Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
EIN 52-1654453 • 501(c)3 • Washington, DC
Profile
Children's research institute dba children's national research institute conducts and promotes translational and clinical medical research and education programs that lead to improved understanding, prevention, treatment, and care of childhood diseases.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 3.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$28,748,923
Up $912,415 (+3.3%) from 2023
Liabilities
Up$480,454,381
Up $31,756,834 (+7.1%) from 2023
Net Assets
Down-$451,705,458
Down $30,844,419 (-7.3%) from 2023
Revenue
Up$102,117,603
Up $12,444,642 (+14%) from 2023
Expenses
Up$132,962,022
Up $13,268,189 (+11%) from 2023
Net Income
Down-$30,844,419
Down $823,547 (-2.7%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Children's research institute dba children's national research institute conducts and promotes translational and clinical medical research and education programs that lead to improved understanding, prevention, treatment, and care of childhood diseases.
See schedule ochildren's national research institute conducts and promotes translational and clinical medical research and education programs that lead to improved understanding, prevention, treatment, and care of childhood diseases.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $18,739,834 | $19,206,546 | ▲ $466,712 |
| Land, Buildings, and Equipment, Net | $9,096,674 | $9,542,377 | ▲ $445,703 |
| Total Assets | $27,836,508 | $28,748,923 | ▲ $912,415 |
| Liabilities | |||
| Other Liabilities | $426,857,467 | $456,840,408 | ▲ $29,982,941 |
| Deferred Revenue | $18,225,487 | $17,277,939 | ▼ $947,548 |
| Accounts Payable and Accrued Expenses | $3,614,593 | $6,336,034 | ▲ $2,721,441 |
| Total Liabilities | $448,697,547 | $480,454,381 | ▲ $31,756,834 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-420,861,039 | $-451,705,458 | ▼ $30,844,419 |
| Total Net Assets Fund Balance | $-420,861,039 | $-451,705,458 | ▼ $30,844,419 |
| Total Liabilities and Net Assets / Fund Balance | $27,836,508 | $28,748,923 | ▲ $912,415 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $8,215,544 | $14,251,126 | $22,466,670 |
| Other Land Buildings | $1,325,631 | - | $1,325,631 |
| Leasehold Improvements | $1,202 | $415,633 | $416,835 |
| Name | Title |
|---|---|
| Michelle Riley-brown | Chair, Pres/CEO (cnmc) From 07/23 |
| Kurt D Newman Md | Former Board Chair, Pres/CEO Cnmc |
| Vittorio Gallo Phd | Board Vice Chairman to 09/23 |
| Mary Anne Hilliard | Board Secretary |
| Aldwin Lindsay | Evp, CFO & Board Treasurer |
| David Wessel Md | Chief Medical Officer |
| YVES D'UDEKEM D'ACOZ MD | Chief of Cardio Surgery |
| Robert Keating Md | Chief of Neurosurgery |
| Mark L Batshaw Md | Senior Investigator |
| Anthony Sandler Md | SVP Center of Excellence |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Huron Consulting Group INC | Consulting Services | 1800 M ST NW, Washington, DC 20036 | $910,784 |
| K Rogers Consulting LLC | Consulting Services | 19847 CENTURY BLVD SUITE 200, Germantown, MD 20874 | $339,171 |
| Oblon Mcclelland Maier & Neustadt LLP | Legal Services | 1940 DUKE ST, Alexandria, VA 22314 | $333,255 |
| Maggio Kattar Nahajzer Alexander PC | Legal Services | 1800 MASSACHUSETTS AVE NW, Washington, DC 20036 | $209,054 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $72,550,508 |
| Other Expenses | $60,411,514 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $60,363,264 | $4,169,247 | - | $64,532,511 |
| Fees for Services Other | $9,160,812 | $632,731 | - | $9,793,543 |
| Other Employee Benefits | $3,729,432 | $257,589 | - | $3,987,021 |
| Payroll Taxes | $3,217,935 | $222,260 | - | $3,440,195 |
| Depreciation Depletion | $2,354,160 | $162,600 | - | $2,516,760 |
| All Other Expenses | $1,419,300 | $97,440 | - | $1,516,740 |
| Office Expenses | $1,064,356 | $73,514 | - | $1,137,870 |
| Travel | $920,716 | $63,593 | - | $984,309 |
| Information Technology | $898,448 | $62,055 | - | $960,503 |
| Other Expenses | $877,592 | $60,615 | - | $938,207 |
| Occupancy | $686,471 | $47,414 | - | $733,885 |
| Current Officers, Directors, Trustees, and Key Employees | $529,767 | $36,591 | - | $566,358 |
| Conferences and Meetings | $478,388 | $33,042 | - | $511,430 |
| Fees for Services Legal | $187,954 | $12,982 | - | $200,936 |
| Insurance | $62,870 | $4,342 | - | $67,212 |
| Pension Plan Contributions | $22,845 | $1,578 | - | $24,423 |
| Advertising | $8,878 | $613 | - | $9,491 |
| Total Functional Expenses | $110,328,163 | $22,633,859 | $0 | $132,962,022 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Affiliates | $456,840,408 |
“Members or stockholders children's national medical center dba children's national is the sole member of children's national research institute.”
“Members or stockholders the sole member of children's national research institute has the right to elect directors of children's national research institute.”
“Members or stockholders the articles and by-laws of children's national research institute describe certain rights reserved to the sole member.”
“Form 990 review process once the form 990 and all schedules have been prepared by the organization's professional tax services provider, the relevant committees of the organization, entity operational leadership, and finance management review applicable portions of the form 990. Cri posts a copy of the form 990 to the cri board's portal prior to filing with the irs. The completed form 990 is also made available to the board of children's national prior to filing with the irs.”
“Conflict of interest policy monitoring & enforcement children's national and subsidiaries asks that each officer, director, and key employee complete a conflict of interest form at least every year. In addition, each officer, director, and key employee is instructed to amend the conflict of interest form immediately upon a change in status of any of the questions on the form. These forms are reviewed annually by the chief legal officer and conflicts of interests are noted. The children's national board makes a determination, based on the recommendation of the chief legal officer as to which persons should be considered "interested parties" based on the criteria set forth in the board's governance policy. Form 990, part vi, lines 13 and 14: governing policies children's national research institute is governed by the policies of its parent, children's national. These policies include a written whistleblower policy and a written document retention and destruction policy.”
“Process for determining compensation children's national research institute relies on its parent, children's national, to determine compensation for cri's president. Children's national used a compensation committee, independent compensation consultant, compensation survey or study, and approval by the people, culture and compensation committee of the board to establish compensation.”
“How documents are made available to the public children's national research institute makes its governing documents, conflict of interest policy, financial statements, and form 990 available upon request.”
“The filing organization has entered "0" in part v, line 1a and line 2a because the organization's 1099 and w-2 returns are filed by and under the name and ein of children's hospital, inc., a related entity, under a shared services agreement.”
“Liability for uncertain tax positions (asc 740) fin 48 financial statement footnote from children's national medical center (children's national), of which children's national research institute is a subsidiary, is as follows: children's national evaluates uncertain tax positions using a two-step approach for recognizing and measuring tax benefits taken or expected to be taken in an unrelated business activity tax return and disclosures regarding uncertainties in tax positions. There was no impact on children's national's financial statements during the years ended june 30, 2024 and 2023 as children's national has no uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | SEE SCHEDULE OCHILDREN'S NATIONAL RESEARCH INSTITUTE CONDUCTS AND PROMOTES TRANSLATIONAL AND CLINICAL MEDICAL RESEARCH AND EDUCATION PROGRAMS THAT LEAD TO IMPROVED UNDERSTANDING, PREVENTION, TREATMENT, AND CARE OF CHILDHOOD DISEASES. |
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| IRS990/Desc | 0 | CENTER FOR NEUROSCIENCE RESEARCH (CNR) - SEE SCHEDULE O.PROGRAM SERVICE ACTIVITY 1CENTER FOR NEUROSCIENCE RESEARCH (CNR): THE CNR HAS GROWN RAPIDLY IN THE PAST 10 YEARS WITH SIGNIFICANT INCREASES IN THE PROGRAM AND THE GENERATION OF IMPORTANT SCIENTIFIC DISCOVERIES. THE CNR CURRENTLY COMPRISES 50 FACULTY MEMBERS WITH FULL APPOINTMENTS AT OUR ACADEMIC AFFILIATE, THE GEORGE WASHINGTON UNIVERSITY SCHOOL OF MEDICINE AND HEALTH SCIENCES (GW). IN RECOGNITION OF THESE ACCOMPLISHMENTS, CNMC CONSTRUCTED A NEW FLOOR OF LABORATORY SPACE IN 2008 TO SERVE AS HOME FOR THE CNR AND TO PROVIDE ADDITIONAL SPACE FOR RECRUITMENTS. THE CNR CURRENTLY RESIDES IN OVER 12,000 SQUARE FEET OF OPEN ARCHITECTURE RESEARCH SPACE. WE BELIEVE THAT THE CNR IS NOW UNIQUELY POISED TO ACCOMPLISH ITS MISSION, AS ITS RESEARCH PROGRAM, RESEARCH LABS, AND SUPPORTING INFRASTRUCTURES ARE NOW PHYSICALLY LOCATED ON THE 6TH FLOOR OF THE MAIN BUILDING OF CNMC. THIS ALLOWS CLOSE INTERACTIONS BETWEEN BASIC NEUROSCIENTISTS, TRANSLATIONAL NEUROSCIENTISTS, AND CLINICIAN NEUROSCIENTISTS, INCLUDING CHILD NEUROLOGISTS, NEONATOLOGISTS, AND CRITICAL CARE PEDIATRICIANS. THIS UNIQUE AND EXCITING SETTING HAS SUPPORTED AND PROMOTED A LARGE NUMBER OF RESEARCH PROJECTS THAT SPAN BASIC, TRANSLATIONAL AND CLINICAL RESEARCH IN NEURODEVELOPMENTAL DISORDERS. THE CNR INCLUDES EIGHT MAJOR AREAS OF RESEARCH, INCLUDING NEURAL STEM CELLS AND DEVELOPMENTAL NEUROBIOLOGY, BRAIN INJURY AND BRAIN PROTECTION, PERINATAL HYPOXIA AND HYPEROXIA, EPILEPSY, NEURO-ONCOLOGY, NEUROFIBROMATOSIS, ATTENTION DEFICIT HYPERACTIVITY DISORDER, AND AUTISM. THE CNR COMPRISES AN EXPANDING GROUP OF HIGHLY PRODUCTIVE LAB-BASED DEVELOPMENTAL NEUROSCIENTISTS, ALL OF WHOM HAVE ESTABLISHED STRONG RESEARCH PROGRAMS AND COLLABORATIONS IN THE AREA OF NEURODEVELOPMENTAL DISORDERS. WHILE THESE INVESTIGATORS HAVE DISTINCT EXPERTISE AND RESEARCH PROGRAMS, THEIR RESEARCH AS A WHOLE IS FOCUSED ON CHILDHOOD NEUROLOGICAL DISORDERS, FROM EARLY STAGES OF WHEN THE NERVOUS SYSTEM IS FIRST ESTABLISHED, TO POSTNATAL STAGES THAT INCLUDE THE FORMATION OF NEURONAL CONNECTIONS AND THE WRAPPING OF NEURONAL PROCESSES BY THE MYELIN INSULATOR. THUS, INVESTIGATORS AT THE CNR HAVE A COMMON GOAL FOR WHICH THEY ARE ALL STRIVING. THE CENTER FOR NEUROSCIENCE RESEARCH HAD $28,607,487 IN EXPENSES FY 2024. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EVP, CFO & BOARD TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR, PRES/CEO (CNMC) FROM 07/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD VICE CHAIRMAN TO 09/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHIEF OF CARDIO SURGERY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SVP CENTER OF EXCELLENCE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHIEF OF NEUROSURGERY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF MEDICAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SENIOR INVESTIGATOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | FORMER BOARD CHAIR, PRES/CEO CNMC |
