Miami Cancer Institute At Baptist Health Inc
78% goes to programs $0 to raise $100 Thin reserves Growing revenue
Miami Cancer Institute At Baptist Health Inc is a 501(c)(3) organization based in Coral Gables, Florida, registered in 2016, with $112,935,556 in FY2023 revenue. CharityIndex grades it C, and it directs about 78% of spending to programs.
6855 Red Road Ste 600, Coral Gables, FL, 33143 EIN 47-3090066 Since 2016
Revenue (FY2023)
$112.9M
▲ 10.6% vs prior year
Diseases median: $206K
Expenses (FY2023)
$115.6M
Net assets
-$101.0M
Employees
1,190
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
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 →C+Program efficiency40% of the rating78% 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 Miami Cancer Institute At Baptist Health Inc: 78% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -2% 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 Miami Cancer Institute At Baptist Health Inc: 0 mo reserves · -2% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Miami Cancer Institute At Baptist Health Inc: 6 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 Miami Cancer Institute At Baptist Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See form 990, part iii, line 1
Contact & location
- Address
- 6855 Red Road Ste 600, Coral Gables, FL, 33143
- City
- Coral Gables
- State
- Florida
- Subcategory
- Cancer
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $14.4M (FY2016) to $112.9M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $127.6MNet assets -$101.0M
Operating margin
-2.3%
Spent more than it raised in the latest fiscal year.
Total assets
$26.6M
Total liabilities
$127.6M
Net assets
-$101.0M
Salaries & benefits
$68.4M
59% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,935,556▲10.6% | $115,572,840▲2.7% | -$100,974,896▼2.7% | $26,608,237▲5.1% | 990 |
| 2022 | $102,141,214▲1.3% | $112,502,774▲3.2% | -$98,337,612▼11.8% | $25,310,964▼10.7% | 990 |
| 2021 | $100,806,446▲20.3% | $109,003,101▲20.1% | -$87,976,052▼10.3% | $28,335,227▲8.2% | 990 |
| 2020 | $83,763,407▲6.8% | $90,752,702▲9.2% | -$79,779,397▼9.6% | $26,197,765▲49.7% | 990 |
| 2019 | $78,414,152▲105% | $83,111,224▲55.5% | -$72,790,102▼6.9% | $17,505,113▲602% | 990 |
| 2018 | $38,257,565▲54.9% | $53,442,081▲10.5% | -$68,093,030▼28.7% | $2,493,987▼9.1% | 990 |
| 2017 | $24,695,778▲71.4% | $48,349,823▲10.7% | -$52,908,513▼80.9% | $2,742,594▲122% | 990 |
| 2016 | $14,407,181 | $43,661,649 | -$29,254,468 | $1,237,362 | 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: Mark Davis — $1,968,330 (1.70% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Davis | Coo | 50 | $1,968,330 |
| Leonard Kalman Md | Cmo | 10 | $1,046,946 |
| Michele Ryder | Former Coo/cno | 0 | $696,721 |
| Vicki Dian Caraway | Vp Nursing | 50 | $559,861 |
| Paul Lindeman | Medical Director | 45 | $549,428 |
| Margarita Pons | Vp | 50 | $500,242 |
| Maria B Currier | Physician | 45 | $408,528 |
| Steven G Holan | Vp | 45 | $373,111 |
| Marguerite Rowell | Avp Nursing | 45 | $307,479 |
| Maria A Suarez | Avp Nursing | 45 | $264,542 |
| Alan A Gomez | Vp of Finance - Mci & Physician Ops | 25 | — |
| Albert Dotson Jr | Director | 2 | — |
| Bruce Beal | Director | 2 | — |
| Eduardo Vargas | Director | 2 | — |
| Guenther Koehne | Dep Director | 50 | — |
| John Haley | Director | 2 | — |
| John H Dasburg | Director | 2 | — |
| Jorge Rico | Director - Beg 01/2024 | 2 | — |
| Michael Zinner Md | Ceo | 50 | — |
| Minesh Mehta Md | Dir. Radiation Oncology | 50 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mercury Healthcare Inc DBA Webmd Ignite | Physician Services | $1,768,468 |
| Memorial Sloan-kettering Cancer Center | Physician Services | $1,739,596 |
| Cota Inc | Consulting Services | $590,180 |
| Choice Voice Answering Service LLC | Professional Services | $317,297 |
| Derek Smith Law Group Pllc Co Ana | Professional Services | $205,000 |
Grants received · $30.1M total
16 grants to Miami Cancer Institute At Baptist Health Inc totaling $30.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Baptist Health South Florida Foundation Inc | Operations, property & equipment acquisitions | 2023 | $7,737,699 |
