Civic Intelligence

The Anesthesia Patient Safety Foundation

EIN 51-0287258 • 501(c)3 • Schaumburg, IL

Profile

The apsf's mission is to improve the safety of patients during anesthesia care by: identifying safety initiatives and creating recommendations to implement directly and with partner organizations, being a leading voice for anesthesia patient safety worldwide, and supporting and advancing anesthesia patient safety culture, knowledge, and learning.

1061 American LaneSchaumburg, IL 60173-4973

www.apsf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.14x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

24th percentile

-4.7%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$1,254,970

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 52.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

63rd percentile

9.4%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$16,260,647

Up $1,393,622 (+9.4%) from 2023

Liabilities

Up

$336,585

Up $9,133 (+2.8%) from 2023

Net Assets

Up

$15,924,062

Up $1,384,489 (+9.5%) from 2023

Operations
Liabilities / Revenue39th percentileNet Margin24th percentile

Revenue

Down

$2,403,140

Down $851,041 (-26%) from 2023

Expenses

Up

$2,514,978

Up $187,396 (+8.1%) from 2023

Net Income

Down

-$111,838

Down $1,038,437 (-112%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $7,239,313Liabilities 2010: $50,228Net Assets 2010: $7,189,0852010Assets 2011: $7,600,201Liabilities 2011: $105,546Net Assets 2011: $7,494,6552011Assets 2012: $8,606,817Liabilities 2012: $116,610Net Assets 2012: $8,490,2072012Assets 2013: $10,536,793Liabilities 2013: $52,157Net Assets 2013: $10,484,6362013Assets 2014: $10,772,781Liabilities 2014: $24,706Net Assets 2014: $10,748,0752014Assets 2015: $10,437,271Liabilities 2015: $38,246Net Assets 2015: $10,399,0252015Assets 2016: $10,844,815Liabilities 2016: $44,566Net Assets 2016: $10,800,2492016Assets 2017: $11,995,516Liabilities 2017: $223,634Net Assets 2017: $11,771,8822017Assets 2018: $11,429,527Liabilities 2018: $582,001Net Assets 2018: $10,847,5262018Assets 2019: $12,830,304Liabilities 2019: $635,743Net Assets 2019: $12,194,5612019Assets 2020: $14,104,656Liabilities 2020: $302,368Net Assets 2020: $13,802,2882020Assets 2021: $16,092,814Liabilities 2021: $287,981Net Assets 2021: $15,804,8332021Assets 2022: $13,172,936Liabilities 2022: $210,597Net Assets 2022: $12,962,3392022Assets 2023: $14,867,025Liabilities 2023: $327,452Net Assets 2023: $14,539,5732023Assets 2024: $16,260,647Liabilities 2024: $336,585Net Assets 2024: $15,924,0622024

Highlighted filing

2024

Assets$16,260,647
Liabilities$336,585
Net Assets$15,924,062
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,370,9272010Expenses 2011: $1,104,5562011Expenses 2012: $1,498,0242012Revenue 2013: $1,724,925Expenses 2013: $1,607,969Net Income 2013: $116,9562013Revenue 2014: $1,331,002Expenses 2014: $1,567,736Net Income 2014: -$236,7342014Revenue 2015: $1,573,882Expenses 2015: $1,485,723Net Income 2015: $88,1592015Revenue 2016: $2,092,664Expenses 2016: $1,636,311Net Income 2016: $456,3532016Revenue 2017: $1,549,432Expenses 2017: $1,783,438Net Income 2017: -$234,0062017Revenue 2018: $2,021,148Expenses 2018: $2,471,535Net Income 2018: -$450,3872018Revenue 2019: $2,110,333Expenses 2019: $1,987,804Net Income 2019: $122,5292019Revenue 2020: $4,413,213Expenses 2020: $1,693,732Net Income 2020: $2,719,4812020Revenue 2021: $2,466,002Expenses 2021: $2,265,745Net Income 2021: $200,2572021Revenue 2022: $3,325,369Expenses 2022: $2,263,390Net Income 2022: $1,061,9792022Revenue 2023: $3,254,181Expenses 2023: $2,327,582Net Income 2023: $926,5992023Revenue 2024: $2,403,140Expenses 2024: $2,514,978Net Income 2024: -$111,8382024

