Cook Childrens Medical Center is located in Fort Worth, TX. The organization was established in 1985. 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, Cook Childrens Medical Center employed 5,826 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cook Childrens Medical 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 09/2021, Cook Childrens Medical Center generated $1.5b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.2b during the year ending 09/2021. While expenses have increased by 6.2% 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 2015, Cook Childrens Medical Center has awarded 54 individual grants totaling $645,871,799. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KNOWING THAT EVERY CHILD'S LIFE IS SACRED OUR PROMISE IS TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH THE PREVENTION AND TREATMENT OF ILLNESS, DISEASE AND INJURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOK CHILDREN'S MEDICAL CENTER (CCMC) - FORT WORTH IS THE CORNERSTONE OF COOK CHILDREN'S HEALTH CARE SYSTEM. THIS 462-BED FACILITY IS HOME TO TOP MEDICAL MINDS, ADVANCED TECHNOLOGIES, FAMILY-CENTERED TREATMENTS AND LEADING-EDGE CLINICAL RESEARCH, ALL DESIGNED TO FULFILL THE SYSTEM'S PROMISE TO IMPROVE THE HEALTH AND WELL-BEING OF EVERY CHILD IN OUR CARE AND OUR COMMUNITIES. IT IS ONE OF ONLY 10 FREESTANDING CHILDREN'S HOSPITALS IN THE WORLD TO ACHIEVE MAGNET DESIGNATION WITH THREE CONSECUTIVE RE-DESIGNATIONS FROM THE AMERICAN NURSING CREDENTIALING CENTER, MOST RECENTLY IN FEBRUARY 2021. NATIONALLY RECOGNIZED SERVICES SUCH AS THE LEVEL IV NEONATAL INTENSIVE CARE UNIT, THE JANE AND JOHN JUSTIN INSTITUTE FOR MIND HEALTH, AND THE HEMATOLOGY AND ONCOLOGY CENTER ARE LEADING THE WAY IN PROVIDING THE HIGHEST LEVEL OF CARE TO FAMILIES WHO TRAVEL TO THE MEDICAL CENTER FROM ALL ACROSS TEXAS, THE UNITED STATES AND INTERNATIONALLY. FROM COMPLICATED SURGERIES AND LEVEL II TRAUMA CARE TO PHYSICAL THERAPY AND BEHAVIORAL HEALTH SERVICES, CCMC OFFERS A VARIETY OF SERVICES AND AMENITIES TO MEET THE UNIQUE NEEDS OF EVERY PATIENT AND FAMILY. BY SEEING THE WORLD THROUGH THE EYES OF CHILDREN AND THEIR FAMILIES FROM ALL BACKGROUNDS, WE'RE ABLE TO SHAPE HEALTH CARE SUITED TO THEM: CONNECTED BY KINDNESS, IMAGINATION AND RESPECT AND WITH AN EXTRA DOSE OF MAGICAL WONDER. MAKING HISTORY IN JANUARY 2023, A TEAM OF 25 MEDICAL PROFESSIONALS, INCLUDING SIX SURGEONS, MADE HEADLINES AROUND THE WORLD AFTER THE SUCCESSFUL SURGICAL SEPARATION OF CONJOINED TWINS FOR THE FIRST TIME IN COOK CHILDREN'S 105-YEAR HISTORY. PREPARATIONS TO CARE FOR THE TWINS IN THE HOSPITAL'S NICU AND FOR THE SUBSEQUENT SEPARATION SURGERY BEGAN MONTHS BEFORE THEIR BIRTH. THE UNIQUE MEDICAL NEEDS OF THE TWINS REQUIRED IMAGINATION, A LASER-FOCUS ON SAFETY AND SKILL, AND COLLABORATION AMONG MULTIPLE SPECIALTIES. THANKS TO THE EFFORTS OF THIS TEAM, THE 11-HOUR SURGICAL SEPARATION WAS A SUCCESS AND, TODAY, THE TWIN SISTERS ARE ENJOYING THEIR LIVES TOGETHER, BUT SEPARATE. RAISING AWARENESS IN FY23, COOK CHILDREN'S MEDICAL CENTER - FORT WORTH