2020-05-07T15:11:56-05:00 2019-12-31 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2019-01-01 550821471 THE MULTIPLE SCLEROSIS CENTER OF GA INC MULT 4043510205 3200 DOWNWOOD CIRCLE NW NO 550 ATLANTA GA 303271624 DR WILLIAM H STUART CHAIRMAN 4043510205 2020-04-21 1 STANLEY M SMITH II P00319916 7703948000 2020-04-21 73.106.227.166 2020-04-21 15:45:07 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3C8CBDCFDE4E5E615134D7F5E5C84349217AA5BA 2019 2020-11-06 18:47:13Z DR WILLIAM H STUART 3200 DOWNWOOD CIRCLE NW NO 550 ATLANTA GA 303271624 16236934 0 X WWW.MSCATL.ORG X 2002 GA TO OPERATE HEALTH CARE CLINICS AND FACILITIES THAT PROVIDE MEDICAL TREATMENT AND HEALTH CARE SERVICES FOR INDIVIDUALS WITH MULTIPLE SCLEROSIS. 12 10 55 52 0 0 597890 2234184 29233291 12370240 906 896410 -56458 -43321 29775629 15457513 0 0 0 0 5298522 4882791 0 0 0 25806330 8590428 31104852 13473219 -1329223 1984294 5850970 6372818 3959591 2497145 1891379 3875673 X THE MULTIPLE SCLEROSIS CENTER OF GEORGIA IS A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION PROVIDING COMPREHENSIVE HEALTH CARE SERVICES FOR PEOPLE LIVING WITH MULTIPLE SCLEROSIS. THE ORGANIZATION PROVIDES PATIENTS AND THEIR FAMILIES WITH ACCESS TO THE LATEST IN RESEARCH, EDUCATION, AND TREATMENT OPTIONS. IN ADDITION TO MEDICAL AND PHARMACEUTICAL CARE, THE CENTER OFFERS PATIENTS AND FAMILIES ACCESS TO PEER-SUPPORT, SELF-HELP GROUPS, VOLUNTEER VISITOR NETWORK, AND PATIENT SUPPORT SERVICES. 1 1 12110711 12031624 TO OPERATE HEALTH CARE CLINICS AND FACILITIES THAT PROVIDE MEDICAL TREATMENT AND HEALTH CARE SERVICES FOR INDIVIDUALS WITH MULTIPLE SCLEROSIS ("MS") AND RELATED DISEASES. 539112 345391 TO CONDUCT RESEARCH OF MS AND RELATED DISEASES. THE CENTER DESIGNS AND IMPLEMENTS VARIOUS STUDIES OF MS PATIENTS THAT PLACE SPECIAL EMPHASIS ON PHARMACOLOGICAL SURVEILLANCE. 12649823 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 31 0 1 55 1 0 0 0 0 0 0 0 0 0 0 X 12 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 GA X X TAMARA SMITH 4043510205 3200 DOWNWOOD CIRCLE SUITE 550 ATLANTA GA 30327 WILLIAM H STUART MD CHAIRMAN/MEDICAL DIRECTOR 40.00 X X 673072 0 9315 R TERRY SMITH CEO 40.00 X X 231748 0 14296 JOHN F MCMULLAN CPA VICE CHAIRMAN 1.00 X X 0 0 0 JENNIFER A BAKER DIRECTOR 1.00 X 0 0 0 BRUCE A CASSIDY MD DIRECTOR 1.00 X 0 0 0 JOHN R DECKER DIRECTOR 1.00 X 0 0 0 W HOWARD HUDSON MD DIRECTOR 1.00 X 0 0 0 JAMES H LOKEY JR DIRECTOR 1.00 X 0 0 0 STACEY SIMONE BRONNER DIRECTOR 1.00 X 0 0 0 PAULA SMITH DIRECTOR 1.00 X 0 0 0 KIM SCOULLER DIRECTOR 1.00 X 0 0 0 H TATE JONES DIRECTOR 1.00 X 0 0 0 DOUGLAS S STUART MD NEUROLOGIST 40.00 X 384109 0 20569 JOASH LAZARUS MD NEUROLOGIST 40.00 X 352838 0 19336 TODD BURRUSS MRI DEPT. HEAD 40.00 X 133109 0 14147 NANCY ROSS PHARMACY MANAGER 40.00 X 129992 0 15233 NANCY FLOCKHART DIRECTOR CLINICAL RESEARCH 40.00 X 117708 0 14165 2022576 0 107061 11 0 1 0 PEACHTREE NEUROLOGICAL CLINIC 95 COLLIER RD NW SUITE 4045 ATLANTA GA 30309 PHYSICIAN SERVICES 697967 DOWNWOOD OFFICE PARTNERS LLC 2639 HOWELL MILL RD ATLANTA GA 30327 RENT 391234 PARKER HUDSON RAINER AND DOBBS LLP 303 PEACHTREE ST NE SUITE 3600 ATLANTA GA 30308 LEGAL SERVICES 184098 3 107000 2127184 2234184 PHARMACY SALES 900099 4595232 4595232 MS PATIENT CARE 621300 4148583 4148583 INFUSION THERAPY MANAGEMENT 900099 3281034 3281034 RESEARCH 900099 345391 345391 12370240 844 844 1600000 704434 895566 895566 895566 24891 107000 