Form 990 for tax year 2023
Filed by EMORY & CHILDRENS PEDIATRIC INSTITUTE INC.
Totals
- Total revenue
- $169,969,812
- Total expenses
- $169,709,452
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $169,687,790
- Investment income
- $282,022
- Other revenue
- $0
- Total assets, end of year
- $68,819,313
- Total liabilities, end of year
- $63,264,101
- Net assets or fund balances, end of year
- $5,555,212
- Program services expenses (Part IX)
- $169,709,452
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $169,709,452
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: PEDIATRIC SERVICES
total $169,687,790 · related or exempt $169,687,790
-
3 · Investment income
total $53,148 · excluded $53,148
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $228,874
-
7c · Gain or loss
securities $228,874
-
7d · Net gain or loss
total $228,874 · excluded $228,874
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $140,810,093 · program services $140,810,093
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $19,816,238 · program services $19,816,238
-
10 · Payroll taxes
total $6,824,427 · program services $6,824,427
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $21,378 · program services $21,378
-
11g · Fees: other
total $118,323 · program services $118,323
-
12 · Advertising and promotion
total $2,232 · program services $2,232
-
13 · Office expenses
total $29,331 · program services $29,331
-
14 · Information technology
total $5,957 · program services $5,957
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,125,052 · program services $1,125,052
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $644,990 · program services $644,990
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: CATERING
total $176,798 · program services $176,798
-
24b · Other expenses: EMPLOYEE RELATIONS
total $41,079 · program services $41,079
-
24c · Other expenses: MEDICAL SUPPLIES
total $21,248 · program services $21,248
-
24d · Other expenses: MISCELLANEOUS EXPENSE
total $72,306 · program services $72,306
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,300,074 · end of year $45,769,408
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $16,004,521 · end of year $17,427,339
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $5,072,313 · end of year $5,351,533
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $271,033
-
17 · Accounts payable and accrued expenses
beginning of year $45,013,312 · end of year $63,264,101
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $1,087,605 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,409,425 · end of year $1,688,646
-
28 · Net assets with donor restrictions
beginning of year $3,866,566 · end of year $3,866,566
Mission and programs · 2023
Mission
EMORY + CHILDREN'S PEDIATRIC INSTITUTE WILL ADVANCE THE SHARED VISION OF EMORY AND CHILDREN'S TO POSITIVELY IMPACT CHILD HEALTH BY FOSTERING AND ENABLING CLINICAL AND ACADEMIC INTEGRATION IN PEDIATRIC CARE, TEACHING AND RESEARCH, WITH COLLABORATION ACROSS SCHOOLS, OPERATING UNITS, AND MEDICAL DISCIPLINES IN THE AREA OF PEDIATRICS; BY CONDUCTING SCIENTIFIC RESEARCH TO DETERMINE THE CAUSES OF AND TO DEVELOP CURES FOR DISEASES AFFLICTING CHILDREN; AND BY FUNDING PEDIATRIC RESEARCH.
Activities or mission (Part I)
TO ADVANCE THE SHARED VISION OF CHILDREN'S HEALTHCARE OF ATLANTA AND EMORY UNIVERSITY TO POSITIVELY IMPACT CHILD HEALTH.
-
FOSTERING AND ENABLING CLINICAL AND ACADEMIC INTEGRATION IN PEDIATRIC CARE, TEACHING AND RESEARCH, WITH COLLABORATION ACROSS SCHOOLS, OPERATING UNITS, AND MEDICAL DISCIPLINES IN THE AREA OF PEDIATRICS; BY CONDUCTING SCIENTIFIC RESEARCH TO DETERMINE THE CAUSES OF AND TO DEVELOP CURES FOR DISEASES AFFLICTING CHILDREN; AND BY FUNDING PEDIATRIC RESEARCH.
Expenses $169,709,452 · Revenue $169,687,790
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ravi ThadhaniRAVI THADHANI
BOARD MBR&CO-PRES (AS OF 1/1)
- Total calculated
- $5,787,179
- From this org
- $0
- From related orgs
- $5,720,604
- Other
- $66,575
- Hours/week
- 2.5 + 65 related
Schedule J breakdown matched by us
- Base
- $0 + $2,469,679 related
- Bonus
- $0 + $1,061,592 related
- Other
- $0 + $2,189,333 related
- Deferred
- $0 + $29,700 related
- Nontaxable benefits
- $0 + $36,875 related
- Filer's total
- $0 + $5,787,179 related
-
Donna HylandDONNA HYLAND
BOARD MEMBER AND CO-PRESIDENT
- Total calculated
- $2,537,820
- From this org
- $0
- From related orgs
- $2,076,341
- Other
- $461,479
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $1,428,486 related
- Bonus
- $0 + $593,047 related
- Other
- $0 + $54,808 related
- Deferred
- $0 + $432,883 related
- Nontaxable benefits
- $0 + $28,596 related
- Filer's total
- $0 + $2,537,820 related
-
Paul ChaiPAUL CHAI
PHYSICIAN
- Total calculated
- $2,237,051
- From this org
- $2,187,052
- From related orgs
- $0
- Other
- $49,999
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $2,000,648
- Bonus
- $186,354
- Other
- $50
- Deferred
- $29,700
- Nontaxable benefits
- $20,299
- Filer's total
- $2,237,051
-
Jonathan S Lewin MDJONATHAN S LEWIN MD
FORMER BOARD MEMBER & CO-PRES
- Total calculated
- $2,022,985
- From this org
- $0
- From related orgs
- $1,712,787
- Other
- $310,198
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $1,679,211 related
- Bonus
- $0
- Other
- $0 + $33,576 related
- Deferred
- $0 + $295,199 related
- Nontaxable benefits
- $0 + $14,999 related
- Filer's total
- $0 + $2,022,985 related
-
Subhadra ShashidharanSUBHADRA SHASHIDHARAN
PHYSICIAN
- Total calculated
- $1,327,649
- From this org
- $1,261,085
- From related orgs
- $0
- Other
- $66,564
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $1,139,198
- Bonus
- $109,210
- Other
- $12,677
- Deferred
- $29,700
- Nontaxable benefits
- $36,864
- Filer's total
- $1,327,649
-
Robert Bruce JrROBERT BRUCE JR
PHYSICIAN
- Total calculated
- $1,318,515
- From this org
- $1,264,915
- From related orgs
- $0
- Other
- $53,600
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $1,147,112
- Bonus
- $106,148
- Other
- $11,655
- Deferred
- $29,700
- Nontaxable benefits
- $23,900
- Filer's total
- $1,318,515
-
Nicholas FletcherNICHOLAS FLETCHER
PHYSICIAN
- Total calculated
- $1,236,611
- From this org
- $1,171,056
- From related orgs
- $0
- Other
- $65,555
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $1,066,269
- Bonus
- $93,132
- Other
- $11,655
- Deferred
- $29,700
- Nontaxable benefits
- $35,855
- Filer's total
- $1,236,611
-
David StephensDAVID STEPHENS
FORMER BOARD MEMBER & CO-PRES
- Total calculated
- $1,188,776
- From this org
- $0
- From related orgs
- $1,148,373
- Other
- $40,403
- Hours/week
- 2.5 + 65 related
Schedule J breakdown matched by us
- Base
- $0 + $831,714 related
- Bonus
- $0 + $311,804 related
- Other
- $0 + $4,855 related
- Deferred
- $0 + $39,935 related
- Nontaxable benefits
- $0 + $468 related
- Filer's total
- $0 + $1,188,776 related
-
Carlos Del RioCARLOS DEL RIO
BOARD MEMBER
- Total calculated
- $1,052,422
- From this org
- $0
- From related orgs
- $1,009,748
- Other
- $42,674
- Hours/week
- 2 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $820,562 related
- Bonus
- $0 + $187,156 related
- Other
- $0 + $2,030 related
- Deferred
- $0 + $30,673 related
- Nontaxable benefits
- $0 + $12,001 related
- Filer's total
- $0 + $1,052,422 related
-
Vikas SukhatmeVIKAS SUKHATME
BOARD MEMBER
- Total calculated
- $1,017,026
- From this org
- $0
- From related orgs
- $953,762
- Other
- $63,264
- Hours/week
- 2 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $950,378 related
- Bonus
- $0
- Other
- $0 + $3,384 related
- Deferred
- $0 + $37,116 related
- Nontaxable benefits
- $0 + $26,148 related
- Filer's total
- $0 + $1,017,026 related
-
Fawwaz Ridwan ShawFAWWAZ RIDWAN SHAW
PHYSICIAN
- Total calculated
- $986,014
- From this org
- $932,652
- From related orgs
- $0
- Other
- $53,362
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $784,404
- Bonus
- $148,198
- Other
- $50
- Deferred
- $29,700
- Nontaxable benefits
- $23,662
- Filer's total
- $986,014
-
Lucky JainLUCKY JAIN
EXECUTIVE DIRECTOR
- Total calculated
- $843,673
- From this org
- $0
- From related orgs
- $777,357
- Other
- $66,316
- Hours/week
- 1 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $641,905 related
