St Francis Physician Services Inc
St Francis Physician Services Inc faces persistent operating deficits amid highly volatile revenues.
EIN: 134290167 · Greenville, SC · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36.9M |
| Total Expenses | $63.0M |
| Program Spending | 90% |
| Net Assets | $35.7M |
| Transparency Score | 60/100 |
Is St Francis Physician Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Francis Physician Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Francis Physician Services Inc
St Francis Physician Services Inc (EIN: 134290167) is a nonprofit organization based in Greenville, SC, classified under NTEE code E32. The organization reported total revenue of $36.9M and total assets of $123.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Francis Physician Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Francis Physician Services Inc is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.2M |
| Total Expenses | $63.0M |
| Surplus / Deficit | $-30,855,258 |
| Total Assets | $98.3M |
| Total Liabilities | $62.6M |
| Net Assets | $35.7M |
| Operating Margin | -96.0% |
| Debt-to-Asset Ratio | 63.7% |
| Months of Reserves | 18.7 months |
Financial Health Grade: C
In 2023, St Francis Physician Services Inc reported a deficit of $30.9M with expenses exceeding revenue, holds 18.7 months of operating reserves (strong position), has a debt-to-asset ratio of 63.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), St Francis Physician Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.2% | -59.1% | +121.9% |
| 2022 | -49.9% | -38.1% | -45.7% |
| 2021 | -0.8% | -2.1% | +17.3% |
| 2020 | +228.2% | +205.1% | +22.3% |
| 2019 | -69.7% | -65.6% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Francis Physician Services Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Francis Physician Services Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues in the tens to hundreds of millions. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, making it difficult to assess relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Francis Physician Services Inc's IRS 990 filings:
- Persistent operating deficits: Expenses consistently exceed revenues in recent years (e.g., $63M expenses vs. $32M revenue in 2023).
- Highly volatile revenues: Revenues have swung from $494M in 2016 to $32M in 2023, indicating instability.
- Unclear executive compensation: Consistent 0% officer compensation reported, which is unusual for an organization of this scale and reduces transparency.
- Significant liability fluctuations: Liabilities have at times exceeded assets, raising concerns about solvency (e.g., $145M liabilities vs. $56M assets in 2019).
Strengths
The following positive indicators were identified for St Francis Physician Services Inc:
- No reported officer compensation: While potentially misleading, the 0% reported officer compensation could indicate a highly efficient or volunteer-led executive structure.
- Substantial asset base: The organization holds a significant asset base, reaching $123 million in the latest filing, which provides some financial cushion.
Frequently Asked Questions about St Francis Physician Services Inc
Is St Francis Physician Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Francis Physician Services Inc (EIN: 134290167) some concerns. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
How does St Francis Physician Services Inc spend its money?
St Francis Physician Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Francis Physician Services Inc tax-deductible?
St Francis Physician Services Inc is registered as a tax-exempt nonprofit (EIN: 134290167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Francis Physician Services Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), St Francis Physician Services Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Francis Physician Services Inc located?
St Francis Physician Services Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 134290167. It is classified under NTEE code E32.
How many years of IRS 990 filings does St Francis Physician Services Inc have?
St Francis Physician Services Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $36.9M in total revenue.
Is St Francis Physician Services Inc financially stable?
The organization has shown significant financial instability, consistently reporting expenses exceeding revenues in recent years. For example, in 2023, expenses were $63 million against revenues of $32 million, indicating a substantial operating deficit. This trend raises concerns about long-term sustainability.
How does St Francis Physician Services Inc manage executive compensation?
All available IRS 990 filings report 0% officer compensation. This is highly unusual for an organization of this size and suggests that executive compensation may be structured or reported in a way that is not transparent through the 'officer compensation' line item, or that leadership is entirely volunteer.
What caused the drastic revenue fluctuations?
Revenues have fluctuated dramatically, from $494 million in 2016 to $32 million in 2023. Without additional context from the organization, it's difficult to pinpoint the exact causes, but such swings often indicate significant operational changes, divestitures, or changes in funding models.
Filing History
IRS 990 filing history for St Francis Physician Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), St Francis Physician Services Inc's revenue has declined by 70.3%, moving from $108.4M to $32.2M. Total assets increased by 731.7% over the same period, from $11.8M to $98.3M. Total functional expenses fell by 55.1%, from $140.5M to $63.0M. In its most recent filing year (2023), St Francis Physician Services Inc reported a deficit of $30.9M, with expenses exceeding revenue. The organization holds $62.6M in liabilities against $98.3M in assets (debt-to-asset ratio: 63.7%), resulting in net assets of $35.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.2M | $63.0M | $98.3M | $62.6M | — | — |
| 2022 | $85.1M | $154.1M | $44.3M | $53.5M | — | View 990 |
| 2021 | $169.8M | $248.8M | $81.6M | $79.2M | — | View 990 |
| 2020 | $171.1M | $254.1M | $69.6M | $114.5M | — | View 990 |
| 2019 | $52.1M | $83.3M | $56.9M | $145.6M | — | View 990 |
| 2019 | $171.8M | $242.0M | $63.8M | $121.4M | — | View 990 |
| 2018 | $232.9M | $231.9M | $39.9M | $27.2M | — | View 990 |
| 2017 | $232.4M | $232.5M | $40.9M | $29.3M | — | View 990 |
| 2016 | $494.5M | $212.7M | $36.8M | $25.2M | — | View 990 |
| 2015 | $148.1M | $196.0M | $36.6M | $306.8M | — | View 990 |
| 2014 | $141.9M | $184.6M | $33.4M | $255.7M | — | View 990 |
| 2013 | $142.3M | $181.5M | $29.5M | $209.1M | — | View 990 |
| 2012 | $134.2M | $168.7M | $28.9M | $169.4M | — | View 990 |
| 2011 | $108.4M | $140.5M | $11.8M | $117.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.2M, expenses of $63.0M, and assets of $98.3M (revenue -62.2% year-over-year).
- 2022: Revenue of $85.1M, expenses of $154.1M, and assets of $44.3M (revenue -49.9% year-over-year).
- 2021: Revenue of $169.8M, expenses of $248.8M, and assets of $81.6M (revenue -0.8% year-over-year).
- 2020: Revenue of $171.1M, expenses of $254.1M, and assets of $69.6M (revenue +228.2% year-over-year).
- 2019: Revenue of $52.1M, expenses of $83.3M, and assets of $56.9M (revenue -69.7% year-over-year).
- 2019: Revenue of $171.8M, expenses of $242.0M, and assets of $63.8M (revenue -26.2% year-over-year).
- 2018: Revenue of $232.9M, expenses of $231.9M, and assets of $39.9M (revenue +0.2% year-over-year).
- 2017: Revenue of $232.4M, expenses of $232.5M, and assets of $40.9M (revenue -53.0% year-over-year).
- 2016: Revenue of $494.5M, expenses of $212.7M, and assets of $36.8M (revenue +233.8% year-over-year).
- 2015: Revenue of $148.1M, expenses of $196.0M, and assets of $36.6M (revenue +4.4% year-over-year).
- 2014: Revenue of $141.9M, expenses of $184.6M, and assets of $33.4M (revenue -0.3% year-over-year).
- 2013: Revenue of $142.3M, expenses of $181.5M, and assets of $29.5M (revenue +6.0% year-over-year).
- 2012: Revenue of $134.2M, expenses of $168.7M, and assets of $28.9M (revenue +23.9% year-over-year).
- 2011: Revenue of $108.4M, expenses of $140.5M, and assets of $11.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Francis Physician Services Inc:
Data Sources and Methodology
This transparency report for St Francis Physician Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.