Health Tech Alley

Nonprofit profile at a glance

EIN
853265038
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
Columbia, MD, USA
Phone
3102007826
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Management & Technical Assistance

Official website

Reported finances

Revenue
$430,516
Expenses
$414,285
Assets
$313,347
Liabilities
$2,049

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Greg Miller (President/Executive Director)

Highest reported compensation

  • Greg Miller (President/Executive Director): $89,000 total reported compensation
  • Nathan Garcia (Director): $42,000 total reported compensation
  • LaToya Staten (Director): $14,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Health Tech Alley, Inc.'s (HTA) mission is to enable solutions and services to medically underserved communities and the organizations that serve them. HTA has the particular intent to catalyze economic mobility for underestimated populations and communities of color, address workforce barriers, and advocate for solutions that address social determinants of health (SDoH).

What it reported doing in 2025

Implement Tech-AI Workforce programming on Eastern Shore with a focus on Caroline County and inclusion of select adjacent counties. Implement early career seeker opportunities for business intelligence, data and cyber/tech work-based learning activities. Key activities included: Build partnership with Caroline County Public Schools and workforce and economic development agencies to catalyze work-based learning activities, including youth apprenticeships; Establish pipeline of early career seekers interested in skilling toward advancing technology roles; Engage employers as host organizations for work-based learning and career placement. Key Outcomes include: 20 career seekers, of whom at least 50% (10 total) will be women, at least 50% (10 total) will be people of color, and at least 50% (10 total) will be placed with an employer; 25% will be technology companies (at least 6 total); 25% will be manufacturers (at least 6 total) and at least 50% will be social impact-oriented companies (at least 12) interested in applying novel AI tools and services. We expect that 75% will incorporate AI into their business plans and growth strategy (at least 18 total). As of year end 2025 we are on track with funder (TedCo) contractual commitments and will deliver full scope in 2026.

Operating model

Revenue model
Grant-funded. 91% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 92
  • Accountability: 44
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.3%; rating input score 78
  • Program expense ratio: 81.4%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 40%; rating input score 40; 18th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.8%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 35%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -13.9% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 24.8% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 48.1% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 78.3% of revenue deployed · 81.4% of spending went to programs
  • Governance: 2 of 5 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $337K in reported program spending
  • Leadership: top reported pay $89K · 5 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 40/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.