The Virtue Foundation

What it reported doing in 2024

Datamapping for good the virtue foundation actionable data mapping initiative (formerly named the "data mapping initiative") is a forward- thinking technology platform that employs machine learning and ai to better match needs and resources in 72 low and low-middle income countries. This first of its kind platform provides medical professionals and other global health actors with the information they need to best deploy their time, talent and resources. Born of years of on the ground global medical and surgical missions in underserved regions of the world, the platform leverages predictive analytics and machine learning algorithms to analyze geospatial data, infrastructure, risk factors, environmental conditions as well as other factors to arrive at insights critical to improving the delivery of healthcare to those most in need. Designed to create a more efficient marketplace for the delivery of healthcare in underserved regions of the world, the platform, through a simple, free user-friendly interface, seeks to provide individuals, non- profits, governments, and companies with more efficient access to data needed to help make critical decisions on the how to most efficiently allocate resources for greatest impact. At virtue foundation, research and analytics are a large part of all its program areas, and an important goal in every project that is undertaken. Analytics is enabled by knowledge and data. Thus, another guiding principle of its work is the collection and sharing of interdisciplinary data to better inform its programming. To this end, virtue foundation continues to develop several interactive map projects that will lay out needs and available resources to help inform where assistance as well as specific intervention is needed.

Financial Efficiency

• Mission deployment rate: 60%; rating input score 60
• Program expense ratio: 78.4%; rating input score 78
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 19th 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: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • 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: 41.5%; rating input score 90; 90th percentile among comparable filings
• Total-asset coverage ratio: 10.71; rating input score 92; 92nd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 10.2% per year; rating input score 100; 63rd percentile among comparable filings
• Revenue growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 9.7% per year; rating input score 100; 58th percentile among comparable filings