Civic Intelligence

Medtech Innovator

EIN 81-3132011 • 501(c)3 • Los Angeles, CA

Pub. 78 Eligible

Profile

Medtech innovator organizes and runs a global competition and virtual accelerator for medical device, digital health, and diagnostic startup companies.

907 Westwood Blvd 1067Los Angeles, CA 90024

medtechinnovator.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

2nd percentile

-170%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

91st percentile

44%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

12th percentile

-22%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$11,294,121

Down $3,462,096 (-23%) from 2023

Liabilities

Up

$350,681

Up $114,739 (+49%) from 2023

Net Assets

Down

$10,943,440

Down $3,576,835 (-25%) from 2023

Revenue

Down

$2,103,858

Down $11,212,718 (-84%) from 2023

Expenses

Up

$5,671,866

Up $1,727,612 (+44%) from 2023

Net Income

Down

-$3,568,008

Down $12,940,330 (-138%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2017: $2,416,864Liabilities 2017: $60,392Net Assets 2017: $2,356,4722017Assets 2018: $1,430,046Liabilities 2018: $185,716Net Assets 2018: $1,244,3302018Assets 2019: $2,303,469Liabilities 2019: $106,561Net Assets 2019: $2,196,9082019Assets 2020: $3,598,587Liabilities 2020: $190,642Net Assets 2020: $3,407,9452020Assets 2021: $5,886,574Liabilities 2021: $346,142Net Assets 2021: $5,540,4322021Assets 2022: $5,483,836Liabilities 2022: $335,883Net Assets 2022: $5,147,9532022Assets 2023: $14,756,217Liabilities 2023: $235,942Net Assets 2023: $14,520,2752023Assets 2024: $11,294,121Liabilities 2024: $350,681Net Assets 2024: $10,943,4402024

Highlighted filing

2024

Assets$11,294,121
Liabilities$350,681
Net Assets$10,943,440

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2017: $3,735,600Expenses 2017: $1,379,128Net Income 2017: $2,356,4722017Revenue 2018: $947,412Expenses 2018: $2,057,158Net Income 2018: -$1,109,7462018Revenue 2019: $3,072,789Expenses 2019: $2,120,211Net Income 2019: $952,5782019Revenue 2020: $3,417,724Expenses 2020: $2,206,687Net Income 2020: $1,211,0372020Revenue 2021: $4,844,645Expenses 2021: $2,373,425Net Income 2021: $2,471,2202021Revenue 2022: $3,463,152Expenses 2022: $3,537,911Net Income 2022: -$74,7592022Revenue 2023: $13,316,576Expenses 2023: $3,944,254Net Income 2023: $9,372,3222023Revenue 2024: $2,103,858Expenses 2024: $5,671,866Net Income 2024: -$3,568,0082024

Highlighted filing

2024

Revenue$2,103,858
Expenses$5,671,866
Net Income-$3,568,008

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 1, 2025
Return Version
2023v6.0
Gross Receipts
$2,107,883
Mission and Program Overview

Mission

Medtech innovator organizes and runs a global competition and virtual accelerator for medical device, digital health, and diagnostic startup companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$11,722,305$7,964,463▼ $3,757,842
Savings and Temporary Cash Investments-$2,287,404-
Other Notes and Loans Receivable, Net$440,728$534,052▲ $93,324
Cash and Non-Interest-Bearing Accounts$2,575,152$489,980▼ $2,085,172
Land, Buildings, and Equipment, Net$9,205$18,222▲ $9,017
Total Assets$14,747,390$11,294,121▼ $3,453,269
Liabilities
Other Liabilities$136,357$179,007▲ $42,650
Accounts Payable and Accrued Expenses$99,585$171,674▲ $72,089
Total Liabilities$235,942$350,681▲ $114,739
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,045,085$8,220,085▼ $3,825,000
Net Assets Without Donor Restrictions$2,466,363$2,723,355▲ $256,992
Total Net Assets Fund Balance$14,511,448$10,943,440▼ $3,568,008
Total Liabilities and Net Assets / Fund Balance$14,747,390$11,294,121▼ $3,453,269

