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Baptist Physician Network

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Health Treatment Facilities, Primarily Outpatient (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$11.3M (2023)

Expenses
$22.3M (2023)

Total Assets
$1.82M (2023)

Total Liabilities
$61.8M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,257,128
Expenses
$22,276,485
Net Income
-$11,019,357
Net Assets
-$60,021,405
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,257,128
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,298,431
46.2%
Assets/Debt
Total Assets $1,817,859
Total Liabilities $61,839,264
Net Assets -$60,021,405
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Spaw Md (Physician) $776,478 $0 $27,251
Mohamed Vadva Md (Physician) $537,593 $0 $23,774
Wayne Margolis Md (Physicain) $392,053 $0 $30,008
Rina Musa Md (Physician) $329,420 $0 $20,871
Amira Alkatib Do (Physician) $316,856 $0 $22,695
Nathaniel J Alford Jr Md (Director/Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Snehal Doshi (Director/Board Member) $0 $0 $0
Bryan Chandler (Vice President) $0 $341,674 $53,164
Gary Troutman (Treasurer/Cfo) $0 $418,499 $58,882
Justin Doss (President/Ceo) $0 $775,672 $57,709
Linda Moore (Assistant Secretary) $0 $424,165 $33,792

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,190,721
Expenses
$17,450,158
Net Income
-$8,259,437
Net Assets
-$49,002,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,181
0.3%
Program Services $9,166,540
99.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $7,727,282
44.3%
Assets/Debt
Total Assets $1,090,700
Total Liabilities $50,092,748
Net Assets -$49,002,048
Compensation
Key Employees and Officers Compensation Related Other
Sharad Sharma Md (Physician) $558,577 $0 $0
Mohamed Vadva Md (Physician) $539,800 $0 $0
Wayne Margolis Md (Physician) $340,457 $0 $0
Michael Gillespie Md (Physician) $337,440 $0 $0
Mary Olsen Md (Physician) $199,816 $0 $0
Nathaniel J Alford Jr Md (Director/Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Snehal Doshi (Director/Board Member) $0 $0 $0
Bryan Chandler (Vice President) $0 $305,018 $24,937
Gary Troutman (Treasurer/Cfo) $0 $402,443 $56,441
Justin Doss (President/Ceo) $0 $452,998 $41,513
Linda Moore (Assistant Secretary) $0 $365,303 $35,016
Patrick Shannon (Secretary) $0 $424,373 $24,033
David Parmer (President/Ceo) $0 $607,204 $42,858

