Civic Intelligence

University of Maryland Obstetrical And

EIN 52-0913438 • 501(c)3 • Baltimore, MD

Profile

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical instruction for medical students and other trainees and to deliver healthcare to the general public without regard to the patient's ability to pay for services.

250 WEST PRATT STREET Suite 880Baltimore, MD 21201

www.umfpi.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.66x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.53x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

55th percentile

6.6%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$198,309

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

50th percentile

4.3%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

4.2%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$17,899,338

Up $734,673 (+4.3%) from 2023

Liabilities

Down

$11,770,155

Down $940,873 (-7.4%) from 2023

Net Assets

Up

$6,129,183

Up $1,675,546 (+38%) from 2023

Revenue

Up

$22,298,408

Up $895,380 (+4.2%) from 2023

Expenses

Up

$20,821,316

Up $278,139 (+1.4%) from 2023

Net Income

Up

$1,477,092

Up $617,241 (+72%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $5,595,361Liabilities 2010: $5,198,684Net Assets 2010: $396,6772010Assets 2011: $6,445,878Liabilities 2011: $6,648,265Net Assets 2011: -$202,3872011Assets 2012: $7,407,005Liabilities 2012: $8,084,236Net Assets 2012: -$677,2312012Assets 2013: $8,662,027Liabilities 2013: $10,235,349Net Assets 2013: -$1,573,3222013Assets 2014: $8,635,271Liabilities 2014: $9,462,227Net Assets 2014: -$826,9562014Assets 2015: $8,144,238Liabilities 2015: $8,934,918Net Assets 2015: -$790,6802015Assets 2016: $7,529,964Liabilities 2016: $7,487,038Net Assets 2016: $42,9262016Assets 2017: $8,824,967Liabilities 2017: $8,347,124Net Assets 2017: $477,8432017Assets 2018: $9,886,443Liabilities 2018: $8,183,837Net Assets 2018: $1,702,6062018Assets 2019: $12,057,705Liabilities 2019: $9,541,568Net Assets 2019: $2,516,1372019Assets 2020: $11,907,910Liabilities 2020: $9,086,502Net Assets 2020: $2,821,4082020Assets 2021: $13,649,114Liabilities 2021: $9,394,373Net Assets 2021: $4,254,7412021Assets 2022: $14,173,563Liabilities 2022: $10,779,841Net Assets 2022: $3,393,7222022Assets 2023: $17,164,665Liabilities 2023: $12,711,028Net Assets 2023: $4,453,6372023Assets 2024: $17,899,338Liabilities 2024: $11,770,155Net Assets 2024: $6,129,1832024

Highlighted filing

2024

Assets$17,899,338
Liabilities$11,770,155
Net Assets$6,129,183

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $11,422,8812010Expenses 2011: $12,751,2422011Expenses 2012: $14,356,4962012Revenue 2013: $14,749,900Expenses 2013: $15,603,803Net Income 2013: -$853,9032013Revenue 2014: $14,819,560Expenses 2014: $14,206,047Net Income 2014: $613,5132014Revenue 2015: $15,784,523Expenses 2015: $15,686,915Net Income 2015: $97,6082015Revenue 2016: $15,168,816Expenses 2016: $14,266,335Net Income 2016: $902,4812016Revenue 2017: $17,657,570Expenses 2017: $17,352,736Net Income 2017: $304,8342017Revenue 2018: $17,869,774Expenses 2018: $16,710,854Net Income 2018: $1,158,9202018Revenue 2019: $18,071,479Expenses 2019: $17,302,476Net Income 2019: $769,0032019Revenue 2020: $17,648,904Expenses 2020: $17,332,329Net Income 2020: $316,5752020Revenue 2021: $19,437,289Expenses 2021: $18,372,642Net Income 2021: $1,064,6472021Revenue 2022: $21,512,675Expenses 2022: $21,814,743Net Income 2022: -$302,0682022Revenue 2023: $21,403,028Expenses 2023: $20,543,177Net Income 2023: $859,8512023Revenue 2024: $22,298,408Expenses 2024: $20,821,316Net Income 2024: $1,477,0922024

Highlighted filing

2024

Revenue$22,298,408
Expenses$20,821,316
Net Income$1,477,092

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.9$11.8$6.13$22.3$20.8$1.48
2023Detailed filing. Detailed filing data is available for this year.$17.2$12.7$4.45$21.4$20.5$0.86
2022Detailed filing. Detailed filing data is available for this year.$14.2$10.8$3.39$21.5$21.8$0.30
2021Detailed filing. Detailed filing data is available for this year.$13.6$9.39$4.25$19.4$18.4$1.06
2020Detailed filing. Detailed filing data is available for this year.$11.9$9.09$2.82$17.6$17.3$0.32
2019Detailed filing. Detailed filing data is available for this year.$12.1$9.54$2.52$18.1$17.3$0.77
2018Detailed filing. Detailed filing data is available for this year.$9.89$8.18$1.70$17.9$16.7$1.16
2017Detailed filing. Detailed filing data is available for this year.$8.82$8.35$0.48$17.7$17.4$0.30
2016Detailed filing. Detailed filing data is available for this year.$7.53$7.49$0.04$15.2$14.3$0.90
2015Detailed filing. Detailed filing data is available for this year.$8.14$8.93$0.79$15.8$15.7$0.10
2014Detailed filing. Detailed filing data is available for this year.$8.64$9.46$0.83$14.8$14.2$0.61
2013Summary only. Only limited summary data is available for this year.$8.66$10.2$1.57$14.7$15.6$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.41$8.08$0.68$14.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$6.65$0.20$12.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$5.20$0.40$11.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$22,298,408
Mission and Program Overview

