Civic Intelligence

First Choice Physician Partners

990 • Fiscal year 2019 • EIN 27-3597066

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

14201 Dallas ParkwayDallas, TX 75254

(469) 893-2645

Siviq Scores

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

Liabilities / Assets

79th percentile

0.72x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

32nd percentile

0.26x

Higher debt load relative to revenue than 32% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

46th percentile

2.8%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

7th percentile

$153,989

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

98th percentile

111%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

41%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$55,719,128

Up $29,250,149 (+111%) from 2018

Net Assets

Up

$15,792,505

Up $2,534,795 (+19%) from 2018

Liabilities

Up

$39,926,623

Up $26,715,354 (+202%) from 2018

Revenue

Up

$152,234,843

Up $44,359,105 (+41%) from 2018

Expenses

Up

$147,902,755

Up $42,098,983 (+40%) from 2018

Net Income

Up

$4,332,088

Up $2,260,122 (+109%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2012: $7,846,182Liabilities 2012: $3,289,253Net Assets 2012: $4,556,9292012Assets 2013: $9,997,308Liabilities 2013: $3,069,799Net Assets 2013: $6,927,5092013Assets 2016: $22,453,191Liabilities 2016: $12,307,198Net Assets 2016: $10,145,9932016Assets 2017: $21,262,307Liabilities 2017: $10,430,628Net Assets 2017: $10,831,6792017Assets 2018: $26,468,979Liabilities 2018: $13,211,269Net Assets 2018: $13,257,7102018Assets 2019: $55,719,128Liabilities 2019: $39,926,623Net Assets 2019: $15,792,5052019Assets 2020: $63,939,765Liabilities 2020: $49,822,501Net Assets 2020: $14,117,2642020Assets 2021: $62,382,760Liabilities 2021: $47,836,097Net Assets 2021: $14,546,6632021Assets 2022: $55,743,052Liabilities 2022: $39,300,805Net Assets 2022: $16,442,2472022Assets 2024: $31,559,861Liabilities 2024: $24,214,704Net Assets 2024: $7,345,1572024

Highlighted filing

2019

Assets$55,719,128
Liabilities$39,926,623
Net Assets$15,792,505

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2012: $18,278,1102012Revenue 2013: $39,154,141Expenses 2013: $36,783,561Net Income 2013: $2,370,5802013Revenue 2016: $78,804,906Expenses 2016: $75,688,732Net Income 2016: $3,116,1742016Revenue 2017: $89,378,559Expenses 2017: $88,552,798Net Income 2017: $825,7612017Revenue 2018: $107,875,738Expenses 2018: $105,803,772Net Income 2018: $2,071,9662018Revenue 2019: $152,234,843Expenses 2019: $147,902,755Net Income 2019: $4,332,0882019Revenue 2020: $169,496,929Expenses 2020: $171,019,345Net Income 2020: -$1,522,4162020Revenue 2021: $170,618,554Expenses 2021: $170,011,313Net Income 2021: $607,2412021Revenue 2022: $168,073,406Expenses 2022: $165,825,618Net Income 2022: $2,247,7882022Revenue 2024: $110,251,799Expenses 2024: $118,761,744Net Income 2024: -$8,509,9452024

Highlighted filing

2019

Revenue$152,234,843
Expenses$147,902,755
Net Income$4,332,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$152,234,843
Mission and Program Overview

Mission

NONE

Provide health care services and perform medical and clinical research in the public interest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,185,381$6,345,242▲ $2,159,861
Accounts Receivable$10,679,979$5,117,094▼ $5,562,885
Cash and Non-Interest-Bearing Accounts$2,799,569$3,897,053▲ $1,097,484
Inventories for Sale or Use$898,733$1,052,483▲ $153,750
Prepaid Expenses and Deferred Charges$1,254,257$842,620▼ $411,637
Intangible Assets$703,575$674,826▼ $28,749
Total Assets$26,468,979$55,719,128▲ $29,250,149
Other Assets Total$5,947,485$37,789,810▲ $31,842,325
Liabilities
Accounts Payable and Accrued Expenses$13,211,269$39,926,623▲ $26,715,354
Total Liabilities$13,211,269$39,926,623▲ $26,715,354
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,257,710$15,792,505▲ $2,534,795
Total Net Assets Fund Balance$13,257,710$15,792,505▲ $2,534,795
Total Liabilities and Net Assets / Fund Balance$26,468,979$55,719,128▲ $29,250,149

