Rady Childrens Hospital And Health Center
- Assets
- $103.6m
- Revenue
- $4.1m
- Investments
- $24.9m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 11/1980
- Data as of
- 06/2021
- EIN
- 95-3545901
Organization Overview
Rady Childrens Hospital And Health Center is located in San Diego, CA. The organization was established in 1980. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rady Childrens Hospital And Health 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 06/2021, Rady Childrens Hospital And Health Center generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $102.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (39.6%) per year over the past 6 years. 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
THE ORGANIZATION MAINTAINS, OPERATES, AND RAISES FUNDS FOR, AND OTHERWISE SUPPORTS RADY CHILDREN'S HOSPITAL - SAN DIEGO.
Describe the Organization's Program Activity:
THE ORGANIZATION MAINTAINS, OPERATES, AND RAISES FUNDS FOR, AND OTHERWISE SUPPORTS RADY CHILDREN'S HOSPITAL - SAN DIEGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul J Hering Vice Chair | OfficerTrustee | 2 | $0 |
S Douglas Hutcheson Chair | OfficerTrustee | 4 | $0 |
Belinda Santos-Ramirez Board Admin & Chief Of Staff | Officer | 2 | $0 |
Angela M Vieira General Counsel | Officer | 2 | $0 |
Stephen Jennings Sr Vp, Exec Dir Foundation | Officer | 0 | $0 |
Nicholas Holmes MD Sr Vp, COO | Officer | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,013,145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,128,769 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,141,914 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,675 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $37,160 |
| Total functional expenses | $102,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,677,727 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $74,245,328 |
| Investments—other securities | $24,944,671 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,762,659 |
| Total assets | $103,630,385 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $230,102 |
| Total liabilities | $230,102 |
| Net assets without donor restrictions | $102,638,747 |
| Net assets with donor restrictions | $761,536 |
| 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 | $103,630,385 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Rady Childrens Hospital And Health Center has recieved totaling $151,389.
| Awarding Organization | Amount |
|---|---|
Price Philanthropies Foundation La Jolla, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Price Philanthropies Foundation La Jolla, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $28,945 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,896 |
Give Back Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $7,302 |
Gamers Outreach Foundation Saline, MI PURPOSE: PROGRAM SERVICE ACCOMPLISHMENT I | $5,653 |
Endowment Analysis
| Beg. Balance | $114,591,220 |
| Earnings | $29,121,590 |
| Admin Expense | $70,538 |
| Net Contributions | $4,258,030 |
| Other Expense | $3,568,781 |
| Ending Balance | $144,331,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Casa Colina Hospital And Centers For Healthcare Pomona, CA | $87,824,424 | $102,811,572 |
Orthopaedic Hospital Los Angeles, CA | $321,251,598 | $66,783,859 |
Childrens Hospital At Mission Orange, CA | $55,659,576 | $65,022,734 |
Barlow Respiratory Hospital Los Angeles, CA | $108,306,008 | $66,669,998 |
Rehabilitation Hospital Of The Pacific Honolulu, HI | $92,438,994 | $51,014,066 |
Choc Foundation Orange, CA | $110,874,633 | $39,351,091 |
Hacienda Inc Phoenix, AZ | $14,483,649 | $24,771,824 |
Translational Pulmonary And Immunology Research Center Long Beach, CA | $5,349,856 | $21,502,717 |
Spectrum Medical Care Center Phoenix, AZ | $14,172,193 | $21,663,529 |
Gary And Mary West Senior Services Inc San Marcos, CA | $11,843,166 | $19,915,431 |
Center For Comprehensive Care And Diagnosis Of Inherited Blood Santa Anna, CA | $53,330,145 | $11,525,331 |
Doernbecher Childrens Hospital Foundation Portland, OR | $92,737,460 | $15,494,612 |