Stratum Health System Inc
78% goes to programs $0 to raise $100 Strong reserves Declining revenue
Stratum Health System Inc is a 501(c)(3) organization based in Lakewood Ranch, Florida, registered in 2015, with $46,332,558 in FY2023 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
6310 Capital Drive, Lakewood Ranch, FL, 34202 EIN 47-2508009 Since 2015
Revenue (FY2023)
$46.3M
▲ 33.5% vs prior year
Health median: $840K
Expenses (FY2023)
$34.9M
Net assets
$135.2M
Employees
459
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
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 Stratum Health System Inc: 78% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating46 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 Stratum Health System Inc: 46 mo reserves · +25% margin earns a A 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 Stratum Health System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Stratum Health System Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Stratum health systems helps patients manage their health care need wherever they live.
What they do
Kb health solutions, llc and corpas home health care, llc operate together doing business as empath home health. empath home health is a medicare-certified home health agency that serves southwest florida. the agency focuses on delivering home healthcare solutions with the mission of delivering compassionate care with excellence. empath home health provides skilled nursing care such as wound care, post-surgical care and patient education, as well as physical, occupational and speech therapies and other related services. avidity served over 8,102 patients in fy24 providing over 147,754 patient care visits.
Empath personal care, llc dba approved home health provides private duty home health services to patients in sarasota, manatee, and charlotte counties. private duty services include mainly assistance with activities of daily living such as assistance with bathing, eating, dressing and transferring, allowing patients to remain in their homes. also provided is skilled nursing care that allows patients to receive assistance with needs such as medication management or dressing changes. the mission of approved home health is to help people safely remain in their homes by providing professional quality care. the organization has been in operation for 33 years and served more than 94 new clients during fy24 and provided in excess of 56,207 hours of care.
Contact & location
- Address
- 6310 Capital Drive, Lakewood Ranch, FL, 34202
- City
- Lakewood Ranch
- State
- Florida
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.0M (FY2015) to $46.3M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24.3MNet assets $135.2M
Operating margin
24.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.5M
Total liabilities
$24.3M
Net assets
$135.2M
Salaries & benefits
$26.6M
76% of expenses
Board members
6
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $46,332,558▲33.5% | $34,926,443▼11.1% | $135,189,209▲5.9% | $159,497,930▲16.8% | 990 |
| 2022 | $34,718,621▼46.5% | $39,267,845▼44.3% | $127,711,906▲2.5% | $136,520,395▼8.4% | 990 |
| 2021 | $64,895,933▲7.6% | $70,534,759▼23.4% | $124,609,852▼16.3% | $149,098,432▼6.3% | 990 |
| 2020 | $60,285,912▲30.7% | $92,079,620▲108% | $148,808,849▼21.3% | $159,197,888▼22.3% | 990 |
| 2019 | $46,132,974▲76.2% | $44,236,737▲78.0% | $189,124,007▲11.6% | $204,934,383▲16.7% | 990 |
| 2018 | $26,189,336▼8.5% | $24,859,061▲46.7% | $169,421,283▲0.2% | $175,614,117▲0.9% | 990 |
| 2017 | $28,607,805▲8.6% | $16,946,722▲4.2% | $169,137,660▲11.6% | $174,118,809▲12.0% | 990 |
| 2016 | $26,346,247▲19.7% | $16,261,052▲4.9% | $151,568,278▲14.0% | $155,504,436▲13.6% | 990 |
| 2015 | $22,017,287 | $15,503,513 | $132,954,328 | $136,835,279 | 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: Jonathan Fleece — $827,833 (2.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jonathan Fleece | President/ceo | 20 | $827,833 |
| Jennifer M Dawes | Professional Development Liason | 40 | $571,861 |
| Erica D Rell | Professional Development Liason | 40 | $463,464 |
| Charles Johnson | Former Chief Mission People Officer | 40 | $456,996 |
| Saida Bouhamid | Cfo | 20 | $447,125 |
| Christy Hendricks | Chief Legal Officer | 39 | $380,853 |
| Pauline Mailey | Chief Nursing Officer | 40 | $241,483 |
| Taylor D Meeks | Hh Territory Manager | 40 | $239,417 |
| Jacqueline A Bik | Cx - Primary Care Physic | 40 | $234,075 |
| Cecille Riggs | Svp Home Health | 40 | $229,231 |
| Christopher Merritt | Svp Business Development - Home Health | 40 | $166,177 |
| Debra A Mason | Former President Tidewell Foundation | 0 | — |
| Jan Miller | Chair | 1 | — |
| Kevin Logan | Secretary | 1 | — |
| Linda De Mello | Director | 1 | — |
| Michael Uselton | Director | 1 | — |
| Rafael J Sciullo | Former President | 0 | — |
| Thomas Stuhley | Vice Chair | 1 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Source 1 Solutions Inc | Management Services | $712,326 |
| PC Connection Sales Corporation | Computer Services | $484,672 |
| Connectivity Marketing & Media Agency | Marketing Services | $462,401 |
Grants received · $20.1M total
4 grants to Stratum Health System Inc totaling $20.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tidewell Hospice Inc | Purchase of investments | 2019 | $4,695,000 |
| Tidewell Hospice Inc | Purchase of investments | 2018 | $3,889,000 |
| Tidewell Hospice Inc | General support | 2017 | $4,510,000 |
| Tidewell Hospice Inc | General support | 2016 | $7,000,000 |
Grants made · $10.0M in FY2021
1 grant totaling $10.0M in FY2021. All grants made by Stratum Health System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Tidewell Foundation Inc | Grant to support program services | $9,961,292 |
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Frequently asked questions
- Is Stratum Health System Inc a legitimate nonprofit?
- Yes. Stratum Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2508009, based in Lakewood Ranch, Florida. Donations are tax-deductible.
- What is Stratum Health System Inc's EIN?
- Stratum Health System Inc's Employer Identification Number (EIN) is 47-2508009.
- How much revenue does Stratum Health System Inc report?
- Stratum Health System Inc reported $46,332,558 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Stratum Health System Inc's spending goes to programs?
- Stratum Health System Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Stratum Health System Inc have?
- CharityIndex grades Stratum Health System Inc B+, based on program efficiency and fundraising cost.
- How much does Stratum Health System Inc's highest-paid employee make?
- The highest reported compensation on Stratum Health System Inc's latest Form 990 is $827,833, paid to Jonathan Fleece (President/ceo).
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Data for Stratum Health System Inc (EIN 47-2508009) 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.