Children's Hospital Colorado Foundation

Nonprofit profile at a glance

EIN
840813462
IRS 990 coverage
2015–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
Aurora, CO, US
Phone
720-777-1700
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Single Organization Support

Official website

Reported finances

Revenue
$76,431,633
Expenses
$71,199,078
Assets
$95,522,513
Liabilities
$19,898,063

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

Leadership & pay

60 people listed

Executive titles in this filing

  • JENNIFER DARLING (PRESIDENT AND CEO)
  • JENA HAUSMANN (EX-OFFICIO, PRES & CEO CHCO)
  • KATHARINE DUGAN (SENIOR VICE PRESIDENT AND CORP TREASURER)
  • BRIDGET RICHARDS (VICE PRESIDENT)
  • KENDALL CORDOVA (VICE PRESIDENT)
  • KERI KALLAWAY (VICE PRESIDENT)

Highest reported compensation

  • JENA HAUSMANN (EX-OFFICIO, PRES & CEO CHCO): $4,286,194 total reported compensation
  • JEFFREY HARRINGTON (EX-OFFICIO, CFO CHCO): $1,379,706 total reported compensation
  • JENNIFER DARLING (PRESIDENT AND CEO): $910,519 total reported compensation

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

Overview

Mission

To support Children's Hospital Colorado in providing exceptional pediatric care, advancing research, and improving child health outcomes.

What it reported doing in 2024

Children's hospital Colorado foundation believes all children should have the chance for a healthy, hopeful future and is solely dedicated to advancing the mission of children's hospital Colorado. The foundation supports children's Colorado's strategic plan by inspiring and facilitating philantropic investments and engaging and informing the community about the impact of philantropy on the health and well-being of children. Annual community support helps children's Colorado care for more kids than any other hospital in our region, ensures access to world-class pediatric healthcare expertise families who need us, and drives life-saving innovations and medical discoveries that transform child health.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 96
  • Accountability: 96
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 75.9%; rating input score 76
  • Fundraising efficiency: $6.49 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: 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: 93.8%; rating input score 94; 44th 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: 6.8%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 7.5%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 51st percentile among comparable filings

Details

  • What they do: 12 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 71.2% of revenue deployed · 75.9% of spending went to programs
  • Governance: 45 of 48 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $54M in reported program spending
  • Leadership: top reported pay $4.3M · 60 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.2M reported
  • Consistency: 48 of 48 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 4 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 — Financial Efficiency: Fundraising efficiency scored 29/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.