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,284,873
Expenses
$14,830,677
Net Income
-$7,545,804
Net Assets
-$40,742,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,284,873
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,835,141
46.1%
Assets/Debt
Total Assets $1,146,914
Total Liabilities $41,889,525
Net Assets -$40,742,611
Compensation
Key Employees and Officers Compensation Related Other
Mohamed Vadva (Physician) $560,068 $0 $16,266
Sharad Sharma Md (Physician) $381,314 $0 $7,389
Wayne Margolis (Physician) $354,105 $0 $19,071
Michael Gillespie (Physician) $308,935 $0 $10,457
Mary Olsen (Physician) $286,608 $0 $8,400
David Parmer (President/Ceo (Until 5/2021)) $0 $815,352 $52,744
Gary Troutman (Treasurer/Cfo) $0 $711,249 $50,001
Patrick Shannon (Secretary) $0 $352,160 $24,368
Linda Moore (Assistant Secretary) $0 $310,485 $32,144
Bryan Chandler (Vice President) $0 $285,773 $0
Snehal Doshi (Director/Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Justin Doss (President/Ceo (Start 4/2021)) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,421,324
Expenses
$12,481,842
Net Income
-$5,060,518
Net Assets
-$33,196,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,388
1.8%
Program Services $7,288,936
98.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,020,836
40.2%
Assets/Debt
Total Assets $827,415
Total Liabilities $34,024,222
Net Assets -$33,196,807
Compensation
Key Employees and Officers Compensation Related Other
Wayne Margolis (Physician) $312,099 $0 $21,778
Michael Gillespie (Physician) $296,811 $0 $16,998
Caralyn Floyd (Physician (Term 12/19)) $293,421 $0 $2,800
Jennifer Weber (Physician) $285,313 $0 $23,525
Mohamed Vadva (Physician) $277,604 $0 $6,092
David Parmer (President/Ceo) $0 $841,623 $51,856
Gary Troutman (Treasurer/Cfo) $0 $374,344 $48,932
Patrick Shannon (Secretary) $0 $344,116 $23,367
Bryan Chandler (Vice President) $0 $269,863 $29,446
Linda Moore (Assistant Secretary) $0 $234,850 $35,125
Nathaniel J Alford Jr Md (Director/Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Snehal Doshi (Dir/Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,523,224
Expenses
$11,517,908
Net Income
-$4,994,684
Net Assets
-$28,136,290
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,523,224
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,374,690
38.0%
Assets/Debt
Total Assets $697,226
Total Liabilities $28,833,516
Net Assets -$28,136,290
Compensation
Key Employees and Officers Compensation Related Other
William Valverde (Physician) $352,747 $0 $25,728
Wayne Margolis (Physician) $341,764 $0 $32,442
Mary Olsen (Physician) $272,554 $0 $1,188
Caralyn Floyd (Physician) $271,602 $0 $33,082
Jennifer Weber (Physician) $230,412 $0 $28,667
Bodo Brauer Md (Dir/Board Member (Term 04/19)) $0 $0 $0
Nathaniel J Alford Jr Md (Director/Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Snehal Doshi (Dir/Board Member (Beg 04/19)) $0 $0 $0
Bryan Chandler (Vice President) $0 $257,325 $23,790
David Parmer (President/Ceo) $0 $771,980 $51,489
Gary Troutman (Treasurer/Cfo) $0 $358,061 $48,926
Linda Moore (Asst Secretary (Beg 09/18)) $0 $191,441 $31,258
Patrick Shannon (Secretary) $0 $334,998 $22,761
David Butler (Asst Secretary (Term 09/18)) $0 $420,755 $32,255

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,605,503
Expenses
$8,986,828
Net Income
-$4,381,325
Net Assets
-$23,141,606
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,605,503
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,585,777
39.9%
Assets/Debt
Total Assets $844,583
Total Liabilities $23,986,189
Net Assets -$23,141,606
Compensation
Key Employees and Officers Compensation Related Other
Ashok Malani (Physician) $472,505 $0 $19,193
William Valverde (Physcian) $367,513 $0 $27,810
Michael Nash (Physician) $330,691 $0 $31,961
Caralyn Floyd (Physician) $284,076 $0 $37,219
Mary Olsen (Physician) $274,456 $0 $0
Bodo Brauer Md (Director Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Patrick Shannon (Secretary) $0 $321,722 $21,812
David Butler (Assistant Secretary) $0 $382,510 $31,287
Bryan Chandler (Vice President) $0 $246,087 $33,238
David Parmer (President/Ceo) $0 $1,113,517 $49,544
Gary Troutman (Treasurer/Cfo) $0 $337,364 $46,707

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,417,632
Expenses
$5,466,377
Net Income
-$3,048,745
Net Assets
-$18,760,281
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,242,632
92.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $175,000
7.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,843,795
70.3%
Assets/Debt
Total Assets $244,809
Total Liabilities $19,005,090
Net Assets -$18,760,281
Compensation
Key Employees and Officers Compensation Related Other
Ashok Malani (Physician) $889,517 $0 $46,441
Jason Mensah (Physician) $288,038 $0 $7,716
Mary Olsen (Physician) $274,000 $0 $7,950
William Valverde (Physcian) $248,704 $0 $13,979
Michael Nash (Physician) $237,879 $0 $15,936
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
Bodo Brauer Md (Director Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Gary Troutman (Treasurer/Cfo) $0 $435,039 $49,937
Patrick Shannon (Secretary) $0 $351,467 $22,097
David Butler (Assistant Secretary) $0 $410,005 $30,226
Bryan Chandler (Vice President) $0 $304,557 $33,201
David Parmer (President/Ceo) $0 $931,203 $49,093

