PROVIDENCE CHILDREN'S HEALTH FOUNDATION

EIN: 930800140 501(c)(3)

PORTLAND, OR

Total Revenue
$273,906
Total Expenses
$490,351
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
OR
Principal Officer
DIANA FISHER
Phone
5032152406
Tax Period
2023-01-01 to 2023-03-23

PROVIDENCE CHILDREN'S HEALTH FOUNDATION, founded in 1981, is a small nonprofit that reported $274K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $490K exceeded revenue, resulting in a 79% operating deficit.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $451,983 Revenue: $0

AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...

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AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY. TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES: -PROVIDENCE ACROSS SEVEN WESTERN STATES -COVENANT HEALTH IN WEST TEXAS -PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA -KADLEC IN SOUTHEAST WASHINGTON -PACIFIC MEDICAL CENTERS IN SEATTLE, WA -SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND. THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDS PROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS. PROGRAM SERVICE ACCOMPLISHMENTS FUNDING OF OPERATING EXPENSES OF, OR PAYMENTS ON BEHALF OF, PROVIDENCE CHILDREN'S HEALTH FOUNDATION. PROVIDENCE CHILDREN'S HEALTH FOUNDATION PROVIDES SERVICES FOR CHILDREN WITH DISABILITIES. IN ADDITION, THE FOUNDATION SUPPORTS FUNDING PROGRAMS SUPPORTING FOR CHILDREN WHO NEED DEVELOPMENTAL THERAPY AND TREATMENT. FUNDING OF CAPITAL EXPENDITURES AND EQUIPMENT FOR PROVIDENCE CHILDREN'S HEALTH FOUNDATION. FUNDS WERE USED FOR THE OPERATIONS OF THE PROVIDENCE CHILD CENTER, CENTER FOR MEDICALLY FRAGILE CHILDREN, SPECIFICALLY THERAPY AND ACTIVITY EQUIPMENT USED BY THE CHILDREN IN THE CENTER. AS OF MARCH 23, 2023, THE REMAINING ASSETS AND OPERATION OF PROVIDENCE CHILDREN'S HEALTH FOUNDATION WERE TRANSFERRED TO RELATED NONPROFIT CORPORATIONS EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501(C)(3), AND PROVIDENCE CHILDREN'S HEALTH FOUNDATION WAS DISSOLVED.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $106,720
Program Service Revenue $0
Investment Income $163,718
Other Revenue $3,468
TOTAL REVENUE $273,906

Expense Breakdown

Grants Paid $451,983
Salaries & Benefits $0
Fundraising Expenses $16,196
Program Expenses $451,983
Other Expenses $38,368
TOTAL EXPENSES $490,351

Year-over-Year Comparison

2023 2022 Change
Revenue $273,906 $2,670,985 -0.9%
Expenses $490,351 $1,899,983 -0.7%
Net Income $-216,445 $771,002 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

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
$234,769
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANAMARIA HEFENEIDER DIRECTOR 0.50
Director
$0 $0 $0
ANGES ROMANAGII ALBERT DIRECTOR 0.50
Director
$0 $0 $0
BARBARA GAFFNEY DIRECTOR 0.50
Director
$0 $0 $0
BLAKE HOWELLS TREASURER 1.00
Officer Director
$0 $0 $0
DAVE RIANDA SECRETARY 1.00
Officer Director
$0 $0 $0
DEBI STRACKE DIRECTOR 0.50
Director
$0 $0 $0
DIANE FRAIMAN DIRECTOR 0.50
Director
$0 $0 $0
DONALD HANNA JR DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH MENASHE DIRECTOR 0.50
Director
$0 $0 $0
JEANNE DANIELSON DIRECTOR 0.50
Director
$0 $0 $0
JOYCE ENDO MD CHAIR 1.00
Officer Director
$0 $0 $0
KORINE SUESS DIRECTOR 0.50
Director
$0 $0 $0
KRISTIN MEAGHER DIRECTOR 0.50
Director
$0 $0 $0
MARK KRALJ DIRECTOR 0.50
Director
$0 $0 $0
MARY BEATTIE DIRECTOR 0.50
Director
$0 $0 $0
RITA DONNELLY VICE CHAIR 1.00
Officer Director
$0 $0 $0
SAMANTHA PALHOW DIRECTOR 0.50
Director
$0 $0 $0
SHELLEY DOHERTY DIRECTOR 0.50
Director
$0 $0 $0
STU PETERSON DIRECTOR 0.50
Director
$0 $0 $0
TODD DENEFFE DIRECTOR 0.50
Director
$0 $0 $0
DIANA FISHER EXECUTIVE DIRECTOR 50.00
Officer
$0 $35,715 $234,769
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
2023 $273,906 $490,351 No data $-216,445
2022 $2,670,985 $1,899,983 $31,691,797 $771,002
2021 $3,328,803 $2,229,537 $41,165,105 $1,099,266
2020 $3,258,151 $3,478,466 $34,574,139 $-220,315
2019 $2,017,179 $3,114,542 $30,112,883 $-1,097,363
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