2021-05-17T14:15:43-05:00 2020-06-30 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2019-07-01 951644029 ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION ORTH 2137421044 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 ANTHONY SCADUTO MD PRESIDENT 2137421044 2021-05-11 1 LISA M CUMMINGS CPA P00043433 9164429100 2021-05-11 2019 2022-09-23 18:48:47Z ORTHOPAEDIC FOUNDATION ANTHONY SCADUTO MD 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 135520319 0 X WWW.ORTHO-INSTITUTE.ORG X 1918 CA THE MISSION OF ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION IS TO SUPPORT THE MEDICAL CARE, RESEARCH AND EDUCATION ACTIVITIES OF ORTHOPAEDIC HOSPITAL, A 501(C)(3) CORPORATION. ORTHOPAEDIC HOSPITAL PROVIDES CARE FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS, REGARDLESS OF ABILITY TO PAY AND ADVANCES CARE WORLDWIDE THROUGH SCIENTIFIC RESEARCH AND MEDICAL EDUCATION. 20 19 0 524 0 0 4254410 7203238 114586 68453 11229710 15069779 5108844 -49055 20707550 22292415 9865406 10452000 0 0 1694882 1612043 0 0 184187 1568106 1732280 13128394 13796323 7579156 8496092 184441078 189602106 2080730 11256868 182360348 178345238 X THE MISSION OF ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION IS TO SUPPORT THE MEDICAL CARE, RESEARCH AND EDUCATION ACTIVITIES OF ORTHOPAEDIC HOSPITAL, A 501(C)(3) CORPORATION. ORTHOPAEDIC HOSPITAL PROVIDES CARE FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS, REGARDLESS OF ABILITY TO PAY AND ADVANCES CARE WORLDWIDE THROUGH SCIENTIFIC RESEARCH AND MEDICAL EDUCATION. 0 0 12116705 10452000 69914 FINANCIAL SUPPORT - THE ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION PROVIDES FINANCIAL SUPPORT TO ORTHOPAEDIC HOSPITAL IN ORDER TO CARRY OUT ITS MISSION TO PROVIDE OUTSTANDING MEDICAL CARE FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS, REGARDLESS OF ABILITY TO PAY, AND ADVANCE CARE WORLDWIDE FOR THOSE PATIENTS THROUGH MEDICAL EDUCATION AND SCIENTIFIC RESEARCH. THERE WERE 52,161 OUTPATIENT VISITS FOR FISCAL YEAR 2020. 201238 0 0 COMMUNITY SERVICES - THE ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION CONDUCTS A NUMBER OF COMMUNITY SERVICES, ONE OF THEM IS THE VOLUNTEER PROGRAM WHICH PROVIDES SUPPORT TO ORTHOPAEDIC HOSPITAL'S PATIENTS AND THEIR IMMEDIATE FAMILY MEMBERS. 524 VOLUNTEERS CONTRIBUTED TO THE PROGRAM FOR FISCAL YEAR 2020. 68161 0 0 COMMUNITY OUTHREACH - THE ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION GRANTS SCHOLARSHIPS TO PATIENTS OF ORTHOPAEDIC HOSPITAL AND TO GRADUATE STUDENTS OF ORTHOPAEDIC HOSPITAL MAGNET HIGH SCHOOL. THE RECIPIENTS ARE EVALUATED UNDER THREE CRITERIA: ACADEMIC RECORDS, COMMUNITY SERVICE AND PERSONAL QUALITIES. GRANTS ARE PAID DIRECTLY TO THE SCHOOLS WHERE STUDENTS ARE ACCEPTED FOR COLLEGE. 12386104 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 42 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OR X DIEMLAN TONNU 2137421044 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 ANTHONY A SCADUTO MD PRESIDENT & CEO 12.00 38.00 X X 0 924338 19788 BRAD FELD TRUSTEE 2.00 2.00 X 0 0 0 CHRISTINE WRIGHT ROPER TRUSTEE 2.00 2.00 X 0 0 0 CORINA VILLARAIGOSA TRUSTEE 2.00 2.00 X 0 0 0 EDWARD D FOX JR TRUSTEE 2.00 2.00 X 0 0 0 HAROLD A DAVIDSON DBA CRA TRUSTEE 2.00 2.00 X 0 0 0 JAMES V LUCK JR MD TRUSTEE 2.00 2.00 X 0 0 0 JASON SILLETTI TRUSTEE 2.00 2.00 X 0 0 0 JEFFREY B PRESTINE TRUSTEE 2.00 2.00 X 0 0 0 JOAN PRESTINE TRUSTEE 2.00 2.00 X 0 0 0 KARON WALVIS TRUSTEE 2.00 2.00 X 0 0 0 KATIE CROMER TRUSTEE 2.00 2.00 X 0 0 0 KERBANU