Innovators In Health
- Assets
- $114.3k
- Revenue
- $218.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-1884197
Organization Overview
Innovators In Health is located in Newton, MA. The organization was established in 2008. According to its NTEE Classification (G45) the organization is classified as: Lung Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovators In Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Innovators In Health generated $218.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $193.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE WORLD-CLASS HEALTHCARE FOR THE RURAL POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IIH TREATED MORE THAN 3000 PATIENTS WITH TUBERCULOSIS AND ENSURED SAFE DELIVERIES FOR MORE THAN 400 WOMEN, ALL IN THE MIDDLE OF A PANDEMIC. WITH OXYGEN SCARCE, IIH OUTFITTED 8 PUBLIC HOSPITALS IN 4 DISTRICTS (A TOTAL OF 370 BEDS) WITH CENTRALIZED OXYGEN DELIVERY PIPELINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manish Bhardwaj President & CEO | OfficerTrustee | 8 | $0 |
Bill Thies Director | Trustee | 1 | $0 |
Scott Kennedy Director | Trustee | 1 | $0 |
Kentaro Toyama Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,144 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $218,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $182,999 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $267 |
| Advertising and promotion | $0 |
| Office expenses | $173 |
| Information technology | $7,963 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,492 |
| Total functional expenses | $193,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,805 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $7,496 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $114,301 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,618 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,618 |
| Net assets without donor restrictions | $103,683 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $114,301 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Innovators In Health has recieved totaling $119,096.
| Awarding Organization | Amount |
|---|---|
Amit & Deepali Sinha Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $38,520 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,576 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Breathe New Hampshire Manchester, NH | $17,166,463 | $1,895,804 |
Lung Transplant Project Foundation New York, NY | $524,711 | $106,922 |
National Emphysema Foundation Inc Norwalk, CT | $2,921,908 | $194,481 |
Innovators In Health Newton, MA | $114,301 | $218,144 |
Middle East Cystic Fibrosis Association Chestnut Hill, MA | $50,302 | $0 |
Cystic Dreams Inc Manchester, MA | $157,825 | $0 |
Mother Mary Breathe Easy Inc West Hempstead, NY | $4,277 | $0 |
Closing The Gap Foundation Scituate, MA | $74,336 | $0 |