ALLIANCE FOR QUALITY IMPROVEMENT AND PATIENT SAFETY (EIN 454182546) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Lisa Mead

Phone

7035819285

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE FOR QUALITY IMPROVEMENT AND PATIENT SAFETY, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $244K in total revenue in fiscal year 2020. Revenue decreased 9% compared to the prior year.

Mission

To foster the ability of Healthcare providers to improve patient safety and the quality of patient care delivery for the benefit of patients through the protections of the Patient Safety Act.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $241,202

Program Service Revenue $40,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $281,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $236,785

Other Expenses $290,649

TOTAL EXPENSES $290,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,202	$295,500	0.0%
Expenses	$290,649	$288,084	+0.0%
Net Income	$-9,447	$7,416	-2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AnnLouise Puopolo RSN	VP Director	0.25	Officer Director	$0	$0	$0
Paige Wickner RN	Director	0.25	Director	$0	$0	$0
Lisa Mead RN	Secretary Director	0.25	Officer Director	$0	$0	$0
Shannon DaVila	Director	0.25	Director	$0	$0	$0
Jennifer MacCready RN	Director	0.25	Director	$0	$0	$0
Robert Imhoff	Director	0.25	Director	$0	$0	$0
Tani Corey RN	Director	0.25	Director	$0	$0	$0
Carole Stockmeier RN	Director	0.25	Director	$0	$0	$0
Joe Schnider MD	Director	0.25	Director	$0	$0	$0
Kimberly Wilburn RN	Director	0.25	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
2024	$281,202	$290,649	$1,957	$-9,447
2023	$295,500	$288,084	$11,404	$7,416
2022	$294,500	$297,624	$3,988	$-3,124
2021	$276,300	$279,305	$7,112	$-3,005
2020	$243,699	$237,290	$10,117	$6,409

ALLIANCE FOR QUALITY IMPROVEMENT AND PATIENT SAFETY