Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $3,475,281

• 1c · Fundraising events

  $636,422

• 1f · All other contributions, gifts and grants

  $9,115,693

• 1g · Noncash contributions included above

  $136,288

• 3 · Investment income

  total $830,510 · excluded $830,510

• 7a · Gross sales of assets other than inventory

  securities $9,681,666

• 7b · Less cost or other basis and sales expenses

  securities $9,476,310

• 7c · Gain or loss

  securities $205,356

• 7d · Net gain or loss

  total $205,356 · excluded $205,356

• 8a · Fundraising events: gross income

  $153,475

• 8a · Fundraising events: contributions included on line 1c

  $636,422

• 8b · Fundraising events: direct expenses

  $293,440

• 8c · Net income from fundraising events

  total -$139,965 · excluded -$139,965

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,221,439 · program services $7,221,439

• 7 · Other salaries and wages

  total $1,893,754 · management and general $674,056 · fundraising $1,219,698

• 8 · Pension plan contributions

  total $186,910 · management and general $51,500 · fundraising $135,410

• 9 · Other employee benefits

  total $331,228 · management and general $136,447 · fundraising $194,781

• 10 · Payroll taxes

  total $107,228 · management and general $33,857 · fundraising $73,371

• 11a · Fees: management

  total $11,626 · management and general $11,626

• 11c · Fees: accounting

  total $18,787 · management and general $18,787

• 11e · Fees: professional fundraising services

  total $396,218 · fundraising $396,218

• 11f · Fees: investment management

  total $148,238 · management and general $148,238

• 11g · Fees: other

  total $260,266 · management and general $41,762 · fundraising $218,504

• 12 · Advertising and promotion

  total $10,000 · management and general $2,500 · fundraising $7,500

• 13 · Office expenses

  total $90,334 · management and general $6,536 · fundraising $83,798

• 16 · Occupancy

  total $251 · management and general $63 · fundraising $188

• 17 · Travel

  total $28,841 · management and general $27,973 · fundraising $868

• 19 · Conferences, conventions and meetings

  total $3,501 · management and general $3,501

• 22 · Depreciation, depletion and amortization

  total $15,489 · management and general $15,489

• 23 · Insurance

  total $24,999 · management and general $6,250 · fundraising $18,749

• 24a · Other expenses: TAXES & LICENSES

  total $57,219 · management and general $15,399 · fundraising $41,820

• 24b · Other expenses: BAD DEBT EXPENSE

  total $47,500 · management and general $47,500

• 24c · Other expenses: BANK CHARGES

  total $19,991 · management and general $5,097 · fundraising $14,894

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $1,776 · management and general $444 · fundraising $1,332

• 24e · All other expenses

  total $53,839 · management and general $13,736 · fundraising $40,103

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300 · end of year $300

• 3 · Pledges and grants receivable

  beginning of year $3,139,873 · end of year $3,575,464

• 9 · Prepaid expenses and deferred charges

  beginning of year $378,906 · end of year $423,309

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

  $233,644

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

  $160,708

• 10c · Land, buildings and equipment, net

  beginning of year $83,424 · end of year $72,936

• 11 · Investments: publicly traded securities

  beginning of year $21,437,845 · end of year $22,402,046

• 12 · Investments: other securities

  beginning of year $7,385,867 · end of year $10,728,872

• 15 · Other assets

  beginning of year $995,226 · end of year $1,622,005

• 17 · Accounts payable and accrued expenses

  beginning of year $34,603 · end of year $122,363

• 19 · Deferred revenue

  beginning of year $109,500 · end of year $265,000

• 27 · Net assets without donor restrictions

  beginning of year $1,213,980 · end of year $1,653,963

• 28 · Net assets with donor restrictions

  beginning of year $32,063,358 · end of year $36,783,606

The filer's explanations (Part III)

PART I, LINE 4B

VALLEY CHILDREN'S HOSPITAL, A RELATED ORGANIZATION, HAS FIVE SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS INCLUDING A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP), A DEFERRED COMPENSATION PLAN FOR SELECTED EXECUTIVES, A NON-CONTRIBUTORY, NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR A SELECT GROUP OF MANAGEMENT CALLED THE DEFINED CONTRIBUTION SUPPLEMENTAL EXEC RETIREMENT PLAN (DC SERP), A SPLIT-DOLLAR LIFE INSURANCE PROGRAM AVAILABLE TO KEY EXECUTIVES, AND AN ADDITIONAL DEFERRED COMPENSATION PLAN BENEFITTING CERTAIN KEY EXECUTIVES. MICHELE WALDRON PARTICIPATES IN THE SPLIT-DOLLAR LIFE INSURANCE PROGRAM. DCSERP PAYOUT AND EMPLOYER ACCRUAL TO THE DCSERP FOR CALENDAR YEAR 2022 ARE AS FOLLOWS: ROBERT SAROYON - DCSERP PAYOUT $80,062; ACCRUAL $72,339

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• COMPASS HEALTH ADMINISTRATORS LLC

  BENEFIT ADMIN · CA

• FOWLER BUSINESS & PROFESSIONAL PARK LLC

  REAL ESTATE INVESTMENT · CA

Related corporations and trusts

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

• VALLEY CHILDREN'S HOLDINGS I LLC

  C · INVESTING · CA

• CHARITABLE REMAINDER TRUSTS(6)

  T · HOLDING CO · CA

• FOWLER BUSINESS & PROFESSIONAL PARK PROPERTY OWNERS ASSOCIATION

  C · PROPERTY OWNERS ASSOCIATION · CA