Mission
Advancium Health Network is a public charity that combines for-profit expertise with nonprofit ideals to confront healthcare's most critical gaps, especially for underserved populations. Through collaboration with a diverse body of industry partners and experts, the organization aims to catalyze impactful innovations in areas such as children's health, MedTech, and precision medicine.
Basic Information
Tax-Exempt
Founded in
2021
EIN
87-2622250
Total Assets
$417.6 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Advancium Health Network Launches
A new independent charitable healthcare organization has been launched to focus on advancing innovation for rare diseases and underserved healthcare needs.
CobiCure Launches Fellowship Program
CobiCure has initiated a fellowship program aimed at bridging gaps in pediatric MedTech innovation.
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Advancium Selected as Member of ARPA-H
Advancium Health Network has been chosen as a member of the ARPA-H Investor Catalyst Hub Spoke Network.
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
26
/100
Program Expense Ratio
64.36%
6
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.2096
14
/20
Working Capital Ratio
0.1069
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 3.43M | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 74 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 3.43M | 100.00% |
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