Arkansas Childrens Northwest Inc
- Assets
- $198.3m
- Revenue
- $80.3m
- Investments
- $0.0
- Employees
- 501
- Location
- Little Rock, AR
- Founding
- 01/2016
- Data as of
- 06/2020
- EIN
- 81-0817660
Organization Overview
Arkansas Childrens Northwest Inc is located in Little Rock, AR. The organization was established in 2016. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Arkansas Childrens Northwest Inc employed 501 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Childrens Northwest Inc 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 06/2020, Arkansas Childrens Northwest Inc generated $80.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $63.5m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE CHAMPION CHILDREN BY MAKING THEM BETTER TODAY AND HEALTHIER TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARKANSAS CHILDREN'S NORTHWEST (ACNW) IS A PEDIATRIC HOSPITAL LOCATED IN SPRINGDALE, ARKANSAS THAT OPENED ON FEBRUARY 27, 2018. THE HOSPITAL IS 233,613 SQUARE FEET THAT INCLUDES INPATIENT BEDS, EMERGENCY CARE, DIAGNOSTIC SERVICES AND CLINIC SPACE. THE 37-ACRE CAMPUS INCLUDES NATURE TRAILS AND GARDENS FOR PATIENTS AND THEIR FAMILIES. DURING THE YEAR ENDED JUNE 30, 2021, ACNW'S UTILIZATION WAS AS FOLLOWS: 2,173 ADMISSIONS WITH AN AVERAGE STAY OF 1.86 DAYS; 3,880 PATIENT DAYS; 10.6 AVERAGE DAILY CENSUS; 42,298 OUTPATIENT VISITS, EXCLUDING ER VISITS WHICH WERE 22,594; AND 3,397 SURGERIES. CONTINUED ON SCHEDULE O.ACNW, THE REGION'S FIRST AND ONLY PEDIATRIC HOSPITAL, WILL ADVANCE PEDIATRIC HEALTHCARE IN THE NORTHWEST PORTION OF ARKANSAS AND PROVIDE CARE CLOSE TO HOME FOR MORE THAN 200,000 CHILDREN IN THE REGION BY PROVIDING THE FOLLOWING SERVICES:*24 INPATIENT BEDS TO CARE FOR CHILDREN REQUIRING OVERNIGHT STAYS*24-HOUR PEDIATRIC EMERGENCY DEPARTMENT*AN OUTPATIENT CLINIC WITH 30 EXAM ROOMS SUPPORTING MORE THAN 20 SUBSPECIALTY AREAS AND A PRIMARY CARE CLINIC*PEDIATRIC SURGERY UNIT WITH 5 OPERATING ROOMS*A FULL RANGE OF ANCILLARY AND DIAGNOSTIC SERVICES*IMAGING CAPABILITIES (MRI, CT, ULTRASOUND, AND ROUTINE X-RAY)*DIAGNOSTIC SERVICES (INFUSION, PFT, EEG, ECHO, NEUROPHYSIOLOGY, AUDIOLOGY, AND REHABILITATION)*HELIPAD AND REFUELING STATION SUPPORTING THE HELICOPTER TRANSPORT TEAM, ONE OF THE NATION'S LEADING PEDIATRIC INTENSIVE CARE TRANSPORT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Montague Svp/chief Administrator (partial Yr) | Officer | 31.88 | $263,545 |
Michael Howard Vp/chief Nursing Officer | Officer | 50 | $220,200 |
Diana Mcdaniel Operations VP | Officer | 50 | $212,332 |
Keith Veit Patient Care Svc Director | Officer | 50 | $153,321 |
Jama Huntley Pharmacy Director | Officer | 50 | $151,827 |
Jeffrey Williams Staff Pharmacist | 40 | $136,193 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crothall Healthcare Patient Transport/evs/linen Services | 6/29/21 | $1,683,716 |
Allied Universal Security Service Security Services | 6/29/21 | $990,746 |
Biofire Diagnostics Clinical Diagnostic Testing | 6/29/21 | $1,031,806 |
Compass One Cafeteria Services | 6/29/21 | $1,425,708 |
Cross Country Staffing Staffing Services | 6/29/21 | $480,439 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,477,259 |
| Investment income | $476,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,328,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $18,199 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,885,722 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,689,023 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,237,287 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,314,674 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,955,491 |
| Advertising and promotion | $197,509 |
| Office expenses | $1,056,796 |
| Information technology | $1,631,757 |
| Royalties | $0 |
| Occupancy | $746,571 |
| Travel | $137,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,372 |
| Interest | $2,886,164 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,960,549 |
| Insurance | $349,560 |
| All other expenses | $0 |
| Total functional expenses | $63,501,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,936,218 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,494,570 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $789,762 |
| Prepaid expenses and deferred charges | $812,013 |
| Investments—publicly traded securities | $1,748,092 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,464,910 |
| Total assets | $198,332,902 |
| Accounts payable and accrued expenses | $3,587,561 |
| Grants payable | $0 |
| Deferred revenue | $6,114,013 |
| Tax-exempt bond liabilities | $76,473,956 |
| 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 | $306,760 |
| Total liabilities | $86,482,290 |
| Net assets without donor restrictions | $0 |
| 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 | $111,850,612 |
Grants Awarded
Over the last fiscal year, Arkansas Childrens Northwest Inc has awarded $11,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Springdale, AR PURPOSE: GENERAL SUPPORT | $6,000 |
Rogers, AR PURPOSE: GENERAL SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arkansas Childrens Northwest Inc has recieved totaling $10,600.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,600 |
Endowment Analysis
| Beg. Balance | $4,895,940 |
| Earnings | $1,332,000 |
| Net Contributions | $71,460 |
| Other Expense | $267,150 |
| Ending Balance | $6,032,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Texas Health Presbyterian Hospital Allen Allen, TX | $120,470,783 | $134,687,465 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
Scott & White Hospital-Marble Falls Dallas, TX | $136,173,748 | $124,570,042 |
Ascension Via Christi Hospital Pittsburg Inc St Louis, MO | $71,765,236 | $104,056,265 |
North Arkansas Regional Medical Center Harrison, AR | $103,662,052 | $107,685,242 |
Kings Daughters Medical Center Brookhaven, MS | $101,461,716 | $104,156,146 |
St Marys Hospital St Louis, MO | $116,545,110 | $120,225,742 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Baylor Scott & White Medical Center - Centennial Dallas, TX | $137,105,077 | $106,216,316 |