The Children's Hospitals Neonatal Consortium

Nonprofit profile at a glance

EIN
274684465
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2014, Form 990-N 2016
Location
Dover, DE, USA
Phone
6508772462
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Pediatrics Research

Reported finances

Revenue
$3,059,826
Expenses
$2,714,409
Assets
$3,766,532
Liabilities
$8,348

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

Leadership & pay

11 people listed

Executive titles in this filing

  • KARNA MURTHY (PRESIDENT)
  • MIKE PADULA (VICE PRESIDENT)
  • Jacquelyn EVANS (EXECUTIVE DIRECTOR)
  • THERESA GROVER MD (ASSOCIATE EXECUTIVE DIRECTOR)

Highest reported compensation

  • Jacquelyn EVANS (EXECUTIVE DIRECTOR): $168,383 total reported compensation
  • THERESA GROVER MD (ASSOCIATE EXECUTIVE DIRECTOR): $150,000 total reported compensation
  • JOHN MALLETT (DIRECTOR OF DATA AND ANALYTICS): $128,067 total reported compensation

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

Overview

Mission

Chnc is dedicated to improving care and outcomes for infants in children's hospital nicus through sharing of data, information and ideas for benchmarking, research and development of safety and quality improvement initiatives.

What it reported doing in 2024

The chnc has developed and operates a database used for comparative quality and outcome measures for the unique population of medically complex neonates and infants treated in american academy of pediatrics level iv nicus. There are 49 participating hospitals of this chnc database. Chnc manages a national quality collaborative, annual symposium, and provides the structure for data analytics and reporting by the participating hospitals. This work results in improved patient outcomes and in research publications for the benefit of the public. (see our website at www.thechnc.org for additional information on our activities and accomplishments.)

Operating model

Revenue model
Other-operating. 94% 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 49
  • Accountability: 81
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.4%; rating input score 72
  • Program expense ratio: 80.5%; rating input score 81
  • Fundraising efficiency: $12.82 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Scored; rating input score 0
  • Grant itemization coverage: 0%; rating input score 0; 6th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 17th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11.3%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 25.4%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 17.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 17.7% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 19% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 72.4% of revenue deployed · 80.5% of spending went to programs
  • Governance: 6 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $168K · 11 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $1.1M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.