Florida Proton Therapy Institute Inc

Organization Overview

Florida Proton Therapy Institute Inc is located in Jacksonville, FL. The organization was established in 2002. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Florida Proton Therapy Institute Inc employed 164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Proton Therapy Institute 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 06/2021, Florida Proton Therapy Institute Inc generated $41.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $39.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE CANCER TREATMENT SERVICES, EDUCATIONAL PROGRAMS, AND TRAINING OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY ACTIVITY OF THE INSTITUTE IS TO PROVIDE PROTON AND CONVENTIONAL RADIATION THERAPY CANCER TREATMENT IN FACILITIES LOCATED IN JACKSONVILLE, FLORIDA.SEE SCHEDULE O FOR ADDITIONAL INFORMATION. SINCE COMMENCING CLINICAL OPERATIONS IN AUGUST OF 2006, THE INSTITUTE HAS CONTINUED TO FOCUS ITS RESOURCES ON FULFILLING ITS TRIPARTITE MISSION OF CLINICAL SERVICE, RESEARCH AND EDUCATION. TO DATE, THE INSTITUTE HAS PROVIDED CANCER TREATMENT SERVICES TO OVER 9,800 PATIENTS. THE CLINICAL PROGRAMS FOCUS ON MULTIPLE DISEASE SITES INCLUDING, BUT NOT LIMITED TO: CANCERS OF THE BRAIN AND CENTRAL NERVOUS SYSTEM, PROSTATE, SOFT TISSUES, EYE, BREAST, LUNG AND PANCREAS. THE INSTITUTE CURRENTLY OPERATES THE WORLD'S LARGEST PEDIATRIC PROGRAM UTILIZING PROTON THERAPY. SUPPLEMENTAL RESOURCES DEDICATED TO THE PEDIATRIC POPULATION INCLUDE: A FULL-TIME PLAY THERAPIST, A PEDIATRIC SOCIAL WORKER AND ART THERAPY STAFF. ALSO, PEDIATRIC PATIENTS ARE PROVIDED VARIOUS EDUCATIONAL AND "FUN" EVENTS SUPPORTED BY: THE LOCAL ZOO, SCIENCE LADY, FIRE DEPARTMENT, ETC.A CORNERSTONE OF THE INSTITUTE'S MISSION INCLUDES CLINICAL RESEARCH. CURRENTLY, THE INSTITUTE HAS A TOTAL OF 31 CLINICAL TRIAL STUDIES THAT HAVE BEEN COMPLETED OR ARE CURRENTLY OPEN FOR PATIENT ACCRUAL. APPROXIMATELY 88% OF THE INSTITUTE'S PATIENTS PARTICIPATE IN ONE OF THE CLINICAL TRIAL PROGRAMS OR OUTCOME STUDIES. LIKEWISE, THE INSTITUTE HAS DEVELOPED MULTIPLE EDUCATIONAL OPPORTUNITIES INCLUDING POST GRADUATE FELLOWSHIP TRAINING PROGRAMS IN PROTON RADIATION, PEDIATRICS AND IN MEDICAL PHYSICS. ALSO, THE INSTITUTE PROVIDES ONSITE TRAINING FOR SEVERAL RADIATION THERAPIST TRAINING PROGRAMS AND CHILD LIFE SPECIALIST SOCIAL WORKER PROGRAMS.AS A CANCER CENTER OF EXCELLENCE AND ACCREDITED RADIATION ONCOLOGY CENTER THROUGH THE AMERICAN COLLEGE OF RADIOLOGY (ACR), THE INSTITUTE CONTINUED TO PROVIDE OPTIMAL PATIENT CARE AND SERVICES. ALSO, THE INSTITUTE CONTINUES TO IMPROVE ITS ART-IN-MEDICINE PROGRAM, YOGA CLASSES, EDUCATIONAL ACTIVITIES, AND SURVIVORSHIP PROGRAM. THESE PROGRAMS ARE AIMED TO INCREASE THE HEALING ENVIRONMENT AND CULTURE CREATED AT THE INSTITUTE. PRIMARILY, THESE PROGRAMS ENHANCE WELLNESS, RELAXATION, PAIN MANAGEMENT, AND DECREASE ANXIETY AND STRESS IN PATIENTS AND CAREGIVERS UNDERGOING CANCER CARE AT THE INSTITUTE. THE PROGRAM HAS BEEN SO SUCCESSFUL THAT 99% OF PATIENTS WOULD