Pediatric Partners FY2021 filing

Dallas, TXUnknown exempt organizationEIN 46-1917702Revenue $1.1M in FY2021

On file with the IRS1935 Medical District Drive · Dallas, TX

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Pediatric Partners serves as a clinically integrated network of primary care and pediatric sub-specialty physicians who are in community based private practices.

80¢ of each $1 spent went to programs.
$17K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $357K a year · 65% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 142% of spending
Concern: pay to officers and key staff is 142% of spending; over 30%.
Pt VII · Sec A
Liabilities
$7.0M
484% of total assets
Concern: liabilities are 484% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+99% vs prior year
Spent
$12K
To programs
80%
Net assets
−$5.5M
By yearFY2020–FY2022
Revenue
$1.1M
FY2021▲ +99%
Tap a bar for its year
Revenue by fiscal year
FY2020$553K
FY2021$1.1M
FY2022$1
Expenses
$12K
FY2021▼ -99%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$12K
FY2022$934K
Net assets
−$5.5M
FY2021▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020−$6.6M
FY2021−$5.5M
FY2022$0

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $9K Management & general 20% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation
President (effect. 01/01/2021)
$16,667Pt VII · Sec A
Director & Contract Physician
$0Pt VII · Sec A
Director & Contract Physician
$0Pt VII · Sec A
Director & Contract Physician
$0Pt VII · Sec A
Director & Contract Physician
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair & Contract Physician
$0Pt VII · Sec A
Former Officer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2021FY2020
Omar Gomez MD—$30,804
Dai H Chung MD$16,667—
Anthony Scott MD—$3,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects community pediatric doctors with specialists to improve child healthcare.

Questions for Pediatric Partners

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Provided by the organization

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1 program · $9K · in their own filed words · FY2021
01

Pediatric Partners serves as a clinically integrated network of primary care and pediatric sub-specialty physicians who are in community based private practices.

$9Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$922K
Other incomeLn 4–11$177K
Money outPt IX
$12K
Ln 25
Programscol B$9K
Managementcol C$2K
Owns and owesPt X
−$5.5M
net assets · Ln 32
Total assetsLn 16$1.4M
LiabilitiesLn 26$7.0M
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$922K
Other incomeLn 4–11$177K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$528K
Total assetsLn 16$1.4M
LiabilitiesLn 26$7.0M
Net assetsLn 32−$5.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$654K$1.4M
LiabilitiesLn 26$7.3M$7.0M
Net assetsLn 32−$6.6M−$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$0$0$0$0
Office expensesLn 13$1K$1K$298
OccupancyLn 16$10K$8K$2K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$12K$9K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $1$934K−$934K$0 990 PDF
FY2021 Viewing $1.1M$12K$1.1M−$5.5M 990 PDF
FY2020 $553K$1.8M−$1.2M−$6.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,099,634 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $552,989$922,413
I-10 Investment income$0
I-11 Other revenue$177,221
I-12 Total revenuePrior year $552,989$1,099,634
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $852,223$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $926,324$11,705
I-18 Total expensesPrior year $1,778,547$11,705
I-19 Revenue less expensesPrior year −$1,225,558$1,087,929
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,099,634 across 4 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $922,413$922,413
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $177,221$177,221
VIII-12 Total revenueRelated to mission $1,099,634 · Unrelated business $0 · Excluded from tax $0$1,099,634
Part IX · Statement of functional expenses $11,705 across 4 lines filed
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $1,162 · Management $298$1,460
IX-16 OccupancyPrograms $8,151 · Management $2,094$10,245
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $9,313 · Management $2,392 · Fundraising $0$11,705
Part X · Balance sheet $1,443,612 assets, 11 lines filed
X-4 Accounts receivableStart of year $126,530$916,061
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $527,551$527,551
X-16 Total assetsStart of year $654,081$1,443,612
X-17 Accounts payable and accrued expensesStart of year $598,122$495,118
X-19 Deferred revenueStart of year $113,383$113,383
X-25 Other liabilitiesStart of year $6,577,421$6,382,027
X-26 Total liabilitiesStart of year $7,288,926$6,990,528
X-27 Net assets without donor restrictionsStart of year −$6,634,845−$5,546,916
X-32 Total net assets or fund balancesStart of year −$6,634,845−$5,546,916
X-33 Total liabilities and net assetsStart of year $654,081$1,443,612
Part XI · Reconciliation of net assets −$5,546,916 net assets at year end
XI-1 Total revenue$1,099,634
XI-2 Total expenses$11,705
XI-3 Revenue less expenses$1,087,929
XI-4 Net assets at start of year−$6,634,845
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$5,546,916

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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