Patient Safety Movement Foundation

EIN: 462730379 501(c)(3) Education

Irvine, CA

Total Revenue
$716,990
Total Expenses
$734,110
Total Assets
$63,514
Net Assets
$32,057
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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
2013
Legal Domicile
DE
Principal Officer
Michael AE Ramsay
Phone
9492307588
Tax Period
2025-04-01 to 2026-03-31

Patient Safety Movement Foundation, founded in 2013, is a small nonprofit in the Education sector that reported $717K in total revenue in fiscal year 2025. Revenue surged 96% from the prior year, signaling strong growth momentum.

Mission

Our mission is to disseminate actionable, evidence-based practices, advance their integration by healthcare organizations, and cultivate data transparency by 2030.

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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 (2025)

Revenue Breakdown

Contributions & Grants $716,990
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $716,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $380,020
Fundraising Expenses $14,589
Program Expenses $647,702
Other Expenses $355,090
TOTAL EXPENSES $734,110

Year-over-Year Comparison

2025 2024 Change
Revenue $716,990 $365,177 +1.0%
Expenses $734,110 $933,809 -0.2%
Net Income $-17,120 $-568,632 -1.0%
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
16
Independent Members
14
Employees
4
Volunteers
24

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
6
$232,834
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sanaz Massoumi COO 40.00
Officer
$232,834 $0 $232,834
Mike Durkin President 1.00
Officer Director
$0 $0 $0
Abby Towfigh Director 1.00
Director
$0 $0 $0
Charlie Miceli Treasurer 3.00
Officer Director
$0 $0 $0
David B Mayer Director 1.00
Director
$0 $0 $0
Joe Kiani Director 3.00
Director
$0 $0 $0
Michael AE Ramsay CEO 40.00
Officer Director
$0 $0 $0
Robin Betts Vice President 1.00
Officer Director
$0 $0 $0
Javier Davila Director 1.00
Director
$0 $0 $0
Sarah Kiani Director 1.00
Director
$0 $0 $0
Omar Ishrak Director 1.00
Director
$0 $0 $0
Steven J Barker Director 4.00
Director
$0 $0 $0
Vonda Vaden Bates Director 1.00
Director
$0 $0 $0
Philip Lumb thru April 2025 Director 1.00
Director
$0 $0 $0
Najmedin Meshkati Director 1.00
Director
$0 $0 $0
Nasim Afsar Director 1.00
Director
$0 $0 $0
Edward Kelley Director 1.00
Director
$0 $0 $0
Consuelo Tolentino Secretary 2.00
Officer
$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
2026 $716,990 $734,110 $63,514 $-17,120
2025 $365,177 $933,809 $89,728 $-568,632
2024 $2,096,479 $2,189,165 $605,949 $-92,686
2023 $1,275,790 $1,249,332 $971,919 $26,458
2022 $1,233,207 $1,564,071 $979,564 $-330,864
2021 $2,184,656 $2,023,194 $1,402,787 $161,462
2020 $2,370,616 $2,844,486 $1,237,316 $-473,870
2019 $2,705,492 $3,333,085 $1,313,186 $-627,593
2018 $4,118,632 $2,799,619 $2,087,755 $1,319,013
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