Civic Intelligence

Florida Clinical Practice Association Inc

EIN 59-1680273 • 501(c)3 • Gainesville, FL

Profile

The Florida Clinical Practice Association, Inc. was formed primarily for the purpose of enhancing the quality of medical education and research at the University of Florida.

PO Box 100205Gainesville, FL 32610-0205

n/A

Siviq Scores

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

Liabilities / Assets

78th percentile

0.58x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.19x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

22nd percentile

0.2%

Higher net margin than 22% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

35th percentile

$1,352,977

Higher top officer pay than 35% of similar nonprofits.

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

501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

16th percentile

1.4%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

10%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Down

$376,965,367

Down $31,587,788 (-7.7%) from 2022

Liabilities

Down

$217,598,542

Down $7,893,419 (-3.5%) from 2022

Net Assets

Down

$159,366,825

Down $23,694,369 (-13%) from 2022

Revenue

Up

$1,055,556,965

Up $49,235,002 (+4.9%) from 2022

Expenses

Up

$1,081,597,498

Up $80,975,498 (+8.1%) from 2022

Net Income

Down

-$26,040,533

Down $31,740,496 (-557%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $122,936,237Liabilities 2010: $13,336,560Net Assets 2010: $109,599,6772010Assets 2011: $121,623,715Liabilities 2011: $11,488,085Net Assets 2011: $110,135,6302011Assets 2012: $124,709,294Liabilities 2012: $26,413,611Net Assets 2012: $98,295,6832012Assets 2013: $149,195,820Liabilities 2013: $48,896,170Net Assets 2013: $100,299,6502013Assets 2014: $168,817,976Liabilities 2014: $59,107,274Net Assets 2014: $109,710,7022014Assets 2015: $173,244,441Liabilities 2015: $44,197,355Net Assets 2015: $129,047,0862015Assets 2016: $189,069,851Liabilities 2016: $42,660,317Net Assets 2016: $146,409,5342016Assets 2017: $193,977,960Liabilities 2017: $47,896,816Net Assets 2017: $146,081,1442017Assets 2018: $239,206,362Liabilities 2018: $79,730,701Net Assets 2018: $159,475,6612018Assets 2019: $277,658,867Liabilities 2019: $117,590,540Net Assets 2019: $160,068,3272019Assets 2020: $276,739,646Liabilities 2020: $132,250,555Net Assets 2020: $144,489,0912020Assets 2021: $318,503,929Liabilities 2021: $143,957,069Net Assets 2021: $174,546,8602021Assets 2022: $408,553,155Liabilities 2022: $225,491,961Net Assets 2022: $183,061,1942022Assets 2023: $376,965,367Liabilities 2023: $217,598,542Net Assets 2023: $159,366,8252023

Highlighted filing

2023

Assets$376,965,367
Liabilities$217,598,542
Net Assets$159,366,825

Operations Trend

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

$1.5B$1.0B$500M$0-$500MExpenses 2010: $345,722,9272010Expenses 2011: $378,836,2032011Expenses 2012: $407,189,4532012Expenses 2013: $455,517,3032013Revenue 2014: $517,730,531Expenses 2014: $507,542,882Net Income 2014: $10,187,6492014Revenue 2015: $598,168,387Expenses 2015: $578,214,343Net Income 2015: $19,954,0442015Revenue 2016: $596,682,474Expenses 2016: $577,920,857Net Income 2016: $18,761,6172016Revenue 2017: $642,934,449Expenses 2017: $644,391,323Net Income 2017: -$1,456,8742017Revenue 2018: $667,516,138Expenses 2018: $655,834,149Net Income 2018: $11,681,9892018Revenue 2019: $711,181,531Expenses 2019: $707,889,750Net Income 2019: $3,291,7812019Revenue 2020: $741,968,777Expenses 2020: $752,392,223Net Income 2020: -$10,423,4462020Revenue 2021: $849,836,390Expenses 2021: $824,899,652Net Income 2021: $24,936,7382021Revenue 2022: $1,006,321,963Expenses 2022: $1,000,622,000Net Income 2022: $5,699,9632022Revenue 2023: $1,055,556,965Expenses 2023: $1,081,597,498Net Income 2023: -$26,040,5332023

Highlighted filing

2023

Revenue$1,055,556,965
Expenses$1,081,597,498
Net Income-$26,040,533

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$377$218$159$1,056$1,082$26.0
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$409$225$183$1,006$1,001$5.70
2021Summary only. Only limited summary data is available for this year.$319$144$175$850$825$24.9
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$277$132$144$742$752$10.4
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$278$118$160$711$708$3.29
2018Summary only. Only limited summary data is available for this year.$239$79.7$159$668$656$11.7
2017Summary only. Only limited summary data is available for this year.$194$47.9$146$643$644$1.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$189$42.7$146$597$578$18.8
2015Detailed filing. Detailed filing data is available for this year.$173$44.2$129$598$578$20.0
2014Detailed filing. Detailed filing data is available for this year.$169$59.1$110$518$508$10.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$149$48.9$100$456
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$26.4$98.3$407
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$11.5$110$379
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$13.3$110$346
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.2
Gross Receipts
$741,971,762
Mission and Program Overview

Mission

The Florida Clinical Practice Association, Inc. was formed primarily for the purpose of enhancing the quality of medical education and research at the University of Florida.

See Supplementary Schedule Schedule OThe Florida Clinical Practice Association, Inc. (FCPA) was formed primarily for the purpose of enhancing the quality of medical education and research at the University of Florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$160,068,327$144,489,091▼ $15,579,236
Savings and Temporary Cash Investments$80,343,319$103,528,693▲ $23,185,374
Land, Buildings, and Equipment, Net$83,901,748$91,816,035▲ $7,914,287
Accounts Receivable$39,771,642$45,301,356▲ $5,529,714
Other Notes and Loans Receivable, Net$19,104,904$25,869,490▲ $6,764,586
Investments Other Securities$6,855,537$6,855,537→ $0
Cash and Non-Interest-Bearing Accounts$20,795,922$1,039,052▼ $19,756,870
Investments in Publicly Traded Securities$1,975,750$1,023,510▼ $952,240
Prepaid Expenses and Deferred Charges$4,797$1,800▼ $2,997
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$277,658,867$276,739,646▼ $919,221
Other Assets Total$24,905,248$1,304,173▼ $23,601,075
Liabilities
Mortgage Notes Payable Secured by Investment Property$92,205,826$87,566,882▼ $4,638,944
Accounts Payable and Accrued Expenses$21,107,321$23,017,844▲ $1,910,523
Deferred Revenue$1,847,009$14,758,054▲ $12,911,045
Other Liabilities$2,430,384$6,907,775▲ $4,477,391
Total Liabilities$117,590,540$132,250,555▲ $14,660,015
Net Assets / Fund Balance
Total Net Assets Fund Balance$160,068,327$144,489,091▼ $15,579,236
Total Liabilities and Net Assets / Fund Balance$277,658,867$276,739,646▼ $919,221

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,862,169$9,386,751$70,248,920
Equipment$10,021,169$20,331,244$30,352,413
Leasehold Improvements$19,133,309$3,556,844$22,690,153
Land$1,648,523-$1,648,523
Other Land Buildings$150,865-$150,865
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Marvin Dewar MD JDSenior Assoc. Dean & CEO, UF PhysiciansPT$694,864$694,864

Board Members and Trustees

NameTitle
Timothy Morey MDAnesthesiology, Chair
Peter Carek MDCHFM, Chair
Abel Torres MDDermatology, Chair
Francesca K Enneking MDFormer Dermatology, Chair
Vladmir Vincek MDFormer Dermatology, Chair
Bruce Mast MDFormer Interim Surgery, Chair
William A Friedman MDFormer Neurosugery, Chair
R Stan Williams MDFormer Ob-Gyn, Chair
Scott A Rivkees MDFormer Pediatrics, Chair
Thomas Stringer MDFormer Urology, Chair
Jamie Conti MDMedicine, Chair
Michael Okun MDNeurology, Chair
Brian Hoh MDNeurosugery, Chair
John C Smulian MDOb-Gyn, Chair
Sonal Tuli MDOphthalmology, Chair
Mark T Scarborough MDOrthopaedics, Chair
Patrick J Antonelli MDOtolaryngology, Chair
Michael Clare-Salzler MDPathology, Chair
Desmond Schatz MDPediatrics, Interim Chair
Regina Bussing MDPsychiatry, Chair
Paul Okunieff MDRadiation Oncology, Chair
Li-Ming Su MDUrology, Chair
Anthony A Mancuso MDPresident
Jeremy W SibiskiExecutive Vice President/T
Gilbert Upchurch MDVice President
Marco Pahor MDAging & Geriatric Research
David M Quillen MDFormer Member
Laurence Solberg MDFormer Member at Large
Andrei Boyarshinov JDFormer Secretary
Timothy C Flynn MDFormer Senior Associate Dean, CLI
Laura HuntleyHealth Affairs, Vice Presi
Joseph A Tyndall MDInterim Dean, College of M
Andrew Eisman JDSecretary
Marvin Dewar MD JDSenior Assoc. Dean & CEO, UF Physici
C Parker Gibbs MDSenior Associate Dean, CLI
Michael McKeeUF Chief Financial Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Agency for Healthcare AdministrationIntergovernmental transfers2727 Mahan Dr Bldg 3 MS 21, Tallahassee, FL 32308$35,973,074
Tiva Healthcare IncLocum tenens physician services7700 West Sunrise Blvd, Plantation, FL 33322$2,327,129
State Collection Service IncAccount receivables management2509 S Stoughton Road, Madison, WI 53716$667,507
Vista Staffing Solutions IncLocum tenens physician services2800 E Cottonwood Pywy Ste 400, Cottonwood Heights, UT 84121$656,481
Heartcare Imaging IncEcho Tech Services760 North US Highway One, Tequesta, FL 33469$618,996
Revenue and Support

