Children's Hospital League Corporation

What it reported doing in 2023

Every day, the children's hospital league corporation improves and enhances the lives of children dealing with the unimaginable stress of hospitalization. The league's funding has been critical in helping the boston children's hospital provide some of its most important programs, many of which are funded solely through philanthropy provided by the league. More than 500 strong, league members are ambassadors and fundraisers for boston children's hospital - one of the world's premier pediatric care and research centers. League members have a strong commitment to ensure children have access to high-quality pediatric health care. Over time, league support has broadened to include vital hospital programs such as research and medical education.some of the recent programs funded by the league include the following: art therapy, laughter league clowns, center for young women's health, chaplaincy (harpist), community asthma program, entertainment carts, family day, inpatient car seat program, music therapy, pawprints pet visitation program, safety store, summer camp program, teen advisory committee, the foster grandparents program, technology for patients with amyotrophic lateral sclerosis (als), the martha eliot health center and volunteer services and chear - adaptive recreation equipment.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 94.9%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -49.1%; rating input score 6; 6th percentile among comparable filings
• Total-asset coverage ratio: 4.23; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 34; 34th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: -7.5% per year; rating input score 0; 9th percentile among comparable filings
• Asset growth: 0.2% per year; rating input score 100; 27th percentile among comparable filings