MIAMI CHILDRENS HEALTH SYSTEM FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

MIAMI CHILDRENS HEALTH SYSTEM FOUNDATION INC

EIN 46-1784918 · Web Search Portals, Libraries, Archives, and Other Information ServicesT

What they do

The Mission of MIAMI CHILDRENS HEALTH SYSTEM FOUNDATION (D/B/A NICKLAUS CHILDRENS HOSPITAL FOUNDATION, INC. )is to Create Awareness and Generate Funds for Nicklaus Childrens Health System (System), Nicklaus Childrens Hospital and Any Not-for-profit Affiliated Entity Under The System Umbrella. The Foundations Guiding Principle is to Ensure That All Children Have Access to State-of-the-art Pediatric Care.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.00 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 2020The report may be old. Ask for a newer one.

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

They name their leaders26 people are listed in the latest report.

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

Money made simple

42.64%of revenue went to mission work64.0% of expenses · Program services

17.42%of revenue went to fundraising26.2% of expenses

$66.60spent for every $100 of revenueRevenue covered expenses this year.

6.54%of revenue went to management and office costs9.8% of expenses

102.1%of its money came from giftsOther money may come from services or investments.

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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 $380,097 for MICHELLE J BOGGS (PRES FOUNDATION/VP EXT AFFAIRS DIRECTOR). 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 2020

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$13,756,126

Mission workProgram services$5,865,84842.64% of revenue64.0% of expenses

ManagementOffice and general costs$899,4926.54% of revenue9.8% of expenses

FundraisingAsking for donations$2,396,47717.42% of revenue26.2% of expenses

Revenue left after expensesReported annual surplus$4,594,30933.40% of revenueShown in gray on the chart

Total expenses$9,161,81766.60% 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

2020CurrentExpense mix: 64.0% mission · 9.8% management · 26.2% fundraisingTotal expenses: 66.60% of revenue

2019Expense mix: 75.9% mission · 7.2% management · 16.9% fundraisingTotal expenses: 79.29% of revenue

2018Expense mix: 70.8% mission · 7.3% management · 22.0% fundraisingTotal expenses: 122.99% of revenue

2017Expense mix: 67.9% mission · 8.1% management · 24.0% fundraisingTotal expenses: 60.16% of revenue

2016Expense mix: 68.8% mission · 7.3% management · 24.0% fundraisingTotal expenses: 73.04% of revenue

Money in and money out

Revenue$13,756,126

Expenses$9,161,817

Annual surplus $4,594,309 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)$5,865,848 · 64.0% of expenses

Management and office costs$899,492 · 9.8% of expenses

Fundraising$2,396,477 · 26.2% of expenses

See all reported dollar amounts

Revenue$13,756,126

Expenses$9,161,817

Income$24,557,464

Contributions$14,042,610

Mission work (program services)$5,865,848

Fundraising$2,396,477

Grants given$27,697,316

Average grant$3,462,165

Management and general$899,492

Executive compensation (total)$466,629

Stocks and bonds$51,265,607

Investing fees$106,183

People

Leadership and board

Tax year 2020

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

People reported as paid

Person and titleCompensation

MICHELLE J BOGGSPRES FOUNDATION/VP EXT AFFAIRS DIRECTOR · 40 hrs/week $380,097Base $306,168 · Other $73,929

MATTHEW LOVEPRESIDENT & CEO & DIRECTOR $204,098Base · Other $204,098

JAMIE M SCHEMPPEXE DIRECTOR STRATEGIC OPS · 40 hrs/week $150,401Base $147,962 · Other $2,439

SARA JOLLYEXECUTIVE DIR DEVELOPMENT OPS · 40 hrs/week $138,638Base $125,166 · Other $13,472

JESSICA BORMEYEXECUTIVE DIR FINANCE & OPS $131,020Base $124,060 · Other $6,960

LUXME HARIHARANDIRECTOR $7,001Base · Other $7,001

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 (26)

MICHELLE J BOGGSPRES FOUNDATION/VP EXT AFFAIRS DIRECTOR

MATTHEW LOVEPRESIDENT & CEO & DIRECTOR

JAMIE M SCHEMPPEXE DIRECTOR STRATEGIC OPS

SARA JOLLYEXECUTIVE DIR DEVELOPMENT OPS

JESSICA BORMEYEXECUTIVE DIR FINANCE & OPS

LUXME HARIHARANDIRECTOR

JULIANA KYRSDIRECTOR

SALO GROSFELDDIRECTOR

RICKY PATEL ESQCHAIRMAN/DIRECTOR

PETER LOPEZVICE CHAIRMAN/DIRECTOR

OSCAR FELDENKREISDIRECTOR

MOJDEH KHAGHAN DANIALDIRECTOR

MICHELLE MCKENNADIRECTOR

MARIO MURGADODIRECTOR

LOUIS HERNANDEZ JRDIRECTOR

ADAM SCHIMELDIRECTOR

JOSE DANSDIRECTOR

JEFFREY THORTONDIRECTOR

JARET DAVISDIRECTOR

DREW KERNDIRECTOR

DOUGLAS WOLFEDIRECTOR

DAVID MARTINTREAUSURER/DIRECTOR

CYNTHIA HUDSONDIRECTOR

CHRISTINE VALLSDIRECTOR/SECRETARY

BRETT TREMBLY ESQDIRECTOR

ALEX SOTODIRECTOR

About this charity

Location: 3100 SW 62nd Avenue, Miami, FL 33155
County: Miami-Dade
In care of: Dawn Javersack
Primary officer: Dawn Javersack, SVP and CFO

How to reach them

WebsiteVisit the charity’s website Phone(305) 666-6511

Filing and classification

Latest tax year: 2020
Tax period began: January 1, 2020
Return type: 990
Tax preparer: CROWE LLP
IRS tax category: Web Search Portals, Libraries, Archives, and Other Information ServicesT
Grant-giving organization: Yes