Civic Intelligence

Uhs Professional Education Programs Inc Formerly Uhs at Stony Point Inc

990 • Fiscal year 2022 • EIN 54-1790553

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

401 N 12th St PO Box 980510Richmond, VA 23298-0510

(804) 828-3640

Siviq Scores

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

Liabilities / Assets

96th percentile

1.21x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

3.71x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

14th percentile

-21%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

99th percentile

$926,431

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 103.3% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

474%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-49%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,759,617

Up $2,278,807 (+474%) from 2021

Net Assets

Down

-$566,572

Down $189,955 (-50%) from 2021

Liabilities

Up

$3,326,189

Up $2,468,762 (+288%) from 2021

Revenue

Down

$896,515

Down $847,972 (-49%) from 2021

Expenses

Down

$1,086,470

Down $678,868 (-38%) from 2021

Net Income

Down

-$189,955

Down $169,104 (-811%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $998,733Liabilities 2011: $885,969Net Assets 2011: $112,7642011Assets 2012: $929,596Liabilities 2012: $1,095,802Net Assets 2012: -$166,2062012Assets 2013: $715,685Liabilities 2013: $1,032,543Net Assets 2013: -$316,8582013Assets 2014: $825,162Liabilities 2014: $1,225,122Net Assets 2014: -$399,9602014Assets 2015: $905,506Liabilities 2015: $1,127,629Net Assets 2015: -$222,1232015Assets 2016: $804,476Liabilities 2016: $888,067Net Assets 2016: -$83,5912016Assets 2017: $458,265Liabilities 2017: $830,244Net Assets 2017: -$371,9792017Assets 2018: $622,401Liabilities 2018: $1,109,632Net Assets 2018: -$487,2312018Assets 2019: $1,249,313Liabilities 2019: $1,167,442Net Assets 2019: $81,8712019Assets 2020: $751,028Liabilities 2020: $1,106,794Net Assets 2020: -$355,7662020Assets 2021: $480,810Liabilities 2021: $857,427Net Assets 2021: -$376,6172021Assets 2022: $2,759,617Liabilities 2022: $3,326,189Net Assets 2022: -$566,5722022Assets 2023: $3,649,880Liabilities 2023: $4,353,653Net Assets 2023: -$703,7732023Assets 2024: $4,599,150Liabilities 2024: $5,593,658Net Assets 2024: -$994,5082024

Highlighted filing

2022

Assets$2,759,617
Liabilities$3,326,189
Net Assets-$566,572

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,181,6642011Expenses 2012: $2,771,4492012Expenses 2013: $2,558,8642013Revenue 2014: $1,731,200Expenses 2014: $1,814,302Net Income 2014: -$83,1022014Revenue 2015: $2,008,393Expenses 2015: $2,241,435Net Income 2015: -$233,0422015Revenue 2016: $1,628,093Expenses 2016: $1,720,248Net Income 2016: -$92,1552016Revenue 2017: $1,232,971Expenses 2017: $1,604,950Net Income 2017: -$371,9792017Revenue 2018: $1,910,797Expenses 2018: $2,121,662Net Income 2018: -$210,8652018Revenue 2019: $2,281,830Expenses 2019: $2,334,284Net Income 2019: -$52,4542019Revenue 2020: $1,689,419Expenses 2020: $2,127,056Net Income 2020: -$437,6372020Revenue 2021: $1,744,487Expenses 2021: $1,765,338Net Income 2021: -$20,8512021Revenue 2022: $896,515Expenses 2022: $1,086,470Net Income 2022: -$189,9552022Revenue 2023: $721,851Expenses 2023: $859,052Net Income 2023: -$137,2012023Revenue 2024: $875,469Expenses 2024: $1,166,204Net Income 2024: -$290,7352024

Highlighted filing

2022

Revenue$896,515
Expenses$1,086,470
Net Income-$189,955
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$896,515
Mission and Program Overview

Mission

Uhs professional education programs, inc. Operates to support the educational, scientific, & charitable purposes and activities of virginia commonwealth university and the virginia commonwealth university health system authority, principally through the organization and provision of educational programs for vcuhsa physicians and other physicians within and outside virginia.

SEE SCHEDULE 0

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$399,137$584,190▲ $185,053
Accounts Receivable$47,926$77,129▲ $29,203
Prepaid Expenses and Deferred Charges$31,707$0▼ $31,707
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$480,810$2,759,617▲ $2,278,807
Other Assets Total$2,040$2,098,298▲ $2,096,258
Liabilities
Other Liabilities$747,309$3,311,499▲ $2,564,190
Deferred Revenue$110,118$7,365▼ $102,753
Accounts Payable and Accrued Expenses-$7,325-
Total Liabilities$857,427$3,326,189▲ $2,468,762
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-376,617$-566,572▼ $189,955
Total Net Assets Fund Balance$-376,617$-566,572▼ $189,955
Total Liabilities and Net Assets / Fund Balance$480,810$2,759,617▲ $2,278,807