TOOK ACTION TO ADDRESS AN ALARMING RISE IN SUDDEN UNEXPLAINED INFANT DEATHS (SUIDS) WITH A MONTHS-LONG SAFE SLEEP CAMPAIGN. BETWEEN JANUARY 2022 AND APRIL 2023, CCMC SAW 30 INFANT DEATHS LINKED TO UNSAFE SLEEP SITUATIONS, MORE THAN THE NUMBER OF FATAL GUNSHOT WOUNDS AND DROWNINGS COMBINED AND THE HIGHEST PEAK SINCE 2008. DEMOGRAPHIC DATA SHOWED THE GROUP WITH THE HIGHEST UNSAFE SLEEP DEATHS WERE BLACK BOYS FROM 2 MONTHS TO 6 MONTHS OLD. IN APRIL 2023, COOK CHILDREN'S LAUNCHED A SAFE SLEEP AWARENESS CAMPAIGN WITH A SERIES OF ARTICLES IN ITS ONLINE NEWSROOM, CHECKUPNEWSROOM.ORG, COVERING EVERYTHING FROM BABY SLEEP TRAINING ADVICE, TO SAFE SLEEP PRACTICES AND PRECAUTIONS, TO TALKING WITH GRANDPARENTS AND BABYSITTERS ABOUT PRACTICING SAFE SLEEP WITH YOUR BABY. WHEN THE NUMBER OF ADMISSIONS AND VISITS FOR RSV, FLU AND VIRAL ILLNESSES STRAINED THE MEDICAL CENTER, PEDIATRIC OFFICES AND URGENT CARE CENTERS IN THE FALL AND WINTER MONTHS, COOK CHILDREN'S PROVIDED WEEKLY COMMUNITY UPDATES. IT ALSO ASKED FOR THE COMMUNITY'S HELP IN LIMITING THE SPREAD OF ILLNESS, TAKING CHILDREN TO THE APPROPRIATE PROVIDER BASED ON THEIR CONDITION, AND ENCOURAGED PATIENCE DURING LONG WAIT TIMES IN BUSY ERS AND URGENT CARE CENTERS. TELEHEALTH REMAINS A CRITICAL RESOURCE FOR THE HOSPITAL, ESPECIALLY DURING TIMES OF INTENSE VIRAL SPREAD. IN THE EARLY DAYS OF COVID-19, COOK CHILDREN'S TOOK STEPS TO INCREASE ITS BANDWIDTH TO SUPPORT THE EXPLOSIVE GROWTH IN VIRTUAL HEALTH VISITS. FISCAL YEAR 2023 VIRTUAL HEALTH VISITS TOTALED 56,312 ACROSS ALL OF COOK CHILDREN'S HEALTH CARE SYSTEM. RAISING JOY THE RAISING JOY PODCAST, A PRODUCT OF COOK CHILDREN'S SUICIDE PREVENTION JOY CAMPAIGN, PREMIERED IN MARCH 2022, AND AIRED ITS 50TH EPISODE IN JUNE 2023. TOPICS IN FY23 COVERED EVERYTHING FROM PROTECTING CHILDREN FROM ABUSE TO THE RISE OF CHILD SUICIDES TO BODY IMAGE TO PARENTS SHARING THEIR PERSONAL EXPERIENCE LOSING A CHILD TO OPIOID ABUSE. IN OCTOBER 2022, THE PODCAST HOSTED ITS FIRST LIVE BROADCAST IN FRONT OF A LIVE AUDIENCE. THE EVENT FOCUSED ON THE MYSTIFYING RISE IN CHILD SUICIDES AND FEATURED AUTHOR AND RENOWNED SPEAKER ANDREW SOLOMON, PH.D. THE PODCAST IS HOSTED BY COOK CHILDREN'S SENIOR VICE PRESIDENT AND CHIEF COMMUNICATION, INCLUSION, DIVERSITY AND EQUITY OFFICER, AND COOK CHILDREN'S MEDICAL DIRECTOR OF PSYCHIATRY OUTPATIENT SERVICES AND PARTIAL HOSPITALIZATION PROGRAM. FROM JANUARY THROUGH JULY 2023, 405 PATIENTS AGES 8 AND OLDER WHO CAME TO COOK CHILDREN'S ED FOR MEDICAL CONDITIONS WERE POSITIVE FOR BEING AT RISK FOR SUICIDE, AND 19 WERE SUICIDAL AT THE TIME. THAT'S WHEN TEAM HOPE ENTERS THE PICTURE. TEAM HOPE IS LED BY AN ED NURSE AND CHAPLAIN, AND INCLUDES PATIENT CARE TECHNICIANS, PARAMEDICS, NURSES, SECURITY OFFICERS, CHAPLAINS AND CHILD LIFE SPECIALISTS SPECIALLY TRAINED TO IDENTIFY AND COMMUNICATE WITH CHILDREN STRUGGLING WITH MENTAL HEALTH. OFTENTIMES, TEAM HOPE'S INTERVENTION LEADS TO LIFE-SAVING MENTAL HEALTH CARE AND RESOURCE CONNECTIONS FOR CHILDREN AND THEIR FAMILIES. NEW AND IMPROVED AFTER YEARS IN THE