Interventional Initiative
- Assets
- $229.0k
- Revenue
- $231.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Alamo, CA
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-3868331
Organization Overview
Interventional Initiative is located in Alamo, CA. The organization was established in 2015. According to its NTEE Classification (G40) the organization is classified as: Diseases of Specific Organs, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interventional Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Interventional Initiative generated $231.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $82.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR GOAL IS TO EDUCATE THE GENERAL PUBLIC ABOUT MINIMALLY INVASIVE, IMAGE GUIDED PROCEDURES (MIPS) THAT CAN BE PERFORMED BY DEDICATED PHYSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERVENTIONAL INITIATIVE'S SERVICE MISSION IS TO EDUCATE AND ENGAGE THE PUBLIC ABOUT THE VALUE OF MINIMALLY INVASIVE, IMAGE-GUIDED PROCEDURES (MIPS). OUR MISSION IS ACHIEVED THROUGH SEVERAL PUBLIC-CENTRIC MULTIMEDIA PRODUCTION AND SOCIAL MEDIA INITIATIVES. WE BELIEVE THAT ENGAGING THE PUBLIC WITH CREDIBLE AND COMPREHENSIBLE INFORMATION IS VITAL, AS STUDIES SHOW A LINK BETWEEN IMPROVED HEALTHCARE LITERACY AND BETTER PATIENT OUTCOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isabel Newton MD Chair, Secretary | OfficerTrustee | 10 | $0 |
E Brooke Spencer MD Vice Chair | OfficerTrustee | 2 | $0 |
Susan Jackson MBA Ceo, Director | OfficerTrustee | 5 | $0 |
Margaret Simor Msn Treasurer, Director | OfficerTrustee | 5 | $0 |
Darren Klass Director | Trustee | 2 | $0 |
Eric Kelleer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $231,311 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $231,311 |
| Total Program Service Revenue | $0 |
| Investment income | $73 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $365 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,749 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,300 |
| Advertising and promotion | $22,111 |
| Office expenses | $129 |
| Information technology | $2,487 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $82,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $14,916 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $228,970 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $228,970 |
| Total liabilities and net assets/fund balances | $228,970 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Interventional Initiative has recieved totaling $7,391.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,391 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Myotonic Dystrophy Foundation Oakland, CA | $5,846,076 | $2,383,618 |
Cardiac Therapy Foundation Of The Midpeninsula Palo Alto, CA | $823,071 | $664,303 |
Heal Child Skin Disease Foundation Walnut Creek, CA | $397,470 | $347,007 |
Livermore High Cowboy Boosters Livermore, CA | $138,269 | $283,880 |
Rotarian Foundation Of Livermore Livermore, CA | $3,533,283 | $1,979,289 |
Viking Charities Inc Solvang, CA | $2,460,952 | $497,343 |
Hepatitis C Clinical Education Group Inc Garden Grove, CA | $68,034 | $0 |
Interventional Initiative Alamo, CA | $228,970 | $231,749 |
Western Urological Foundation Santa Ana, CA | $1,660,959 | $146,142 |
Pulmonary Fibrosis Now Inc Chino, CA | $166,149 | $0 |
Ovarian Cancer Alliance Of Arizona Phoenix, AZ | $55,395 | $0 |
Victory Church Of Deliverance Vallejo, CA | $175,557 | $0 |