Revenue Composition

Contributions and Grants
$106,135,375
Program Service Revenue
$632,236,735
Investment Income
$1,667,167
Other Revenue
$1,929,500
All Other Contributions
$94,645,281
Change in Net Assets
$-10,423,446

Audited Revenue Reconciliation

Revenue per Audited Statements
$721,174,773
Revenue Not Reported on Financial Statements
$20,794,004
Revenue Not Reported on Form 990
$-5,155,790
Other Revenue Adjustments
$20,794,004
Total Revenue per Audited Statements
$716,018,983
Total Revenue per Form 990
$741,968,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$520,740,145
Other Expenses$231,652,078
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$520,740,145--$520,740,145
Fees for Services Other$129,472,129$34,341,026-$163,813,155
Occupancy$7,671,123$198,847-$7,869,970
Depreciation Depletion$4,288,406$1,178,399-$5,466,805
Office Expenses$1,959,596$2,001,559-$3,961,155
Other Expenses$2,837,096$311,559-$2,837,096
Interest-$2,274,686-$2,274,686
All Other Expenses$913,687$503,158-$1,416,845
Insurance-$597,339-$597,339
Travel$51,503$65,718-$117,221
Fees for Services Accounting-$114,820-$114,820
Fees for Services Legal-$62,200-$62,200
Advertising$19,249$978-$20,227
Total Functional Expenses$710,741,934$41,650,289$0$752,392,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$752,392,223
Expenses per Audited Statements$731,598,219
Total Expenses per Audited Statements$731,598,219
Expenses Not Reported on Financial Statements$20,794,004
Other Expense Adjustments$20,794,004
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of FloridaGainesville, FL115General support.$514,388,106
Stop Children's CancerGainesville, FL501(c)(3)General support.$19,600
American Heart AssociationPrescot, AZ501(c)(3)General support.$10,000
Children's Miracle NetworkGainesville, FL501(c)(3)General support.$10,000
Tallahassee Memorial Healthcare FoundationTallahassee, FL501(c)(3)General support.$10,000
Climb for Cancer FoundationGainesville, FL501(c)(3)General support.$7,500
Ronald McDonald HouseGainesville, FL501(c)(3)General support.$6,500
Ocala Royal Dames for Cancer ResearchOcala, FL501(c)(3)General support.$5,000
Peaceful Paths IncGainesville, FL501(c)(3)General support.$5,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Fair Value of Interest Rate Swaps$6,643,650
PT Refunds - Centralized$264,125
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 following are the members of Florida Clinical Practice Assocation as stated in the articles of incorporation: All clinical practitioners who serve full-time on the faculty of the University of Florida College of Medicine, the Dean of the College of Medicine, the Senior Vice President for Health Affairs of the University of Florida or designee, the Executive Vice President of the corporation, if one has been selected by the Board of Directors, and each Chair of a clinical department of the College of Medicine shall be members.

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

The Form 990 was prepared by an unrelated and independent accountant and reviewed by the organization's financial management. The Florida Clinical Practice Association's audit committee reviews the form 990 before it is filed with the Internal Revenue Service.

