WI Cook Foundation Inc

EIN: 752051649 501(c)(3) Health Care

Fort Worth, TX

Total Revenue
$95,102,171
Total Expenses
$65,381,749
Total Assets
$4,613,436,734
Net Assets
$4,504,868,295
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
TX
Phone
6828854000
Tax Period
2023-10-01 to 2024-09-30

WI Cook Foundation Inc, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $95.1M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29.7M, a strong 31% operating margin.

Mission

KNOWING THAT EVERY CHILD'S LIFE IS SACRED, OUR PROMISE IS TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH PREVENTION AND TREATMENT OF ILLNESS, DISEASE, AND INJURY.

Program Service Accomplishments

Program 1
Expenses: $50,528,932 Revenue: $0

Donations to Cook Children's Health Foundation allow us to care for our families when and how they need us. Sometimes that's by providing new technology or equipment, funding research trials, helping...

Read more

Donations to Cook Children's Health Foundation allow us to care for our families when and how they need us. Sometimes that's by providing new technology or equipment, funding research trials, helping a family with prescription medication costs or by giving a parent a clean change of clothes during an unexpected stay. Our Health Foundation helps connect the dots between those who want to help and the needs of our patients. Many gifts fund a number of vital programs each year, these three areas highlight perfectly how the support we receive from our communities helps create the magical experiences for which Cook Children's is known. Funding Care Close to Home Cook Children's believes all children deserve access to health care, no matter their zip code. Seven community-based Neighborhood Health Centers (NHC) give families a home for primary medical care close to where they live, work and attend school. The free-standing pediatric clinics are located in low income neighborhoods identified as having inadequate access to primary care for children. Roughly 91% of NHC patients are Medicaid beneficiaries. Neighborhood Health Centers are staffed with doctors and other clinical support staff that provide at-risk children high-quality, comprehensive and culturally sensitive medical services from birth through their teen years, including well-child exams, vaccines, sick visits, nutrition, counseling, speech language intake services, and behavioral health evaluations. If a child has a chronic illness, the NHC provides a medical home that will coordinate complex care among other Cook Children's providers. If not for the NHCs, many of these families would turn to the emergency department (ED) for primary care at a cost much higher than a typical clinic visit. Neighborhood Health Centers are helping kids all across Cook Children's service area lead healthier, more productive lives. Each year the clinics lose a combined $10.4 million due to the high number of Medicaid beneficiaries. Philanthropic funds through the Health Foundation help fill these financial gaps so that Cook Children's can deliver on its Promise to improve the well-being of every child regardless of their family's ability to pay. In FY24, our generous donors met the growing need for additional NHCs. Because of their generosity, two more NHCs will be added to the Cook Children's roster for a total of nine. The Health Foundation secured over $7 million for the construction and programmatic costs for Las Vegas Trail NHC and Manhattan NHC. Those funds also support clinical operations in the existing seven centers. The generosity of Health Foundation donors helps sustain NHC services and gives all children the health care they deserve. Supporting New Discoveries Cook Children's is home to many of the best and brightest minds in pediatric health care. In addition to patient care, a number of our physicians conduct research that leads to new discoveries in medicine and advancements in patient care. The Endowed Chair program recognizes the great work of our innovative physicians who are advancing pediatric care along with Cook Children's research reputation. It allows physicians to be compensated for their time as they develop programs, participate in clinical research, write for national publications, make presentations on a national level and further elevate the regional, national and global prominence of their work. More importantly, it connects Cook Children's patients with groundbreaking research, novel therapies and state-of-the-art technologies that could significantly impact their care and health outcomes. In FY24, the Health Foundation secured a $3.5 million gift to purchase capital equipment for Neuro-Oncology Endowed Chair Focused Ultrasound research. Securing this gift ensures our physicians are poised to provide significant neuro-oncology research for the health and well-being of not only our patients, but children all across the globe. As Cook Children's anticipates increased funding needs in these two aforementioned areas of NHCs and Endowed Chairs, it is critical that we continue to solicit diversified gifts involving capital, programmatic and endowed gifts to these funding areas. Supporting Cook Children's Experience For decades Cook Children's has been at the forefront of providing holistic services to families such as Case Management, Child Life and Pastoral Care. Case Management in particular, helps provide a family's basic needs. When a child has an unexpected medical emergency or is experiencing a prolonged illness or treatment it can disrupt the family's ability to meet their basic needs. Meals, housing, utility bills - those things essential in life can leave a family vulnerable when faced with unexpected medical bills or costly prescriptions. Coupled with the fact that being present with your sick child means being away from work for days, weeks, even months at a time affecting a family's income. This is where our donor-funded case management comes in by helping to provide for families' basic needs so they can focus on the healing of their child. The Foundation continues to support these non-revenue generating areas through its efforts such as annual giving programs, third party events, Children's Miracle Network Hospitals, corporate, and mid-level giving. In FY24 alone, the Health Foundation raised over $2.3 million to help meet the needs of our patient families in these essential areas. It is these above-and-beyond-healthcare programs that make Cook Children's a magical and stellar institution treating the whole child, the whole family.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,151,998
Program Service Revenue $0
Investment Income $86,133,711
Other Revenue $-17,183,538
TOTAL REVENUE $95,102,171

Expense Breakdown

Grants Paid $30,386,469
Salaries & Benefits $11,199,848
Fundraising Expenses $8,020,015
Program Expenses $50,528,932
Other Expenses $23,529,238
TOTAL EXPENSES $65,381,749

Year-over-Year Comparison

2023 2022 Change
Revenue $95,102,171 $151,454,642 -0.4%
Expenses $65,381,749 $44,775,655 +0.5%
Net Income $29,720,422 $106,678,987 -0.7%
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