Highlighted filing

2024

Revenue$2,403,140
Expenses$2,514,978
Net Income-$111,838
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$16,260,647
Liabilities
$336,585
Net assets
$15,924,062
Revenue
$2,403,140
Expenses
$2,514,978
Net income
-$111,838
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.34$15.9$2.40$2.51$0.11
2023Detailed filing. Detailed filing data is available for this year.$14.9$0.33$14.5$3.25$2.33$0.93
2022Detailed filing. Detailed filing data is available for this year.$13.2$0.21$13.0$3.33$2.26$1.06
2021Detailed filing. Detailed filing data is available for this year.$16.1$0.29$15.8$2.47$2.27$0.20
2020Detailed filing. Detailed filing data is available for this year.$14.1$0.30$13.8$4.41$1.69$2.72
2019Detailed filing. Detailed filing data is available for this year.$12.8$0.64$12.2$2.11$1.99$0.12
2018Detailed filing. Detailed filing data is available for this year.$11.4$0.58$10.8$2.02$2.47$0.45
2017Detailed filing. Detailed filing data is available for this year.$12.0$0.22$11.8$1.55$1.78$0.23
2016Detailed filing. Detailed filing data is available for this year.$10.8$0.04$10.8$2.09$1.64$0.46
2015Detailed filing. Detailed filing data is available for this year.$10.4$0.04$10.4$1.57$1.49$0.09
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.02$10.7$1.33$1.57$0.24
2013Detailed filing. Detailed filing data is available for this year.$10.5$0.05$10.5$1.72$1.61$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.61$0.12$8.49$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.60$0.11$7.49$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.05$7.19$1.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$3,823,110
Mission and Program Overview

Mission

The apsf's mission is to improve the safety of patients during anesthesia care by: identifying safety initiatives and creating recommendations to implement directly and with partner organizations, being a leading voice for anesthesia patient safety worldwide, and supporting and advancing anesthesia patient safety culture, knowledge, and learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,735,648$15,315,365▲ $1,579,717
Cash and Non-Interest-Bearing Accounts$567,170$438,093▼ $129,077
Savings and Temporary Cash Investments$426,487$319,052▼ $107,435
Prepaid Expenses and Deferred Charges$60,875$159,387▲ $98,512
Accounts Receivable$51,654$28,750▼ $22,904
Total Assets$14,867,025$16,260,647▲ $1,393,622
Other Assets Total$25,191$0▼ $25,191
Liabilities
Other Liabilities$0$115,851▲ $115,851
Accounts Payable and Accrued Expenses$87,452$100,734▲ $13,282
Grants Payable$125,000$75,000▼ $50,000
Deferred Revenue$115,000$45,000▼ $70,000
Total Liabilities$327,452$336,585▲ $9,133
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,307,139$15,740,318▲ $1,433,179
Net Assets With Donor Restrictions$232,434$183,744▼ $48,690
Total Net Assets Fund Balance$14,539,573$15,924,062▲ $1,384,489
Total Liabilities and Net Assets / Fund Balance$14,867,025$16,260,647▲ $1,393,622
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa SteiningerChief Financial Officer (thru March 2024)--$279,556$279,556
Daniel J Cole MdPresidentPT$126,000$800$126,800
Emily Methangkool Md MphDirector-$39,000$1,000$40,000
Steven B Greenberg Md Fccp FccmVice PresidentPT$33,400-$33,400
Elizabeth Rebello Md Fasa CppsDirector-$4,400$5,259$9,659
Jeffrey M Feldman Md MseDirector-$7,800-$7,800
Jay Mesrobian Md Mba Fasa FacheDirector-$1,200$3,600$4,800
Della M Lin Ms Md FasaSecretary-$4,600-$4,600
Joshua Lea Dnp Mba CrnaDirector (thru Sept 2024)-$3,100-$3,100
Dru Riddle Phd Dnp CrnaDirector-$1,400-$1,400
Seema Kumbhat MdDirector (thru Sept 2024)-$1,400-$1,400
Shane Angus Caa MsaDirector-$1,400-$1,400
Lynn Reede Dnp Mba Crna FnapDirector-at-large-$1,200-$1,200
Douglas BartlettTreasurer-$1,000-$1,000
John W Beard MdDirector-$800-$800
Meghan Lane-fall Md Mshp FccmDirector-$600-$600

Board Members and Trustees

NameTitle
Angie LindseyDirector
Brian Thomas JdDirector
Desiree Chappell CrnaDirector
Frank Chan PhdDirector
May C M Pian-smith Md MsDirector
Brian ReillyChief Executive Officer
Mark MankaChief Financial Officer
Lisa SteiningerChief Financial Officer (thru March

Highest Paid Contractors

ContractorServicesLocationCompensation
Edens Works INCWebsite Hosting And Consulting Services5810 S SHADOW WOOD PL, Sioux Falls, SD 57108$190,725
The Row Autograph Collection Dba AssemMeeting Venue360 FOLEY STREET, Somerville, MA 02145$187,074
Moser Strategy GroupExecutive Office Support2910 NEILSON WAY 506, Santa Monica, CA 90405$144,344
-Fundraising Services640 WELSH PARTRIDGE CIRCLE, Biltmore Lake, NC 28715$125,524
-Apsf Digital Strategy Director11 REDWOOD COURT, Wind Point, WI 53402$110,769
Revenue and Support

Revenue Composition

Contributions and Grants
$1,343,094
Program Service Revenue
$0
Investment Income
$1,060,046
Other Revenue
$0
All Other Contributions
$1,003,094
Change in Net Assets
$-111,838

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,317,839
Revenue Not Reported on Financial Statements
$85,301
Revenue Not Reported on Form 990
$1,496,327
Total Revenue per Audited Statements
$3,814,166
Total Revenue per Form 990
$2,403,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,492,539
Grants and Similar Amounts Paid$620,465
Total Fundraising Expense$410,104
Salaries, Compensation, and Employee Benefits$266,735
Professional Fundraising Fees$135,239

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$620,465--$620,465
Fees for Services Other$421,699$12,460$144,719$578,878
Conferences and Meetings$273,141$47,230$8,534$328,905
Current Officers, Directors, Trustees, and Key Employees$104,558$68,190$54,552$227,300
Travel$182,854$33,046$4,406$220,306
Information Technology$142,473$5,936$49,470$197,879
Fees for Services Professional Fundraising--$135,239$135,239
Fees for Service Investment Mgmnt Fees-$85,301-$85,301
Other Salaries and Wages$17,912$11,715$9,808$39,435
Fees for Services Management-$16,000-$16,000
Fees for Services Legal$4,883$203$1,696$6,782
Fees for Services Accounting$4,838$202$1,680$6,720
Office Expenses$5,451--$5,451
Other Expenses$37,188$720-$720
Total Functional Expenses$1,815,462$289,412$410,104$2,514,978

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,514,978
Expenses per Audited Statements$2,429,677
Total Expenses per Audited Statements$2,429,677
Expenses Not Reported on Financial Statements$85,301
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of WashingtonSeattle, WA501(c)(3)Apsf Research Grant and the Ellison C. Pierce, Jr. Md Merit Award$160,000
The Regents of the University of California San DiegoLa Jolla, CA501(c)(3)Apsf Research Grant$150,000
The University of PennsylvaniaPhiladelphia, PA501(c)(3)Apsf-faer Mrtg Grant$150,000
Miller School of Medicine of the University of MiamiMiami, FL501(c)(3)Apsf Research Grant$149,999
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$135,239
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Asa$115,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization utilizes the management of american society of anesthesiologists,inc (asa) to provide certain program and administrative services.”

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

“The organization retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a copy to each member of the governing body prior to filing. The governing body is given a chance to comment and/or ask questions.”

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

“The organization requires every board and committee member to complete a conflict of interest disclosure statement on an annual basis. A conflict of interest may not disqualify the member from serving, but may necessitate disclosure of the conflict or apparent conflict so that the words or deeds of the apsf member can be evaluated by others.”

Form 990, Part VI, Section B, Line 15

“Management duties normally performed by ceo,executive director or top management official are performed by board members. Board member stipends are determined annually by the executive committee while approving the budget.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available through applicable governmental agencies.”

