Childrens Miracle Network, operating under the name Children's Miracle Network Hospitals, is located in Salt Lake City, UT. The organization was established in 1983. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Children's Miracle Network Hospitals employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Miracle Network Hospitals 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 12/2021, Children's Miracle Network Hospitals generated $48.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $40.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHILDREN'S MIRACLE NETWORK (D/B/A "CHILDREN'S MIRACLE NETWORK HOSPITALS") WORKS TO SAVE KIDS' LIVES BY RAISING FUNDS AND AWARENESS FOR CHILDREN'S HOSPITALS ACROSS NORTH AMERICA.
Describe the Organization's Program Activity:
FUNDS RAISED THROUGH CHILDREN'S MIRACLE NETWORK HOSPITALS CAMPAIGNS AND PROGRAMS ARE UNUSUAL FOR TWO KEY REASONS:1. FUNDS STAY IN THE COMMUNITY WHERE THEY ARE DONATED; AND2. HOSPITALS ASSESS THEIR CURRENT AND FUTURE NEEDS TO DETERMINE THE BEST ALLOCATION OF FUNDS. FUNDS ARE MOST COMMONLY USED FOR ADVANCEMENT SERVICES, CHARITABLE CARE, EDUCATION, EQUIPMENT, PATIENT SERVICES AND RESEARCH.CHILDREN'S MIRACLE NETWORK HOSPITALS' DONATION STRUCTURE PROVIDES CONTRIBUTORS WITH THE ASSURANCE THEIR DONATIONS HELP KIDS IN THE LOCAL COMMUNITY FOR THE MOST PRESSING NEEDS.IN 2021, THE COMBINED EFFORTS OF CHILDREN'S MIRACLE NETWORK HOSPITALS AND ITS PARTNERS RAISED MORE THAN $411 MILLION TO HELP KIDS WHO RECEIVE CARE AT MEMBER HOSPITALS. CHILDREN'S MIRACLE NETWORK HOSPITALS DONATIONS ARE DISTRIBUTED AS DISCRETIONARY FUNDS TO EACH HOSPITAL, ALLOWING THEM TO ADDRESS THE MOST CRITICAL CHILDREN'S HEALTHCARE NEEDS IN THEIR RESPECTIVE COMMUNITIES.EACH YEAR, THE 170 MEMBER HOSPITALS OF CHILDREN'S MIRACLE NETWORK HOSPITALS PROVIDE MEDICAL CARE TO MORE THAN 10 MILLION CHILDREN THROUGH MORE THAN 32 MILLION PATIENT VISITS, PROVIDING THE VAST MAJORITY OF HIGHLY SPECIALIZED CARE FOR CHILDREN WITH COMPLEX AND RARE CONDITIONS, IN ADDITION TO ROUTINE AND EMERGENCY CASES. IN 2021, CHILDREN'S MIRACLE NETWORK HOSPITALS FUNDS HELPED PROVIDE THE FOLLOWING FOR CHILDREN'S HOSPITALS ACROSS THE UNITED STATES AND CANADA.ADVANCEMENT SERVICES: CHILDREN'S MIRACLE NETWORK HOSPTIALS RAISED $94,587,177 TO SUPPORT THINGS LIKE CONSTRUCTION AND CAPTIAL EXPENDITURES TO ENSURE CHILDREN'S HOSPITALS HAVE WHAT THEY NEED TO HELP ENSURE CHILDREN HAVE THE BEST CARE IN THE FUTURE.CHARITABLE CARE: $57,574,804 WAS RAISED TO SUPPORT PATIENT CARE FOR CHILDREN AND FAMILIES WHEN THEY NEED IT MOST. THESE FUNDS CAN INCLUDE MEDICAL BILLS, TRAVEL ASSISTANCE, HOME EXPENSES AND BEYOND.EDUCATION: CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $32,899,888 TO SUPPORT CHILDREN'S HOSPITALS EDUCATION INITIATIVES RANGING FROM CARSEAT SAFETY CLASSES AND CHILDREN'S HOSPITALS' HEALTH AND WELLNESS INITIATIVES TO PATIENTS' CLASSROOM NEEDS.EQUIPMENT: EQUIPMENT AT CHILDREN'S HOSPITALS MUST BE CUSTOMIZED TO EVERY CHILD'S SIZE AND AGE, GREATLY MULTIPLYING THE EXPENSES INCURRED AT CHILDREN'S HOSPITALS. IN 2021, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $98,699,663 TO SUPPORT AND FUND EQUIPMENT NEEDS AT CHILDRENS HOSPITALS ACROSS THE U.S. AND CANADA.PATIENT SERVICES: THE QUALITY CARE THAT PATIENTS AND FAMILIES RECEIVE AT CHILDREN'S HOSPITALS IS KEY TO SUCCESSFUL OUTCOMES. SERVICES LIKE CHILD LIFE ARE COMPLETELY DEPENDENT ON PHILANTHROPY AND ARE CRITICAL ROLES WITHIN A CHILDREN'S HOSPITAL. IN 2021, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $98,699,663 TO SUPPORT PATIENT CARE.RESEARCH: CHILDREN'S HOSPITALS ARE CHANGING THE FUTURE OF PEDIATRIC HEALTHCARE. WITH INNOVATIVE, TRANSFORMATIONAL RESEARCH, THEY ARE IMPROVING OUTCOMES AND TREATMENTS FOR PATIENTS REGULARLY. LAST YEAR, CHILDREN'S MIRACLE NETWORK HOSPITALS RAISED $28,787,402 TO SUPPORT RESEARCH EFFORTS AT CHILDREN'S HOSPITALS ACROSS THE U.S. AND CANADA.
