2023-05-15T11:40:27-05:00 2022-06-30 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2021-07-01 951644029 ORTHOPAEDIC INSTITUTE FOR CHILDREN FOUNDATION ORTH 2137421044 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 ANTHONY SCADUTO MD PRESIDENT & CEO 2137421044 2023-05-11 1 ANTHONY SCADUTO MD 999009999 LISA M CUMMINGS CPA P00043433 9164429100 2023-05-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ORTHOPAEDIC FOUNDATION ANTHONY SCADUTO MD 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 94451944 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. 23 22 0 553 0 0 1835573 4233955 438746 284178 11289149 13594748 -66046 -334664 13497422 17778217 0 0 0 0 1274662 1202338 0 0 129067 1185489 1101750 2460151 2304088 11037271 15474129 231468506 204322918 5722269 4522508 225746237 199800410 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 1103592 288845 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 ANDSCIENTIFIC RESEARCH. 177939 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, 553 VOLUNTEERS CONTRIBUTED TO THE PROGRAM FOR FISCAL YEAR 2022. 191799 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. 1473330 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 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 36 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 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 789379 3132 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 ELISA RODRIGUEZ TRUSTEE 2.00 2.00 X 0 0 0 HAROLD A DAVIDSON DBA CRA TRUSTEE 2.00 2.00 X 0 0 0 JAMES ARNOLD ESQ 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 (OUTGOING) 2.00 2.00 X 0 0 0 KERBANU PUDUMJEE TRUSTEE 2.00 2.00 X 0 0 0 MARK ZYTKO TRUSTEE 2.00 2.00 X 0 0 0 MIKI JORDAN TRUSTEE 2.00 2.00 X 0 0 0 PEVERLY HUKILL PHD TRUSTEE 2.00 2.00 X 0 0 0 PHILIP HAN 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 TROY JENKINS TRUSTEE 2.00 2.00 X 0 0 0 WILL WYNPERLE TRUSTEE 2.00 2.00 X 0 0 0 DIEMLAN LANNIE TONNU VICE PRESIDENT & CFO 10.00 30.00 X 0 395534 39926 0 1184913 43058 0 0 1 0 0 1233829 3000126 269366 4233955 ASSETS RELEASED FROM RESTRICTIONS 900099 284178 284178 284178 3313744 3313744 86451000 76169996 10281004 10281004 10281004 164400 1233829 503731 -339331 -339331 MISC. INCOME 900099 4667 4667 4667 17778217 288845 0 13255417 1038909 686209 286982 65718 29319 19365 8099 1855 78603 51918 21713 4972 55507 36663 15333 3511 23999 14947 7070 1982 48299 30081 14229 3989 260274 260274 227861 154033 56355 17473 98947 87608 7903 3436 20465 18920 1077 468 186 116 55 15 6846 5171 1640 35 OTHER DIRECT EXPENSES 286302 249434 14196 22672 SUPPLIES 63496 58702 3341 1453 COMMUNITY OUTREACH 47000 43452 2473 1075 DUES AND SUBSCRIPTIONS 12538 11591 660 287 5537 5120 291 126 2304088 1473330 701691 129067 185663 310832 2155212 1927304 34306 37600 141385 87318 15430 54067 177779004 150793800 36759461 36292585 14539430 14906730 231468506 204322918 564773 603441 26939 36162 5130557 3882905 5722269 4522508 X 169085489 149030686 56660748 50769724 225746237 199800410 231468506 204322918 X 15474129 -36426439 -4993517 X X 0 1 X 1 0 X X 1 ORTHOPAEDIC HOSPITAL 951644604 3 1 0 0 1 0 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 37100785 -5053000 813000 31234785 30019785 7982000 901000 37100785 30389785 398000 274000 1042000 30019785 30276385 1105680 992280 30389785 29719745 1285210 728570 30276385 0.94000 0.06000 1 0 141385 87318 54067 54067 ALTERNATIVE INVESTMENTS 19678423 C CORE BOND FUND 16614162 C 36292585 OTHER ASSETS 386392 DUE FROM RELATED ORGANIZATIONS 14520338 14906730 DUE TO RELATED ORGANIZATIONS 3882905 3882905 X PART X, LINE 2: THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2022 AND 2021. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEARS 2019 AND 2018, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. STAND FOR KIDS GALA 2022 1149509 1026709 122800 28924 89343 35999 31950 227362 SWING FOR KIDS GOLF 2021 248720 207120 41600 20259 19785 37626 975 11508 1398229 1233829 164400 49183 109128 73625 32925 238870 503731 -339331 0 0 0 0 0 0 0 0 0 ANTHONY A SCADUTO MD PRESIDENT & CEO 0 756366 0 0 0 33013 0 0 0 3132 0 792511 0 0 DIEMLAN LANNIE TONNU VICE PRESIDENT & CFO 0 349471 0 37610 0 8453 0 0 0 39926 0 435460 0 0 PART I, LINE 3 RELATED ORGANIZATION COMPENSATION: OFFICER POSITIONS ARE REVIEWED AND DOCUMENTED BY THE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. KEY PHYSICIAN POSITION COMPENSATION IS DETERMINED BY THE CEO USING THE MEDICAL GROUP ASSOCIATION SALARY SURVEY AS GUIDELINES. FOR 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. X 20600 FMV X 2 2193 FMV X 1 5218 AVG DAILY VALUE X 14 10185 FMV X TOYS 38 83066 FMV X PROMOTIONAL ITEMS 11 11668 FMV X SCHOOL SUPPLIES 23 3691 FMV 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). 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, 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 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 POSITION COMPENSATION IS DETERMINED BY THE CEO USING THE MEDICAL GROUP ASSOCIATION SALARY SURVEY AS GUIDELINES. FOR 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 -3,388,000. NET ASSETS RELEASED FROM RESTRICTIONS - OPERATIONS -1,023,000. NET ASSETS RELEASED FROM RESTRICTIONS - TIME EXPIRATION -246,000. OTHER CHANGES IN NET ASSETS 100,483. CAPITAL EXPENDITURE -437,000. 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 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0