Mission

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical instruction for medical students and other trainees and to deliver healthcare to the general public without regard to the patient's ability to pay for services.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,000,000$10,751,175▼ $248,825
Investments in Publicly Traded Securities$2,426,181$2,718,434▲ $292,253
Accounts Receivable$1,614,055$1,441,633▼ $172,422
Land, Buildings, and Equipment, Net$34,010$39,342▲ $5,332
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
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
Cash and Non-Interest-Bearing Accounts$555,633$-17,963▼ $573,596
Total Assets$17,164,665$17,899,338▲ $734,673
Other Assets Total$1,534,786$2,966,717▲ $1,431,931
Liabilities
Other Liabilities$10,837,423$9,556,237▼ $1,281,186
Accounts Payable and Accrued Expenses$1,873,605$2,213,918▲ $340,313
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,711,028$11,770,155▼ $940,873
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,453,637$6,129,183▲ $1,675,546
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$4,453,637$6,129,183▲ $1,675,546
Total Liabilities and Net Assets / Fund Balance$17,164,665$17,899,338▲ $734,673

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,342$425,865$465,207
Leasehold Improvements$0$259,033$259,033
Other Assets Org$418,437--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nori HarrisDirector of Practice OperationFT$143,067$55,242$198,309
Rick E BrinegarDirector of Professional FeesFT$150,282$38,333$188,615
Brendan HarrisonDirector of Financial AdminFT$133,399$51,163$184,562
Elizabeth JohnstonNurse Practitioner (thru 1/24)FT$101,726$36,271$137,997
Irina Burd MdPresidentPT$60,293$74,155$74,155
Ozhan Turan MdTreasurer-$42,954$21,158$64,112
May Blanchard MdSecretary-$30,708$26,035$56,743

Highest Paid Contractors

ContractorServicesLocationCompensation
Quadrant IncorportatedTemp Employee Agency1881 CAMPUS COMMONS DRIVE SUITE 30, Reston, VA 20191$400,937
Medix Staffing Solutions INCTemp Employee Agency7839 SOLUTION CENTER, Chicago, IL 60677$238,868
Aerotek Professional ServicesTemp Employee Agency3689 COLLECTION CENTER DRIVE, Chicago, IL 60693$178,661
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,654,080
Investment Income
$644,328
Other Revenue
$0
Change in Net Assets
$1,477,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,293,412
Revenue Not Reported on Financial Statements
$4,996
Revenue Not Reported on Form 990
$42,682
Total Revenue per Audited Statements
$22,336,094
Total Revenue per Form 990
$22,298,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,932,273
Salaries, Compensation, and Employee Benefits$6,876,329
Grants and Similar Amounts Paid$12,714
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,878,104$1,228,178-$5,106,282
Fees for Services Other$676,301$1,364,074-$2,040,375
Payments to Affiliates$1,788,914--$1,788,914
Insurance$1,537,044--$1,537,044
Other Employee Benefits$678,982$219,227-$898,209
Occupancy$520,888$260,294-$781,182
All Other Expenses$232,400$170,580-$402,980
Payroll Taxes$271,110$85,919-$357,029
Pension Plan Contributions$271,147$85,538-$356,685
Information Technology$275,300--$275,300
Office Expenses$151,839$112,016-$263,855
Other Expenses$30,838$182,990-$213,828
Current Officers, Directors, Trustees, and Key Employees$158,124--$158,124
Fees for Services Accounting-$38,667-$38,667
Grants to Domestic Orgs$12,714--$12,714
Depreciation Depletion$8,579$3,677-$12,256
Conferences and Meetings$4,674$442-$5,116
Fees for Service Investment Mgmnt Fees$3,497$1,499-$4,996
Advertising$2,333$1,000-$3,333
Total Functional Expenses$17,067,215$3,754,101$0$20,821,316

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$20,821,316
Expenses per Audited Statements$20,660,548
Total Expenses per Audited Statements$20,660,548
Expenses Not Reported on Financial Statements$160,768
Other Expense Adjustments$155,772
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Departmental Development Fund$7,001,547
Operating Lease Liabilities$2,008,547
Medical School Enrichment Fund$356,678
Medical School Services Plan Trust$105,814
Due to Related Parties$83,651
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, PART VI, SECTION A, LINE 6:

The entity is a maryland corporation whose stockholders are physicians and members of the governing body.

