Texas Scottish Rite Hospital For Children
- Assets
- $3.4b
- Revenue
- $515.5m
- Investments
- $459.3k
- Employees
- 1,419
- Location
- Dallas, TX
- Founding
- 02/1941
- Data as of
- 09/2022
- EIN
- 75-0818178
Organization Overview
Texas Scottish Rite Hospital For Children, operating under the name Texas Scottish Rite Hospital for Children, is located in Dallas, TX. The organization was established in 1941. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Texas Scottish Rite Hospital for Children employed 1,419 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Scottish Rite Hospital for Children 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 09/2022, Texas Scottish Rite Hospital for Children generated $515.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $249.2m during the year ending 09/2022. While expenses have increased by 4.5% 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.
Since 2016, Texas Scottish Rite Hospital for Children has awarded 23 individual grants totaling $19,049,363. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE LIVES OF CHILDREN WITH ORTHOPEDIC RELATED CONDITIONS THROUGH PATIENT CARE, RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN IS ONE OF THE NATION'S LEADING PEDIATRIC CENTERS FOR THE TREATMENT OF ORTHOPEDIC CONDITIONS, CERTAIN RELATED ARTHRITIC AND NEUROLOGICAL DISORDERS AND LEARNING DISORDERS, SUCH AS DYSLEXIA. PATIENTS RECEIVE TREATMENT REGARDLESS OF THE FAMILY'S ABILITY TO PAY. THE ORTHOPEDICS PROGRAM INCLUDES OUTPATIENT CLINIC VISITS AND INPATIENT STAYS FOR THE DIAGNOSIS AND TREATMENT OF SUCH CONDITIONS AS SCOLIOSIS, CLUBFOOT, DISLOCATED HIP, LEGGPERTHES, LIMBLENGTH DIFFERENCES AND LIMB DEFICIENCIES, HAND DIFFERENCES AND SPORTS INJURIES. THE NEUROLOGY PROGRAM PROVIDES CARE IN SPECIALIZED CLINICS FOR ORTHOPEDIC PATIENTS WHO HAVE RELATED NEUROLOGICAL DISORDERS AND NEUROMUSCULAR DISEASES SUCH AS TUBEROUS SCLEROSIS. THE PEDIATRIC DEVELOPMENTAL DISABILITIES PROGRAM INCLUDES OUTPATIENT CLINIC VISITS FOR THE DIAGNOSIS AND TREATMENT OF CONDITIONS SUCH AS SPINA BIFIDA AND CEREBRAL PALSY. ALL PROGRAMS, INCLUDING ORTHOPEDIC, NEUROLOGY AND LEARNING DISORDERS, TAKES AN INTERDISCIPLINARY APPROACH TO PROVIDING THE BEST POSSIBLE FAMILY CENTERED CARE. THE NEUROLOGY PROGRAM PROVIDES CARE IN SPECIALIZED CLINICS FOR ORTHOPEDIC PATIENTS WHO HAVE RELATED NEUROLOGICAL DISORDERS AND NEUROMUSCULAR DISEASES SUCH AS TUBEROUS SCLEROSIS. THE PEDIATRIC DEVELOPMENTAL DISABILITIES PROGRAM INCLUDES OUTPATIENT CLINIC VISITS FOR THE DIAGNOSIS AND TREATMENT OF CONDITIONS SUCH AS SPINA BIFIDA AND CEREBRAL PALSY. ALL PROGRAMS, INCLUDING ORTHOPEDIC, NEUROLOGY AND LEARNING DISORDERS, TAKES AN INTERDISCIPLINARY APPROACH TO PROVIDING THE BEST POSSIBLE FAMILY-CENTERED CARE.
