The Childrens Center Inc
- Assets
- $88.8m
- Revenue
- $77.6m
- Investments
- $1.3m
- Employees
- 917
- Location
- Bethany, OK
- Founding
- 07/1948
- Data as of
- 06/2022
- EIN
- 73-0580264
Organization Overview
The Childrens Center Inc, operating under the name Bethany Children's Health Center, is located in Bethany, OK. The organization was established in 1948. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Bethany Children's Health Center employed 917 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Children's Health 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 06/2022, Bethany Children's Health Center generated $77.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $76.2m during the year ending 06/2022. While expenses have increased by 11.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BECAUSE WE BELEIVE LIFE IS SACRED, AN INHERENT GIFT FROM A LOVING CREATOR, AND THAT ALL CHILDREN ARE OF EQUAL WORTH, WE DEDICATE OURSELVES TO MAXIMIZING THE POTENTIAL OF EVERY CHILD BY PROVIDING EXCELLENT PEDIATRIC MEDICAL AND REHABILITATIVE SERVICES IN A COMPASSIONATE ENVIRONMENT CONSISTENT WITH THE CHRISTIAN PRINCIPLES ON WHICH WE WERE FOUNDED.
Describe the Organization's Program Activity:
SUBACUTE HOSPITAL PROVIDING 24-HOUR MEDICAL AND RESPIRATORY CARE, COMPREHENSIVE THERAPIES, AND SPECIAL EDUCATION TO MEDICALLY FRAGILE CHILDREN. SERVES 200 IN-PATIENTS AND 23,000 OUT-PATIENTS ANNUALLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Gray Board Chairman And Administrator | Trustee | 40 | $348,000 |
Glenn Coffee Board | Trustee | 1 | $0 |
Mike Cowan Board | Trustee | 1 | $0 |
Kim Grubbs Board | Trustee | 1 | $0 |
Chris Streets Board | Trustee | 1 | $0 |
Don Orr Board | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal Health Inc Medications | 6/29/19 | $1,902,213 |
Provider Medical Supply Distributor Of Formula Products | 6/29/19 | $413,224 |
Owens & Minor Medical Supplies | 6/29/19 | $642,070 |
Merry X-ray Medical Consulting | 6/29/19 | $348,632 |
Express Premium Finance Property Insurance | 6/29/19 | $234,724 |
Financial Statements
| 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 | $2,404,263 |
| Noncash contributions included in lines 1a–1f | $214,962 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,404,263 |
| Total Program Service Revenue | $74,739,169 |
| Investment income | $95,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $22,080 |
| Net Rental Income | -$6,429 |
| Net Gain/Loss on Asset Sales | $11,080 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,551,866 |
| 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. | $3,712,642 |
| Compensation of current officers, directors, key employees. | $232,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,019,032 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,717,178 |
| Payroll taxes | $3,283,518 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,487 |
| Fees for services: Accounting | $175,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $279,715 |
| Fees for services: Other | $1,517,763 |
| Advertising and promotion | $104,612 |
| Office expenses | $296,226 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,779,403 |
| Travel | $310,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $767 |
| Interest | $1,617,555 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,568,512 |
| Insurance | $592,033 |
| All other expenses | $1,090,970 |
| Total functional expenses | $76,232,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,273,184 |
| Savings and temporary cash investments | $1,741,812 |
| Pledges and grants receivable | $2,129 |
| Accounts receivable, net | $10,997,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $822,590 |
| Prepaid expenses and deferred charges | $679,887 |
| Net Land, buildings, and equipment | $64,065,257 |
| Investments—publicly traded securities | $2,743,044 |
| Investments—other securities | $1,297,857 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,137,103 |
| Total assets | $88,760,843 |
| Accounts payable and accrued expenses | $6,695,456 |
| 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 | $28,867,550 |
| Other liabilities | $79,851 |
| Total liabilities | $35,642,857 |
| Net assets without donor restrictions | $46,796,556 |
| Net assets with donor restrictions | $6,321,430 |
| 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 | $88,760,843 |