NonprofitsMedtech Innovator

Education

Medtech Innovator

LOS ANGELES, CA

Total revenue

$2.1M

Total expenses

$5.7M

Net assets

$10.9M

Grants received

$9.5M

8 grants

EIN

813132011

Tax year

2023

Mission

Medtech innovator organizes and runs a global competition and virtual accelerator for medical device, digital health, and diagnostic startup companies.

Financials

FY 2023

Revenue

Contributions & grants$2.1M
Program service revenue
Investment income$51K
Other revenue
Total revenue$2.1M

Expenses

Grants paid$1.2M
Salaries & benefits$3.3M
Fundraising$214K
Other expenses$1.1M
Total expenses$5.7M
Total assets$11.3M
Net assets$10.9M

People

10 listed

NameRoleCompensation

PAUL GRAND

CEO & PRESIDENT

Board

$773K

50 hrs/wk

KATHRYN ZAVALA

COO

Board

$364K

50 hrs/wk

KAREN JOHNSON

DIRECTOR

Board

2 hrs/wk

BIREN MEHTA

DIRECTOR

Board

2 hrs/wk

CHRISTOPHER MARTIN

DIRECTOR

Board

3 hrs/wk

BRIAN BENSON

SENIOR VICE PRESIDENT

Staff

$227K

40 hrs/wk

AYELET MAROM

VP, PROGRAMS

Staff

$163K

40 hrs/wk

DIANE BOUIS

DIRECTOR

Staff

$134K

40 hrs/wk

DAPHNE AGHALARPOUR

CHIEF OF STAFF

Staff

$109K

40 hrs/wk

JERRY CIOLINO

DIRECTOR OF OPERATIONS

Staff

$101K

40 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$3.6M
CHARITABLE ENTITY SUPPORT
2024
$2.8M
CHARITABLE ENTITY SUPPORT
2023
$250K
HEART & BRAIN HEALTH ACCELERATOR
2023
$5K
EAST COAST PITCH EVENT
2023
$2M
CHARITABLE ENTITY SUPPORT
2022
$400K
CHARITABLE ENTITY SUPPORT
2020
$400K
GRANT TO SUPPORT MEDICAL DEVICE, DIGITAL HEALTH AND DIAGNOSTIC COMPANY INNOVATION.
2018

Funded by

$9.5M from 4 funders · 8 grants · 2018–2024

Frederick Gardner Cottrell Foundation

$9.2M · 5 grants · 2018–2024

American Heart Association Inc

$250K · 1 grant · 2023

The Abell Foundation Inc

$5K · 1 grant · 2023

Details

EIN813132011
NTEE codeB90
Subsection03
Ruling date2019-04
Formed2016
Employees26
Volunteers500
MEDTECH INNOVATOR — Mission, Financials & Grants Received | Grantivo