Civic Intelligence

Driscoll Maternal & Fetal Physician'S Group

990 • Fiscal year 2017 • EIN 20-1234461

May 01, 2016 to Apr 30, 2017 • Filed on Mar 15, 2018

3533 South AlamedaCorpus Christi, TX 78411

(361) 694-6126

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$731,599

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

90th percentile

32%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

48th percentile

4.2%

Faster revenue growth than 48% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,923,234

Up $466,684 (+32%) from 2016

Net Assets

Up

$1,923,234

Up $499,107 (+35%) from 2016

Liabilities

Down

$0

Down $32,423 (-100%) from 2016

Revenue

Up

$13,780,093

Up $550,170 (+4.2%) from 2016

Expenses

Up

$8,551,298

Up $1,660,546 (+24%) from 2016

Net Income

Down

$5,228,795

Down $1,110,376 (-18%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,120,802Liabilities 2011: $0Net Assets 2011: $1,120,8022011Assets 2012: $1,237,367Liabilities 2012: $0Net Assets 2012: $1,237,3672012Assets 2013: $1,466,745Liabilities 2013: $0Net Assets 2013: $1,466,7452013Assets 2014: $1,228,815Liabilities 2014: $40,221Net Assets 2014: $1,188,5942014Assets 2015: $1,768,806Liabilities 2015: $674,319Net Assets 2015: $1,094,4872015Assets 2016: $1,456,550Liabilities 2016: $32,423Net Assets 2016: $1,424,1272016Assets 2017: $1,923,234Liabilities 2017: $0Net Assets 2017: $1,923,2342017Assets 2018: $2,743,444Liabilities 2018: $13,334Net Assets 2018: $2,730,1102018Assets 2019: $2,359,248Liabilities 2019: $23,222Net Assets 2019: $2,336,0262019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$1,923,234
Liabilities$0
Net Assets$1,923,234

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2011: $3,725,1942011Revenue 2012: $5,086,298Expenses 2012: $4,207,830Net Income 2012: $878,4682012Expenses 2013: $3,889,5282013Revenue 2014: $10,935,964Expenses 2014: $5,232,216Net Income 2014: $5,703,7482014Revenue 2015: $14,109,128Expenses 2015: $6,458,783Net Income 2015: $7,650,3452015Revenue 2016: $13,229,923Expenses 2016: $6,890,752Net Income 2016: $6,339,1712016Revenue 2017: $13,780,093Expenses 2017: $8,551,298Net Income 2017: $5,228,7952017Revenue 2018: $14,280,764Expenses 2018: $10,251,068Net Income 2018: $4,029,6962018Revenue 2019: $15,986,976Expenses 2019: $11,065,437Net Income 2019: $4,921,5392019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2017

Revenue$13,780,093
Expenses$8,551,298
Net Income$5,228,795
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Mar 15, 2018
Return Version
2016v3.1
Gross Receipts
$13,780,093
Mission and Program Overview

Mission

Provision of ob/gyn and subspecialty healthcare to patients in corpus christi and surrounding areas of south texas regardless of their ability to pay.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,150,522$1,494,201▲ $343,679
Accounts Receivable$305,421$428,050▲ $122,629
Cash and Non-Interest-Bearing Accounts$607$983▲ $376
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,456,550$1,923,234▲ $466,684
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$32,423$0▼ $32,423
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$32,423$0▼ $32,423
Net Assets / Fund Balance
Unrestricted Net Assets$1,424,127$1,923,234▲ $499,107
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,424,127$1,923,234▲ $499,107
Total Liabilities and Net Assets / Fund Balance$1,456,550$1,923,234▲ $466,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,114,385$2,632,277$3,746,662
Leasehold Improvements$379,816-$379,816
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan Loftin MdPerinatologistFT$638,564$93,035$731,599
John Visintine MdPerinatologistFT$617,307$65,337$682,644
Maurice Eggleston MdPerinatologistFT$568,446$64,298$632,744
Anna B Gonzalez MdObstetrician GynecologistFT$551,430$76,337$627,767
Chao Li MdPerinatologistFT$265,186$101,452$366,638
Carrie MantineoSecretary--$76,356$76,356

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,780,093
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$5,228,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,321,526
Other Expenses$1,229,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,206,441--$6,206,441
Other Employee Benefits$528,235$1,121-$529,356
Occupancy$389,904--$389,904
Depreciation Depletion$347,195$25,902-$373,097
Payroll Taxes$315,955$306-$316,261
Pension Plan Contributions$269,468--$269,468
Insurance$48,616$42,943-$91,559
Other Expenses$79,414$3,583-$82,997
Fees for Services Other$77,703--$77,703
Information Technology$20,721$30,380-$51,101
Travel$38,622--$38,622
Office Expenses$36,776$1,445-$38,221
Advertising$28,709$3,413-$32,122
Total Functional Expenses$8,442,205$109,093$0$8,551,298
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of members or stockholders driscoll children's hospital is the sole member of driscoll maternal & fetal physician's group.

Form 990, Part VI, Section A, Line 7A

Election of the governing body the organization's sole member, driscoll children's hospital, elects the board of directors.

Form 990, Part VI, Section A, Line 7B

Decisions of the governing body subject to approval any director may be removed without cause by a majority vote by the board, provided that such removal is approved by the member. The governing board has the power to appoint as well as remove officers of the organization, provided that the member consents to such appointment or removal.

Form 990, Part VI, Section B, Line 11B

Process to review the form 990 the organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by the organizations internal financial team, the final report is emailed to the governing body by senior management prior to filing.

Form 990, Part VI, Section B, Line 12C

Process for monitoring compliance with conflict of interest policy the organization hires an employee to lead compliance efforts and report compliance issues that may arise. In addition, the board committee reviews those issues and reports.

Form 990, Part VI, Section B, Lines 15A & 15B

Process for determining compensation the organization uses mgma and sullivan cotter percentiles to set base compensation and skill levels. If compensation levels exceed certain percentiles, a third outside consulting firm is used to value the market value for services rendered and for group coverage agreements. For certain coverage agreements, a fourth consulting firm assists in determining market value. Compensation is approved by the organization's governing body with the deliberation and decision documented contemporaneously.

Form 990, Part VI, Section C, Line 19

Governing documents available to the public the organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Driscoll Maternal & Fetal Physician's Group
EIN
20-1234461
In Care Of
% ERIC HAMON
Phone
3616946126
Address
3533 South Alameda, Corpus Christi, TX 78411

Signing Officer

Name
Dale Obermueller
Title
President
Phone
7134994600
Signed
2018-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Obermueller
Formed
2004
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
55
Volunteers
0

Preparer

Firm
Bkd Llp
Address
2800 Post Oak Blvd Ste 3200, HOUSTON, TX 77056
Preparer
Jana Kirksey
Phone
7134994600
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Other changes in net assets intercompany support $ (4,272,088) allocated costs between phys services (457,600) ---------- $ (4,729,688)

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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