Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
990 • Fiscal year 2020 • EIN 83-2623146
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Assets
Down$136,226
Down $385,279 (-74%) from 2019
Net Assets
Down-$167,650
Down $51,308 (-44%) from 2019
Liabilities
Down$303,876
Down $333,971 (-52%) from 2019
Revenue
Up$614,100
Up $85,400 (+16%) from 2019
Expenses
Up$665,408
Up $20,366 (+3.2%) from 2019
Net Income
Up-$51,308
Up $65,034 (+56%) from 2019
The aaih is an international 501(c)4 not-for-profit multi-stakeholder advocacy organization, launched in 2019 to promote scientific, legislative, and regulatory initiatives necessary for the development, accessibility, and implementation of artificial intelligence (ai) powered healthcare solutions. Our mission is to enable the advancement and responsible use of ai in healthcare to improve patients lives by focusing on resolution of the sectors most pressing and significant issues for patients and developers. It advances these goals by working collectively to identify and address industry wide concerns, one of which is the intersection of ai and intellectual property.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $8,805 | $98,526 | ▲ $89,721 |
| Accounts Receivable | $512,700 | $37,700 | ▼ $475,000 |
| Loans From Officers Directors | $10,000 | $10,000 | → $0 |
| Total Assets | $521,505 | $136,226 | ▼ $385,279 |
| Liabilities | |||
| Deferred Revenue | $400,000 | - | - |
| Accounts Payable and Accrued Expenses | $227,847 | $293,876 | ▲ $66,029 |
| Total Liabilities | $637,847 | $303,876 | ▼ $333,971 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-116,342 | $-167,650 | ▼ $51,308 |
| Total Net Assets Fund Balance | $-116,342 | $-167,650 | ▼ $51,308 |
| Total Liabilities and Net Assets / Fund Balance | $521,505 | $136,226 | ▼ $385,279 |
| Name | Title |
|---|---|
| Brandon Allgood | Chair |
| Alex Zhavoronkov | Director |
| Ben Newton | Director |
| Blanca Biaz | Director |
| Bruce Bloom | Director |
| Eric Verdin | Director |
| Gini Deshpande | Director |
| James Zanewicz | Director |
| Kimi Gorman | Director |
| Maria-luisa Pineda | Director |
| Mark Weston | Director |
| Oscar Rodrigiuez | Director |
| Patrick Combes | Director |
| Pierre-alexandre Fournier | Director |
| Radha Patel | Director |
| Rafael Rosengarten | Director |
| Rene Vidal | Director |
| Renee Deehan-kenney | Director |
| Ron Alfa | Director |
| Sean Khozin | Director |
| Sumit Sanyal | Director |
| Tim Considine | Director |
| Vangelis Vergetis | Director |
| Steven Wolfe | Executive Di |
| Naheed Kurji | Secretary |
| Angeli Moeller | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Adjuvant Partners LLC | Management | 1340 SMITH AVE STE 200, Baltimore, MD 21209 | $255,750 |
| Line Item | Amount |
|---|---|
| Other Expenses | $665,408 |
| Total Fundraising Expense | $237,236 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $145,050 | $93,825 | $102,375 | $341,250 |
| Fees for Services Other | $99,345 | $18,489 | $14,592 | $132,426 |
| Fees for Services Legal | - | $27,090 | - | $27,090 |
| Information Technology | $3,761 | $3,875 | $3,761 | $11,397 |
| Conferences and Meetings | $4,250 | $2,750 | $3,000 | $10,000 |
| Travel | $3,169 | $1,268 | $1,901 | $6,338 |
| Occupancy | $2,026 | $2,088 | $2,026 | $6,140 |
| Fees for Services Accounting | - | $4,075 | - | $4,075 |
| Fees for Services Lobbying | $2,000 | - | - | $2,000 |
| Other Expenses | $4,155 | $10 | $109,000 | $10 |
| Office Expenses | $581 | $-1,480 | $581 | $-318 |
| Total Functional Expenses | $276,182 | $151,990 | $237,236 | $665,408 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $10,000 | $10,000 | → $0 |
“Management delegated to adjuvant partners llc.”
