Miami Childrens Health System Inc

Organization Overview

Miami Childrens Health System Inc, operating under the name Nicklaus Childrens Health System, is located in Miami, FL. The organization was established in 2013. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Nicklaus Childrens Health System employed 443 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicklaus Childrens Health System 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 12/2021, Nicklaus Childrens Health System generated $241.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $265.4m during the year ending 12/2021. While expenses have increased by 17.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NICKLAUS CHILDREN'S HOSPITAL AND ITS AFFILIATED ENTITIES.

Describe the Organization's Program Activity:

A NOT-FOR-PROFIT CORPORATION CREATED IN 2011 WHICH IS THE PARENT COMPANY FOR VARIETY CHILDREN'S HOSPITAL (DBA NICKLAUS CHILDREN'S HOSPITAL), VARIETY CHILDREN'S HOSPITAL D/B/A NICKLAUS CHILDREN'S HOSPITAL PROVIDES SPECIALIZED PEDIATRIC HEALTHCARE TO CHILDREN. (CONTINUED ON SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ensemble Health Partners
Professional Services
$16,628,897
Cerner Corporation
Software License/maintenance
$14,950,618
Anthony Baradat And Associates
Marketing
$3,622,993
Rise Interactive
Marketing
$1,812,199
Microsoft Corporation
Software License/maintenance
$1,870,913
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$14,718
Membership dues$0
Fundraising events$1,907,082
Related organizations$0
Government grants $655,715
All other contributions, gifts, grants, and similar amounts not included above$27,241,344
Noncash contributions included in lines 1a–1f $2,181,627
Total Revenue from Contributions, Gifts, Grants & Similar$29,818,859
Total Program Service Revenue$211,312,167
Investment income $231,365
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $651
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$387,018
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $241,176,093

Grants Awarded

Over the last fiscal year, Miami Childrens Health System Inc has awarded $65,000 in support to 5 organizations.

Grant RecipientAmount

UNIVERSITY OF MIAMI

Org PageRecipient Profile

Coral Gables, FL

PURPOSE: Sponsorship

$25,000

LIVE LIKE BELLA FOUNDATION INC

Org PageRecipient Profile

Coral Gables, FL

PURPOSE: Sponsorship

$15,000

YMCA OF SOUTH FLORIDA

Org PageRecipient Profile

Fort Lauderdale, FL

PURPOSE: Sponsorship

$10,000

Miami, FL

PURPOSE: Sponsorship

$10,000

MIAMI-DADE BEACON COUNCIL

Org PageRecipient Profile

Miami, FL

PURPOSE: Sponsorship

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Miami Childrens Health System Inc has recieved totaling $45,000.

Awarding OrganizationAmount
Delta Dental Community Care Foundation

San Francisco, CA

PURPOSE: ACCESS TO CARE

$45,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$51,847,151
Earnings$6,880,578
Net Contributions$1,424,279
Other Expense$2,079,106
Ending Balance$58,072,902

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