H โ€” Medical ResearchEIN: 872622250ยท Ruling Year: 2023

Advancium Health Network Inc

New York, New York

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$17.0M
Total Revenue
๐Ÿ“Š
$5.3M
Total Expenses
๐Ÿฆ
$12.0M
Net Assets
๐Ÿ“‹
$6.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+394.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+68.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.26
Net assets divided by total expenses
Liabilities-to-Assets
33.3%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$16,967,337โ†‘395%$5,300,994โ†‘72%$17,991,568โ†‘4208%
2022$3,430,074โ†‘6760%$3,086,977โ†‘4798%$417,585โ†‘735%
2021$50,000$63,028$50,000

Frequently Asked Questions

What does Advancium Health Network Inc do?โ–ผ

Advancium Health Network Inc is a medical research nonprofit organization based in New York. It is classified under NTEE code H99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Advancium Health Network Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Advancium Health Network Inc has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Advancium Health Network Inc generate?โ–ผ

Advancium Health Network Inc reports $1.1M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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Advancium Health Network Inc โ€” New York, NY | GiveScope