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,222$7,536$25,758
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul GrandCEO & PresidentFT$772,578$57,742$830,320
Kathryn ZavalaCOOFT$364,375$24,304$388,679
Brian BensonSenior Vice PresidentFT$227,038$30,243$257,281
Ayelet MaromVP, ProgramsFT$163,390$28,228$191,618
Diane BouisDirectorFT$133,800$5,232$139,032
Daphne AghalarpourChief of StaffFT$109,000$11,609$120,609
Jerry CiolinoDirector of OperationsFT$101,144$7,940$109,084

Board Members and Trustees

NameTitle
Biren MehtaDirector
Christopher MartinDirector
Karen JohnsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,052,545
Program Service Revenue
$0
Investment Income
$51,313
Other Revenue
$0
All Other Contributions
$2,052,545
Change in Net Assets
$-3,568,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,299,574
Grants and Similar Amounts Paid$1,224,000
Other Expenses$1,148,292
Total Fundraising Expense$214,323
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$1,426,172$205,071$122,305$1,753,548
Other Salaries and Wages$1,028,536$88,436$33,015$1,149,987
Grants to Domestic Orgs$901,600--$901,600
Foreign Grants$322,400--$322,400
Fees for Services Other$163,037$19,424$10,136$192,597
Other Employee Benefits$160,172$19,253$8,460$187,885
Payroll Taxes$136,666$16,282$8,497$161,445
Travel$115,117$13,715$7,157$135,989
Office Expenses$114,285$13,616$7,105$135,006
Advertising$70,270$27,484$14,342$112,096
Pension Plan Contributions$41,603$3,730$1,376$46,709
Fees for Services Accounting-$25,554-$25,554
Insurance$17,637$2,101$1,096$20,834
Depreciation Depletion$5,064$603$315$5,982
Other Expenses$4,583$546$285$5,414
Fees for Services Legal-$5,160-$5,160
Occupancy$3,769$449$234$4,452
Total Functional Expenses$5,016,119$441,424$214,323$5,671,866
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
StrokedxPasadena, CA-Mti 2023 Early Stage Grand Prize Award$350,000
MicrotransponderAustin, TX-Mti 2023 Mid-stage Grand Prize Award$200,000
ImmersivetouchChicago, IL-Mti 2023 Awards - Best Video & Mid-stage Finalist$35,000
Alyve Medical IncDenver, CO-Mti 2023 Mid-stage Finalist Award$25,000
Cardiex USA (atcor Medical)Naperville, IL-Mti 2023 Mid-stage Finalist Award$25,000
Ifpx MedicalIrvine, CA-Mti 2023 Early Stage Finalist Award$25,000
Intermed Labs LLCMorgantown, WV-Mti 2023 Early Stage Finalist Award$25,000
Neurava IncWest Lafayette, IN-Mti 2023 Early Stage Finalist Award$25,000
Andson Biotech IncAtlanta, GA-Bti 2023 Finalist Award$10,000
Aopia Biosciences IncPleasanton, CA-Bti 2023 Finalist Award$10,000
Reelreactor IncStar, ID-Bti 2023 Best Video Award$10,000
Sparta Biomedical IncMadison, NJ-Mti 2023 Execution Award$10,000
NeurobionicsSomerville, MA-Mti 2024 Vision Award Winner$8,500

International Summary

Offices
0
Employees
0
Spending
$365,400

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantsPrize Money for Medical Innovation00$312,400
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesMeetings and Events00$40,000
Middle EastGrantsPrize Money for Medical Innovation00$10,000
East Asia and the PacificProgram ServicesMeetings and Events00$3,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alissa NialSister of CEO Paul GrandDURING THE YEAR ENDED JUNE 30, 2024, MTI OBTAINED RECRUITING AND HUMAN RESOURCE SERVICES FROM A CORPORATION OWNED BY A SIBLING OF MTI'S CHIEF EXECUTIVE OFFICER.No$21,335
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$179,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors reviews the form 990 prior to filing the return.

