Mcleod Physician Associates II
94% goes to programs $0 to raise $100 Thin reserves Growing revenue
Mcleod Physician Associates II is a 501(c)(3) organization based in Florence, South Carolina, registered in 2006, with $257,952,247 in FY2023 revenue. CharityIndex grades it C, and it directs about 94% of spending to programs.
506 E Cheves St, Florence, SC, 29506 EIN 20-2935692 Since 2006
Revenue (FY2023)
$258.0M
▲ 6.7% vs prior year
Health median: $840K
Expenses (FY2023)
$351.7M
Net assets
-$284.4M
Employees
2,342
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 Mcleod Physician Associates II: 94% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -36% 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 Mcleod Physician Associates II: 0 mo reserves · -36% margin earns a F 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 Mcleod Physician Associates II: 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 Mcleod Physician Associates II: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Physician services
Contact & location
- Address
- 506 E Cheves St, Florence, SC, 29506
- City
- Florence
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $101.3M (FY2013) to $258.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $358.4MNet assets -$284.4M
Operating margin
-36.3%
Spent more than it raised in the latest fiscal year.
Total assets
$73.9M
Total liabilities
$358.4M
Net assets
-$284.4M
Salaries & benefits
$276.9M
79% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $257,952,247▲6.7% | $351,704,549▲8.7% | -$284,448,796▼49.2% | $73,928,533▼6.1% | 990 |
| 2022 | $241,769,548▲3.2% | $323,461,735▲9.8% | -$190,696,494▼74.9% | $78,735,758▲37.3% | 990 |
| 2021 | $234,225,920▲37.4% | $294,644,963▲31.9% | -$109,004,307▼124% | $57,330,426▲25.8% | 990 |
| 2020 | $170,435,778▲25.4% | $223,425,777▲12.0% | -$48,585,264▼1203% | $45,574,121▲1.2% | 990 |
| 2019 | $135,907,322▲3.2% | $199,565,153▲7.1% | $4,404,735▲102% | $45,047,111▼1.4% | 990 |
| 2018 | $131,693,465▼1.6% | $186,418,657▼6.1% | -$289,648,820▼23.3% | $45,674,637▲2.2% | 990 |
| 2017 | $133,884,810▲2.4% | $198,521,918▲5.4% | -$234,923,628▼37.5% | $44,713,165▲10.6% | 990 |
| 2016 | $130,742,345▼1.3% | $188,384,092▲20.5% | -$170,805,158▼50.9% | $40,436,350▲9.2% | 990 |
| 2015 | $132,427,461▲10.5% | $156,295,131▲14.1% | -$113,163,411▼26.7% | $37,046,172▲43.8% | 990 |
| 2014 | $119,808,564▲18.2% | $136,989,878▲16.0% | -$89,295,741▼23.8% | $25,755,485▲52.2% | 990 |
| 2013 | $101,337,338 | $118,145,349▲4.0% | -$72,114,427▼30.4% | $16,927,172▲6.6% | 990 |
| 2012 | — | $113,567,366▲20.7% | -$55,306,416▼35.3% | $15,880,831▲2.4% | 990 |
| 2011 | — | $94,075,812▲28.5% | -$40,869,676▼70.4% | $15,513,948▲28.6% | 990 |
| 2010 | — | $73,223,491▲20.1% | -$23,978,931▼56.7% | $12,065,445▲38.5% | 990 |
| 2009 | — | $60,982,814 | -$15,301,790 | $8,709,821 | 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: Patrick Denton Md — $1,897,690 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patrick Denton Md | Staff Physician | 39 | $1,897,690 |
| Christopher P Walsh Md | Staff Physician | 40 | $1,460,180 |
| William Naso Md | Staff Physician | 40 | $1,263,440 |
| Prabal Guha Md | Staff Physician | 40 | $1,252,463 |
| Anil Om Md | Staff Physician | 40 | $1,248,837 |
| Kenneth D Beasley | Ceo Mpa Ii/sr Vice President | 40 | $673,749 |
| Matthew Johnson Md | Corporate Coo | 1 | — |
| Michael E Payne | Vice President | 39 | — |
| S Fulton Ervin III | Corporate Sr. Vp/cfo | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Eclinical Works LLC | Software Maintenance | $2,338,721 |
| Coastal Healthcare Resources | Contract Labor | $2,307,026 |
| Promed Global Assistance Group | Contract Labor | $1,594,505 |
| Locumtenens Com | Medical Services | $1,058,986 |
| Musc | Medical Services | $777,875 |
Similar organizations in Health
Health
Georgetown Memorial Hospital
Georgetown, SC
$267.1M
B+annual revenue
Waccamaw Community Hospital
Georgetown, SC
$225.6M
Aannual revenue
Health
Prisma Health Tuomey
Greenville, SC
$215.3M
Aannual revenue
Health
Roper Saint Francis Physicians Network
Ladson, SC
$213.0M
Cannual revenue
Georgetown Hospital System
Georgetown, SC
$209.5M
C+annual revenue
Health
Hopehealth Inc
Florence, SC
$200.5M
Aannual revenue
- Health
Greenville Health Corporation
Greenville, SC
$196.3M
B+annual revenue
Health
Mcleod Health
Florence, SC
$340.8M
C+annual revenue
Health
Conway Hospital Inc
Conway, SC
$358.2M
Aannual revenue
Health
Bon Secours Medical Group Greenville Specialty Care LLC
Greenville, SC
$155.6M
Cannual revenue
Compare Mcleod Physician Associates II
Frequently asked questions
- Is Mcleod Physician Associates II a legitimate nonprofit?
- Yes. Mcleod Physician Associates II is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-2935692, based in Florence, South Carolina. Donations are tax-deductible.
- What is Mcleod Physician Associates II's EIN?
- Mcleod Physician Associates II's Employer Identification Number (EIN) is 20-2935692.
- How much revenue does Mcleod Physician Associates II report?
- Mcleod Physician Associates II reported $257,952,247 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcleod Physician Associates II's spending goes to programs?
- Mcleod Physician Associates II spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcleod Physician Associates II have?
- CharityIndex grades Mcleod Physician Associates II C, based on program efficiency and fundraising cost.
- How much does Mcleod Physician Associates II's highest-paid employee make?
- The highest reported compensation on Mcleod Physician Associates II's latest Form 990 is $1,897,690, paid to Patrick Denton Md (Staff Physician).
More nonprofits in Florence
Explore more
Data for Mcleod Physician Associates II (EIN 20-2935692) 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.