Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.96x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$518,547
Down $1,443,302 (-74%) from 2010
Net Assets
Down$18,547
Down $1,943,302 (-99%) from 2010
Liabilities
Up$500,000
Up $500,000 from 2010
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$724,928
Down $2,596,393 (-78%) from 2010
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Dec 1, 2011 to Nov 30, 2012
- Signed
- Apr 13, 2013
- Return Version
- 2011v1.5
- Gross Receipts
- $84,333
Mission and Program Overview
Major Activities
- Activity 2
- International medica has been working with the national institute of allergy and infectious diseases (niaid) national institutes of health (nih), and idt biologika gmbh, its vaccine manufacturer in germany, on a new, proprietary, liquid, heat-stable formulation of rotashield.a major constraint in achieving high immunization rates in less-developed countries is the requirement for a cold chain -- maintaining proper refrigeration of the vaccine product to ensure its effectiveness. This new rotashield liquid formulation has the potential to eliminate the need for a cold chain, which would significantly reduce the distribution and storage costs of the vaccine. All of the currently marketed rotavirus vaccines require refrigeration. Elimination of the need for the cold-chain for vaccines is also of great interest to the vaccine community worldwide, especially in the developing world.a typical liquid rotavirus suspension would generally lose its effectiveness after approximately one week of storage at 37 degrees celsius (98.6 degrees fahrenheit), whereas the new rotashield liquid formulation has shown stability for 6 months at this temperature even when an antacid is present. This same proprietary technology may be adaptable for use with other oral vaccines. The foundation has been actively seeking intellectual property protection of its advanced formulation.intl-medica expanded its patent protection of its new formulation and filed for extensive world-wide patent protection of its formulation. The foundation also began discussions with numerous groups who are interested in a license of this technology to ultimately utilize this technology in vaccine delivery.
- Activity 3
- The foundation has continued to engage in discussions with researchers at the national institute of health (nih) in bethesda, maryland, the infectious disease research institute (idri) in seattle, washington and the mayo clinic in rochester, minnesota, with regard to potential vaccines to be developed and other possible global disease issues to be addressed. The foundation is actively examining the possibilities of licensing and developing a vaccine for dengue.
Filing and Contact Details
Filer
- EIN
- 26-1556795
Raw XML AppendixShowing 400 of 420 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Activity2/Description | 0 | INTERNATIONAL MEDICA HAS BEEN WORKING WITH THE NATIONAL INSTITUTE OF ALLERGY AND INFECTIOUS DISEASES (NIAID) NATIONAL INSTITUTES OF HEALTH (NIH), AND IDT BIOLOGIKA GMBH, ITS VACCINE MANUFACTURER IN GERMANY, ON A NEW, PROPRIETARY, LIQUID, HEAT-STABLE FORMULATION OF ROTASHIELD.A MAJOR CONSTRAINT IN ACHIEVING HIGH IMMUNIZATION RATES IN LESS-DEVELOPED COUNTRIES IS THE REQUIREMENT FOR A COLD CHAIN -- MAINTAINING PROPER REFRIGERATION OF THE VACCINE PRODUCT TO ENSURE ITS EFFECTIVENESS. THIS NEW ROTASHIELD LIQUID FORMULATION HAS THE POTENTIAL TO ELIMINATE THE NEED FOR A COLD CHAIN, WHICH WOULD