Form 990, Part VI, Section B, line 12

The Florida Clinical Practice Association does not have a conflict of interest policy because the organization does not have actual employees. All Board Members are employees of the University of Florida and follow the University of Florida's Conflict of Interest Policy. The University of Florida is a related organization for which the Florida Clinical Practice Association is a support organization. All faculty and staff of the University of Florida are required to disclose relevant 'outside activities and financial interests. In addition, the College of Medicine of the University of Florida has an additional conflict of interest policy and review processes that are tailored to the College of Medicine to focus on mitigating potential conflicts that are specific to the academic healthcare environment. The College of Medicine has a Compliance Office that administers and oversees the College's conflict of interest policy and processes under the direction of leadership.

Form 990, Part VI, Section B, line 15

The Florida Clinical Practice Association does not provide compensation to the organization's CEO, Executive Director, or top management official. In addition, the FCPA does not provide compensation to the organization's other officers or key employees. The University of Florida ("University") provides compensation to these individuals in their role as University employees. The compensation is determined, reviewed, and approved following the University's procedures which require review and approval by University officials that are not in the College of Medicine.

Form 990, Part VI, Section C, line 19

Florida Clinical Practice Association will make its governing documents and financial statements available to the public upon request.

Form 990, Part VI Section B Line 13

The Florida Clinical Practice Association does not have a written whistleblower policy but its related organization, the University of Florida, does. All Board Members are University of Florida employees and adhere to this policy for Florida Clinical Practice Association's business activities.

Form 990, Part VI Section B Line 14

The Florida Clinical Practice Association does not have a written document retention and destruction policy but its related organization, the University of Florida, does. All Board Members are University of Florida employees and adhere to this policy for Florida Clinical Practice Association's documents.

Filing and Contact Details

Filer

Filer Name
Florida Clinical Practice Association
EIN
59-1680273
Phone
3522658017
Address
PO Box 100205, Gainesville, FL 32610-0205

Signing Officer

Name
Jeremy Sibiski
Title
Executive Vice President
Phone
3522658017
Signed
2021-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony A Mancuso MD
Formed
1976
Legal Domicile
Fl
Voting Board Members
25
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Pya Pc
Address
3000 Bayport Drive Suite 860, Tampa, FL 33607
Preparer
Terry Haefner
Phone
7274427110
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other professional fees: Program service expenses 129,472,129. Management and general expenses 34,341,026. Fundraising expenses 0. Total expenses 163,813,155.

Financial Statement Notes

Part X, Line 2:

The Florida Clinical Practice Association (FCPA) is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3) and is exempt from state income taxes. Accordingly, no provision for income taxes has been included in the accompanying financial statements. There were no uncertain tax positions. Tax returns for the years ended June 30, 2017 through 2020 are subject to examination by taxing authorities.

Part XI, Line 4B - Other Adjustments:

Bad Debts Netted against Patient Revenue 20,794,004.

Part XII, Line 4B - Other Adjustments:

Bad Debts Netted against Patient Revenue 20,794,004.

Raw XML AppendixShowing 400 of 1,489 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/Desc0Clinical services and education - The FCPA facilitates the provision of educationally oriented clinical practice settings and opportunities, through which University of Florida faculty members provide health and medical treatment to patients as an integral part of their academic activities and their employment as faculty. Such faculty practice activities are designed to assure clinical practice opportunities and experiences that are essential in the training of students and postgraduate health professionals. These activities also will enhance skills and knowledge of faculty members who must teach and train medical and other health professional students.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Regina Bussing MD
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Carek MD
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Clare-Salzler MD
IRS990/Form990PartVIISectionAGrp/PersonNm4Jamie Conti MD
IRS990/Form990PartVIISectionAGrp/PersonNm5Marvin Dewar MD JD
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IRS990/Form990PartVIISectionAGrp/PersonNm8Brian Hoh MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Otolaryngology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Psychiatry, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHFM, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Pathology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Medicine, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Senior Assoc. Dean & CEO, UF Physicians
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Senior Associate Dean, Cli
IRS990/Form990PartVIISectionAGrp/TitleTxt8Neurosugery, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Health Affairs, Vice Presi
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11UF Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Anesthesiology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt13Neurology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt14Radiation Oncology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Aging & Geriatric Research
IRS990/Form990PartVIISectionAGrp/TitleTxt16Orthopaedics, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt17Pediatrics, Interim Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Vice President/T
IRS990/Form990PartVIISectionAGrp/TitleTxt19Ob-Gyn, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt20Urology, Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt21Dermatology, Chair

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