El Paso Children's Hospital Foundation

What it reported doing in 2024

As the designated fundraising entity for el paso children's hospital (epch), the foundation raises funds for epch through grants, major gifts, events, and children's miracle network (cmn) campaigns, with a strategic focus that aligns with the hospital's priorities to enhance access to specialized, quality healthcare for children in el paso and the surrounding region. In fy25, the foundation provided $1,870,768 in support to epch through equipment contributions, program funding, and direct assistance to patients. A breakdown of fy25 contributions is provided below. Contributions for equipment - $850,000 for eos imaging system - the eos imaging system is a low dose, 3d imaging system that scans a child standing up. An eos scan shows a child's natural, weight-bearing posture and allows for a visual of the interaction of the joints and the rest of the musculoskeletal system, particularly the spine, hips and legs. - $210,055 for ultrasound for fetal echocardiograms - the vivid e95 4d ultra is designed to provide exceptional image quality that is enabled by the sound platform, taking advantage of software image reconstruction and state of the art graphics technology which will allow epch to develop and expand growth with fetal echocardiograms through its cardiologists and the mfm (maternal fetal medicine) program. This equipment increases the volume in echocardiogram and fetal echo exams. - $78,000 for cinema vision goggles - the cinema vision cv2020 represents a significant advancement in mri and fmri patient comfort, entertainment, and research capabilities. Cinema vision provides expanded access to digital media libraries, two-way communication, and significant reduction of mri gradient noise, helping patients feel more comfortable and at ease during their imaging experience. The mri goggles allow patients ages six and older to watch movies during their mri, which can help reduce the need for sedation or anesthesia. - $43,950 for thor photo modulator - thor photo modulation uses infrared light technology to promote cell growth and improve circulation for patients who are on active chemotherapy and develop mucositis. This red-light therapy will improve circulation, promote tissue regeneration, relieve pain, and muscle and joint relief that are supported and recommended by cog protocols. Other contributions to epch - $190,851 for child life program salaries - $138,971 for get-well network - $ 9,750 for kind vr - $ 3,925 for patient assistance contributions to others - $299,571 in general in-kind donations - $ 22,556 in toys - $ 12,203 in other contributions - $ 10,936 for the compassionate care program

Financial Efficiency

• Mission deployment rate: 90.9%; rating input score 91
• Program expense ratio: 97.4%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80.8%; rating input score 81; 15th 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: 9%; rating input score 60; 60th percentile among comparable filings
• Total-asset coverage ratio: 4.76; rating input score 83; 83rd percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 27.7%; rating input score 7; 7th percentile among comparable filings

Growth

• Program expense growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: 2.6% per year; rating input score 100; 24th percentile among comparable filings
• Asset growth: 11.6% per year; rating input score 100; 64th percentile among comparable filings