Civic Intelligence

Paragon Community Healthcare Inc

EIN 30-0810128 • 501(c)3 • New Port Richey, FL

Profile

The mission of the organization is to provide for and support medical and mental healthcare services, as well as to provide medical and mental health education and research.

6131 US Highway 19New Port Richey, FL 34652

www.paragoncommunityhealthcare.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$61,306

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $127,510 (-100%) from 2021

Liabilities

Down

$0

Down $26,393 (-100%) from 2021

Net Assets

Down

$0

Down $101,117 (-100%) from 2021

Revenue

Down

$564,804

Down $670,217 (-54%) from 2021

Expenses

Down

$665,921

Down $600,706 (-47%) from 2021

Net Income

Down

-$101,117

Down $69,511 (-220%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2017: $89,471Liabilities 2017: $80,912Net Assets 2017: $8,5592017Assets 2018: $86,121Liabilities 2018: $78,159Net Assets 2018: $7,9622018Assets 2019: $111,098Liabilities 2019: $73,264Net Assets 2019: $37,8342019Assets 2020: $137,161Liabilities 2020: $3,770Net Assets 2020: $133,3912020Assets 2021: $127,510Liabilities 2021: $26,393Net Assets 2021: $101,1172021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,175,237Expenses 2017: $1,158,872Net Income 2017: $16,3652017Revenue 2018: $1,276,293Expenses 2018: $1,276,741Net Income 2018: -$4482018Revenue 2019: $1,379,521Expenses 2019: $1,349,649Net Income 2019: $29,8722019Revenue 2020: $1,667,758Expenses 2020: $1,570,098Net Income 2020: $97,6602020Revenue 2021: $1,235,021Expenses 2021: $1,266,627Net Income 2021: -$31,6062021Revenue 2022: $564,804Expenses 2022: $665,921Net Income 2022: -$101,1172022

Highlighted filing

2022

Revenue$564,804
Expenses$665,921
Net Income-$101,117

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 18, 2023
Return Version
2022v5.0
Gross Receipts
$564,804
Mission and Program Overview

Mission

The mission of the organization is to provide for and support medical and mental healthcare services, as well as to provide medical and mental health education and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$101,117--
Accounts Receivable$96,483--
Cash and Non-Interest-Bearing Accounts$22,670--
Land, Buildings, and Equipment, Net$7,689--
Savings and Temporary Cash Investments$50--
Total Assets$127,510$0▼ $127,510
Other Assets Total$618--
Liabilities
Other Liabilities$26,393--
Total Liabilities$26,393$0▼ $26,393
Net Assets / Fund Balance
Total Net Assets Fund Balance$101,117$0▼ $101,117
Total Liabilities and Net Assets / Fund Balance$127,510$0▼ $127,510
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Theodore K Ferguson IiPresident, DFT$61,306$61,306
Timothy Elwood FergusonV.p., DirectFT$61,306$61,306

Board Members and Trustees

NameTitle
Dorothy HallDirector
Tracey AnselmoDirector
Maureen Ann DonohueSec/treas. D

Highest Paid Contractors

ContractorServicesLocationCompensation
Dr Mark FenzlPhysical Exams3734 BREEZEMONT DRIVE, Sarasota, FL 34232$163,793
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$564,804
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-101,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$530,893
Other Expenses$135,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$506,812-$506,812
Occupancy$59,272--$59,272
Fees for Services Other$28,184$14,656-$42,840
Payroll Taxes-$24,081-$24,081
Insurance-$14,485-$14,485
Fees for Services Legal-$11,871-$11,871
Fees for Services Accounting$4,577--$4,577
Office Expenses$1,983--$1,983
Total Functional Expenses$94,016$571,905$0$665,921
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Theodore ferguson, ii timothy elwood ferguson president vp brothers

Form 990, Page 6, Part VI, Line 11B

Form 990 provided to board members for review, discussion and approval.

Form 990, Page 6, Part VI, Line 12C

Board members discuss potential conflicts during board meetings.

Form 990, Page 6, Part VI, Line 15A

Independent board members meet and determine the salaries of top managers and officers according to market rates and standards.

Form 990, Page 6, Part VI, Line 15B

Independent board members meet and determine the salaries of officers and key employees according to market rates and standards.

Form 990, Page 6, Part VI, Line 19

Documents are provided my postal mail or email upon request.

Filing and Contact Details

Filer

Filer Name
Paragon Community Healthcare Inc
EIN
30-0810128
Phone
7278426900
Address
6131 US HIGHWAY 19, NEW PORT RICHEY, FL 34652

Signing Officer

Name
Theodore K Ferguson Ii
Title
President, Director
Phone
7278426900
Signed
2023-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theodore K Ferguson Ii
Formed
2014
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
0
Employees
8

Preparer

Firm
Herrington Accounting & Consulting LLC
Address
8002 MARBELLA CREEK AVE, TAMPA, FL 33625-4808
Preparer
Bartley Herrington
Phone
8132441724
Supplemental Narrative

