Civic Intelligence

Pediatric Academic Association Inc. Department of Pediatrics B-132

990 • Fiscal year 2017 • EIN 31-1024403

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 10, 2018

700 Childrens DriveColumbus, OH 43205

(614) 722-5958

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.91x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

19th percentile

0.15x

Higher debt load relative to revenue than 19% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Net Margin

29th percentile

-0.4%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$1,180,620

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2017

Asset Growth

14th percentile

-2.6%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

4.5%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Assets

Down

$20,624,209

Down $550,911 (-2.6%) from 2016

Net Assets

Down

$1,793,702

Down $501,407 (-22%) from 2016

Liabilities

Down

$18,830,507

Down $49,504 (-0.3%) from 2016

Revenue

Up

$129,861,762

Up $5,547,827 (+4.5%) from 2016

Expenses

Up

$130,363,169

Up $5,343,728 (+4.3%) from 2016

Net Income

Up

-$501,407

Up $204,099 (+29%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2010: $15,718,090Liabilities 2010: $14,161,439Net Assets 2010: $1,556,6512010Assets 2011: $12,556,999Liabilities 2011: $11,097,719Net Assets 2011: $1,459,2802011Assets 2012: $13,869,072Liabilities 2012: $12,257,519Net Assets 2012: $1,611,5532012Assets 2014: $19,394,755Liabilities 2014: $16,162,322Net Assets 2014: $3,232,4332014Assets 2015: $20,302,061Liabilities 2015: $17,301,446Net Assets 2015: $3,000,6152015Assets 2016: $21,175,120Liabilities 2016: $18,880,011Net Assets 2016: $2,295,1092016Assets 2017: $20,624,209Liabilities 2017: $18,830,507Net Assets 2017: $1,793,7022017Assets 2018: $20,166,284Liabilities 2018: $19,014,003Net Assets 2018: $1,152,2812018Assets 2019: $21,213,666Liabilities 2019: $21,181,979Net Assets 2019: $31,6872019Assets 2020: $19,374,654Liabilities 2020: $21,644,274Net Assets 2020: -$2,269,6202020Assets 2021: $21,372,334Liabilities 2021: $21,346,261Net Assets 2021: $26,0732021Assets 2022: $19,820,075Liabilities 2022: $21,888,813Net Assets 2022: -$2,068,7382022Assets 2024: $20,308,477Liabilities 2024: $23,368,541Net Assets 2024: -$3,060,0642024

Highlighted filing

2017

Assets$20,624,209
Liabilities$18,830,507
Net Assets$1,793,702

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MExpenses 2010: $71,575,4562010Expenses 2011: $84,744,2482011Expenses 2012: $88,617,9022012Revenue 2014: $108,568,675Expenses 2014: $106,926,601Net Income 2014: $1,642,0742014Revenue 2015: $114,841,420Expenses 2015: $115,073,238Net Income 2015: -$231,8182015Revenue 2016: $124,313,935Expenses 2016: $125,019,441Net Income 2016: -$705,5062016Revenue 2017: $129,861,762Expenses 2017: $130,363,169Net Income 2017: -$501,4072017Revenue 2018: $124,918,724Expenses 2018: $125,560,145Net Income 2018: -$641,4212018Revenue 2019: $133,046,824Expenses 2019: $134,167,418Net Income 2019: -$1,120,5942019Revenue 2020: $138,085,225Expenses 2020: $140,386,532Net Income 2020: -$2,301,3072020Revenue 2021: $153,718,991Expenses 2021: $151,423,298Net Income 2021: $2,295,6932021Revenue 2022: $163,254,333Expenses 2022: $165,349,144Net Income 2022: -$2,094,8112022Revenue 2024: $182,336,817Expenses 2024: $185,335,844Net Income 2024: -$2,999,0272024

Highlighted filing

2017

Revenue$129,861,762
Expenses$130,363,169
Net Income-$501,407
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 10, 2018
Return Version
2017v2.3
Gross Receipts
$129,861,762
Mission and Program Overview

Mission

To serve patients by providing for all, the most effective, efficient, and compassionate medical care possible. To serve the members of the group by providing an opportunity to realize their potential as academicians and receive adequate financial compensation. To serve the department by providing a structure to facilitate excellence in medical teaching and research. To serve the entire organization by maintaining a balance between the economic pressures of fee-for-service medicine and academic productivity.

Provide medical care to affiliated hospital patients, medical research to affiliated hospital's research institute & medical instruction (continued in sched o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$13,630,211$11,355,031▼ $2,275,180
Cash and Non-Interest-Bearing Accounts$3,830,561$5,964,839▲ $2,134,278
Investments Other Securities$2,489,747$2,730,765▲ $241,018
Prepaid Expenses and Deferred Charges$1,221,145$571,303▼ $649,842
Land, Buildings, and Equipment, Net$3,456$2,271▼ $1,185
Savings and Temporary Cash Investments$0$0→ $0
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 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$21,175,120$20,624,209▼ $550,911
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$16,370,887$16,080,365▼ $290,522
Other Liabilities$2,489,747$2,730,765▲ $241,018
Deferred Revenue$19,377$19,377→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$18,880,011$18,830,507▼ $49,504
Net Assets / Fund Balance
Unrestricted Net Assets$2,295,109$1,793,702▼ $501,407
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,295,109$1,793,702▼ $501,407
Total Liabilities and Net Assets / Fund Balance$21,175,120$20,624,209▼ $550,911

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,271$3,654$5,925
Other Securities$2,730,765--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John Cheatham MdProfessorFT$779,086$250,105$1,029,191
Timothy Feltes MdDirector/president/chief Card.FT$475,786$125,147$600,933
Don Hayes MdProfessorFT$427,527$77,423$504,950
Naomi Kertesz Myers MdProfessorFT$330,952$116,183$447,135
Jonathan Finlay MdProfessorFT$307,622$128,190$435,812
Timothy Cripe MdChief Hematology/oncology/profFT$353,445$78,181$431,626
Leslie Mihalov MdChief Emergency MedicineFT$350,621$72,930$423,551
Leif Nelin MdChief NeonatologyFT$290,560$87,909$378,469
Rachel Stanley MdChief Emergency MedicineFT$280,628$89,828$370,456
Kristina Reber MdDirector/chief NeonatologyFT$297,023$56,836$353,859
Karen Mccoy MdDirector/chief Pulmonary Med.FT$289,401$46,052$335,453
John Barnard MdDirector/chairFT$164,723$18,107$182,830
Richard Brilli MdDirectorFT$110,216$11,982$122,198

Board Members and Trustees

NameTitle
Richard MillerDirector
Steven Allen MdDirector (thru April 7, 2017)
Timothy C RobinsonDirector/treasurer
Burk DehorityAdministrative Officer
Rhonda Comer JdSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Nationwide Children's HospitalEnrol-acct-bill-othr700 CHILDRENS DRIVE, Columbus, OH 43205$13,035,047
Osu Internal Medicine LLCMedical Services700 ACKERMAN ROAD STE 630, Columbus, OH 43202$2,340,091
Ohio State University PhysiciansMedical Services700 ACKERMAN ROAD STE 600, Columbus, OH 43202$302,167
The Osu Ambulatory ServicesMedical ServicesPO BOX 183010, Columbus, OH 43218-3010$181,955
Revenue and Support

Revenue Composition

Contributions and Grants
$14,894,057
Program Service Revenue
$114,912,738
Investment Income
$7,731
Other Revenue
$47,236
All Other Contributions
$14,894,057
Change in Net Assets
$-501,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$114,234,993
Other Expenses$16,128,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,933,440$0$0$98,933,440
Fees for Services Other$10,472,842$330,001-$10,802,843
Pension Plan Contributions$6,592,229$0$0$6,592,229
Other Employee Benefits$4,658,454$0$0$4,658,454
Current Officers, Directors, Trustees, and Key Employees$2,767,749$0$0$2,767,749
Payroll Taxes$1,283,121$0$0$1,283,121
Insurance$495,888$2,286$0$498,174
Office Expenses$7,413$184,831$0$192,244
Travel$21,967$75,588$0$97,555
Fees for Services Legal$0$68,386$0$68,386
Fees for Services Accounting$0$61,296$0$61,296
Other Expenses$11,496$717,023-$11,496
Conferences and Meetings$0$8,160$0$8,160
All Other Expenses-$3,362-$3,362
Depreciation Depletion$0$1,185$0$1,185
Information Technology$0$469$0$469
Total Functional Expenses$128,910,582$1,452,587$0$130,363,169
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
No
Subject to proxy tax
No
Insider Transactions and Loans

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
Deferred Compensation$2,730,765
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION B, LINE 11B:

The form 990 was received prior to filing by pediatric academic association director/chair, director/treasurer, administrative officer, nationwide children's hospital controller and the association's controller. In addition, the return is made available to the entire board upon request of the board.

