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← PARTNERSHIP FOR SAFE MEDICINES INC

Form 990 for tax year 2023

Filed by PARTNERSHIP FOR SAFE MEDICINES INC.

Totals

Total revenue
$1,880,688
Total expenses
$2,094,478
Contributions and grants received
$1,880,688
Grants paid
$55,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$469,404
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$469,404
Program services expenses (Part IX)
$1,690,753
Management and general expenses
$403,725
Fundraising expenses
$0
Program service expenses (Part III)
$1,690,753

Program services were 80.7% 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.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,880,688

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $55,000 · program services $55,000

  • 11b · Fees: legal

    total $350,997 · management and general $350,997

  • 11c · Fees: accounting

    total $51,192 · management and general $51,192

  • 11d · Fees: lobbying

    total $37,469 · program services $37,469

  • 11g · Fees: other

    total $1,306,773 · program services $1,306,773

  • 12 · Advertising and promotion

    total $20,054 · program services $20,054

  • 13 · Office expenses

    total $119 · management and general $119

  • 17 · Travel

    total $56,192 · program services $56,192

  • 19 · Conferences, conventions and meetings

    total $6,251 · program services $6,251

  • 23 · Insurance

    total $1,417 · management and general $1,417

  • 24a · Other expenses: SPONSORSHIPS

    total $158,376 · program services $158,376

  • 24b · Other expenses: HONORARIA

    total $45,308 · program services $45,308

  • 24c · Other expenses: MEMBERSHIPS

    total $5,330 · program services $5,330

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,171,754 · end of year $460,321

  • 4 · Accounts receivable

    beginning of year $10,000 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,500 · end of year $9,083

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,060 · end of year $0

  • 19 · Deferred revenue

    beginning of year $500,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $683,194 · end of year $469,404

Mission and programs · 2023

Mission

THE PARTNERSHIP FOR SAFE MEDICINES (PSM) IS A PUBLIC HEALTH GROUP COMMITTED TO THE SAFETY OF PRESCRIPTION DRUGS AND EDUCATING ITS MEMBERS AND THE PUBLIC AGAINST COUNTERFEIT, SUBSTANDARD OR OTHERWISE UNSAFE MEDICINE.

  • PATIENT AND PUBLIC EDUCATION

    Expenses $563,584 · Grants $55,000

  • LAW ENFORCEMENT EDUCATION

    Expenses $563,584

  • HEALTHCARE PROFESSIONAL EDUCATION

    Expenses $563,585

As filed on the 2023 return.

Listed in Part VII

  • Tom Kubic

    PRESIDENT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Shabbir J Safdar

    TREASURER/SECRETARY/ED

    Total calculated
    $0
    Hours/week
    40

  • Kenneth L McCall

    VICE PRESIDENT

    Total calculated
    $12,500
    From this org
    $12,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413209349302861

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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