Pediatric Academic Association Inc
Nonprofit profile at a glance
- EIN
- 311024403
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Columbus, OH, USA
- Phone
- 6147225972
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, Specialty
Reported finances
- Revenue
- $182,336,817
- Expenses
- $185,335,844
- Assets
- $20,308,477
- Liabilities
- $23,368,541
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- CATHERINE KRAWCZESKI MD (DIRECTOR / CHAIR / PRESIDENT)
Highest reported compensation
- ROBERT GAJARSKI MD (PROFESSOR / CHIEF CARDIOLOGY): $678,662 total reported compensation
- CARLO DILORENZO MD (PROFESSOR / CHIEF GASTROENTEROLOGY): $627,939 total reported compensation
- TIMOTHY CRIPE MD (PROFESSOR / CHIEF HEMATOLOGY / ONCOLOGY): $593,992 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 serve patients without regard to the patient's ability to pay, the most effective, efficient, and compassionate medical care possible through professional medical services at nationwide children's hospital. To further the charitable, educational, and scientific activity for the benefit of the Ohio state university and patients of nationwide children's hospital, including through teaching and research.
What it reported doing in 2024
Provide medical care at nationwide children's hospital to all of the sick and injured children who may come to the hospital for diagnosis, treatment and care, without regard to the ability to pay for services.
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- 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: 89
- Transparency & Controls: 79
- Accountability: 58
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 74.6%; rating input score 75; 16th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 42.9%; rating input score 43; 12th 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: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.6%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 1.15; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99% of spending went to programs
- Governance: 3 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $183.6M in reported program spending
- Leadership: top reported pay $679K · 16 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $15.2M reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 2 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.
- Moderate — Accountability: Independent voting board scored 43/100.
- High — Sustainability: Operating margin scored 20/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 54/100.