Overview
What is Boston Children's Heart Foundation Inc?
Boston Children's Heart Foundation Inc is a nonprofit organization based in Boston, Massachusetts, specifically located at 300 Longwood Avenue PAV 2. Their primary focus is on delivering cardiology services to patients at Boston Children's Hospital and satellite locations. They charge for their services but ensure that any net income is dedicated to their charitable, scientific, and educational objectives. The Foundation offers care for patients irrespective of their ability to pay and provides essential hospital and community-based services not readily available elsewhere. Their mission encompasses conducting medical research, education, and evaluation services in the field of cardiology, as well as providing care for patients in financial need. The Foundation employs a team of 86 individuals.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star rating).
Boston Children's Heart Foundation Inc has received a Three-Star rating from Charity Navigator, primarily due to its Accountability & Finance performance. The organization scored 79% in this area, indicating a strong focus on financial responsibility, with a notable Program Expense Ratio of 97.38%, demonstrating that the vast majority of its funding is directed towards its charitable programs.
However, the foundation faces challenges regarding board governance, as it has no independent board members, which is a significant factor in its overall rating. This lack of independent oversight could raise concerns about transparency and accountability in decision-making processes. Despite these limitations, the organization has made strides in maintaining financial integrity, with strong scores in areas such as financial oversight and adherence to policies regarding conflict of interest and whistleblower protections.
Overall, while Boston Children's Heart Foundation Inc shows commendable commitment to programmatic spending and financial health, improvements in board structure could enhance its governance and potentially elevate its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Boston Children's Heart Foundation Inc legitimate?
Boston Children's Heart Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Children's Heart Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,786,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,328,722
For more financial information, click here
What is the mission statement of Boston Children's Heart Foundation Inc?
Boston Children's Heart Foundation Inc is dedicated to offering comprehensive evaluation services for heart disease patients, conducting medical research, and providing educational resources to Boston Children's Hospital and Harvard Medical School. The organization extends its cardiology services beyond the hospital walls, caring for patients in need, regardless of their financial capabilities. Additionally, the Foundation supports the training of students and medical personnel, while carrying out research and education in the field of cardiology.
Who is the CEO of Boston Children's Heart Foundation Inc?
Tal Geva Md is the President of Boston Children's Heart Foundation Inc.
What is the revenue of Boston Children's Heart Foundation Inc?
Boston Children's Heart Foundation Inc's revenue in 2022 was $70,199,923.
Who are the executives of Boston Children's Heart Foundation Inc and what are their salaries?
The average compensation at Boston Children's Heart Foundation Inc during 2022 was $489,710. There are 86 employees at Boston Children's Heart Foundation Inc.
Here are 21 key members and their salaries:
- Compensation: $735,654
- Related: $0
- Other: $137,070
- Compensation: $486,762
- Related: $0
- Other: $142,480
- Compensation: $374,707
- Related: $0
- Other: $108,245
- Compensation: $432,104
- Related: $0
- Other: $110,834
- Compensation: $325,895
- Related: $0
- Other: $88,875
- Compensation: $346,541
- Related: $0
- Other: $95,492
- Compensation: $313,852
- Related: $0
- Other: $92,487
- Compensation: $313,983
- Related: $0
- Other: $66,121
- Compensation: $254,592
- Related: $0
- Other: $98,062
- Compensation: $197,165
- Related: $0
- Other: $83,907
- Compensation: $299,454
- Related: $0
- Other: $91,177
- Compensation: $308,124
- Related: $0
- Other: $85,007
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $519,163
- Related: $0
- Other: $72,501
- Compensation: $481,744
- Related: $0
- Other: $105,283
- Compensation: $400,896
- Related: $0
- Other: $72,501
- Compensation: $530,226
- Related: $0
- Other: $81,507
- Compensation: $548,179
- Related: $0
- Other: $129,523
- Compensation: $468,119
- Related: $0
- Other: $100,434
- Compensation: $459,906
- Related: $0
- Other: $111,633
- Compensation: $428,616
- Related: $0
- Other: $103,921
Where can I find the form 990 for Boston Children's Heart Foundation Inc?
Boston Children's Heart Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston Children's Heart Foundation Inc
Boston Children's Heart Foundation Inc is a charitable organization dedicated to delivering comprehensive cardiology services, conducting medical research, and offering educational opportunities in the realm of pediatric cardiology. This Foundation prioritizes its efforts towards serving patients at Boston Children's Hospital and its satellite locations.
The core mission of Boston Children's Heart Foundation Inc is threefold. Firstly, it provides essential cardiology services to a vast array of patients. These services extend beyond just those who can afford them, as the Foundation also offers care to individuals in financial need. Secondly, the Foundation contributes significantly to advancing medical knowledge through basic and applied research in the field of cardiology. It fulfills this commitment by educating students and other scientific personnel. Lastly, Boston Children's Heart Foundation Inc is dedicated to making a difference in the lives of its patients by providing community-based services.
Boston Children's Heart Foundation Inc's unwavering commitment to cardiology services is evidenced by its extensive work at Boston Children's Hospital and its satellite locations. The Foundation goes beyond merely treating patients; it also extends a helping hand to those who require financial assistance to access its expert care. Furthermore, its dedication to medical research and education is reflected in the numerous students and medical professionals it trains and educates in the field of cardiology. By providing a spectrum of services, from cutting-edge medical care to research and education, Boston Children's Heart Foundation Inc continues to make a positive impact on the lives of countless children and their families.
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Impact
October, 2024
Boston Children's Heart Foundation Inc significantly impacts the field of pediatric cardiology by offering comprehensive evaluation services and care to children with heart diseases. It primarily serves patients at Boston Children's Hospital and its satellite locations, ensuring access to specialized cardiology services. The Foundation exemplifies inclusivity by providing care to all patients, regardless of their ability to pay, thereby addressing critical healthcare disparities.
In addition to direct patient care, the Foundation is deeply committed to advancing medical research and education in cardiology. By collaborating with institutions like Harvard Medical School, it fosters the next generation of medical professionals through teaching and research initiatives. This holistic approach not only enhances clinical practice but also contributes to innovative treatments and improved patient outcomes.
Moreover, the Foundation plays a vital role in community outreach by offering services that may be limited or unavailable elsewhere, ensuring that children have access to essential healthcare resources. Its multifaceted approach addresses both individual patient needs and broader community health challenges, making a lasting impact on pediatric cardiovascular care in the Boston area and beyond.
This information is meant to be a general summary of Boston Children's Heart Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $63,659
- Program Service Revenue: $67,376,526
- Gross Receipts: $70,199,923
Assets and Liabilities:
- Total Assets: $119,898,157
- Total Liabilities: $20,262,709
- Net Assets: $99,635,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Service Revenue
Revenue
$61,019,744
Clinical and other revenue
Revenue
$2,914,020
Research Revenue
Revenue
$2,631,430
Admin, Supervision, & Teaching
Revenue
$811,332
Organization Details
Founding Year
1983
Phone
(617) 355-4895Principal Officer
Tal Geva Md
Main Address
300 Longwood Avenue PAV 2, Boston, MA, 02115
NTEE Category
Code: E122 - Health
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