Form 990, Part VI, Section B, Line 12C

Board members are required annually to review and sign a conflict of interest disclosure statement. The organization's conflict of interest policy requires that a trustee shall excuse himself or herself from any vote upon which such trustee, or any member of his or her immediate family, has a material financial interest. Prior to each vote on organization matters, trustees are asked to abstain as appropriate based on the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The organization has a compensation committee for which the executive director's compensation is researched and agreed upon and approved.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Medtech Innovator
EIN
81-3132011
Phone
7074666887
Address
907 WESTWOOD BLVD 1067, LOS ANGELES, CA 90024

Signing Officer

Name
Paul Grand
Title
CEO/president
Phone
7074666887
Signed
2025-10-01

Organization Details

Principal Officer
Paul Grand
Formed
2016
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
26
Volunteers
500

Preparer

Firm
Quigley & Miron
Address
3580 WILSHIRE BLVD 1755, LOS ANGELES, CA 90010
Preparer
Armen Grigorian
Phone
2136393550
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's audit committee has responsibility for the oversight of the audit of its financial statements and selection of the independent auditor, subject to the approval of the board of trustees. This responsibility is unchanged from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered "more likely than not" to be upheld under a tax authority examination. Management has evaluated its tax positions and has concluded that a provision for a tax liability is not necessary at june 30, 2024. Generally, the organization's information returns remain open for examination three (federal) or four (state of california) years from the date of filing.

