Tmit Global Corp: FY2020 Nonprofit Profile & Form 990 (EIN 74-2353350)

Revenue by fiscal year
FY2020	$141K
FY2021	$262K
FY2022	$315K
FY2023	$119K

Expenses by fiscal year
FY2020	$184K
FY2021	$257K
FY2022	$165K
FY2023	$225K

Net assets by fiscal year
FY2020	−$24K
FY2021	−$20K
FY2022	$131K
FY2023	$55K

Tmit Global Corp Form 990 (PDF) Claim this org

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Status and standing

Is it real, and can you give to it?

Tax-deductible?

Yes

Per the IRS master file.

Can I give now?

No revocation on IRS record

Not on the IRS revocation list.

Filing up to date?

Last filed FY2023 — 3 yrs ago

Legal name (IRS)Hdr · item CTmit Global Corp

EINHdr · item D74-2353350

Exempt statusHdr · item I501(c)(3) · active

Ruling yearIRS BMFJun 1986

Latest filingForm 990FY2023 · Form 990

Principal addressHdr · item CNewport Beach, CA

NTEE classificationIRS BMFNonprofit

WebsiteHdr · item Jwww.safetyleaders.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

100%

Program services $1.00

Program services100%$184K

Total functional expensesLn 25$184K

Finances

Money in and out, what it owns and owes

Operating surplus

-31%

revenue over expenses, this legal entity

Program spending

100%

of expenses reach program services

Gift & grant revenue

100%

of revenue from contributions & grants

Summary of the Filing

Part I · fiscal year 2020 · Form 990

Total assets

$4K

FY2020

Total assets by fiscal year
FY2020	$4K
FY2021	$10K
FY2022	$161K
FY2023	$55K

Total liabilities

$28K

FY2020

Total liabilities by fiscal year
FY2020	$28K
FY2021	$30K
FY2022	$30K
FY2023	$0

Revenue less expensesPt I · Ln 19−$43K

Total assetsPt X · Ln 16$4K

Spent on programsPt IX · col B100%

Voting members of governing bodyPt I · Ln 34

Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year

CashLn 1$4K

Total assetsLn 16$4K

Total liabilitiesLn 26$28K

Total net assetsLn 32−$24K

Months of cash on handcomputed0.2

Statement of Revenue

Part VIII

Contributions & grants100%$141K

Total revenueLn 12$141K

Money in detail

Form 990 · FY2020 · each figure shown with the dollars behind it

Cash and giving out

Months of spending covered by cash

Cash and easy-to-sell investments $4K · Operating expenses/yr $184K

0.2 months

Where the money goes

Program services

Program services $184K · Total expenses $184K

100%

Management & General

Management & general $0 · Total expenses $184K

Fundraising

Fundraising $0 · Total expenses $184K

Cost to raise $1

Fundraising expense $0 · Solicited contributions $141K

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $141K · Total revenue $141K

100%

Government reliance

Government grants — · Total revenue $141K

—

Earned-income share

Program service revenue $0 · Total revenue $141K

Investment reliance

Investment income $0 · Total revenue $141K

Program self-sufficiency

Program service revenue $0 · Total expenses $184K

Growth & trend

Revenue change from last year

This year $141K · Prior year —

No prior year on file

Net assets change over the year

End of year −$24K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus or deficit, as % of revenue

Revenue $141K · Expenses $184K

-31%

Debts compared to what it owns

Total liabilities — · Total assets $4K

—

Net assets compared to what it owns

Net assets −$24K · Total assets $4K

-632%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Stephen Settle · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $184K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $184K

—

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Spent on programs	100%	—	—
Spent on management, % of spending	0%	—	—
Fundraising cost, % of gifts	0%	—	—
Accounting fees, % of spending	2%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Stephen Settle

Director

$0Pt VII · Sec A

William Scharf

Director

$0Pt VII · Sec A

Gladstone McDowell

Director

$0Pt VII · Sec A

Charles R Denham MD

Executive Director

$0Pt VII · Sec A

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Governance & Policies

Part VI

4Voting board membersPt VI · Ln 1a
4Independent board membersPt VI · Ln 1b
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
Top official’s pay independently reviewedPt VI · Ln 15aNo
Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Tmit Global Corp is a hospital based in Newport Beach, CA.

Provided by the organization

This section is blank until Tmit Global Corp claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $184K of program spending, described in the organization's own filed words · FY2020.

Med Tac Global

During the first quarter of 2020 we continued to serve our national research testbed with monthly 90 minute live broadcasts serving our constituency of patient safety and healthcare quality improvement professionals. In march of 2020 we launched the coronavirus community of practice.

$148Kprogram expense

National Research Test Bed Webinar Series

Tmit produces live webinars for global patient and caregiver safety leaders and then converts them to video programs and posts for continuous online learning. Tmit awards continuing education credits fror professional caregiver licensure. Continuous caregiver and patient education R&D through surveys drives new content develpment.

$28Kprogram expense

Safetyleaders.org

Tmit provides concepts, tools, and resources on its free website, WWW.SAFETYLEADERS.ORG. Tmit staff travels to national patient safety and quality meetings and gathers the best thinking and best practices for emerging quality issues as well as reviews articles relevant to quality and patient safety.

$9Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2021

Femino FoundationFY2021$3K

Total grants receivedfrom 1 funder$3K

Filing history

Every return on file.

Year	Revenue	Expenses	Change	Filing
FY2023 Latest	$119K	$225K	-62%	990 PDF
FY2022	$315K	$165K	+20%	990 PDF
FY2021	$262K	$257K	+85%	990 PDF
FY2020 Viewing	$141K	$184K		990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.

Part VIII · Statement of revenue $141,319 across 3 lines filed

VIII-1f All other contributions, gifts and grants$141,319

VIII-1h Total contributions, gifts and grants$141,319

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$141,319

Part IX · Statement of functional expenses $184,493 across 6 lines filed

IX-11a Management feesPrograms $1,211$1,211

IX-11c Accounting feesPrograms $4,000$4,000

IX-13 Office expensesPrograms $23,067$23,067

IX-16 OccupancyPrograms $421$421

IX-17 TravelPrograms $446$446

IX-24 Other expenses (24a–d)Programs $155,348$155,348

IX-25 Total functional expensesPrograms $184,493 · Management $0 · Fundraising $0$184,493

Part X · Balance sheet $3,835 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $48,989$3,835

X-10c Land, buildings and equipment, netStart of year $0$0

X-16 Total assetsStart of year $48,989$3,835

X-17 Accounts payable and accrued expensesStart of year $30,000$30,000

X-25 Other liabilitiesStart of year $36−$1,944

X-26 Total liabilitiesStart of year $30,036$28,056

X-32 Total net assets or fund balancesStart of year $18,953−$24,221

X-33 Total liabilities and net assetsStart of year $48,989$3,835

Part XI · Reconciliation of net assets −$24,221 net assets at year end

XI-1 Total revenue$141,319

XI-2 Total expenses$184,493

XI-3 Revenue less expenses−$43,174

XI-4 Net assets at start of year$18,953

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year−$24,221

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2020IRS

Classification, formation year, addressIRS Business Master File

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Tmit Global Corp FY2020 filing

Before you give

Status and standing

Where the money goes

Statement of Functional Expenses

Finances

Summary of the Filing

Balance Sheet

Statement of Revenue

Money in detail

Leadership and pay

Officers, Directors & Key Employees

Governance & Policies

Mission and programs

Where the work happens

Med Tac Global

National Research Test Bed Webinar Series

Safetyleaders.org

Funders

Grants

Filing history

Schedules filed Part IV

Full filing: Form 990 for FY2020

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