Civic Intelligence

Kvc Hospitals Inc

EIN 27-1672159 • 501(c)3 • Olathe, KS

Profile

It is the mission of kvc hospitals to enrich children's lives by providing comprehensive and compassionate trauma-informed psychiatric care, behavioral healthcare, education and medical services.

21350 W 153rd StOlathe, KS 66061

www.kvc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.50x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.31x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

52nd percentile

5.4%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$434,966

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

7.0%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$33,664,605

Up $4,441,972 (+15%) from 2023

Liabilities

Up

$16,727,828

Up $1,510,584 (+9.9%) from 2023

Net Assets

Up

$16,936,777

Up $2,931,388 (+21%) from 2023

Revenue

Up

$54,698,461

Up $3,584,867 (+7.0%) from 2023

Expenses

Up

$51,767,073

Up $4,699,287 (+10.0%) from 2023

Net Income

Down

$2,931,388

Down $1,114,420 (-28%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $4,881,691Liabilities 2011: $1,409,037Net Assets 2011: $3,472,6542011Assets 2012: $4,711,116Liabilities 2012: $1,040,487Net Assets 2012: $3,670,6292012Assets 2013: $6,043,950Liabilities 2013: $1,381,049Net Assets 2013: $4,662,9012013Assets 2014: $6,697,229Liabilities 2014: $1,602,755Net Assets 2014: $5,094,4742014Assets 2015: $4,846,556Liabilities 2015: $1,695,385Net Assets 2015: $3,151,1712015Assets 2016: $5,100,220Liabilities 2016: $1,650,315Net Assets 2016: $3,449,9052016Assets 2017: $5,198,618Liabilities 2017: $1,892,460Net Assets 2017: $3,306,1582017Assets 2018: $8,153,021Liabilities 2018: $2,041,292Net Assets 2018: $6,111,7292018Assets 2019: $15,018,981Liabilities 2019: $3,686,483Net Assets 2019: $11,332,4982019Assets 2020: $20,777,945Liabilities 2020: $9,667,436Net Assets 2020: $11,110,5092020Assets 2021: $14,298,341Liabilities 2021: $6,508,539Net Assets 2021: $7,789,8022021Assets 2022: $13,630,960Liabilities 2022: $3,739,136Net Assets 2022: $9,891,8242022Assets 2023: $29,222,633Liabilities 2023: $15,217,244Net Assets 2023: $14,005,3892023Assets 2024: $33,664,605Liabilities 2024: $16,727,828Net Assets 2024: $16,936,7772024

Highlighted filing

2024

Assets$33,664,605
Liabilities$16,727,828
Net Assets$16,936,777

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $17,813,6662011Expenses 2012: $16,144,3832012Expenses 2013: $19,401,4592013Revenue 2014: $19,749,840Expenses 2014: $20,819,162Net Income 2014: -$1,069,3222014Revenue 2015: $19,295,153Expenses 2015: $20,620,585Net Income 2015: -$1,325,4322015Revenue 2016: $22,834,919Expenses 2016: $21,975,848Net Income 2016: $859,0712016Revenue 2017: $24,295,299Expenses 2017: $21,508,223Net Income 2017: $2,787,0762017Revenue 2018: $26,430,357Expenses 2018: $25,191,996Net Income 2018: $1,238,3612018Revenue 2019: $27,688,141Expenses 2019: $26,517,372Net Income 2019: $1,170,7692019Revenue 2020: $29,563,065Expenses 2020: $37,680,054Net Income 2020: -$8,116,9892020Revenue 2021: $36,590,391Expenses 2021: $36,824,474Net Income 2021: -$234,0832021Revenue 2022: $47,118,589Expenses 2022: $41,683,167Net Income 2022: $5,435,4222022Revenue 2023: $51,113,594Expenses 2023: $47,067,786Net Income 2023: $4,045,8082023Revenue 2024: $54,698,461Expenses 2024: $51,767,073Net Income 2024: $2,931,3882024

