AKRON CHILDRENS HOSPITAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

AKRON CHILDRENS HOSPITAL FOUNDATION

EIN 23-7114013 · Health Care (E110)

What they do

AKRON CHILDRENS HOSPITAL FOUNDATION is ORGANIZED EXCLUSIVELY for THE BENEFIT of CHILDRENS HOSPITAL MEDICAL CENTER of AKRON ("CHMCA"). ITS PURPOSE is to SOLICIT GIFTS FROM DONORS to FURTHER THE MISSION of CHMCA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

62.28%of revenue went to mission work100.0% of expenses · Program services

$62.28spent for every $100 of revenueRevenue covered expenses this year.

$8.45in assets for every $1 spent this yearSome assets cannot be spent right away.

45.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $315,582 for CHRISTOPHER GESSNER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,970,206

Mission workProgram services$19,911,75662.28% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$12,058,45037.72% of revenueShown in gray on the chart

Total expenses$19,911,75662.28% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 62.28% of revenue

2023Expense mix: 67.8% mission · 1.1% management · 31.0% fundraisingTotal expenses: 42.17% of revenue

2022Expense mix: 73.6% mission · 2.0% management · 24.3% fundraisingTotal expenses: 88.67% of revenue

2021Expense mix: 69.9% mission · 1.8% management · 28.4% fundraisingTotal expenses: 49.57% of revenue

2020Expense mix: 62.7% mission · 2.4% management · 34.9% fundraisingTotal expenses: 47.59% of revenue

2019Expense mix: 62.2% mission · 1.9% management · 35.9% fundraisingTotal expenses: 60.12% of revenue

2018Expense mix: 60.9% mission · 2.2% management · 37.0% fundraisingTotal expenses: 46.55% of revenue

2017Expense mix: 68.5% mission · 2.1% management · 29.4% fundraisingTotal expenses: 60.16% of revenue

Money in and money out

Revenue$31,970,206

Expenses$19,911,756

Annual surplus $12,058,450 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$19,911,756 · 100.0% of expenses

See all reported dollar amounts

Revenue$31,970,206

Expenses$19,911,756

Assets$168,211,926

Income$32,051,561

Contributions$14,434,553

Mission work (program services)$19,911,756

Grants given$108,632,639

Average grant$6,035,147

Executive compensation (total)$337,217

Stocks and bonds$140,238,363

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTOPHER GESSNERPRESIDENT · 2 hrs/week $315,582Base · Other $315,582

GORDON EDWARDSCFO/TREASURER · 2 hrs/week $79,021Base · Other $79,021

BRUCE COHEN MDDIRECTOR/CHAIR NEURODEVELOPMENT · 1 hrs/week $58,365Base · Other $58,365

MICHELE BROWNVICE PRESIDENT OF DEVELOPMENT · 50 hrs/week $48,797Base · Other $48,797

ALICIA LAMANCUSADIRECTOR - ASST TREASURER · 2 hrs/week $46,170Base · Other $46,170

SHEFALI MAHESH MDDIRECTOR/CHAIR OF PEDIATRICS · 1 hrs/week $43,974Base · Other $43,974

KYLE SHELTONASST SECRETARY/DIRECTOR · 2 hrs/week $25,118Base · Other $25,118

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

CHRISTOPHER GESSNERPRESIDENT

GORDON EDWARDSCFO/TREASURER

BRUCE COHEN MDDIRECTOR/CHAIR NEURODEVELOPMENT

MICHELE BROWNVICE PRESIDENT OF DEVELOPMENT

ALICIA LAMANCUSADIRECTOR - ASST TREASURER

SHEFALI MAHESH MDDIRECTOR/CHAIR OF PEDIATRICS

KYLE SHELTONASST SECRETARY/DIRECTOR

ROBERT L DAVISDIRECTOR - PART YEAR

MARCI M MATTHEWSDIRECTOR

MARK W OELSCHLAGERDIRECTOR/CHAIR OF BOARD

MARLENE K TOOTDIRECTOR

MARSHALL C MURDOUGHDIRECTOR

MICHAEL FLORYDIRECTOR

PAUL N THOMARIOSDIRECTOR

WILLIAM A SCALADIRECTOR - PART YEAR

STEPHEN MYERSDIRECTOR

THOMAS R CROWLEYDIRECTOR

TIMOTHY B CLEPPERDIRECTOR

VIRGINIA ADDICOTTDIRECTOR/CHMCA CHAIR

ALEXA SWEENEY BLACKANNDIRECTOR

LOUIS LOU M ALTMANDIRECTOR

LINDA A VENNERDIRECTOR

KEVIN J HELMICKOFFICER/VICE CHAIR

JAMES M SCHMIDTDIRECTOR

IRENE M PREZELJDIRECTOR - PART YEAR

GARY J DIDADODIRECTOR

DEBRA DEB A CALEVICHDIRECTOR

DAVID G TISCHDIRECTOR - PART YEAR

DANIELLE COVELLIDIRECTOR

CHARLES CHUCK A CRAWFORDDIRECTOR

BRIAN C WAGNERDIRECTOR

BETH R SPAINOFFICER/SECRETARY - PART YEAR

BARBARA VARLEYDIRECTOR

ALEXIS PETITODIRECTOR - PART YEAR

About this charity

Recognized since: January 1971
Location: 1 PERKINS SQ, AKRON, OH 44308-1063
County: Summit
In care of: % ALICIA LAMANCUSA INTERIM CF
Primary officer: GORDON EDWARDS, CFO/TREASURER

How to reach them

WebsiteVisit the charity’s website Emailwebmaster@akronchildrens.org Phone(330) 543-8340

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Health Care (E110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes