Civic Intelligence

Healthcare Innovation Transfer

990EZ • Fiscal year 2017 • EIN 46-3009006

Jun 01, 2016 to May 31, 2017 • Filed on Aug 03, 2017

104A Montford AvenueMill Valley, CA 94941

(415) 259-8634

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-23%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$14,530

Down $31,423 (-68%) from 2016

Net Assets

Down

$14,530

Down $31,423 (-68%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$135,405

Down $40,503 (-23%) from 2016

Expenses

Up

$166,828

Up $1,995 (+1.2%) from 2016

Net Income

Down

-$31,423

Down $42,498 (-384%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2014: $68,195Liabilities 2014: $02014Assets 2015: $34,878Net Assets 2015: $34,8782015Assets 2016: $45,953Net Assets 2016: $45,9532016Assets 2017: $14,530Net Assets 2017: $14,5302017Assets 2018: $1,802Net Assets 2018: $1,8022018Assets 2019: $3,807Net Assets 2019: $3,8072019Assets 2020: $2,384Net Assets 2020: $2,3842020Assets 2021: $3,319Liabilities 2021: $02021Assets 2022: $10,336Net Assets 2022: $10,3362022Assets 2023: $1,521Net Assets 2023: $1,5212023Assets 2024: $1,156Net Assets 2024: $1,1562024

Highlighted filing

2017

Assets$14,530
Liabilities-
Net Assets$14,530

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2014: $135,246Expenses 2014: $67,051Net Income 2014: $68,1952014Revenue 2015: $119,688Expenses 2015: $153,005Net Income 2015: -$33,3172015Revenue 2016: $175,908Expenses 2016: $164,833Net Income 2016: $11,0752016Revenue 2017: $135,405Expenses 2017: $166,828Net Income 2017: -$31,4232017Revenue 2018: $149,524Expenses 2018: $162,252Net Income 2018: -$12,7282018Revenue 2019: $10,918Expenses 2019: $8,913Net Income 2019: $2,0052019Revenue 2020: $0Expenses 2020: $1,423Net Income 2020: -$1,4232020Revenue 2021: $22,202Expenses 2021: $21,267Net Income 2021: $9352021Revenue 2022: $50,074Expenses 2022: $43,057Net Income 2022: $7,0172022Revenue 2023: $14,518Expenses 2023: $23,333Net Income 2023: -$8,8152023Expenses 2024: $3652024

Highlighted filing

2017

Revenue$135,405
Expenses$166,828
Net Income-$31,423
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Aug 3, 2017
Return Version
2016v3.0
Gross Receipts
$135,405
Mission and Program Overview

Mission

Healthcare Innovation Transfer (HIT) has Dutch and North-American healthcare organizations, academic institutes and the Dutch government partners as members. What is the purpose of HIT? Global healthcare systems are under stress. Demand for services is growing at historic rates: unhealthy lifestyles continue to increase the risk and cost of disease, oncological diseases are shifting from deadly to more chronic, chronic conditions in general are more prevalent as peoples life expectancy increases across all demographics, and advances in medical technologies further defer mortality. The mission of Healthcare Innovation Transfer is to leverage the excellence of two global leaders to transform the process and to reduce the cost of healthcare and wellbeing. A synergy will form when the Dutch healthcare experience and integrated care approaches merge with the United States technological and operational innovation and entrepreneurship.

Program Services

DescriptionGrantsExpenses
Both the United States and the Netherlands share a challenging vision for their healthcare ecosystems of "best care at lower cost - control and/or reduce costs while improving the quality and accessibility of care. New approaches based on existing and emerging practices can be developed through collaboration as both countries have pieces of the solution. The Dutch healthcare system is one of the most efficient in the world with an integrated approach to health, while from the core of Silicon Valley, the United States is the leader in applied innovation and technology advancement. The public private partnership and collaboration of Healthcare Innovation Transfer will facilitate greater U.S.-Dutch collaboration among scientists, healthcare providers, established industries and start-ups.$164,628$135,405
New insights and transformational solutions for both United States and Dutch healthcare entities will be created through interaction, cooperation and partnerships with mutual experiments and projects spurring further innovation in both countries. Ultimately, this will result in an increased sharing of best practices as well as exporting services and products to the United States, and conversely, the importing of knowledge, best practices, and advanced technology from the United States to the Netherlands.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THIJS BOEKHOFFExecutive DirectorFT$0--
THIJS BOEKHOFFSecretary/Treasurer-$0--
JOHN GOLENSKIChairman-$0--
SCOTT KINGVice-Chairman-$0--
Filing and Contact Details

Filer

Filer Name
Healthcare Innovation Transfer
EIN
46-3009006
Phone
4152598634
Address
104A MONTFORD AVENUE, MILL VALLEY, CA 94941

Signing Officer

Name
Thijs Boekhoff
Title
President
Signed
2017-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Csmm Accountancy Corporation
Address
899 Northgate Dr Suite 307, San Rafael, CA 94903
Preparer
M Gregory Smith
Phone
4154991883
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $11215

Other Expenses.1006

Payments of Travel or Entertainment for Public Officials $7422

Other Expenses.1009

Depreciation $479

Other Expenses.1

AUTO EXPENSE $3900

Other Expenses.2

TELEPHONE $1020

Other Expenses.3

PARKING $970

Other Expenses.4

BUSINESS EXPENSES $962

Other Expenses.5

SUPPLIES $815

Other Expenses.6

MISC $712

Other Expenses.8

BANK CHARGES $293

Other Expenses.9

LICENSES & FEES $30

Other Assets.1004

Miscellaneous - Beginning $0 Miscellaneous - Ending $2652

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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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ReturnHeader/TaxYr02016

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