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,630,488$7,904,549$11,535,037
Other Land Buildings$2,162,087-$2,162,087
Leasehold Improvements$552,667$1,286,798$1,839,465
Other Assets Org$20,088,666--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Absalon HernandezManager, Market Practice OperationsFT$153,989$153,989
Jennifer HowardManager, Market Practice OperationsFT$151,125$151,125
Bertha a AyalaManager, Market Practice OperationsFT$121,729$121,729
Lisa R WalkerManager, Market Practice OperationsFT$120,411$120,411
Betina D James-azevedoManager, Market Practice OperationsFT$116,711$116,711

Board Members and Trustees

NameTitle
Jeffrey HendersonDirector, President, COO
John B KelsallDirector
Scott Anders MdDirector
Scott NelsonDirector
Susan ByrneDirector
Kristin a RooneyAssistant Treasurer
Trey HortonTreasurer & Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Mda Holding INCAdministrative & Professional FeesPO BOX 277185, Atlanta, GA 30384-7185$4,610,423
Gahc4 Modesto Ca Mob LLCAdministrative & Professional FeesPO BOX 74007334, Chicago, IL 60674-7334$1,291,031
Eric Robert Presser Md INCAdministrative & Professional Fees13 ALICANTE CIR, Rancho Mirage, CA 92270-0000$1,173,745
Valencia Gateway Retail Iv LLCAdministrative & Professional FeesC/O JH REAL ESTATE PARTNERS INC, Tustin, CA 92780-0000$1,001,572
Desert Heart InstituteAdministrative & Professional FeesC/O SAIED HABIBIPOURMD, Palm Springs, CA 92263-0000$870,246
Revenue and Support

Revenue Composition

Contributions and Grants
$66,825,000
Program Service Revenue
$71,668,210
Investment Income
$0
Other Revenue
$13,741,633
Change in Net Assets
$4,332,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$130,364,263
Salaries, Compensation, and Employee Benefits$17,538,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$28,112,617$9,370,872-$37,483,489
Other Salaries and Wages$17,169,736--$17,169,736
Occupancy$11,685,325--$11,685,325
Fees for Services Other$2,192,872--$2,192,872
Depreciation Depletion$1,606,952--$1,606,952
Conferences and Meetings$900,915--$900,915
Insurance$658,021--$658,021
Fees for Services Accounting$476,150--$476,150
Other Employee Benefits$263,476--$263,476
Interest$241,209--$241,209
Travel$220,177--$220,177
Other Expenses$116,743--$116,743
Payroll Taxes$105,280--$105,280
Fees for Services Legal$3,661--$3,661
Total Functional Expenses$138,531,883$9,370,872$0$147,902,755
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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

The sole corporate member of the corporation is tenet california, inc., a delaware corporation.

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

The directors are elected by a vote of the member at the annual meeting or by written consent of the member.

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

The approval of the member is required for any of the following actions: - merger, consolidation or dissolution of the corporation - sale or transfer of all or substantially all of the assets of the corporation - amendment or restatement of the articles of incorporation or the bylaws of the corporation - approval of aggregate operating and capital budgets of the corporation - aggregate borrowing by this corporation for periods of one year or less for any purpose in excess of dollar amounts to be established by the member from time to time; and aggregate borrowing by this corporation for periods of more than one year for any purpose in excess of dollar amounts to be established by the member from time to time. - purchase, sale, lease, disposition, hypothetication, exchange, gift, pledge, and encumbrance of any asset, real or personal, of this corporation not previously included in the capital budgets, with a value in excess of dollar amounts to be established by the member from time to time - approval of organizational strategic plans of the corporation - appointment of the independent auditor of the corporation.

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

The organization's management works with an independent accountant to prepare the annual tax return. Once completed, an officer of the organization reviews the return prior to filing with the irs. A copy is made available to directors at the next regularly scheduled board meeting.

