Smha Healthcare Inc
85% goes to programs Strong reserves
Smha Healthcare Inc is a 501(c)(3) organization based in Winter Park, Florida, registered in 2001, with $2,066,065 in FY2024 revenue. CharityIndex grades it B+, and it directs about 85% of spending to programs.
425 W New England Ave Ste 300, Winter Park, FL, 32789 EIN 58-2460001 Since 2001
Revenue (FY2024)
$2.1M
▲ 125.3% vs prior year
Health median: $840K
Expenses (FY2024)
$1.6M
Net assets
$15.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating85% to programs
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 Smha Healthcare Inc: 85% to programs earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating118 mo reserves · +25% 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 Smha Healthcare Inc: 118 mo reserves · +25% margin earns a B+ 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 Smha Healthcare Inc: 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 Smha Healthcare Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization supports the excluded assets and liabilities associated with the asset purchase transaction and the wind down of such activities.
Contact & location
- Address
- 425 W New England Ave Ste 300, Winter Park, FL, 32789
- City
- Winter Park
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2011) to $2.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $48KNet assets $15.2M
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.3M
Total liabilities
$48K
Net assets
$15.2M
Salaries & benefits
$0
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,066,065▲125% | $1,550,870▲15.1% | $15,211,298▲44.7% | $15,259,266▲21.3% | 990 |
| 2023 | $917,115▲4344% | $1,346,831▼52.5% | $10,511,177▲31.6% | $12,584,730▼38.3% | 990 |
| 2022 | $20,637▼99.0% | $2,835,280▲33.0% | $7,986,859▼60.2% | $20,395,823▼12.7% | 990 |
| 2021 | $1,965,623▼80.5% | $2,131,054▼38.0% | $20,066,076▼36.3% | $23,371,773▼31.9% | 990 |
| 2020 | $10,057,856▲580% | $3,438,261▼48.8% | $31,494,100▼19.0% | $34,324,155▼23.0% | 990 |
| 2019 | $1,479,857▼97.8% | $6,714,741▼90.1% | $38,881,799▲25.1% | $44,563,351▼5.4% | 990 |
| 2017 | $66,595,654▲2.2% | $68,164,760▲2.0% | $31,083,053▼19.6% | $47,100,657▼10.5% | 990 |
| 2016 | $65,171,687▲11.5% | $66,843,030▲12.8% | $38,676,581▼18.2% | $52,612,995▼10.8% | 990 |
| 2015 | $58,464,983▲38.7% | $59,270,639▲10.8% | $47,299,906▲1633% | $58,973,619▲31.3% | 990 |
| 2014 | $42,146,656▲68.9% | $53,496,656▲114% | -$3,084,682▼163% | $44,919,367▲289% | 990 |
| 2013 | $24,952,299 | $24,952,299▲4823% | $4,875,955▲84.3% | $11,532,624▲73.9% | 990 |
| 2012 | — | $506,882 | $2,645,836 | $6,631,414 | 990 |
| 2011 | $0 | $0 | $0 | $0 | 990EZ |
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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Al Scott | Director | 0.3 | — |
| Charles Mcmillian | Director | 0.3 | — |
| Curtis Lewis III | Director | 0.3 | — |
| Dan Deloach Md | Director | 0.3 | — |
| Joyce Roche | Director | 0.3 | — |
| Rex Templeton | Chairman | 0.3 | — |
| Susan Willetts | Director | 0.3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Southeast Reimbursement Group | Cost Report Consulting | $1,169,238 |
| Solic Capital Advisors LLC | Wind-down Consultant | $276,130 |
| Huntermaclean | Legal Services | $254,294 |
Grants made
12 grants in FY2017. All grants made by Smha Healthcare Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Chatham County Safety Net Planning Council Inc | To support the operational needs of the council | — |
| Medbank Foundation Inc | To provide prescription assistance to low-income patients | — |
| Georgia Chamber of Commerce Inc | 2015 annual ga initiative investment | — |
| Kids & Pros | Sponsor for 2015 youth football camp | — |
| Blood Cancer United Inc | Sponsor for 2015 light the night walk and man & woman of the year event | — |
| March of Dimes Inc | Support for march of dimes | — |
| Savannah Music Festival Inc | Sponsor 2015 savannah music festival | — |
| Southern Shows Inc | Sponsor 2015 women's show series | — |
| Susan G Komen For the Cure | Sponsor for 2015 susan g komen savannah race for the cure | — |
| United Way of the Coastal Empire Inc | Support for united way of the costal empire | — |
| Savannah Chatham County Public | Support for baseball tourney and jdrf | — |
| Union Mission Inc | Support for raising hope | — |
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Frequently asked questions
- Is Smha Healthcare Inc a legitimate nonprofit?
- Yes. Smha Healthcare Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2460001, based in Winter Park, Florida. Donations are tax-deductible.
- What is Smha Healthcare Inc's EIN?
- Smha Healthcare Inc's Employer Identification Number (EIN) is 58-2460001.
- How much revenue does Smha Healthcare Inc report?
- Smha Healthcare Inc reported $2,066,065 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Smha Healthcare Inc's spending goes to programs?
- Smha Healthcare Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Smha Healthcare Inc have?
- CharityIndex grades Smha Healthcare Inc B+, based on program efficiency and fundraising cost.
- How much does Smha Healthcare Inc's highest-paid employee make?
- The highest reported compensation on Smha Healthcare Inc's latest Form 990 is $0, paid to Al Scott (Director).
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Data for Smha Healthcare Inc (EIN 58-2460001) 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.