Cook Childrens Medical Center - Prosper
79% goes to programs $0 to raise $100 Thin reserves
Cook Childrens Medical Center - Prosper is a 501(c)(3) organization based in Fort Worth, Texas, registered in 2021, with $104,690,685 in FY2023 revenue. CharityIndex grades it C, and it directs about 79% of spending to programs.
801 7th Ave, Fort Worth, TX, 76104 EIN 85-2354189 Since 2021
Revenue (FY2023)
$104.7M
▲ 108.8% vs prior year
Health median: $840K
Expenses (FY2023)
$129.4M
Net assets
-$81.2M
Employees
483
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating79% 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 - Prosper: 79% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -24% 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 - Prosper: 0 mo reserves · -24% margin earns a F 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 - Prosper: 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 - Prosper: 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 $0 (FY2020) to $104.7M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $369.8MNet assets -$81.2M
Operating margin
-23.6%
Spent more than it raised in the latest fiscal year.
Total assets
$288.6M
Total liabilities
$369.8M
Net assets
-$81.2M
Salaries & benefits
$53.4M
41% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $104,690,685▲109% | $129,431,422▲39.2% | -$81,150,275▼43.9% | $288,609,811▲18.8% | 990 |
| 2022 | $50,141,080▲197742% | $92,976,629▲586% | -$56,409,538▼316% | $243,010,723▲42.4% | 990 |
| 2021 | $25,344 | $13,552,732▲28982% | -$13,573,989▼29028% | $170,694,010▲189% | 990 |
| 2020 | $0 | $46,601 | -$46,601 | $59,107,939 | 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: Nancy C Cychol — $420,732 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nancy C Cychol | President/chief Hospital Services | 1 | $420,732 |
| Kevin Greene | Vp, Prosper Medical Center | 40 | $299,394 |
| Sheralyn Hartline | Avp, Nursing & Patient Care | 40 | $250,334 |
| Kristen Elzey | Manager, Pharmacy Operations, Ccmcp | 40 | $195,028 |
| Clifford Ho | Pharmacy Clinic Specialist | 40 | $190,918 |
| Stefanie Tanner | Director, Nurse & Patient Care | 40 | $186,752 |
| Tri Tran | Pharmacist, Ccmcp | 40 | $175,713 |
| Abigail Reed | Manager, Pharmacy, Retail, Ccmcp | 40 | $161,267 |
| Rick W Merrill | Ceo | 2 | $137,772 |
| Stephen W Kimmel | Evp, System Finance | 2 | $48,707 |
| Andrew S Wayne | Trustee - Vice Chairman | 2 | — |
| Anne M Carvalho | Trustee - Vice Chairman End 5/31/24 | 2 | — |
| Bonnie Petsche | Trustee | 1 | — |
| Cory R Rhoades | Chief Financial Officer | 1 | — |
| Edwin S Ryan | Trustee | 1 | — |
| Frank A Anderson | Trustee End 5/31/24 | 1 | — |
| James C Cunningham Md | Evp, Cmo | 1 | — |
| John P Boswell | Trustee - Chairman | 2 | — |
| Jonathan Nedrelow Md | Associate Chief Medical Officer | 1 | — |
| Joseph M Gallagher | Sr. Vp, Chief Legal Officer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Linbeck Group LLC | Construction Work | $12,341,084 |
| Dynamic System Inc | Construction Services/ Dodson II | $950,960 |
| Hks Inc | Services - Architecture/ Design Prof | $653,284 |
| Fisk Electric Co | Construction Services/ Dodson II | $601,863 |
| Landscape Partners | Landscaping Services | $456,391 |
Grants received · $272K total
3 grants to Cook Childrens Medical Center - Prosper totaling $272K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| W I Cook Foundation Inc | Financial assistance | 2023 | $104,867 |
| W I Cook Foundation Inc | Financial assistance | 2022 | $143,259 |
| W I Cook Foundation Inc | Financial assistance | 2021 | $24,008 |
Grants made · $15.5M in FY2023
1 grant totaling $15.5M in FY2023. All grants made by Cook Childrens Medical Center - Prosper →
| Recipient | Purpose | Amount |
|---|---|---|
| Cook Childrens Physician Network | Subsidized support | $15,484,051 |
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Compare Cook Childrens Medical Center - Prosper
Frequently asked questions
- Is Cook Childrens Medical Center - Prosper a legitimate nonprofit?
- Yes. Cook Childrens Medical Center - Prosper is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-2354189, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Cook Childrens Medical Center - Prosper's EIN?
- Cook Childrens Medical Center - Prosper's Employer Identification Number (EIN) is 85-2354189.
- How much revenue does Cook Childrens Medical Center - Prosper report?
- Cook Childrens Medical Center - Prosper reported $104,690,685 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cook Childrens Medical Center - Prosper's spending goes to programs?
- Cook Childrens Medical Center - Prosper spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cook Childrens Medical Center - Prosper have?
- CharityIndex grades Cook Childrens Medical Center - Prosper C, based on program efficiency and fundraising cost.
- How much does Cook Childrens Medical Center - Prosper's highest-paid employee make?
- The highest reported compensation on Cook Childrens Medical Center - Prosper's latest Form 990 is $420,732, paid to Nancy C Cychol (President/chief Hospital Services).
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Data for Cook Childrens Medical Center - Prosper (EIN 85-2354189) 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.