Civic Intelligence

Med-Aditus International Inc

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.

800 Park Offices Dr 3322Durham, NC 27713

medaditus.org

Siviq Scores

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

Liabilities / Assets

86th percentile

0.52x

Higher debt load relative to assets than 86% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.40x

Higher debt load relative to revenue than 85% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

NTEE E • $500k-$1M nonprofits • Source year 2024

Asset Growth

96th percentile

532%

Faster asset growth than 96% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

148%

Faster revenue growth than 91% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2023 to 2024

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

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2020: $26,133Liabilities 2020: $25,217Net Assets 2020: $9162020Assets 2021: $68,916Liabilities 2021: $92,905Net Assets 2021: -$23,9892021Assets 2022: $11,344Liabilities 2022: $107,545Net Assets 2022: -$96,2012022Assets 2023: $65,958Liabilities 2023: $175,776Net Assets 2023: -$109,8182023Assets 2024: $417,054Liabilities 2024: $216,225Net Assets 2024: $200,8292024

Highlighted filing

2024

Assets$417,054
Liabilities$216,225
Net Assets$200,829

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $127,200Expenses 2020: $126,284Net Income 2020: $9162020Revenue 2021: $209,674Expenses 2021: $234,579Net Income 2021: -$24,9052021Revenue 2022: $111,439Expenses 2022: $183,651Net Income 2022: -$72,2122022Revenue 2023: $215,577Expenses 2023: $229,194Net Income 2023: -$13,6172023Revenue 2024: $533,895Expenses 2024: $223,248Net Income 2024: $310,6472024

Highlighted filing

2024

Revenue$533,895
Expenses$223,248
Net Income$310,647

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$533,895
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$533,895
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$533,895
Change in Net Assets
$310,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$223,248
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
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
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

Loans and Receivables

Line ItemBeginningEndChange
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$18,449
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

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.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Med Aditus Foundation
EIN
84-4097890
Phone
9196066688
Address
800 PARK OFFICES DR 3322, DURHAM, NC 27713

Signing Officer

Name
Robert Blouin
Title
President/CEO
Phone
9196066688
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Blouin
Formed
2020
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
90

Preparer

Firm
Eag Triangle LLC
Address
1500 SUNDAY DRIVE SUITE 300, RALEIGH, NC 27607
Preparer
J Timmons Robinson
Phone
9192325900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractors: program service expenses 8,237. Management and general expenses 143,418. Fundraising expenses 0. Total expenses 151,655.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0MED ADITUS PHARMACEUTICALS INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PAYMENT OF EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PAYMENT OF EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt133734
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DHIREN THAKKER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PAST PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1RELATED ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt0424572
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A 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/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTRACTORS: PROGRAM SERVICE EXPENSES 8,237. MANAGEMENT AND GENERAL EXPENSES 143,418. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,655.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt065958
IRS990/TotalAssetsEOYAmt0417054
IRS990/TotalAssetsGrp/BOYAmt065958
IRS990/TotalAssetsGrp/EOYAmt0417054
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0533895
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0215011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08237
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223248
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0175776
IRS990/TotalLiabilitiesEOYAmt0216225
IRS990/TotalLiabilitiesGrp/BOYAmt0175776
IRS990/TotalLiabilitiesGrp/EOYAmt0216225
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-109818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0200829
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08237
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0533895
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065958
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0417054
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08237
IRS990/TravelGrp/TotalAmt08237
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0317 DALTON DRIVE
IRS990/USAddress/CityNm0RALEIGH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027615
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0HTTPS://MEDADITUS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT BLOUIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09196066688
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MED ADITUS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MEDA
ReturnHeader/Filer/EIN0844097890
ReturnHeader/Filer/PhoneNum09196066688
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 PARK OFFICES DR 3322
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027713
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0934708866
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG TRIANGLE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01500 SUNDAY DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027607
ReturnHeader/PreparerPersonGrp/PhoneNum09192325900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0J TIMMONS ROBINSON
ReturnHeader/ReturnTs02025-11-13T09:42:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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