Childrens Medical Fund Child Life Endowment Corp
- Assets
- $733.5k
- Revenue
- $119.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Syosset, NY
- Founding
- 01/2016
- Data as of
- 12/2023
- EIN
- 47-3594754
Organization Overview
Childrens Medical Fund Child Life Endowment Corp is located in Syosset, NY. The organization was established in 2016. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Childrens Medical Fund Child Life Endowment Corp 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 12/2023, Childrens Medical Fund Child Life Endowment Corp generated $119.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND AND SUPPORT THE CHILD LIFE PROGRAM AT COHEN'S CHILDREN'S MEDICAL CENTER OF NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILD LIFE PROGRAM PROVIDES PATIENTS AND FAMILIES ACCESS TO CHILD LIFE SPECIALISTS WHO ARE TRAINED IN MULTI-DISCIPLINARY HEALTH CARE AND TEACH CRITICALLY ILL CHILDREN AND THEIR FAMILIES HOW TO COPE WITH THE STRESS OF HOSPITAL STAYS, AND TO INTEGRATE THEM INTO A HOSPITAL ENVIRONMENT WITH A MINIMUM OF STRESS. IT ALSO EDUCATES PARENTS AND CHILDREN ON WHAT TO EXPECT AT THE HOSPITAL AND TO BETTER UNDERSTAND THEIR ILLNESS. BEING REMOVED FROM NORMAL FAMILY LIFE CAN BE ATRAUMATIC EXPERIENCE, AND CHILD LIFE UTILIZES MUSIC, ART AND LAUGHTER TO ENRICH THEIR STAY, AND INCORPORATES CUTTING EDGE THERAPIES AND RESOURCES TO AID PEDIATRIC PATIENTS AND THEIR FAMILIES WHEN FACED WITH THE TRAUMA OF URGENT OR EXTENDED HOSPITAL STAYS. IT ALSO ADDRESSES THE NEEDS OF THE CHILDREN WHO VISIT THE AMBULATORY CLINICS OF THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Blumenfeld Chairman | OfficerTrustee | 5 | $0 |
Brian Wasserman Director | Trustee | 0.5 | $0 |
Mark Goodman Director | Trustee | 0.5 | $0 |
Cindy Rodriguez Director | Trustee | 0.5 | $0 |
Brian Lally Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100,000 |
| 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 | $100,000 |
| Total Program Service Revenue | $0 |
| Investment income | $13,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,158 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,788 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,404 |
| 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 | $1,056 |
| All other expenses | $16 |
| Total functional expenses | $11,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $268,773 |
| Pledges and grants receivable | $45,000 |
| 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 | $351 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $419,360 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $733,484 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $336,414 |
| Net assets with donor restrictions | $397,070 |
| 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 | $733,484 |