SIGNIFICANTLY REDUCE THE DISTRIBUTION AND STORAGE COSTS OF THE VACCINE. ALL OF THE CURRENTLY MARKETED ROTAVIRUS VACCINES REQUIRE REFRIGERATION. ELIMINATION OF THE NEED FOR THE COLD-CHAIN FOR VACCINES IS ALSO OF GREAT INTEREST TO THE VACCINE COMMUNITY WORLDWIDE, ESPECIALLY IN THE DEVELOPING WORLD.A TYPICAL LIQUID ROTAVIRUS SUSPENSION WOULD GENERALLY LOSE ITS EFFECTIVENESS AFTER APPROXIMATELY ONE WEEK OF STORAGE AT 37 DEGREES CELSIUS (98.6 DEGREES FAHRENHEIT), WHEREAS THE NEW ROTASHIELD LIQUID FORMULATION HAS SHOWN STABILITY FOR 6 MONTHS AT THIS TEMPERATURE EVEN WHEN AN ANTACID IS PRESENT. THIS SAME PROPRIETARY TECHNOLOGY MAY BE ADAPTABLE FOR USE WITH OTHER ORAL VACCINES. THE FOUNDATION HAS BEEN ACTIVELY SEEKING INTELLECTUAL PROPERTY PROTECTION OF ITS ADVANCED FORMULATION.INTL-MEDICA EXPANDED ITS PATENT PROTECTION OF ITS NEW FORMULATION AND FILED FOR EXTENSIVE WORLD-WIDE PATENT PROTECTION OF ITS FORMULATION. THE FOUNDATION ALSO BEGAN DISCUSSIONS WITH NUMEROUS GROUPS WHO ARE INTERESTED IN A LICENSE OF THIS TECHNOLOGY TO ULTIMATELY UTILIZE THIS TECHNOLOGY IN VACCINE DELIVERY. |
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| IRS990/Activity3/Description | 0 | THE FOUNDATION HAS CONTINUED TO ENGAGE IN DISCUSSIONS WITH RESEARCHERS AT THE NATIONAL INSTITUTE OF HEALTH (NIH) IN BETHESDA, MARYLAND, THE INFECTIOUS DISEASE RESEARCH INSTITUTE (IDRI) IN SEATTLE, WASHINGTON AND THE MAYO CLINIC IN ROCHESTER, MINNESOTA, WITH REGARD TO POTENTIAL VACCINES TO BE DEVELOPED AND OTHER POSSIBLE GLOBAL DISEASE ISSUES TO BE ADDRESSED. THE FOUNDATION IS ACTIVELY EXAMINING THE POSSIBILITIES OF LICENSING AND DEVELOPING A VACCINE FOR DENGUE. |
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| IRS990/ActivityOrMissionDescription | 0 | THE INTERNATIONAL MEDICA FOUNDATION IS COMMITTED TO THE DEVELOPMENT OF SAFE AND COST EFFECTIVE HEALTHCARE PRODUCTS FOR FAMILIES IN NEED IN NEGLECTED POPULATIONS AROUND THE WORLD. ALL ACTIVITIES OF THE FOUNDATION ARE IN THE FIELD OF MEDICAL RESEARCH RELATED TO THE DEVELOPMENT OF VACCINES AND RELATED PRODUCTS, SERVICES, THERAPEUTICS, DIAGNOSTICS AND DRUG DELIVERY METHODS FOR DISEASES AFFECTING THE WORLD POPULATION WITH PARTICULARLY CATASTROPHIC EFFECTS ON THE LIVES OF FAMILIES IN THE DEVELOPING WORLD. |
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| IRS990/Description | 0 | THE PRIMARY PURPOSE OF INTL-MEDICA IS THE DEVELOPMENT AND DELIVERY OF AN ORAL ROTAVIRUS VACCINE FOR THE PREVENTION OF ROTAVIRUS-RELATED MORBIDITY AND DEATHS IN THE DEVELOPING WORLD. GLOBALLY, INFECTIONS FROM ROTAVIRUS ACCOUNT FOR AN ESTIMATED 125 MILLION CASES OF DIARRHEA EACH YEAR, RESULTING IN THE DEATHS OF APPROXIMATELY 500,000 INFANTS ANNUALLY FROM A DISEASE THAT IS HIGHLY PREVENTABLE WITH AN ORAL VACCINE. WORLDWIDE, ROTAVIRUS INFECTS EVERY CHILD IN THE WORLD IN THEIR FIRST FEW YEARS OF LIFE AND SENDS 1 CHILD IN EVERY 5 TO 8 TO A CLINIC FOR TREATMENT, 1 IN EVERY 58 TO A HOSPITAL, AND 1 IN 250-300 DIE FROM DEHYDRATING DIARRHEA. ROTAVIRUS IS THE CAUSE OF 30% TO 40% OF THE HOSPITALIZATIONS FOR DIARRHEA IN CHILDREN LESS THAN FIVE YEARS OF AGE AND RESULTS IN OVER 1,600 DEATHS EACH DAY IN DEVELOPING COUNTRIES WHERE MEDICAL CARE IS LIMITED AND MALNUTRITION IS PREVALENT. ROTAVIRUS VACCINE ACTIVITIES. BRIEF HISTORY: THE ROTAVIRUS VACCINE, KNOWN AS ROTASHIELD, WAS INVENTED AND INITIALLY DEVELOPED BY THE NATIONAL INSTITUTES OF HEALTH OF THE UNITED STATES (NIH). FROM ITS INCEPTION IN DECEMBER 2007 AND CONTINUING CURRENTLY, INTERNATIONAL MEDICA PERSONNEL HAVE