Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
EIN 45-2848263 • 501(c)3 • Columbus, OH
Profile
To create a universally safe and healing environment for all children as part of a network of children's hospitals in the united states.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 12.8% of source-year revenue.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Down$8,376,805
Down $790,805 (-8.6%) from 2023
Liabilities
Down$2,071,526
Down $1,426,899 (-41%) from 2023
Net Assets
Up$6,305,279
Up $636,094 (+11%) from 2023
Revenue
Up$6,108,355
Up $157,461 (+2.6%) from 2023
Expenses
Up$5,517,068
Up $215,278 (+4.1%) from 2023
Net Income
Down$591,287
Down $57,817 (-8.9%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To create a universally safe and healing environment for all children as part of a network of children's hospitals in the united states.
To work together to eliminate serious harm across all children's hospitals as part of a network of 140+ children's hospitals in north america.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $5,669,185 | $6,305,279 | ▲ $636,094 |
| Savings and Temporary Cash Investments | $8,676,249 | $6,204,930 | ▼ $2,471,319 |
| Cash and Non-Interest-Bearing Accounts | $289,500 | $1,978,653 | ▲ $1,689,153 |
| Prepaid Expenses and Deferred Charges | $201,861 | $193,222 | ▼ $8,639 |
| Total Assets | $9,167,610 | $8,376,805 | ▼ $790,805 |
| Liabilities | |||
| Deferred Revenue | $2,770,500 | $1,412,250 | ▼ $1,358,250 |
| Accounts Payable and Accrued Expenses | $727,925 | $659,276 | ▼ $68,649 |
| Total Liabilities | $3,498,425 | $2,071,526 | ▼ $1,426,899 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $5,669,185 | $6,305,279 | ▲ $636,094 |
| Total Liabilities and Net Assets / Fund Balance | $9,167,610 | $8,376,805 | ▼ $790,805 |
| Name | Title |
|---|---|
| Rick Merrill | Chairman |
| Nicholas Lashutka | President |
| Steve Davis Md | Vice Chair |
| Carole Hemmelgarn | Trustee |
| Kevin B Churchwell | Trustee |
| Marcy Doderer | Trustee |
| Marissa Kiefer | Trustee |
| Patti Depompei | Trustee |
| Paul Viviano | Trustee |
| Terri L Von Lehmden | Trustee |
| Timothy Robinson | Secretary/tr |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Cincinnati Children's Hosp Medical | Clinical Mgmt | 3333 BURNET AVE, Cincinnati, OH 45229-3039 | $3,549,291 |
| Shepherd Consulting LLC | Clinical Consul | 2947 COURTLAND BLVD, Shaker Heights, OH 44122 | $437,745 |
| Seattle Children's | Mgmt Consult | 6813 EDGEWOOD DRIVE, Burlington, KY 41005 | $336,038 |
| - | Clinical Consul | 4800 SAND POINT WAY NE, Seattle, WA 98105 | $145,953 |
| Line Item | Amount |
|---|---|
| Other Expenses | $5,219,344 |
| Salaries, Compensation, and Employee Benefits | $297,724 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $4,393,758 | $10,566 | - | $4,404,324 |
| Fees for Services Management | $108,982 | $278,098 | - | $387,080 |
| Current Officers, Directors, Trustees, and Key Employees | $148,862 | $148,862 | - | $297,724 |
| Conferences and Meetings | $219,907 | $32,216 | - | $252,123 |
| Fees for Services Legal | - | $88,778 | - | $88,778 |
| Travel | $27,543 | $13,772 | - | $41,315 |
| Insurance | - | $22,887 | - | $22,887 |
| Office Expenses | $1,250 | $11,011 | - | $12,261 |
| Fees for Services Accounting | - | $10,576 | - | $10,576 |
| Total Functional Expenses | $4,900,302 | $616,766 | $0 | $5,517,068 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Section b, item 12c: steve davis, md, vice chairman of the board of ochsps, is also ceo of cincinnati children's hospital medical center (cincinnati children's). Ochsps has a consulting agreement with cincinnati children's to provide services to ochsps. The cincinnati children's contract is approved by the board of directors. Steve davis recuses himself from any discussion or vote related to the cincinnati children's consulting agreement.”
“See schedule r and form 990, page 7 for information about reimbursement to related 501(c)(6) organization for management services of its president. Also see form 990, page 8, section b for a contractor serving as the executive director and managment consultant.”
“Ochsps is composed of 8 members with equal rights to elect directors.”
“The 8 members of ochsps have the sole right to elect directors of the corporation and fill any vacancies.”
“The articles of incorporation and the code of regulations can be amended by a vote of the members.”
“After having been reviewed by staff members, the board approves a draft of the form 990 prepared by the cpa firm prior to it being filed with the irs.”
“The board approved and signed a conflict of interest policy in june, 2016, which requires annual completion of a conflict of interest form by all officers, trustees and key employees that could potentially result in a conflict of interest under the written policy. Once questionnaires are completed, they are reviewed by management and if a relationship exists that may present a conflict of interest, ochsps follows the provisions set forth in its conflict of interest policy to disclose and manage the conflict and determines the appropriate reporting to board committees and, if required, disclosure on the form 990.”
“Pursuant to an employee lease agreement approved by board. All significant vendor contracts are presented to and deliberated at the board level.”
“No documents available to the public except as required by law.”
“Volunteers include a number of clinical experts who work in partner hospitals working on a variety of tasks under the network's scope. Volunteer groups include: the clinical operations core group, clinical leadership group, the learning committee, and the hospital acquired condition subject matter experts.”
“Solutions for patient safety (sps) is a unique learning network consisting of 140+ children's hospitals across north america working together to help each individual hospital make progress on a journey to zero harm in participating institutions. Employing high-reliability concepts and quality improvement science methods, the network is focused on reducing harm by preventing serious safety events, readmissions (within 7 days from discharge), and 15 hospital acquired conditions (hacs): ambulatory safety, adverse drug events, catheter-associated urinary tract infections, central line-associated blood stream infections, employee and staff safety, culture of safety, hospital acquired delirium, injuries from falls, nephrotoxic acute kidney injury, pressure injuries,peripheral intravenous infiltrates/extravasations,safety disparities, surgical site infections, unplanned extubations, and venous thromboembolism. In 2024, the sps network expanded the proactive safety focus which provides five proactive safety playbooks to network hospitals to introduce new tools, including learning teams, proactive safety huddles, proactive safety simulation, language for leadership rounds, and walk-through talk- through. Sps published two new publications related to safety disparities in pediatrics and levofloxacin prophylaxis in pediatric oncology patients and hsct recipients. Through implementation of the network's best practices, children are being protected from harm and costs are being removed from the health care system. Since 2012, this national effort has led to an estimated savings of more than 668 million and saved 30,000 children from serious harm, with a consistent upward trend in harm prevented every month. In 2024, sps hosted a spring in person learning event and a winter virtual learning event engaging over 1600 participants. Additionally, a convention was held for 30+ ceos and top pediatric leaders to utilize peer to peer and industry learnings to identify best practices for eliminating harm with a focus on culture of safety and operational excellence. Sps hosted two webinars and two board trainings to share best practices and discuss industry topics with peers.”
