COOK CHILDRENS MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

COOK CHILDRENS MEDICAL CENTER

EIN 75-2051646 · Health Care (E240)

What they do

KNOWING THAT EVERY CHILDS LIFE is SACRED, OUR PROMISE is to IMPROVE THE HEALTH of EVERY CHILD IN OUR REGION THROUGH THE PREVENTION and TREATMENT of ILLNESS, DISEASE and INJURY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.20 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 2023The 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 leaders44 people are listed in the latest report.

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

Money made simple

58.54%of revenue went to mission work78.2% of expenses · Program services

$73.35spent for every $100 of revenueRevenue covered expenses this year.

16.34%of revenue went to management and office costs21.8% of expenses

$2.06in assets for every $1 spent this yearSome assets cannot be spent right away.

1.0%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 $1,238,935 for RICK W MERRILL (CEO). 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 2023

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$2,221,876,718

Mission workProgram services$1,300,721,41758.54% of revenue78.2% of expenses

ManagementOffice and general costs$363,037,60916.34% of revenue21.8% of expenses

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

Revenue left after expensesReported annual surplus$558,117,69225.12% of revenueShown in gray on the chart

Total expenses$1,663,759,02674.88% 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

2023CurrentExpense mix: 78.2% mission · 21.8% management · 0.0% fundraisingTotal expenses: 74.88% of revenue

2022Expense mix: 70.7% mission · 29.3% management · 0.0% fundraisingTotal expenses: 79.15% of revenue

2021Expense mix: 68.8% mission · 31.2% management · 0.0% fundraisingTotal expenses: 76.23% of revenue

2020Expense mix: 69.7% mission · 30.3% management · 0.0% fundraisingTotal expenses: 76.31% of revenue

2019Expense mix: 72.1% mission · 27.9% management · 0.0% fundraisingTotal expenses: 81.92% of revenue

2018Expense mix: 71.7% mission · 28.3% management · 0.0% fundraisingTotal expenses: 82.18% of revenue

2017Expense mix: 72.8% mission · 27.2% management · 0.0% fundraisingTotal expenses: 83.72% of revenue

2016Expense mix: 73.1% mission · 26.9% management · 0.0% fundraisingTotal expenses: 84.31% of revenue

Money in and money out

Revenue$2,268,395,631

Expenses$1,663,759,026

Annual surplus $604,636,605 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)$1,300,721,417 · 78.2% of expenses

Management and office costs$363,037,609 · 21.8% of expenses

See all reported dollar amounts

Revenue$2,268,395,631

Expenses$1,663,759,026

Assets$3,427,865,062

Income$2,269,822,319

Contributions$22,942,471

Mission work (program services)$1,300,721,417

Grants given$794,483,190

Average grant$14,187,200

Management and general$363,037,609

Executive compensation (total)$5,962,666

Accounting fees$54,075

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

RICK W MERRILLCEO · 10 hrs/week $1,238,935Base $688,861 · Other $550,074

STANLEY E DAVISSR. VP, CHIEF OPERATING OFFICER · 40 hrs/week $1,074,534Base $929,105 · Other $145,429

NANCY C CYCHOLPRESIDENT/CHIEF HOSPITAL SERVICES · 40 hrs/week $888,479Base $781,360 · Other $107,119

STEPHEN W KIMMELEVP, SYS FINANCE · 14 hrs/week $613,747Base $438,365 · Other $175,382

CHERYL PETERSENVP NURSING, CNO · 40 hrs/week $610,810Base $506,442 · Other $104,368

JACK SOSEBEEVICE PRESIDENT · 40 hrs/week $608,983Base $518,020 · Other $90,963

ELIA VALENCIA-STOKESVP FINANCE · 40 hrs/week $522,964Base $439,412 · Other $83,552

NATALIE WILKINSVP, OPERATIONS · 40 hrs/week $483,391Base $418,938 · Other $64,453

ORLANDO CHAPAAVP, NURSING · 40 hrs/week $428,986Base $363,753 · Other $65,233

DEBORAH BOUDREAUXAVP NURSING · 40 hrs/week $422,152Base $362,907 · Other $59,245

NICHOLAS MARKHAMAVP FACILITIES/CAMPUS SVCS · 40 hrs/week $335,627Base $281,210 · Other $54,417

OZIOMA OLOWUCHIEF PHARMACY OFFICER · 40 hrs/week $327,604Base $289,131 · Other $38,473

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 (44)

RICK W MERRILLCEO

STANLEY E DAVISSR. VP, CHIEF OPERATING OFFICER

NANCY C CYCHOLPRESIDENT/CHIEF HOSPITAL SERVICES

STEPHEN W KIMMELEVP, SYS FINANCE

CHERYL PETERSENVP NURSING, CNO

JACK SOSEBEEVICE PRESIDENT

ELIA VALENCIA-STOKESVP FINANCE

NATALIE WILKINSVP, OPERATIONS

ORLANDO CHAPAAVP, NURSING

DEBORAH BOUDREAUXAVP NURSING

NICHOLAS MARKHAMAVP FACILITIES/CAMPUS SVCS

OZIOMA OLOWUCHIEF PHARMACY OFFICER

TAMMY THOMLISONAVP REVENUE

TOMMIE MOSSPHARMACIST

ERIC NIMELYRESPIRATORY THERAPIST

JESSICA SIBRPHARMACIST

TAMMY ELIZONDOPROGRAM COORDINATOR

ALDRENA HEADASSISTANT VP

TONI SMITHNIGHT/WEEKEND ADMINISTRATOR

JOSEPH M GALLAGHERSR. VP, CHIEF LEGAL OFFICER

CORY R RHOADESCHIEF FINANCIAL OFFICER

JAMES C CUNNINGHAM MDEVP, CMO

JONATHAN NEDRELOW MDASSOCIATE CHIEF MEDICAL OFFICER

MATTHEW CARROLL MDFORMER VP, ASSOC CHIEF QUALITY OFFICER

THERESA Z MEADOWSSR. VP, CHIEF INFORMATION OFFICER

SPENCER D SEALSVP CONSTRUCTION & REAL ESTATE

KEVIN GREENEVP, PROSPER MEDICAL CENTER

MARY CARA MARTZSECRETARY

RYAN B DICKERSONTRUSTEE - SEC/TREASURER

THOMAS BRECKINRIDGE RAYTRUSTEE

ROBERT J BATTONTRUSTEE END 5/31/24

WALLY JONESTRUSTEE

PEGGY L CASSIDYTRUSTEE

NAIM R MOSESTRUSTEE START 6/1/24

MICHAEL A LAGATTATRUSTEE

LEAH M KINGTRUSTEE

LAURA MILLERTRUSTEE

JUDGE JEFFREY L CURETONTRUSTEE

JOHN P BOSWELLTRUSTEE - CHAIRMAN

FRANK A ANDERSONTRUSTEE END 5/31/24

EDWIN S RYANTRUSTEE

BONNIE PETSCHETRUSTEE

ANNE M CARVALHOTRUSTEE - VICE CHAIRMAN END 5/31/24

ANDREW S WAYNETRUSTEE - VICE CHAIRMAN

About this charity

Recognized since: January 1985
Location: 801 7TH AVE, FORT WORTH, TX 76104-2733
County: Tarrant
In care of: % CORY RHOADES
Primary officer: Nancy Cychol, Nancy Cychol

How to reach them

WebsiteVisit the charity’s website Phone(682) 885-4000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Health Care (E240)
IRS tax category: Specialty (except Psychiatric and Substance Abuse) Hospitals
Grant-giving organization: Yes