Franciscan Medical Group
94% goes to programs $0 to raise $100 Thin reserves
Franciscan Medical Group is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2001, with $462,416,165 in FY2023 revenue. CharityIndex grades it C+, and it directs about 94% of spending to programs.
3033 N 3rd Ave, Phoenix, AZ, 85013 EIN 91-1939739 Since 2001
Revenue (FY2023)
$462.4M
▲ 2.8% vs prior year
Health median: $840K
Expenses (FY2023)
$683.3M
Net assets
-$12.4M
Employees
3,404
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating94% 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 Franciscan Medical Group: 94% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -48% 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 Franciscan Medical Group: 0 mo reserves · -48% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Franciscan Medical Group: 5 of 6 checks met earns a A 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 Franciscan Medical Group: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Fmg was founded on the principle to provide compassionate care to everyone regardless of ability to pay or social status. fmg includes an expanding network of clinics.
Contact & location
- Address
- 3033 N 3rd Ave, Phoenix, AZ, 85013
- City
- Phoenix
- State
- Arizona
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $336.6M (FY2013) to $462.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $232.0MNet assets -$12.4M
Operating margin
-47.8%
Spent more than it raised in the latest fiscal year.
Total assets
$219.6M
Total liabilities
$232.0M
Net assets
-$12.4M
Salaries & benefits
$446.5M
65% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $462,416,165▲2.8% | $683,300,738▲4.0% | -$12,388,498▼205% | $219,623,828▼9.0% | 990 |
| 2022 | $449,672,207▲1.1% | $657,094,717▲4.1% | -$4,060,744▼270% | $241,262,844▼10.0% | 990 |
| 2021 | $444,900,424▲7.9% | $631,294,583▲2.4% | $2,389,170▼65.6% | $267,954,857▼8.4% | 990 |
| 2020 | $412,494,717▲7.9% | $616,668,742▲5.7% | $6,936,863▼71.2% | $292,427,828▼5.5% | 990 |
| 2019 | $382,261,799▼30.4% | $583,644,653▲6.0% | $24,087,560▼53.3% | $309,464,643▲130% | 990 |
| 2018 | $549,175,101▲2.6% | $550,856,288▲1.1% | $51,625,230▼3.2% | $134,272,107▼6.7% | 990 |
| 2017 | $535,479,211▲13.3% | $545,004,162▲17.6% | $53,306,417▼15.2% | $143,990,204▲0.3% | 990 |
| 2016 | $472,469,603▲39.9% | $463,277,277▲28.1% | $62,831,368▲17.1% | $143,514,198▲25.4% | 990 |
| 2015 | $337,672,916▲3.9% | $361,556,848▲12.0% | $53,639,042▼30.8% | $114,490,543▼11.4% | 990 |
| 2014 | $324,898,292▼3.5% | $322,752,738▲14.9% | $77,522,974▲2.8% | $129,221,807▲1.0% | 990 |
| 2013 | $336,631,436 | $281,005,092▲25.4% | $75,377,420▲282% | $127,916,333▲153% | 990 |
| 2012 | — | $224,016,676▲22.8% | $19,751,076▼54.6% | $50,505,629▼5.5% | 990 |
| 2011 | — | $182,493,912▲8.6% | $43,503,411▲45.8% | $53,422,192▲24.9% | 990 |
| 2010 | — | $168,009,262▲16.5% | $29,841,926▲16.6% | $42,776,504▲13.9% | 990 |
| 2009 | — | $144,153,917 | $25,585,771 | $37,547,884 | 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: Marc Goldman — $1,660,954 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marc Goldman | Neurosurgeon | 40 | $1,660,954 |
| Gurdip Bhatia | Anesthesiologist | 40 | $1,635,736 |
| Eathar Razak | Electro Physiologist | 40 | $1,442,929 |
| Satyavardhan Pulukurthy | Cardiologist | 40 | $1,411,116 |
| Michael Bidus | Gynecologist Oncology | 40 | $1,390,393 |
| Donna Smith | President (through 4/1/24) | 40 | $729,948 |
| Jane Root | Interim President | 40 | $401,117 |
| Bob Carlile | Board Member | 2 | — |
| Carolyn Corvi | Board Member | 2 | — |
| Chuck Arnold | Board Member | 2 | — |
| David Butcherite | Former Treasurer/div Vp Finance | 0 | — |
| David Nosacka | Treasurer/svp&cfo Northwest Region | 2 | — |
| Dennis Hunthausen | Board Member | 2 | — |
| Diann Puls CPA | Board Member | 2 | — |
| Gregg Meyer Md Msc | Board Member | 2 | — |
| James Civilla | Board Member | 2 | — |
| James Smalley | Board Member | 2 | — |
| John Oppenheimer | Board Member | 2 | — |
| Karen Lee | Board Member | 2 | — |
| Larry Bjork | Board Member | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Doctors Clinic | Medical Services | $59,496,521 |
| Pulmonary Consultants | Consulting Services | $9,218,745 |
| Welltower Inc | Real Estate Services | $7,130,977 |
| Pacific Anesthesia PC | Anesthesia Services | $4,293,968 |
| Weatherby Locums Inc | Physician Staffing Services | $3,094,181 |
Grants received · $833.6M total
6 grants to Franciscan Medical Group totaling $833.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Franciscan Health System | Program support | 2018 | $170,522,980 |
| Franciscan Health System | Program support | 2017 | $155,811,102 |
| Franciscan Health System | Program support | 2017 | $155,811,102 |
| Franciscan Health System | Program support | 2016 | $152,938,390 |
| Franciscan Health System | Program support | 2015 | $95,468,110 |
| Franciscan Health System | General support | 2014 | $103,040,062 |
Grants made · $9,000 in FY2014
1 grant totaling $9,000 in FY2014. All grants made by Franciscan Medical Group →
| Recipient | Purpose | Amount |
|---|---|---|
| Franciscan Foundation Washington | General support | $9,000 |
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Frequently asked questions
- Is Franciscan Medical Group a legitimate nonprofit?
- Yes. Franciscan Medical Group is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-1939739, based in Phoenix, Arizona. Donations are tax-deductible.
- What is Franciscan Medical Group's EIN?
- Franciscan Medical Group's Employer Identification Number (EIN) is 91-1939739.
- How much revenue does Franciscan Medical Group report?
- Franciscan Medical Group reported $462,416,165 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Franciscan Medical Group's spending goes to programs?
- Franciscan Medical Group spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Franciscan Medical Group have?
- CharityIndex grades Franciscan Medical Group C+, based on program efficiency and fundraising cost.
- How much does Franciscan Medical Group's highest-paid employee make?
- The highest reported compensation on Franciscan Medical Group's latest Form 990 is $1,660,954, paid to Marc Goldman (Neurosurgeon).
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Data for Franciscan Medical Group (EIN 91-1939739) 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.