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Florida · Nonprofit

MARINERS HOSPITAL INC

MARINERS HOSPITAL INC (Florida) receives grants from 6 organizations whose IRS filings report $147,500 to it, the largest being L & N ANDREAS FOUNDATION ($72,000). 3 of them have funded it in more than one year.

Revenue FY2025
$117M
Funders on record
6
Grants received
$148k
Net assets
$41M
3/6 repeat funderspeak grant-dependency 0%
01What it does

What Mariners Hospital Inc does

Mission

As part of the baptist health network, the mission of Mariners Hospital Inc is to improve the health and well-being of individuals, and to promote the sanctity and preservation of life, in the communities we serve. Baptist health is a faith-based organization guided by the spirit of jesus christ and the judeo-christian ethic. We are committed to maintaining the highest standards of clinical and service excellence, enhanced through teaching, research and innovation, and rooted in the utmost integrity and moral practice. Consistent with its spiritual foundation, baptist health is dedicated to providing high-quality, cost-effective, compassionate healthcare services to all, regardless of religion, creed, race or national origin, including, as permitted by its resources, charity care to those in need.

As stated on its FY2025 Form 990.

Program

  1. Consistent with its spiritual foundation, baptist health is dedicated to providing high-quality, cost-effective, and compassionate healthcare services to all individuals, including, as permitted by available resources, charity care to those in need. During the fiscal year ended september 30, 2025, baptist health provided patient services throughout the south florida area, including 106,815 adult admissions, 538,843 patient days, and 544,300 emergency room visits. During the same time period, urgent care visits totaled 362,851, outpatient surgery cases totaled 135,276, and total outpatient visits were 2,232,662 system-wide. As of september 30, 2025, the system boasted 2,894 licensed inpatient beds, including 2,709 acute care beds. Overall, in fy2025, baptist health provided more than $576,000,000 in community benefit. This included charity care valued at $220,358,061 and $251,245,659 in medical shortfall. The estimated cost of providing charity care and medical shortfall is based on recent historical cost-to-charge ratios for charity patients and medicaid patients derived from bhsf's cost accounting system and applied to the current period gross uncompensated charges associated…

    $87,585,318 spentof which $5,000 as grants$114,122,448 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $87,585,318.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($85M) Expenses 100 ($72M) Net assets 100 ($15M)2018 Revenue 102 ($87M) Expenses 105 ($76M) Net assets 119 ($18M)2019 Revenue 109 ($93M) Expenses 105 ($76M) Net assets 131 ($20M)2020 Revenue 109 ($93M) Expenses 109 ($79M) Net assets 114 ($17M)2021 Revenue 133 ($113M) Expenses 117 ($85M) Net assets 154 ($23M)2022 Revenue 115 ($98M) Expenses 116 ($84M) Net assets 180 ($28M)2023 Revenue 123 ($105M) Expenses 118 ($85M) Net assets 213 ($33M)2024 Revenue 141 ($120M) Expenses 138 ($100M) Net assets 236 ($36M)2025 Revenue 137 ($117M) Expenses 139 ($100M) Net assets 267 ($41M)
'17'18'19'20'21'22'23'24'25
Revenue (137)Expenses (139)Net assets (267)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $56M to $62M (+11%).

$41M
$40M
$42M
$47M
$48M
$51M
$56M
$62M
$62M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 0% · 2020 1% · 2021 2% · 2022 1%. Grants only. Government contracts and fees sit inside program revenue.

2% of MARINERS HOSPITAL INC’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$13M
’17
$11M
’18
$17M
’19
$15M
’20
$28M
’21
$15M
’22
$20M
’23
$20M
’24
$17M
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Drew A Grossman

CEO

Board chair

Jay A Hershoff Esq

Chairman

As listed on its FY2025 Form 990.

2017201820242025
Listed21212020
Joined·+3·+5
No longer listed·3·5
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $12k → $50k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6.5M from one payer (the payer shares this organization's board, largest Baptist Health South Florida Foundation Inc). These are real filings, and they are not money MARINERS HOSPITAL INC raised.

From the IRS filings of MARINERS HOSPITAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MARINERS HOSPITAL INC leans on a few funders — its largest provides 49% of grant income and the top three 95%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MARINERS HOSPITAL INC.

49%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 87% · 2018 95% · 2019 95% · 2020 57% · 2021 95% · 2022 67% · 2023 80% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MARINERS HOSPITAL INC draws 100% of its grant income from funders outside Florida, across 4 states in all.

MN
MI
CT
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $68k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MARINERS HOSPITAL INC runs a healthier operating margin than three-quarters of the 1,241 health nonprofits its size.

Operating margin14% · top quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding MARINERS HOSPITAL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $284k on record.

State$284k
19
20
21
22
23
24
25
Top programs
  • BENEFITS/CLAIMS-VENDOR-WORKER'S COMP MEDICAL PAY$210k
  • BENEFITS/CLAIMS - VENDOR - GENERAL $41k
  • REFUNDS - GENERAL $24k
  • CARE/SUBSISTENCE - MEDICAL - VENDOR - GENERAL $9k
  • FEES - GENERAL - COMMODITIES $80

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MARINERS HOSPITAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

11
board members
91%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 39 related entities

  • Baptist Health South Florida Inc · exempt
  • Baptist Hospital of Miami Inc · exempt
  • South Miami Hospital Inc · exempt
  • Homestead Hospital Inc · exempt
  • Mariners Hospital Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MARINERS HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MARINERS HOSPITAL INC?
MARINERS HOSPITAL INC (Florida) receives grants from 6 organizations whose IRS filings report $147,500 to it, the largest being L & N ANDREAS FOUNDATION ($72,000). 3 of them have funded it in more than one year.
How many funders does MARINERS HOSPITAL INC have?
IRS filings report 6 organizations giving $147,500 in grants to MARINERS HOSPITAL INC, 3 of which have funded it in more than one year.
Who is the largest funder of MARINERS HOSPITAL INC?
L & N ANDREAS FOUNDATION is the largest funder on record, with $72,000 in grants. The full list of funders is on this page.
How can an organization like MARINERS HOSPITAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mariners Hospital →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing