Promedica Childrens Specialists
Promedica Childrens Specialists faces significant financial challenges with expenses consistently doubling revenue and rapidly increasing liabilities.
EIN: 208734161 · Toledo, OH · NTEE: E30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $18.0M |
| Program Spending | 75% |
| Net Assets | $-12,728,980 |
| Transparency Score | 45/100 |
Search Intent Cockpit
Promedica Childrens Specialists Form 990, Revenue, CEO Pay, and IRS Filing Signals
Promedica Childrens Specialists is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Promedica Childrens Specialists in one place.
Form 990 Filing Summary
3 filing years are available, with latest revenue of $8.2M and expenses of $18.0M.
Revenue and Expenses
Promedica Childrens Specialists reported $8.2M in revenue and $18.0M in expenses, a deficit of $9.8M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Promedica Childrens Specialists Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $13.5M (75%) |
Across stored filings, Promedica Childrens Specialists shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 3 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade D | 3 stored filing years |
| Peer context | Compare with Alliance Of Independent Academic Medical Centers | Ohio and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Toledo, OH nonprofitsHealth in Ohio
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Keep the Investigation Moving
Promedica Childrens Specialists directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Promedica Childrens Specialists
Promedica Childrens Specialists (EIN: 208734161) is a nonprofit organization based in Toledo, OH, classified under NTEE code E30. The organization reported total revenue of $9.7M and total assets of $995K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Promedica Childrens Specialists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Promedica Childrens Specialists is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $18.0M |
| Surplus / Deficit | $-9,816,789 |
| Total Assets | $1.3M |
| Total Liabilities | $14.0M |
| Net Assets | $-12,728,980 |
| Operating Margin | -119.3% |
| Debt-to-Asset Ratio | 1110.5% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Promedica Childrens Specialists reported a deficit of $9.8M with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 1110.5% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Promedica Childrens Specialists's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +14.3% | +55.0% |
| 2022 | +7.7% | +14.1% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Promedica Childrens Specialists with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Promedica Childrens Specialists allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1110.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either no paid officers or that compensation is covered by an affiliated entity, which is a positive indicator for direct program focus if true.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Promedica Childrens Specialists's IRS 990 filings:
- Consistent and significant operating deficits (expenses nearly double revenue in 2023: $18M expenses vs. $8.2M revenue).
- Rapidly increasing liabilities, jumping from $3.7M in 2022 to $13.9M in 2023.
- Assets ($995,165) are significantly lower than liabilities ($13,988,677), indicating potential insolvency.
Strengths
The following positive indicators were identified for Promedica Childrens Specialists:
- Reported 0% officer compensation across all filings, suggesting efficient use of funds for leadership or external support.
- Focus on a critical mission (children's specialists).
Frequently Asked Questions about Promedica Childrens Specialists
Is Promedica Childrens Specialists a legitimate charity?
Promedica Childrens Specialists (EIN: 208734161) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 45/100. It has 3 years of IRS 990 filings on record. Total revenue: $9.7M. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Promedica Childrens Specialists spend its money?
Promedica Childrens Specialists directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Promedica Childrens Specialists tax-deductible?
Promedica Childrens Specialists is registered as a tax-exempt nonprofit (EIN: 208734161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Promedica Childrens Specialists's spending goes to programs?
Promedica Childrens Specialists directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Promedica Childrens Specialists compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Promedica Childrens Specialists is near average for NTEE category E30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Promedica Childrens Specialists located?
Promedica Childrens Specialists is headquartered in Toledo, Ohio and files with the IRS under EIN 208734161. It is classified under NTEE code E30.
How many years of IRS 990 filings does Promedica Childrens Specialists have?
Promedica Childrens Specialists has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $9.7M in total revenue.
How does Promedica Childrens Specialists fund the significant gap between its expenses and revenue, which was over $9.8 million in 2023?
The filings do not explicitly detail the funding sources covering the substantial operating deficits. This could be through parent organization subsidies, grants not classified as revenue, or drawing down reserves, though assets are relatively low compared to liabilities.
What caused the dramatic increase in liabilities from $3,724,592 in 2022 to $13,988,677 in 2023?
The IRS 990 summary data does not provide specific details on the nature of these liabilities. This significant increase warrants further investigation into the organization's balance sheet to understand its composition and implications.
What is the long-term sustainability plan given the consistent operating deficits?
The consistent trend of expenses far exceeding revenue suggests a need for a clear financial sustainability plan, which is not evident from the provided summary data. This pattern is not sustainable without external support or a significant change in financial strategy.
Filing History
IRS 990 filing history for Promedica Childrens Specialists showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Promedica Childrens Specialists's revenue has grown by 27.4%, moving from $6.5M to $8.2M. Total assets increased by 76.7% over the same period, from $713K to $1.3M. Total functional expenses rose by 30.5%, from $13.8M to $18.0M. In its most recent filing year (2023), Promedica Childrens Specialists reported a deficit of $9.8M, with expenses exceeding revenue. The organization holds $14.0M in liabilities against $1.3M in assets (debt-to-asset ratio: 1110.5%), resulting in net assets of $-12,728,980.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.2M | $18.0M | $1.3M | $14.0M | — | — |
| 2022 | $6.9M | $15.8M | $812K | $3.7M | — | View 990 |
| 2021 | $6.5M | $13.8M | $713K | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.2M, expenses of $18.0M, and assets of $1.3M (revenue +18.4% year-over-year).
- 2022: Revenue of $6.9M, expenses of $15.8M, and assets of $812K (revenue +7.7% year-over-year).
- 2021: Revenue of $6.5M, expenses of $13.8M, and assets of $713K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Promedica Childrens Specialists:
Data Sources and Methodology
This transparency report for Promedica Childrens Specialists is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.