Civic Intelligence

Patient Safety Movement Foundation

990 • Fiscal year 2025 • EIN 46-2730379

Apr 01, 2024 to Mar 31, 2025 • Filed on May 28, 2025

Organization Profilepsmf.org
15642 Sand Canyon Ave 51268Irvine, CA 92619

(949) 230-7588

Siviq Scores

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

Liabilities / Assets

91st percentile

0.38x

Higher debt load relative to assets than 91% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

85th percentile

0.09x

Higher debt load relative to revenue than 85% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

4th percentile

-156%

Higher net margin than 4% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$210,873

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 57.7% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

4th percentile

-85%

Faster asset growth than 4% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$89,728

Down $889,836 (-91%) from 2022

Net Assets

Down

$55,765

Down $535,963 (-91%) from 2022

Liabilities

Down

$33,963

Down $353,873 (-91%) from 2022

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin4th percentile

Revenue

Down

$365,177

Down $868,030 (-70%) from 2022

Expenses

Down

$933,809

Down $630,262 (-40%) from 2022

Net Income

Down

-$568,632

Down $237,768 (-72%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$3.0M$2.0M$1.0M$0Assets 2016: $941,533Liabilities 2016: $211,607Net Assets 2016: $729,9262016Assets 2018: $2,087,755Liabilities 2018: $225,162Net Assets 2018: $1,862,5932018Assets 2019: $1,313,186Liabilities 2019: $78,186Net Assets 2019: $1,235,0002019Assets 2020: $1,237,316Liabilities 2020: $476,186Net Assets 2020: $761,1302020Assets 2021: $1,402,787Liabilities 2021: $480,195Net Assets 2021: $922,5922021Assets 2022: $979,564Liabilities 2022: $387,836Net Assets 2022: $591,7282022Assets 2025: $89,728Liabilities 2025: $33,963Net Assets 2025: $55,7652025

Highlighted filing

2025

Assets$89,728
Liabilities$33,963
Net Assets$55,765
Open 2025 Filing

Operations Trend

Revenue Growth4th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $3,206,765Expenses 2016: $2,273,742Net Income 2016: $933,0232016Revenue 2018: $4,118,632Expenses 2018: $2,799,619Net Income 2018: $1,319,0132018Revenue 2019: $2,705,492Expenses 2019: $3,333,085Net Income 2019: -$627,5932019Revenue 2020: $2,370,616Expenses 2020: $2,844,486Net Income 2020: -$473,8702020Revenue 2021: $2,184,656Expenses 2021: $2,023,194Net Income 2021: $161,4622021Revenue 2022: $1,233,207Expenses 2022: $1,564,071Net Income 2022: -$330,8642022Revenue 2025: $365,177Expenses 2025: $933,809Net Income 2025: -$568,6322025

Highlighted filing

2025

Revenue$365,177
Expenses$933,809
Net Income-$568,632
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
May 28, 2025
Return Version
2024v5.1
Gross Receipts
$365,177
Mission and Program Overview

Mission

The Patient Safety Movement is connecting people, ideas and technology to confront the large scale problem of more than 200,000 preventable patient deaths in U.S. hospitals and 3,000,000 worldwide, each year by providing actionable ideas and innovations that can transform the process of care, dramatically improve patient safety and help eliminate patient preventable deaths. We are doing this one solution, one commitment, one hospital, one act of kindness and love, and one patient at a time. The PSMF is helping to break down silos that exist between hospitals, healthcare technology companies, patient advocates, patients, the government and all the stakeholders affected in healthcare - all of us. Together we are pushing towards zero preventable deaths by 2020.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$523,146$63,668▼ $459,478
Land, Buildings, and Equipment, Net$53,041$0▼ $53,041
Prepaid Expenses and Deferred Charges$29,762$0▼ $29,762
Intangible Assets-$26,060-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$605,949$89,728▼ $516,221
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$80,449$33,963▼ $46,486
Total Liabilities$80,449$33,963▼ $46,486
Net Assets / Fund Balance
Net Assets With Donor Restrictions$133,875--
Net Assets Without Donor Restrictions$391,625$55,765▼ $335,860
Total Net Assets Fund Balance$525,500$55,765▼ $469,735
Total Liabilities and Net Assets / Fund Balance$605,949$89,728▼ $516,221
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sanaz MassoumiCOOFT$209,484$1,389$210,873