“Clinical steering team fees 669,404 0 0 clinical project contractor 3,604,354 0 0 communication consultant 75,000 10,566 0 strategic planning consultant 45,000 0 0 total 4,393,758 10,566 0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | SOLUTIONS FOR PATIENT SAFETY (SPS) IS A UNIQUE LEARNING NETWORK CONSISTING OF 140+ CHILDREN'S HOSPITALS ACROSS NORTH AMERICA WORKING TOGETHER TO HELP EACH INDIVIDUAL HOSPITAL MAKE PROGRESS ON A JOURNEY TO ZERO HARM IN PARTICIPATING INSTITUTIONS. EMPLOYING HIGH-RELIABILITY CONCEPTS AND QUALITY IMPROVEMENT SCIENCE METHODS, THE NETWORK IS FOCUSED ON REDUCING HARM BY PREVENTING SERIOUS SAFETY EVENTS, READMISSIONS (WITHIN 7 DAYS FROM DISCHARGE), AND 15 HOSPITAL ACQUIRED CONDITIONS (HACS): AMBULATORY SAFETY, ADVERSE DRUG EVENTS, CATHETER-ASSOCIATED URINARY TRACT INFECTIONS, CENTRAL LINE-ASSOCIATED BLOOD STREAM INFECTIONS, EMPLOYEE AND STAFF SAFETY, CULTURE OF SAFETY, HOSPITAL ACQUIRED DELIRIUM, INJURIES FROM FALLS, NEPHROTOXIC ACUTE KIDNEY INJURY, PRESSURE INJURIES,PERIPHERAL INTRAVENOUS INFILTRATES/EXTRAVASATIONS,SAFETY DISPARITIES, SURGICAL SITE INFECTIONS, UNPLANNED EXTUBATIONS, AND VENOUS THROMBOEMBOLISM. IN 2024, THE SPS NETWORK EXPANDED THE PROACTIVE SAFETY FOCUS WHICH PROVIDES FIVE PROACTIVE SAFETY PLAYBOOKS TO NETWORK HOSPITALS TO INTRODUCE NEW TOOLS, INCLUDING LEARNING TEAMS, PROACTIVE SAFETY HUDDLES, PROACTIVE SAFETY SIMULATION, LANGUAGE FOR LEADERSHIP ROUNDS, AND WALK-THROUGH TALK- THROUGH. SPS PUBLISHED TWO NEW PUBLICATIONS RELATED TO SAFETY DISPARITIES IN PEDIATRICS AND LEVOFLOXACIN PROPHYLAXIS IN PEDIATRIC ONCOLOGY PATIENTS AND HSCT RECIPIENTS. THROUGH IMPLEMENTATION OF THE NETWORK'S BEST PRACTICES, CHILDREN ARE BEING PROTECTED FROM HARM AND COSTS ARE BEING REMOVED FROM THE HEALTH CARE SYSTEM. SINCE 2012, THIS NATIONAL EFFORT HAS LED TO AN ESTIMATED SAVINGS OF MORE THAN 668 MILLION AND SAVED 30,000 CHILDREN FROM SERIOUS HARM, WITH A CONSISTENT UPWARD TREND IN HARM PREVENTED EVERY MONTH. IN 2024, SPS HOSTED A SPRING IN PERSON LEARNING EVENT AND A WINTER VIRTUAL LEARNING EVENT ENGAGING OVER 1600 PARTICIPANTS. ADDITIONALLY, A CONVENTION WAS HELD FOR 30+ CEOS AND TOP PEDIATRIC LEADERS TO UTILIZE PEER TO PEER AND INDUSTRY LEARNINGS TO IDENTIFY BEST PRACTICES FOR ELIMINATING HARM WITH A FOCUS ON CULTURE OF SAFETY AND OPERATIONAL EXCELLENCE. SPS HOSTED TWO WEBINARS AND TWO BOARD TRAININGS TO SHARE BEST PRACTICES AND DISCUSS INDUSTRY TOPICS WITH PEERS. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | SECRETARY/TR |
