MedtechWomen

Nonprofit profile at a glance

EIN
461442104
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
5102060747
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$552,249
Expenses
$381,968
Assets
$327,974
Liabilities
$185

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Amy Belt Raimundo (President)
  • Lynette Kozuma (Executive Director)

Highest reported compensation

  • Lynette Kozuma (Executive Director): $118,219 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

MedtechWomen's mission is to highlight and connect women experts in the medical technology and diagnostic industry to provide role models for women in the industry and educate them on what's happening at the cutting edge. Our significant activity is the MedtechVision conference which is a content driven forum around emerging opportunities and challenges in the medical technology industry where female experts share their insights and provide role models for the female participants.

What it reported doing in 2024

Established in 2011, MedtechVision is an annual conference that brings together business leaders, inventors, investors, physicians and eventto discuss real-world solutions to the most challenging issues facing the Medtech industry today. 2024 events included the following: Jan, 18, 2024 WBL Reception at JP Morgan Healthcare ConferenceMarch 6, 2024 New Member OnboardingApril 17, 2024 Innovative Trends in the Intersection of Healthcare & digital Healthapril18, 2024 MedTechWOMEN & Davis Wright Tremaine Seattle Networking EventMay 2, 2024 DeviceTalks BostonMay 15, 2024 MedTechFORUM Women's HEalth: Beyond the BikiniMay 22, 2024 MedTechFORUM Innovating for Women's HealthJune 12, 2024 New Member OnboardingJuly 13, 2024 Understanding Risks & Laibilities of Board ServiceAugust 15, 2024 Device Alliance 8th annual Women in MedTech EventAugust 29, 2024 MedTEchFORUM Unpaking Roe v. WadeAugust 31, 2024 MedTechFORUM Maternal Health: The Canary in the Coal MineSeptember 10, 2024 MedTEchVision 2024 Annual ConferenceSeptember 16, 2024 LSI EuropeSeptember 19, 2024 New Member OnboardingOctober 15, 2024 MedTech Color's the annual Metworking BreakfastOctober 29, 2024 San Carlos, CA Networking EventNovember 8, 2024 Virtual Women's Health & Artificial IntelligenceNovember 14, 2024 Seattle Networking EventNovember 18, 2024 MedTEchFORUM Women's Health in 2024 & BeyondDecember 12, 2024 Level Up: Navigating Career Growth & LeadershipAdditional information regarding MedtechWomen may be found at: https://medtechwomen.org

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 84
  • Accountability: 62
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62%; rating input score 62
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: $26.76 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th 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: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 30.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.86; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 30.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 62% of revenue deployed · 89.6% of spending went to programs
  • Governance: 4 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $342K in reported program spending
  • Leadership: top reported pay $118K · 5 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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: Governance controls: 4 of 7 not reported.
  • Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.