Florida Proton Therapy Institute Inc

“Form 990 will first be reviewed and approved by the chief financial officer. Subsequent to the cfo's approval, form 990 will be provided to the board of directors for review and approval prior to filing it with the irs.”

“The organization's governing body monitors and enforces compliance with the conflict of interest policy annually. The governing body reviews actual conflicts, if any, that are identified by the annual disclosure process and prohibits officers and directors from voting on matters where actual conflicts of interest exist.”

“The executive director and medical director's compensation is controlled and approved by the university of florida.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public and are available upon request.”

“Contracted healthcare services: program service expenses 8,800,918. Management and general expenses 432,671. Fundraising expenses 0. Total expenses 9,233,589. Billing and collection services: program service expenses 1,315,313. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,315,313. Other purchased services: program service expenses 447,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 447,250. Consulting services: program service expenses 0. Management and general expenses 105,942. Fundraising expenses 0. Total expenses 105,942. Uf foundation management fees: program service expenses 0. Management and general expenses 175,323. Fundraising expenses 0. Total expenses 175,323. Temp services: program service expenses 325,647. Management and general expenses 128,972. Fundraising expenses 0. Total expenses 454,619.”

“Change in fair value of interest rate swap 61,270.”

“Oversight of audit and selection of independent accountant: the governing body is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements. There was no change in this process from the prior year.”

“Charity care: the institute provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than its established rates. Because the institute does not pursue collection of amounts determined to qualify as charity care, they are not reported as net patient service revenue. During the years ended june 30, 2024 and 2023, the institute recognized an explicit price concession from charity care of approximately $474,000 and $340,000, respectively. The total direct and indirect costs of these services were approximately $541,000 and $441,000 for the years ended june 30, 2024 and 2023, respectively. The institute participates in several local/national cancer and children wellness fund raising events as sponsors and participants. The institute also provides several educational seminars to communities within the southeast related to cancer prevention and treatment options. In addition, weekly educational opportunities are available to patients, caregivers and invited guests related to care during and after treatment.”