MAKING, COOK CHILDREN'S MEDICAL CENTER OPENED THE JANE AND JOHN JUSTIN INSTITUTE FOR MIND HEALTH IN OCTOBER 2023. THE JUSTIN INSTITUTE BRINGS TOGETHER COOK CHILDREN'S JANE AND JOHN JUSTIN NEUROSCIENCES CENTER, COOK CHILDREN'S DIVISION OF BEHAVIORAL HEALTH AND THE CHILD STUDY CENTER UNDER ONE COLLABORATIVE ROOF TO PROVIDE EASILY ACCESSIBLE, WELL-COORDINATED AND COMPREHENSIVE CARE FOR CHILDREN WITH DISORDERS AFFECTING THE NERVOUS SYSTEM. THE JUSTIN INSTITUTE IS LOCATED IN THE DODSON SPECIALTY CLINICS BUILDING, WHICH REOPENED IN 2023 AFTER UNDERGOING AN EXTENSIVE RENOVATION AND EXPANSION. IN ADDITION TO THE JUSTIN INSTITUTE, THE EXPANSION MADE WAY FOR THE OPENING OF THE PANDA CARES CENTER OF HOPE SIBLING SUPPORT CENTER WHERE SIBLINGS OF MEDICALLY COMPLEX PATIENTS CAN PLAY, CREATE AND CONNECT WITH OTHER CHILDREN WHILE THEIR BROTHER OR SISTER ATTENDS THEIR SPECIALTY APPOINTMENTS. THE PANDA CARES CENTER OF HOPE SIBLING SUPPORT CENTER AT COOK CHILDREN'S IS MADE POSSIBLE THROUGH THE SUPPORT OF PANDA CARES, THE PHILANTHROPIC ARM OF THE ASIAN DINING CONCEPT PANDA EXPRESS, AND ITS PARTNERSHIP WITH CHILDREN'S MIRACLE NETWORK (CMN), OF WHICH COOK CHILDREN'S IS A MEMBER. COOK CHILDREN'S NEUROSCIENCE DIVISION IS MAKING A NAME FOR ITSELF IN THE WORLD OF MEDICAL RESEARCH, TOO. IN 2023, THE NEUROSCIENCE RESEARCH CENTER, LED BY CHRISTOS PAPADELIS, PH.D., MADE MEDICAL NEWS WITH NOT ONE, BUT TWO, PAPERS PUBLISHED IN THE ESTEEMED NEUROLOGY JOURNAL BRAIN. THROUGH RESEARCH CONDUCTED BY DR. PAPADELIS AND HIS TEAM, THE PAPERS SHED NEW LIGHT ON THE PATHOPHYSIOLOGICAL MECHANISM OF THE GENERATION AND PROPAGATION OF EPILEPSY ACTIVITY IN THE CONTEXT OF THIS DISORDER AS A NETWORK DISEASE. A NEW COMMAND CENTER OPENED AT COOK CHILDREN'S - FORT WORTH IN 2023 SERVES AS A SAFETY HUB TO MONITOR AND RESPOND TO EMERGENCIES. THE NEW SPACE PROVIDES A CENTRALIZED LOCATION FOR LEADERS ACROSS COOK CHILDREN'S HEALTH CARE SYSTEM TO COORDINATE THEIR RESPONSE TO AN EMERGENCY, SUCH AS A NATURAL DISASTER THAT AFFECTS CAMPUS OPERATIONS OR AN EVENT THAT BRINGS A FLOOD OF PATIENTS TO THE EMERGENCY DEPARTMENT. IT IS EQUIPPED WITH TECHNOLOGY THAT ALLOWS TEAMS TO GATHER AND SHARE INFORMATION QUICKLY. EXCEEDING EXPECTATIONS COOK CHILDREN'S MEDICAL CENTER CONTINUALLY PURSUES QUALITY, SAFETY AND COMMUNICATION. FOR FY23, ELIGIBLE EMPLOYEES WERE AWARDED A CARE SHARE BONUS FOR REACHING THE LIHOOD TO RECOMMEND" PATIENT EXPERIENCE GOAL OF 86%. EACH YEAR BRINGS A NEW BATCH OF AWARDS AND RECOGNITIONS FOR THE HOSPITAL, ITS SERVICES AND ITS PROVIDERS. IN 2023, U.S. NEWS AND WORLD REPORT RANKED SIX COOK CHILDREN'S SPECIALTIES AMONG THE TOP 50 IN THE NATION. THEY INCLUDE PEDIATRIC NEUROLOGY AND NEUROSURGERY, PEDIATRIC DIABETES AND ENDOCRINOLOGY, PEDIATRIC ORTHOPEDICS, PEDIATRIC PULMONOLOGY AND LUNG SURGERY, PEDIATRIC CARDIOLOGY AND HEART SURGERY AND PEDIATRIC CANCER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee - Vice Chairman End 05/23 | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Vice Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Sec/treasurer End 05/23 | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee - Secretary/treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee End 05/23 | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Linbeck Group Llc Construction | 9/29/23 | $62,222,338 |
