Phoenix Children's Hospital (EIN 860422559) - 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

1983

Legal Domicile

Phone

6029336565

Tax Period

2024-01-01 to 2024-12-31

Phoenix Children's Hospital, founded in 1983, is a large national nonprofit in the Health Care sector that reported $1.7B in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.5B left a modest 11% surplus.

Mission

To advance hope, healing and the best healthcare for children and their families.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $67,127,107

Program Service Revenue $1,607,258,891

Investment Income $60,855,570

Other Revenue $1,690,523

TOTAL REVENUE $1,736,932,091

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $936,615,546

Fundraising Expenses $118,613

Program Expenses $1,306,165,310

Other Expenses $601,758,576

TOTAL EXPENSES $1,538,377,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,736,932,091	$1,480,711,862	+0.2%
Expenses	$1,538,377,122	$1,317,475,021	+0.2%
Net Income	$198,554,969	$163,236,841	+0.2%

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

9270

Volunteers

1123

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

$5,952,538

Total Directors

$4,655,569

Key Employees

$2,726,244

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID LENHARDT	DIRECTOR/CHAIR	1.0	Officer Director	$0	$0	$0
MICHAEL EBERT	DIRECTOR/VICE CHAIR	1.0	Officer Director	$0	$0	$0
ROBERT L MEYER	DIRECTOR/PRESIDENT & CEO	37.0	Officer Director	$3,532,157	$26,614	$3,558,771
DONALD SLAGER	DIRECTOR	1.0	Director	$0	$0	$0
DUSTIN RAYHORN MD	MEDICAL STAFF, PRESIDENT (START 04/2024)	40.0	Director	$313,583	$18,946	$332,529
GEORGE F GETZ	DIRECTOR	1.0	Director	$0	$0	$0
JON HULBURD	DIRECTOR	1.0	Director	$0	$0	$0
MOLLY RYAN CARSON	DIRECTOR	1.0	Director	$0	$0	$0
NATHAN PAGE MD	MEDICAL STAFF, VP	40.0	Director	$735,960	$28,309	$764,269
OMAR ALVAREZ	DIRECTOR	1.0	Director	$0	$0	$0
RICH BOALS	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT M DELGADO	DIRECTOR	1.0	Director	$0	$0	$0
TAYLOR BURKE	DIRECTOR	1.0	Director	$0	$0	$0
CARMEN NEUBERGER	EVP/GENERAL COUNSEL/SECRETARY	38.0	Officer	$1,213,116	$24,990	$1,238,106
MICHELLE BRUHN	EVP & CFO/TREASURER	38.0	Officer	$1,130,836	$24,825	$1,155,661
JARED MUENZER MD	EVP, CHIEF PHYSICIAN EXECUTIVE	40.0	Key Emp	$1,499,579	$25,717	$1,525,296
JUSTIN BRADSHAW	EVP, CHIEF OPERATING OFFICER (START 06/2024)	40.0	Key Emp	$582,685	$17,643	$600,328
TAMRA KAPLAN	SVP, OPERATIONS (THRU 12/2024)	40.0	Key Emp	$568,410	$32,210	$600,620
BENJAMIN PADILLA MD	Pediatric Surgeon	40.0	Highest	$1,178,601	$28,757	$1,207,358
DANIEL OSTLIE MD	SVP, SURGEON IN CHIEF	40.0	Highest	$1,449,982	$31,567	$1,481,549
DANIEL VELEZ MD	DIVISION CHIEF	40.0	Highest	$1,642,961	$27,310	$1,670,271
DAVID NOTRICA MD	PEDIATRIC SURGEON	40.0	Highest	$1,185,040	$30,008	$1,215,048
MARK MOLITOR JR MD	PEDIATRIC SURGEON	40.0	Highest	$1,229,766	$31,177	$1,260,943
BLAKE BULLOCH MD	MEDICAL STAFF, PRESIDENT (THRU 04/2024)	39.0		$639,319	$22,965	$662,284
BRIAN MEYER	SVP/CIO	40.0		$878,979	$29,657	$908,636
CHAD JOHNSON	SVP, PCCN	40.0		$704,252	$30,012	$734,264
DAVID HIGGINSON	EVP & CHIEF INNOVATION OFFICER	40.0		$1,177,489	$30,613	$1,208,102
KARI CORNICELLI	FORMER EVP & CFO/TREASURER (THRU 08/2022)	0.0		$111,806	$0	$111,806
KETY DURON	SVP, HUMAN RESOURCES	40.0		$825,541	$21,266	$846,807
RICH LEHMUTH	SVP, STRATEGIC PLANNING (THRU 12/2023)	0.0		$323,730	$1,256	$324,986
RUSS KORCUSKA	SVP, CONSTRUCTION & SPECIAL PROJECTS	40.0		$661,015	$28,074	$689,089

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	$1,736,932,091	$1,538,377,122	$2,866,348,652	$198,554,969
2023	$1,480,711,862	$1,317,475,021	$2,678,763,327	$163,236,841
2022	$1,331,683,534	$1,179,958,339	$2,420,571,714	$151,725,195
2021	$1,269,700,865	$1,082,463,764	$2,455,450,132	$187,237,101
2020	$1,180,617,311	$963,409,811	$2,350,844,527	$217,207,500
2019	$1,040,240,354	$954,317,316	$1,698,002,089	$85,923,038
2018	$939,877,363	$853,166,680	$1,413,019,681	$86,710,683

Phoenix Children's Hospital