Childrens Medical Center
81% goes to programs $0 to raise $100 Strong reserves Growing revenue
Childrens Medical Center is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1960, with $338,367,630 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
300 Longwood Ave, Boston, MA, 02115 EIN 04-1174680 Since 1960
Revenue (FY2023)
$338.4M
▲ 18.3% vs prior year
Health median: $840K
Expenses (FY2023)
$235.9M
Net assets
$1.5B
Employees
1,167
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Childrens Medical Center: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating79 mo reserves · +30% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Childrens Medical Center: 79 mo reserves · +30% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Childrens Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Childrens Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Holds & manages investments for children's hospital corp. and its affiliated organizations.
What they do
Patient care - activity from boston children's health physicians, llp, a fully integrated health care community that provides pediatric physician inpatient and outpatient care to patients throughout the new york metropolitan area, the hudson valley, connecticut and new jersey.
Contact & location
- Address
- 300 Longwood Ave, Boston, MA, 02115
- City
- Boston
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $187.8M (FY2015) to $338.4M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.3BNet assets $1.5B
Operating margin
30.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.9B
Total liabilities
$2.3B
Net assets
$1.5B
Salaries & benefits
$157.9M
67% of expenses
Board members
19
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $338,367,630▲18.3% | $235,900,404▲3.7% | $1,546,235,910▲48.5% | $3,882,179,980▲10.6% | 990 |
| 2022 | $285,927,344▲2.5% | $227,411,530▼1.0% | $1,041,247,192▲12.5% | $3,509,403,727▼10.0% | 990 |
| 2021 | $278,963,648▲24.1% | $229,620,807▲21.5% | $925,731,019▼26.9% | $3,898,375,653▼11.0% | 990 |
| 2020 | $224,711,683▲21.8% | $188,960,524▲1.8% | $1,266,102,867▲86.3% | $4,378,412,245▲10.2% | 990 |
| 2019 | $184,461,001▼40.7% | $185,543,729▼12.8% | $679,477,804▼9.8% | $3,974,828,265▲11.5% | 990 |
| 2018 | $310,941,929▼3.4% | $212,855,796▲5.0% | $752,905,318▼12.4% | $3,565,462,629▲0.6% | 990 |
| 2017 | $321,760,342▲11.8% | $202,652,722▲4.2% | $859,785,060▼2.9% | $3,545,468,929▲2.5% | 990 |
| 2016 | $287,754,945▲53.2% | $194,481,580▲12.2% | $885,202,258▲32.2% | $3,460,655,199▲22.0% | 990 |
| 2015 | $187,825,277 | $173,318,916 | $669,379,707 | $2,836,213,770 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Kathleen Ennabi — $1,299,765 (0.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathleen Ennabi | Physician | 55 | $1,299,765 |
| Keith Ancona | Physician | 55 | $1,151,815 |
| Allen Dozor | Physician | 55 | $913,236 |
| Christine Grenache | Asst Sec/exec Manager (end Term 6/30/24) | 5 | $148,571 |
| Alison Taunton-rigby Phd | Director | 1 | — |
| Allan Bufferd | Director | 1 | — |
| August Cervini | Svp, Research Administration | 5 | — |
| Bruce Balter | Asst Treasurer/dir Corp Fin | 5 | — |
| Christopher Viney Jd | Evp, General Counsel & Sec | 5 | — |
| Daniel Nigrin Md | Former Svp & Cio | 0 | — |
| Demosthenes Argys | Evp, Hospital Chief Operating Officer, Cco | 5 | — |
| Douglas Berthiaume | Director - Chairperson | 5 | — |
| Doug Vanderslice | Evp, Cfo & Treasurer | 5 | — |
| Gary Loveman Md | Director | 1 | — |
| Harvey Lodish Phd | Director | 1 | — |
| Heather Nelson | Svp, Chief Information Off | 5 | — |
| Ivor Horn Md | Director | 1 | — |
| James Mandell Md | Director | 1 | — |
| Joseph A Mitchell Md | Evp & President, Franciscan's | 5 | — |
| Kathleen Regan | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Nextgen Healthcare Inc | Medical Billing Services | $7,628,998 |
| Impact Advisors LLC | Consulting Services | $2,809,337 |
| Wolf Greenfield & Sacks PC | Legal Services | $2,734,254 |
| Axispoint Technology Solutions Group In | Information Technology Services | $2,440,336 |
| Nixon Peabody LLP | Legal Services | $1,486,231 |
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Compare Childrens Medical Center
Frequently asked questions
- Is Childrens Medical Center a legitimate nonprofit?
- Yes. Childrens Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-1174680, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Childrens Medical Center's EIN?
- Childrens Medical Center's Employer Identification Number (EIN) is 04-1174680.
- How much revenue does Childrens Medical Center report?
- Childrens Medical Center reported $338,367,630 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Childrens Medical Center's spending goes to programs?
- Childrens Medical Center spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Childrens Medical Center have?
- CharityIndex grades Childrens Medical Center A, based on program efficiency and fundraising cost.
- How much does Childrens Medical Center's highest-paid employee make?
- The highest reported compensation on Childrens Medical Center's latest Form 990 is $1,299,765, paid to Kathleen Ennabi (Physician).
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Data for Childrens Medical Center (EIN 04-1174680) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.