CHILDREN'S HEALTH CARE (EIN 411754276) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

BRENDA MCCORMICK

Phone

6128136000

Tax Period

2023-01-01 to 2023-12-31

CHILDREN'S HEALTH CARE, founded in 1995, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023.

Mission

CHILDREN'S HOSPITALS AND CLINICS OF MN CHAMPIONS THE SPECIAL NEEDS OF CHILDREN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,777,014

Program Service Revenue $1,053,511,267

Investment Income $49,987,335

Other Revenue $185,404

TOTAL REVENUE $1,138,461,020

Expense Breakdown

Grants Paid $4,992,456

Salaries & Benefits $628,422,052

Fundraising Expenses $0

Program Expenses $977,270,696

Other Expenses $490,727,038

TOTAL EXPENSES $1,124,141,546

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,138,461,020	$1,057,316,128	+0.1%
Expenses	$1,124,141,546	$1,019,682,232	+0.1%
Net Income	$14,319,474	$37,633,896	-0.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

6590

Volunteers

332

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$8,975,633

Total Directors

$5,027,136

Key Employees

$4,353,549

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
A KADE GOEPFERD	CHIEF OF ED & FORMER BOARD MEMBER (THRU 3/23)	50.00	Director	$476,194	$17,613	$493,807
ANDREW PUGH	SVP CHIEF LEGAL OFFICER	48.00	Officer Director	$605,205	$44,256	$649,461
ANNA RICHO	BOARD MEMBER	1.00	Director	$0	$0	$0
ARCHELLE GEORGIOU	BOARD MEMBER, CHAIR	1.00	Officer Director	$0	$0	$0
BRENDA MCCORMICK	SVP AND CFO	47.00	Officer Director	$916,032	$44,336	$960,368
BROOKE MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN SMALLWOOD	BOARD MEMBER (THRU 3/23)	1.00	Director	$0	$0	$0
CHRIS HEDBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
DAMU MCCOY	BOARD MEMBER	1.00	Director	$0	$0	$0
DENEEN VOJTA	BOARD MEMBER (THRU (3/23)	1.00	Director	$0	$0	$0
GARFIELD BOWEN	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY BLACKFORD	BOARD MEMBER, VICE CHAIR (THRU 3/23)	1.00	Officer Director	$0	$0	$0
JEAN KANE	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF VON GILLERN	BOARD MEMBER/TREASURER	1.00	Director	$0	$0	$0
JILL SCHURTZ	BOARD MEMBER (THRU (3/23)	1.00	Director	$0	$0	$0
JIM LESLIE	BOARD MEMBER	1.00	Director	$0	$0	$0
JJ KUHN	BOARD MEMBER, CHAIR ELECT	1.00	Director	$0	$0	$0
LINDA HALL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARC GORELICK MD	PRESIDENT & CEO	47.00	Officer Director	$1,732,513	$356,578	$2,089,091
MATT BILUNAS	BOARD MEMBER, TREASURER (THRU 8/23)	1.00	Officer Director	$0	$0	$0
SHELLY CARTHEN WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS GOODMANSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM MIZE	MD RADIOLOGY, BOARD MEMBER	47.00	Director	$763,064	$31,184	$834,409
CAROLINE NJAU	SVP PATIENT CARE SVCS & CN	50.00	Officer	$561,145	$31,638	$592,783
DAVID LUNDAL	SVP CIO	50.00	Officer	$596,875	$44,239	$641,114
EMILY CHAPMAN MD	SVP MEDICAL AFFAIRS & CMO	50.00	Officer	$863,236	$30,941	$894,177
JAMES BURROUGHS	SVP GOVT & COMM RELATIONS/CEIO	50.00	Officer	$393,037	$27,183	$420,220
JENNIFER OLSON MARKET	SVP & COO (THRU 9/23)	48.00	Officer	$1,174,878	$860,360	$2,035,238
JENNY SODERHOLM	FOUNDATION PRESIDENT	18.00	Officer	$231,689	$31,213	$693,181
ANDREW BERNDT	VP CLINICAL SERVICES	50.00	Key Emp	$236,932	$39,964	$276,896
ANUPAM KHARBANDA MD	CLINICAL VP, CHIEF OF CRITICAL CARE	50.00	Key Emp	$502,601	$23,567	$526,168
JAMES LESTE	VP OPERATIONS	50.00	Key Emp	$432,747	$48,300	$481,047
LAURIN CATHEY	SVP & CHRO	50.00	Key Emp	$566,203	$37,762	$603,965
MONICA SCHILLER	VP AMBULATORY SERVICES	40.00	Key Emp	$305,256	$39,040	$420,610
PAMELA GIGI CHAWLA MD	VP CHIEF OF GENERAL PEDIAT	40.00	Key Emp	$409,679	$45,281	$557,380
SUSAN SENCER	VP CHIEF SPECIALTY PEDIATR	50.00	Key Emp	$517,670	$64,188	$581,858
SUSAN SLOCUM	CHIEF INVESTMENT OFFICER	50.00	Key Emp	$310,041	$22,520	$332,561
TIMOTHY LANDER	CLINICAL VP, CHIEF OF SURGERY	47.00	Key Emp	$514,786	$31,184	$573,064
ANDREA LAMPLAND MD	MEDICAL DIRECTOR NEONATOLO	50.00	Highest	$756,132	$49,181	$805,313
KYLE HALVORSON MD	STAFF PHYSICIAN	50.00	Highest	$1,136,116	$15,420	$1,151,536
MEYSAM KEBRIAEI MD	STAFF PHYSICIAN	50.00	Highest	$1,197,285	$47,349	$1,244,634
SACHIN PATEL	STAFF PHYSICIAN	50.00	Highest	$751,404	$47,483	$798,887
SHILPA HEDGE	STAFF PHYSICIAN	50.00	Highest	$698,106	$23,733	$721,839
KRISTIN PETERSON	FORMER VP ACUTE CARE/CLINICAL OPS	50.00		$133,817	$21,941	$155,758

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,138,461,020	$1,124,141,546	$1,849,417,742	$14,319,474
2022	$1,057,316,128	$1,019,682,232	$1,731,037,973	$37,633,896
2021	$1,074,349,138	$940,528,861	$1,842,770,159	$133,820,277
2020	$867,625,507	$872,835,125	$1,663,546,137	$-5,209,618
2019	$979,158,426	$911,764,576	$1,501,437,326	$67,393,850
2018	$954,151,481	$869,048,377	$1,352,722,146	$85,103,104

CHILDREN'S HEALTH CARE