Highlighted filing

2024

Revenue$54,698,461
Expenses$51,767,073
Net Income$2,931,388

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.7$16.7$16.9$54.7$51.8$2.93
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$15.2$14.0$51.1$47.1$4.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$3.74$9.89$47.1$41.7$5.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$6.51$7.79$36.6$36.8$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$9.67$11.1$29.6$37.7$8.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$3.69$11.3$27.7$26.5$1.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.15$2.04$6.11$26.4$25.2$1.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.20$1.89$3.31$24.3$21.5$2.79
2016Detailed filing. Detailed filing data is available for this year.$5.10$1.65$3.45$22.8$22.0$0.86
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$1.70$3.15$19.3$20.6$1.33
2014Detailed filing. Detailed filing data is available for this year.$6.70$1.60$5.09$19.7$20.8$1.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$1.38$4.66$19.4
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.71$1.04$3.67$16.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$1.41$3.47$17.8
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.1
Gross Receipts
$36,590,391
Mission and Program Overview

Mission

It is the mission of kvc hospitals to enrich children's lives by providing comprehensive and compassionate trauma-informed psychiatric care, behavioral healthcare, education and medical services.

It is the mission of kvc to enrich and enhance the lives of children and their families by providing medical and behavioral healthcare, social services and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$6,662,770$6,795,685▲ $132,915
Savings and Temporary Cash Investments$4,434,431$4,848,546▲ $414,115
Land, Buildings, and Equipment, Net$9,121,536$1,725,688▼ $7,395,848
Cash and Non-Interest-Bearing Accounts$345,330$787,381▲ $442,051
Prepaid Expenses and Deferred Charges$193,878$121,041▼ $72,837
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$20,777,945$14,298,341▼ $6,479,604
Other Assets Total$20,000$20,000→ $0
Liabilities
Unsecured Notes Loans Payable$3,183,400$3,183,400→ $0
Accounts Payable and Accrued Expenses$2,712,186$3,095,845▲ $383,659
Deferred Revenue$475,905$0▼ $475,905
Other Liabilities$3,295,945$229,294▼ $3,066,651
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$9,667,436$6,508,539▼ $3,158,897
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,110,509$7,789,802▼ $3,320,707
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$11,110,509$7,789,802▼ $3,320,707
Total Liabilities and Net Assets / Fund Balance$20,777,945$14,298,341▼ $6,479,604

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,043,457$1,450,701$2,494,158
Equipment$565,408$1,883,624$2,449,032
Other Land Buildings$116,823-$116,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anh H VinhExecutive Medical DirectorFT$256,441$25,368$281,809
Robert EklofeDir./president - Kvc HospitalsFT$124,541$26,809$151,350
James RobersonVP of Behavioral Health Oper.FT$108,237$30,703$138,940
Melissa BarkmeyerAdvance Practice RnFT$125,473$9,174$134,647
Ryan SpeierDir/pres Kvc Hospital End 7/20FT$96,341$16,412$112,753

Board Members and Trustees

NameTitle
Jason HooperDirector/chair/CEO Kvc Hsi
Erin StuckyDir./vice Chair/sec./COO Hsi
Vishal Adma MdDirector
Lonnie JohnsonDirector/CIO Kvc Hsi
Chad AndersonDir./asst. Secretary/CCO Hsi
Marilyn JacobsonDir./treasurer/CFO End 07/2020
Sherri LoheDir./treasurer/CFO Kvc Hsi

Highest Paid Contractors

ContractorServicesLocationCompensation
Integrated Psych ConsultantsContracted Services15316 PERRY STREET, Overland Park, KS 66221$3,345,116
Philip E KuhnContracted ServicesPO BOX 115, Victoria, KS 67671$286,535
Walker UniformUniform Services1601 PROSPECT AVE, Kansas City, MO 64127$257,489
United Linen And UniformUniform ServicesPO BOX 458, Bartlesville, OK 74005$137,482
Quest DiagnosticsLab ServicesPO BOX 772976, Chicago, IL 60677$102,034
Revenue and Support

Revenue Composition

Contributions and Grants
$283,369
Program Service Revenue
$34,139,073
Investment Income
$37,363
Other Revenue
$2,130,586
All Other Contributions
$232,557
Change in Net Assets
$-234,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$21,794,540
Other Expenses$15,029,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,502,059--$17,502,059
Fees for Services Other$4,883,887$0$0$4,883,887
Fees for Services Management-$3,467,644-$3,467,644
Other Employee Benefits$2,431,437--$2,431,437
Occupancy$1,783,650--$1,783,650
Office Expenses$1,607,045--$1,607,045
Payroll Taxes$1,431,780--$1,431,780
Other Expenses$694,540--$0
Information Technology$647,790--$647,790
Insurance$591,243--$591,243
Depreciation Depletion$265,692--$265,692
Pension Plan Contributions$238,102--$238,102
Current Officers, Directors, Trustees, and Key Employees$191,162--$191,162
Fees for Services Legal$175,096--$175,096
Conferences and Meetings$162,049--$162,049
Travel$106,524--$106,524
Advertising$77,329--$77,329
All Other Expenses$55,821--$55,821
Interest$31,834--$31,834
Total Functional Expenses$33,356,830$3,467,644$0$36,824,474
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Vishal Adma Md PaSee Part VSee Part VNo$3,290,894

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Affiliate$229,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jason hooper, erin stucky, sherri lohe, chad anderson, marilyn jacobson, and lonnie johnson have a business relationship.

Form 990, Part VI, Section A, Line 6

Kvc health systems, inc., a kansas not-for-profit corporation, is the sole member of kvc hospitals, inc. Kvc health systems, inc. Is designated as the sole member; kvc health systems, inc. Continues to qualify as a qualified organization as described in section 501(c)(3) and sections 509(a)(3) of the irc. Kvc health systems, inc. Has the right to change the number of directors, to appoint and elect and remove the members of kvc hospitals, inc.'s board of directors. Kvc health systems, inc. Has the power to approve significant decisions of kvc hospitals, inc. Kvc health systems, inc. Is not entitled to receive a share of kvc hospitals, inc.'s profits. Kvc health systems, inc. Is entitled to kvc hospitals, inc.'s net assets upon dissolution.

Form 990, Part VI, Section A, Line 7A

Kvc health systems, inc. Being the sole member of kvc hospitals, inc. Has the right to elect all members of the board of directors.

Form 990, Part VI, Section A, Line 7B

The corporate bylaws of kvc hospitals, inc. Identify certain rights and powers which are reserved to kvc health systems, inc. The sole member. In each instance, the rights and powers reserved to the sole member may be summarized as follows: 1. Board of directors - the sole member has the power to elect the board of directors, remove directors, and change the number of directors. 2. Articles of incorporation and bylaws - kvc hospitals, inc. Articles of incorporation and bylaws may be amended by the sole member. 3. Annual budgets - the sole member has the power to approve or disapprove annual budgets adopted by the board of directors and to establish levels of approval authority for kvc hospitals, inc. 4. Dissolution or liquidation - the sole member has the power to approve in advance any proposed dissolution and/or liquidation of kvc hospitals, inc.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions and concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990.

Form 990, Part VI, Section B, Line 12C

Each year board members and officers fill out a packet that details any conflicts of interest. If any conflicts exist, the board member with the conflict does not participate in the discussion or vote on the issue involving the conflict.

Form 990, Part VI, Section B, Line 15A

The executive team periodically utilizes an independent compensation consultant and also analyzes information from the form 990s of other organizations (of similar and comparable services, size, scope and geographics). In addition the human resources department reviews wage reports and compensation surveys annually. These sources of information are used for review of the organization's top management official.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and conflict of interest policy are available upon request to the accounting managers. Financial statement information that was used to prepare the 990 is available at www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Kvc Hospitals Inc
EIN
27-1672159
In Care Of
% SHERRI LOHE
Phone
9133224900
Address
21350 W 153RD ST, OLATHE, KS 66061

