Medical Research
(H99)
990 on File
ADVANCIUM HEALTH NETWORK INC
Financial strength (30%)
57/100
Reliability (20%)
40/100
Effectiveness (25%)
48/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$17.0M
Total Revenue
$5.3M
Total Expenses
$12.0M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
43.7%
Fundraising Efficiency
N/A
Operating Reserve
27.16x
Liability-to-Asset
33.3%
Revenue Diversification
99.5%
Executive Compensation
$611K
Compared with Peers
FY 2023
Compared with 481 similar organizations
(United States, Medical Research, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
43.7% | 82.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
51.9% | 12.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.3% | 1.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.2 mo | 15.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.3% | 11.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 93.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
394.7% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
71.7% | 12.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
68.8% | 0.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $17.0M | $5.3M | $12.0M | 43.7% | 6 |
| 2022 | $3.4M | $3.1M | $330K | 64.4% | 2 |
| 2021 | $50K | $63K | $-13,028 | 0.0% | — |
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