BEEN WORKING EXTENSIVELY ALONGSIDE THE NIH AND A VACCINE MANUFACTURER TO COMPLETE A FINALIZED VACCINE PRODUCT ULTIMATELY FOR USE IN THE NEGLECTED POPULATIONS OF THE WORLD. VACCINE MANUFACTURED FOR CLINICAL TRIALS WAS TESTED TO ENSURE IT MET ALL POTENCY STANDARDS AND ALL REGULATORY REQUIREMENTS PRIOR TO BEING RELEASED FOR USE. INTERNATIONAL MEDICA, WORKING WITH THE NIH, ACTIVELY PARTICIPATED IN THE ONGOING DEVELOPMENT OF THE MANUFACTURING PROCESS, ENSURING THAT ANY CHANGES TO THE MANUFACTURING PROCESS MET ALL REGULATORY REQUIREMENTS. PHASE II CLINICAL TRIAL: WORKING WITH A NUMBER OF GROUPS INTERNATIONALLY, THE FOUNDATION CONDUCTED A PHASE II CLINICAL TRIAL THE PURPOSE OF WHICH WAS TO ALLOW INTERNATIONAL MEDICA TO DETERMINE IF THE ROTASHIELD VACCINE, WHEN GIVEN IN THE NEONATAL DELIVERY REGIMEN, STIMULATES THE IMMUNE RESPONSE OF INFANTS TO PROVIDE AN ADEQUATE PROTECTION AGAINST THE ROTAVIRUS. GIVING THE VACCINE TO NEONATES WOULD ALLOW MORE CHILDREN TO RECEIVE THE VACCINE, AS CHILDREN IN DEVELOPING COUNTRIES ARE MOST LIKELY TO HAVE INTERACTION WITH HEALTH CARE PROVIDERS IN THE FIRST DAYS IMMEDIATELY AFTER BIRTH. STARTING IMMUNIZATIONS AT OR NEAR BIRTH WOULD ALSO PROTECT INFANTS EARLIER IN LIFE.IN EARLY 2ND QUARTER OF 2009, MANUFACTURE OF THE FINAL ROTASHIELD VACCINE WAS COMPLETED AND READY FOR THE CLINICAL TRIAL. THIS PHASE II CLINICAL TRIAL ULTIMATELY SCREENED APPROXIMATELY 1,051 CHILDREN FOR THE TRIAL WITH MULTI-ARM END-POINTS. A TOTAL OF 949 INFANTS COMPLETED THE STUDY AND PURSUANT TO THE TRIAL DESIGN WERE FOLLOWED FOR ONE-YEAR TO MONITOR FOR ANY SAFETY ISSUES. THE LAST INFANT FOLLOW-UP VISIT WAS COMPLETED IN EARLY DECEMBER 2010. AFTER A YEAR OF FOLLOWING THE INFANTS, THERE WAS THEN A DATA LOCK ON THE CLINICAL TRIAL INFORMATION IN JUNE OF 2011 FOLLOWED BY THE FINAL CLINICAL STUDY REPORT IN DECEMBER OF 2011. NEO-NATAL DOSING: A KEY ASPECT OF INTL-MEDICA DEVELOPMENT OF ROTASHIELD WAS THE CHANGE OF DOSING FOR ROTAVIRUS VACCINES TO A NEONATAL DOSING SCHEDULE, IE PROVIDING THE FIRST DOSE WITHIN THE FIRST 29 DAYS BIRTHED LIFE AND A SECOND DOSE BEFORE 60 DAYS OF AGE. THE VACCINE WAS ORIGINALLY DEVELOPED WHERE THE FIRST DOSE WOULD BE ADMINISTERED TO INFANTS AT 2 MONTHS OF AGE, IN A THREE DOSE REGIMEN. TO INCREASE THE EFFECTIVENESS OF THE VACCINE WITH FEWER DOSES, AND TO INCREASE THE LIKELIHOOD OF ACCESS OF CHILDREN TO HEALTH PROFESSIONALS IN THE DEVELOPING WORLD, INTERNATIONAL MEDICA DID EXTENSIVE REVIEW INTO THE PREVIOUS DATA AND ESTABLISHED A PROTOCOL TO DETERMINE THE EFFECTIVENESS OF ROTASHIELD WHEN GIVEN IN THIS TWO-DOSE, NEONATAL DELIVERY REGIME. NEONATAL DOSING HAS BECOME A PRACTICE OF GREAT INTEREST IN THE PEDIATRIC VACCINE FIELDS SINCE A SIGNIFICANT NUMBER OF INFANTS DIE FROM VACCINE PREVENTABLE DISEASES WITHIN THE FIRST FEW MONTHS OF LIFE; AND IN THE DEVELOPING WORLD, MOST INFANTS |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | EVERY BOARD MEMBER REVIEWS THE DRAFT 990 FORM. ALL QUESTIONS AND COMMENTS ARE DIRECTED TO THE APPROPRIATE PROFESSIONALS. WHEN THE BOARD IS SATISFIED THAT THE FORM 990 ACCURATELY REFLECTS THE ORGANIZATION'S ACTIVITES, IT IS FINALIZED AND FILED. