Azcert Dba Crediblemeds Medsafetyscan

Nonprofit profile at a glance

EIN
455573637
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2012
Location
Tucson, AZ, USA
Phone
5209890900
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$193,390
Expenses
$226,126
Assets
$262,134
Liabilities
$4,182

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • RAY WOOSLEY MD PHD (PRESIDENT/CEO)

Highest reported compensation

  • KRISTIN BLACK BA (COO): $117,000 total reported compensation
  • R DAVID WOOSLEY MPH (DIRECTOR): $48,781 total reported compensation
  • CRAIG HEISE MD (DIRECTOR): $12,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To foster the safe use of medicines for healthcare providers, research scientists and the public.

What it reported doing in 2024

Azcert's mission is primarily addressed by conducting analyses of data and evidence relative to the safe use of medicines and making the results of these analyses available to the public on its website www.crediblemeds.org. The website hosts a list of drugs categorized by their risk of causing the arrythmia torsade de pointes that serves as a standard reference for many hospital systems and healthcare workers, as well as countless other educational resources and tools for both healthcare professionals, researchers and patients. Currently there over 300,000 registered users of the crediblemeds website with approximately 2,000 users each day, and smartphone app has been downloaded by over 250,000 users. Currently, between the app and the website, there are users from 222 countries/regions.in addition, azcert maintains the website medsafetyscan.org, a risk quantification tool and drug interaction checker that interfaces with the crediblemeds website and patients' electronic health record to advise physicians and pharmacists which patients have the highest risk of torsade de pointes, and recommendations for reducing that risk. Currently 1,216 clinical sites are populated with patient data, and the records of over 1.1 million patients (an increase of 200,000 patients over last year) have been connected to and analyzed by medsafety scan.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 85
  • Accountability: 57
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99%; rating input score 99
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 70%; rating input score 70; 19th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.9%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 78.6%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 1.1% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 99% of revenue deployed · 84.7% of spending went to programs
  • Governance: 7 of 10 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $191K in reported program spending
  • Leadership: top reported pay $117K · 10 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.