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,581,647
Expenses
$4,259,698
Net Income
-$2,678,051
Net Assets
-$15,711,536
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,581,647
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,229,174
75.8%
Assets/Debt
Total Assets $224,490
Total Liabilities $15,936,026
Net Assets -$15,711,536
Compensation
Key Employees and Officers Compensation Related Other
Ashok Malani (Physician) $847,764 $0 $28,649
Sohail Akbani (Physician) $618,278 $0 $17,014
Mary Olsen (Physician) $274,000 $0 $7,950
Jason Mensah (Physician) $257,616 $0 $6,750
Bodo Brauer Md (Director Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director/Chairman Of Board) $0 $0 $0
David Parmer (President/Ceo) $0 $432,088 $45,390
Gary Troutman (Treasurer/Cfo) $0 $550,913 $38,773
Patrick Shannon (Secretary) $0 $155,348 $7,787
David Butler (Assistant Secretary) $0 $446,457 $31,538
Bryan Chandler (Vice President) $0 $192,198 $28,188

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,228,312
Expenses
$3,720,001
Net Income
-$2,491,689
Net Assets
-$13,033,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,228,312
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,782,109
74.8%
Assets/Debt
Total Assets $95,511
Total Liabilities $13,128,993
Net Assets -$13,033,482
Compensation
Key Employees and Officers Compensation Related Other
Ashok Malani (Physician) $841,549 $0 $6,820
Sohail Akbani (Physician) $559,448 $0 $9,215
Olayinka Ayeni (Physician) $199,890 $0 $16,850
Cristy Sharp (Nurse Practitioner) $130,363 $0 $17,712
Mary Olsen (Physician) $125,385 $0 $0
Bodo Brauer Md (Director Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director Board Member) $0 $0 $0
Bryan Chandler (Vice President) $0 $185,839 $27,336
David Parmer (President) $0 $505,207 $47,023
Gary Troutman (Treasurer) $0 $262,725 $38,780
Gerald Bryant (Secretary) $0 $210,452 $31,488

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,145,732
Expenses
$3,153,003
Net Income
-$2,007,271
Net Assets
-$10,541,793
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,142,682
99.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,050
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,403,612
76.2%
Assets/Debt
Total Assets $66,684
Total Liabilities $10,608,477
Net Assets -$10,541,793
Compensation
Key Employees and Officers Compensation Related Other
Ashok Malani (Physician) $848,647 $0 $13,031
Sohail Akbani (Physician) $501,006 $0 $6,438
Anand B Movva (Physician) $359,227 $0 $0
Lisa M Douget (Physician) $150,244 $0 $13,677
Cristy Sharp (Nurse Practitioner) $123,202 $0 $17,172
Bodo Brauer Md (Director Board Member) $0 $0 $0
Nathaniel J Alford Jr Md (Director Board Member) $0 $0 $0
Sakuntalai Srinanthakumar (Director Board Member) $0 $0 $0
Gary Troutman (Treasurer) $0 $302,610 $40,903
Gerald Bryant (Secretary) $0 $264,018 $34,468
Bryan Chandler (Vice President) $0 $210,322 $26,897
David Parmer (President) $0 $633,202 $52,027

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,607,785
Expenses
$3,784,545
Net Income
-$2,176,760
Net Assets
-$8,534,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,607,785
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,662,940
70.4%
Assets/Debt
Total Assets $164,941
Total Liabilities $8,699,463
Net Assets -$8,534,522

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,027,267
Expenses
$4,291,582
Net Income
-$2,264,315
Net Assets
-$6,357,762
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,027,267
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,877,203
67.0%
Assets/Debt
Total Assets $383,172
Total Liabilities $6,740,934
Net Assets -$6,357,762

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,864,236
Expenses
$3,925,355
Net Income
-$2,061,119
Net Assets
-$4,093,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,864,236
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,509,908
63.9%
Assets/Debt
Total Assets $485,973
Total Liabilities $4,579,420
Net Assets -$4,093,447

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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Types of Nonprofits

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