Civic Intelligence

Physicians for Fair Coverage Ltd

990 • Fiscal year 2017 • EIN 81-2941933

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 19, 2018

8400 Westpark Drive 2nd FloorMcLean, VA 22102

(703) 610-9035

Siviq Scores

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

Liabilities / Assets

76th percentile

0.31x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$514,234

No earlier filing loaded for comparison.

Net Assets

$352,494

No earlier filing loaded for comparison.

Liabilities

$161,740

No earlier filing loaded for comparison.

Revenue

$2,641,993

No earlier filing loaded for comparison.

Expenses

$2,289,499

No earlier filing loaded for comparison.

Net Income

$352,494

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $514,234Liabilities 2017: $161,740Net Assets 2017: $352,4942017Assets 2018: $234,910Liabilities 2018: $151,459Net Assets 2018: $83,4512018Assets 2019: $692,071Liabilities 2019: $609,656Net Assets 2019: $82,4152019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$514,234
Liabilities$161,740
Net Assets$352,494

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2017: $2,641,993Expenses 2017: $2,289,499Net Income 2017: $352,4942017Revenue 2018: $2,363,815Expenses 2018: $2,612,276Net Income 2018: -$248,4612018Revenue 2019: $8,440,958Expenses 2019: $8,441,994Net Income 2019: -$1,0362019Revenue 2020: $1,580,139Expenses 2020: $1,662,554Net Income 2020: -$82,4152020

Highlighted filing

2017

Revenue$2,641,993
Expenses$2,289,499
Net Income$352,494
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 19, 2018
Return Version
2016v3.0
Gross Receipts
$2,641,993
Mission and Program Overview

Mission

Physicians for Fair Coverage (PFC) is a non-profit, non-partisan organization that advocates on behalf physicians and their patients to create stronger patient protections, ensure access to care and improve transparency in the health care system.

Advocacy organization to improve patient protections and End The Surprise Insurance Gap- See Part III

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$513,704▲ $513,704
Prepaid Expenses and Deferred Charges$0$530▲ $530
Total Assets$0$514,234▲ $514,234
Liabilities
Accounts Payable and Accrued Expenses$0$161,740▲ $161,740
Total Liabilities$0$161,740▲ $161,740
Net Assets / Fund Balance
Unrestricted Net Assets$0$352,494▲ $352,494
Total Net Assets Fund Balance$0$352,494▲ $352,494
Total Liabilities and Net Assets / Fund Balance$0$514,234▲ $514,234
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dominic Bagnoli MDCo-Chair
Kip Schumacher MDCo-Chair
Michele H KimballPresident and CEO/ Secretary
Ed Gaines JD CCPEx Officio Member
Jeff Bettinger MDEx Officio Member
Compton Broders MDMember
Dighton Packard MDMember
Tony Andrulonis MDMember
Yogin Patel MDMember
Anthony Gabriel MDMember-at-Large
Sherif Zaafran MDMember-at-Large
Stephen Holtzclaw MDMember-at-Large
Bing Pao MDTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Powell TateMarketing and Public Relations733 10th Street NW Suite 600, Washington, DC 20001$955,652
BGR Government AffairsLobbying/RetainerPO Box 14416, Washington, DC 20044$274,578
Interel US Inc (formerly AMG)Management services8400 Westpark Drive 2nd Floor, McLean, VA 22102$249,984
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,641,993
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$352,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,289,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$855,652--$855,652
Fees for Services Management-$620,034-$620,034
Fees for Services Lobbying$563,897--$563,897
Fees for Services Legal-$96,902-$96,902
Conferences and Meetings$64,451--$64,451
Travel-$50,331-$50,331
Office Expenses-$23,749-$23,749
Fees for Services Other-$7,350-$7,350
Information Technology$3,650$832-$4,482
Insurance-$2,651-$2,651
Total Functional Expenses$1,487,650$801,849$0$2,289,499
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

PFC retains the services of a management firm, Interel US, Inc. (Interel). Management fees represent amounts paid to Interel under the terms of the agreement to provide management, back-office services, office space, equipment and other resources. Management fees totaled $620,034 for the year ended June 30, 2017. PFC's President and CEO is an employee of and was compensated by Interel.

Form 990, Part VI, Section A, line 6

The organization has dues paying members.

Form 990, Part VI, Section A, line 7A

The members elect the Board of Directors.

Form 990, Part VI, Section A, line 7B

Certain governance decisions and amendments to organizational documents are subject to a 2/3 majority active membership vote and approval.

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

A draft copy of Form 990 was provided PFC's President and CEO for review prior to filing.

