Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Florida · Not ranked: see note below.

Circles of Care

Stephen Lord, President &. Fiscal year ending 2025-06.

$440,607
CEO total compensation
Form 990 Part VII, columns D+E+F
6.52%
of expenses spent on charity care
Schedule H Part I line 7a
13.5%
CEO pay as a share of all charity care

Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.

§1The filing

Total revenue
$51,790,840
Total expenses
$50,123,736
Net assets
$62,687,934
Employees
668
Hospitals covered
1 facilities across 1 filing
Charity care, net
$3,266,086
Bad debt
Medicare surplus (shortfall), as filed
CEO pay from the organization (Part VII col. D)
$363,433
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$77,174
CEO total compensation (D+E+F)
$440,607 to Stephen Lord

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Circles of Care, EIN 59-1101553, fiscal year ending 2025-06, as published by the IRS. CEO identification: president title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$25.5M Of which charity care to patients who could not pay (line 7a)$3.3M (13%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt () and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Circles of Care: CEO pay $440,607, charity care 6.52% of expenses