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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy P Mendenhall MD Trustee/medical Director | OfficerTrustee | 40 | $662,626 |
Stuart Klein Executive Director | Officer | 40 | $427,773 |
Kevin Kirby Director Of Clinical Dosim | Officer | 40 | $187,338 |
Trevor Fleming Director Of Technical Serv | Officer | 40 | $179,747 |
Debbie Louis Director Of Dosimetrist Re | Officer | 40 | $169,244 |
Emma Viviers Treatment Planning Physici | 40 | $157,162 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rc Billing Billing Services | 6/29/21 | $899,566 |
Iba Proton Therapy Inc Equipment Maintenance | 6/29/21 | $5,937,749 |
Uf Department Of Radiation Oncology Staffing Provider | 6/29/21 | $7,183,446 |
Gilbane Building Company Construction Services | 6/29/21 | $842,501 |
Shepherd Advertising Services | 6/29/21 | $841,681 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,050 |
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. | $963,240 |
Compensation of current officers, directors, key employees. | $75,701 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,231,415 |
Pension plan accruals and contributions | $184,106 |
Other employee benefits | $1,191,559 |
Payroll taxes | $639,665 |
Fees for services: Management | $0 |
Fees for services: Legal | $165,362 |
Fees for services: Accounting | $48,471 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,724,348 |
Advertising and promotion | $929,667 |
Office expenses | $295,356 |
Information technology | $300,345 |
Royalties | $0 |
Occupancy | $9,091,367 |
Travel | $8,111 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,216 |
Interest | $1,705,207 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,701,563 |
Insurance | $499,062 |
All other expenses | $0 |
Total functional expenses | $39,922,626 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,339,288 |
Savings and temporary cash investments | $4,169,936 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,907,477 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,702,259 |
Net Land, buildings, and equipment | $66,302,624 |
Investments—publicly traded securities | $4,661,285 |
Investments—other securities | $35,050,860 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,313,491 |
Total assets | $150,447,220 |
Accounts payable and accrued expenses | $2,849,939 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $64,587,196 |
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 | $2,704,000 |
Total liabilities | $70,141,135 |
Net assets without donor restrictions | $79,190,176 |
Net assets with donor restrictions | $1,115,909 |
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 | $0 |
Total liabilities and net assets/fund balances | $150,447,220 |
Over the last fiscal year, Florida Proton Therapy Institute Inc has awarded $10,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Gainesville, FL PURPOSE: FUNDRAISER PARTICIPATION | $5,500 |
Gainesville, FL PURPOSE: VARIOUS DONATIONS | $5,000 |
Over the last fiscal year, we have identified 1 grants that Florida Proton Therapy Institute Inc has recieved totaling $7,000.
Awarding Organization | Amount |
---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $7,000 |
Beg. Balance | $800,082 |
Net Contributions | $201,675 |
Ending Balance | $1,001,757 |
Organization Name | Assets | Revenue |
---|---|---|
Brooks Rehabilitation Hospital Jacksonville, FL | $156,540,953 | $127,892,982 |
The Shriners Hospital For Children Tampa, FL | $587,730,249 | $83,244,690 |
Lifestream Behavioral Center Inc Leesburg, FL | $60,011,568 | $62,613,825 |
Florida Proton Therapy Institute Inc Jacksonville, FL | $150,447,220 | $41,049,374 |
Baycare Alliant Hospital Inc Dunedin, FL | $10,505,745 | $19,943,014 |
Southern Crescent Hospital For Specialty Care Inc Riverdale, GA | $4,410,694 | $7,739,688 |
Florida Elks Childrens Therapy Services Inc Umatilla, FL | $461,628 | $3,806,118 |
Georgia Mountains Hospice Inc Jasper, GA | $1,571,072 | $2,350,267 |
Childrens Cancer Center Inc Tampa, FL | $3,487,210 | $2,609,619 |
Mobile Infirmary Auxiliary Inc Mobile, AL | $1,268,349 | $247,623 |
Coosa Valley Seniors Housing Inc Birmingham, AL | $914,681 | $233,799 |
Variety-The Childrens Charity Of Florida Inc Orlando, FL | $67,965 | $0 |