Additional Explanations

Form 990, Part III

Line 4a - program service accomplishments the organization was able to accomplish four major goals during 2022: - provided quality mental screening to 33 new patients at low cost. Our new patients underwent a screening evaluation, which was included in the new-patient fee. - provided quality medical primary care consisting of non-narcotic medication prescriptions to the patients. Our physicians treated the patients with non-narcotic medications so they wouldn't have to seek out a separate primary care provider. - provided quality pain management care to new patients at low cost. Our physicians treated approximately 33 new patients at our fee of 275 per office visit, discounted approximately 36% from the customary community fee of 390, saving the community approximately 3,960. - provided quality pain management care to returning patients at low cost. Our physicians treated our monthly returning patients for approximately 3,433 office visits at our fee of 230 per office visit, discounted approximately 41% from the customary community fee of 325 per office visit, saving the community approximately 326,135. - provided a website (www.paragoncommunityhealthcare.com) free to the community with medical information. Summary: the discounted savings to the community for our medical/mental health programs totaled approximately 330,095. Some patients were provided free canes or other orthotic devices.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS THE ORGANIZATION WAS ABLE TO ACCOMPLISH FOUR MAJOR GOALS DURING 2022: - PROVIDED QUALITY MENTAL SCREENING TO 33 NEW PATIENTS AT LOW COST. OUR NEW PATIENTS UNDERWENT A SCREENING EVALUATION, WHICH WAS INCLUDED IN THE NEW-PATIENT FEE. - PROVIDED QUALITY MEDICAL PRIMARY CARE CONSISTING OF NON-NARCOTIC MEDICATION PRESCRIPTIONS TO THE PATIENTS. OUR PHYSICIANS TREATED THE PATIENTS WITH NON-NARCOTIC MEDICATIONS SO THEY WOULDN'T HAVE TO SEEK OUT A SEPARATE PRIMARY CARE PROVIDER. - PROVIDED QUALITY PAIN MANAGEMENT CARE TO NEW PATIENTS AT LOW COST. OUR PHYSICIANS TREATED APPROXIMATELY 33 NEW PATIENTS AT OUR FEE OF 275 PER OFFICE VISIT, DISCOUNTED APPROXIMATELY 36% FROM THE CUSTOMARY COMMUNITY FEE OF 390, SAVING THE COMMUNITY APPROXIMATELY 3,960. - PROVIDED QUALITY PAIN MANAGEMENT CARE TO RETURNING PATIENTS AT LOW COST. OUR PHYSICIANS TREATED OUR MONTHLY RETURNING PATIENTS FOR APPROXIMATELY 3,433 OFFICE VISITS AT OUR FEE OF 230 PER OFFICE VISIT, DISCOUNTED APPROXIMATELY 41% FROM THE CUSTOMARY COMMUNITY FEE OF 325 PER OFFICE VISIT, SAVING THE COMMUNITY APPROXIMATELY 326,135. - PROVIDED A WEBSITE (WWW.PARAGONCOMMUNITYHEALTHCARE.COM) FREE TO THE COMMUNITY WITH MEDICAL INFORMATION. SUMMARY: THE DISCOUNTED SAVINGS TO THE COMMUNITY FOR OUR MEDICAL/MENTAL HEALTH PROGRAMS TOTALED APPROXIMATELY 330,095. SOME PATIENTS WERE PROVIDED FREE CANES OR OTHER ORTHOTIC DEVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THEODORE FERGUSON, II TIMOTHY ELWOOD FERGUSON PRESIDENT VP BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PROVIDED TO BOARD MEMBERS FOR REVIEW, DISCUSSION AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS DISCUSS POTENTIAL CONFLICTS DURING BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDEPENDENT BOARD MEMBERS MEET AND DETERMINE THE SALARIES OF TOP MANAGERS AND OFFICERS ACCORDING TO MARKET RATES AND STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDEPENDENT BOARD MEMBERS MEET AND DETERMINE THE SALARIES OF OFFICERS AND KEY EMPLOYEES ACCORDING TO MARKET RATES AND STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE PROVIDED MY POSTAL MAIL OR EMAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt094016
IRS990/TotalFunctionalExpensesGrp/TotalAmt0665921
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherProgSrvcExpenseAmt04577
IRS990/TotalProgramServiceExpensesAmt094016
IRS990/TotalProgramServiceRevenueAmt0564804
IRS990/TotalReportableCompFromOrgAmt0122612
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0564804
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0564804
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0127510
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014194 OAK KNOLL ST
IRS990/USAddress/CityNm0SPRING HILL
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034609
IRS990/VotingMembersGoverningBodyCnt00
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IRS990/WebsiteAddressTxt0WWW.PARAGONCOMMUNITYHEALTHCARE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THEODORE K FERGUSON II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, DIR.
ReturnHeader/BusinessOfficerGrp/PhoneNum07278426900
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARAGON COMMUNITY HEALTHCARE INC
ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0300810128
ReturnHeader/Filer/PhoneNum07278426900
ReturnHeader/Filer/USAddress/AddressLine1Txt06131 US HIGHWAY 19
ReturnHeader/Filer/USAddress/CityNm0NEW PORT RICHEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034652
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020594193
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERRINGTON ACCOUNTING & CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08002 MARBELLA CREEK AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TAMPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0336254808
ReturnHeader/PreparerPersonGrp/PhoneNum08132441724
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARTLEY HERRINGTON
ReturnHeader/ReturnTs02023-09-18T14:14:24-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THEODORE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FERGUSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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