Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: NET PATIENT REVENUE

  total $47,368,095 · related or exempt $47,368,095

• 2b · Program service revenue: OUTPATIENT PHARMACEUTI

  total $16,078,005 · related or exempt $16,078,005

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $280,325 · program services $195,119 · management and general $85,206

• 7 · Other salaries and wages

  total $4,077,037 · program services $2,837,804 · management and general $1,239,233

• 9 · Other employee benefits

  total $940,539 · program services $654,658 · management and general $285,881

• 11g · Fees: other

  total $370,770 · program services $281,563 · management and general $89,207

• 13 · Office expenses

  total $21,490 · management and general $21,490

• 14 · Information technology

  total $31,444 · management and general $31,444

• 16 · Occupancy

  total $200,804 · program services $160,643 · management and general $40,161

• 17 · Travel

  total $42,861 · program services $42,861

• 21 · Payments to affiliates

  total $2,818,901 · program services $2,818,901

• 22 · Depreciation, depletion and amortization

  total $97,821 · program services $63,584 · management and general $34,237

• 24a · Other expenses: PHARMACEUTICAL SUPPLIES

  total $43,029,485 · program services $42,888,353 · management and general $141,132

• 24b · Other expenses: MEDICAL SUPPLIES

  total $2,870,532 · program services $2,832,432 · management and general $38,100

• 24c · Other expenses: NUTRITIONAL SUPPLIES

  total $1,981,286 · program services $1,981,286

• 24d · Other expenses: EQUIPMENT RENTAL

  total $130,654 · program services $130,146 · management and general $508

• 24e · All other expenses

  total $46,065 · program services $11,355 · management and general $34,710

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,918,364 · end of year $1,354,467

• 4 · Accounts receivable

  beginning of year $7,050,726 · end of year $7,785,233

• 8 · Inventories for sale or use

  beginning of year $1,835,564 · end of year $2,413,506

• 10a · Land, buildings and equipment: cost or other basis

  $899,737

• 10b · Land, buildings and equipment: accumulated depreciation

  $740,244

• 10c · Land, buildings and equipment, net

  beginning of year $208,839 · end of year $159,493

• 15 · Other assets

  beginning of year $0 · end of year $2,906,738

• 17 · Accounts payable and accrued expenses

  beginning of year $1,114,781 · end of year $1,267,124

• 25 · Other liabilities

  beginning of year $20,052,485 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $6,846,227 · end of year $13,352,313

The filer's explanations (Part III)

PART I, LINE 1A

RADY CHILDREN'S HEALTH SERVICES - SAN DIEGO (RCHSS) PROVIDED A DISCRETIONARY SPENDING ACCOUNT TO FIVE OFFICERS LISTED ON FORM 990, PART VII. THE AMOUNT PROVIDED WAS INCLUDED IN EACH OF THE INDIVIDUAL'S TAXABLE INCOME.

PART I, LINE 3

RADY CHILDREN'S HEALTH SERVICES - SAN DIEGO (RCHSS) RELIED ON A RELATED ORGANIZATION, RADY CHILDREN'S HOSPITAL AND HEALTH CENTER (RCHHC), THAT USES ONE OR MORE OF THE METHODS DESCRIBED IN SCHEDULE J. PART I, LINE 3, TO ESTABLISH THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL'S COMPENSATION. SEE FORM 990, PART VI, SECTION B, LINE 15 FOR ADDITIONAL INFORMATION.

PART I, LINES 4A-B

RADY CHILDREN'S HOSPITAL AND HEALTH CENTER HAS ESTABLISHED A NON-QUALIFIED PLAN PURSUANT TO 457(F) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THIS PLAN IS TO INCENTIVIZE RADY CHILDREN'S HOSPITAL - SAN DIEGO ELIGIBLE SENIOR MANAGEMENT EMPLOYEES (PRESIDENT, SENIOR VICE PRESIDENTS, VICE PRESIDENTS, SENIOR MANAGING DIRECTORS) IN RECOGNITION OF THE FACT THAT THEY ARE REQUIRED TO DEVOTE SIGNIFICANT AMOUNTS OF TIME, SKILL AND ENERGY TO THE ORGANIZATION. THE AMOUNTS INCLUDED IN SCHEDULE J PART II COLUMN (C) ARE SUBJECT TO SUBSTANTIAL FUTURE SERVICE REQUIREMENTS TO THE ORGANIZATION AND ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. ONCE VESTED THE AMOUNTS UNDER THIS PLAN ARE REPORTED ON FORM W-2 AS TAXABLE COMPENSATION TO THE INDIVIDUAL. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENTS FROM THE PLAN DURING CALENDAR YEAR 2022: ANH SHARMA ($2,507), GAIL KNIGHT, MD ($105,788), STEPHEN JENNINGS ($84,524), ANGELA M. VIEIRA ($51,137), PATRICK FRIAS, MD ($172,355), NICHOLAS M. HOLMES, MD ($108,979), JAMES J. ULI, JR ($33,909), AND JILL STRICKLAND ($19,268).

PART I, LINE 4A

ANH SHARMA RECIEVED $42,564 IN SEVERANCE PAYMENTS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHILDREN'S HOSPITAL INSURANCE LTD

  C · CAPTIVE INSURANCE · BD

  Directly controlled by RCHHC

• RADY CHILDREN'S PHYSICIAN MANAGEMENT SERVICE

  C · MGMT-PHYS OFF · CA

  Directly controlled by RCHHC

• CHILDREN'S HOSPITAL INTEGRATED RISK PROTECTION

  C · CAPTIVE INSURANCE · BD

  Directly controlled by RCHHC