Childrens Healthcare Of California
- Assets
- $509.1m
- Revenue
- $34.2m
- Investments
- $7.7m
- Employees
- 5
- Location
- Orange, CA
- Founding
- 08/1988
- Data as of
- 06/2021
- EIN
- 33-0265266
Organization Overview
Childrens Healthcare Of California is located in Orange, CA. The organization was established in 1988. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2021, Childrens Healthcare Of California employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Healthcare Of California is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Childrens Healthcare Of California generated $34.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $7.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE RECEIPT OF DISTRIBUTIONS AND GRANTS TO MAKE DISTRIBUTIONS AND GRANTS TO CHILDREN'S HOSPITAL OF ORANGE COUNTY AND TO AFFILIATED EXEMPT ORGS FOR FURTHERANCE OF THEIR OBJECTIVES.
Describe the Organization's Program Activity:
CHILDREN'S HEALTHCARE OF CALIFORNIA (CHC) SUPPORTS THE MISSION OF CHILDREN'S HOSPITAL OF ORANGE COUNTY (CHOC) AND CHILDREN'S HOSPITAL AT MISSION (CCMH). CHOC AND CCMH PROVIDE PEDIATRIC SERVICES TO CHILDREN IN ORANGE COUNTY AND ITS SURROUNDING AREA. THE ACTIVITIES OF CHC HELP TO OFFSET SERVICES TO INDIGENT FAMILIES AND PROVIDE CURRENT STATE OF THE ART MEDICAL EQUIPMENT AND FACILITIES. DURING THE YEAR, THERE WERE 68,189 DAYS OF INPATIENT CARE; 67,306 EMERGENCY ROOM VISITS(INCLUDING PEDIATRIC TRAUMA VISITS); 11,948 SURGERIES AND 309,299 CLINIC VISITS PROVIDED BY CHOC AND CCMH. OUR CALIFORNIA MEDICAL FOUNDATION PROVIDED 420,613 PEDIATRIC SUBSPECIALTY SERVICE ENCOUNTERS, AS WELL AS 239,310 PRIMARY CARE VISITS TO PATIENTS THROUGHOUT ORANGE COUNTY AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly C Cripe President & CEO | OfficerTrustee | 4 | $1,794,655 |
Matthew Gerlach Evp/coo (to 12/20) | Officer | 0.5 | $922,583 |
Kerri Ruppert Schiller Evp/cfo/assistant Secretary | Officer | 9 | $903,062 |
Shahab Dadjou Svp/chief Strategy Officer | Officer | 3 | $888,117 |
Jay Gabriel Chief Legal Officer/secretary | Officer | 4 | $692,908 |
Paul Van Dolah Interim Evp/coo (from 12/20) | Officer | 0.5 | $88,116 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kpmg Llp Accounting Fees | 6/29/19 | $591,740 |
Rady Childrens Hospital Consulting | 6/29/19 | $102,019 |
Drinker Biddle Reath Llp Legal Fees | 6/29/19 | $139,724 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $16,475,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,475,000 |
| Total Program Service Revenue | $1,599,996 |
| Investment income | $16,163,829 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$62,896 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,175,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,417,860 |
| Compensation of current officers, directors, key employees. | $170,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $32,666 |
| Other employee benefits | $235,724 |
| Payroll taxes | $107,027 |
| Fees for services: Management | $392,100 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $580,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $771,156 |
| Fees for services: Other | $1,645,014 |
| Advertising and promotion | $0 |
| Office expenses | $9,499 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,189 |
| Insurance | $338,028 |
| All other expenses | $0 |
| Total functional expenses | $7,760,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,510,995 |
| Savings and temporary cash investments | $485,291,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $349,262 |
| Net Land, buildings, and equipment | $101,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,680,807 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,223 |
| Total assets | $509,065,328 |
| Accounts payable and accrued expenses | $1,689,444 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $262,330 |
| Total liabilities | $1,951,774 |
| Net assets without donor restrictions | $507,113,554 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $509,065,328 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Healthcare Of California has recieved totaling $800.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Health Trust San Jose, CA | $121,710,824 | $27,941,301 |
Valley Childrens Healthcare Foundation Madera, CA | $40,273,327 | $13,248,839 |
Childrens Healthcare Of California Orange, CA | $509,065,328 | $34,175,929 |
Healthcare Transitional Funding Corp Glendale, AZ | $463,333 | $25,480 |
Community Clinics Health Network San Diego, CA | $1,366,120 | $5,859,898 |
Health First Foundation-Northern Arizona Flagstaff, AZ | $53,020,022 | $5,292,258 |
Legacy Health Endowment Turlock, CA | $0 | $3,113,073 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Beyond Type1 San Mateo, CA | $30,549,065 | $31,598,966 |
Dignity Health Foundation San Francisco, CA | $14,808,045 | $3,116,398 |
1800 Harrison Foundation Oakland, CA | $99,963,163 | $3,526,957 |
Sutter Roseville Medical Center Foundation Sacramento, CA | $6,503,666 | $2,319,842 |