Filing and Contact Details

Filer

Filer Name
The Anesthesia Patient Safety Foundation
EIN
51-0287258
Phone
8478255586
Address
1061 AMERICAN LANE, SCHAUMBURG, IL 60173-4973

Signing Officer

Name
Daniel Cole Md
Title
President
Phone
8472689251
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Manka
Formed
1985
Legal Domicile
De
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
125

Preparer

Firm
Cliftonlarsonallen Llp
Address
2021 SPRING ROAD SUITE 200, OAK BROOK, IL 60523
Preparer
Thure Ross CPA
Phone
6305738600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Outsourced services and stipends: program service expenses 421,699. Management and general expenses 12,460. Fundraising expenses 6,416. Total expenses 440,575. Newsletter translation and design: program service expenses 0. Management and general expenses 0. Fundraising expenses 138,303. Total expenses 138,303.”

FORM 990, PART XII, LINE 2C:

“The board of directors is responsible for oversight of the audit and the selection of an independent cpa firm.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from income tax under provisions of internal revenue code section 501(c)(3). Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation and has concluded that as of december 31, 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 824 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt028750
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE APSF'S MISSION IS TO IMPROVE THE SAFETY OF PATIENTS DURING ANESTHESIA CARE BY: IDENTIFYING SAFETY INITIATIVES AND CREATING RECOMMENDATIONS TO IMPLEMENT DIRECTLY AND WITH PARTNER ORGANIZATIONS, BEING A LEADING VOICE FOR ANESTHESIA PATIENT SAFETY WORLDWIDE, AND SUPPORTING AND ADVANCING ANESTHESIA PATIENT SAFETY CULTURE, KNOWLEDGE, AND LEARNING.
IRS990/AllOtherContributionsAmt01003094
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARK MANKA
IRS990/BooksInCareOfDetail/PhoneNum08472689251
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01061 AMERICAN LANE
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THE ROW AUTOGRAPH COLLECTION DBA ASSEM
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MOSER STRATEGY GROUP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0DANIEL J COLE MD
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1AMY PEARSON MD FASA
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IRS990/ContractorCompensationGrp/ServicesDesc2EXECUTIVE OFFICE SUPPORT
IRS990/ContractorCompensationGrp/ServicesDesc3FUNDRAISING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4APSF DIGITAL STRATEGY DIRECTOR
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IRS990/Desc0THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO FOSTER INVESTIGATIONS THAT WILL PROVIDE A BETTER UNDERSTANDING OF PREVENTABLE ANESTHETIC INJURIES, TO ENCOURAGE PROGRAMS THAT WILL REDUCE THE NUMBER OF ANESTHETIC INJURIES, AND TO PROMOTE NATIONAL AND INTERNATIONAL COMMUNICATION OF INFORMATION AND IDEAS ABOUT THE CAUSES AND PREVENTION OF ANESTHETIC INJURIES. THE APSF IS MADE UP OF INDIVIDUALS AND CORPORATIONS INVOLVED IN ALL ASPECTS OF ANESTHESIA, AND IS A MAJOR SOURCE OF GRANTS FOR RESEARCH. THE FOUNDATION'S NEWSLETTER IS PUBLISHED THREE TIMES A YEAR AND IS DISTRIBUTED WITHOUT CHARGE TO ANESTHESIOLOGISTS, NURSE ANESTHETISTS, ANESTHESIOLOGIST ASSISTANTS, AND TO THOUSANDS OF HOSPITAL ADMINISTRATORS AND GOVERNMENT OFFICIALS IN THE US, CANADA, AND OTHER VARIOUS COUNTRIES. THE APSF HAS ALSO INITIATED AND SPONSORED MANY OTHER ACTIVITIES IN FULFILLMENT OF ITS MISSION, INCLUDING SUPPORTING MEETINGS ON ANESTHESIA SAFETY AND FACILITATING DEVELOPMENT OF SIMULATORS FOR TRAINING ANESTHESIOLOGISTS IN CRISIS MANAGEMENT AS WELL AS OTHER ANESTHESIA MANAGEMENT PROBLEMS.
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IRS990/MissionDesc0THE APSF'S MISSION IS TO IMPROVE THE SAFETY OF PATIENTS DURING ANESTHESIA CARE BY: IDENTIFYING SAFETY INITIATIVES AND CREATING RECOMMENDATIONS TO IMPLEMENT DIRECTLY AND WITH PARTNER ORGANIZATIONS, BEING A LEADING VOICE FOR ANESTHESIA PATIENT SAFETY WORLDWIDE, AND SUPPORTING AND ADVANCING ANESTHESIA PATIENT SAFETY CULTURE, KNOWLEDGE, AND LEARNING.
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