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IRS990/ActivityOrMissionDesc0MEDTECH INNOVATOR ORGANIZES AND RUNS A GLOBAL COMPETITION AND VIRTUAL ACCELERATOR FOR MEDICAL DEVICE, DIGITAL HEALTH, AND DIAGNOSTIC STARTUP COMPANIES.
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IRS990/Desc0MEDTECH INNOVATOR ("MTI") IS THE LARGEST HEALTH CARE ACCELERATOR IN THE WORLD. ITS MISSION IS TO IMPROVE THE LIVES OF PATIENTS BY ACCELERATING THE GROWTH OF COMPANIES THAT ARE TRANSFORMING THE HEALTH CARE SYSTEM. WHILE MANY ENTITIES EXIST THAT PROVIDE EARLY-STAGE SUPPORT FOR HEALTH CARE INNOVATION, THESE ORGANIZATIONS COMMONLY ARE REGIONALLY BASED AND LIMITED BY THE FINANCIAL RESOURCES AND EXPERTISE OF THEIR LOCAL ECOSYSTEMS. AS A RESULT, PROMISING MEDICAL INNOVATIONS RECEIVE EARLY SUPPORT BUT ULTIMATELY FAIL TO REACH PATIENTS. MTI HAS BEEN PURPOSE-BUILT TO IDENTIFY THE MOST VIABLE STARTUPS AND IMMERSE THEM IN THE BEST VIRTUAL MEDTECH ECOSYSTEM IN THE WORLD, NO MATTER WHERE THEY ARE BASED. MTI PROVIDES A RESOURCE-RICH ENVIRONMENT TO ASSIST STARTUPS IN HONING THEIR BUSINESS MODELS, DEVELOPING THEIR VALUE PROPOSITIONS, AND SECURING THEIR NEXT ROUND OF FUNDING, AMONG OTHER CHALLENGES FACED BY COMPANIES ATTEMPTING TO COMMERCIALIZE INNOVATIVE HEALTH TECHNOLOGY FOR THE BENEFIT OF PATIENTS AROUND THE WORLD. MTI'S FLAGSHIP PROGRAM SUPPORTS MEDICAL DEVICE, DIGITAL HEALTH, AND DIAGNOSTIC STARTUPS AND SCALE-UPS. IN 2021, MTI LAUNCHED BIOTOOLS INNOVATOR, A NEWER INITIATIVE THAT LEVERAGES ITS SUCCESSFUL MODEL TO SUPPORT INNOVATORS IN THE LIFE SCIENCE TOOLS AND DIAGNOSTICS SPACES. 1. MTI UNDERTAKES TWO PRIMARY ACTIVITIES: SECTOR/REGIONAL-BASED COMPETITIONS FOR INNOVATIVE STARTUPS AND A FOUR-MONTH MENTORSHIP-DRIVEN ACCELERATOR FOR THE LEADING APPLICANTS. EACH YEAR, MTI GIVES OUT A COMBINATION OF CASH PRIZES AND IN-KIND AWARDS THROUGH ITS VARIOUS COMPETITIONS, WHICH INCLUDE SEVERAL ROUNDS DURING WHICH THOUSANDS APPLY AND HUNDREDS OF COMPANIES GAIN INCREASING AMOUNTS OF EXPOSURE TO INDUSTRY LEADERS THROUGH ONLINE APPLICATION REVIEWS, IN-PERSON AND VIRTUAL PITCH EVENTS, AND AUDIENCE-DRIVEN, PUBLIC COMPETITIONS IN PARTNERSHIP WITH LEADING INDUSTRY CONFERENCES. AS THE COMPETITION PROGRESSES, COMPANIES ARE ACCEPTED INTO THE ANNUAL COHORT. THESE STARTUPS GAIN CRITICAL INDUSTRY-WIDE VISIBILITY AND ACCESS TO LEADING INVESTORS, MANUFACTURERS, PROVIDERS, AND CUSTOMERS. AMONG MANY BENEFITS, THEY RECEIVE EXCLUSIVE NETWORKING OPPORTUNITIES, INTERACTIVE WORKSHOPS, AND COACHING. THE COMPANIES ALSO HAVE MULTIPLE OCCASIONS TO SHOWCASE THEIR PRODUCTS AND GAIN EXPERIENCE PITCHING TO AUDIENCES OF INDUSTRY STAKEHOLDERS AND DECISION-MAKERS. A SUBSET OF EARLIER-STAGE COMPANIES TAKE PART IN A CUSTOMIZED MENTORSHIP PROGRAM WHERE THEY ARE PAIRED WITH SENIOR LEADERS IN THE MEDICAL TECHNOLOGY (MEDTECH) OR LIFE SCIENCES INDUSTRIES. ALL COHORT COMPANIES HAVE THE OPPORTUNITY TO COMPETE FOR NON- DILUTIVE CASH PRIZES AND IN-KIND AWARDS.2. MTI HAS ATTRACTED TOP TALENT TO OVERSEE THE COMPETITION AND ACCELERATOR PROGRAMS, INCLUDING STAFF MEMBERS WITH ADVANCED DEGREES AND DOCTORATES IN FIELDS OF STUDY RELEVANT TO THE STARTUP COMPANIES THEY ASSIST. MTI STAFFERS HAVE A BROAD KNOWLEDGE AND UNDERSTANDING OF THE MEDICAL TECHNOLOGY AND LIFE SCIENCES INDUSTRIES, INCLUDING THE REGULATORY AND REIMBURSEMENT REQUIREMENTS, THE INVESTMENT ENVIRONMENT, AND THE CLINICAL AND SCIENTIFIC NEEDS FOR RESEARCH AND DEVELOPMENT. MTI ALSO DEVELOPS RELATIONSHIPS WITH HUNDREDS OF INDUSTRY EXECUTIVES, HEALTH CARE PROVIDERS, INVESTORS AND KEY OPINION LEADERS, FOR THE BENEFIT OF COMPANIES PARTICIPATING IN ITS COMPETITION AND ACCELERATOR. MTI BRINGS THESE EXPERTS TOGETHER TO SERVE AS APPLICATION REVIEWERS AND JUDGES AT REGIONAL PITCH EVENTS AND COMPETITIONS, AND THEY OFFER FEEDBACK, GUIDANCE AND MENTORSHIP TO COMPANIES THAT PROGRESS THROUGH THE PROGRAM. THESE EXPERTS VOLUNTEER THEIR TIME TO SUPPORT MTI IN ITS MISSION TO IMPROVE THE LIVES OF PATIENTS.3. THE EVENTS OF THE COMPETITION ARE CONDUCTED THROUGHOUT THE YEAR, WITH APPLICATIONS OPENING IN THE FALL SEASON OF THE PRECEDING YEAR. THE ACCELERATOR PROGRAMS TYPICALLY RUN FROM JUNE THROUGH OCTOBER.4. THE EVENTS OF THE COMPETITION AND ACCELERATOR TAKE PLACE VIRTUALLY AND IN CITIES AROUND THE UNITED STATES, SUCH AS SAN FRANCISCO, LOS ANGELES, SAN DIEGO, BOSTON,
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7133800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8109000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9101144
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4COO
IRS990/Form990PartVIISectionAGrp/TitleTxt5SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP, PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt01224000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0901600
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0901600
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04025
IRS990/GrossReceiptsAmt02107883
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt01096
IRS990/InsuranceGrp/ManagementAndGeneralAmt02101
IRS990/InsuranceGrp/ProgramServicesAmt017637
IRS990/InsuranceGrp/TotalAmt020834
IRS990/InvestmentIncomeGrp/ExclusionAmt051313
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051313
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07536
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09205
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018222
IRS990/LandBldgEquipCostOrOtherBssAmt025758
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04025
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MEDTECH INNOVATOR ORGANIZES AND RUNS A GLOBAL COMPETITION AND VIRTUAL ACCELERATOR FOR MEDICAL DEVICE, DIGITAL HEALTH, AND DIAGNOSTIC STARTUP COMPANIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt014511448
IRS990/NetAssetsOrFundBalancesEOYAmt010943440
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02466363