CHILDREN'S MIRACLE NETWORK HOSPITALS HAS CULTIVATED RELATIONSHIPS AND PARTNERED WITH A WIDE RANGE OF NATIONAL CORPORATE AND MEDIA PARTNERS TO CREATE AWARENESS OF THE NEEDS OF CHILDREN'S HOSPITALS AND PUBLIC EDUCATION PROGRAMS. NATIONAL PUBLIC AWARENESS IS GENERATED THROUGH RADIO, ONLINE, SOCIAL MEDIA AND TELEVISION PROGRAMMING, OFTEN FOCUSING ON THE STORIES OF CHILDREN AND THEIR FAMILIES WHO HAVE EXPERIENCED SERIOUS ILLNESSES OR INJURIES AND WERE CARED FOR AT A LOCAL CHILDREN'S HOSPITAL.KEY CHILDREN'S MIRACLE NETWORK HOSPITAL PUBLIC EDUCATION AND AWARENESS CAMPAIGNS IN 2021 INCLUDE:-CHILDREN'S MIRACLE NETWORK HOSPITALS TELETHONS;-CHILDREN'S MIRACLE NETWORK HOSPITALS RADIOTHONS;-CHILDREN'S MIRACLE NETWORK HOSPITALS CHAMPIONS PROGRAM, WHERE ONE CHILD FROM EACH HOSPITAL IS SELECTED TO SERVE AS AN AMBASSADOR, REPRESENTING THEIR HOSPITAL AND SHARING THE IMPORTANT WORK OF CHILDREN'S HOSPITALS; AND-LOCAL MEDIA PUBLIC SERVICE ANNOUNCEMENTS FEAUTRING PATIENTS TREATED AT CHILDREN'S HOSPTIALS CHILDREN HELPED IN 2021MORE THAN 10 MILLION KIDS ARE TREATED AT MEMBER HOSPITALS EVERY YEAR. A FEW EXAMPLES OF PATIENTS WHO HAVE BENEFITED FROM CHILDREN'S MIRACLE NETWORK HOSPITALS FUNDS:AVA PAIGE SEVENTEEN-YEAR-OLD SINGER-SONGWRITER, AVA PAIGE EXPRESSES HERSELF THROUGH MUSIC. ON A MUSICAL TOUR, SHE HIT A LOW NOTE, FEELING WEAK. SOON AFTER SHE WAS DIAGNOSED WITH ACUTE LYMPHOBLASTIC LEUKEMIA AND SPENT 47 DAYS IN HER CHILDREN'S HOSPITAL. IT WAS A DIFFICULT TIME FOR HER. EARLY IN HER TREATMENT, AVA PAIGE EXPERIENCED MANY SIDE EFFECTS INCLUDING A FUNGAL INFECTION IN HER NOSE AND NEEDED SURGERY TO CORRECT IT. IN DECEMBER 2021, AVA PAIGE COMPLETED HER TWO-AND-A-HALF-YEAR TREATMENT PLAN AND IS SINGING FROM THE ROOFTOPS: SHE IS CANCER FREE! DONATIONS TO CHILDREN'S MIRACLE NETWORK HOSPITALS HELPED PROVIDE THE TREATMENTS THAT LED TO HER REMISSION. SHE IS BACK TO PERFORMING HER ORIGINAL MUSIC ACROSS THE COUNTRY, INCLUDING THE HOSPITAL'S SEACREST STUDIO, A BROADCASTING AND RECORDING STUDIO FUNDED BY DONATIONS FROM CHILDREN'S MIRACLE NETWORK HOSPITALS PARTNERS. JORDENJORDEN CAME TO THE EMERGENCY ROOM AT MARIA FARERI CHILDREN'S HOSPITAL AFTER FOUR DAYS OF HIGH FEVERS AND SEVERAL OTHER SYMPTOMS OF AN ILLNESS SEEN IN PEDIATRIC PATIENTS RELATED TO CORONAVIRUS INFECTION. LAB TESTS SHOWED EVIDENCE OF MASSIVE INFLAMMATION, SO JORDEN WAS ADMITTED TO THE PEDIATRIC ICU. AS HIS HEART FUNCTION DECLINED, HE WAS PLACED ON A BREATHING TUBE AND VENTILATOR AND EVENTUALLY AN ECMO (EXTRACORPOREAL MEMBRANE OXYGENATION), WHERE ALL OF THE BLOOD FROM THE BODY IS PASSED THROUGH AN EXTERNAL HEART AND LUNG. THIS GUARANTEES THE BLOOD RECEIVES SUFFICIENT OXYGEN WHILE ALLOWING JORDEN'S SICK HEART TO REST AND RECOVER. AFTER THREE DAYS ON LIFE SUPPORT, DOCTORS FELT THAT JORDEN WOULD BENEFIT FROM A PROCEDURE TO CREATE A HOLE IN HIS HEART ALLOWING THE HEART AND LUNGS TO HEAL FASTER. HE WAS REMOVED FROM ECMO THE NEXT DAY AND HIS HEART FUNCTION IMPROVED TO NORMAL AND AFTER A FEW DAYS WAS ABLE TO FULLY BREATHE ON HIS OWN. JORDEN WAS SENT TO REHABILITATION TO RE-LEARN HOW TO EAT AND TO GAIN STRENGTH. JORDEN IS NOW AT HOME AND DOING FANTASTICALLY.BENJAMINBENJAMIN HAS CHRONIC RECURRENT MULTIFOCAL OSTEOMYELITIS, A RARE DISORDER THAT CAUSES IMMENSE BONE PAIN. SOME DAYS IT'S DIFFICULT FOR HIM TO WALK FROM HIS BEDROOM TO THE KITCHEN. THIS CONDITION CAUSES HIS BODY TO ATTACK ITSELF AND TO EAT HOLES IN HIS BONE MARROW. HIS BODY'S NATURAL REACTION OF FILLING THE HOLES WITH MORE BONE CAUSES THE PAIN. LITTLE IS KNOWN ABOUT THE DISORDER AND THERE IS NO CURE. AT HIS LOCAL MEMBER CHILDREN'S HOSPITAL, CAREGIVERS CLOSELY MONITOR BENJAMIN AND PROVIDE TREATMENTS TO PREVENT ABNORMAL BONE GROWTH AND RELIEVE HIS PAIN. WHEN BENJAMIN WAS YOUNGER, CHILD LIFE SPECIALISTS, WHOSE VITAL CARE IS FUNDED BY DONATIONS TO CHILDREN'S MIRACLE NETWORK HOSPITALS, HELPED BENJAMIN LEARN ABOUT HIS CONDITION AND PROVIDED HIM COMFORT DURING TREATMENT. BENJAMIN WILL LIVE WITH THIS CONDITION HIS WHOLE LIFE, BUT THANKS TO HIS CARE TEAM HE CAN MANAGE HIS PAIN AND LIVE NORMALLY: ATTENDING HIGH SCHOOL, PARTICIPATING IN BOY SCOUTS, SWIMMING REGULARLY, AND CARING FOR HIS FAMILY'S CHICKENS.ABOUT THE NETWORKAS AN UMBRELLA ORGANIZATION FOR 170 CHILDREN'S HOSPITALS, CHILDREN'S MIRACLE NETWORK HOSPITALS PROVIDES COMPREHENSIVE EDUCATION, SUPPORT, INFORMATION AND RESOURCES TO ITS NETWORK FOR RAISING FUNDS, CREATING AWARENESS AND PUBLIC EDUCATION PROGRAMS FOR CHILDREN'S HEALTHCARE NEEDS AND THE IMPORTANT WORK OF THE HOSPITALS CARING FOR THEM. TO JOIN THE NETWORK, A HOSPITAL SIGNS A MEMBERSHIP AGREEMENT AND IS PROVIDED WITH AN ANNUAL EDUCATION CONFERENCE; REGIONAL CONFERENCES, MONTHLY NATIONAL CONFERENCE CALLS; ONLINE EDUCATION, INFORMATION AND NETWORKING TOOLS; PUBLICATIONS, TRAINING AND PROGRAM CONTENT FOR RADIO AND TELEVISION SPONSORS; AND TRAINING SUPPORT FOR AFFILIATES IN NATIONAL PROGRAMS AS APPROPRIATE AND NECESSARY TO ACHIEVE THE ORGANIZATION'S PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teri Nestel President & CEO | Officer | 45 | $517,797 |
Clark Sweat Chief Operations Officer | Officer | 45 | $343,014 |
Jenni Debartolo SVP Human Resources | 40 | $342,268 | |
Maureen Carlson Chief Program Officer | Officer | 45 | $294,050 |
Frances Fu Chief Financial Officer | Officer | 45 | $221,898 |
Anthony Rehmer SVP Information Services | 40 | $214,256 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Global Cloud Ltd Peer-to-peer Fundraising Software | 12/30/21 | $1,529,768 |
Calmark Inc Mailing Services | 12/30/21 | $973,924 |
Nicasource Llc Build And Maintain Software Applications | 12/30/21 | $553,961 |
Calmark Group Llc Mailing Services | 12/30/21 | $388,987 |
Cornerstone Technologies Llc Event Production | 12/30/21 | $273,411 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,472,900 |
All other contributions, gifts, grants, and similar amounts not included above | $8,066,386 |
Noncash contributions included in lines 1a–1f | $71,964 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,539,286 |
Total Program Service Revenue | $34,364,375 |
