Hacking Medicine Institute is located in Cambridge, MA. The organization was established in 2015. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hacking Medicine Institute 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, Hacking Medicine Institute generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (45.6%) each year. All expenses for the organization totaled $10.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HMI ORGANIZES AND STAFFS HEALTHCARE INNOVATION AND EDUCATION EVENTS IN BOSTON AND AROUND THE WORLD. WE DEVELOP EDUCATIONAL MATERIALS AND PRESENTATIONS TO ASSIST IN TEACHING ABOUT HEALTH TECH-ENABLED TRANSFORMATION, ENTREPRENEURSHIP AND CLINICAL IMPACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lis Rhodes CFO | 2 | $0 | |
Ayesha Khalid Director, Clerk | 1 | $0 | |
Kevin Ohasni Director | 1 | $0 | |
Zen Chu President And Chairman | 2 | $0 | |
Maulik Majmudar Director, Clerk | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,685 |
Total Revenue | $1,685 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,839 |
Total expenses | $10,339 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $710 |
Other assets | $0 |
Total assets | $90,485 |
Total liabilities | $55,372 |
Net assets or fund balances | $35,113 |
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