Medvantage Research Inc

Nonprofit profile at a glance

EIN
850843910
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Rocklin, CA, USA
Phone
2014016539
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Heart, Circulatory Research

Reported finances

Revenue
$125,450
Expenses
$131,837
Assets
$34,339
Liabilities
$379

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

Leadership & pay

3 people listed

People named in this filing

  • Athmika Malli (Executive Dir.)
  • Michael Jarrett (Director)
  • Byron Lee (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The corporation is a nonprofit organization incorporated and operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3)of the internal revenue code of 1986, as amended (the "code")(all references to sections of the code include the corresponding provision of any subsequent federaltax law). In particular, the corporation's purpose is to promote scientific research and advance public education regarding medical issues.

What it reported doing in 2025

Provided support to cardiac and pain research registries looking to improve patient outcomes in outpatient surgical centers. Involvement includes capturing all data entered into the edc (electronic data capture), verifying data integrity, and providing compensation for the data as per the contract to the physician partners that provided the services to the patients.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.1%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 23.5%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -13.9% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $132K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.