Polk Medical Center Inc is a 501(c)(3) organization based in Rome, Georgia, registered in 2013, with $61,245,755 in FY2024 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
Revenue (FY2024)
$61.2M
▲ 9.4% vs prior year
Health median: $840K
Expenses (FY2024)
$41.2M
Net assets
$128.1M
Employees
0
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 Polk Medical Center Inc: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Polk Medical Center Inc: 37 mo reserves · +33% margin earns a A on this criterion. See the exact thresholds →
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 Polk Medical Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Polk Medical Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To improve health, elevate hope, and advance healing - for all.
Revenue grew from $0 (FY2013) to $61.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$135.0M
Total liabilities
$6.9M
Net assets
$128.1M
Salaries & benefits
$18.6M
45% of expenses
Board members
12
11 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,245,755▲9.4% | $41,233,208▲27.4% | $128,105,535▲16.7% | $134,975,991▲16.5% | 990 |
| 2023 | $55,990,037▼17.9% | $32,358,332▼34.2% | $109,798,544▲33.9% | $115,877,947▲20.0% | 990 |
| 2022 | $68,199,123▲218% | $49,193,702▲263% | $82,020,339▲25.7% | $96,604,967▼1.2% | 990 |
| 2021 | $21,458,525▼45.1% | $13,539,990▼46.3% | $65,231,476▲14.9% | $97,824,042▼3.9% | 990 |
| 2020 | $39,109,264▲21.0% | $25,210,666▲3.4% | $56,772,376▲34.6% | $101,830,364▲8.7% | 990 |
| 2019 | $32,320,130▼4.0% | $24,391,494▼1.1% | $42,176,566▲21.1% | $93,713,462▲20.6% | 990 |
| 2018 | $33,677,186▼1.1% | $24,659,309▼3.0% | $34,818,563▲43.8% | $77,697,143▲16.3% | 990 |
| 2017 | $34,048,993▲11.2% | $25,431,336▲2.1% | $24,205,376▲53.9% | $66,780,229▲16.2% | 990 |
| 2016 | $30,626,607▲10.9% | $24,917,085▲12.4% | $15,725,237▲56.2% | $57,480,058▲4.6% | 990 |
| 2015 | $27,621,404▲47.6% | $22,174,687▲58.1% | $10,068,128▲118% | $54,952,190▲18.3% | 990 |
| 2014 | $18,708,933 | $14,029,022▲58354% | $4,621,411▲8000% | $46,442,977▲104% | 990 |
| 2013 | $0 | $24,000▼30.4% | -$58,500▼69.6% | $22,747,433▲552% | 990 |
| 2012 | — | $34,500 | -$34,500 | $3,491,343 | 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.
Highest-paid: Deanna Williams — $4,500 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Deanna Williams | Board Member | 1 | $4,500 |
| Britt Madden Jr | Board Member | 1 | $2,750 |
| Kay Chumbler | Board Member (to 6/30/24) | 1 | $2,750 |
| Neil E Gordon Md | Board Member (to 6/30/24) | 1 | $2,750 |
| Darcy Morris | Board Member (to 6/30/24) | 1 | $2,500 |
| Douglas E Elliott | Board Member | 1 | $2,500 |
| Sondi Smith Vest | Board Member | 1 | $2,500 |
| Todd Bussey | Chair | 1 | $2,500 |
| Darrin Kines | Board Member | 1 | $2,000 |
| Mary Miller | Board Member | 1 | $1,750 |
| Carl Herring Md | Board Member | 1 | $1,250 |
| George Bosworth Md | Board Member (to 6/30/24) | 1 | $750 |
| Anita Jackson | Avp Asst Administrator | 40 | — |
| E Clarice Cable | Former Officer (6/22) | 0 | — |
| Frank Shelley | Board Member (to 6/30/24) | 1 | — |
| Kurt Stuenkel | Board Member, Pres/sec | 1 | — |
| Laura Corn | Clinical Nursing Supervisor | 40 | — |
| Lovejoy Leigh | Pharmacist | 40 | — |
| Mary Mcelwee | Staff Education Coordinator | 40 | — |
| Matthew Gorman | Vp Corp/network Svc | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aramark Management Service | Food Services, Facilities Uniforms | $1,381,541 |
| Morrison Management Specialists Inc | Food Services | $978,808 |
| Delta Healthcare Providers | Contract Labor | $219,317 |
| Alliance Healthcare Services Inc | Healthcare Services | $160,100 |
1 grant to Polk Medical Center Inc totaling $525K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Floyd-polk Healthcare Foundation Inc | Financial support | 2024 | $525,248 |
8 grants totaling $520K in FY2024. All grants made by Polk Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Berry College Inc | Grant for physician associate program | $131,555 |
| Polk School District | Community impact grant: learning to grow for tomorrow | $125,000 |
| Friends of the Library Sara Hightower Regional Library Inc | To support the public library | $100,000 |
| City of Cedartown | Community impact grant: play at peek park | $83,333 |
| Polk County Council For Children and Families Inc | Outreach facility and community resource hub of the city of cedartown | $25,000 |
| Boys & Girls Clubs of Northwest Georgia Inc | Community impact grant: project learn polk | $25,000 |
| Northwest Georgia Hunger Ministries Inc | Grant to support hunger relief | $20,000 |
| Cedartown United Fund Inc | Support for basic needs: food, clothing, and prescriptions | $10,360 |
Explore more
Data for Polk Medical Center Inc (EIN 45-3957368) 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.