HMedical ResearchEIN: 461465348· Ruling Year: 2014

Medical Device Innovation Consortium

Arlington, Virginia

CHealth Score
35C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 5 peers in Medical Research with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.13×
Peer Median3.10×
💰
$14.9M
Total Revenue
📊
$15.6M
Total Expenses
🏦
$2.1M
Net Assets
📋
$9.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.1%
Year-over-year change (2022 → 2023)
Net Margin
-5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
82.4%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$14,899,71239%$15,639,93610%$11,871,4203%
2022$10,710,90937%$14,247,4378%$11,514,04031%
2021$16,908,15621%$15,430,46021%$8,765,41436%
2020$21,447,770183%$19,600,873155%$6,445,78556%
2019$7,566,86010%$7,683,89346%$4,143,59811%
2018$6,896,96344%$5,254,56616%$3,743,34636%
2017$4,806,14282%$4,544,90486%$2,747,85318%
2016$2,636,81633%$2,446,18761%$3,341,65953%
2015$1,983,92233%$1,518,81722%$2,188,30841%
2014$1,492,75591%$1,246,536187%$1,548,50573%
2013$783,150$434,041$894,471

Frequently Asked Questions

What does Medical Device Innovation Consortium do?

Medical Device Innovation Consortium is a medical research nonprofit organization based in Virginia. It is classified under NTEE code H99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Medical Device Innovation Consortium financially healthy?

Based on our 9-metric Financial Health Score model, Medical Device Innovation Consortium has a score of 35/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Medical Device Innovation Consortium generate?

Medical Device Innovation Consortium reports $28.2M in annual revenue and holds $11.8M in total assets, based on IRS filings.

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