Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
EIN 84-4097890 • 501(c)3 • Durham, NC
Profile
Our mission is to build human capacity and technical capability for creating better access to medicine in sub-saharan africa.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Assets
Up$417,054
Up $351,096 (+532%) from 2023
Liabilities
Up$216,225
Up $40,449 (+23%) from 2023
Net Assets
Up$200,829
Up $310,647 (+283%) from 2023
Revenue
Up$533,895
Up $318,318 (+148%) from 2023
Expenses
Down$223,248
Down $5,946 (-2.6%) from 2023
Net Income
Up$310,647
Up $324,264 (+2381%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Our mission is to build human capacity and technical capability for creating better access to medicine in sub-saharan africa.
We seek to partner with sub-saharan african nations, international agencies, and private sector organizations to build a state-of-the-art pharmaceutical product development and manufacturing facility and a secure distribution network, with the end goal of improving patients' access to affordable high-quality medicines. This endeavor will be a stepping stone to building the technical capabilities and human capacity required for sustained access to locally-manufactured medicines. We also aim to forge strategic partnerships with local governments and academic institutions to develop targeted education and training programs that will facilitate the growth of a knowledgeable and talented workforce.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Receivables From Officers Etc | $33,734 | $414,572 | ▲ $380,838 |
| Rtn Earn Endowment Incm Other Fnds | $-109,818 | $200,829 | ▲ $310,647 |
| Loans From Officers Directors | $10,000 | $10,000 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $31,424 | $1,682 | ▼ $29,742 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $65,958 | $417,054 | ▲ $351,096 |
| Other Assets Total | $800 | $800 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $152,674 | $187,776 | ▲ $35,102 |
| Other Liabilities | $13,102 | $18,449 | ▲ $5,347 |
| Total Liabilities | $175,776 | $216,225 | ▲ $40,449 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-109,818 | $200,829 | ▲ $310,647 |
| Total Liabilities and Net Assets / Fund Balance | $65,958 | $417,054 | ▲ $351,096 |
| Name | Title |
|---|---|
| David S Routh Ba | Director |
| Elizabeth Mary Okelo | Director |
| Lazarus O Amayo Ma | Director |
| Ngozi Bell | Director |
| P Kay Wagoner Phd | Director |
| Pape Gaye | Director |
| Robert a Blouin Pharmd | Director |
| Ronald P Strauss Dmd Phd | Director |
| Sachiko Ozawa Phd | Director |
| Steve Hammond | Director |
| W Mark Crowell | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $223,248 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $8,237 | $143,418 | - | $151,655 |
| Occupancy | - | $14,400 | - | $14,400 |
| Advertising | - | $10,633 | - | $10,633 |
| Travel | - | $8,237 | - | $8,237 |
| Office Expenses | - | $7,114 | - | $7,114 |
| Information Technology | - | $2,400 | - | $2,400 |
| Other Expenses | - | $350 | - | $350 |
| All Other Expenses | - | $339 | - | $339 |
| Interest | - | $271 | - | $271 |
| Total Functional Expenses | $8,237 | $215,011 | $0 | $223,248 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Officers, Directors, Trustees, and Key Employees | $33,734 | $414,572 | ▲ $380,838 |
| Loans from Officers, Directors, Trustees, and Key Employees | $10,000 | $10,000 | → $0 |
| Liability | Amount |
|---|---|
| Credit Card Payable | $18,449 |
“A draft copy of the return will be provided to the finance and audit committee for review. The board will review and accept the return into records.”
“Documents are available upon request.”
“Contractors: program service expenses 8,237. Management and general expenses 143,418. Fundraising expenses 0. Total expenses 151,655.”
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/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | WE SEEK TO PARTNER WITH SUB-SAHARAN AFRICAN NATIONS, INTERNATIONAL AGENCIES, AND PRIVATE SECTOR ORGANIZATIONS TO BUILD A STATE-OF-THE-ART PHARMACEUTICAL PRODUCT DEVELOPMENT AND MANUFACTURING FACILITY AND A SECURE DISTRIBUTION NETWORK, WITH THE END GOAL OF IMPROVING PATIENTS' ACCESS TO AFFORDABLE HIGH-QUALITY MEDICINES. THIS ENDEAVOR WILL BE A STEPPING STONE TO BUILDING THE TECHNICAL CAPABILITIES AND HUMAN CAPACITY REQUIRED FOR SUSTAINED ACCESS TO LOCALLY-MANUFACTURED MEDICINES. WE ALSO AIM TO FORGE STRATEGIC PARTNERSHIPS WITH LOCAL GOVERNMENTS AND ACADEMIC INSTITUTIONS TO DEVELOP TARGETED EDUCATION AND TRAINING PROGRAMS THAT WILL FACILITATE THE GROWTH OF A KNOWLEDGEABLE AND TALENTED WORKFORCE. |
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| IRS990/Desc | 0 | BUILD HUMAN CAPACITY AND TECHNICAL CAPABILITY FOR CREATING BETTER ACCESS TO MEDICINE IN SUB-SAHARAN AFRICA |
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| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 8237 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 151655 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CREDIT CARD PAYABLE |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 18449 |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | MED ADITUS PHARMACEUTICALS INC |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A DRAFT COPY OF THE RETURN WILL BE PROVIDED TO THE FINANCE AND AUDIT COMMITTEE FOR REVIEW. THE BOARD WILL REVIEW AND ACCEPT THE RETURN INTO RECORDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CONTRACTORS: PROGRAM SERVICE EXPENSES 8,237. MANAGEMENT AND GENERAL EXPENSES 143,418. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,655. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT BLOUIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/CEO |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-07 |
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| ReturnHeader/Filer/EIN | 0 | 844097890 |
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| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 800 PARK OFFICES DR 3322 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1500 SUNDAY DRIVE SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27607 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9192325900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | J TIMMONS ROBINSON |
| ReturnHeader/ReturnTs | 0 | 2025-11-13T09:42:03-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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