PUDUMJEE TRUSTEE 2.00 2.00 X 0 0 0 MICHAEL DAL BELLO TRUSTEE 2.00 2.00 X 0 0 0 PEVERLY HUKILL PHD TRUSTEE 2.00 2.00 X 0 0 0 RACHEL DAVIS TRUSTEE 2.00 2.00 X 0 0 0 RICHARD GISS TRUSTEE 2.00 2.00 X 0 0 0 STEVE MCDONALD TRUSTEE 2.00 2.00 X 0 0 0 TONI STEELE TRUSTEE 2.00 2.00 X 0 0 0 WILL WYNPERLE TRUSTEE 2.00 2.00 X 0 0 0 DIEMLAN LANNIE TONNU CFO 12.00 38.00 X 0 393481 50179 0 1317819 69967 0 0 1 0 JACK NADEL INC 8701 BELLANCA AVENUE LOS ANGELES CA 90045 MARKETING CONSULTANT/SERVICES 132007 ROBERT HALF INTERNATIONAL INC PO BOX 743295 LOS ANGELES CA 900743295 STAFFING SERVICES 102738 2 177187 7026051 1302013 7203238 ASSETS RELEASED FROM RESTRICTIONS 900099 68453 68453 68453 3304567 3304567 124901000 113135788 11765212 11765212 11765212 41600 177187 92116 -50516 -50516 OTHER INCOME 900099 1461 1461 1461 22292415 69914 0 15019263 10452000 10452000 1373096 824212 439080 109804 54986 33006 17583 4397 112067 67269 35836 8962 71894 43155 22990 5749 2150 1243 822 85 30857 17836 11802 1219 545109 545109 669535 565780 87377 16378 165930 151504 11240 3186 43082 37730 4425 927 9204 8401 626 177 149 86 57 6 4630 3674 936 20 96709 43294 35235 18180 SUPPLIES 55902 47851 6273 1778 COMMUNITY OUTREACH 51750 47233 3519 998 OTHER DIRECT EXPENSES 24760 12161 906 11693 DUES AND SUBSCRIPTIONS 21823 19918 1484 421 10690 9751 732 207 13796323 12386104 1226032 184187 214569 605940 1879824 3618527 112577 69830 116219 75277 20981 40942 149985319 134545686 25366661 37177503 6861147 13543678 184441078 189602106 635773 600784 25642 25642 1419315 10630442 2080730 11256868 X 127659535 128841821 54700813 49503417 182360348 178345238 184441078 189602106 X 8496092 -10733722 -1777480 X X 0 1 X 1 0 X X 1 ORTHOPAEDIC HOSPITAL 951644604 3 1 10452000 0 1 10452000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30389785 398000 274000 1042000 30019785 30276385 1105680 992280 30389785 29719745 1285210 728570 30276385 27140274 2919249 339778 29719745 28300044 -1159770 27140274 0.95000 0.05000 1 0 116219 75277 40942 40942 ALTERNATIVE INVESTMENTS 29974316 C CORE BOND FUND 7203187 C 37177503 OTHER ASSETS 292187 DUE FROM RELATED ORGANIZATIONS 13251491 13543678 DUE TO RELATED ORGANIZATIONS 10630442 10630442 X PART X, LINE 2: OIC, OF, AND OHC ARE SEPARATE LEGAL NOT-FOR-PROFIT ORGANIZATIONS THAT ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUE AND TAXATION CODE OF CALIFORNIA. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2020 AND 2019. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEARS 2017 AND 2016, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE COMBINED STATEMENTS OF FINANCIAL POSITION. GOLF TOURNAMENT 218787 177187 41600 23000 26434 36341 6341 218787 177187 41600 23000 26434 36341 6341 92116 -50516 1 ORTHOPAEDIC HOSPITAL 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 951644604 501(C)(3) 10452000 SUPPORT TO PROVIDE MEDICAL CARE TO CHILDREN WITH MUSCULOSKELETAL DISORDERS 1 0 PART I, LINE 2: THE ORGANIZATION MONITORS THE GRANTS TO THE HOSPITAL TO ENSURE THAT THE GRANTS ARE USED FOR ITS EXEMPT PURPOSE. X X 0 0 0 0 0 0 0 0 0 ANTHONY A SCADUTO MD PRESIDENT & CEO 0 772263 0 0 0 152075 0 16800 0 2988 0 944126 0 0 DIEMLAN LANNIE TONNU CFO 0 345545 0 34608 0 13328 0 16800 0 33379 0 443660 0 0 X 6170 FMV X 600 FMV X 4 1023303 AVG DAILY VALUE X 7 7847 FMV X 27 40425 FMV X TOYS 24 204959 FMV X EVENT UNDERWRITING, INCL. BEVERAGES, RENTALS, ENTERTAINMENT, INSURANCE 14 10467 FMV X PROMO ITEMS 3 7100 FMV X TICKETS/TOURS 1 616 FMV X SCHOOL SUPPLIES 5 276 FMV X GIFT CARD 