BEducationEIN: 571234883· Ruling Year: 2008

Florida Medical Practice Plan Inc

Tallahassee, Florida

CHealth Score
40C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median9.48×
💰
$10.9M
Total Revenue
📊
$12.2M
Total Expenses
🏦
$698K
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+25.9%
Year-over-year change (2022 → 2023)
Net Margin
-11.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
85.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,922,40426%$12,163,83024%$4,906,81416%
2022$8,676,9828%$9,815,9055%$5,825,5338%
2021$9,443,72024%$9,313,91917%$6,356,2771%
2020$7,625,68222%$7,973,32721%$6,439,041
2019$6,228,06516%$6,564,51843%$6,455,956
2018$5,350,67117%$4,591,01235%$6,427,53820%
2017$4,581,55148%$3,395,11558%$5,373,31827%
2016$8,865,54529%$8,106,79031%$4,234,4748%
2015$12,439,7193%$11,728,8395%$4,622,52225%
2014$12,065,1662%$12,387,4309%$3,701,4737%
2013$11,823,48426%$11,400,23429%$3,993,96524%
2012$9,372,2498%$8,858,1698%$3,212,25937%
2011$8,713,880$8,165,761$2,341,360

Frequently Asked Questions

What does Florida Medical Practice Plan Inc do?

Florida Medical Practice Plan Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B113 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Florida Medical Practice Plan Inc financially healthy?

Based on our 9-metric Financial Health Score model, Florida Medical Practice Plan Inc has a score of 40/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Florida Medical Practice Plan Inc generate?

Florida Medical Practice Plan Inc reports $11.8M in annual revenue and holds $6.5M in total assets, based on IRS filings.

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