CHILDREN'S NURSING SPECIALTIES INC

EIN: 593796997 501(c)(3) Health Care

PORTLAND, OR

Total Revenue
$2,953,877
Total Expenses
$3,001,991
Total Assets
$1,819,067
Net Assets
$1,684,085
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OR
Principal Officer
ROBIN REED
Phone
5039682401
Tax Period
2023-01-01 to 2023-12-31

CHILDREN'S NURSING SPECIALTIES INC, founded in 2005, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE IN HOME PROFESSIONAL NURSING SHIFT CARE TO MEDICALLY FRAGILE CHILDREN AND YOUNG ADULTS WITH THE GOAL OF MAINTAINING FAMILY RELATIONSHIPS AND TOGETHERNESS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,118
Program Service Revenue $2,909,679
Investment Income $10,402
Other Revenue $11,678
TOTAL REVENUE $2,953,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,685,130
Fundraising Expenses $1,292
Program Expenses $2,200,271
Other Expenses $316,861
TOTAL EXPENSES $3,001,991

Year-over-Year Comparison

2023 2022 Change
Revenue $2,953,877 $3,150,294 -0.1%
Expenses $3,001,991 $3,477,990 -0.1%
Net Income $-48,114 $-327,696 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
Employees
42
Volunteers
9

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
5
$165,040
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE BLIZZARD TREASURER 4.50
Officer
$0 $0 $0
BARBARA BRYNELSON MD CO-CHAIR 4.50
Officer
$0 $0 $0
CHRISTINA M COLE BOARD MEMBER 2.50
Director
$0 $0 $0
CHRIS DELANO CO-CHAIR 4.50
Officer
$0 $0 $0
KERRI GRINDELAND SECRETARY 4.50
Officer
$0 $0 $0
SHANNON MASHINCHI BOARD MEMBER 2.50
Director
$0 $0 $0
WALTER A SWAN JR BOARD MEMBER 2.50
Director
$0 $0 $0
ROBIN REED EXECUTIVE DI 40.00
Officer
$155,283 $9,757 $165,040
MICHAEL BRYAN NURSE 40.00
Highest
$104,100 $9,839 $113,939
HONG HOANG NURSE 40.00
Highest
$100,994 $9,825 $110,819
JANET MCWAYNE NURSE 40.00
Highest
$101,090 $3,202 $104,292
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 $2,953,877 $3,001,991 $1,819,067 $-48,114
2022 $3,150,294 $3,477,990 $1,862,789 $-327,696
2021 $5,114,762 $5,010,976 $2,215,735 $103,786
2020 $6,357,939 $5,582,274 $2,157,446 $775,665
2019 $5,635,576 $5,678,436 $1,527,604 $-42,860
2018 $4,760,710 $4,909,273 $1,555,611 $-148,563
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