Board Members and Trustees

NameTitle
Mike DurkinPresident
Robin BettsVice President
Abby TowfighDirector
David B MayerDirector
Edward KelleyDirector
Jannicke Mellin-Olsen thru 225Director
Javier DavilaDirector
Jim Messina thru 1124Director
Joe KianiDirector
Najmedin MeshkatiDirector
Nasim AfsarDirector
Omar IshrakDirector
Philip LumbDirector
Sarah KianiDirector
Steven J BarkerDirector
Vonda Vaden BatesDirector
Michael AE RamsayCEO
Consuelo TolentinoSecretary
Charlie MiceliTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$365,177
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$346,877
Change in Net Assets
$-568,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$420,271
Other Expenses$412,839
Grants and Similar Amounts Paid$100,000
Total Fundraising Expense$15,582
Professional Fundraising Fees$699

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$189,786$10,544$10,543$210,873
Other Salaries and Wages$146,555$2,832$1,698$151,085
Advertising$111,055$5,000$300$116,355
Grants to Domestic Orgs$100,000--$100,000
Travel$58,233--$58,233
Conferences and Meetings$30,439--$30,439
Pension Plan Contributions$27,848$1,149$751$29,748
Payroll Taxes$26,625$1,009$931$28,565
Information Technology$19,748--$19,748
All Other Expenses$17,823$1,009$660$19,492
Other Expenses$14,302$182-$14,484
Fees for Services Accounting-$14,462-$14,462
Fees for Services Management-$8,036-$8,036
Insurance-$6,348-$6,348
Fees for Services Other$5,160--$5,160
Fees for Services Legal$232$2,954-$3,186
Occupancy-$3,144-$3,144
Office Expenses$2,227$-37-$2,190
Fees for Services Professional Fundraising--$699$699
Total Functional Expenses$846,188$72,039$15,582$933,809
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Project HopeWashington, DC501(c)(3)Health Crisis$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$699
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Armaan MeshkatiFamily MemberProviding ServicesNo$69,558

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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 A, Line 2

“Director, Joe Kiani, is also the Founder of Masimo, Willow Labs & Patient Safety Movement Foundation and Co-founder, A Starting Point. Joe Kiani and Sarah Kiani have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“Form 990 was reviewed by PSMF's CEO, COO, Secretary, and Treasurer prior to filing.”

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

“On an annual basis, all board members and officers are required to sign a conflict of interest policy statement stating they have read the conflict of interest policy and have disclosed all known conflicts.”

Form 990, Part VI, Section B, Line 15A

“CEO is not compensated.”

Form 990, Part VI, Section B, Line 15B

“The Board of Directors is responsible for hiring and establishing the compensation (salary and benefits) of the COO by identifying compensation that is "reasonable and not excessive" but that also is attractive enough to retain the best possible talent to lead the Organization. The process for determining the appropriate compensation is conducting a review of what similarly-sized peer organizations, in our same geographic location, offer their senior leaders.”

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

Filer Name
Patient Safety Movement Foundation
EIN
46-2730379
Phone
9492307588
Address
15642 Sand Canyon Ave 51268, Irvine, CA 92619

Signing Officer

Name
Michael AE Ramsay
Title
CEO
Phone
9492307588
Signed
2025-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael AE Ramsay
Formed
2013
Legal Domicile
De
Voting Board Members
16
Independent Board Members
16
Employees
4
Volunteers
26

Preparer

Firm
Brett Bradbury CPA PC
Address
3780 Kilroy Airport Way Suite 200, Long Beach, CA 90806-2458
Preparer
Brett Bradbury
Phone
5625171899
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IRS990/ProgSrvcAccomActy2Grp/Desc0Review - Conducted a comprehensive review of 15 actionable clinical guidelines to ensure alignment with the most current evidence-based medical practices. This initiative supported ongoing quality improvement efforts and enhanced clinical decision-making tools across the program. As a result, key recommendations were updated to reflect the latest research, ultimately promoting improved patient outcomes and standardizing best practices to implement across healthcare systems.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$89,728
Liabilities
$33,963
Net assets
$55,765
Revenue
$365,177
Expenses
$933,809
Net income
-$568,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$0.37$0.93$0.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.39$0.59$1.23$1.56$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.48$0.92$2.18$2.02$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.48$0.76$2.37$2.84$0.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.08$1.24$2.71$3.33$0.63
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.23$1.86$4.12$2.80$1.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.21$0.73$3.21$2.27$0.93
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)3 • <$500k nonprofits