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| IRS990/MissionDesc | 0 | TO WORK TOGETHER TO ELIMINATE SERIOUS HARM ACROSS ALL CHILDREN'S HOSPITALS AS PART OF A NETWORK OF 140+ CHILDREN'S HOSPITALS IN NORTH AMERICA. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | VOLUNTEERS INCLUDE A NUMBER OF CLINICAL EXPERTS WHO WORK IN PARTNER HOSPITALS WORKING ON A VARIETY OF TASKS UNDER THE NETWORK'S SCOPE. VOLUNTEER GROUPS INCLUDE: THE CLINICAL OPERATIONS CORE GROUP, CLINICAL LEADERSHIP GROUP, THE LEARNING COMMITTEE, AND THE HOSPITAL ACQUIRED CONDITION SUBJECT MATTER EXPERTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | SOLUTIONS FOR PATIENT SAFETY (SPS) IS A UNIQUE LEARNING NETWORK CONSISTING OF 140+ CHILDREN'S HOSPITALS ACROSS NORTH AMERICA WORKING TOGETHER TO HELP EACH INDIVIDUAL HOSPITAL MAKE PROGRESS ON A JOURNEY TO ZERO HARM IN PARTICIPATING INSTITUTIONS. EMPLOYING HIGH-RELIABILITY CONCEPTS AND QUALITY IMPROVEMENT SCIENCE METHODS, THE NETWORK IS FOCUSED ON REDUCING HARM BY PREVENTING SERIOUS SAFETY EVENTS, READMISSIONS (WITHIN 7 DAYS FROM DISCHARGE), AND 15 HOSPITAL ACQUIRED CONDITIONS (HACS): AMBULATORY SAFETY, ADVERSE DRUG EVENTS, CATHETER-ASSOCIATED URINARY TRACT INFECTIONS, CENTRAL LINE-ASSOCIATED BLOOD STREAM INFECTIONS, EMPLOYEE AND STAFF SAFETY, CULTURE OF SAFETY, HOSPITAL ACQUIRED DELIRIUM, INJURIES FROM FALLS, NEPHROTOXIC ACUTE KIDNEY INJURY, PRESSURE INJURIES,PERIPHERAL INTRAVENOUS INFILTRATES/EXTRAVASATIONS,SAFETY DISPARITIES, SURGICAL SITE INFECTIONS, UNPLANNED EXTUBATIONS, AND VENOUS THROMBOEMBOLISM. IN 2024, THE SPS NETWORK EXPANDED THE PROACTIVE SAFETY FOCUS WHICH PROVIDES FIVE PROACTIVE SAFETY PLAYBOOKS TO NETWORK HOSPITALS TO INTRODUCE NEW TOOLS, INCLUDING LEARNING TEAMS, PROACTIVE SAFETY HUDDLES, PROACTIVE SAFETY SIMULATION, LANGUAGE FOR LEADERSHIP ROUNDS, AND WALK-THROUGH TALK- THROUGH. SPS PUBLISHED TWO NEW PUBLICATIONS RELATED TO SAFETY DISPARITIES IN PEDIATRICS AND LEVOFLOXACIN PROPHYLAXIS IN PEDIATRIC ONCOLOGY PATIENTS AND HSCT RECIPIENTS. THROUGH IMPLEMENTATION OF THE NETWORK'S BEST PRACTICES, CHILDREN ARE BEING PROTECTED FROM HARM AND COSTS ARE BEING REMOVED FROM THE HEALTH CARE SYSTEM. SINCE 2012, THIS NATIONAL EFFORT HAS LED TO AN ESTIMATED SAVINGS OF MORE THAN 668 MILLION AND SAVED 30,000 CHILDREN FROM SERIOUS HARM, WITH A CONSISTENT UPWARD TREND IN HARM PREVENTED EVERY MONTH. IN 2024, SPS HOSTED A SPRING IN PERSON LEARNING EVENT AND A WINTER VIRTUAL LEARNING EVENT ENGAGING OVER 1600 PARTICIPANTS. ADDITIONALLY, A CONVENTION WAS HELD FOR 30+ CEOS AND TOP PEDIATRIC LEADERS TO UTILIZE PEER TO PEER AND INDUSTRY LEARNINGS TO IDENTIFY BEST PRACTICES FOR ELIMINATING HARM WITH A FOCUS ON CULTURE OF SAFETY AND OPERATIONAL EXCELLENCE. SPS HOSTED TWO WEBINARS AND TWO BOARD TRAININGS TO SHARE BEST PRACTICES AND DISCUSS INDUSTRY TOPICS WITH PEERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SECTION B, ITEM 12C: STEVE DAVIS, MD, VICE CHAIRMAN OF THE BOARD OF OCHSPS, IS ALSO CEO OF CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER (CINCINNATI CHILDREN'S). OCHSPS HAS A CONSULTING AGREEMENT WITH CINCINNATI CHILDREN'S TO PROVIDE SERVICES TO OCHSPS. THE CINCINNATI CHILDREN'S CONTRACT IS APPROVED BY THE BOARD OF DIRECTORS. STEVE DAVIS RECUSES HIMSELF FROM ANY DISCUSSION OR VOTE RELATED TO