Civic Intelligence

Initium Cares

EIN 84-2561426 • 501(c)3 • Denver, CO

Profile

In 2019, initium health established its nonprofit arm, initium cares, to provide infrastructure support to communities seeking to address structural barriers to their safety, health, and wellbeing. As a fiscal sponsor, initium cares leverages the acumen of its for-profit arm to help improve the efficacy of those with lived experiences seeking to self-organize to improve the conditions within their communities. Initium cares provides the back-office services to community-based organizations freeing them up to focus on their mission driven activities. Initium cares is seeking to move deeper into the communities most impacted by the inequities giving them the structural foundation upon which to amplify their voice and grow their programs. We are committed to reducing health inequities to improve human health, but we know that we need the community to help us reach our goals. Initium cares aims to address the social determinants of health through the use of health informatics, behavioral h

1401 Wewatta St Suite 103Denver, CO 80202

www.initiumcares.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

21st percentile

-40%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$209

Down $139 (-40%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$209

Down $139 (-40%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Down

$139

Down $2,345 (-94%) from 2023

Net Income

Up

-$139

Up $2,345 (+94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$300K$200K$100K$0Assets 2021: $255,081Liabilities 2021: $0Net Assets 2021: $255,0812021Assets 2022: $215,084Liabilities 2022: $0Net Assets 2022: $215,0842022Assets 2023: $348Liabilities 2023: $0Net Assets 2023: $3482023Assets 2024: $209Liabilities 2024: $0Net Assets 2024: $2092024

Highlighted filing

2024

Assets$209
Liabilities$0
Net Assets$209
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2021: $923,537Expenses 2021: $668,456Net Income 2021: $255,0812021Revenue 2022: $380,097Expenses 2022: $563,310Net Income 2022: -$183,2132022Revenue 2023: $0Expenses 2023: $2,484Net Income 2023: -$2,4842023Revenue 2024: $0Expenses 2024: $139Net Income 2024: -$1392024

Highlighted filing

2024

Revenue$0
Expenses$139
Net Income-$139
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$209
Liabilities
$0
Net assets
$209
Revenue
$0
Expenses
$139
Net income
-$139
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.02$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.00$2.15$3.80$5.63$1.83
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.00$2.55$9.24$6.68$2.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 11, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

In 2019, initium health established its nonprofit arm, initium cares, to provide infrastructure support to communities seeking to address structural barriers to their safety, health, and wellbeing. As a fiscal sponsor, initium cares leverages the acumen of its for-profit arm to help improve the efficacy of those with lived experiences seeking to self-organize to improve the conditions within their communities. Initium cares provides the back-office services to community-based organizations freeing them up to focus on their mission driven activities. Initium cares is seeking to move deeper into the communities most impacted by the inequities giving them the structural foundation upon which to amplify their voice and grow their programs. We are committed to reducing health inequities to improve human health, but we know that we need the community to help us reach our goals. Initium cares aims to address the social determinants of health through the use of health informatics, behavioral h

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$348$209▼ $139
Total Assets$348$209▼ $139
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$348$209▼ $139
Total Net Assets Fund Balance$348$209▼ $139
Total Liabilities and Net Assets / Fund Balance$348$209▼ $139
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
James CorbettOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$139--$139
Total Functional Expenses$139$0$0$139
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“James corbett reviews with accountants.”

Form 990, Page 6, Part VI, Line 15A

“No compensation has been paid”

Form 990, Page 6, Part VI, Line 15B

“MARKET ANALYSIS”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Initium Cares
EIN
84-2561426
Phone
3039288511
Address
1401 WEWATTA ST SUITE 103, DENVER, CO 80202

Signing Officer

Name
James Corbett
Title
Officer
Phone
3039288511
Signed
2025-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Corbett
Formed
2019
Legal Domicile
Co
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Denver Tax Advisor
Address
55 MADISON ST STE 540, DENVER, CO 80206-5422
Preparer
Jason Billingsley
Phone
7203818331
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“In 2019, initium health established its nonprofit arm, initium cares, to provide infrastructure support to communities seeking to address structural barriers to their safety, health, and wellbeing. As a fiscal sponsor, initium cares leverages the acumen of its for-profit arm to help improve the efficacy of those with lived experiences seeking to self-organize to improve the conditions within their communities. Initium cares provides the back-office services to community-based organizations freeing them up to focus on their mission driven activities. Initium cares is seeking to move deeper into the communities most impacted by the inequities giving them the structural foundation upon which to amplify their voice and grow their programs. We are committed to reducing health inequities to improve human health, but we know that we need the community to help us reach our goals. Initium cares aims to address the social determinants of health through the use of health informatics, behavioral health, economics, and incorporating non-clinical interventions into practices.”

