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Nonprofits›Equalize Health

Science & Technology

Equalize Health

LAFAYETTE, CA

Website

Total revenue

$13

Total expenses

$12K

Net assets

—

Grants received

$3.7M

33 grants

EIN

260642778

Tax year

2024

Mission

Equalize health is a not-for-profit medical technology company whose mission is to create medical technology for everyone. Equalize Health's products are sold in 75+ countries, and have treated over 1 million patients.On January 10, 2023, Equalize Health (the Assignor), executed a general assignment for the benefit of creditors (ABC) in favor of EH Restructuring LLC, (the Assignee). This action was taken and approved with the authorization and consent of the Assignor's Board of Directors, and it was accepted by the Assignee after efforts to restructure, recapitalize, and combine with a similar entity were unsuccessful.Under the California Code of Civil Procedure as part of the wind-down process for a general assignment, all assets of the Assignor were transferred to the Assignee, an entity formed for the purpose of selling the Assignor's assets and distributing the proceeds to creditors in order of priority under applicable California law.On the effective date of the general assignment

Programs

4 programs

Equalize 2030 Model: We fully implemented our strategy and operating model of "Equalize Health 2030" to partner with local innovators to accelerate global health innovation to where it is needed most to save lives. Partnerships were formed for the First 3 Technologies, namely, with Southern Africa OB-GYN and World-Renowned Postpartum Hemorrhage expert, to launch maternawell tray, a simple innovation that will address the leading cause of maternal mortality.As a result of the wind-down process for general assignment, the Organization conducted no programs during the year ended December 31, 2024.

Telementoring for healthcare workers in India and Kenya with the aim of strengthening the healthcare systems where our products exist, equalize health partners with local government, NGOs and medical associations to provide digital medical training and professional support to healthcare workers in resource constrained hospitals. By the end of 2022, 2,375 healthcare workers were trained.As a result of the wind-down process for general assignment, the Organization conducted no programs during the year ended December 31, 2024.

Brilliance: Equalize Health's flagship line of products to manage severe newborn jaundice surpassed treating 1 million babies in late 2020. We partnered with local distributors in East Africa to increase usage of Brilliance in the region, an area where newborn mortality rates are some of the highest in the world. As Brilliance continues to scale via the market, the cost of photo-therapy devices continues to decrease globally.As a result of the wind-down process for general assignment, the Organization conducted no programs during the year ended December 31, 2024.

Impact assessment: the organization passed the milestone of 1 million averted DALYS in 2021 from patients treated with Equalize Health's devices.As a result of the wind-down process for general assignment, the Organization conducted no programs during the year ended December 31, 2024.