74987 -50096 -50096 MEDICARE PROGRAM INCENTIVE 900099 6562 6562 OTHER INCOME 900099 213 213 6775 15457513 12377015 0 846314 2129639 2074796 54843 2393944 2332295 61649 104845 83013 21832 254363 247813 6550 941996 758335 183661 49026 38817 10209 196987 155968 41019 163733 152448 11285 18116 12800 5316 110010 82507 27503 331346 298291 33055 387675 293048 94627 COST OF PRESCRIPTION SA 5086051 5086051 GENERAL AND ADMINISTRAT 968450 766786 201664 SUPPLIES 337038 266855 70183 13473219 12649823 823396 0 88050 81092 405825 983879 810000 1141384 984009 74923 10536 118983 111946 6355846 2964490 3504380 3391356 517425 0 5850970 6372818 1288430 721670 2671161 1775475 3959591 2497145 X 1876788 3040452 14591 835221 1891379 3875673 5850970 6372818 1984294 0 X X 0 1 X 1 0 X 491011 522357 708313 327890 369075 2418646 6001285 6358735 34444136 29233291 14260240 90297687 6492296 6881092 35152449 29561181 14629315 92716333 10000 265250 16000 8000 14000 313250 0 10000 265250 16000 8000 14000 313250 92403083 2084 790 870 906 844 5494 2084 790 870 906 844 5494 89091 15376 17381 7043 6775 135666 6583471 6897258 35170700 29569130 14636934 92857493 0.99510 0.99370 0.00010 0.00030 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CASH DATE: 10/28/19 AMOUNT: 1890000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2650000 203846 2446154 1987911 1784860 203051 1717935 975784 742151 3391356 X 15532500 74987 74987 15457513 0 15457513 13548206 74987 74987 13473219 0 13473219 PART X, LINE 2: MS CENTER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2019, MS CENTER DID NOT HAVE ANY INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. MS-RX IS A LIMITED LIABILITY COMPANY WITH A NON-PROFIT ORGANIZATION AS THE SOLE MEMBER. ACCORDINGLY, MS-RX IS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES (ASC 740), REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN INCOME TAX POSITIONS. ONLY TAX POSITIONS THAT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD ARE RECOGNIZED IN ACCORDANCE WITH ASC 740. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY MATERIAL UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 74,987. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 74,987. GOLF TOURNAMENT 94716 75000 19716 43184 MS FESTIVAL 37175 32000 5175 31803 131891 107000 24891 74987 74987 -50096 X X X X 0 0 0 0 0 0 0 0 0 WILLIAM H STUART MD CHAIRMAN/MEDICAL DIRECTOR 673072 0 0 0 0 0 0 0 9315 0 682387 0 0 0 R TERRY SMITH CEO 231748 0 0 0 0 0 9661 0 4635 0 246044 0 0 0 DOUGLAS S STUART MD NEUROLOGIST 384109 0 0 0 0 0 11200 0 9369 0 404678 0 0 0 JOASH LAZARUS MD NEUROLOGIST 352838 0 0 0 0 0 9967 0 9369 0 372174 0 0 0 DOWNWOOD OFFICE PARTNERS LLC OWNED BY MS CENTER BOARD MEMBERS 391234 RENTAL OF OFFICE SPACE 0 PEACHTREE NEUROLOGICAL CLINIC (PNC) THE MS CENTER DIRECTOR OF RESEARCH IS ONE OF SIX PHYSICIAN PARTNERS IN PNC 116277 EQUIPMENT & FACILITY LEASE 0 PEACHTREE NEUROLOGICAL CLINIC (PNC) THE MS CENTER DIRECTOR OF RESEARCH IS ONE OF SIX PHYSICIAN PARTNERS IN PNC 77500 CALL COVERAGE 0 PEACHTREE NEUROLOGICAL CLINIC (PNC) THE MS CENTER DIRECTOR OF RESEARCH IS ONE OF SIX PHYSICIAN PARTNERS IN PNC 538757 PHYSICIAN & MRI TECH SERVICES 0 PEACHTREE NEUROLOGICAL CLINIC (PNC) THE MS CENTER DIRECTOR OF RESEARCH IS ONE OF SIX PHYSICIAN PARTNERS IN PNC 5585 RESEARCH 0 PEACHTREE NEUROLOGICAL CLINIC (PNC) THE MS CENTER DIRECTOR OF RESEARCH IS ONE OF SIX PHYSICIAN PARTNERS IN PNC 75000 