Charity Search / BMG FAMILY PHYSICIANS GROUP FOUNDATION INC
Health Care (E30) 990 on File

BMG FAMILY PHYSICIANS GROUP FOUNDATION INC

EIN: 46-1953140 · MEMPHIS, TN 38120-2177 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 62/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$15.4M
Total Revenue
$23.3M
Total Expenses
$-55,789,056
Net Assets
205
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.7%
Fundraising Efficiency N/A
Operating Reserve -28.74x
Liability-to-Asset 846.4%
Revenue Diversification 98.4%
Executive Compensation $2.7M
Compared with Peers
FY 2024
Compared with 2,013 similar organizations (United States, Health Care, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.7% 84.6%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
9.4% 14.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-28.7 mo 6.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
846.4% 35.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.4% 92.5%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
11.8% 7.3%
P10P90
Expense growth
Year over year expense growth
14.1% 7.7%
P10P90
Surplus margin
Surplus as a share of revenue
-51.7% 1.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $15.4M $23.3M $-55,789,056 90.7% 205
2023 $13.7M $20.4M $-47,844,434 90.9% 199
2022 $12.8M $18.4M $-41,151,633 91.1% 202
2021 $14.2M $18.1M N/A — 239
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Organization Details
EIN
46-1953140
State
TN
City
MEMPHIS
ZIP
38120-2177
Classification
E30
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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