Children's National Hospital

Nonprofit profile at a glance

EIN
521654453
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
1-888-884-BEAR (2327)
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Pediatrics Research

Official website

Reported finances

Revenue
$109,384,265
Expenses
$140,158,871
Assets
$28,721,321
Liabilities
$511,201,385

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

Leadership & pay

25 people listed

Executive titles in this filing

  • MICHELLE RILEY-BROWN (CHAIR, PRES/CEO (CNMC))
  • KURT D NEWMAN MD (FORMER BOARD CHAIR, PRES/CEO CNMC)

Highest reported compensation

  • MICHELLE RILEY-BROWN (CHAIR, PRES/CEO (CNMC)): $2,644,720 total reported compensation
  • YVES D'UDEKEM D'ACOZ MD (CHIEF OF CARDIO SURGERY): $2,533,246 total reported compensation
  • ANTHONY SANDLER MD (SVP CENTER OF EXCELLENCE): $1,934,836 total reported compensation

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

Overview

Mission

Since our inception, Children’s National has been committed to improving the lives of children everywhere through Care, Advocacy, Research and Education.

What it reported doing in 2024

Center for precision medicine and genomics research: the center for precision medicine and genomics research (precision medicine) houses a highly interdisciplinary faculty, with nearly half of the physician-scientists coming from clinical divisions in the hospital. Precision medicine focus on common health problems in Washington, d.c., as well as serving as an international referral site for rare disorders. Faculty and their laboratories are encouraged to be collaborative and many of the center's projects bring together multiple clinical and scientific disciplines. The center strives to provide faculty easy access to the latest technologies in genomics, microscopy, bioinformatics, pre-clinical (murine) drug trials, and multi-site clinical trial networks. The center provides services in these technologies to laboratories throughout the district, and internationally, through a series of national institutes of health (nih) core grants. Drug development and experimental therapeutics are also a major focus. Precision medicine uses data from interdisciplinary studies of molecules and pathways to create interactive physiological models of human health and disease that provide novel insights about potential strategies for disease prevention and treatment.the center had $18,602,007 in expenses fy 2025.sheikh zayed institute (szi) for pediatric surgical innovation: launched in september 2009, the research space officially opened in april 2011. The sheikh zayed institute for pediatric surgical innovation at children's national redefines what is possible in surgery for children by combining research and clinical expertise into one collaborative team. The institute develops knowledge, tools, and procedures that benefit children in the Washington dc region, across the country, and around the world. The primary focus is to learn from today's surgeries and conduct innovative research based on that knowledge to improve pediatric surgery for children. Each year the szi faculty publish over 90 peer reviewed articles in top ranked journals, more than 50 new patents have filed to date, and more than 10 startup companies have been established. All faculty at the szi now hold nationally recognized peer reviewed funding. The szi hosts the national capital consortium for pediatric devices innovation, an fda funded program (one of the 8 in the country), to support pediatric focused product development and advocacy. The sheikh zayed institute for pediatric surgical innovation had $16,352,023 in expenses fy 2025.total other programs: expenses $ 34,954,030. Including grants of $ 83,558,066. Revenue $125,782

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 65
  • Accountability: 87
  • Sustainability: 12
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.1%; rating input score 94; 45th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -28.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 17.8; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 20th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 79.4% of spending went to programs
  • Governance: 16 of 17 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $111.2M in reported program spending
  • Leadership: top reported pay $2.6M · 25 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

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

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.