Arkansas Childrens Hospital
- Assets
- $970.5m
- Revenue
- $646.4m
- Investments
- $711.8k
- Employees
- 4,206
- Location
- Little Rock, AR
- Founding
- 11/1970
- Data as of
- 06/2020
- EIN
- 71-0236857
Organization Overview
Arkansas Childrens Hospital is located in Little Rock, AR. The organization was established in 1970. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Arkansas Childrens Hospital employed 4,206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Childrens Hospital 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 06/2020, Arkansas Childrens Hospital generated $646.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $595.5m during the year ending 06/2020. While expenses have increased by 2.3% per year over the past 6 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.
Since 2015, Arkansas Childrens Hospital has awarded 153 individual grants totaling $61,242,523. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE CHAMPION CHILDREN BY MAKING THEM BETTER TODAY AND HEALTHIER TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARKANSAS CHILDREN'S HOSPITAL (ACH) IS A NOT-FOR-PROFIT PEDIATRIC HOSPITAL THAT SERVES AS THE ONLY QUATERNARY HEALTH CARE FACILITY FOR CHILDREN IN THE STATE OF ARKANSAS. ACH HAS THE ONLY BURN CENTER IN ARKANSAS AND PROVIDES TREATMENT TO ADULTS AS WELL AS CHILDREN. ACH IS LICENSED FOR 336 OPERATING BEDS, OF WHICH 180 ARE INTENSIVE CARE BEDS AND 143 ARE MEDICAL/SURGICAL BEDS. DURING THE YEAR ENDED JUNE 30, 2021, ACH'S UTILIZATION WAS AS FOLLOWS: 13,388 ADMISSIONS WITH AN AVERAGE STAY OF 5.56 DAYS; 71,395 PATIENT DAYS; 195.6 AVERAGE DAILY CENSUS; 231,228 OUTPATIENT VISITS, EXCLUDING ER VISITS WHICH WERE 48,852; AND 14,525 SURGERIES. CONTINUED ON SCHEDULE O:IN ADDITION TO PROVIDING CHARITY CARE, ACH IS A MAGNET-RECOGNIZED FACILITY IN LITTLE ROCK OPERATING THE STATE'S ONLY LEVEL I PEDIATRIC TRAUMA CENTER, BURN CENTER, LEVEL 4 NEONATAL INTENSIVE CARE UNIT, PEDIATRIC INTENSIVE CARE UNIT, PEDIATRIC SURGERY PROGRAM WITH LEVEL 1 VERIFICATION FROM THE AMERICAN COLLEGE OF SURGEONS (ACS), MAGNETOENCEPHALOGRAPHY (MEG) SYSTEM FOR NEUROSURGICAL PLANNING AND CUTTING-EDGE RESEARCH, AND NATIONALLY RECOGNIZED PEDIATRIC TRANSPORT PROGRAM. ADDITIONALLY, ACH IS NATIONALLY RANKED BY U.S. NEWS & WORLD REPORT IN OUR PEDIATRIC SUBSPECIALTIES OF CARDIOLOGY/HEART SURGERY, NEPHROLOGY, PULMONOLOGY AND UROLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gresham Richter MD Trustee/director-Chief Of Staff | Trustee | 54.72 | $649,269 |
Gregory Sharp MD Svp/chief Medical Officer | Officer | 55 | $455,204 |
Lee Anne Eddy Svp/chief Nursing Officer | Officer | 50 | $405,461 |
Jared Capouya VP Quality & Safety | 55 | $381,964 | |
Amy Fallon VP Facilities & Support Svc | Officer | 50 | $301,242 |
Ann Kruger VP Ambulatory Care Svc | Officer | 55 | $299,671 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Of Arkansas For Medical Scien Medical Services | 6/29/21 | $72,677,260 |
Crothall Healthcare Patient Transport/evs/linen Svc | 6/29/21 | $9,281,362 |
Compass One Nutrition Services | 6/29/21 | $6,909,070 |
Nabholz Construction Corp General Construction Contractor | 6/29/21 | $8,821,945 |
Cross Country Staffing Inc Staffing | 6/29/21 | $4,246,525 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,511,132 |
| Investment income | $8,746,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,760,921 |
| Net Gain/Loss on Asset Sales | -$105,483 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $646,443,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $530,097 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,533,033 |
| Compensation to disqualified persons | $36,807 |
| Other salaries and wages | $237,276,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,022,878 |
| Payroll taxes | $0 |
| Fees for services: Management | $8,776,242 |
| Fees for services: Legal | $14,727 |
| Fees for services: Accounting | $2,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,661,674 |
| Advertising and promotion | $835,104 |
| Office expenses | $7,561,244 |
| Information technology | $15,458,083 |
| Royalties | $0 |
| Occupancy | $4,036,931 |
| Travel | $1,276,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $665,725 |
| Interest | $3,818,025 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,367,992 |
| Insurance | $23,873 |
| All other expenses | $0 |
| Total functional expenses | $595,488,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,543 |
| Savings and temporary cash investments | $92,732,526 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,274,094 |
| Loans from Officers, Directors, or Controlling Persons | $25,003 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,267,148 |
| Prepaid expenses and deferred charges | $6,800,883 |
| Investments—publicly traded securities | $342,562,404 |
| Investments—other securities | $711,818 |
| Investments—program-related | $549,433 |
| Intangible assets | $0 |
| Other assets | $174,519,313 |
| Total assets | $970,496,679 |
| Accounts payable and accrued expenses | $39,187,884 |
| Grants payable | $0 |
| Deferred revenue | $10,917,740 |
| Tax-exempt bond liabilities | $91,361,027 |
| 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 | $3,205,857 |
| Total liabilities | $144,672,508 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $825,824,171 |
Grants Awarded
Over the last fiscal year, Arkansas Childrens Hospital has awarded $9,096,234 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Little Rock, AR PURPOSE: GENERAL SUPPORT | $6,372,909 |
Little Rock, AR PURPOSE: GENERAL SUPPORT | $977,893 |
Little Rock, AR PURPOSE: GENERAL SUPPORT | $363,978 |
Fayetteville, AR PURPOSE: GENERAL SUPPORT | $204,800 |
Jonesboro, AR PURPOSE: GENERAL SUPPORT | $110,200 |
Little Rock, AR PURPOSE: GENERAL SUPPORT | $101,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arkansas Childrens Hospital has recieved totaling $2,800.
| Awarding Organization | Amount |
|---|---|
Ponagansett Foundation Inc Harrison, NY PURPOSE: GENERAL SUPPORT | $2,500 |
The Charlotte D Allen And Delbert E Allen Sr Charitable And Siloam Springs, AR PURPOSE: NEONATAL EQUIPMENT | $300 |
Endowment Analysis
| Beg. Balance | $310,862,422 |
| Earnings | $74,160,395 |
| Net Contributions | $1,798,329 |
| Other Expense | $12,655,659 |
| Ending Balance | $374,165,487 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womans Hospital Foundation Baton Rouge, LA | $955,522,065 | $745,053,312 |
Arkansas Childrens Hospital Little Rock, AR | $970,496,679 | $646,443,005 |
Childrens Hospital Inc New Orleans, LA | $2,324,907,208 | $506,708,702 |
Ssm Health Cardinal Glennon Childrens Hospital St Louis, MO | $556,567,153 | $413,043,691 |
Cook Childrens Physician Network Fort Worth, TX | $51,062,651 | $358,666,178 |
Driscoll Childrens Hospital Corpus Christi, TX | $2,425,095,587 | $499,359,413 |
Texas Scottish Rite Hospital For Children Dallas, TX | $3,238,922,666 | $306,973,040 |
East Tennessee Childrens Hospital Association Inc Knoxville, TN | $589,733,118 | $234,815,784 |
Dell Childrens Medical Group St Louis, MO | $36,825,902 | $94,652,892 |
Ut Regional One Physicians Inc Memphis, TN | $6,477,462 | $77,099,192 |
Mississippi Methodist Hospital Rehabilitation Center Inc Jackson, MS | $101,113,663 | $65,002,798 |
Cancer Centers Of Southwest Oklahoma Llc Lawton, OK | $32,318,055 | $43,660,378 |