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| IRS990/MissionDesc | 0 | CHILDREN'S RESEARCH INSTITUTE DBA CHILDREN'S NATIONAL RESEARCH INSTITUTE CONDUCTS AND PROMOTES TRANSLATIONAL AND CLINICAL MEDICAL RESEARCH AND EDUCATION PROGRAMS THAT LEAD TO IMPROVED UNDERSTANDING, PREVENTION, TREATMENT, AND CARE OF CHILDHOOD DISEASES. |
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| IRS990/OtherExpensesGrp/Desc | 1 | INTERDISCIP. RESEARCH |
| IRS990/OtherExpensesGrp/Desc | 2 | MEDICAL SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS AND MAINTENANCE |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RESEARCH REVENUE |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CENTER FOR TRANSLATIONAL SCIENCE - SEE SCHEDULE O.PROGRAM SERVICE ACTIVITY 2CENTER FOR TRANSLATIONAL SCIENCE: THE CENTER FOR TRANSLATIONAL SCIENCE SUPPORTS THE FULL SPECTRUM OF INVESTIGATORS (FACULTY, TRAINEES, AND STAFF) AT CHILDREN'S NATIONAL WHO ARE PERFORMING PATIENT-CENTERED CLINICAL AND TRANSLATIONAL RESEARCH (CTR), AND HEALTH SERVICES RESEARCH (HSR). THE POOL OF SUCH INVESTIGATORS AT CHILDREN'S IS LARGE AND GROWING, AND THESE INDIVIDUALS APPROACH THEIR WORK WITH A WIDE RANGE OF EXPERIENCE, EXPERTISE, AND SUPPORT. IT HOUSES BOTH LARGE PROGRAMS OF EXTRAMURALLY FUNDED RESEARCH (E.G. THE CLINICAL AND TRANSLATIONAL SCIENCE AWARD (CTSA) FUNDED BY NIH, THE HRSA-FUNDED PEDIATRIC EMERGENCY CARE AND APPLIED RESEARCH NETWORK/PECARN) AND FACULTY WITH LIMITED FUNDING WORKING ON SPECIFIC, LIMITED PROJECTS. THIS GROWING CENTER EXPENSED $26,367,716 IN FY 2024. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 26367716 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CENTER FOR CANCER AND IMMUNOLOGY RESEARCH - SEE SCHEDULE O.PROGRAM SERVICE ACTIVITY 3CENTER FOR CANCER AND IMMUNOLOGY RESEARCH: THE CENTER FOR CANCER & IMMUNOLOGY RESEARCH (CCIR) AIMS TO DEVELOP AND APPLY SCIENTIFIC KNOWLEDGE IN THE AREAS OF CANCER, BLOOD, AND INFECTIOUS AND IMMUNOLOGIC DISORDERS TO ADVANCE PATIENT CARE. THE CCIR WAS REORGANIZED TO INTEGRATE THE CLINICAL AND RESEARCH ENTERPRISES IN ONCOLOGY, INFECTIOUS DISEASE, HEMATOLOGY, ALLERGY, IMMUNOLOGY AND RHEUMATOLOGY IN ORDER TO BE ALIGNED WITH THE CENTER FOR CANCER AND BLOOD DISORDERS (CCBD) AND PROMOTE AND FACILITATE THE CONDUCT OF TRANSLATIONAL RESEARCH. THIS REORGANIZATION HAS NOW RESULTED IN THE ESTABLISHMENT OF 5 SECTIONS:1. CHILDHOOD CANCER2. INFECTIOUS DISEASE3. CANCER IMMUNOLOGY/IMMUNOTHERAPY4. HEMATOLOGY & TRANSFUSION MEDICINE 5. ALLERGY, IMMUNOLOGY, RHEUMATOLOGYTHE NEW STRUCTURE HAS ALLOWED THE CCIR LEADERSHIP TO WORK CLOSELY WITH CCBD LEADERSHIP TO BETTER DEVELOP A STRATEGIC GOAL FOR THE FUTURE, INCLUDING STRATEGIC EXPANSION OF RESEARCH PROGRAMS RATHER THAN OPPORTUNISTIC RECRUITMENTS. THE CENTER OF CANCER AND IMMUNOLOGY RESEARCH HAD $22,706,348 IN EXPENSES FY 2024. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 22706348 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | CENTER FOR GENETIC MEDICINE RESEARCH: THE CENTER FOR GENETIC MEDICINE RESEARCH RESEARCHES, DIAGNOSES, AND TREATS GENETIC DISORDERS-DISEASES AND CONDITIONS IN CHILDREN THAT ARE CAUSED BY INHERITED GENES THAT DO NOT FUNCTION NORMALLY. FOUNDED IN 1999, THE CENTER EMPHASIZES TRANSLATIONAL RESEARCH (BENCH-TO-BEDSIDE) AND HARNESSES EMERGING TECHNOLOGIES FOR GENETIC AND PROTEOMIC ANALYSIS.RESEARCHERS AT THE CENTER FOR GENETIC MEDICINE RESEARCH CONDUCT BASIC AND CLINICAL RESEARCH INTO SOME OF CHILDHOOD'S MOST WELL-KNOWN GENETIC DISORDERS, INCLUDING ASTHMA AND LUNG DISEASE, DIABETES, INBORN ERRORS OF METABOLISM, MACULAR DEGENERATION, MUSCULAR DYSTROPHIES, SICKLE CELL DISEASE, OBESITY & METABOLIC SYNDROME AND WHITE MATTER DISEASE. ALMOST ALL OF THE CENTER'S PROGRAMS COMBINE BASIC, CLINICAL, AND/OR COMMUNITY RESEARCH, INCLUDING STUDIES OF: MUSCLE PHYSIOLOGY, GENETICS, & METABOLISM AND DUCHENNE MUSCULAR DYSTROPHY. THE CENTER FOR GENETIC MEDICINE RESEARCH HAD $18,440,934 IN EXPENSES FY 2024.SHEIKH ZAYED INSTITUTE (SZI) FOR PEDIATRIC SURGICAL INNOVATION:LAUNCHED IN SEPTEMBER 2009, THE RESEARCH SPACE OFFICIALLY OPENED IN APRIL 2011. THE SHEIKH ZAYED INSTITUTE FOR PEDIATRIC SURGICAL INNOVATION AT CHILDREN'S NATIONAL REDEFINES WHAT IS POSSIBLE IN SURGERY FOR CHILDREN BY COMBINING RESEARCH AND CLINICAL EXPERTISE INTO ONE COLLABORATIVE TEAM. THE INSTITUTE DEVELOPS KNOWLEDGE, TOOLS, AND PROCEDURES THAT BENEFIT CHILDREN IN THE WASHINGTON DC REGION, ACROSS THE COUNTRY, AND AROUND THE WORLD. THE PRIMARY FOCUS IS TO LEARN FROM TODAY'S SURGERIES AND CONDUCT INNOVATIVE RESEARCH BASED ON THAT KNOWLEDGE TO IMPROVE PEDIATRIC SURGERY FOR CHILDREN. EACH YEAR THE SZI FACULTY PUBLISH OVER 90 PEER REVIEWED ARTICLES IN TOP RANKED JOURNALS, MORE THAN 50 NEW PATENTS HAVE FILED TO DATE, AND MORE THAN 10 STARTUP COMPANIES HAVE BEEN ESTABLISHED. ALL FACULTY AT THE SZI NOW HOLD NATIONALLY RECOGNIZED PEER REVIEWED FUNDING. THE SZI HOSTS THE NATIONAL CAPITAL CONSORTIUM FOR PEDIATRIC DEVICES INNOVATION, AN FDA FUNDED PROGRAM (ONE OF THE 8 IN THE COUNTRY), TO SUPPORT PEDIATRIC FOCUSED PRODUCT DEVELOPMENT AND ADVOCACY. THE SHEIKH ZAYED INSTITUTE FOR PEDIATRIC SURGICAL INNOVATION HAD $14,205,678 IN EXPENSES FY 2024.TOTAL OTHER PROGRAMS: |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) FIN 48 FINANCIAL STATEMENT FOOTNOTE FROM CHILDREN'S NATIONAL MEDICAL CENTER (CHILDREN'S NATIONAL), OF WHICH CHILDREN'S NATIONAL RESEARCH INSTITUTE IS A SUBSIDIARY, IS AS FOLLOWS: CHILDREN'S NATIONAL EVALUATES UNCERTAIN TAX POSITIONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN TAX POSITIONS. THERE WAS NO IMPACT ON CHILDREN'S NATIONAL'S FINANCIAL STATEMENTS DURING THE YEARS ENDED JUNE 30, 2024 AND 2023 AS CHILDREN'S NATIONAL HAS NO UNCERTAIN TAX POSITIONS. |
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