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | EACH DIRECTOR, OFFICER, INDEPENDENT CONTRACTOR (WHICH IS SOLELY RESPONSIBLE FOR PERFORMING AN IMPORTANT OPERATING FUNCTION), OR OTHER SENIOR SUPERVISORY EMPLOYEE, AND ANY PARENTS, LINEAL DESCENDANTS, SIBLINGS AND SPOUSES OF ANY OF THE ABOVE WHO HAS SUCH A DIRECT CONFLICTING INTEREST OR OWNS ANY INTEREST (AS STOCK, A PARTNERSHIP INTEREST OF ANY KIND OR A BENEFICIAL INTEREST IN A TRUST) ("POTENTIALLY DISQUALIFIED PARTIES") WITH RESPECT TO ANY TRANSACTION WHICH HE OR SHE KNOWS IS UNDER CONSIDERATION BY THE BOARD OF DIRECTORS OF THE CORPORATION OR ANY OF ITS COMMITTEES, IS REQUIRED TO MAKE TIMELY DISCLOSURE THEREOF SO THAT IT MAY BE PART OF THE BOARD OF DIRECTORS' CONSIDERATION OF THE TRANSACTION AND THE PERSON HOLDING THE CONFLICTED INTEREST SHALL FURTHER REFRAIN FROM PARTICIPATING IN CONSIDERATION EXCEPT AS DIRECTED BY THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS. IT IS THE RESPONSIBILITY OF THE DIRECTOR, OFFICER, INDEPENDENT CONTRACTOR OR SENIOR SUPERVISORY EMPLOYEE THROUGH WHOM A RELATIVE OR FELLOW BUSINESS ASSOCIATE BECOMES A "POTENTIALLY DISQUALIFIED PARTY" TO SUPPLY A LIST OF PERSONS FALLING WITHIN THIS CATEGORY AT THE BEGINNING OF EACH YEAR ON A FORM PROVIDED BY COUNSEL. ANNUALLY THE BOARD ALSO SUBMITS A BOARD AND KEY EMPLOYEE QUESTIONNAIRE THAT REQUESTS INFORMATION CONCERNING CONFLICTS OF INTEREST AND POTENTIAL CONFLICTS OF INFORMATION. ANY ISSUES RAISED BY THESE QUESTIONNAIRES ARE REVIEWED AND DISCUSSED TO DETERMINE WHETHER ANY CONFLICT OF INTEREST EXISTS AND TO BRING TO RESOLUTION ANY SUCH CONFLICTS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE FOUNDATION FOLLOWS THE PROCESS OUTLINED IN INTERNAL REVENUE CODE SPECIFICALLY CODE SECTIONS 162 AND 4958 FOR NONPROFITS DESCRIBED IN SECTION 501(C)(3) OR SECTION 501(C)(4) TO ESTABLISH A COMPENSATION PACKAGE THAT IS REASONABLE UNDER THE GUIDELINES. INTERNATIONAL MEDICA ESTABLISHED A COMMITTEE ACTING ON BEHALF OF THE GOVERNING BODY TO APPROVE THE COMPENSATION ARRANGEMENT. MEMBERS OF THE COMMITTEE ARE NOT RELATED TO THOSE WHO WILL BE COMPENSATED, OR IN A POSITION TO OBTAIN FINANCIAL BENEFITS FOR THOSE WHO WILL BE COMPENSATED. THE COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPARABILITY DATA PRIOR TO APPROVING THE ARRANGEMENT. THE COMMITTEE THEN DOCUMENTED THE BASIS FOR ITS DETERMINATION CONCURRENTLY WITH MAKING THAT DETERMINATION. THE COMPENSATION ARRANGEMENTS WERE THEN DISCUSSED AND VOTED ON BY THE BOARD OF DIRECTORS OF INTERNATIONAL MEDICA. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE FOUNDATION'S FORM 1023 AND FORM 990'S ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE FOUNDATION'S ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/TotalNbrVolunteers | 0 | 11 |
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| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 18547 |
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| IRS990/TotalReportableCompFromOrg | 0 | 405000 |
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| IRS990/TotalRevenue/TotalRevenueColumn | 0 | -5414 |
| IRS990/TotalRevenue/UnrelatedBusinessRevenue | 0 | 0 |
| IRS990/TransactionRelatedEntity | 0 | 0 |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | 0 |
| IRS990/Travel/ManagementAndGeneral | 0 | 2051 |
| IRS990/Travel/ProgramServices | 0 | 19462 |
| IRS990/Travel/Total | 0 | 21513 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | 0 |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 748889 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 18547 |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | WWW.INTL-MEDICA.ORG |
| IRS990/WhistleblowerPolicy | 0 | 0 |
| IRS990/YearFormation | 0 | 2007 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $518,547
- Liabilities
- $500,000
- Net assets
- $18,547
- Revenue
- -
- Expenses
- $724,928
- Net income
- -