Form 990 for tax year 2024

Totals

Total revenue

$6,108,355

Total expenses

$5,517,068

Contributions and grants received

$0

Grants paid

$0

Program service revenue

$5,743,250

Investment income

$365,105

Other revenue

$0

Total assets, end of year

$8,376,805

Total liabilities, end of year

$2,071,526

Net assets or fund balances, end of year

$6,305,279

Program services expenses (Part IX)

$4,900,302

Management and general expenses

$616,766

Fundraising expenses

$0

Program service expenses (Part III)

$4,900,302

Program services were 88.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• 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.

  Expenses $4,900,302 · Revenue $5,743,250

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• OHIO CHILDREN'S HOSPITAL ASSOC

  C 6 · TRADE ASSN · OH

Provenance

Return type

form_990

Tax year

2024

Filed

16 July 2025

IRS schema version

2024v5.0

Source object

202522129349301002

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