Cook Childrens Medical Center
78% goes to programs $0 to raise $100 Strong reserves Growing revenue
Cook Childrens Medical Center is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1985, with $2,221,876,718 in FY2023 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
801 7th Ave, Fort Worth, TX, 76104 EIN 75-2051646 Since 1985
Revenue (FY2023)
$2.2B
▲ 15.6% vs prior year
Health median: $840K
Expenses (FY2023)
$1.7B
Net assets
$1.7B
Employees
6,009
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating78% 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 Cook Childrens Medical Center: 78% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +25% 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 Cook Childrens Medical Center: 12 mo reserves · +25% margin earns a A 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 Cook Childrens Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Cook Childrens Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Knowing that every child's 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.
Contact & location
- Address
- 801 7th Ave, Fort Worth, TX, 76104
- City
- Fort Worth
- State
- Texas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $856.3M (FY2013) to $2.2B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $814.1MNet assets $1.7B
Operating margin
25.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5B
Total liabilities
$814.1M
Net assets
$1.7B
Salaries & benefits
$574.7M
35% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,221,876,718▲15.6% | $1,663,759,026▲9.3% | $1,672,521,787▲50.0% | $2,486,656,392▲30.2% | 990 |
| 2022 | $1,922,710,388▲8.5% | $1,521,897,393▲12.7% | $1,115,074,334▲4.9% | $1,909,959,519▲11.0% | 990 |
| 2021 | $1,772,072,835▲17.1% | $1,350,787,048▲16.9% | $1,063,386,545▼14.8% | $1,720,011,003▼8.1% | 990 |
| 2020 | $1,513,660,147▲15.3% | $1,155,105,021▲7.4% | $1,247,666,305▲10.7% | $1,871,901,068▲3.8% | 990 |
| 2019 | $1,312,743,878▲9.9% | $1,075,441,684▲9.6% | $1,126,921,811▲15.5% | $1,804,052,601▲26.5% | 990 |
| 2018 | $1,193,947,458▲9.4% | $981,175,755▲7.4% | $975,951,200▲27.7% | $1,426,284,240▲18.8% | 990 |
| 2017 | $1,090,922,156▲7.1% | $913,301,081▲6.3% | $764,463,710▲18.6% | $1,200,788,157▲4.1% | 990 |
| 2016 | $1,019,058,898▲6.5% | $859,199,784▲13.1% | $644,546,438▲8.9% | $1,153,835,594▲3.1% | 990 |
| 2015 | $957,111,477▲12.1% | $759,991,385▲10.4% | $591,776,160▲13.6% | $1,118,765,172▲6.8% | 990 |
| 2014 | $853,853,150▼0.3% | $688,350,982▲1.9% | $520,830,928▼20.9% | $1,047,972,021▼13.9% | 990 |
| 2013 | $856,309,576 | $675,739,824▲1.2% | $658,769,526▲39.8% | $1,217,738,885▲42.5% | 990 |
| 2012 | — | $667,703,454▲10.0% | $471,370,177▲4.1% | $854,499,605▲1.5% | 990 |
| 2011 | — | $607,012,759▲15.7% | $452,642,916▲49.4% | $842,018,414▲17.3% | 990 |
| 2010 | — | $524,854,295▲8.4% | $302,895,154▼15.4% | $717,528,502▼5.8% | 990 |
| 2009 | — | $484,345,523 | $357,957,208 | $761,990,272 | 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: Stanley E Davis — $929,105 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stanley E Davis | Sr. Vp, Chief Operating Officer | 40 | $929,105 |
| Nancy C Cychol | President/chief Hospital Services | 40 | $781,360 |
| Rick W Merrill | Ceo | 10 | $688,861 |
| Jack Sosebee | Vice President | 40 | $518,020 |
| Cheryl Petersen | Vp Nursing, Cno | 40 | $506,442 |
| Elia Valencia-stokes | Vp Finance | 40 | $439,412 |
| Stephen W Kimmel | Evp, Sys Finance | 14 | $438,365 |
| Natalie Wilkins | Vp, Operations | 40 | $418,938 |
| Orlando Chapa | Avp, Nursing | 40 | $363,753 |
| Deborah Boudreaux | Avp Nursing | 40 | $362,907 |
| Tammy Thomlison | Avp Revenue | 40 | $290,252 |
| Ozioma Olowu | Chief Pharmacy Officer | 40 | $289,131 |
| Nicholas Markham | Avp Facilities/campus Svcs | 40 | $281,210 |
| Jessica Sibr | Pharmacist | 40 | $243,768 |
| Eric Nimely | Respiratory Therapist | 40 | $242,240 |
| Tammy Elizondo | Program Coordinator | 40 | $236,975 |
| Tommie Moss | Pharmacist | 40 | $236,811 |
| Toni Smith | Night/weekend Administrator | 40 | $222,518 |
| Aldrena Head | Assistant Vp | 40 | $216,081 |
| Andrew S Wayne | Trustee - Vice Chairman | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Linbeck Group LLC | Construction | $36,383,777 |
| Fisk Electric Co | Construction | $4,151,259 |
| Bottom Line Systems LLC | Professional Services | $2,642,074 |
| Dynamic Systems Inc | Construction | $2,180,046 |
| Hks Inc | Professional Services | $1,485,246 |
Grants received · $132.2M total
104 grants to Cook Childrens Medical Center totaling $132.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $353,350 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $166,732 |
| Cystic Fibrosis Foundation | Quality improvement | 2024 | $84,000 |
| Public Health Institute | Research | 2024 | $36,823 |
| Public Health Institute | Technical assistance | 2024 | $20,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $8,404 |
| W I Cook Foundation Inc | Financial assistance | 2023 | $22,276,084 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $261,775 |
| Cook Childrens Health Care System | General support | 2023 | $257,448 |
| Cystic Fibrosis Foundation | Clinical research center | 2023 | $193,956 |
| Cystic Fibrosis Foundation | Quality improvement | 2023 | $84,000 |
| Public Health Institute | Research | 2023 | $63,334 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $26,470 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $25,000 |
| Muscular Dystrophy Association | Movr registry support | 2023 | $25,000 |
Grants made · $99.7M in FY2023
5 grants totaling $99.7M in FY2023. All grants made by Cook Childrens Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Cook Childrens Physician Network | Subsidize operations | $99,658,309 |
| The Junior League of Fort Worth Inc | Sponsorship | $35,000 |
| March of Dimes Inc | Sponsorship | $17,500 |
| Ronald Mcdonald House of Fort Worth Inc | Sponsorship | $10,000 |
| Breakthrough T1d | Sponsorship | $7,500 |
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Frequently asked questions
- Is Cook Childrens Medical Center a legitimate nonprofit?
- Yes. Cook Childrens Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2051646, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Cook Childrens Medical Center's EIN?
- Cook Childrens Medical Center's Employer Identification Number (EIN) is 75-2051646.
- How much revenue does Cook Childrens Medical Center report?
- Cook Childrens Medical Center reported $2,221,876,718 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cook Childrens Medical Center's spending goes to programs?
- Cook Childrens Medical Center spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cook Childrens Medical Center have?
- CharityIndex grades Cook Childrens Medical Center A, based on program efficiency and fundraising cost.
- How much does Cook Childrens Medical Center's highest-paid employee make?
- The highest reported compensation on Cook Childrens Medical Center's latest Form 990 is $929,105, paid to Stanley E Davis (Sr. Vp, Chief Operating Officer).
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Data for Cook Childrens Medical Center (EIN 75-2051646) 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.