Form 990 for tax year 2023

Filed by PATIENT SAFETY MOVEMENT FOUNDATION.

Totals

Total revenue: $2,096,479
Total expenses: $2,189,165
Contributions and grants received: $2,063,971
Grants paid: $66,125
Program service revenue: $32,508
Investment income: $0
Other revenue: $0
Total assets, end of year: $605,949
Total liabilities, end of year: $80,449
Net assets or fund balances, end of year: $525,500
Program services expenses (Part IX): $1,918,249
Management and general expenses: $76,733
Fundraising expenses: $194,183
Program service expenses (Part III): $1,918,249

Program services were 87.6% 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.

1f · All other contributions, gifts and grants

$2,063,971
2a · Program service revenue: CONFERENCES EVENTS

total $32,508 · related or exempt $32,508

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $66,125 · program services $66,125
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $218,249 · program services $137,200 · management and general $16,911 · fundraising $64,138
6 · Compensation of disqualified persons

total $82,863 · program services $82,863
7 · Other salaries and wages

total $237,502 · program services $122,905 · management and general $23,910 · fundraising $90,687
8 · Pension plan contributions

total $0
9 · Other employee benefits

total $57,845 · program services $31,276 · management and general $3,526 · fundraising $23,043
10 · Payroll taxes

total $40,946 · program services $26,625 · management and general $3,018 · fundraising $11,303
11a · Fees: management

total $0
11b · Fees: legal

total $9,140 · program services $9,140
11c · Fees: accounting

total $6,395 · management and general $6,395
11d · Fees: lobbying

total $0
11f · Fees: investment management

total $0
11g · Fees: other

total $199 · program services $154 · fundraising $45
12 · Advertising and promotion

total $33,778 · program services $33,778
13 · Office expenses

total $27,997 · program services $23,583 · management and general $4,414
14 · Information technology

total $38,847 · program services $38,847
15 · Royalties

total $0
16 · Occupancy

total $0
17 · Travel

total $157,368 · program services $157,368
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $0
20 · Interest

total $0
21 · Payments to affiliates

total $0
22 · Depreciation, depletion and amortization

total $44,833 · program services $44,833
23 · Insurance

total $12,303 · program services $3,540 · management and general $7,234 · fundraising $1,529
24a · Other expenses: PRODUCTION

total $502,156 · program services $502,156
24b · Other expenses: VENUE

total $304,336 · program services $304,336
24c · Other expenses: PUBLICITY

total $166,943 · program services $166,048 · fundraising $895
24d · Other expenses: EVENT COST/LODGING

total $166,443 · program services $166,443
24e · All other expenses

total $14,897 · program services $1,029 · management and general $11,325 · fundraising $2,543

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $309,045 · end of year $523,146
3 · Pledges and grants receivable

beginning of year $580,000
9 · Prepaid expenses and deferred charges

end of year $29,762
10a · Land, buildings and equipment: cost or other basis

$343,839
10b · Land, buildings and equipment: accumulated depreciation

$290,798
10c · Land, buildings and equipment, net

beginning of year $82,874 · end of year $53,041
17 · Accounts payable and accrued expenses

beginning of year $168,733 · end of year $80,449
19 · Deferred revenue

beginning of year $185,000
27 · Net assets without donor restrictions

beginning of year $618,186 · end of year $391,625
28 · Net assets with donor restrictions

end of year $133,875

Mission and programs · 2023

Mission

OUR MISSION IS TO DISSEMINATE ACTIONABLE EVIDENCE-BASED PRACTICES, ADVANCE THEIR INTEGRATION BY HEALTHCARE ORGANIZATIONS, AND CULTIVATE DATA TRANSPARENCY BY 2030.

