INDIANAPOLIS COALITION FOR PATIENT SAFETY INC

EIN: 270962095 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$389,971
Total Expenses
$347,280
Total Assets
$832,088
Net Assets
$832,088
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IN
Principal Officer
MICHELE SAYSANA MD
Phone
3172233090
Tax Period
2024-07-01 to 2025-06-30

INDIANAPOLIS COALITION FOR PATIENT SAFETY INC, founded in 2009, is a small nonprofit in the Health Care sector that reported $390K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $347K left a modest 11% surplus.

Mission

TO PROVIDE A FORUM FOR INDIANAPOLIS-AREA HOSPITALS TO SHARE INFORMATION ABOUT 'BEST PRACTICES AND WORK TOGETHER TO SOLVE PATIENT SAFETY ISSUES IN INDIANAPOLIS AND SURROUNDING COUNTY HOSPITALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $375,000
Investment Income $14,971
Other Revenue $0
TOTAL REVENUE $389,971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $341,496
Other Expenses $347,280
TOTAL EXPENSES $347,280

Year-over-Year Comparison

2024 2023 Change
Revenue $389,971 $325,174 +0.2%
Expenses $347,280 $326,959 +0.1%
Net Income $42,691 $-1,785 -24.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$193,285
Total Directors
15
$193,285
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE SAYSANA MD CHAIR 3.00
Officer Director
$0 $0 $0
STEPHEN SWINNEY MD MBA FACP VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JAMES FULLER PHARMD PRESIDENT 40.00
Officer Director
$0 $0 $193,285
BILL CORLEY SECRETARY 1.00
Officer Director
$0 $0 $0
LEE ANN BLUE RN TREASURER 1.00
Officer Director
$0 $0 $0
LISA HARRIS MD MEMBER 1.00
Director
$0 $0 $0
BRYAN MILLS MEMBER 1.00
Director
$0 $0 $0
DENNIS MURPHY MEMBER 1.00
Director
$0 $0 $0
DAWN MOORE PHARMD MEMBER 1.00
Director
$0 $0 $0
TIM LAWSON MEMBER 1.00
Director
$0 $0 $0
DANIEL PAROD MEMBER 1.00
Director
$0 $0 $0
DAVID SILVER MEMBER 1.00
Director
$0 $0 $0
LORI PRICE MEMBER 1.00
Director
$0 $0 $0
KATHERINE DU FRESNE RN MSN CPHRM MEMBER 1.00
Director
$0 $0 $0
TRACY MARTIN RN MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $389,971 $347,280 $832,088 $42,691
2024 $325,174 $326,959 $798,186 $-1,785
2023 $291,214 $298,708 $823,011 $-7,494
2022 $327,645 $289,602 $807,524 $38,043
2021 $329,597 $290,434 $760,633 $39,163
2020 $325,958 $292,809 $721,470 $33,149
2019 $343,513 $256,161 $723,775 $87,352
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