Children S Healing Center
- Assets
- $8.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Grand Rapids, MI
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 45-1955614
Organization Overview
Children S Healing Center is located in Grand Rapids, MI. The organization was established in 2011. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2022, Children S Healing Center employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children S Healing Center 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 12/2022, Children S Healing Center generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 20.4% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A SAFE, CLEAN, AND ENGAGING ENVIRONMENT FOR KIDS WITH WEAK IMMUNE SYSTEMS TO INTERACT WITH OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HEALING CENTER IS THE NATIONS FIRST YEAR ROUND RECREATIONAL CENTER FOR CHILDREN WITH WEAK IMMUNE SYSTEMS AND THEIR FAMILIES THAT PROMOTES SOCIAL, EMOTIONAL, AND PHYSICAL HEALING FOR FAMILIES. THE CENTER OFFERS A SAFE, CLEAN AND INTERACTIVE PLACE FOR CHILDREN WITH WEAK IMMUNE SYSTEMS TO JUST BE NORMAL KIDS. THE CENTER IS HOUSED IN A 7,000-SQUARE-FOOT FACILITY IN GRAND RAPIDS MI, WITH FOUR MAIN PROGRAM AREAS: EXPLORATORY PLAY, AN ACTIVE FITNESS SPACE, TECH ZONE AND ART AND LEARNING ROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Afton Devos Director | Trustee | 2 | $0 |
Beth Kurt MD Director | Trustee | 5 | $0 |
Cheryl Ora Director | Trustee | 2 | $0 |
Chris Koontz Director | Trustee | 2 | $0 |
Jian Yu Director | Trustee | 2 | $0 |
Julie Piazza Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $310,199 |
| Related organizations | $0 |
| Government grants | $2,899,428 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,878,419 |
| Noncash contributions included in lines 1a–1f | $27,038 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,088,046 |
| Total Program Service Revenue | $0 |
| Investment income | $29,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$23,661 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,248,902 |
| 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. | $99,906 |
| Compensation of current officers, directors, key employees. | $4,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $549,691 |
| Pension plan accruals and contributions | $36,958 |
| Other employee benefits | $0 |
| Payroll taxes | $50,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,030 |
| Fees for services: Accounting | $11,445 |
| Fees for services: Lobbying | $48,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,349 |
| Fees for services: Other | $22,376 |
| Advertising and promotion | $54,659 |
| Office expenses | $8,837 |
| Information technology | $9,703 |
| Royalties | $0 |
| Occupancy | $84,993 |
| 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 | $61,981 |
| Insurance | $18,798 |
| All other expenses | $21,559 |
| Total functional expenses | $1,217,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,181,723 |
| Savings and temporary cash investments | $3,379,582 |
| Pledges and grants receivable | $667,045 |
| 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 | $18,487 |
| Net Land, buildings, and equipment | $2,393,575 |
| Investments—publicly traded securities | $764,187 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,404,599 |
| Accounts payable and accrued expenses | $100,809 |
| Grants payable | $0 |
| Deferred revenue | $16,172 |
| 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 | $1,384,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,500,981 |
| Net assets without donor restrictions | $3,471,981 |
| Net assets with donor restrictions | $3,431,637 |
| 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 | $8,404,599 |