THE CINCINNATI CHILDREN'S CONSULTING AGREEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SEE SCHEDULE R AND FORM 990, PAGE 7 FOR INFORMATION ABOUT REIMBURSEMENT TO RELATED 501(C)(6) ORGANIZATION FOR MANAGEMENT SERVICES OF ITS PRESIDENT. ALSO SEE FORM 990, PAGE 8, SECTION B FOR A CONTRACTOR SERVING AS THE EXECUTIVE DIRECTOR AND MANAGMENT CONSULTANT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | OCHSPS IS COMPOSED OF 8 MEMBERS WITH EQUAL RIGHTS TO ELECT DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE 8 MEMBERS OF OCHSPS HAVE THE SOLE RIGHT TO ELECT DIRECTORS OF THE CORPORATION AND FILL ANY VACANCIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ARTICLES OF INCORPORATION AND THE CODE OF REGULATIONS CAN BE AMENDED BY A VOTE OF THE MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | AFTER HAVING BEEN REVIEWED BY STAFF MEMBERS, THE BOARD APPROVES A DRAFT OF THE FORM 990 PREPARED BY THE CPA FIRM PRIOR TO IT BEING FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE BOARD APPROVED AND SIGNED A CONFLICT OF INTEREST POLICY IN JUNE, 2016, WHICH REQUIRES ANNUAL COMPLETION OF A CONFLICT OF INTEREST FORM BY ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST UNDER THE WRITTEN POLICY. ONCE QUESTIONNAIRES ARE COMPLETED, THEY ARE REVIEWED BY MANAGEMENT AND IF A RELATIONSHIP EXISTS THAT MAY PRESENT A CONFLICT OF INTEREST, OCHSPS FOLLOWS THE PROVISIONS SET FORTH IN ITS CONFLICT OF INTEREST POLICY TO DISCLOSE AND MANAGE THE CONFLICT AND DETERMINES THE APPROPRIATE REPORTING TO BOARD COMMITTEES AND, IF REQUIRED, DISCLOSURE ON THE FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PURSUANT TO AN EMPLOYEE LEASE AGREEMENT APPROVED BY BOARD. ALL SIGNIFICANT VENDOR CONTRACTS ARE PRESENTED TO AND DELIBERATED AT THE BOARD LEVEL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | NO DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT AS REQUIRED BY LAW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | CLINICAL STEERING TEAM FEES 669,404 0 0 CLINICAL PROJECT CONTRACTOR 3,604,354 0 0 COMMUNICATION CONSULTANT 75,000 10,566 0 STRATEGIC PLANNING CONSULTANT 45,000 0 0 TOTAL 4,393,758 10,566 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | FORM 990, PART IX, LINE 11G |
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| IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt | 0 | THE ENTITIES ARE BROTHER-SISTER RELATED PARTIES DUE TO 6 HOSPITALS, WHICH ARE THE ENTIRE MEMBERSHIP OF THE OHIO CHILDREN'S HOSPITAL ASSOCIATION (OCHA), ARE ALSO 75% OF THE MEMBERSHIP OF OHIO CHILDREN'S HOSPITAL SOLUTIONS FOR PATIENT SAFETY (OCHSPS). HOWEVER, OCHA ITSELF DOES NOT HAVE THE POWER TO APPOINT ANY MEMBERS OF OCHSPS. |
| IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE R |
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| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
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