Dynamic Systems Inc Construction | 9/29/23 | $16,613,869 |
Cura Revenue Cycle Management Collection Services | 9/29/23 | $2,993,693 |
Fisk Electric Co Construction | 9/29/23 | $7,923,277 |
Hks Inc Professional Services | 9/29/23 | $2,197,129 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,806,055 |
Investment income | $272,301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $58,522 |
Net Gain/Loss on Asset Sales | $29,970 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,513,660,147 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $627,323 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $5,903,107 |
Compensation to disqualified persons | $78,168 |
Other salaries and wages | $293,149,604 |
Pension plan accruals and contributions | $14,928,966 |
Other employee benefits | $66,772,009 |
Payroll taxes | $21,558,582 |
Fees for services: Management | $204,716,024 |
Fees for services: Legal | $1,213,900 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,612,336 |
Advertising and promotion | $28,915 |
Office expenses | $5,295,554 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,731,872 |
Travel | $208,904 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $244,989 |
Interest | $13,713,077 |
Payments to affiliates | $9,003,850 |
Depreciation, depletion, and amortization | $56,662,577 |
Insurance | $1,958,866 |
All other expenses | $0 |
Total functional expenses | $1,155,105,021 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,350 |
Savings and temporary cash investments | $813,189,653 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $210,785,197 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,464,746 |
Inventories for sale or use | $14,491,511 |
Prepaid expenses and deferred charges | $643,447 |
Investments—publicly traded securities | $6,212,941 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,682,491 |
Other assets | $209,847,857 |
Total assets | $1,871,901,068 |
Accounts payable and accrued expenses | $89,834,410 |
Grants payable | $0 |
Deferred revenue | $150,545 |
Tax-exempt bond liabilities | $494,289,995 |
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 | $39,959,813 |
Total liabilities | $624,234,763 |
Net assets without donor restrictions | $1,247,666,305 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $1,247,666,305 |
Over the last fiscal year, Cook Childrens Medical Center has awarded $92,852,088 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
COOK CHILDREN'S PHYSICIAN NETWORK PURPOSE: subsidize operations | $92,789,588 |
MARCH OF DIMES PURPOSE: sponsorship | $10,000 |
JUNIOR LEAGE OF FORT WORTH PURPOSE: sponsorship | $35,000 |
RONALD MCDONALD HOUSE PURPOSE: sponsorship | $10,000 |
JUVENILE DIABETES RESEARCH FOUNDATION PURPOSE: sponsorship | $7,500 |