Och Holdings
- Assets
- $60.1m
- Revenue
- $16.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/2017
- Data as of
- 12/2022
- EIN
- 47-4837308
Organization Overview
Och Holdings, operating under the name Our Children's House, is located in Dallas, TX. The organization was established in 2017. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Children's House is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Our Children's House generated $16.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $20.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO MAKING LIFE BETTER FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HEALTH CLINICAL OPERATIONS, A 501(C)(3) TEXAS NON-PROFIT CORPORATION, IS THE SOLE MEMBER OF OCH HOLDINGS, A 501(C)(3) TEXAS NON-PROFIT CORPORATION. THE CLINICAL SERVICES, PROGRAMS, AND ACTIVITIES OF OCH HOLDINGS ARE BEING TRANSFERRED TO THE DALLAS CAMPUS OF CHCO. THE TRANSFER OF OCH HOLDINGS'S CLINICAL PROGRAMMING FROM A STANDALONE LICENSED HOSPITAL MODEL TO A FULLY INTEGRATED CLINICAL PROGRAM AT THE DALLAS CAMPUS WILL ENHANCE THE CONTINUUM OF CARE, IMPROVE PATIENT EXPERIENCE, LOWER THE COST OF CARE, AND ALIGN THE CARE MODEL FOR THESE PATIENT POPULATIONS TO BE CONSISTENT WITH OTHER HONOR ROLL HOSPITALS. THIS TRANSFER OF SERVICES TO THE DALLAS CAMPUS IS IN EFFECT A TRANSFER OF CLINICAL SERVICES FROM THE OCH HOLDINGS ENTITY TO CHCO. IN ACCORDANCE WITH OCH HOLDINGS'S BYLAWS, THE CHCO BOARD IS BEING ASKED TO APPROVE THE TRANSFER OF SERVICES AS THE SOLE MEMBER OF OCH HOLDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director & President And COO | OfficerTrustee | 1 | $0 |
Name Not Listed Director & Chief Nursing Officer | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman / Chst Dallas Market President | Trustee | 1 | $0 |
Name Not Listed Chief Legal Officer And Secretary | Officer | 1 | $0 |
Name Not Listed Administrator (term. Date 7/8/22) | Officer | 1 | $0 |
Name Not Listed Chief Financial Officer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dpr Construction Construction Services | 12/30/22 | $1,367,068 |
Universal Protection Svc Lp Security Servcies | 12/30/22 | $242,454 |
Corgan Associates Inc Architecture And Design | 12/30/22 | $114,657 |
Premier Transportation Svcs Transportation Services | 12/30/22 | $137,787 |
Dmi Technologies Inc Technology Services | 12/30/22 | $123,271 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $309,374 |
| Government grants | $2,354,521 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,663,895 |
| Total Program Service Revenue | $14,084,879 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$88,573 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,707,619 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,015,191 |
| Pension plan accruals and contributions | $409,705 |
| Other employee benefits | $985,063 |
| Payroll taxes | $477,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,073,738 |
| Advertising and promotion | $0 |
| Office expenses | $290,256 |
| Information technology | $7,087 |
| Royalties | $0 |
| Occupancy | $2,426,903 |
| Travel | $4,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $737,295 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $20,050,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,114,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,444,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,584,810 |
| Total assets | $60,144,381 |
| Accounts payable and accrued expenses | $4,385,843 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,820,878 |
| Total liabilities | $67,206,721 |
| Net assets without donor restrictions | -$7,062,340 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $60,144,381 |