COOK CHILDRENS MEDICAL CENTER - PROSPER Charity Report

Public IRS 990 nonprofit record

COOK CHILDRENS MEDICAL CENTER - PROSPER

EIN 85-2354189 · Hospitals (E20)

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 $78.70 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 leaders34 people are listed in the latest report.

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

Money made simple

97.24%of revenue went to mission work78.7% of expenses · Program services

$94.47spent for every $100 of revenueRevenue covered expenses this year.

26.39%of revenue went to management and office costs21.3% of expenses

$1.96in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%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 $687,846 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$104,690,685

Mission workProgram services$101,803,53997.24% of revenue78.7% of expenses

ManagementOffice and general costs$27,627,88326.39% of revenue21.3% of expenses

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

Total expenses$129,431,422123.63% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 123.63% of revenue

2022Expense mix: 82.2% mission · 17.8% management · 0.0% fundraisingTotal expenses: 185.43% of revenue

2021Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 53,475.11% of revenue

2020Expense mix: 34.2% mission · 65.8% management · 0.0% fundraisingRevenue comparison unavailable

Money in and money out

Revenue$137,006,842

Expenses$129,431,422

Annual surplus $7,575,420 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)$101,803,539 · 78.7% of expenses

Management and office costs$27,627,883 · 21.3% of expenses

See all reported dollar amounts

Revenue$137,006,842

Expenses$129,431,422

Assets$254,075,468

Income$137,006,842

Contributions$104,867

Mission work (program services)$101,803,539

Grants given$38,165,769

Average grant$12,721,923

Management and general$27,627,883

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 · 2 hrs/week $687,846Base $137,772 · Other $550,074

NANCY C CYCHOLPRESIDENT/CHIEF HOSPITAL SERVICES · 1 hrs/week $527,851Base $420,732 · Other $107,119

KEVIN GREENEVP, PROSPER MEDICAL CENTER · 40 hrs/week $362,023Base $299,394 · Other $62,629

SHERALYN HARTLINEAVP, NURSING & PATIENT CARE · 40 hrs/week $294,343Base $250,334 · Other $44,009

STEFANIE TANNERDIRECTOR, NURSE & PATIENT CARE · 40 hrs/week $225,380Base $186,752 · Other $38,628

STEPHEN W KIMMELEVP, SYSTEM FINANCE · 2 hrs/week $224,089Base $48,707 · Other $175,382

CLIFFORD HOPHARMACY CLINIC SPECIALIST · 40 hrs/week $213,685Base $190,918 · Other $22,767

KRISTEN ELZEYMANAGER, PHARMACY OPERATIONS, CCMCP · 40 hrs/week $206,162Base $195,028 · Other $11,134

TRI TRANPHARMACIST, CCMCP · 40 hrs/week $201,170Base $175,713 · Other $25,457

ABIGAIL REEDMANAGER, PHARMACY, RETAIL, CCMCP · 40 hrs/week $191,740Base $161,267 · Other $30,473

STANLEY E DAVISSR. VP, CHIEF OPERATING OFFICER · 1 hrs/week $145,429Base · Other $145,429

JOSEPH M GALLAGHERSR. VP, CHIEF LEGAL OFFICER · 1 hrs/week $138,911Base · Other $138,911

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)

RICK W MERRILLCEO

NANCY C CYCHOLPRESIDENT/CHIEF HOSPITAL SERVICES

KEVIN GREENEVP, PROSPER MEDICAL CENTER

SHERALYN HARTLINEAVP, NURSING & PATIENT CARE

STEFANIE TANNERDIRECTOR, NURSE & PATIENT CARE

STEPHEN W KIMMELEVP, SYSTEM FINANCE

CLIFFORD HOPHARMACY CLINIC SPECIALIST

KRISTEN ELZEYMANAGER, PHARMACY OPERATIONS, CCMCP

TRI TRANPHARMACIST, CCMCP

ABIGAIL REEDMANAGER, PHARMACY, RETAIL, CCMCP

STANLEY E DAVISSR. VP, CHIEF OPERATING OFFICER

JOSEPH M GALLAGHERSR. VP, CHIEF LEGAL OFFICER

CORY R RHOADESCHIEF FINANCIAL OFFICER

JAMES C CUNNINGHAM MDEVP, CMO

JONATHAN NEDRELOW MDASSOCIATE CHIEF MEDICAL OFFICER

THERESA Z MEADOWSSR. VP, CHIEF INFORMATION OFFICER

SPENCER D SEALSVP CONSTRUCTION & REAL ESTATE

MARY CARA MARTZSECRETARY

RYAN B DICKERSONTRUSTEE - SEC/TREASURER

ROBERT J BATTONTRUSTEE END 5/31/24

THOMAS BRECKINRIDGE RAYTRUSTEE

WALLY JONESTRUSTEE

PEGGY L CASSIDYTRUSTEE START 6/1/2024

NAIM R MOSESTRUSTEE START 6/1/24

MICHAEL A LAGATTATRUSTEE

LEAH M KINGTRUSTEE START 06/01/24

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 2021
Location: 801 7TH AVE, FORT WORTH, TX 76104-2733
County: Tarrant
In care of: % CORY RHOADES
Primary officer: Nancy Cychol, President

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: Hospitals (E20)
IRS tax category: Hospitals
Grant-giving organization: Yes