Vayu Global Health Foundation Inc
- Assets
- $16.3k
- Revenue
- $444.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Medford, MA
- Founding
- Data as of
- 12/2021
- EIN
- 84-2754616
Organization Overview
Vayu Global Health Foundation Inc is located in Medford, MA. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Vayu Global Health Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vayu Global Health Foundation Inc 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, Vayu Global Health Foundation Inc generated $444.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $466.3k during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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 IMPROVE HEALTH IN UNDER-RESOURCED POPULATIONS BY DEVELOPING LOW COST TECHNOLOGIES; GENERATE KNOWLEDGE TO TRIGGER INNOVATION AIMED AT IMPROVING HEALTH CARE AND TRAIN FUTURE LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VAYU GLOBAL HEALTH FOUNDATION SUPPLIES THE NEWBORN AND INFANT RESPIRATORY BUNDLE (NIRB) AN ULTRA-LOW COST MEDICAL KIT, TO LOCAL MEDICAL PERSONNEL TO HELP INFANTS RECOVER FROM RESPIRATORY DISTRESS. THE VAYU BUBBLE CPAP IS ONE OF THE MOST EFFECTIVE AND AFFORDABLE MEANS TO HELPING SAVE NEWBORNS FROM PREVENTABLE RESPIRATORY DISTRESS DEATHS. IT HAS BEEN GRANTED FDA EMERGENCY USE AUTHORIZATION TO ASSIST IN THE FIGHT AGAINST COVID-19. THIS BUNDLE IS A SPECIALLY DESIGNED HEALTHCARE KIT, PUT TOGETHER BY A TEAM OF HARVARD DOCTORS, ENGINEERS, AND GLOBAL HEALTH ENTREPRENEURS. THE KIT INCLUDES BREATHING EQUIPMENT AND APPARATUS, CHECKLISTS, TRAINING MANUALS, AND WALL CHARTS TO PROVIDE SAFE AND EFFECTIVE MEDICAL CARE FOR THESE CHILDREN.
THE NUMBER ONE CAUSE OF PREGNANCY RELATED DEATHS WORLDWIDE IS POSTPARTUM HEMORRHAGE (PPH), LIFE THREATENING BLEEDING AFTER CHILDBIRTH. TO SOLVE THIS CRISIS, VAYU SUPPORTS THE PROGRAM EVERY SECOND MATTERS FOR MOTHERS AND BABIES - UTERINE BALLOON TAMPONADE (ESM-UBT). ESM-UBT IS AN ULTRA-LOW-COST, EASY TO USE, SAFE, AND HIGHLY COST EFFECTIVE PACKAGE THAT PROVIDES TRAINING FOR MEDICAL PERSONNEL IN PARTNERING COUNTRIES AND AN FDA APPROVED UTERINE BALLOON DEVICE THAT CAN BE USED TO AVERT PPH. ESM-UBT WAS DESIGNED AS AN AFFORDABLE ALTERNATIVE TO WESTERN UTERINE BALLOONS SUCH AS THE BAKRI BALLOON, WHICH ARE FAR TOO EXPENSIVE TO BE DISTRIBUTED WIDELY IN DEVELOPING REGIONS.
N/A
CONTRACTORS CONDUCT RESEARCH AND PUBLISH, PARTICULARLY IN THE FIELDS OF OXYGEN DELIVERY SYSTEMS AND THE COVID RESPONSE IN UNDER-RESOURCED AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hena K Wadhwa Employee | 50 | $103,200 | |
Thomas F Burke MD President | OfficerTrustee | 15 | $0 |
Sara Jean Murdoch Treasurer | OfficerTrustee | 5 | $0 |
Victoria Joshi Director | Trustee | 1 | $0 |
Kristen Joshi Director | Trustee | 5 | $0 |
Jamie Higgins 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 | $444,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,279 |
| 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 | $444,279 |
| 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. | $103,200 |
| Compensation of current officers, directors, key employees. | $5,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,920 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $651 |
| Payroll taxes | $11,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,557 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,013 |
| Advertising and promotion | $12,086 |
| Office expenses | $6,770 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,375 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $507 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $466,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,338 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $16,338 |
| 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 | $16,338 |
| 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 | $16,338 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Vayu Global Health Foundation Inc has recieved totaling $47,000.
| Awarding Organization | Amount |
|---|---|
Bainbridge Foundation Paradise Valley, AZ PURPOSE: GENERAL FUND | $15,000 |
Project High Hopes Escondido, CA PURPOSE: HEALTH | $12,000 |
Dhuanne S And Douglas T Tansill Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Ute City Charitable Trust Encinitas, CA PURPOSE: GENERAL DONATION | $10,000 |
Peer Organizations
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|---|---|---|
Finger Lakes Performing Provider System Inc Rochester, NY | $41,997,931 | $67,997,644 |
Holyoke Health Center Inc Holyoke, MA | $37,042,548 | $55,169,928 |
Depaul Adult Care Communties Inc Rochester, NY | $12,844,666 | $48,377,747 |
Federation Of Organizations For The New York State Mentally Disabled West Babylon, NY | $34,800,632 | $51,638,775 |
Long Island Jewish Medical Center At Home Pharmacy Inc Westbury, NY | $5,530,043 | $43,997,615 |
Western New York Independent Living Inc Buffalo, NY | $29,215,885 | $46,881,599 |
Mcauley-Seton Home Care Inc Buffalo, NY | $77,262,995 | $46,063,677 |
Community Catalyst Inc Boston, MA | $56,345,662 | $63,488,267 |
Best Choice Home Health Care Inc Flushing, NY | $12,215,789 | $31,841,732 |
Promedica Indemnity Insurance Corporation Burlington, VT | $137,586,435 | $28,459,378 |
1199seiu Labor Management Initiatives Inc New York, NY | $9,531,850 | $18,632,453 |
Northwest Community Health Care Pascoag, RI | $20,226,768 | $25,758,175 |