TELENEUROLOGY 0 FORM 990, PART III, LINE 2 THE MULTIPLE SCLEROSIS CENTER OF GEORGIA CREATED A NEW PATIENT PROGRAM TO INCREASE THE AWARENESS AND KNOWLEDGE OF THOSE NEWLY DIAGNOSED WITH MULTIPLE SCLEROSIS. FORM 990, PART III, LINE 3 EFFECTIVE MARCH 29, 2019, THE MS CENTER COMPLETED THE SALE OF MS-RX TO AN UNRELATED THIRD PARTY FOR A NET PURCHASE PRICE OF $1,415,000. THE SALE TRANSACTION RESULTED IN A GAIN OF APPROXIMATELY $897,000. THE OPERATING CASH FLOWS OF THE DISCONTINUED OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2019 WERE APPROXIMATELY $97,000. THERE WERE NO SIGNIFICANT INVESTING OR FINANCING CASH FLOWS OTHER THAN THE PROCEEDS ON THE SALE OF THE COMPONENT. FORM 990, PART VI, SECTION A, LINE 2 THE MS CENTER OF GEORGIA RENTS TWO SUITES FROM CORPORATIONS IN WHICH DR. WILLIAM STUART, DR. DOUGLAS STUART, AND DR. JEFFREY ENGLISH ARE OFFICERS. ALSO, THE MS CENTER HAS CLINICAL SERVICES AND MRI IMAGING SERVICES AGREEMENTS WITH PEACHTREE NEUROLOGICAL CLINIC, IN WHICH DR. JEFFREY ENGLISH IS A PARTNER. THE MS CENTER OF GEORGIA LEASES SPACE FOR CLINICAL AND MRI OPERATIONS TO PEACHTREE NEUROLOGICAL CLINIC. DR. WILLIAM H. STUART, CHAIRMAN OF THE BOARD ALSO SERVES AS THE MEDICAL DIRECTOR AND FATHER OF PHYSICIAN DOUGLAS STUART, MD. FORM 990, PART VI, SECTION B, LINE 11B AT THE COMPLETION OF THE ANNUAL OUTSIDE AUDIT, EACH DIRECTOR IS PROVIDED WITH A COPY OF THE AUDITED, YEAR-END FINANCIALS AND THE FIRST DRAFT OF THE QUESTIONNAIRE USED TO COMPLETE THE FORM 990. AFTER REVIEW BY EACH DIRECTOR, EACH DIRECTOR IS PROVIDED WITH THE FINAL COPY OF THE FORM 990 TAX RETURN TO REVIEW AND AUTHORIZE FOR RELEASE. FORM 990, PART VI, SECTION B, LINE 12C BOARD DIRECTORS ARE REQUIRED TO DECLARE ANY CONFLICT OF INTEREST PRIOR TO THE COMMENCEMENT OF ANY BOARD MEETING. BOARD APPROVAL IS REQUIRED TO EXECUTE TRANSACTIONS WITH RELATED PARTIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE MEDICAL DIRECTOR AND CEO IS REVIEWED, DISCUSSED, AND AUTHORIZED ANNUALLY BY THE VOTING MEMBERS OF THE BOARD OF DIRECTORS. SALARIES ARE COMPARED USING PUBLIC INFORMATION AVAILABLE FROM OTHER HEALTHCARE SETTINGS THAT ARE NOT-FOR-PROFIT AND THROUGH FOR-FEE REPORTS THAT PROVIDE INDUSTRY STANDARDS FOR SIMILIAR POSITIONS. DURING THE COMPENSATION REVIEW PROCESS, ANY MEMBER OF MANAGEMENT UNDER REVIEW WILL RECUSE HIMSELF FROM THE BOARD MEETING. OTHER KEY EMPLOYEES HAVE ANNUAL PERFORMANCE AND COMPENSATION REVIEWS CONDUCTED JOINTLY BY THE MEDICAL DIRECTOR, CEO, AND PRACTICE ADMINISTRATOR. PHYSICIAN COMPENSATION WAS COMPLETED BY AN INDEPENDENT ORGANIZATION, IN WHICH DOCUMENTATION IS AVAILABLE. FORM 990, PART VI, SECTION C, LINE 18 COPIES OF THE ORGANIZATION'S FORMS 990 ARE AVAILABLE UPON REQUEST EITHER IN PERSON OR BY MAIL. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MS-RX LLC 3200 DOWNWOOD CIRCLE NW STE 550 ATLANTA GA 30327 465103263 PROVIDING PHARMACEUTICAL RESOURCES TO PATIENTS OF THE MS CENTER GA 4595407 0 THE MULTIPLE SCLEROSIS CENTER OF GA INC DOWNWOOD OFFICE PARTNERS LLC 3200 DOWNWOOD CIRCLE NW STE 550 ATLANTA GA 30327 251923418 REAL ESTATE RENTAL GA N/A PEACHTREE NEUROLOGICAL CLINIC 3200 DOWNWOOD CIRCLE NW STE 550 ATLANTA GA 30327 582139816 MEDICAL SERVICES GA N/A 0 0 1 1 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 PEACHTREE NEUROLOGICAL CLINIC J 115152 FMV PEACHTREE NEUROLOGICAL CLINIC O 692382 FMV DOWNWOOD OFFICE PARTNERS K 391234 FMV PEACHTREE NEUROLOGICAL CLINIC M 5585 FMV