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02723355
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0234
IRS990/OccupancyGrp/ManagementAndGeneralAmt0449
IRS990/OccupancyGrp/ProgramServicesAmt03769
IRS990/OccupancyGrp/TotalAmt04452
IRS990/OfficeExpensesGrp/FundraisingAmt07105
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013616
IRS990/OfficeExpensesGrp/ProgramServicesAmt0114285
IRS990/OfficeExpensesGrp/TotalAmt0135006
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08460
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019253
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0160172
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0187885
IRS990/OtherExpensesGrp/Desc0EVENTS VENUES AND PRODU
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt0285
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0546
IRS990/OtherExpensesGrp/ProgramServicesAmt0505208
IRS990/OtherExpensesGrp/ProgramServicesAmt14583
IRS990/OtherExpensesGrp/TotalAmt0505208
IRS990/OtherExpensesGrp/TotalAmt15414
IRS990/OtherLiabilitiesGrp/BOYAmt0136357
IRS990/OtherLiabilitiesGrp/EOYAmt0179007
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt033015
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt088436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01028536
IRS990/OtherSalariesAndWagesGrp/TotalAmt01149987
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0440728
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0534052
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08497
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016282
IRS990/PayrollTaxesGrp/ProgramServicesAmt0136666
IRS990/PayrollTaxesGrp/TotalAmt0161445
IRS990/PensionPlanContributionsGrp/FundraisingAmt01376
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03730
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt041603
IRS990/PensionPlanContributionsGrp/TotalAmt046709
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL GRAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013316576
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0826500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0858226
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt09363495
IRS990/PYSalariesCompEmpBnftPaidAmt02268355
IRS990/PYTotalExpensesAmt03953081
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013316576
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3568008
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02287404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02052544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt013316576
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03463152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04582114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03417724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026832110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt051313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02610
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt055012
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40240
IRS990ScheduleA/PublicSupportPY170Pct00.39100
IRS990ScheduleA/PublicSupportTotal170Amt010820535
IRS990ScheduleA/SubstantialContributorsTotAmt016011575
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02052544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt013316576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03463152
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04582114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03417724
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026832110
IRS990ScheduleA/TotalSupportAmt026887122
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt018222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07536
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025758
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0179007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT JUNE 30, 2024. GENERALLY, THE ORGANIZATION'S INFORMATION RETURNS REMAIN OPEN FOR EXAMINATION THREE (FEDERAL) OR FOUR (STATE OF CALIFORNIA) YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018222
IRS990ScheduleD/TotalLiabilityAmt0179007
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt30
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0312400
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt110000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt240000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt33000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1MIDDLE EAST
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2MEETINGS AND EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3MEETINGS AND EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt05400
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt110000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt2250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt325000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt425000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0BANK WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1BANK WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2BANK WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3BANK WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4BANK WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt30
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt40
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4PRIZE MONEY FOR MEDICAL INNOVATION
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1MIDDLE EAST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0365400
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ACCRUAL BASED METHOD ACCOUNTING WAS USED TO ACCOUNT FOR EXPENDITURES ;LISTTOTAL 43000
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0365400
IRS990ScheduleF/TransferToForeignCorpInd00

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