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)

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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.

Program Service Accomplishments

Program 1
Expenses: $647,702

Over the past year, our one-of-a-kind fellowship program has continued to attract strong interest from healthcare professionals worldwide, reflecting the growing demand for high-level patient safety...

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Over the past year, our one-of-a-kind fellowship program has continued to attract strong interest from healthcare professionals worldwide, reflecting the growing demand for high-level patient safety training. PSMF has expanded the fellowship to meet this need while remaining committed to offering the program at no cost to participantsensuring broad access to critical education and advancing our mission to achieve ZERO preventable deaths and create safer healthcare systems globally. This program plays a key role in equipping professionals to drive meaningful improvements in healthcare delivery. Building on the programs momentum in recent years, we continue to deliver high-quality instruction through a collaborative and globally accessible learning model. A cornerstone of the program is its structured mentorship approach, which pairs fellows with both individual mentors and group mentors to support capacity-building and foster a global network of patient safety leaders. Upon completion, fellows earn the FKGIPS designation, which they may include in their professional credentials as a reflection of their commitment, expertise, and leadership in advancing safer healthcare. Through this experience, fellows develop key competencies in patient safety, leadership, and systems improvement, enabling them to lead meaningful change within their organizations and across healthcare systems worldwide.

Program 2

Developed a new evidence-based medical practice on Maternal Mortality to provide key recommendations based on latest research, ultimately promoting improving maternal health outcomes and...

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Developed a new evidence-based medical practice on Maternal Mortality to provide key recommendations based on latest research, ultimately promoting improving maternal health outcomes and standardizing best practices to implement across healthcare systems.

Program 3

Developed and launched a comprehensive Grand Rounds session series, consisting of 12 video-based modules focused on exploring critical and emerging patient safety issues. Each session featured...

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Developed and launched a comprehensive Grand Rounds session series, consisting of 12 video-based modules focused on exploring critical and emerging patient safety issues. Each session featured multidisciplinary expert-led discussions to foster deeper understanding of complex healthcare topics. Fellows actively engaged by presenting reflections on peer-reviewed articles and collaborating on group projects, promoting peer learning and interdisciplinary dialogue. This educational initiative enriched professional development of core patient safety curriculum for fellows throughout the world and is strengthening the programs reputation for cultivating an innovative, systems-based approach to healthcare quality and safety.

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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

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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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