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California · Nonprofit

VALLEY CHILDREN'S MEDICAL GROUP

VALLEY CHILDREN'S MEDICAL GROUP (California) receives grants from 3 organizations whose IRS filings report $14,363 to it, the largest being BAKERSFIELD MEMORIAL HOSPITAL ($10,000). 2 of them have funded it in more than one year.

Revenue FY2025
$211M
Funders on record
3
Grants received
$14k
Net assets
$76M
2/3 repeat funderspeak grant-dependency 0%
01What it does

What Valley Children's Medical Group does

Mission

Provide high quality, comprehensive healthcare services to children, regardless of their ability to pay, and to continously improve the health and well-being of children.

As stated on its FY2025 Form 990.

Program

  1. See schedule othe mission of valley children's healthcare is to provide high quality, comprehensive healthcare services to children and to continously improve the health and well-being of individuals with health conditions of pediatric origin, regardless of their ability to pay.Valley Children's Medical Group, a california non-profit public benefit corporation is organized and operated as a 1206(l) tax-exempt medical foundation and is formed for the purpose of advancing the mission of the valley children's healthcare entities, by owning and operating outpatient locations throughout central california, conducting medical research and education, and providing professional physician coverage and related management services. Moreover, in addition to the above, Valley Children's Medical Group treats children in an area suffers severe medical shortages. Finally, over 70% of the medical group's gross patient revenues are from patients covered by medi-cal.

    $203,296,039 spent$202,898,108 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $203,296,039.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($102M) Expenses 100 ($88M) Net assets 100 ($26M)2018 Revenue 137 ($139M) Expenses 118 ($105M) Net assets 231 ($61M)2019 Revenue 127 ($129M) Expenses 135 ($119M) Net assets 273 ($72M)2020 Revenue 121 ($123M) Expenses 139 ($123M) Net assets 274 ($72M)2021 Revenue 115 ($117M) Expenses 132 ($117M) Net assets 275 ($72M)2022 Revenue 128 ($130M) Expenses 143 ($127M) Net assets 287 ($75M)2023 Revenue 143 ($145M) Expenses 163 ($144M) Net assets 289 ($76M)2024 Revenue 160 ($162M) Expenses 184 ($162M) Net assets 288 ($76M)2025 Revenue 208 ($211M) Expenses 239 ($211M) Net assets 290 ($76M)
'17'18'19'20'21'22'23'24'25
Revenue (208)Expenses (239)Net assets (290)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $35M to $89M (+151%).

$35M
$89M
$81M
$81M
$80M
$87M
$88M
$89M
$97M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 2% · 2021 0% · 2022 2% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of VALLEY CHILDREN'S MEDICAL GROUP’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$13M
’17
$35M
’18
$10M
’19
$481k
’20
$303k
’21
$3.1M
’22
$586k
’23
−$245k
’24
$367k
’25
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michele Waldron Former Board

Member, EVP & pc to CEO

Board chair

Jose Elgorriaga

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed101213161514252725
Joined·+5+3+3+3+3+14+6+3
No longer listed·32044345
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $10k → $2k.

Funder
'17
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
2
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $72M from 2 payers (the payer shares this organization's board, largest Valley Children's Hospital). These are real filings, and they are not money VALLEY CHILDREN'S MEDICAL GROUP raised.

From the IRS filings of VALLEY CHILDREN'S MEDICAL GROUP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VALLEY CHILDREN'S MEDICAL GROUP leans on a few funders — its largest provides 70% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VALLEY CHILDREN'S MEDICAL GROUP.

70%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 93% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

VALLEY CHILDREN'S MEDICAL GROUP draws 100% of its grant income from funders outside California, across 2 states in all.

MO
AZ

In-state vs out-of-state, by year

’17
’23
California out of state home

Funder states come from each funder’s own filing. $363 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VALLEY CHILDREN'S MEDICAL GROUP has grown faster than half of the 1,241 health nonprofits its size.

Operating margin0% · below the median
Months of reserve0.2mo · below the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Organizations like VALLEY CHILDREN'S MEDICAL GROUP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

15
board members
87%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 6 related entities

  • Valley Children's Healthcare Foundation · exempt
  • Valley Children's Healthcare · exempt
  • Valley Children's Hospital · exempt
  • Fowler Business & Professional Park LLC · partnership
  • Valley Children's Holdings I LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for VALLEY CHILDREN'S MEDICAL GROUP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VALLEY CHILDREN'S MEDICAL GROUP?
VALLEY CHILDREN'S MEDICAL GROUP (California) receives grants from 3 organizations whose IRS filings report $14,363 to it, the largest being BAKERSFIELD MEMORIAL HOSPITAL ($10,000). 2 of them have funded it in more than one year.
How many funders does VALLEY CHILDREN'S MEDICAL GROUP have?
IRS filings report 3 organizations giving $14,363 in grants to VALLEY CHILDREN'S MEDICAL GROUP, 2 of which have funded it in more than one year.
Who is the largest funder of VALLEY CHILDREN'S MEDICAL GROUP?
BAKERSFIELD MEMORIAL HOSPITAL is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like VALLEY CHILDREN'S MEDICAL GROUP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Valley Children's Medical Group →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing