All Children's Health System Inc

Nonprofit profile at a glance

EIN
592481740
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
St Petersburg, FL, USA
Phone
4439975724
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$829,470
Expenses
$817,862
Assets
$52,647,464
Liabilities
$52,617,557

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • K ALICIA SCHULHOF (TRUSTEE, CHAIR, PRESIDENT)

Highest reported compensation

  • KEVIN W SOWERS MSN RN FAA (CORPORATE VICE CHAIR): $2,921,520 total reported compensation
  • GEORGE JALLO MD (TRUSTEE, VICE DEAN/PHYSICIAN IN CHIEF): $1,272,357 total reported compensation
  • K ALICIA SCHULHOF (TRUSTEE, CHAIR, PRESIDENT): $1,145,699 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

All childrens health system, inc. (achs) is the sole corporate member of the following entities: johns hopkins all childrens foundation, inc.all childrens research institute, inc.west coast neonatology, inc.pediatric physician services, inc.kids home care, inc.achs controls, coordinates, and supervises these entities. In addition it provides the managerial support and the long-range strategic planning for these entities.

What it reported doing in 2024

All childrens health system, inc. (system), in its role as sole corporate member of the affiliated organizations, provides healthcare and supports research, education, advocacy and health-related services to children and the community at large. Community benefits are quantified consistent with other not-for-profit healthcare organizations and government guidelines. Community benefits include charity care, subsidized government indigent care programs, community health services, health professional education, subsidized health services, research, financial contributions and community building activities.

Operating model

Revenue model
Affiliate-supported. 96% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 42
  • Sustainability: 49
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.8%; rating input score 97
  • Program expense ratio: 98%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th 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: 1.4%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 64.37; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 101.1%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 14.7% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: -22% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 96.8% of revenue deployed · 98% of spending went to programs
  • Governance: 0 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $802K in reported program spending
  • Leadership: top reported pay $2.9M · 11 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $344K reported
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 40 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.