Pediatric Specialty Group INC: Nonprofit Profile, Financials & Form 990 (EIN 46-3756071)

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

80%

20%

Program services 80% · $72.7M Management & general 20% · $18.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

30 people listed on the 990; $12.7M paid to officers and key staff.

Part VII, Section A · reportable compensation

Redmond P Burke

Chief Cardiovascular Surg

$1,955,063Pt VII · Sec A

Toba N Niazi

Director

$1,039,000Pt VII · Sec A

John Ragheb

Chief Neurosurgery

$1,035,048Pt VII · Sec A

Chad a Perlyn

Director & Interim President & Sec (as of Aug 2020)

$1,023,763Pt VII · Sec A

Craig J Spurdle

Director & Vice Chair

$1,021,470Pt VII · Sec A

Stephen George

Director

$984,360Pt VII · Sec A

Thomas J Errico

Orthopedic Attending Physician

$858,617Pt VII · Sec A

Sandeep Dave

Director

$796,765Pt VII · Sec A

See Pediatric Specialty Group INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides expert, multi-specialty pediatric care, education, and research for children.

Questions for Pediatric Specialty Group INC

Tap to ask. Pediatric Specialty Group INC sees how many people are interested.

Your first name shows with your question. Pediatric Specialty Group INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $72.7M · in their own filed words · FY2020

01

In 2020, nicklaus children's pediatric specialists employed 251 providers to support the ongoing functions of nicklaus children's health system and nicklaus children's hospital in the following sub-specialties: adolescent medicine, ALLERGY/IMMUNOLOGY, cardiology, cardiovascular surgery, clinical genetics and metabolism, critical care…

$72.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2020

Miami Children's Health System Foundation INCFY2020$5K

Total grants receivedfrom 1 funder$5K

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$58.3M

Ln 12

Fees for servicesLn 2g$56.6M

Gifts and grantsLn 1h$1.7M

Other incomeLn 4–11$7K

Money outPt IX

$90.9M

Ln 25

Programscol B$72.7M

Managementcol C$18.2M

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

30

listed · VII A

PaidVII A19

Voting boardVI 1a20

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.7M

Government grantsLn 1e$1.5M

Fees for servicesLn 2g$56.6M

Other incomeLn 4–11$7K

Total revenueLn 12$58.3M

Assets in detailPt X, end of year

CashLn 1$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 5533

VolunteersI 65

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$1K	$0
Land, buildings, equipmentLn 10c	$4K	$0
Total assetsLn 16	$10.8M	$0
LiabilitiesLn 26	$10.8M	$0
Net assetsLn 32	$0	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$5.5M	$4.4M	$1.1M	$0
Other salaries and wagesLn 7	$50.7M	$40.6M	$10.1M
Pension plan contributionsLn 8	$419K	$326K	$93K
Other employee benefitsLn 9	$4.1M	$3.2M	$811K
Payroll taxesLn 10	$3.0M	$2.4M	$583K
Other fees for servicesLn 11g	$18.5M	$14.8M	$3.7M	$0
Advertising and promotionLn 12	$24K	$19K	$5K
Office expensesLn 13	$441K	$353K	$88K
Information technologyLn 14	$9K	$7K	$2K
OccupancyLn 16	$3.2M	$2.6M	$638K
TravelLn 17	$177K	$142K	$35K
InsuranceLn 23	$3.6M	$2.9M	$724K
Other expenses (24a–d)Ln 24	$1.2M	$953K	$238K
All other expensesLn 24e	−$1K	$6K	−$7K	$0
Total functional expensesLn 25	$90.9M	$72.7M	$18.2M	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2020 Latest Viewing	$58.3M	$90.9M	−$32.6M	$0	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2020 990 (6 parts)

Part I · Summary $58,299,031 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,050,346$1,658,824

I-9 Program service revenuePrior year $71,457,446$56,633,609

I-10 Investment income$0

I-11 Other revenuePrior year $25,365$6,598

I-12 Total revenuePrior year $72,533,157$58,299,031

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $74,863,270$63,702,540

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $31,402,970$27,193,752

I-18 Total expensesPrior year $106,266,240$90,896,292

I-19 Revenue less expensesPrior year −$33,733,083−$32,597,261

Part VI · Governance 5 of 20 board members independent, 2 to look at

VI-1a Voting members of the governing body20

VI-1b Independent voting members5

VI-2 Family or business relationship among officers or directorsYes

VI-15a Process for setting top official's payNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $58,299,031 across 7 lines filed

VIII-1d Related organizations$201,869

VIII-1e Government grants$1,456,955

VIII-1h Total contributions, gifts and grants$1,658,824

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $56,633,609$56,633,609

VIII-6 Net rental income or lossExcluded from tax $0$0

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,598$6,598

VIII-12 Total revenueRelated to mission $56,640,207 · Unrelated business $0 · Excluded from tax $0$58,299,031

Part IX · Statement of functional expenses $90,896,292 across 14 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $4,438,573 · Management $1,109,643 · Fundraising $0$5,548,216

IX-7 Other salaries and wagesPrograms $40,571,312 · Management $10,142,828$50,714,140

IX-8 Pension plan contributionsPrograms $325,562 · Management $93,138$418,700

IX-9 Other employee benefitsPrograms $3,242,719 · Management $811,415$4,054,134

IX-10 Payroll taxesPrograms $2,383,866 · Management $583,484$2,967,350

IX-11g Other fees for servicesPrograms $14,837,283 · Management $3,709,321 · Fundraising $0$18,546,604

IX-12 Advertising and promotionPrograms $18,890 · Management $4,723$23,613

IX-13 Office expensesPrograms $352,802 · Management $88,200$441,002

IX-14 Information technologyPrograms $6,859 · Management $1,715$8,574

IX-16 OccupancyPrograms $2,551,558 · Management $637,889$3,189,447

IX-17 TravelPrograms $141,601 · Management $35,400$177,001

IX-23 InsurancePrograms $2,894,262 · Management $723,566$3,617,828

IX-24 Other expenses (24a–d)Programs $952,561 · Management $238,141$1,190,702

IX-24e All other expensesPrograms $6,241 · Management −$7,260 · Fundraising $0−$1,019

IX-25 Total functional expensesPrograms $72,724,089 · Management $18,172,203 · Fundraising $0$90,896,292

Part X · Balance sheet $0 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $1,130$0

X-4 Accounts receivableStart of year $8,437,763$0

X-10c Land, buildings and equipment, netStart of year $3,769$0

X-15 Other assetsStart of year $2,378,507$0

X-16 Total assetsStart of year $10,821,169$0

X-17 Accounts payable and accrued expensesStart of year $6,907,194$0

X-25 Other liabilitiesStart of year $3,913,975$0

X-26 Total liabilitiesStart of year $10,821,169$0

X-32 Total net assets or fund balancesStart of year $0$0

X-33 Total liabilities and net assetsStart of year $10,821,169$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$58,299,031

XI-2 Total expenses$90,896,292

XI-3 Revenue less expenses−$32,597,261

XI-4 Net assets at start of year$0

XI-5 Net unrealized gains (losses) on investments$0

XI-9 Other changes in net assets$32,597,261

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Pediatric Specialty Group INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Pediatric Specialty Group INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV