Tmit Global Corp

Nonprofit profile at a glance

EIN
742353350
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2022, Form 990-EZ 2023
Location
Newport Beach, CA, USA
Phone
5129474337
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$119,068
Expenses
$225,260
Assets
$54,574
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Charles Denham (CEO)

People named in this filing

  • Charles Denham (CEO)
  • Steven Settle (Director)
  • Gladstone McDowell (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization has undertaken patient safety, medical error, and bystander rescue care education and research of best practices since it was founded. Free continuing education programs educate doctors, nurses, lifeguards, and professional first responders. Invitations and confirmations from U.S. hospitals to 25,000-85,000 individuals in 3,000 communities. Monthly ninety minute national webinars including posted slides, video, and resources that may be downloaded. All included pre-production, production, and post-production. Approximately 200 to 500 attendees attend the live programs from 50 states. The organization educates and inspires communities to place rescue stations for bystanders to rescue the general public using the best practices that have been developed and spread.

What it reported doing in 2023

From January 2023 to December 2023 the 90 minute programs produced each month included: Consent to Save Your Life: The 5 Rights to My IdentityTM , The 5 Rights of Pain Care: Battling the Opioid Crisis, Healthcare Financial Fraud: Imposters Part III, Consumer & Professional Fraud: Imposters Part II, Safety of Rising Freshmen: Battling Failure to Rescue, The Imposters: An Emerging Threat to Safety Workplace Violence V: Insider Threats in 2023, Workplace Violence IV: Hunting and Howling in 2023, Workplace Violence III: Dealing with NEW High Impact Incidents, Workplace Violence II: Beyond Physical Harm - Systems, Workplace Violence in 2023: A Threat to Caregivers, Staff, Educators, and the Community, Teaching Bystander Rescue Care: A Survive and Thrive GuideTM Preventable Death & Severe Injury of Students: A Survive and Thrive GuideTM for Students & Families. See: www.GlobalPatientSafetyForum. Rescue stations and public education was provided alone coastline communities, schools, faith-based organizations, and communities.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.8%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -89.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: -28.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $200K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.