RESEARCH THE HOSPITAL'S DEDICATED RESEARCH CENTER, THE SARAH M. AND CHARLES E. SEAY CENTER FOR MUSCULOSKELETAL RESEARCH, IS MADE UP OF SIX CENTERS OF EXCELLENCE SCOLIOSIS AND SPINE DISORDERS, CLUBFOOT AND FOOT DISORDERS, HIP DISORDERS, LIMB LENGTH AND RECONSTRUCTION, HAND DIFFERENCES AND SPORTS MEDICINE SUPPORTED BY RESEARCH DIVISIONS AND CORE FACILITIES. HOSPITAL RESEARCHERS HAVE STRIVED TO DISCOVER NEW AND BETTER WAYS TO CARE FOR CHILDREN, WHICH HAVE GENERATED MORE THAN 50 PATENTS. THEY HAVE MADE IMPORTANT DISCOVERIES THAT HAVE HELPED CHILDREN WORLDWIDE, INCLUDING DISCOVERING THE FIRST GENE ASSOCIATED WITH IDIOPATHIC SCOLIOSIS AND TWO MORE GENETIC MARKERS OF THE CONDITION. THROUGH RESEARCH, NEW DEVICES AND TREATMENT SYSTEMS HAVE BEEN CREATED, INCLUDING THE TSRH SILO 5.5 SPINAL SYSTEM, THE TRUE/LOK EXTERNAL FIXATION SYSTEM AND THE TRUE/LOK HEXAPOD SYSTEM. HOSPITAL RESEARCHERS HAVE STRIVED TO DISCOVER NEW AND BETTER WAYS TO CARE FOR CHILDREN, WHICH HAVE GENERATED MORE THAN 25 PATENTS. THEY HAVE MADE IMPORTANT DISCOVERIES THAT HAVE HELPED CHILDREN WORLDWIDE, INCLUDING DISCOVERING THE FIRST GENE ASSOCIATED WITH IDIOPATHIC SCOLIOSIS AND TWO MORE GENETIC MARKERS OF THE CONDITION. THROUGH RESEARCH, NEW DEVICES AND TREATMENT SYSTEMS HAVE BEEN CREATED, INCLUDING THE TSRH SILO 5.5 SPINAL SYSTEM, THE TRUE/LOK EXTERNAL FIXATION SYSTEM AND THE TRUE/LOK HEXAPOD SYSTEM.
EDUCATION TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN FUNCTIONS AS A PREMIER TEACHING INSTITUTION, PROVIDING COMPREHENSIVE EDUCATION AND TRAINING TO ORTHOPEDIC RESIDENTS AND POSTGRADUATE ORTHOPEDIC FELLOWS. IN ADDITION, THE HOSPITAL CONTRIBUTES TO THE EDUCATION OF ALLIED HEALTH PROFESSIONALS BY PROVIDING CLINICAL EXPERIENCE AND DIDACTIC EDUCATION FOR STUDENTS AS WELL AS CONTINUING EDUCATION FOR HEALTH CARE PROFESSIONALS. THE HOSPITAL IS CURRENTLY AFFILIATED WITH 93 INSTITUTIONS, INCLUDING COLLEGES, UNIVERSITIES AND TECHNICAL PROGRAMS. FOR 50 YEARS, IN ASSOCIATION WITH THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER, THE HOSPITAL HAS PROVIDED AN EXTRAORDINARY EDUCATIONAL EXPERIENCE IN THE FIELD OF PEDIATRIC ORTHOPEDICS TO PROMISING ORTHOPEDIC SURGEONS. MORE THAN 200 PHYSICIANS HAVE BENEFITED FROM THE HOSPITAL'S FELLOWSHIP IN PEDIATRIC ORTHOPEDICS AND SCOLIOSIS, WITH MANY GOING ON TO HOLD PRESTIGIOUS MEDICAL POSITIONS ACROSS THE COUNTRY AND AROUND THE WORLD. IN ADDITION, PHYSICIANS FROM SOME OF THE MAJOR HAND CENTERS HAVE TRAINED AT THE HOSPITAL IN THE SUBSPECIALTY OF PEDIATRIC HAND SURGERY. THE HOSPITAL ALSO PARTICIPATES IN RESIDENCY TRAINING PROGRAMS IN NEUROLOGY, RHEUMATOLOGY, PSYCHOLOGY, RADIOLOGY AND PEDIATRIC DEVELOPMENTAL DISABILITIES. AFFILIATION PROGRAMS IN NURSING, PHYSICAL THERAPY, PROSTHETICS AND OTHER DISCIPLINES ALSO EXIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice President & Asst Treasurer | OfficerTrustee | 3 | $0 |
Name Not Listed Vice Chairman | OfficerTrustee | 4 | $0 |
Name Not Listed Vice President & Treasurer | OfficerTrustee | 3 | $0 |
Name Not Listed Chairman | OfficerTrustee | 6 | $0 |
Name Not Listed Vice Chairman | OfficerTrustee | 4 | $0 |
Name Not Listed Vice President & Secretary | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hc Beck Ltd Construction | 9/29/23 | $23,207,982 |
Ut Southwestern Medical Center Medical Services | 9/29/23 | $2,594,488 |
Grant Thornton Llp Professional Services | 9/29/23 | $554,802 |
Ernst & Young Us Llp Professional Services | 9/29/23 | $517,549 |
Sharon Jean Larson Consulting Services | 9/29/23 | $504,963 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,440,416 |
| Related organizations | $93,550 |
| Government grants | $779,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,209,349 |
| Noncash contributions included in lines 1a–1f | $16,631,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,522,335 |
| Total Program Service Revenue | $97,311,930 |
| Investment income | $73,702,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $217,116,145 |
| Net Rental Income | $586,629 |
| Net Gain/Loss on Asset Sales | $66,662,668 |
| Net Income from Fundraising Events | -$286,690 |
| Net Income from Gaming Activities | $33,847 |
| Net Income from Sales of Inventory | $2,478,706 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $515,473,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $892,406 |
| 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. | $10,102,325 |
| Compensation of current officers, directors, key employees. | $5,829,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,550,883 |
| Pension plan accruals and contributions | $8,756,698 |
| Other employee benefits | $13,136,895 |
| Payroll taxes | $6,128,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $806,689 |
| Fees for services: Accounting | $527,239 |
| Fees for services: Lobbying | $8,795 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,527,558 |
| Fees for services: Other | $5,548,683 |
| Advertising and promotion | $6,268,026 |
| Office expenses | $13,161,783 |
| Information technology | $11,181,393 |
| Royalties | $0 |
| Occupancy | $9,161,253 |
| Travel | $479,851 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $145,247 |
| Interest | $5,157 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,088,619 |
| Insurance | $747,673 |
| All other expenses | $0 |
| Total functional expenses | $249,182,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,543,539 |
| Accounts receivable, net | $58,882,445 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,853,157 |
| Prepaid expenses and deferred charges | $8,201,499 |
| Net Land, buildings, and equipment | $364,769,502 |
| Investments—publicly traded securities | $2,850,476,166 |
| Investments—other securities | $459,288 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,238,193 |
| Total assets | $3,378,125,210 |
| Accounts payable and accrued expenses | $24,916,289 |
| Grants payable | $0 |
| Deferred revenue | $386,540 |
| 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 | $115,515,871 |
| Total liabilities | $140,818,700 |
| Net assets without donor restrictions | $3,095,919,404 |
| Net assets with donor restrictions | $141,387,106 |
| 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 | $3,378,125,210 |
Grants Awarded
Over the last fiscal year, Texas Scottish Rite Hospital For Children has awarded $2,971,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PEDI-ORTHO HEALTH CORPORATION PURPOSE: Medical Care and Research | $99,310 |
DALLAS SAFETY NET SUPP CORPORATION PURPOSE: Dallas County Indigent Care | $2,872,590 |