Investment income | $1,126,395 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $606,679 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,583,643 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $48,445,595 |
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. | $1,928,811 |
Compensation of current officers, directors, key employees. | $374,905 |
Compensation to disqualified persons | $323,693 |
Other salaries and wages | $15,289,270 |
Pension plan accruals and contributions | $2,343,807 |
Other employee benefits | $2,352,715 |
Payroll taxes | $1,228,004 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,037 |
Fees for services: Accounting | $92,038 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $112,846 |
Fees for services: Other | $1,633,768 |
Advertising and promotion | $1,202,041 |
Office expenses | $222,700 |
Information technology | $329,575 |
Royalties | $0 |
Occupancy | $190,864 |
Travel | $660,492 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $13,807 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $419,070 |
Insurance | $107,376 |
All other expenses | $337,421 |
Total functional expenses | $40,889,315 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,562,095 |
Savings and temporary cash investments | $59,236,753 |
Pledges and grants receivable | $1,333,708 |
Accounts receivable, net | $3,552,033 |
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 | $1,172,829 |
Net Land, buildings, and equipment | $6,465,992 |
Investments—publicly traded securities | $29,674,979 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $141,998,389 |
Accounts payable and accrued expenses | $3,153,985 |
Grants payable | $0 |
Deferred revenue | $20,906,450 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $59,236,753 |
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 | $0 |
Total liabilities | $83,297,188 |
Net assets without donor restrictions | $51,387,562 |
Net assets with donor restrictions | $7,313,639 |
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 | $141,998,389 |
Over the last fiscal year, we have identified 3 grants that Childrens Miracle Network has recieved totaling $330.
Awarding Organization | Amount |
---|---|
Max Fund Inc Mequon, WI PURPOSE: OPERATING EXPENSES | $180 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Beg. Balance | $6,972,719 |
Earnings | $1,013,994 |
Ending Balance | $7,986,713 |
Organization Name | Assets | Revenue |
---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Childrens Miracle Network Salt Lake City, UT | $141,998,389 | $48,445,595 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Jeffco Action Center Inc Lakewood, CO | $11,439,169 | $24,458,851 |
The Housing Company Boise, ID | $54,365,926 | $13,345,868 |
Lake Mead Christian Ministries Henderson, NV | $10,080,445 | $5,975,624 |
Sunrise Childrens Foundation Las Vegas, NV | $7,660,611 | $10,104,124 |
Clark County Public Education Foundation Inc Las Vegas, NV | $20,645,889 | $7,373,983 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |
National Endowment For Financial Education Denver, CO | $147,623,294 | $20,278,344 |