- Bonus
- $0 + $61,800 related
- Other
- $0 + $73,652 related
- Deferred
- $0 + $50,432 related
- Nontaxable benefits
- $0 + $15,884 related
- Filer's total
- $0 + $843,673 related
-
Brandon YoderBRANDON YODER
TREASURER
- Total calculated
- $431,422
- From this org
- $0
- From related orgs
- $388,078
- Other
- $43,344
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $308,891 related
- Bonus
- $0 + $77,003 related
- Other
- $0 + $2,184 related
- Deferred
- $0 + $6,360 related
- Nontaxable benefits
- $0 + $36,984 related
- Filer's total
- $0 + $431,422 related
-
Zainab HarveyZAINAB HARVEY
SECRETARY
- Total calculated
- $177,738
- From this org
- $0
- From related orgs
- $121,160
- Other
- $56,578
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $120,560 related
- Bonus
- $0
- Other
- $0 + $600 related
- Deferred
- $0 + $12,098 related
- Nontaxable benefits
- $0 + $44,480 related
- Filer's total
- $0 + $177,738 related
-
Kathelen AmosKATHELEN AMOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Joe RogersJOE ROGERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth BlakeELIZABETH BLAKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan GoldmanJONATHAN GOLDMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Doug HertzDOUG HERTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John RiceJOHN RICE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Stephanie BlankSTEPHANIE BLANK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bill BrosiusBILL BROSIUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Pete McTierPETE MCTIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 3
- IN OCTOBER 2017, CHILDREN'S HEALTHCARE OF ATLANTA AND EMORY FORMALLY OFFERED TO DR. LUCKY JAIN THE CONCURRENT LEADERSHIP ROLES OF CHAIR OF THE DEPARTMENT OF PEDIATRICS WITH EMORY UNIVERSITY SCHOOL OF MEDICINE; CHIEF ACADEMIC OFFICER OF CHILDREN'S HEALTHCARE OF ATLANTA; AND EXECUTIVE DIRECTOR OF EMORY + CHILDREN'S PEDIATRIC INSTITUTE. INTEGRAL TO THESE LEADERSHIP ROLES, DR. JAIN IS EMPLOYED JOINTLY BY EMORY SCHOOL OF MEDICINE AT 50% TIME AND BY CHILDREN'S HEALTHCARE OF ATLANTA AT 50% TIME. EACH ENTITY PROVIDES 50% OF THE SALARY FOR DR. JAIN. EACH YEAR HIS COMBINED ANNUAL SALARY IS REVIEWED JOINTLY BY THE CEO OF CHILDREN'S HEALTHCARE OF ATLANTA; THE DEAN OF EMORY SCHOOL OF MEDICINE; AND THE EXECUTIVE VICE PRESIDENT FOR HEALTH AFFAIRS (EVPHA) FOR EMORY UNIVERSITY. CONSISTENT WITH DETERMINATION OF SALARIES OF OTHER PHYSICIAN LEADERS (E.G., CHAIRS, CHIEFS, CENTER DIRECTORS), THE CHILDREN'S CEO, SCHOOL OF MEDICINE DEAN AND EVPHA REFERENCE ANNUAL MARKET DATA OBTAINED FROM THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES TO DETERMINE SALARY ADJUSTMENTS IN LIGHT OF ANNUAL LEADERSHIP PERFORMANCE. RECOMMENDATIONS TO THE PORTION OF SALARY FUNDED BY EMORY UNIVERSITY FOR DR. JAIN (50%) ARE REVIEWED AND APPROVED BY THE DEAN OF THE SCHOOL OF MEDICINE AND EVPHA AND IN CONSULTATION WITH THE CEO OF CHILDREN'S HEALTHCARE OF ATLANTA.
- SCHEDULE J, PART I, LINE 4B
- IN 2016, CHILDREN'S HEALTHCARE OF ATLANTA, INC. ("CHILDREN'S") COMPENSATION AND BENEFITS COMMITTEE ELECTED TO OFFER AN UPDATED ADDITIONAL RETIREMENT PLAN TO CERTAIN CHILDREN'S EXECUTIVES. THE CHILDREN'S BOARD APPROVED THIS RECOMMENDATION IN EARLY 2017. THE APPROVED PLAN CALLED FOR A NINE YEAR VESTING PERIOD FOR THE CEO AND A FOUR YEAR VESTING PERIOD FOR ALL OTHER PARTICIPANTS, AFTER WHICH PAYOUT TO PARTICIPANTS WOULD BE MADE AS OUTLINED IN THE PLAN DOCUMENTS. IN ADDITION, NON-CEO PARTICIPANTS WILL AUTOMATICALLY VEST ONCE THE PARTICIPANT REACHED TARGETED RETIREMENT DATE. BELOW ARE THE PARTICIPANTS AND THE TOTAL AMOUNT CONTRIBUTED TO THE PLAN FOR EACH DURING 2023: DONNA HYLAND - $ 410,533 FOR PURPOSES OF RETENTION, EMORY MADE CONTRIBUTIONS TO 457(F) DEFERRED COMPENSATION ACCOUNTS FOR THE FOLLOWING INDIVIDUALS, WHICH ARE NOT VESTED AND ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE: JONATHAN S. LEWIN, MD - $252,450 CERTAIN EMORY EXECUTIVES PARTICIPATE IN A SUPPLEMENTAL RETIREMENT PLAN INTENDED TO MAKE UP FOR LIMITS ON COMPENSATION IN THE QUALIFIED RETIREMENT PLAN. RAVI THADHANI - $207,900 (INCLUDED IN COLUMN B(III) FOR SCHEDULE J)
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHILDREN'S HEALTHCARE OF ATLANTA INC
501(C)(3) · HEALTHCARE · GA
Directly controlled by NA
-
501(c)(3) · EDUCATION · GA
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
NA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349310180
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