Overview
What is The Children's Hospital?
The Children's Hospital is a nonprofit organization that supports Cincinnati Children's Hospital Medical Center, aiming to be a leader in enhancing child health. Michael Hirschfeld oversees the hospital, dedicated to funding treatment and research for childhood diseases or disorders. The hospital's mission is to provide the best medical and quality of life outcomes, patient and family experiences, and value for patients from the community, the nation, and around the world. Cincinnati Children's Hospital Medical Center's vision encompasses global recognition for research, education, and innovation.
What are the reviews and ratings of this charity?
The Children's Hospital has received a Four-Star out of Four Star rating from Charity Navigator, with an impressive overall score of 94%. This rating is solely based on the organization's accountability and finance practices, which have been evaluated as exemplary. The high score indicates a strong commitment to transparency and effective management of resources, essential factors for donor trust.
The organization boasts a fully independent board, demonstrating its governance strength, as all board members are independent and well-represented in numbers. The financial oversight mechanisms in place, including an active audit and oversight committee, further highlight their dedication to maintaining fiscal integrity. Additionally, policies such as conflict of interest, whistleblower protection, and document retention are well-established, contributing to their high accountability score.
One of the standout features is the organization's program expense ratio, which sits at an impressive 95.39%. This indicates that a significant portion of their funding is directed towards programs rather than administrative costs. However, while the data reflects strong financial health and governance, no specific limitations or areas for improvement were noted in the provided information.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Hospital legitimate?
The Children's Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Hospital 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.
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What is the mission statement of The Children's Hospital?
The Children's Hospital aims to support and finance the operations of Cincinnati Children's Hospital Medical Center. This institution is dedicated to leading improvements in child health through integrated research, education, and innovation. With a mission to provide the best medical and quality of life outcomes, patient and family experience, and value, the hospital delivers top-notch care for patients from various communities, the nation, and the world. Its vision is to transform the delivery of care and make significant strides in child health.
Who is the CEO of The Children's Hospital?
Michael Hirschfeld is the Chairman / President of The Children's Hospital.
What is the revenue of The Children's Hospital?
The Children's Hospital's revenue in 2022 was $266,785,527.
Who are the executives of The Children's Hospital and what are their salaries?
Here are 20 key members and their salaries:
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Where can I find the form 990 for The Children's Hospital?
The Children's Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Children's Hospital
The Children's Hospital, a renowned medical center, is dedicated to enhancing child health and revolutionizing care through integrated research, education, and innovation. By providing financial support and various resources, this esteemed organization strives to ensure the best possible medical and quality of life outcomes for children from around the world.
With a vision to lead in child health improvement and transform care delivery, The Children's Hospital focuses on achieving optimal patient and family experiences and value, both now and in the future. The organization's commitment to research and education is globally recognized, making a significant impact on the healthcare landscape for children with diseases or disorders. By integrating these essential components, The Children's Hospital is able to offer the highest standards of care and create a positive difference in the lives of many young patients.
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Impact
October, 2024
The Children's Hospital plays a crucial role in supporting the treatment and research of diseases and disorders that affect children. By providing essential financial support to Cincinnati Children's Hospital Medical Center, it helps advance the center's mission to improve child health and transform the delivery of care through innovative research, education, and integrated services.
Under the leadership of Michael Hirschfeld, The Children's Hospital ensures that patients from local communities, across the nation, and around the world receive the highest quality medical care. This commitment is reflected in their focus on achieving optimal medical outcomes and enhancing the overall experience for patients and families.
The impact of The Children's Hospital extends beyond immediate medical treatment; it fosters a future where groundbreaking research and the latest medical advancements converge to enhance child health and well-being. Through its efforts, The Children's Hospital serves as a vital partner in the ongoing quest to provide exceptional healthcare to children, ensuring that the vision of Cincinnati Children's Hospital Medical Center as a leader in child health is realized.
This information is meant to be a general summary of The Children's Hospital. 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: $254,119,855
- Gross Receipts: $523,888,039
Assets and Liabilities:
- Total Assets: $4,359,978,415
- Total Liabilities: $74,901,296
- Net Assets: $4,285,077,119
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Organization Details
Founding Year
1883
Phone
(513) 803-1106Principal Officer
Michael Hirschfeld
Main Address
3333 Burnet Avenue, Cincinnati, OH, 452293039
NTEE Category
Code: E110 - Health
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