Childrens Health System Of Texas
- Assets
- $1.4b
- Revenue
- $469.2m
- Investments
- $0.0
- Employees
- 8,652
- Location
- Dallas, TX
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 75-2062019
Organization Overview
Childrens Health System Of Texas, operating under the name Children's Health, is located in Dallas, TX. The organization was established in 1986. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Children's Health employed 8,652 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Health 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, Children's Health generated $469.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.0% each year . All expenses for the organization totaled $423.0m during the year ending 12/2021. While expenses have increased by 51.5% 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.
Since 2019, Children's Health has awarded 14 individual grants totaling $597,500. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE MANAGEMENT OF RELATED 501(C)(3) ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HEALTH SYSTEM OF TEXAS (CHST) ASSISTS IN THE MANAGEMENT OF RELATED 501(C)(3) ORGANIZATIONS THAT ARE PART OF AN INTEGRATED PEDIATRIC HEALTH CARE SYSTEM WITH A MISSION TO MAKE LIFE BETTER FOR CHILDREN. CHST SUPPORTS TWO FULL-SERVICE HOSPITALS AND ONE SPECIALTY HOSPITAL AS WELL AS AN EXTENSIVE NETWORK OFFERING VIRTUAL, URGENT, PRIMARY, SPECIALTY CARE AND MORE TO THE CHILDREN OF NORTH TEXAS AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Utsw Healthcare Services | 12/30/21 | $117,211,784 |
Z Constructors Contruction Services | 12/30/21 | $7,848,590 |
Philips Health Care Medical Services | 12/30/21 | $9,492,095 |
Medline Industries Inc Phys & Medical Svcs | 12/30/21 | $18,213,390 |
Bain & Company Inc Consulting Svcs | 12/30/21 | $6,657,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,249,930 |
| 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 | $1,249,930 |
| Total Program Service Revenue | $465,445,807 |
| Investment income | $2,320,958 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $196,909 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,213,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $458,124 |
| 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. | $26,730,418 |
| Compensation of current officers, directors, key employees. | $18,504,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,994,414 |
| Pension plan accruals and contributions | $6,338,100 |
| Other employee benefits | $23,276,154 |
| Payroll taxes | $13,366,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,417,745 |
| Fees for services: Accounting | $666,646 |
| Fees for services: Lobbying | $36,278 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,120,560 |
| Fees for services: Other | $44,323,416 |
| Advertising and promotion | $11,943,554 |
| Office expenses | $27,502,880 |
| Information technology | $57,301,214 |
| Royalties | $0 |
| Occupancy | $11,880,093 |
| Travel | $156,582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $163,123 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,345,598 |
| Insurance | $9,738,340 |
| All other expenses | $0 |
| Total functional expenses | $423,033,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,758,432 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,022,708 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,703,182 |
| Prepaid expenses and deferred charges | $81,284,728 |
| Net Land, buildings, and equipment | $164,062,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $259,644,819 |
| Intangible assets | $0 |
| Other assets | $665,601,149 |
| Total assets | $1,383,077,021 |
| Accounts payable and accrued expenses | $48,636,702 |
| 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 | $3,218,547 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,109,837,676 |
| Total liabilities | $2,161,692,925 |
| Net assets without donor restrictions | -$778,615,904 |
| 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 | $1,383,077,021 |
Grants Awarded
Over the last fiscal year, Childrens Health System Of Texas has awarded $422,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: PROGRAM SUPPORT | $225,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $50,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $50,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $30,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $25,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Childrens Health System Of Texas has recieved totaling $1,262,430.
| Awarding Organization | Amount |
|---|---|
Childrens Medical Center Foundation Dallas, TX PURPOSE: Program Operations & Capital Support | $1,249,930 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Health System Of Texas Dallas, TX | $1,383,077,021 | $469,213,604 |
Baylor St Lukes Medical Group Houston, TX | $65,900,696 | $100,185,419 |
Texas Essential Healthcare Partnerships Foundation Austin, TX | $3,184,613 | $86,533,051 |
Baptist Health Services Little Rock, AR | $51,469,112 | $76,869,884 |
Sealy & Smith Foundation Galveston, TX | $1,823,742,664 | $193,760,950 |
Mountaire Employees Medical Benefit Trust Little Rock, AR | $4,300,671 | $51,578,567 |
Transport Workers Mta Health And Welfare Tr Houston, TX | $10,025,707 | $53,517,376 |
Harris County Hospital District Foundation Bellaire, TX | $42,615,141 | $23,031,096 |
W I Cook Foundation Inc Fort Worth, TX | $3,246,012,284 | $259,660,047 |
Childrens Medical Center Foundation Dallas, TX | $1,970,405,088 | $64,214,565 |
Gshs Administrative Services Organization Inc Longview, TX | $3,821,992 | $32,386,518 |
Memorial Hermann Foundation Houston, TX | $128,175,720 | $33,729,240 |