PART VI, SECTION B, LINE 12C:

The association's policy requires that all physicians report conflicts of interest or commitment at the time the conflict arises. Board members are also required to complete disclosure forms annually, regardless of the existence of conflict. All disclosures are reviewed by nationwide children's hospital corporate compliance officer. If a conflict exists, a conflict management plan may be put in place to mitigate the conflict. Physicians and board members are prohibited from voting on any matters with respect to which the individual has disclosed a potential conflict of interest.

PART VI, SECTION B, LINE 15:

The dean of the ohio state university college of medicine reviews the chair's compensation. The chair, assisted by the compensation committee (as advisory only not appointed by the board), reviews each individual's compensation each year in respect to the national surveys of data from the administration of the american association of pediatrics (aaap) and the american association of medical colleges (aamc).

PART VI, SECTION C, LINE 19:

The association does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Pediatric Academic Association Inc
EIN
31-1024403
In Care Of
% KARL PRIEDEMAN
Phone
6147225958
Address
700 CHILDRENS DRIVE, COLUMBUS, OH 43205

Signing Officer

Name
Timothy C Robinson
Title
director/treasurer
Phone
6143553170
Signed
2018-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
john barnard md
Formed
1981
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
2
Employees
500
Volunteers
5

Preparer

Firm
Bdo USA Llp
Address
300 SPRUCE ST STE 100, COLUMBUS, OH 43215
Preparer
Jacob Cook
Phone
6144883126
Supplemental Narrative

Additional Explanations

PART I, LINE 1:

To students of the ohio state university college of medicine.

PART III, LINE 1:

To serve patients without regard to the patients ability to pay, the most effective, efficient, and compassionate medical care possible through professional medical services at Nationwide Childrens Hospital. To further the charitable, educational, and scientific activity for the benefit of The Ohio State University and patients of Nationwide Childrens Hospital, including through teaching and research.

PART III, LINE 4D:

Provide clinical and classroom instruction to students enrolled in the ohio state university college of medicine and to residents and fellows employed at nationwide children's hospital.

PART XII, LINE 2C:

The association is included as part of the nationwide children's hospital consolidated audit. As such, nationwide children's hospital is the entity that has the committee that assumes the responsibility for the oversight of said audit.

Financial Statement Notes

PART X, LINE 2:

Pediatric academic association records accruals for uncertain tax positions under asc 740, income taxes. Pediatric academic association had no significant uncertain tax positions as of december 31, 2017 and 2016.

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IRS990/Form990PartVIISectionAGrp/PersonNm6TIMOTHY FELTES MD
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1648325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1750372
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR (THRU APRIL 7, 2017)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/CHIEF PULMONARY MED.
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR/PRESIDENT/CHIEF CARD.
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR/CHIEF NEONATOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt8ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF EMERGENCY MEDICINE
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF EMERGENCY MEDICINE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF NEONATOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt13PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF HEMATOLOGY/ONCOLOGY/PROF
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01981
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
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IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/IndependentVotingMemberCnt02
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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InsuranceGrp/FundraisingAmt00
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IRS990/InsuranceGrp/ProgramServicesAmt0495888
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IRS990/IntangibleAssetsGrp/BOYAmt00
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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OtherExpensesGrp/Desc0TRF DEANS TAXES
IRS990/OtherExpensesGrp/Desc1PRACTICE PROGRAM EXP.
IRS990/OtherExpensesGrp/Desc2PROF. DEVELOPMENT
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IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0FSA FORFEITURE
IRS990/OtherRevenueMiscGrp/Desc1UNCLAIMED FUNDS
IRS990/OtherRevenueMiscGrp/Desc2COPY FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt046260
IRS990/OtherRevenueMiscGrp/ExclusionAmt1812
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0164

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$23.4$3.06$182$185$3.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$21.9$2.07$163$165$2.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$21.3$0.03$154$151$2.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$21.6$2.27$138$140$2.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$21.2$0.03$133$134$1.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$19.0$1.15$125$126$0.64
2017Detailed filing. Detailed filing data is available for this year.$20.6$18.8$1.79$130$130$0.50
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$18.9$2.30$124$125$0.71
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.3$17.3$3.00$115$115$0.23
2014Detailed filing. Detailed filing data is available for this year.$19.4$16.2$3.23$109$107$1.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$12.3$1.61$88.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$11.1$1.46$84.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$14.2$1.56$71.6