Sign In

Governance

Voting Members
32
Independent Members
32
Employees
44
Volunteers
87

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
11
$10,168,721
Total Directors
38
$0
Key Employees
3
$753,652
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Belen M Garren Trustee - Sec/Treasurer 2.0
Officer Director
$0 $0 $0
Peter L Philpott Trustee - Chairman 2.0
Officer Director
$0 $0 $0
Rick Sorenson Trustee - Vice Chair 2.0
Officer Director
$0 $0 $0
Andrew J Rosell Trustee 1.0
Director
$0 $0 $0
Andrew P Lombardi Trustee 1.0
Director
$0 $0 $0
Ashli Blumenfeld Trustee End 5/31/24 1.0
Director
$0 $0 $0
Benjamin A Rosenthal Trustee START 6/1/24 1.0
Director
$0 $0 $0
Brian C Crumley Trustee 1.0
Director
$0 $0 $0
Brian C Newby Trustee 1.0
Director
$0 $0 $0
Dale F Klose Trustee START 6/1/24 1.0
Director
$0 $0 $0
Frost R Prioleau Trustee End 5/31/24 1.0
Director
$0 $0 $0
Hadley Woerner Trustee 1.0
Director
$0 $0 $0
Harlington Peter Ku DDS Trustee 1.0
Director
$0 $0 $0
James E Webb Trustee 1.0
Director
$0 $0 $0
James Matthew Johnson Trustee END 5/31/24 1.0
Director
$0 $0 $0
Jerry R Conatser Trustee END 5/31/24 1.0
Director
$0 $0 $0
John Merrifield Trustee 1.0
Director
$0 $0 $0
Jon S Brumley Trustee END 5/31/24 1.0
Director
$0 $0 $0
Karl Biggs Trustee 1.0
Director
$0 $0 $0
Kathryn S Wells Trustee START 6/1/24 1.0
Director
$0 $0 $0
Kenneth Hampton Trustee 1.0
Director
$0 $0 $0
Laura Bird Trustee 1.0
Director
$0 $0 $0
Lisa H Jamieson Trustee END 5/31/24 1.0
Director
$0 $0 $0
Michael M Gonzalez Sr Trustee 1.0
Director
$0 $0 $0
Michael R Dike Trustee 1.0
Director
$0 $0 $0
Michael R Pavell Trustee 1.0
Director
$0 $0 $0
R Kyle Kight Trustee 1.0
Director
$0 $0 $0
R Russell Morton Trustee 1.0
Director
$0 $0 $0
Rachel R Werner Trustee 1.0
Director
$0 $0 $0
Richard W Dyess Trustee 1.0
Director
$0 $0 $0
Roger P Marcincuk Jr Trustee 1.0
Director
$0 $0 $0
Rosalind Evans Trustee 1.0
Director
$0 $0 $0
Victoria Puente-Peters Trustee 1.0
Director
$0 $0 $0
Wally Jones Trustee 1.0
Director
$0 $0 $0
William Butler Trustee 1.0
Director
$0 $0 $0
William E Bailey Trustee 1.0
Director
$0 $0 $0
William Jackson Rattikin III Trustee 1.0
Director
$0 $0 $0
Willie Houston III Trustee 1.0
Director
$0 $0 $0
B Anthony Bagwell SVP, CIIO 40.0
Officer
$1,763,275 $218,385 $1,981,660
Cory R Rhoades Chief Financial Officer 2.0
Officer
$0 $136,241 $1,002,449
Grant W Harris SVP, Chief Development Officer 40.0
Officer
$654,800 $115,101 $769,901
Joseph M Gallagher SVP, Chief Legal Officer 1.0
Officer
$0 $138,911 $1,022,881
Mary Cara Martz Secretary 1.0
Officer
$0 $21,095 $205,002
Rick W Merrill President/CEO 8.0
Officer
$551,089 $550,074 $3,305,517
Spencer D Seals VP Construction & Real Estate 2.0
Officer
$0 $84,754 $488,249
Stephen W Kimmel EVP, Sys Finance 2.0
Officer
$60,884 $175,382 $1,393,062
Jennifer Johnson AVP Donor Relations 40.0
Key Emp
$235,953 $25,973 $261,926
Kimberly Mcginnis Vice President 40.0
Key Emp
$258,830 $53,095 $311,925
Martha Mattox AVP, Major Gifts 40.0
Key Emp
$169,826 $9,975 $179,801
Christopher Tindell Investment Manager 40.0
Highest
$282,842 $33,451 $316,293
Dayle Lowry Investment Operations Mgr 40.0
Highest
$328,639 $26,832 $355,471
Drew Smith Senior Investment Analyst 40.0
Highest
$194,795 $9,747 $204,542
Jamye Shaffer Manager, Investment Operations 40.0
Highest
$173,710 $30,521 $204,231
Priti Mody Managing Director 40.0
Highest
$921,781 $17,279 $939,060
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 $95,102,171 $65,381,749 $4,613,436,734 $29,720,422
2023 $151,454,642 $44,775,655 $3,797,083,708 $106,678,987
2022 $189,117,182 $46,656,091 $3,401,810,693 $142,461,091
2021 $259,660,047 $44,044,793 $3,246,012,284 $215,615,254
2020 $88,050,882 $47,292,929 $2,213,091,555 $40,757,953
2019 $80,371,889 $43,236,136 $2,013,556,230 $37,135,753
2018 $156,135,116 $47,262,451 $1,954,506,001 $108,872,665
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WI Cook Foundation Inc with other nonprofits in Texas and across the country.