Signing Officer

Name
Sherri Lohe
Title
CFO
Phone
9133224900
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Hooper
Formed
2010
Legal Domicile
Ks
Voting Board Members
7
Independent Board Members
0
Employees
760
Volunteers
160

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Kvc hospitals hays is a psychiatric residential treatment facility (prtf) located in hays, kansas providing compassionate care for children and teens who are struggling with their behavioral health. It is accredited by the joint commission and for over 12 years has adhered to the highest industry standards for safety and security. Kvc is known for providing enhanced psychiatric treatment for youth with the most complex mental health diagnoses who are referred for services by community mental health centers, medical hospitals, providers, and other community partners involved in child wellbeing. Kvc works with youth and their families to provide compassionate and effective care by creating individualized treatment plans based on each clients individual needs and these plans are created in collaboration with each child, their family, and the appropriate community providers. Kvc is recognized as an industry leader locally and nationally for its excellence in the implementation of trauma systems therapy (tst) and several other evidence-based treatments and best practice models. It also serves as a teaching site for bachelor and master level social workers, therapists, nurses, and other healthcare and mental health professionals from universities throughout the area, encouraging top talent to pursue local careers.

Form 990, Part III, Line 4B

Kvc hospitals kansas city provides a continuum of youth psychiatric services at its 75-acre campus in kansas city, kansas through its inpatient acute hospital and psychiatric residential treatment facility (prtf). It is accredited by the joint commission and for over 30 years has provided compassionate care for thousands of children and teens while adhering to the highest industry standards for safety and security. Kvc is known for providing enhanced psychiatric treatment for youth with the most complex mental health diagnoses who are referred for services by community mental health centers, medical hospitals, providers, and other community partners involved in child wellbeing. Kvc works with youth and their families to provide compassionate and effective care by creating individualized treatment plans based on each clients individual needs and these plans are created in collaboration with each child, their family, and the appropriate community providers. Kvc is recognized as an industry leader locally and nationally for its excellence in the implementation of trauma systems therapy (tst) and several other evidence-based treatments and best practice models. It also serves as a teaching site for child psychiatry fellows from the university of kansas medical center and bachelor and master level social workers, therapists, nurses, and other healthcare and mental health professionals from universities throughout the area, encouraging top talent to pursue local careers

Form 990, Part III, Line 4C

Kvc hospitals wichita is an inpatient acute psychiatric hospital located in wichita, kansas providing compassionate care for children and teens who are struggling with their behavioral health. It is accredited by the joint commission and since opening in july 2019 has adhered to the highest industry standards for safety and security while serving thousands of youth annually. Kvc is known for providing enhanced psychiatric treatment for youth with the most complex mental health diagnoses who are referred for services by community mental health centers, medical hospitals, providers, and other community partners involved in child wellbeing. Kvc works with youth and their families to provide compassionate and effective care by creating individualized treatment plans based on each clients individual needs and these plans are created in collaboration with each child, their family, and the appropriate community providers. Kvc is recognized as an industry leader locally and nationally for its excellence in the implementation of trauma systems therapy (tst) and several other evidence-based treatments and best practice models. It also serves as a teaching site for bachelor and master level social workers, therapists, and other healthcare and mental health professionals from universities throughout the area, encouraging top talent to pursue local careers

Form 990, Part XI, Line 9

Intercompany transfer $ (3,465,000) intercompany eliminations $ 378,376 ---------------- total $ (3,086,624)

Form 990 Part IX Line 11G

Description:contract physicians total fees:3447718

Form 990 Part IX Line 11G

Description:contract labor total fees:801335

Form 990 Part IX Line 11G

Description:consulting total fees:634834

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Raw XML AppendixShowing 400 of 1,148 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt0KVC BEHAVIORAL HEALTHCARE I
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt1KVC HEALTH SYSTEMS INC
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt2KVC BEHAVIORAL HEALTHCARE WE
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt3KVC BEHAVIORAL HEALTCARE KEN
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt4KVC BEHAVIORAL HEALTHCARE NE
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt5KVC HOSPITALS INC
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt6KVC FOUNDATION INC
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt7NILES HOME FOR CHILDREN
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