Form 990, Page 2, Part III, Line 4D

“Initium cares serves as a fiscal intermediary for a campaign to reduce vaccine hesitancy”

Raw XML Appendix225 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/ActivityOrMissionDesc0IN 2019, INITIUM HEALTH ESTABLISHED ITS NONPROFIT ARM, INITIUM CARES, TO PROVIDE INFRASTRUCTURE SUPPORT TO COMMUNITIES SEEKING TO ADDRESS STRUCTURAL BARRIERS TO THEIR SAFETY, HEALTH, AND WELLBEING. AS A FISCAL SPONSOR, INITIUM CARES LEVERAGES THE ACUMEN OF ITS FOR-PROFIT ARM TO HELP IMPROVE THE EFFICACY OF THOSE WITH LIVED EXPERIENCES SEEKING TO SELF-ORGANIZE TO IMPROVE THE CONDITIONS WITHIN THEIR COMMUNITIES. INITIUM CARES PROVIDES THE BACK-OFFICE SERVICES TO COMMUNITY-BASED ORGANIZATIONS FREEING THEM UP TO FOCUS ON THEIR MISSION DRIVEN ACTIVITIES. INITIUM CARES IS SEEKING TO MOVE DEEPER INTO THE COMMUNITIES MOST IMPACTED BY THE INEQUITIES GIVING THEM THE STRUCTURAL FOUNDATION UPON WHICH TO AMPLIFY THEIR VOICE AND GROW THEIR PROGRAMS. WE ARE COMMITTED TO REDUCING HEALTH INEQUITIES TO IMPROVE HUMAN HEALTH, BUT WE KNOW THAT WE NEED THE COMMUNITY TO HELP US REACH OUR GOALS. INITIUM CARES AIMS TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH THE USE OF HEALTH INFORMATICS, BEHAVIORAL H
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IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0OFFICER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IN 2019, INITIUM HEALTH ESTABLISHED ITS NONPROFIT ARM, INITIUM CARES, TO PROVIDE INFRASTRUCTURE SUPPORT TO COMMUNITIES SEEKING TO ADDRESS STRUCTURAL BARRIERS TO THEIR SAFETY, HEALTH, AND WELLBEING. AS A FISCAL SPONSOR, INITIUM CARES LEVERAGES THE ACUMEN OF ITS FOR-PROFIT ARM TO HELP IMPROVE THE EFFICACY OF THOSE WITH LIVED EXPERIENCES SEEKING TO SELF-ORGANIZE TO IMPROVE THE CONDITIONS WITHIN THEIR COMMUNITIES. INITIUM CARES PROVIDES THE BACK-OFFICE SERVICES TO COMMUNITY-BASED ORGANIZATIONS FREEING THEM UP TO FOCUS ON THEIR MISSION DRIVEN ACTIVITIES. INITIUM CARES IS SEEKING TO MOVE DEEPER INTO THE COMMUNITIES MOST IMPACTED BY THE INEQUITIES GIVING THEM THE STRUCTURAL FOUNDATION UPON WHICH TO AMPLIFY THEIR VOICE AND GROW THEIR PROGRAMS. WE ARE COMMITTED TO REDUCING HEALTH INEQUITIES TO IMPROVE HUMAN HEALTH, BUT WE KNOW THAT WE NEED THE COMMUNITY TO HELP US REACH OUR GOALS. INITIUM CARES AIMS TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH THE USE OF HEALTH INFORMATICS, BEHAVIORAL H
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0348
IRS990/NetAssetsOrFundBalancesEOYAmt0209
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0348
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0209
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0139
IRS990/OfficeExpensesGrp/TotalAmt0139
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES CORBETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INITIUM CARES SERVES AS A FISCAL INTERMEDIARY FOR A CAMPAIGN TO REDUCE VACCINE HESITANCY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0139
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt0-139
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0380097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0923537
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IRS990ScheduleA/TotalSupportAmt01303634
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2019, INITIUM HEALTH ESTABLISHED ITS NONPROFIT ARM, INITIUM CARES, TO PROVIDE INFRASTRUCTURE SUPPORT TO COMMUNITIES SEEKING TO ADDRESS STRUCTURAL BARRIERS TO THEIR SAFETY, HEALTH, AND WELLBEING. AS A FISCAL SPONSOR, INITIUM CARES LEVERAGES THE ACUMEN OF ITS FOR-PROFIT ARM TO HELP IMPROVE THE EFFICACY OF THOSE WITH LIVED EXPERIENCES SEEKING TO SELF-ORGANIZE TO IMPROVE THE CONDITIONS WITHIN THEIR COMMUNITIES. INITIUM CARES PROVIDES THE BACK-OFFICE SERVICES TO COMMUNITY-BASED ORGANIZATIONS FREEING THEM UP TO FOCUS ON THEIR MISSION DRIVEN ACTIVITIES. INITIUM CARES IS SEEKING TO MOVE DEEPER INTO THE COMMUNITIES MOST IMPACTED BY THE INEQUITIES GIVING THEM THE STRUCTURAL FOUNDATION UPON WHICH TO AMPLIFY THEIR VOICE AND GROW THEIR PROGRAMS. WE ARE COMMITTED TO REDUCING HEALTH INEQUITIES TO IMPROVE HUMAN HEALTH, BUT WE KNOW THAT WE NEED THE COMMUNITY TO HELP US REACH OUR GOALS. INITIUM CARES AIMS TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH THE USE OF HEALTH INFORMATICS, BEHAVIORAL HEALTH, ECONOMICS, AND INCORPORATING NON-CLINICAL INTERVENTIONS INTO PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INITIUM CARES SERVES AS A FISCAL INTERMEDIARY FOR A CAMPAIGN TO REDUCE VACCINE HESITANCY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JAMES CORBETT REVIEWS WITH ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMPENSATION HAS BEEN PAID
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MARKET ANALYSIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
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ReturnHeader/Filer/PhoneNum03039288511
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ReturnHeader/Filer/USAddress/ZIPCd080202
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt055 MADISON ST STE 540
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0802065422
ReturnHeader/PreparerPersonGrp/PhoneNum07203818331
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON BILLINGSLEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-15T20:34:06-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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