Civic Intelligence

South Florida Preventive Care Initiative Inc

EIN 46-3024864 • 501(c)3 • Miami, FL

Profile

Provide educational, charitable and healthcare services to the community in South Florida.

Refreshing map…

333 SE 2nd Avenue Suite 4500Miami, FL 33131

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.61x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.88x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

97th percentile

80%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$1,000,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

98th percentile

134%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

1102%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$94,795,663

Up $54,366,714 (+134%) from 2023

Liabilities

Up

$57,645,298

Up $2,247,686 (+4.1%) from 2023

Net Assets

Up

$37,150,365

Up $52,119,028 (+348%) from 2023

Revenue

Up

$65,183,686

Up $59,759,365 (+1102%) from 2023

Expenses

Up

$13,064,658

Up $4,065,707 (+45%) from 2023

Net Income

Up

$52,119,028

Up $55,693,658 (+1558%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2017: $47,298,499Liabilities 2017: $49,642,229Net Assets 2017: -$2,343,7302017Assets 2018: $46,153,574Liabilities 2018: $49,514,817Net Assets 2018: -$3,361,2432018Assets 2019: $45,008,649Liabilities 2019: $49,688,744Net Assets 2019: -$4,680,0952019Assets 2020: $43,863,724Liabilities 2020: $50,249,876Net Assets 2020: -$6,386,1522020Assets 2021: $42,718,799Liabilities 2021: $51,301,564Net Assets 2021: -$8,582,7652021Assets 2022: $41,573,874Liabilities 2022: $52,967,907Net Assets 2022: -$11,394,0332022Assets 2023: $40,428,949Liabilities 2023: $55,397,612Net Assets 2023: -$14,968,6632023Assets 2024: $94,795,663Liabilities 2024: $57,645,298Net Assets 2024: $37,150,3652024

Highlighted filing

2024

Assets$94,795,663
Liabilities$57,645,298
Net Assets$37,150,365

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2017: $5,091,851Expenses 2017: $5,879,173Net Income 2017: -$787,3222017Revenue 2018: $5,170,452Expenses 2018: $6,187,965Net Income 2018: -$1,017,5132018Revenue 2019: $5,129,939Expenses 2019: $6,448,791Net Income 2019: -$1,318,8522019Revenue 2020: $5,231,720Expenses 2020: $6,937,777Net Income 2020: -$1,706,0572020Revenue 2021: $5,308,616Expenses 2021: $7,505,229Net Income 2021: -$2,196,6132021Revenue 2022: $5,343,574Expenses 2022: $8,154,842Net Income 2022: -$2,811,2682022Revenue 2023: $5,424,321Expenses 2023: $8,998,951Net Income 2023: -$3,574,6302023Revenue 2024: $65,183,686Expenses 2024: $13,064,658Net Income 2024: $52,119,0282024

Highlighted filing

2024

Revenue$65,183,686
Expenses$13,064,658
Net Income$52,119,028

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$105,693,120
Mission and Program Overview

Mission

Provide educational, charitable and health care services to the community in South Florida. Is also the lessor of a hospital to the South Broward Hospital District.

Provide educational, charitable and healthcare services to the community in South Florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$94,795,663▲ $94,795,663
Loans From Officers Directors$47,497,156$56,476,648▲ $8,979,492
Land, Buildings, and Equipment, Net$40,428,949$0▼ $40,428,949
Rtn Earn Endowment Incm Other Fnds$-14,968,663$37,150,365▲ $52,119,028
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$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
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$40,428,949$94,795,663▲ $54,366,714
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$7,900,456$0▼ $7,900,456
Accounts Payable and Accrued Expenses$0$1,168,650▲ $1,168,650
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$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$55,397,612$57,645,298▲ $2,247,686
Net Assets / Fund Balance
Total Net Assets Fund Balance$-14,968,663$37,150,365▲ $52,119,028
Total Liabilities and Net Assets / Fund Balance$40,428,949$94,795,663▲ $54,366,714
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ricardo ZarzurDirectorPT$1,000,000$1,000,000$1,000,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
McDermott Will EmeryLegal-$1,967,423
Legacy Plus RealtyReal estate broker-$1,130,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,997,521
Investment Income
$60,186,165
Other Revenue
$0
Change in Net Assets
$52,119,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,064,658
Salaries, Compensation, and Employee Benefits$1,000,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$8,874,012--$8,874,012
Fees for Services Legal-$1,967,423-$1,967,423
Depreciation Depletion$1,049,514--$1,049,514
Current Officers, Directors, Trustees, and Key Employees-$1,000,000-$1,000,000
Fees for Services Other$0$141,150-$141,150
Travel-$27,500-$27,500
Fees for Services Accounting-$3,800-$3,800
Other Expenses$1,259--$1,259
Total Functional Expenses$9,924,785$3,139,873$0$13,064,658
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$47,497,156$56,476,648▲ $8,979,492
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 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
No
Management duties delegated
No

Governance Explanations

01. Officer, directors, etc. family relationship (Part VI, line 2)

Directors Ricardo Zarzur & Roberto Zarzur are brothers Director Shirley Chohfi Cury Zarzur is a director and is married to Ricardo Zarzur.

