Dhit Global
- Assets
- $89.2k
- Revenue
- $71.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Chapel Hill, NC
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 82-2673222
Organization Overview
Dhit Global is located in Chapel Hill, NC. The organization was established in 2019. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dhit Global 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, Dhit Global generated $71.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $982.8k 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
ENABLING A WORLD WITHOUT HEALTH INEQUITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, DHIT GLOBAL CONTINUED TO SUPPORT THE COMMUNITY CONFIDENCE, A DECISION SUPPORT TOOL FOR GOVERNMENT AND COMMUNITY LEADERS TO UNDERSTAND THE STATE OF HEALTH IN THEIR COMMUNITIES AND SIMULATE POTENTIAL OPPORTUNITIES FOR IMPROVEMENT. THE ORIGINAL GRANT FOR 917,360 THAT WAS RECEIVED IN 2020 PAID FOR 6 MONTHS OF RESEARCH, DEVELOPMENT, COMMUNITY ENGAGEMENT, AND PROGRAM PROMOTION. THE FREE SERVICE LAUNCHED IN DECEMBER 2020 FOR 7 COUNTIES IN NORTH CAROLINA. THUS FAR THROUGH 2021, THE ONLINE TOOL HAS BEEN VISITED BY OVER 4,500 PEOPLE AND DHIT GLOBAL STAFF HAVE DONE DEMONSTRATIONS AND WEBINAR TRAINING SESSIONS TO OVER 3,000 NORTH CAROLINIANS TO USE THE TOOL.
IN JANUARY 2021, DHIT GLOBAL LAUNCHED ANOTHER SEASON OF ITS FREE VIRTUAL WEBINAR SERIES, THE DHIT FREQUENCY, INVITING PUBLIC HEALTH AND INNOVATION EXPERTS FROM ACADEMIA AND INDUSTRY TO DIG DEEP INTO HOW DIGITAL HEALTH COULD BE USED TO ADDRESS HEALTH CONCERNS CAUSED OR AGGRAVATED BY THE COVID-19 PANDEMIC. THESE MODERATED PANEL DISCUSSIONS WERE OFFERED WITH FREE REGISTRATION, AND THEN RECORDINGS AND BLOG SUMMARIES WERE POSTED TO THE DHIT GLOBAL WEBSITE FOR LATER VIEWING.
SELLING & MARKETING COSTS, LEGAL & PROFESSIONAL SERVICES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Levy Board President | 30 | $0 | |
Cindy Hallberlin General Counsel | 5 | $0 | |
Michael Ruhlen Advisory Board Chair | 5 | $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 | $71,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,778 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $71,778 |
| 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 | $250,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,934 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $694,883 |
| Advertising and promotion | $1,769 |
| Office expenses | $4,721 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,523 |
| 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 | $982,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,554 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,597 |
| Total assets | $89,151 |
| 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 | $89,151 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $89,151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Medical University Of South Carolina Foundation Charleston, SC | $614,746,136 | $28,626,184 |
Asts Foundation Arlington, VA | $24,421,604 | $1,945,373 |
Dhit Global Chapel Hill, NC | $89,151 | $71,778 |
Radiation Oncology Institute Arlington, VA | $16,106,095 | $1,152,909 |
Pharmacuetical Education & Research Inc Fairfax, VA | $235,130 | $725,464 |
Joseph M Still Research Foundation Inc Augusta, GA | $285,106 | $464,408 |
Goldman Philanthropic Partnerships Knoxville, TN | $3,245,268 | $433,561 |
Nimml Institute Inc Blacksburg, VA | $5,268,074 | $5,308,304 |
International Conference On Cytochrome P456 Inc Nashville, TN | $6,607 | $0 |
Wplab Inc Durham, NC | $13,010 | $0 |
Scion Natural Science Assn Inc Roseland, VA | $0 | $29,886 |
Sceptor Pain Foundation Inc Winstonsalem, NC | $91,257 | $31,906 |