| Baptist Health South Florida Foundation Inc | Operations, property & equipment acquisitions | 2022 | $6,159,877 |
| Public Health Institute | Research | 2022 | $7,833 |
| Baptist Health South Florida Foundation Inc | Operations, property equipment acquisitions | 2021 | $3,896,773 |
| Baptist Health South Florida Foundation Inc | Operations | 2020 | $2,348,134 |
| The Childrens Hospital of Philadelphia | Research | 2020 | $17,200 |
| Baptist Health South Florida Foundation Inc | Operations | 2019 | $8,571,235 |
| The Childrens Hospital of Philadelphia | Research | 2019 | $11,750 |
| Greater Miami Jewish Federation | General support to carry out the mission of the organization | 2018 | $250,000 |
| Baptist Health South Florida Foundation Inc | Operations | 2018 | $40,475 |
| The Childrens Hospital of Philadelphia | Research | 2018 | $25,745 |
| Baptist Health South Florida Foundation Inc | Operations | 2017 | $478,862 |
| Greater Miami Jewish Federation | General support to carry out the mission of the organization | 2017 | $250,000 |
| Jewish Communal Fund | General support | 2017 | $11,000 |
| Greater Miami Jewish Federation | General support to carryout the mission of the organization | 2016 | $250,000 |
Grants made · $245K in FY2023
14 grants totaling $245K in FY2023. All grants made by Miami Cancer Institute At Baptist Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Blood Cancer United Inc | Sponsorship of the light the night event. | $50,000 |
| American Cancer Society Inc | Sponsorship of multiple program events and initiatives. | $30,000 |
| New World Symphony Inc | Sponsorship of the symphony annual gala. | $25,000 |
| Promise Fund of Florida Inc | Sponsorship of the promise fund annual events. | $25,000 |
| Zero Prostate Cancer | Sponsorship of the zero prostate walk. | $20,000 |
| Temple Beth Am | Sponsorship of annual auction. | $18,000 |
| American Cancer Society Cancer Action Network Inc | Sponsorship of multiple program events and initiatives. | $12,500 |
| Sofias Hope | Providing kits to newly diagnosed pediatric patients. | $12,000 |
| Gildas Club of South Florida Inc | Sponsorship of the race for hope survivor event. | $10,000 |
| Live Like Bella Inc | Sponsorship of the symposium. | $10,000 |
| American Brain Tumor Association | Sponsorship of the annual brain cancer conference. | $10,000 |
| Brcastrong | Sponsorship of multiple program events and initiatives. | $8,900 |
| 305 Pink Pack Inc | Funding for programs that assist women undergoing breast cancer treatment. | $7,500 |
| Not My Daughter Inc | Sponsorship of the events and programs. | $6,000 |
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Compare Miami Cancer Institute At Baptist Health Inc
Frequently asked questions
- Is Miami Cancer Institute At Baptist Health Inc a legitimate nonprofit?
- Yes. Miami Cancer Institute At Baptist Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-3090066, based in Coral Gables, Florida. Donations are tax-deductible.
- What is Miami Cancer Institute At Baptist Health Inc's EIN?
- Miami Cancer Institute At Baptist Health Inc's Employer Identification Number (EIN) is 47-3090066.
- How much revenue does Miami Cancer Institute At Baptist Health Inc report?
- Miami Cancer Institute At Baptist Health Inc reported $112,935,556 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Miami Cancer Institute At Baptist Health Inc's spending goes to programs?
- Miami Cancer Institute At Baptist Health Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Miami Cancer Institute At Baptist Health Inc have?
- CharityIndex grades Miami Cancer Institute At Baptist Health Inc C, based on program efficiency and fundraising cost.
- How much does Miami Cancer Institute At Baptist Health Inc's highest-paid employee make?
- The highest reported compensation on Miami Cancer Institute At Baptist Health Inc's latest Form 990 is $1,968,330, paid to Mark Davis (Coo).
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Data for Miami Cancer Institute At Baptist Health Inc (EIN 47-3090066) 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.