DEFINITELY RECOMMEND THE INSTITUTE'S TREATMENT AND SERVICES.AS A HEALTHCARE ORGANIZATION, THE INSTITUTE HAS WORKED TIRELESSLY TO CREATE A CULTURE OF SAFETY FOR PATIENTS, CAREGIVERS AND STAFF TO MINIMIZE COVID TRANSMISSIONS. THIS INCLUDES PROMOTING PHYSICAL DISTANCING WITH A REARRANGED LOBBY, EMPLOYEE WORKSPACES AND PROVIDING TELEWORK OPTIONS TO ITS PATIENTS AND STAFF. THE INSTITUTE HAS PROVIDED ITS FRONTLINE STAFF WITH THE MOST PROTECTIVE PPE POSSIBLE, (INCLUDING SCRUBS, N95 MASK AND EYE PROTECTION) AS WELL AS A DESIGNATED SPECIAL CLINICAL STAFF TEAM TO PROVIDE CARE FOR ANY PATIENT WITH COVID OR SUSPECTED TO HAVE COVID. THIS INCLUDES SYSTEM WIDE PROTOCOLS AND SPECIALIZED TRAINING FOR THE PROPER BUT SAFE CARE OF THE PATIENT AND STAFF MEMBERS. WHILE SOME PATIENT SERVICES HAVE BEEN POSTPONED DURING THE COVID PERIOD, ADDITIONAL CONTACT EFFORTS HAVE BEEN ESTABLISHED TO STAY CONNECTED AND SERVICE PATIENTS. THE INSTITUTE IS RECOGNIZED AS THE WORLD LEADER IN PEDIATRIC PROTON RADIATION THERAPY AND CONTINUALLY PROVIDES TREATMENT TO PATIENTS FROM MANY COUNTRIES AROUND THE WORLD AS WELL AS MANY STATES WITHIN THE USA. THE ADULT PROGRAMS ARE EQUALLY RECOGNIZED FOR THE TREATMENT OPTIONS AND CONTINUED CANCER RESEARCH. CURRENTLY, THE INSTITUTE IS COLLECTING DATA ON RESEARCH STUDIES, EITHER FOR ITS OWN MISSION OR PARTICIPATING WITH OTHER NOTED MEDICAL INSTITUTIONS, SUCH AS ST. JUDE'S CHILDREN'S HOSPITAL, MASSACHUSETTS GENERAL HOSPITAL, ETC. IN FISCAL YEAR 2021 THE INSTITUTE'S PROFESSIONAL STAFF PUBLISHED 50 STUDIES IN MAJOR MEDICAL PUBLICATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rc Billing
Billing Services
$899,566
Iba Proton Therapy Inc
Equipment Maintenance
$5,937,749
Uf Department Of Radiation Oncology
Staffing Provider
$7,183,446
Gilbane Building Company
Construction Services
$842,501
Shepherd
Advertising Services
$841,681
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,386,145
All other contributions, gifts, grants, and similar amounts not included above$707,327
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,093,472
Total Program Service Revenue$36,585,578
Investment income $425,518
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,553
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $41,049,374

Grants Awarded

Over the last fiscal year, Florida Proton Therapy Institute Inc has awarded $10,500 in support to 2 organizations.

Grant RecipientAmount

RONALD MCDONALD HOUSE CHARITIES OF NORTH CENTRAL FLORIDA INC

Org PageRecipient Profile

Gainesville, FL

PURPOSE: FUNDRAISER PARTICIPATION

$5,500

SOUTHEASTERN HEALTHCARE FOUNDATION

Org PageRecipient Profile

Gainesville, FL

PURPOSE: VARIOUS DONATIONS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Florida Proton Therapy Institute Inc has recieved totaling $7,000.

Awarding OrganizationAmount
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$7,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$800,082
Net Contributions$201,675
Ending Balance$1,001,757

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