03. Form 990 governing body review (Part VI, line 11)

The Board of Directors reviews Form 990 with its legal counsel and CPA.

04. Conflict of interest policy compliance (Part VI, line 12C)

The organization has a written conflict of interest policy which requires, among other things, an interested person to disclose all material facts to the directors (and members of any committees with governing board delegated powers) in order to consider the proposed transaction or arrangement where a potential conflict of interest has been identified. The organization monitors compliance with the conflict of interest policy by inquiring, reviewing and considering any proposed transactions in which the organizations may enter and requesting disclosure from any director that may have a financial interest in such a proposed transaction. Moreover, in accordance with the organization's conflict of interest policy, a director who has a financial interest in a transaction is required to abstain from voting. Enforcement of the organization's conflict of interest policy is carried out in accordance with the terms of such policy with respect to any violations.

05. Governing documents, etc, available to public (Part VI, line 19)

The organization makes its governing documents, conflict of interest policy and financial statements available to the public during the tax year upon request.

Filing and Contact Details

Filer

Filer Name
South Florida Preventive Care Initiative Inc
EIN
46-3024864
In Care Of
% MICHAEL A SILVA ESQ
Phone
3053583500
Address
333 SE 2nd Avenue Suite 4500, Miami, FL 33131

Signing Officer

Name
Ricardo Zarzur
Title
Director
Phone
3053583500
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ricardo Zarzur
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Bdo USA
Address
100 SE 2ND STREET SUITE 1700, MIAMI, FL 33131
Preparer
Manuel E Pravia
Phone
3053818000
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04997521
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-14968663
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt037150365
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt051200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt052000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0127503
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0445599
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0445599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt04997521
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt04997521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0445599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0445599
IRS990ScheduleA/InvestmentIncomeCYPct00.07999
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.03186
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0177478
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt04947546
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04947546
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt04947546
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt04947546
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04997521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt012503
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt051200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt052000
IRS990ScheduleA/Total509Grp/TotalAmt05125024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05443120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt012503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt051200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt052000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05570623
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt01000000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICARDO ZARZUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt01000000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt056476648
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ACQ REAL ESTATE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt08000000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0WZ HOLDINGS LTD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OWNED BY DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt056476648
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc07800 Sheridan Street Land/Building
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02024-11-20
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0596014973
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0100000000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Sales value
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0South Broward Hospital District
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt03501 Johnson Street
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Hollywood
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0FL
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd033021
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Directors Ricardo Zarzur & Roberto Zarzur are brothers Director Shirley Chohfi Cury Zarzur is a director and is married to Ricardo Zarzur.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors reviews Form 990 with its legal counsel and CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has a written conflict of interest policy which requires, among other things, an interested person to disclose all material facts to the directors (and members of any committees with governing board delegated powers) in order to consider the proposed transaction or arrangement where a potential conflict of interest has been identified. The organization monitors compliance with the conflict of interest policy by inquiring, reviewing and considering any proposed transactions in which the organizations may enter and requesting disclosure from any director that may have a financial interest in such a proposed transaction. Moreover, in accordance with the organization's conflict of interest policy, a director who has a financial interest in a transaction is required to abstain from voting. Enforcement of the organization's conflict of interest policy is carried out in accordance with the terms of such policy with respect to any violations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy and financial statements available to the public during the tax year upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc001. Officer, directors, etc. family relationship (Part VI, line 2)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc103. Form 990 governing body review (Part VI, line 11)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc204. Conflict of interest policy compliance (Part VI, line 12c)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc305. Governing documents, etc, available to public (Part VI, line 19)
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0SF PREVENTIV
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0HOSPITAL REALTY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0205511367
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLDING COMP
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0333 SE 2ND AVE STE 4500
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MIAMI
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd033131
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt040428949
IRS990/TotalAssetsEOYAmt094795663
IRS990/TotalAssetsGrp/BOYAmt040428949
IRS990/TotalAssetsGrp/EOYAmt094795663
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03139873
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09924785
IRS990/TotalFunctionalExpensesGrp/TotalAmt013064658
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt055397612
IRS990/TotalLiabilitiesEOYAmt057645298
IRS990/TotalLiabilitiesGrp/BOYAmt055397612
IRS990/TotalLiabilitiesGrp/EOYAmt057645298
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-14968663
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037150365
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt09924785
IRS990/TotalProgramServiceRevenueAmt04997521
IRS990/TotalReportableCompFromOrgAmt01000000

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