1 250 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 JOAN AND JEFF PRESTINE ARE BOARD MEMBERS AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 ORTHOPAEDIC HOSPITAL, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT UNDER SECTION 501(C)(3) OF THE CODE, IS THE SOLE MEMBER OF ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION AS MENTIONED IN ITS ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS THE NOMINATING AND GOVERNANCE COMMITTEE, A JOINT COMMITTEE OF THE BOARD OF DIRECTORS AND BOARD OF TRUSTEES, WITH THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. CANDIDATES ARE PROPOSED VIA THE GOVERNANCE COMMITTEE AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY INDIVIDUALS IN THE FOLLOWING ORDER: CFO THEN CEO, SENIOR ADMINISTRATIVE TEAM AND THE AUDIT COMMITTEE BEFORE FINALIZING. THE 990 WILL ALSO BE MADE AVAILABLE FOR BOARD REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION'S BOARD OF TRUSTEES REQUIRE ALL DIRECTORS AND TRUSTEES TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY. THE COMMITTEE REVIEWS THESE STATEMENTS AND PRESENTS ANY POTENTIAL CONFLICT TO THE BOARDS FOR DISCUSSION AND APPROVAL OF ANY ACTION NEEDED. OFFICERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY TO THE HUMAN RESOURCES DEPARTMENT. STATEMENTS ARE REVIEWED BY THE COMPLIANCE OFFICER WHO CHECKS FOR ANY EXISTING CONFLICT. FOR ANY POTENTIAL CONFLICT, THE BOARD, WITH THE ABSTENTION OF THE INTERESTED DIRECTOR, MAY DECIDE WHETHER SUCH DIRECTOR MAY PARTICIPATE IN ANY REPORTING, DISCUSSION, OR VOTE ON THE ISSUE THAT GAVE RISE TO THE POTENTIAL CONFLICT. A MAJORITY OF A QUORUM OF DISINTERESTED DIRECTORS MUST APPROVE OR RATIFY THE TRANSACTION, CONTRACT, OR OTHER MATTER GIVING RISE TO THE ISSUE. THE INTERESTED DIRECTOR MAY BE COUNTED IN DETERMINING WHETHER A QUORUM EXISTS EVEN THOUGH HE OR SHE CANNOT VOTE ON THE ISSUE. ANY DIRECTOR WITH AN INTEREST, RELATIONSHIP, OR RESPONSIBILITY THAT CONFLICTS WITH THE INTEREST OF THE ORGANIZATION SHALL RECUSE HIMSELF OR HERSELF FROM ANY REPORTING, DISCUSSIONS, AND VOTE ON THE ISSUE THAT GIVES RISE TO THE CONFLICT AND, PREFERABLY, FROM THE BOARD OR COMMITTEE MEETING OR APPLICABLE PORTION OF SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 15 OFFICER POSITIONS ARE REVIEWED AND DOCUMENTED BY THE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. KEY PHYSICIAN POSITIONS COMPENSATION IS REVIEWED BY CONSULTANT, ATTORNEY AND APPROVED BY THE STRATEGIC COMMITTEE AND THE BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEES, COMPENSATION IS REVIEWED BY THE CEO WITH THE DIRECTOR OF HUMAN RESOURCES. ORTHOPAEDIC HOSPITAL PARTICIPATES IN SOME SALARY SURVEYS AND BENCHMARKING TOOLS TO COMPARE SALARIES AGAINST THE MARKET. FORM 990, PART VI, SECTION C, LINE 19 ANY INQUIRIES REGARDING THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS SHOULD BE DIRECTED TO THE CFO OR TO AN ORTHOPAEDIC HOSPITAL OFFICER. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -336,000. NET ASSETS RELEASED FROM RESTRICTIONS - OPERATIONS -1,146,000. NET ASSETS RELEASED FROM RESTRICTIONS - TIME EXPIRATION -295,124. OTHER CHANGES IN NET ASSETS -356. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ORTHOPAEDIC HOSPITAL 403 WEST ADAMS BLVD LOS ANGELES CA 90007 951644604 OUTPATIENT CA 501(C)(3) LINE 3 0 OIC HOLDING CORP 403 WEST ADAMS BLVD LOS ANGELES CA 90007 820778259 SUPPORT CHARITABLE PURPOSES OF ORTHOPAEDIC HOSPITAL CA 501(C)(3) LINE 12A, I ORTHOPAEDIC HOSPITAL 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0