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,098,298--
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Chair (jan-june)
-Chair (july-dec)
-President/CEO
-Vice Chair
-Director
-Director (jan-june)
-Director (jul-dec)
-Director/sec
-Dir/treas
-Former Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$195,750
Program Service Revenue
$700,765
Investment Income
$0
Other Revenue
$0
All Other Contributions
$195,750
Change in Net Assets
$-189,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$783,170
Other Expenses$303,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$533,924$59,325-$593,249
Other Employee Benefits$93,922$10,436-$104,358
Advertising$74,337$8,260-$82,597
Information Technology$40,637$4,515-$45,152
Payroll Taxes$40,106$4,456-$44,562
Pension Plan Contributions$36,901$4,100-$41,001
Fees for Services Other$31,200$0$0$31,200
Office Expenses$18,884$2,098-$20,982
Conferences and Meetings$8,130$903-$9,033
Other Expenses$2,015$0$0$2,015
Total Functional Expenses$992,377$94,093$0$1,086,470
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
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
Due to Affiliates$3,311,499
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

University health services, inc. Is the sole member of uhs professional education programs.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

University health services ("uhs") has the right to appoint, elect or remove the members of the board of directors of the organization.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The organization may not alter, nor make changes to the organization's structure, including merge, dissolve or liquidate, amend or repeal its bylaws without approval of the board of directors of vcuhsa.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Financial information is provided by vcuhs' finance department to an independent accounting firm. The firm prepares the form 990 for review. The finance department reviews the form 990 with the appropriate executive director and finance leader of the organization. Upon final review with leadership, the governing body of the organization is provided with a copy of the return prior to filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Vcu health system (vcuhs) has a conflict of interest policy that requires annual dislcosure of actual or potential conflicts. This policy applies to board members/managers, decision-making board committees and officers across all related entities. The annual disclosure is completed by a larger group of interested persons, including but not limited to those reported on internal revenue service (irs) form 990. Vcuhs is required to participate in the commonwealth's statement of economic interest process (soei). Vcuhs' participation in this process is mandated by the enabling legislation for vcuhs. Participation is required for directors and above. Additionally, employees are encouraged to contact the compliance helpline if they are aware of any violations of health system policy or have any compliance concerns. All concerns reported via this venue are investigated and appropriate remediation is implemented. When a voting board member has a conflict, the individual is prohibited from participating in the governing body's deliberations and decisions related to the conflicting transaction.

Form 990, Part VI, Line 19 Required documents available to the public

Documents are available for upon request.

Filing and Contact Details

Filer

Filer Name
UHS Professional Education Programs
EIN
54-1790553
Phone
8048283640
Address
401 N 12TH ST PO BOX 980510, RICHMOND, VA 23298-0510

Signing Officer

Name
Alan Dow Md
Title
Business Officer
Phone
8048283640
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Ernst & Young US Llp
Address
1101 NEW YORK AVENUE NW, Washington, DC 20005
Preparer
Amber Gazica
Phone
2023276000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Uhs professional education programs, inc. Operates to support the educational, scientific, & charitable purposes and activities of virginia commonwealth university and the virginia commonwealth university health system authority, principally through the organization and provision of educational programs for virginia commonwealth university health system authority physicians and other physicians within and outside virginia.

Form 990, Part III, Line 1

Uhs professional education programs, inc. Operates to support the educational, scientific, & charitable purposes and activities of virginia commonwealth university and the virginia commonwealth university health system authority, principally through the organization and provision of educational programs for virginia commonwealth university health system authority physicians and other physicians within and outside virginia.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The filing organization is exempt from federal income taxes on related income under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been made in the accompanying financial statements.

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IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0533924
IRS990/OtherSalariesAndWagesGrp/TotalAmt0593249
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04456
IRS990/PayrollTaxesGrp/ProgramServicesAmt040106
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04100
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036901
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0ALAN DOW MD
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IRS990/PYTotalRevenueAmt01744487
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IRS990/ReconcilationRevenueExpnssAmt0-189955
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0700765
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BASED ON PUBLIC OPERATIONS AND DISCLOSURES, VIRGINIA COMMONWEALTH UNIVERSITY IS A PUBLIC EDUCATIONAL INSTITUTION AND VIRGINIA COMMONWEALTH UNIVERSITY HEALTH SYSTEM AUTHORITY IS A GOVERNMENTAL UNIT
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2)
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IRS990ScheduleA/SupportedOrganizationsTotalCnt02
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VIRGINIA COMMONWEALTH UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1VCU HEALTH SYSTEM AUTHORITY
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03311499
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliates
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FILING ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02098298
IRS990ScheduleD/TotalLiabilityAmt03311499
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IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.60$5.59$0.99$0.88$1.17$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$4.35$0.70$0.72$0.86$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.76$3.33$0.57$0.90$1.09$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.86$0.38$1.74$1.77$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.75$1.11$0.36$1.69$2.13$0.44
2019Detailed filing. Detailed filing data is available for this year.$1.25$1.17$0.08$2.28$2.33$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.62$1.11$0.49$1.91$2.12$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.83$0.37$1.23$1.60$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.89$0.08$1.63$1.72$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.91$1.13$0.22$2.01$2.24$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.83$1.23$0.40$1.73$1.81$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$1.03$0.32$2.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$1.10$0.17$2.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.89$0.11$2.18