Medtech Color Logo

MIP Score

49

Health Care
Health Financing Services

Medtech Color

Mission

MedTech Color is dedicated to diversifying the medical device industry by building a strong, inclusive network of Black and Hispanic leaders. The organization fosters professional development, drives thought leadership, and strives to increase representation in clinical trials and medical device development.

Basic Information

Tax-Exempt

Address

3400 Cottage Way, Sacramento, California, 95825

View all Sacramento charities

Founded in

2018

EIN

83-0543603

Total Assets

$673.5 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Pitch365 Program

Pitch365 Program

A program aimed at supporting minority-founded startups from ideation to consumer market.

Annual Networking Breakfast

Annual Networking Breakfast

An event that connects industry professionals with diverse leaders in Medtech.

Collaborative Community Initiative

Collaborative Community Initiative

A hub for developing strategies to increase awareness of diversity in product development.

Impact Stats

In progress

Increased representation

Diversity in Clinical Trials

Implemented programs to increase the representation of Black and Hispanic individuals in clinical trials and medical device development.

Numerous participants annually

Supported startups

Support for Minority Entrepreneurs

Created the Pitch365 Program to aid minority-founded startups from ideation to market.

Hundreds of participants yearly

Event attendance

Annual Networking Events

Hosted annual networking events that connect industry professionals with ethnically diverse leaders.

Past Events

Annual Networking Breakfast

2024-09-23

The MedTech Color Annual Networking Breakfast brings together a diverse group of leaders to connect and share insights.

Annual Pitch Competition

2024-10-15

The 4th Annual Pitch Competition showcases innovative Medtech solutions by diverse entrepreneurs.

Our Programs

Pitch365 Program

Pitch365 Program

Provides year-round access to resources for minority-founded startups.

Learn More
Collaborative Community

Collaborative Community

Develops strategies and resources to foster inclusion in the medtech industry.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

49

38

/100

Program Expense Ratio

92.35%

20

/20

Program Revenue Growth

-100.00%

2

/20

Leverage Ratio

0

2

/20

Working Capital Ratio

1.433

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants651.2K100.00%
Program Services00.00%
Investment Income200.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue651.2K100.00%