Activities or mission (Part I)

THE ORGANIZATION COLLABORATES WITH MULTIDISCIPLINARY TEAMS OF MEDICAL EXPERTS AND QUALITY CARE PROFESSIONALS TO DEVELOP ACTIONABLE EVIDENCE-BASED PRACTICES THAT SERVE AS STEP-BY-STEP SEE SCHEDULE O

PSMF HAS REVISED AND UPDATED ITS ACTIONABLE EVIDENCE-BASED PRACTICES TO ADDRESS THE TOP 20 PREVENTABLE ADVERSE EVENTS IDENTIFIED WORLDWIDE. IN COLLABORATION WITH A TEAM OF LEADING EXPERTS, PSMF HAS REFINED EXISTING PROTOCOLS AND INITIATED THE DEVELOPMENT OF CRITICAL AREAS TO SUPPORT NEW HOSPITALS JOINING THE PROJECT ZERO INITIATIVE. BY PROVIDING UPDATED AND TRANSLATED DOCUMENTS TO HOSPITALS ACROSS LATIN AMERICA, PSMF IS ACCELERATING THE GLOBAL ADOPTION OF BEST PRACTICES IN PATIENT CARE.

Expenses $1,918,249 · Grants $66,125 · Revenue $32,508

As filed on the 2023 return.

Listed in Part VII

SANAZ MASSOUMI

COO

Total calculated

$219,269

From this org

$217,920

From related orgs

$0

Other

$1,349

Hours/week

40

Schedule J breakdown matched by us

Base

$181,920

Bonus

$36,000

Other

not reported

Deferred

$240

Nontaxable benefits

$1,109

Filer's total

$219,269
NABIL SOLIMAN TO DEC 2023

ACCT AND FINANCE MANAGER

Total calculated

$165,153

From this org

$144,304

From related orgs

$0

Other

$20,849

Hours/week

40

Schedule J breakdown matched by us

Base

$144,304

Bonus

not reported

Other

not reported

Deferred

$240

Nontaxable benefits

$20,119

Filer's total

$164,663
MIKE DURKIN

CHAIR

Total calculated

$0

Hours/week

5
ABBY TOWFIGH

DIRECTOR

Total calculated

$0

Hours/week

1
CHARLIE MICELI

TREASURER

Total calculated

$0

Hours/week

1
DAVID B MAYER

DIRECTOR

Total calculated

$0

Hours/week

1
JOE KIANI

DIRECTOR

Total calculated

$0

Hours/week

1
MICHAEL AE RAMSAY

CEO

Total calculated

$0

Hours/week

40
ROBIN BETTS

VICE CHAIR

Total calculated

$0

Hours/week

1
JANNICKE MELLIN-OLSEN

DIRECTOR

Total calculated

$0

Hours/week

1
JAVIER DAVILA

DIRECTOR

Total calculated

$0

Hours/week

1
SARAH KIANI

DIRECTOR

Total calculated

$0

Hours/week

1
OMAR ISHRAK

DIRECTOR

Total calculated

$0
STEVEN J BARKER

DIRECTOR

Total calculated

$0

Hours/week

1
VONDA VADEN BATES

DIRECTOR

Total calculated

$0
PHILIP LUMB

DIRECTOR

Total calculated

$0

Hours/week

1
NAJMEDIN MESHKATI

DIRECTOR

Total calculated

$0

Hours/week

1
JIM MESSINA

DIRECTOR

Total calculated

$0

Hours/week

1
NASIM AFSAR

DIRECTOR START SEP. 2023

Total calculated

$0

Hours/week

2
EDWARD KELLEY

DIRECTOR START SEP. 2023

Total calculated

$0

Hours/week

1
ALICIA COLE TO OCT 2023

DIRECTOR

Total calculated

$0

Hours/week

1
RACHAEL RAYNES TO APR 2023

SECRETARY

Total calculated

$0

Hours/week

2
CONSUELO TOLENTINO SEE SCH O

EXECUTIVE ASSISTANT / SECRETARY

Total calculated

$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. 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

Answered yes

7 · Other non-fixed payments

Answered no

1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 7: THE CHIEF OPERATING OFFICERS COO BONUS IS DETERMINED BASED ON PERFORMANCE EVALUATIONS AND APPROVED BY CHIEF EXECUTIVE OFFICER OF PATIENT SAFETY MOVEMENT FOUNDATION.

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.

Provenance

Return type: form_990
Tax year: 2023
Filed: 24 December 2024
IRS schema version: 2023v5.1
Source object: 202433599349300713

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