Initium Cares
- Assets
- $255.1k
- Revenue
- $923.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Denver, CO
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 84-2561426
Organization Overview
Initium Cares is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Initium Cares employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Initium Cares is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN 2019, INITIUM HEALTH ESTABLISHED ITS NONPROFIT ARM, INITIUM CARES, TO PROVIDE INFRASTRUCTURE SUPPORT TO COMMUNITIES SEEKING TO ADDRESS STRUCTURAL BARRIERS TO THEIR SAFETY, HEALTH, AND WELLBEING. AS A FISCAL SPONSOR, INITIUM CARES LEVERAGES THE ACUMEN OF ITS FOR-PROFIT ARM TO HELP IMPROVE THE EFFICACY OF THOSE WITH LIVED EXPERIENCES SEEKING TO SELF-ORGANIZE TO IMPROVE THE CONDITIONS WITHIN THEIR COMMUNITIES. INITIUM CARES PROVIDES THE BACK-OFFICE SERVICES TO COMMUNITY-BASED ORGANIZATIONS FREEING THEM UP TO FOCUS ON THEIR MISSION DRIVEN ACTIVITIES. INITIUM CARES IS SEEKING TO MOVE DEEPER INTO THE COMMUNITIES MOST IMPACTED BY THE INEQUITIES GIVING THEM THE STRUCTURAL FOUNDATION UPON WHICH TO AMPLIFY THEIR VOICE AND GROW THEIR PROGRAMS. WE ARE COMMITTED TO REDUCING HEALTH INEQUITIES TO IMPROVE HUMAN HEALTH, BUT WE KNOW THAT WE NEED THE COMMUNITY TO HELP US REACH OUR GOALS. INITIUM CARES AIMS TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH THE USE OF HEALTH INFORMATICS, BEHAVIORAL H
Describe the Organization's Program Activity:
Part 3 - Line 4a
INITIUM CARES SERVES AS A FISCAL INTERMEDIARY FOR A CAMPAIGN TO REDUCE VACCINE HESITANCY
INITIUM CARES SERVES AS A FISCAL INTERMEDIARY FOR A CAMPAIGN TO REDUCE VACCINE HESITANCY
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $923,537 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $923,537 |
| 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 | $923,537 |
| 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 | $0 |
| 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 | $9,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $655,198 |
| Advertising and promotion | $0 |
| Office expenses | $2,522 |
| Information technology | $0 |
| 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 | $0 |
| Total functional expenses | $668,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,078 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $252,003 |
| 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 | $255,081 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $255,081 |
| 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 | $255,081 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Initium Cares has recieved totaling $46,879.
| Awarding Organization | Amount |
|---|---|
Civic Nation Washington, DC PURPOSE: Covid-19 vaccine outreach | $30,000 |
Environmentalism Through Inspiration & Non Violent Action Marina Del Rey, CA | | $16,879 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Njh-Sjh Inc Broomfield, CO | $0 | $54,840,420 |
Community Reach Center Inc Westminster, CO | $18,315,098 | $37,914,807 |
Hidalgo Medical Services Lordsburg, NM | $24,918,182 | $25,217,740 |
Health Current Phoenix, AZ | $23,747,319 | $33,338,747 |
Trailhead Institute Denver, CO | $6,610,100 | $14,567,385 |
Kvc Behavioral Healthcare Nebraska Inc Omaha, NE | $2,564,475 | $14,212,520 |
Community Health Connection Inc Tulsa, OK | $9,079,749 | $13,914,137 |
Chn Nebraska Omaha, NE | $7,755,122 | $8,559,146 |
North Colorado Health Alliance Evans, CO | $8,807,533 | $9,193,017 |
Technical Assistance Partnership Of Arizona Phoenix, AZ | $8,493,848 | $8,170,054 |
Catholic Health Initiatives Virtual Health Services Englewood, CO | $10,734,549 | $5,414,271 |
Eagle Valley Mental Health Vail, CO | $18,198,495 | $22,850,033 |