Larabida Childrens Foundation is located in Chicago, IL. The organization was established in 1983. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larabida Childrens Foundation 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, Larabida Childrens Foundation generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT CAPITAL NEEDS OF LA RABIDA CHILDREN'S HOSPITAL ("HOSPITAL").
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FINANCIAL SUPPORT FOR THE CAPITAL NEEDS OF THE HOSPITAL IN ORDER TO BETTER ACCOMMODATE CHILDREN IN NEED OF PATIENT SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard C Carr Chairman | OfficerTrustee | 2 | $0 |
Richard Rodgers Treasurer | OfficerTrustee | 2 | $0 |
Jennifer J Goldfaden Secretary | OfficerTrustee | 2 | $0 |
David J Copeland Vice President | OfficerTrustee | 2 | $0 |
Charles K Bobrinskoy President | OfficerTrustee | 2 | $0 |
Mark D Renfree Asst. Treasurer/asst. Secretary | Officer | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
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 | $0 |
Total Program Service Revenue | $0 |
Investment income | $718,188 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,650,171 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,368,359 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,100,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,010 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $118,987 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $15 |
Total functional expenses | $1,238,012 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $326,129 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $33,517,172 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $59,493 |
Total assets | $33,902,794 |
Accounts payable and accrued expenses | $19,010 |
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 | $2,966,500 |
Total liabilities | $2,985,510 |
Net assets without donor restrictions | $369,334 |
Net assets with donor restrictions | $30,547,950 |
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 | $33,902,794 |
Over the last fiscal year, we have identified 2 grants that Larabida Childrens Foundation has recieved totaling $10,500.
Awarding Organization | Amount |
---|---|
Jewish Federation Of Metropolitan Chicago Chicago, IL PURPOSE: Grants from Donor Advised Funds - Operating Support | $10,000 |
Patzik Frank & Samotny Foundation Chicago, IL PURPOSE: GENERAL FUND | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Community Stroke And Rehabilitation Center Inc Munster, IN | $55,866,066 | $21,660,242 |
Ability Kc Kansas City, MO | $17,203,026 | $16,180,288 |
Continuing Care Hospital Inc Lexington, KY | $10,777,175 | $12,480,256 |
Stl Care Company Cedar Rapids, IA | $24,731,366 | $10,656,673 |
University Orthopaedic Associates Inc Indianapolis, IN | $128,725 | $10,511,925 |
Sharon S Richardson Community Hospice Inc Sheboygan Falls, WI | $14,309,775 | $11,390,948 |
Commonwealth Regional Specialty Hospital Inc Bowling Green, KY | $5,028,714 | $8,130,553 |
Kansas City Hospice Foundation Kansas City, MO | $22,601,330 | $5,104,991 |
Barnard Free Skin And Cancer Hospital St Louis, MO | $68,631,218 | $2,351,085 |
Transformations Surgery Center Inc Middleton, WI | $1,652,314 | $41,431 |
Larabida Childrens Foundation Chicago, IL | $33,902,794 | $2,368,359 |
New Haven Hospice Care Inc New Haven, MO | $533,794 | $1,199,377 |