Patient Safety Movement Foundation is located in Irvine, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 03/2023, Patient Safety Movement Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patient Safety Movement Foundation 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 03/2023, Patient Safety Movement Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $1.2m during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PATIENT SAFETY MOVEMENT FOUNDATION (PSMF) TAKES A HOLISTIC APPROACH TO REDUCING (CON SCH O) PREVENTABLE PATIENT HARM. OUR MOVEMENT BRINGS PATIENTS, CLINICIANS, HEALTHCARE ORGANIZATIONS, PAYERS, ACADEMICIANS, AND POLICYMAKERS TOGETHER TO ADDRESS THE COMPLEXITY OF HEALTHCARE CHALLENGES SYSTEMATICALLY. OUR PRIMARY MEANS FOR ELIMINATING PREVENTABLE PATIENT HARM IS THE DISSEMINATION OF BEST PRACTICES IN MEDICINE DEVELOPED BY OUR MULTIDISCIPLINARY TEAMS OF EXPERTS THAT TARGET THE LEADING CAUSES OF DEATH AND HARM IN CLINICAL SETTINGS. OUR ACTIONABLE EVIDENCE-BASED PRACTICES AND REPLICABLE CASE STUDIES ARE FREELY AVAILABLE TO HEALTHCARE ORGANIZATIONS GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PSMF DEVELOPED A PRIORITY SYSTEM TO REVISE AND UPDATE ACTIONABLE EVIDENCE-BASED PRACTICES FOR THE LEADING CAUSES OF PREVENTABLE PATIENT DEATHS. AMONG THE FIRST PROTOCOLS TO BE REVISED AND UPDATED BY PSMF AND LEADING SUBJECT MATTER EXPERTS ARE: HEALTHCARE-ASSOCIATED INFECTIONS, PATIENT FALLS, PRESSURE ULCERS, MEDICATION ERRORS, COMMUNICATION ERRORS. PSMF TEAM HAS GAINED NEW HOSPITAL COMMITMENTS AND OUTLINED THE IMPORTANCE OF DATA TRANSPARENCY TO OBTAIN HOSPITAL METRICS TO ASSESS THE EFFECTIVENESS OF IMPLEMENTING THE PROTOCOLS WITHIN THEIR ORGANIZATIONS. OUR ACTIONABLE EVIDENCE-BASED PRACTICE BLUEPRINTS SIMPLIFY THE UNDERSTANDING OF THE BEST PRACTICES AND EXPEDITE THE ADOPTION OF GOLD STANDARDS OF CARE. OUR ACTIONABLE EVIDENCE-BASED PRACTICES REMOVE THE BURDEN FROM THE CLINICAL TEAM, (CONTINUE SCH O) REGARDLESS OF THEIR LEVEL OF EXPERIENCE, AND CREATE SYSTEMIC IMPROVEMENTS TO ELIMINATE PATIENT HARM. HOSPITAL COMMITMENTS FROM HEALTHCARE ORGANIZATIONS ACROSS THE UNITED STATES AND ABOARD HAVE COMMITTED TO IMPLEMENTING PSMF'S ACTIONABLE EVIDENCE BASED-PRACTICES TO IMPROVE PATIENT SAFETY OUTCOMES WITHIN THEIR ORGANIZATIONS. TWO OF THE MOST RECENT HEALTHCARE ORGANIZATIONS TO JOIN THIS IMITATIVE ARE CHILDREN'S HOSPITAL OF ORANGE COUNTY AND HOSPITAL GENERAL DE MXICO "DR. EDUARDO LICEAGA." PSMF'S GLOBAL REACH IS EXPANDED THROUGH THE UNIQUE EDUCATIONAL OPPORTUNITY PROVIDED TO HEALTHCARE PROFESSIONALS AROUND THE WORLD TO EXPAND THEIR KNOWLEDGE IN THE THEORY AND PRACTICE OF PATIENT SAFETY. THE PROGRAM SHARES TEACHINGS AND PRACTICES FOR FELLOWS TO ADVANCE ISSUES OF PATIENT SAFETY IN THEIR HOME COMMUNITIES, WORKPLACE, AND PROFESSIONAL SETTINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe E Kiani Director | Trustee | 1 | $0 |
Michael Ae Ramsay MD CEO | OfficerTrustee | 40 | $0 |
David Mayer MD Director | Trustee | 0.1 | $0 |
Charles Miceli Treasurer | OfficerTrustee | 1 | $0 |
Robin Betts RN Vice Chair | OfficerTrustee | 1 | $0 |
Jim Messina Director (start Dec 2022) | Trustee | 0.1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lyon & Associates Video Production | 3/30/21 | $403,256 |
Stungun Productions Inc Event Production | 3/30/21 | $217,280 |
Bts Consulting Website Development | 3/30/21 | $163,925 |
Bd Creative And Production Services Inc Video And Event Production | 3/30/21 | $284,677 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,248,656 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,248,656 |
Total Program Service Revenue | $27,134 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,275,790 |
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 | $54,998 |
Other salaries and wages | $452,013 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $69,981 |
Payroll taxes | $44,825 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,809 |
Fees for services: Accounting | $30,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $28,015 |
Advertising and promotion | $29,708 |
Office expenses | $0 |
Information technology | $21,548 |
Royalties | $0 |
Occupancy | $0 |
Travel | $67,604 |
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 | $50,127 |
Insurance | $10,679 |
All other expenses | $31,738 |
Total functional expenses | $1,249,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $309,045 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $580,000 |
Accounts receivable, net | $0 |
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 | $82,874 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $971,919 |
Accounts payable and accrued expenses | $168,733 |
Grants payable | $0 |
Deferred revenue | $185,000 |
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 | $0 |
Total liabilities | $353,733 |
Net assets without donor restrictions | $618,186 |
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 | $971,919 |
Over the last fiscal year, Patient Safety Movement Foundation has awarded $85,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
ANESTHESIA SAFETY PRODUCTS LLC PURPOSE: 2CD PLACE FOR PATIENT SAFETY INNOVATION AWARDS | $25,000 |
RIGHTBIO METRICS INC PURPOSE: 1ST PLACE FOR PATIENT SAFETY INNOVATION AWARDS | $50,000 |
I-PASS PATIENT SAFETY INSTITUTE INC PURPOSE: 3RD PLACE FOR PATIENT SAFETY INNOVATION AWARDS | $10,000 |