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

First choice physicians partners' officers, directors and employees in decision-making roles must disclose annually any business, financial, or other relationships which currently or in the future may give rise to a potential conflict of interest. These disclosures are reviewed by disinterested parties and recommendations are made regarding abstinance from discussions or decisions regarding the interested parties.

Form 990, Part VI, Section C, Line 19

The organization's articles of incorporation are available upon request from the office of the state's attorney general. The conflict of interest policy and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
First Choice Physician Partners
EIN
27-3597066
Phone
4698932645
Address
14201 DALLAS PARKWAY, DALLAS, TX 75254
Doing Business As
See Schedule O

Signing Officer

Name
Sharilee Smith
Title
Vice President
Phone
4698932645
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharilee Smith
Formed
2010
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
11
Volunteers
0

Preparer

Firm
Deloitte Tax Llp
Address
1111 BAGBY STREET SUITE 4500, HOUSTON, TX 77002
Preparer
Brooke Mcneil
Phone
7139822000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Item C

Dba: fcpp care coordination dba: first california physicians partners dba: ucr health family medicine center dba: fcpp - conant ave. Dba: fcpp - obstetrics & gynecology dba: fcpp - podiatry dba: fcpp - suite 100 dba: fcpp - suite 101 dba: fcpp - suite 200 dba: fcpp - suite 303 dba: fcpp - suite 304 dba: fcpp - suite 307 dba: fcpp family health - atascadero dba: fcpp family health - heritage ranch dba: fcpp family health - nipomo dba: fcpp family health - paso robles dba: fcpp family health - peach street dba: fcpp family health - pismo beach dba: fcpp family health - slo dba: fcpp family health - templeton dba: fcpp specialty care - slo dba: fcpp specialty care - templeton dba: fcpp surgical associates (hemet location) dba: fcpp surgical associates (rancho mirage location) dba: fcpp women's health - slo dba: fcpp women's health - templeton dba: greater emanuel physician group dba: anaheim hills primary care dba: desert care network primary care dba: desert care network speciality care dba: fcpp (yorba linda) dba: fcpp - suite 103 dba: fcpp - suite 118 (placentia) dba: fcpp - suite 203 dba: fcpp - suite 210 (placentia) dba: fcpp (fountain valley) dba: fcpp (los alamitos) dba: fcpp (placentia) dba: fcpp family health cambria dba: fcpp - primary care dba: fountain valley multi-specialty dba: fullerton orthopaedic surgery medical group dba: los alamitos women's health dba: north county gastroenterology dba: yorba linda primary care dba: yorba linda women's health dba: desert care network primary & specialty care (1100 n. Palm canyon, suit 109). Dba: desert care network primary & specialty care (1100 n. Palm canyon, suit 203). Dba: desert care network primary & specialty care (1180 n. Indian canyon, suite e205). Dba: desert care network primary & specialty care (1180 n. Indian canyon, suite e421). Dba: desert care network primary & specialty care (35800 bob hope dr., suite 225). Dba: desert care network primary & specialty care (47-647 caleo bay, suite 210). Dba: desert care network primary & specialty care (58457 twenty-nine palms highway, suite 200). Dba: desert care network primary & specialty care (81-709 doctor carreon blvd. Suite c-1). Dba: fcpp - 1275 n. Rose drive #106 dba: fcpp - 892 aero vista, suite 2 dba: fcpp (2874 e. Imperial highway, brea, ca) dba: fcpp (3650 e. South street, suite 404, lakewood) dba: fcpp (3650 e. South street, suite 405, lakewood) dba: fcpp (380 w central ave. Ste.400, brea, ca) dba: fcpp hematology & oncology dba: fcpp multi-specialty clinic - yucca valley

FORM 990, PART XI, LINE 9:

Intercompany adjustments -1,484,192. Provision for bad debts -313,101.

Raw XML AppendixShowing 400 of 827 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm11BETINA D JAMES-AZEVEDO
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR, PRESIDENT, COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MANAGER, MARKET PRACTICE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGER, MARKET PRACTICE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGER, MARKET PRACTICE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGER, MARKET PRACTICE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGER, MARKET PRACTICE OPERATIONS
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