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Bmg Family Physicians Group Foundation

Memphis, TN · EIN 46-1953140 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Bmg Family Physicians Group Foundation reported $15.0 million in revenue and $23.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $90.55 went to program services, $9.45 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $1,760,131 (SECRETARY). 23 people received more than $100,000 in reportable compensation. Revenue rose 23% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $23M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $15M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
9.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,760,131$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.53%1.34%
People paid over $100,000
Part VII, line 2
2327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-32.96.6
Independent voting board members
Part VI 1a–1b
0 of 988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$21M expenses · 100.0% of program spending · revenue $15M

Bmg Family Physicians Group Foundation, inc. Provides quality medical health care regardless of race, creed, sex, national origin, handicap, or age. Patients of every race, creed and socioeconomic group come to the practice from several states with most of its patients from the metro memphis area, eastern arkansas and northern mississippi. Although reimbursement for services rendered is critical to the operation and stability of Bmg Family Physicians Group Foundation, inc., it is recognized that not all individuals possess the ability to purchase essential medical services, and further, that…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SECRETARY
Officer, 0.04 hrs/week
$0$1,667,844$92,287$1,760,131
DIRECTOR
Director/trustee, 0.04 hrs/week
$0$1,674,623$85,263$1,759,886
FORMER CFO
Former, 0.00 hrs/week
$0$1,130,258$85,861$1,216,119
DIRECTOR
Director/trustee, 0.04 hrs/week
$0$534,587$86,505$621,092
DIRECTOR/PHYSICIAN
Director/trustee, 40.00 hrs/week
$609,096$0$0$609,096
DIRECTOR/PHYSICIAN
Director/trustee, 40.00 hrs/week
$533,461$0$0$533,461
DIRECTOR/PHYSICIAN
Director/trustee, 40.00 hrs/week
$512,012$0$0$512,012
CFO (AS OF 06/25)
Officer, 0.50 hrs/week
$0$412,511$63,217$475,728

23 people received more than $100,000 in reportable compensation from Bmg Family Physicians Group Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.0M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$15M$23M90.5%−$64M$1,760,131
FY2024 ⓘ$15M$23M90.6%−$56M$1,346,501
FY2023 ⓘ$14M$20M90.9%−$48M$1,495,416
FY2022 ⓘ$13M$18M91.1%−$41M$2,091,425
FY2021 ⓘ$14M$18M90.8%−$36M$1,906,063
FY2020 ⓘ$12M$17M91.0%−$32M$1,331,310

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5198

Correct a figure or respond

Every number above is copied from Bmg Family Physicians Group Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bmg Family Physicians Group Foundation, you can publish a response that is linked from this page.

Questions people ask

How much of Bmg Family Physicians Group Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, Bmg Family Physicians Group Foundation reported that 90.5% of its $23.4 million in expenses went to program services, 9.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Bmg Family Physicians Group Foundation pay its top executive?

The largest total compensation Bmg Family Physicians Group Foundation reported for one person in the fiscal year ending September 30, 2025 was $1,760,131, for the role of SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bmg Family Physicians Group Foundation get its money?

Of $15.0 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).

Is Bmg Family Physicians Group Foundation a registered charity?

The IRS lists EIN 46-1953140 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622269349300207 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349300705 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349304201 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349302213 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202269349300015 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142259349301249 · read the filing

All filings for EIN 46-1953140: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.