Form 990, Part VI, Section B, line 12C

Each member of the Board and each committee member annually shall review the Conflict of Interest policy, agree to abide by the Conflict of Interest Policy, and shall execute a separate Disclosure Statement.

Form 990, Part VI, Section C, line 19

PFC's governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Physicians for Fair Coverage Ltd
EIN
81-2941933
Phone
7036109035
Address
8400 Westpark Drive 2nd Floor, McLean, VA 22102

Signing Officer

Name
Michele H Kimball
Title
President and CEO
Phone
7036109035
Signed
2018-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele H Kimball
Formed
2016
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1: Organization'S Mission

Physicians for Fair Coverage (PFC) is a growing multi-specialty alliance of physician practices from around the country. PFC is the organization that advocates for physicians and their patients to improve patient protections, promote transparency and maintain access to care. To accomplish its mission, the PFC will: Advocate for strong protections that hold patients financially harmless for unexpected out-of-network care, and for adequate and fair reimbursement for physicians to ensure access to high quality healthcare services for their patients. Develop and implement a proactive strategy to promote fair healthcare coverage for physician and clinician services and the patients served by physicians. Monitor and respond to threats to fair coverage on the Federal and State level. Coordinate and mobilize, where possible and appropriate, with other stakeholders to develop coalitions in the pursuit of common goals and objectives. Develop strategies to address coercive contracting by health plans. Conduct its activities in accordance with such powers as are now, or may hereafter be permitted, under Delaware law.

Financial Statement Notes

Part X, Line 2:

Management evaluated PFC's tax positions and concluded that PFC's financial statements do not include any uncertain tax positions.

Raw XML Appendix379 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management evaluated PFC's tax positions and concluded that PFC's financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Physicians for Fair Coverage (PFC) is a growing multi-specialty alliance of physician practices from around the country. PFC is the organization that advocates for physicians and their patients to improve patient protections, promote transparency and maintain access to care. To accomplish its mission, the PFC will: Advocate for strong protections that hold patients financially harmless for unexpected out-of-network care, and for adequate and fair reimbursement for physicians to ensure access to high quality healthcare services for their patients. Develop and implement a proactive strategy to promote fair healthcare coverage for physician and clinician services and the patients served by physicians. Monitor and respond to threats to fair coverage on the Federal and State level. Coordinate and mobilize, where possible and appropriate, with other stakeholders to develop coalitions in the pursuit of common goals and objectives. Develop strategies to address coercive contracting by health plans. Conduct its activities in accordance with such powers as are now, or may hereafter be permitted, under Delaware law.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PFC retains the services of a management firm, Interel US, Inc. (Interel). Management fees represent amounts paid to Interel under the terms of the agreement to provide management, back-office services, office space, equipment and other resources. Management fees totaled $620,034 for the year ended June 30, 2017. PFC's President and CEO is an employee of and was compensated by Interel.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has dues paying members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The members elect the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Certain governance decisions and amendments to organizational documents are subject to a 2/3 majority active membership vote and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A draft copy of Form 990 was provided PFC's President and CEO for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Each member of the Board and each committee member annually shall review the Conflict of Interest policy, agree to abide by the Conflict of Interest Policy, and shall execute a separate Disclosure Statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PFC's governing documents and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1: Organization's Mission
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0514234
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0514234
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0801849
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01487650
IRS990/TotalFunctionalExpensesGrp/TotalAmt02289499
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0161740
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0161740
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352494
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01487650
IRS990/TotalProgramServiceRevenueAmt02641993
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02641993
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02641993
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0514234
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt050331
IRS990/TravelGrp/TotalAmt050331
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0352494
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08400 Westpark Drive 2nd Floor
IRS990/USAddress/CityNm0McLean
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022102
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0http://thepfc.org/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Michele H Kimball
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07036109035
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Physicians for Fair Coverage Ltd
ReturnHeader/Filer/BusinessNameControlTxt0PHYS
ReturnHeader/Filer/EIN0812941933
ReturnHeader/Filer/PhoneNum07036109035
ReturnHeader/Filer/USAddress/AddressLine1Txt08400 Westpark Drive 2nd Floor
ReturnHeader/Filer/USAddress/CityNm0McLean
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022102
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0539A6A236E8C35E9CB3BF805290DF5953BA1CD00
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0539A6A236E8C35E9CB3BF805290DF5953BA1CD00
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.214.41.82
ReturnHeader/FilingSecurityInformation/IPDt02018-04-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:13:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582676261
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rogers & Company PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08300 Boone Boulevard Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Vienna
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022182
ReturnHeader/PreparerPersonGrp/PhoneNum07038930300
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lori A Collingsworth
ReturnHeader/ReturnTs02018-04-17T00:00:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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