Choc Foundation

Overview

Mission

Choc foundation was formed to help support clinical and nonclinical services, medical education, research and allied fields of pediatrics at children's hospital of orange county, children's hospital at mission and to support its affiliates.

What it reported doing in 2024

Children's hospital of orange county (choc) - provides specialized pediatric services for the care of children and young adults. During this year, there were 86,338 days of inpatient care; 115,251 emergency room visits; 13,226 surgeries; and 389,979 primary and specialty care clinic visits. Funds raised helps to offset cost of services provided to indigent families.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 87% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
956097416
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Headquarters
Orange, CA, USA
Phone
7149973000
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, Specialty

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 71
  • Accountability: 98
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.7%; rating input score 81
  • Program expense ratio: 82.1%; rating input score 82
  • Fundraising efficiency: $7.18 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.4%; rating input score 96; 49th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.6%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 80.7% of revenue deployed · 82.1% of spending went to programs
  • Governance: 27 of 28 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $42.7M in reported program spending
  • Leadership: top reported pay $2.6M · 40 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.4M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 18 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

40 people listed

Highest reported compensation

  • PATRICK FRIAS MD (PRESIDENT & CEO): $2,563,540 total reported compensation
  • KIMBERLY CRIPE (PRESIDENT & CEO): $2,444,654 total reported compensation
  • KERRI RUPPERT SCHILLER (EVP & CFO (THRU 04/2025)): $1,182,643 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.