FORM 990, PART VI, SECTION B, LINE 11B:

The entity receives a copy of the 990 and a representative of the governing body approves it before signing the electronic filing authorization.

FORM 990, PART VI, SECTION B, LINE 12C:

As part of their employment by the university of maryland faculty physicians, inc. (fpi) and the faculty practices of the university of maryland (pas), employees and faculty are required to follow the medical service plan. Msp policy #37 lists the requirements of compliance and good business practices. As part of the msp policy #37, fpi also maintains a corporate compliance plan, which details expectations around conflict of interest situations and billing responsibilities. Fpi relies on the good faith of its employees in the exercise of their responsibilities. All business judgments on behalf of fpi should be made by its employees on the basis of such trust and in fpi's best interests. Fpi fully respects the rights of employees to privacy in their personal affairs and financial activities. The purpose of this policy is to provide guidance to employees in avoiding situations in their personal activities which are, or appear to be, in conflict with their responsibilities to fpi. Although it is impractical to attempt to define every situation which might be considered a conflict of interest, generally speaking, a conflict exists when an employee's personal interests or activities may influence his or her judgment in the performance of his or her duty to fpi. There may be cases where such conflicts are more theoretical than real, but employees should be concerned about possible conflicts and review and disclose this situation in light of the following guidelines. A major focus of the corporate compliance plan is currently on coding, billing, and documentation compliance and ensuring that regulations are being followed. However, compliance goes beyond avoiding penalties. Our total corporate compliance plan includes a full range of issues, including: -employment contracts -conflicts of interest -patient confidentiality -records retention -contracts and business relationships (including professional service agreements) -waivers of co-payments, coinsurance, and deductibles, and more. While the compliance office will make every effort to provide appropriate compliance information to all employees, and to respond to all inquiries, no educational and training program, however comprehensive, can anticipate every situation that may present compliance issues. Responsibility for compliance with the corporate compliance plan, including the duty to seek guidance when in doubt, rests with each employee. The above information is discussed with each new employee and faculty member upon hire. Annual corporate compliance training touches on the above as well.

FORM 990, PART VI, SECTION B, LINE 15:

Compensation for each pa president and officer is reviewed annually by the dean of the school of medicine. The compensation discussion includes a review of both base and variable compensation components compared to relevant benchmarks. These two components reflect the total approved salary (tas). Aamc report on medical school faculty salaries issued by the american association of medical colleges provides compensation guidelines in the 25th percentile, 50th percentile and 75th percentile as benchmarks. Once the tas is approved by the dean, it is then sent to the umb campus president for final approval. The variable or bonus component of compensation for clinical activities is managed through a school wide performance-based incentive compensation (pbic) plan. Bonus payments are also approved by the president of umb before distribution.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflicts of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
University of Maryland Obstetrical and
EIN
52-0913438
In Care Of
% JONATHAN CADWELL
Phone
6672141303
Address
250 WEST PRATT STREET Suite 880, BALTIMORE, MD 21201

Signing Officer

Name
Irina Burd Md
Title
Chair
Phone
6672141128
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irina Burd Md
Formed
1971
Legal Domicile
Md
Voting Board Members
1
Independent Board Members
0
Employees
59
Volunteers
0

Preparer

Firm
Bdo USA
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Todd Teresco
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical instruction for medical students and other trainees and to deliver healthcare to the public without regard to the patient's ability to pay for services.

FORM 990, PART XII, LINE 2C:

The process for selecting the auditors has not changed from the preceding year.

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

The association is exempt from income taxes under internal revenue code section 501(c)(3). There were no income taxes paid on unrelated business activities for the years ended june 30, 2024 and 2023. Relevant accounting standards require the recognition and measurement of uncertain tax positions taken or expected to be taken by the association in the preparation of its tax returns. The association determines whether it is more-likely-than-not that a certain tax position will be sustained upon examination by a taxing authority. If an uncertain tax position is less-likely-than-not to be sustained, an estimate of the potential effect is recognized in the financial statements, and the uncertain tax position is required to be disclosed. Per management's evaluation, it has been determined that no material adjustments were required in the financial statements for tax positions less-likely-than-not to be sustained upon examination by a taxing authority for the years ended june 30, 2024 and 2023. The association believes it is no longer subject to income tax examinations for years prior to 2020.

SCHEDULE D, PART XI, LINE 2D:

Bad debt expense -$ 155,772

SCHEDULE D, PART XII, LINE 4B:

Bad debt expense $ 155,772

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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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IRS990/Desc0UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE, MEDICAL SERVICES ARE RENDERED BY THE MEMBERS OF THE FACULTY ON BEHALF OF THE SCHOOL OF MEDICINE IN CONNECTION WITH THEIR DUTIES TO PROVIDE CLINICAL INSTRUCTION FOR MEDICAL STUDENTS AND OTHER TRAINEES AND TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES.
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