St Joseph Physician Associates
St Joseph Physician Associates consistently operates at a deficit, with 2023 expenses exceeding revenue by nearly $6 million.
EIN: 203159302 · Bryan, TX · NTEE: E21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $45.0M |
| Total Expenses | $54.5M |
| Program Spending | 80% |
| Net Assets | $-10,775,441 |
| Transparency Score | 55/100 |
Is St Joseph Physician Associates Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Joseph Physician Associates directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Joseph Physician Associates
St Joseph Physician Associates (EIN: 203159302) is a nonprofit organization based in Bryan, TX, classified under NTEE code E21. The organization reported total revenue of $45.0M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Joseph Physician Associates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Joseph Physician Associates is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.6M |
| Total Expenses | $54.5M |
| Surplus / Deficit | $-5,933,895 |
| Total Assets | $1.6M |
| Total Liabilities | $12.4M |
| Net Assets | $-10,775,441 |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 759.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, St Joseph Physician Associates reported a deficit of $5.9M with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 759.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Joseph Physician Associates's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +8.5% | +10.3% |
| 2022 | +11.6% | +16.0% | -73.0% |
| 2021 | +7.2% | +7.8% | +5.3% |
| 2020 | +9.2% | +9.0% | +134.8% |
| 2019 | +7.3% | +5.9% | +160.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Joseph Physician Associates with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, St Joseph Physician Associates allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $5.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 759.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that executive salaries are either covered by a related entity or that the organization's leadership is entirely volunteer-based, which is unusual for an organization of this revenue 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 Joseph Physician Associates's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $5,933,895 deficit in 2023).
- Significant and fluctuating liabilities, reaching $12,408,821 in 2023, which could indicate financial strain.
- Lack of reported officer compensation on 990s, potentially obscuring the full cost of leadership or financial structure.
Strengths
The following positive indicators were identified for St Joseph Physician Associates:
- Substantial and growing revenue base, indicating a large scale of operations and service delivery (e.g., $48,603,412 in 2023).
- Long filing history (13 filings), suggesting established operations and compliance with reporting requirements.
Frequently Asked Questions about St Joseph Physician Associates
Is St Joseph Physician Associates a legitimate charity?
St Joseph Physician Associates (EIN: 203159302) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $45.0M. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does St Joseph Physician Associates spend its money?
St Joseph Physician Associates directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to St Joseph Physician Associates tax-deductible?
St Joseph Physician Associates is registered as a tax-exempt nonprofit (EIN: 203159302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Joseph Physician Associates's spending goes to programs?
St Joseph Physician Associates directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Joseph Physician Associates compare to similar nonprofits?
With a transparency score of 55/100 (Fair), St Joseph Physician Associates is near average for NTEE category E21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Joseph Physician Associates located?
St Joseph Physician Associates is headquartered in Bryan, Texas and files with the IRS under EIN 203159302. It is classified under NTEE code E21.
How many years of IRS 990 filings does St Joseph Physician Associates have?
St Joseph Physician Associates has 13 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 $45.0M in total revenue.
Is St Joseph Physician Associates a good charity?
The organization's consistent operational deficits, such as the $5,933,895 deficit in 2023, raise concerns about its financial sustainability. While it provides significant services (implied by high revenue), its ability to cover expenses with revenue is consistently challenged.
Why does St Joseph Physician Associates consistently report 0% officer compensation?
The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation may be handled by a parent or related organization, or that the leadership is entirely volunteer. This practice, while not illegal, can obscure the true cost of leadership and warrants further investigation for complete transparency.
What is the trend in St Joseph Physician Associates' liabilities?
Liabilities have shown significant fluctuation, from $736,164 in 2015 to a high of $12,408,821 in 2023. This volatility and recent increase in liabilities could indicate growing financial obligations or operational debt.
How does St Joseph Physician Associates cover its operational deficits?
The consistent operational deficits, such as the $2,407,036 deficit in 2022, imply that the organization relies on external funding, such as contributions from a parent organization or other non-operating revenue, to cover its expenses. The 990 data alone does not specify these sources.
Filing History
IRS 990 filing history for St Joseph Physician Associates showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Joseph Physician Associates's revenue has grown by 90.9%, moving from $25.5M to $48.6M. Total assets decreased by 79.1% over the same period, from $7.8M to $1.6M. Total functional expenses rose by 71.3%, from $31.8M to $54.5M. In its most recent filing year (2023), St Joseph Physician Associates reported a deficit of $5.9M, with expenses exceeding revenue. The organization holds $12.4M in liabilities against $1.6M in assets (debt-to-asset ratio: 759.7%), resulting in net assets of $-10,775,441.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.6M | $54.5M | $1.6M | $12.4M | — | — |
| 2022 | $47.8M | $50.2M | $1.5M | $6.3M | — | View 990 |
| 2021 | $42.9M | $43.3M | $5.5M | $7.9M | — | — |
| 2020 | $40.0M | $40.2M | $5.2M | $7.2M | — | View 990 |
| 2019 | $36.6M | $36.9M | $2.2M | $4.0M | — | View 990 |
| 2018 | $34.1M | $34.8M | $849K | $2.3M | — | View 990 |
| 2017 | $32.5M | $32.8M | $656K | $1.4M | — | View 990 |
| 2016 | $30.4M | $31.1M | $812K | $1.2M | — | View 990 |
| 2015 | $14.7M | $14.0M | $1.1M | $736K | — | View 990 |
| 2014 | $26.9M | $29.0M | $1.8M | $2.2M | — | View 990 |
| 2013 | $39.2M | $45.2M | $2.8M | $1.1M | — | View 990 |
| 2012 | $42.0M | $41.5M | $9.2M | $1.5M | — | View 990 |
| 2011 | $25.5M | $31.8M | $7.8M | $527K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.6M, expenses of $54.5M, and assets of $1.6M (revenue +1.6% year-over-year).
- 2022: Revenue of $47.8M, expenses of $50.2M, and assets of $1.5M (revenue +11.6% year-over-year).
- 2021: Revenue of $42.9M, expenses of $43.3M, and assets of $5.5M (revenue +7.2% year-over-year).
- 2020: Revenue of $40.0M, expenses of $40.2M, and assets of $5.2M (revenue +9.2% year-over-year).
- 2019: Revenue of $36.6M, expenses of $36.9M, and assets of $2.2M (revenue +7.3% year-over-year).
- 2018: Revenue of $34.1M, expenses of $34.8M, and assets of $849K (revenue +5.1% year-over-year).
- 2017: Revenue of $32.5M, expenses of $32.8M, and assets of $656K (revenue +6.7% year-over-year).
- 2016: Revenue of $30.4M, expenses of $31.1M, and assets of $812K (revenue +107.2% year-over-year).
- 2015: Revenue of $14.7M, expenses of $14.0M, and assets of $1.1M (revenue -45.4% year-over-year).
- 2014: Revenue of $26.9M, expenses of $29.0M, and assets of $1.8M (revenue -31.5% year-over-year).
- 2013: Revenue of $39.2M, expenses of $45.2M, and assets of $2.8M (revenue -6.5% year-over-year).
- 2012: Revenue of $42.0M, expenses of $41.5M, and assets of $9.2M (revenue +64.9% year-over-year).
- 2011: Revenue of $25.5M, expenses of $31.8M, and assets of $7.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Joseph Physician Associates:
Data Sources and Methodology
This transparency report for St Joseph Physician Associates 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.