Civic Intelligence

Maryland Patient Safety Center Inc

990 • Fiscal year 2014 • EIN 26-2188491

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 25, 2014

6820 Deerpath Road21075

(410) 540-9210

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.13x

Higher debt load relative to assets than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

32nd percentile

-2.5%

Higher net margin than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$234,516

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

26th percentile

-3.3%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,269,316

Down $43,241 (-3.3%) from 2013

Net Assets

Down

$1,109,054

Down $55,895 (-4.8%) from 2013

Liabilities

Up

$160,262

Up $12,654 (+8.6%) from 2013

Revenue

$2,242,989

No earlier filing loaded for comparison.

Expenses

Up

$2,298,884

Up $144,129 (+6.7%) from 2013

Net Income

-$55,895

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $1,312,557Liabilities 2013: $147,608Net Assets 2013: $1,164,9492013Assets 2014: $1,269,316Liabilities 2014: $160,262Net Assets 2014: $1,109,0542014Assets 2015: $1,547,989Liabilities 2015: $304,776Net Assets 2015: $1,243,2132015Assets 2016: $1,876,617Liabilities 2016: $345,131Net Assets 2016: $1,531,4862016Assets 2017: $2,115,721Liabilities 2017: $314,789Net Assets 2017: $1,800,9322017Assets 2018: $2,258,738Liabilities 2018: $409,087Net Assets 2018: $1,849,6512018Assets 2019: $2,169,218Liabilities 2019: $442,795Net Assets 2019: $1,726,4232019Assets 2020: $2,441,666Liabilities 2020: $912,176Net Assets 2020: $1,529,4902020Assets 2021: $2,364,809Liabilities 2021: $358,053Net Assets 2021: $2,006,7562021Assets 2022: $1,736,302Liabilities 2022: $204,169Net Assets 2022: $1,532,1332022Assets 2023: $1,863,428Liabilities 2023: $375,389Net Assets 2023: $1,488,0392023Assets 2024: $1,670,168Liabilities 2024: $232,089Net Assets 2024: $1,438,0792024

Highlighted filing

2014

Assets$1,269,316
Liabilities$160,262
Net Assets$1,109,054

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $2,154,7552013Revenue 2014: $2,242,989Expenses 2014: $2,298,884Net Income 2014: -$55,8952014Revenue 2015: $2,066,144Expenses 2015: $2,063,790Net Income 2015: $2,3542015Revenue 2016: $1,934,569Expenses 2016: $1,646,296Net Income 2016: $288,2732016Revenue 2017: $1,861,992Expenses 2017: $1,592,546Net Income 2017: $269,4462017Revenue 2018: $1,626,440Expenses 2018: $1,577,721Net Income 2018: $48,7192018Revenue 2019: $1,738,470Expenses 2019: $1,861,698Net Income 2019: -$123,2282019Revenue 2020: $1,016,935Expenses 2020: $1,263,524Net Income 2020: -$246,5892020Revenue 2021: $2,102,777Expenses 2021: $1,625,511Net Income 2021: $477,2662021Revenue 2022: $1,399,054Expenses 2022: $1,857,079Net Income 2022: -$458,0252022Revenue 2023: $2,090,233Expenses 2023: $2,161,023Net Income 2023: -$70,7902023Revenue 2024: $2,225,953Expenses 2024: $2,300,086Net Income 2024: -$74,1332024

Highlighted filing

2014

Revenue$2,242,989
Expenses$2,298,884
Net Income-$55,895
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 25, 2014
Return Version
2013v3.0
Gross Receipts
$2,242,989
Mission and Program Overview

Mission

To develop and implement strategies to improve the safety of patient care in maryland. Mpsc unites stakeholders to champion patient safety, eliminate preventable harm, and accelerate improvements in safety quality across healthcare.

To develop and implement strategies to improve the safety of patient care in maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$614,562$809,760▲ $195,198
Cash and Non-Interest-Bearing Accounts$252,309$259,643▲ $7,334
Pledges and Grants Receivable-$84,120-
Prepaid Expenses and Deferred Charges$84,981$67,805▼ $17,176
Intangible Assets$18,707$33,900▲ $15,193
Accounts Receivable$328,953$10,300▼ $318,653
Land, Buildings, and Equipment, Net$12,449$3,192▼ $9,257
Total Assets$1,312,557$1,269,316▼ $43,241
Other Assets Total$596$596→ $0
Liabilities
Accounts Payable and Accrued Expenses$145,465$145,987▲ $522
Deferred Revenue$2,143$14,275▲ $12,132
Total Liabilities$147,608$160,262▲ $12,654
Net Assets / Fund Balance
Unrestricted Net Assets$1,164,949$1,109,054▼ $55,895
Total Net Assets Fund Balance$1,164,949$1,109,054▼ $55,895
Total Liabilities and Net Assets / Fund Balance$1,312,557$1,269,316▼ $43,241

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,192$49,502$52,694
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert ImhoffPresident/CEO/directorFT$165,948$68,568$234,516
Bonnie DipietroDirector of OperationsFT$148,835$33,290$182,125

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,881,422
Program Service Revenue
$361,369
Investment Income
$198
Other Revenue
$0
All Other Contributions
$1,672,302
Change in Net Assets
$-55,895

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,242,989
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,242,989
Total Revenue per Form 990
$2,242,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,614,757
Salaries, Compensation, and Employee Benefits$663,877
Total Fundraising Expense$20,319
Professional Fundraising Fees$20,250
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,025,860--$1,025,860
Current Officers, Directors, Trustees, and Key Employees$248,485$101,716-$350,201
Other Salaries and Wages$126,549$39,439-$165,988
Occupancy$138,876$20,883-$159,759
Conferences and Meetings$144,683$13,356-$158,039
Other Employee Benefits$62,842$24,419-$87,261
Advertising$6,453$38,786-$45,239
Fees for Services Accounting-$43,279-$43,279
Payroll Taxes$24,161$9,388-$33,549
Office Expenses$23,149$7,921-$31,070
Pension Plan Contributions$19,357$7,521-$26,878
Fees for Services Professional Fundraising--$20,250$20,250
Fees for Services Legal$7,487$10,500-$17,987
Depreciation Depletion$11,740$4,661-$16,401
Travel-$12,362-$12,362
Other Expenses-$11,530-$11,530
All Other Expenses-$4,592$69$4,661
Insurance-$2,533-$2,533
Information Technology$1,008$1,175-$2,183
Fees for Services Management-$22-$22
Total Functional Expenses$1,840,650$437,915$20,319$2,298,884

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,298,884
Total Expenses per Audited Statements$2,298,884
Total Expenses per Form 990$2,298,884
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$20,250
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is presented to the executive committee and the board of directors for review and comments prior to filing.

Form 990, Part VI, Section B, Line 12C

Review of forms by director.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors holds a compensation meeting to review and approve the ceo's salary. The executive committee considers comparability data in making salary decisions, and there are meeting minutes to document salary discussions.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
26-2188491
Phone
4105409210

Signing Officer

Name
Robert Imhoff
Title
President/CEO/director
Phone
4105409210
Signed
2014-11-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Imhoff
Formed
2007
Legal Domicile
Md
Voting Board Members
20
Independent Board Members
19
Employees
5
Volunteers
0

Preparer

Preparer
Nicole R Szarko CPA
Phone
4103071400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Medsafe consulting fees: program service expenses 47,596. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,596. Adverse event reporting consulting fees: program service expenses 50,213. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,213. Hand hygiene consulting fees: program service expenses 59,644. Management and general expenses 0. Fundraising expenses 0. Total expenses 59,644. Safe from falls consulting fees: program service expenses 57,387. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,387. Perinatal/neonatal consulting fees: program service expenses 61,640. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,640. Certification program consulting fees: program service expenses 327,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 327,200. Outpatient dialysis consulting fees: program service expenses 75,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,000. Sepsis consulting fees: program service expenses 17,032. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,032. Apsc consulting fees: program service expenses 75,648. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,648. Caring for the caregiver consulting fees: program service expenses 88,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 88,000. Education expense consulting fees: program service expenses 166,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 166,500.

Form 990, Page 12, Part XII, Question 2(C)

The process of overseeing the financial statements has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for income tax provisions in accordance with financial accounting standards board accounting standards concept topic 740-10, accounting for uncertainty in income taxes, which creates a single model to address uncertainty in tax positions and clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. The organization believes that its income tax filing positions and deductions will be sustained upon examination and, accordingly, has not recorded any reserves, or related accruals for interest and penalties. The organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. The organization has adopted a policy under which, if required to be recognized in the future, it will classify interest related to the underpayment of income taxes as a component of interest expense, and it will classify any related penalties in general and administrative expenses in the statements of activities.

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IRS990/Desc0PATIENT SAFETY CERTIFICATION: THE PATIENT SAFETY CERTIFICATION IS A COMPREHENSIVE, PROACTIVE EFFORT THAT WILL ASSESS, IDENTIFY AND RESOLVE PATIENT SAFETY ISSUES. THE PROGRAM WILL EXAMINE THESE ISSUES THROUGH AN ORGANIZATIONAL LENSE, INCORPORATIONG A COMBINATION OF CLASSROOM EDUCATION, PRACTICAL APPLICATIONS AND COACHING/MENTORING. POSITIVE PSYCHOLOGY PRINCIPLES WILL BE APPLIED AS THE PERFORMANCE IMPROVEMENT MODEL - FOCUSING ON WHAT THE ORGANIZATION DOES RIGHT AS A METHOD OF RESOLVING AND SUSTAINING SUCCESS WITH THE IDENTIFIED ISSUES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT/CEO/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF OPERATIONS
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IRS990/MissionDesc0TO DEVELOP AND IMPLEMENT STRATEGIES TO IMPROVE THE SAFETY OF PATIENT CARE IN MARYLAND. MPSC BRINGS TOGETHER HEALTH CARE PROVIDERS TO STUDY CAUSES OF UNSAFE PRACTICES AND PUT PRACTICAL IMPROVEMENTS IN PLACE TO PREVENT HEALTHCARE RELATED ERRORS.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt023149
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IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
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IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION SESSION
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IRS990/ProgSrvcAccomActy2Grp/Desc0ANNUAL PATIENT SAFETY CONFERENC: THE ANNUAL PATIENT SAFETY CONFERENCE BRINGS TOGETHER OVER 1,200 HEALTHCARE PROFESSIONALS AND NATIONALLY RECOGNIZED SPEAKERS AND PRESENTERS TO LEARN AND EXCHANGE BEST PRACTICES RELATED TO CURRENT ISSUES SURROUNDING PATIENT SAFETY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PERINATAL/NEONATAL: THE ORGANIZATION'S MISSION REGARDING PERINATAL IS TO CREATE UNITS THAT DELIVER CARE SAFELY AND RELIABLY WITH ZERO PREVENTABLE ADVERSE OUTCOMES. THE FOCUS OF THE NEONATAL COLLABORATIVE IS TO REDUCE HEALTHCARE-ASSOCIATED INFECTIONS THROUGH THE IMPLEMENTATION OF EVIDENCE-BASED PREVENTIVE CARE PRACTICES, DECREASE NEONATAL MORTALITY, CHRONIC LUNG DISEASE AND LENGTH OF STAY. ADDITIONAL CONCENTRATIONS INCLUDE IMPROVING TEAMWORK AND COMMUNICATION THROUGH THE IMPLEMENTATION OF TEAM BEHAVIORS, INCLUDING THE FAMILY, INTO NEONATAL CARE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATION: THE ORGANIZATION OFFERS SEVERAL EDUCATION PROGRAMS AS PART OF A COMPREHENSIVE SET OF ACTIVITIES DESIGNED TO HELP HEALTHCARE PROVIDERS DEVELOP THE SKILLS AND BEHAVIORS NECESSARY TO MAKE MARYLAND THE SAFEST STATE IN THE NATION FOR RECEIVING PATIENT CARE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1MEDSAFE MEDICATION SAFETY INITIATIVE: THE ORGANIZATION CONDUCTS AN ANNUAL SURVEY TO ASSESS THE STATUS OF THE MEDICATION SAFETY EFFORTS UNDERWAY, IDENTIFY BEST PRACTICES AND SHARE THIS INFORMATION AMONG HOSPITALS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2OTHER PROGRAMS INCLUDE: ADVERSE EVENT REPORTING, CARING FOR THE CAREGIVER, FALLS PREVENTION, HAND HYGIENE INITIATIVE, OUTPATIENT DIALYSIS, PATIENT/FAMILY CENTERED CARE, AND THE SEPSIS INITIATIVE.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0654
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