Och Holdings

Nonprofit profile at a glance

EIN
474837308
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2144567000
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$107,867
Expenses
$2,654,238
Assets
$1,575,187
Liabilities
$7,582

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Lindsey Tyra (Director & President)

Highest reported compensation

  • Vanessa U Walls (FORMER OFFICER): $2,117,698 total reported compensation
  • Amy Yeager (Chief Legal Officer and Secretary): $1,995,780 total reported compensation
  • Matthew M Davis (Chairman): $1,988,394 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Och holdings, doing business as our children's house (och), is a specialty hospital providing comprehensive services to children from infancy through age 18 with developmental or birth disorders, traumatic injuries or severe illnesses. Our children's house is the only one of its (continued on schedule o)

What it reported doing in 2024

The Company operated the hospital through all of 2021 and through July 20 of 2022 when the Company ceased operating the hospital in order to transition the services from a standalone hospital to an integrated clinical program operated out of the System's other hospitals in order to enhance continuum of care, improve patient experience, and lower patient cost. At such time the Company initiated a process of winding down hospital operations, including continuing to collect its exempt function revenue (i.e., net patient revenue) in a charitable manner in accordance with the billing and collection requirements set forth in Section 501(r) of the Internal Revenue Code (i.e., not engaging in extraordinary collection actions and providing financial assistance to any families qualifying under the Company's financial assistance policy).

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 64
  • Accountability: 28
  • Sustainability: 14
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2,360.7%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 62.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -20.1% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -20.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77% of spending went to programs
  • Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2M in reported program spending
  • Leadership: top reported pay $2.1M · 8 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $207K reported
  • Consistency: 17 of 17 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 16 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.