Childrens Medical Research Inc
- Assets
- $19.2m
- Revenue
- $5.6m
- Investments
- $16.3m
- Employees
- 18
- Location
- Oklahoma City, OK
- Founding
- 02/1985
- Data as of
- 03/2024
- EIN
- 73-1200262
Organization Overview
Childrens Medical Research Inc, operating under the name Children's Health Foundation, is located in Oklahoma City, OK. The organization was established in 1985. According to its NTEE Classification (H98) the organization is classified as: Pediatrics Research, under the broad grouping of Medical Research and related organizations. As of 03/2024, Children's Health Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Health 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 03/2024, Children's Health Foundation generated $5.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $9.9m during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVES THE HEALTH OF CHILDREN THROUGH ITS SUPPORT OF PEDIATRIC RESEARCH, EDUCATION AND CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HEALTH FOUNDATION (CHF) IMPROVES THE HEALTH OF CHILDREN THROUGH ITS SUPPORT OF PEDIATRIC RESEARCH, EDUCATION, AND CARE IN OKLAHOMA. RECOGNIZED PEDIATRIC PROGRAMS INCLUDE CANCER, BLOOD DISORDERS, DIABETES, GENETICS, EYE DISEASE, ADOLESCENT MEDICINE, DISORDERED EATING, EMERGENCY MEDICINE, CHILD ABUSE AND NEGLECT, AUTISM, DEVELOPMENTAL AND BEHAVIORAL PEDIATRICS, NEONATOLOGY, CARDIOLOGY, CARDIAC SURGERY, PEDIATRIC SURGERY, PALLIATIVE, CARE, LUNG DISEASE, CYSTIC FIBROSIS, KIDNEY DISEASE, PEDIATRIC EDUCATION, FELLOWSHIPS AND RESIDENCY PROGRAMS. JIMMY EVEREST CANCER CENTER AND GRATEFUL FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Cranfield Board Member | Trustee | 1 | $0 |
Chay Kramer Board Member | Trustee | 1 | $0 |
Jenny Love Meyer Board Member | Trustee | 1 | $0 |
Jared Gallagher Board Member | Trustee | 1 | $0 |
Drew Neville Vice President | OfficerTrustee | 1 | $0 |
Ross Plourde President | OfficerTrustee | 1 | $0 |
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 | $5,086,992 |
| Noncash contributions included in lines 1a–1f | $425,883 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,086,992 |
| Total Program Service Revenue | $0 |
| Investment income | $55,183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $489,838 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,642,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,302,894 |
| 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. | $228,673 |
| Compensation of current officers, directors, key employees. | $22,867 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $772,542 |
| Pension plan accruals and contributions | $44,205 |
| Other employee benefits | $121,686 |
| Payroll taxes | $73,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $231,003 |
| Office expenses | $92,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,328 |
| Travel | $750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,109 |
| Interest | $0 |
| Payments to affiliates | $314,126 |
| Depreciation, depletion, and amortization | $9,608 |
| Insurance | $3,711 |
| All other expenses | $0 |
| Total functional expenses | $9,922,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,127,271 |
| Savings and temporary cash investments | $1,170,122 |
| Pledges and grants receivable | $97,016 |
| 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 | $21,255 |
| Net Land, buildings, and equipment | $7,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $16,277,781 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $476,770 |
| Total assets | $19,177,340 |
| Accounts payable and accrued expenses | $85,084 |
| Grants payable | $1,472,271 |
| Deferred revenue | $153,900 |
| 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 | $501,320 |
| Total liabilities | $2,212,575 |
| Net assets without donor restrictions | $2,307,985 |
| Net assets with donor restrictions | $14,656,780 |
| 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 | $19,177,340 |
Grants Awarded
Over the last fiscal year, Childrens Medical Research Inc has awarded $5,191,772 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIV OF OKLA HEALTH SCIENCE CNTR PURPOSE: MEDICAL RESEARCH | $4,091,772 |
DEAN MCGEE EYE INSTITUTE PURPOSE: MEDICAL RESEARCH | $1,000,000 |
OKLAHOMA STATE UNIVERSITY FOUNDATION PURPOSE: MEDICAL RESEARCH | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Medical Research Inc Oklahoma City, OK | $19,177,340 | $5,642,906 |
Childrens Medical Center Research Institute At The University Of Tex Dallas, TX | $5,757,752 | $6,832,476 |
Fleur De Lis Saint Louis, MO | $444,723 | $272,840 |
Noahs Bandage Project Olathe, KS | $673,717 | $228,977 |
National Black Child Development Institute Inc Desoto, TX | $24,439 | $0 |