Centeral Flordia Clinical Practice Organization Inc
- Assets
- $10.5m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 61-1566097
Organization Overview
Centeral Flordia Clinical Practice Organization Inc is located in Orlando, FL. The organization was established in 2011. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centeral Flordia Clinical Practice Organization Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Centeral Flordia Clinical Practice Organization Inc generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $5.3m during the year ending 06/2022. While expenses have increased by 27.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS FORMED TO SUPPORT AND FURTHER THE CHARITABLE ACTIVITIES OF THE UNIVERSITY OF CENTRAL FLORIDA BY PROMOTING AND SUPPORTING MEDICAL EDUCATION, RESEARCH AND PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL FLORIDA CLINICAL PRACTICE ORGANIZATION, INC. (CFCPO) WAS CREATED TO ASSIST THE UNIVERSITY OF CENTRAL FLORIDA COLLEGE OF MEDICINE IN CARRYING OUT ITS CHARITABLE AND EDUCATIONAL ACTIVITIES. CFCPO SUPPORTS THE BUSINESS OPERATIONS OF THE UNIVERSITY'S COLLEGE OF MEDICINE CLINICAL MISSION. CFCPO COLLECTS, RECEIVES AND ADMINISTERS THE CLINICALLY RELATED REVENUES AND DISTRIBUTES THAT REVENUE IN ACCORDANCE WITH THE COLLEGE OF MEDICINE FACULTY PRACTICE PLAN ADOPTED PURSUANT TO FLORIDA BOARD OF GOVERNORS REGULATION 9.017 (FACULTY PRACTICE PLAN) AND UNIVERSITY OF CENTRAL FLORIDA REGULATION 10.001. CFCPO FUNDS ARE APPLIED AND DISBURSED TO COVER OPERATING EXPENSES OF THE COLLEGE OF MEDICINE CLINICAL MISSION AND SUPPORT THE MISSION AND OBJECTIVES OF THE UNIVERSITY OF CENTRAL FLORIDA COLLEGE OF MEDICINE. CFCPO'S ACTIVITIES ARE AN INTEGRAL PART OF THE UNIVERSITY OF CENTRAL FLORIDA'S EXEMPT ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah C German MD Chair | OfficerTrustee | 2 | $0 |
Edward Ross MD Vice-Chair | OfficerTrustee | 2 | $0 |
Misty Shepherd CPA Treasurer | OfficerTrustee | 2 | $0 |
Jeanette C Schreiber JD Msw Secretary | OfficerTrustee | 2 | $0 |
Tiffany Altizer Director | Trustee | 2 | $0 |
Michael Johnson PHD Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intrafusion Gp Llc Infusion Management | 6/29/22 | $128,915 |
Groupone Health Source Inc Revenue Cycle | 6/29/22 | $321,452 |
Eclinicalworks Llc Software Development | 6/29/22 | $313,236 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,859,861 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,574 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,862,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,293,819 |
| Advertising and promotion | $700 |
| Office expenses | $57,891 |
| Information technology | $337,794 |
| Royalties | $0 |
| Occupancy | $498,792 |
| Travel | $2,935 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,659 |
| Insurance | $6,563 |
| All other expenses | $32,534 |
| Total functional expenses | $5,346,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,921,057 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $704,241 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,954 |
| Prepaid expenses and deferred charges | $96,461 |
| Net Land, buildings, and equipment | $145,805 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $507,039 |
| Total assets | $10,468,557 |
| Accounts payable and accrued expenses | $549,128 |
| Grants payable | $0 |
| Deferred revenue | $4,613 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,919 |
| Total liabilities | $556,660 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $9,911,897 |
| Total liabilities and net assets/fund balances | $10,468,557 |
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|---|---|---|
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Oxbridge Academy Foundation Inc West Palm Beach, FL | $65,288,192 | $19,905,008 |
University Of West Florida Foundation Inc Pensacola, FL | $164,565,433 | $23,515,652 |
Gator Boosters Inc Gainesville, FL | $35,445,358 | $17,089,938 |
The University Of North Florida Foundation Inc Jacksonville, FL | $189,463,504 | $37,925,600 |
Usf Health Professions Conferencing Corporation Tampa, FL | $17,834,474 | $17,025,476 |
Florida Agricultural & Mechanical Univ Foundation Inc Tallahassee, FL | $165,576,820 | $45,594,915 |
Jessie Ball Dupont Religious Charitable & Educational Fund Jacksonville, FL | $0 | $23,306,581 |
Avant Garde Academy Foundation Inc Hollywood, FL | $46,079,616 | $17,259,977 |
Florida State University Research Foundation Inc Tallahassee, FL | $238,210,385 | $28,107,542 |
Georgia Tech Facilities Inc Atlanta, GA | $407,064,936 | $14,504,049 |
Fsu Financial Assistance Inc Tallahassee, FL | $147,384,832 | $12,995,500 |