8,058,432▲16.3% | $13,041,226▲30.4% | 990 |
| 2013 | $39,154,141 | $36,783,561▲101% | $6,927,509▲52.0% | $9,997,308▲27.4% | 990 |
| 2012 | — | $18,278,110 | $4,556,929 | $7,846,182 | 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 (FY2024)
Highest-paid: Lisa R Walker — $171,024 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lisa R Walker | Assoc Dir Tpr Ops | 40 | $171,024 |
| Jennifer Howard | Director, President, Ceo (beg 7/24) | 40 | $149,706 |
| Ellyse Lathrop | Physician Recruiter | 40 | $128,744 |
| Amy Rodriguez | Assoc Dir Tpr Ops | 40 | $127,924 |
| Frank Gonzales Manager | Manager, Market Practice Operations | 40 | $118,301 |
| Marla Drake | Spec Coding Educator | 40 | $105,774 |
| Jessica Shields | Director | 5 | — |
| John B Kelsall | Director | 5 | — |
| Kristin A Taylor | Assistant Treasurer | 5 | — |
| Philipp Ludwig | Director, President, Ceo (end 7/24) | 40 | — |
| Scott Nelson | Director | 5 | — |
| Sharilee Smith | Assistant Treasurer | 5 | — |
| Susan Byrne | Director | 5 | — |
| Trey Horton | Treasurer & Secretary | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Desert Physicians Medical Group Health | Administrative & Professional Fees | $1,965,107 |
| Gahc4 Modesto Ca Mob LLC | Administrative & Professional Fees | $1,765,083 |
| Ramin Pooyan Do Inc | Administrative & Professional Fees | $1,506,619 |
| Louis Stabile Md | Administrative & Professional Fees | $1,200,195 |
| Deseret Heart Institute | Administrative & Professional Fees | $790,763 |
Grants received · $7,637 total
1 grant to First Choice Physician Partners totaling $7,637, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $7,637 |
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Frequently asked questions
- Is First Choice Physician Partners a legitimate nonprofit?
- Yes. First Choice Physician Partners is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-3597066, based in Dallas, Texas. Donations are tax-deductible.
- What is First Choice Physician Partners's EIN?
- First Choice Physician Partners's Employer Identification Number (EIN) is 27-3597066.
- How much revenue does First Choice Physician Partners report?
- First Choice Physician Partners reported $110,251,799 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of First Choice Physician Partners's spending goes to programs?
- First Choice Physician Partners spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does First Choice Physician Partners have?
- CharityIndex grades First Choice Physician Partners B+, based on program efficiency and fundraising cost.
- How much does First Choice Physician Partners's highest-paid employee make?
- The highest reported compensation on First Choice Physician Partners's latest Form 990 is $171,024, paid to Lisa R Walker (Assoc Dir Tpr Ops).
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Data for First Choice Physician Partners (EIN 27-3597066) 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.