Civic Intelligence

Florida Medical Schools Quality Network

EIN 90-0883903 • 501(c)3 • Gainesville, FL

990-N CoverageNTEE P03

Profile

Improving the quality of care provided to medicaid enrollees in managed care plans and to reduce preventable medical events and develop more efficient protocols for treatment of patients with chronic diseases.

PO Box 103450Gainesville, FL 32610-3450

www.fmsqn.org

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-186%

Higher net margin than 4% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-66%

Faster asset growth than 11% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-64%

Faster revenue growth than 12% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$70,779

Down $135,597 (-66%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$70,779

Down $135,597 (-66%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin4th percentile

Revenue

Down

$72,963

Down $127,574 (-64%) from 2023

Expenses

Up

$208,560

Up $208,118 (+47086%) from 2023

Net Income

Down

-$135,597

Down $335,692 (-168%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$300K$200K$100K$0Assets 2022: $6,281Liabilities 2022: $0Net Assets 2022: $6,2812022Assets 2023: $206,376Liabilities 2023: $0Net Assets 2023: $206,3762023Assets 2024: $70,779Liabilities 2024: $0Net Assets 2024: $70,7792024

Highlighted filing

2024

Assets$70,779
Liabilities$0
Net Assets$70,779
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$400K$200K$0-$200KRevenue 2022: $347,965Expenses 2022: $350,105Net Income 2022: -$2,1402022Revenue 2023: $200,537Expenses 2023: $442Net Income 2023: $200,0952023Revenue 2024: $72,963Expenses 2024: $208,560Net Income 2024: -$135,5972024

Highlighted filing

2024

Revenue$72,963
Expenses$208,560
Net Income-$135,597
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,779
Liabilities
$0
Net assets
$70,779
Revenue
$72,963
Expenses
$208,560
Net income
-$135,597
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.73$2.09$1.36
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$2.01$0.00$2.00
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$3.48$3.50$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 3, 2025
Return Version
2023v6.0
Gross Receipts
$72,963
Mission and Program Overview

Mission

Improving the quality of care provided to medicaid enrollees in managed care plans and to reduce preventable medical events and develop more efficient protocols for treatment of patients with chronic diseases.

Improving the quality of care provided to Medicaid enrollees in Managed Care P{lans and developing

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$6,281$206,376▲ $200,095
Cash and Non-Interest-Bearing Accounts$206,376$70,779▼ $135,597
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
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$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
Rtn Earn Endowment Incm Other Fnds$200,095$-135,597▼ $335,692
Total Assets$206,376$70,779▼ $135,597
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$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$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$206,376$70,779▼ $135,597
Total Liabilities and Net Assets / Fund Balance$206,376$70,779▼ $135,597
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Charles J Lockwood MDPresident
Alma Littles MDVice President
Curtis L Whitehair MDDirector
Deborah O German MDDirector
Elaine M Wallace MDDirector
Henri R Ford MDDirector
Johannes W Vieweg MDDirector
Juan Carlos Cendan MDDirector
Mark Kauffman MDDirector
Jeanette C Schreber JDSecretary
Jennifer Hunt MDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,963
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-135,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$200,225
Other Expenses$8,335
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,225--$200,225
Office Expenses$0$7,740$0$7,740
Fees for Services Legal$0$595$0$595
Total Functional Expenses$200,225$8,335$0$208,560
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MiamiCoral Gables, FL-General$131,690
University of South FloridaTampa, FL-General$47,112
University of FloridaGainesville, FL-General$21,423
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

Part VI, Line 6

“Members”

Filing and Contact Details

Filer

Filer Name
Florida Medical Schools Quality Network Inc
EIN
90-0883903
In Care Of
% Charles Lockwood MD
Phone
3522657538
Address
PO BOX 103450, Gainesville, FL 32610-3450

Signing Officer

Name
Charles Lockwood
Title
President
Signed
2025-05-03

Organization Details

Formed
2014
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
0
Employees
0
Volunteers
0
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