“The corporation shall havetwo classesofvotingmembers,which shall be referred to as founding members and general members,(together voting members) and one class of non-voting members, which shall be referred to as advisory members. Advisory members shall not be considered members of the corporation for the purposes of those rights afforded corporate members by the district of columbia nonprofit corporation act of 2010, as amended.”
“A copy of the 990 is provided to each board member prior to filing.”
“Code of conduct in place that is signed and agreed to by all incoming members.”
“Governing documents are made available to the public upon request.”
“The aaih is an international 501(c)4 not-for-profit multi-stakeholder advocacy organization, launched in 2019 to promote scientific, legislative, and regulatory initiatives necessary for the development, accessibility, and implementation of artificial intelligence (ai) powered healthcare solutions. Our mission is to enable the advancement and responsible use of ai in healthcare to improve patients lives by focusing on resolution of the sectors most pressing and significant issues for patients and developers. It advances these goals by working collectively to identify and address industry wide concerns, one of which is the intersection of ai and intellectual property.”
“Federal engagement & regulatory affairs committee (ferac) the ferac is focused on engagement with regional and international governing and regulatory bodies, such as cms, ema, health canada, fda etc. In addition, the ferac is responsible for developing a cohesive strategy for aaih legislative and policy advocacy. 2020 accomplishments: a.submitted comments on drug development tools draft guidance, feb 2020 b.developed and submitted comments and response to public consultation on european commission ai whitepaper & digital strategy (june 2020) c.connected with ai/ml leadership at fda on plans and priorities going into 2021 d.coordinated and co-hosted ai leadership summit and ai + rwe webinar”
“Enable the advancement and responsible use of ai in healthcare to improve patients' lives by focusing on resolution of the sector's most pressing and significant issues for patients and developers. It advances these goals by working collectively to identify and address industry wide concerns, one of which is the intersection of ai and intellectual property. 2020 accomplishments: a. Launched projects focused on collaborations around rare disease data access; launched partnership with rare-x disease advocacy organization b. Developed framework for ai/ml sector performance metric”
“Outside services 99,345 18,489 14,592”
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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|---|---|---|
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 37700 |
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| IRS990/ActivityOrMissionDesc | 0 | THE AAIH IS AN INTERNATIONAL 501(C)4 NOT-FOR-PROFIT MULTI-STAKEHOLDER ADVOCACY ORGANIZATION, LAUNCHED IN 2019 TO PROMOTE SCIENTIFIC, LEGISLATIVE, AND REGULATORY INITIATIVES NECESSARY FOR THE DEVELOPMENT, ACCESSIBILITY, AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE (AI) POWERED HEALTHCARE SOLUTIONS. OUR MISSION IS TO ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY. |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 25 | 0.23 |
