St Francis Physician Services Inc is a 501(c)(3) organization based in Greenville, South Carolina, registered in 2006, with $36,888,174 in FY2024 revenue. CharityIndex grades it C, and it directs about 90% of spending to programs.
Revenue (FY2024)
$36.9M
▲ 14.7% vs prior year
Health median: $840K
Expenses (FY2024)
$57.8M
Net assets
$72.0M
Employees
269
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 →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 St Francis Physician Services Inc: 90% to programs 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 St Francis Physician Services Inc: 15 mo reserves · -57% margin earns a F 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 St Francis Physician Services Inc: 5 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 St Francis Physician Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Provision of primary care physician services to the residents of greenville, south carolina and surrounding communities without regard to ability to pay.
Revenue declined from $141.9M (FY2013) to $36.9M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-56.7%
Spent more than it raised in the latest fiscal year.
Total assets
$123.7M
Total liabilities
$51.8M
Net assets
$72.0M
Salaries & benefits
$35.4M
61% of expenses
Board members
7
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,888,174▲14.7% | $57,789,494▼8.3% | $71,959,931▲101% | $123,714,139▲25.8% | 990 |
| 2023 | $32,154,931▼62.2% | $63,010,189▼59.1% | $35,733,748▲490% | $98,309,458▲122% | 990 |
| 2022 | $85,104,956▼49.9% | $154,136,210▼38.1% | -$9,157,175▼486% | $44,306,906▼45.7% | 990 |
| 2021 | $169,771,066▼0.8% | $248,812,653▼2.1% | $2,370,559▲105% | $81,598,441▲17.3% | 990 |
| 2020 | $171,105,289▼0.4% | $254,103,776▲5.0% | -$44,916,982▲22.0% | $69,560,234▲9.0% | 990 |
| 2018 | $171,778,195▼26.2% | $242,013,535▲4.4% | -$57,602,459▼556% | $63,796,845▲60.0% | 990 |
| 2017 | $232,882,383▲0.2% | $231,882,265▼0.2% | $12,632,881▲8.6% | $39,863,340▼2.6% | 990 |
| 2016 | $232,429,343▼53.0% | $232,458,278▲9.3% | $11,632,763▼0.2% | $40,923,811▲11.1% | 990 |
| 2015 | $494,471,486▲234% | $212,707,534▲8.5% | $11,661,698▲104% | $36,818,909▲0.5% | 990 |
| 2014 | $148,130,242▲4.4% | $195,984,411▲6.2% | -$270,102,254▼21.5% | $36,648,425▲9.7% | 990 |
| 2013 | $141,942,816 | $184,577,653▲1.7% | -$222,248,087▼23.7% | $33,421,446▲13.5% | 990 |
| 2012 | — | $181,541,815▲7.6% | -$179,613,250▼27.9% | $29,457,688▲1.8% | 990 |
| 2011 | — | $168,683,869▲20.1% | -$140,405,349▼32.5% | $28,945,699▲145% | 990 |
| 2010 | — | $140,460,927▲22.3% | -$105,952,067▼43.4% | $11,820,364▲25.7% | 990 |
| 2009 | — | $114,882,070 | -$73,862,945 | $9,405,589 | 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: Steven Newman Md — $723,805 (1.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Steven Newman Md | Board Member, Physician | 50 | $723,805 |
| Glenn Brothers Md | Board Member, Physician | 50 | $602,387 |
| Michael Peters Md | Family Medicine | 50 | $512,689 |
| Andrew Mccraw Md | Board Member, Physician | 50 | $508,642 |
| Benjamin Hester Md | Family Medicine | 50 | $497,982 |
| Scott Weikle Md | Internal Medicine | 50 | $492,787 |
| Kurt Budelmann Md | Internal Medicine | 50 | $478,126 |
| Vidya Ajaradder Md | Family Medicine | 50 | $442,824 |
| Reed Mathias Md | Board Member, Physician | 50 | $401,525 |
| Julia Paduano Np | Board Member, Physician | 50 | $223,359 |
| Bruce Swords | Co-chair, Chief Clinical Officer - Bssfhs | 15 | — |
| Jeremy Skoog Md | Co-chair, Interim Coo - Bsmg (beg 08/24) | 25 | — |
| Marcus Blackstone Md | Former Chief Clinical Officer - Greenville | 0 | — |
| Matthew Caldwell | Co-chair, Market President Bssfhs | 10 | — |
| Robert Stiekes | Former Officer, Cfo - Bssfhs | 0 | — |
| Wayne Fraleigh Md | Board Member, Coo - Bsmg (end 08/24) | 25 | — |
| Wilbur Gay | Director of Finance Bsmh Med Group | 25 | — |
| William Kusnierz | Former Cfo - Bssfhs | 0 | — |
| Contractor | Services | Paid |
|---|---|---|
| Marsh Bell Construction Co Inc | Construction Services | $1,376,465 |
| Comphealth | Contract Labor | $1,100,472 |
| Moss Adams LLP | Professional Consulting | $643,830 |
| Jackson & Coker Locum Tenems | Contract Labor | $588,477 |
| Srs Software Inc | Software Services | $390,539 |
5 grants to St Francis Physician Services Inc totaling $506.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bon Secours Mercy Health Foundation | Program support | 2021 | $338,850 |
| St Francis Hospital Inc | Mission support | 2018 | $30,173,097 |
| St Francis Hospital Inc | General support | 2017 | $69,450,688 |
| St Francis Hospital Inc | General support | 2016 | $68,865,606 |
| St Francis Hospital Inc | General support | 2015 | $337,735,632 |
Explore more
Data for St Francis Physician Services Inc (EIN 13-4290167) 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.