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| IRS990/MissionDesc | 0 | THE AAIH IS AN INTERNATIONAL 501(C)4 NOT-FOR-PROFIT MULTI-STAKEHOLDER ADVOCACY ORGANIZATION, LAUNCHED IN 2019 TO PROMOTE SCIENTIFIC, LEGISLATIVE, AND REGULATORY INITIATIVES NECESSARY FOR THE DEVELOPMENT, ACCESSIBILITY, AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE (AI) POWERED HEALTHCARE SOLUTIONS. OUR MISSION IS TO ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | COMMUNICATIONS (COMMS): COMMS IS FOCUSED ON DEVELOPING A COMMUNICATIONS AND OUTREACH STRATEGY FOR THE AAIH, AND WILL WORK ON RESOURCES POSITIONING AI AS A RESOURCE FOR OUR MEMBERSHIP. 2020 ACCOMPLISHMENTS: A. DRAFTED A RELEASED REGULAR NEWSLETTER B. COORDINATED SOCIAL MEDIA OUTREACH AND SUPPORT OF MEMBERS C. AMPLIFIED INDUSTRY NEWS AND AAIH MEMBER SUCCESSES D. HOSTED EDUCATIONAL EVENTS |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TECHNOLOGY AND STANDARDS DEVELOPMENT COMMITTEE (TSDC): THE TSD GROUP FOCUSED ON INITIATIVES DEDICATED TO FOSTERING THE DEVELOPMENT OF SPECIFIC TECHNOLOGY SECTORS THROUGH CONSIDERATION OF KEY QUESTIONS AROUND DATA STANDARDS AND DATA INTEGRITY FOR AI POWERED HEALTHCARE SOLUTIONS. 2020 ACCOMPLISHMENTS: A.CONVENED AND GENERATED FIRST DRAFT OF AI PRODUCTS LIFECYCLE WHITEPAPER B.HOSTED AND LED "MANAGING AI STARTUPS IN THE CLOUD" WEBINAR/WORKSHOP C.ENGAGED WITH STANDARDS DEVELOPMENT ORGANIZATIONS (USP, SCB, ISO ETC.) THROUGH PUBLIC CONSORTIA AND PRIVATE DISCUSSIONS D.SUPPORTED AI LEADERSHIP SUMMIT WEBINAR MATERIALS PREP |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE AAIH IS AN INTERNATIONAL 501(C)4 NOT-FOR-PROFIT MULTI-STAKEHOLDER ADVOCACY ORGANIZATION, LAUNCHED IN 2019 TO PROMOTE SCIENTIFIC, LEGISLATIVE, AND REGULATORY INITIATIVES NECESSARY FOR THE DEVELOPMENT, ACCESSIBILITY, AND IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE (AI) POWERED HEALTHCARE SOLUTIONS. OUR MISSION IS TO ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS LIVES BY FOCUSING ON RESOLUTION OF THE SECTORS MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FEDERAL ENGAGEMENT & REGULATORY AFFAIRS COMMITTEE (FERAC) THE FERAC IS FOCUSED ON ENGAGEMENT WITH REGIONAL AND INTERNATIONAL GOVERNING AND REGULATORY BODIES, SUCH AS CMS, EMA, HEALTH CANADA, FDA ETC. IN ADDITION, THE FERAC IS RESPONSIBLE FOR DEVELOPING A COHESIVE STRATEGY FOR AAIH LEGISLATIVE AND POLICY ADVOCACY. 2020 ACCOMPLISHMENTS: A.SUBMITTED COMMENTS ON DRUG DEVELOPMENT TOOLS DRAFT GUIDANCE, FEB 2020 B.DEVELOPED AND SUBMITTED COMMENTS AND RESPONSE TO PUBLIC CONSULTATION ON EUROPEAN COMMISSION AI WHITEPAPER & DIGITAL STRATEGY (JUNE 2020) C.CONNECTED WITH AI/ML LEADERSHIP AT FDA ON PLANS AND PRIORITIES GOING INTO 2021 D.COORDINATED AND CO-HOSTED AI LEADERSHIP SUMMIT AND AI + RWE WEBINAR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ENABLE THE ADVANCEMENT AND RESPONSIBLE USE OF AI IN HEALTHCARE TO IMPROVE PATIENTS' LIVES BY FOCUSING ON RESOLUTION OF THE SECTOR'S MOST PRESSING AND SIGNIFICANT ISSUES FOR PATIENTS AND DEVELOPERS. IT ADVANCES THESE GOALS BY WORKING COLLECTIVELY TO IDENTIFY AND ADDRESS INDUSTRY WIDE CONCERNS, ONE OF WHICH IS THE INTERSECTION OF AI AND INTELLECTUAL PROPERTY. 2020 ACCOMPLISHMENTS: A. LAUNCHED PROJECTS FOCUSED ON COLLABORATIONS AROUND RARE DISEASE DATA ACCESS; LAUNCHED PARTNERSHIP WITH RARE-X DISEASE ADVOCACY ORGANIZATION B. DEVELOPED FRAMEWORK FOR AI/ML SECTOR PERFORMANCE METRIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MANAGEMENT DELEGATED TO ADJUVANT PARTNERS LLC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CORPORATION SHALL HAVETWO CLASSESOFVOTINGMEMBERS,WHICH SHALL BE REFERRED TO AS FOUNDING MEMBERS AND GENERAL MEMBERS,(TOGETHER VOTING MEMBERS) AND ONE CLASS OF NON-VOTING MEMBERS, WHICH SHALL BE REFERRED TO AS ADVISORY MEMBERS. ADVISORY MEMBERS SHALL NOT BE CONSIDERED MEMBERS OF THE CORPORATION FOR THE PURPOSES OF THOSE RIGHTS AFFORDED CORPORATE MEMBERS BY THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT OF 2010, AS AMENDED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.