Skip to the page content
Your donations
Passes our checks

Medtech Color

EIN 83-0543603 · Sacramento, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 45% of its spending went to programs.
  • Raising each dollar of donations cost 224 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO BUILD A COHESIVE COMMUNITY OF LEADERS OF COLOR IN MEDTECH, INCREASE THE NUMBER OF UNDERREPRESENTED EXECUTIVES WHO ENTER AND STAY IN THE INDUSTRY AND DRIVE THOUGHT LEADERSHIP.

Income
$392,415
Spending
$636,342
Spent on programs
45%
Reserves
1.3 months of spending
Largest source of income
fees for its services, 92%
Employees
1
Volunteers
20
Highest pay
$226,201, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 7% of charities in its peer group (health care, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.3 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 62% of income.

  • Income trend

    5 of 15

    Income fell 21% on the year before.

  • Spending floor

    0 of 15

    45% of spending went to programs and raising each dollar of donations cost 224 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 69 out of 100. Higher than 38% of charities in its peer group (health care, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $132,352 spent. MEDTECH COLOR OPERATIONS - MEDTECH COLOR AIMS TO ADVANCE THE REPRESENTATION OF PERSONS OF COLOR IN THE MEDICAL DEVICE INDUSTRY AND BUILD A COMMUNITY TO PROMOTE SUCH REPRESENTATION IN THE MEDICAL DEVICE INDUSTRY. SUCH EVENTS INCLUDE THE NETWORKING BREAKFAST, MEDTECH WOMEN, WEBINARS, COMMUNITY ENGAGEMENTS.
  2. $80,686 spent. NETWORKING BREAKFAST -THE MEDTECH COLOR ANNUAL NETWORKING BREAKFAST IS OUR MARQUEE EVENT TO DRIVE OUR CORE PILLAR OF BUILDING A STRONG, DIVERSE NETWORK OF MENTORS AND SPONSORS WHO CHAMPION THOUGHT LEADERSHIP AND INNOVATIVE CLINICAL ADVANCEMENT. THIS EVENT IS HELD IN CONJUNCTION WITH THE WORLD'S LARGEST MEDICAL DEVICE CONFERENCE, THE MEDTECH CONFERENCE POWERED BY ADVAMED. PREVIOUS KEYNOTE SPEAKERS HAVE INCLUDED OMAR ISHRAK, FORMER CEO OF MEDTRONIC, DR. MICHELLE MCMURRY-HEATH, CEO OF BIOTECHNOLOGY INNOVATION ORGANIZATION, AND KEVIN LOBO, CEO OF STRYKER, AMONG OTHER LEADERS IN MEDTECH.
  3. $60,133 spent. PITCH COMPETITION AND PITCH365 - MEDTECH COLOR PITCH COMPETITION IS A FOUNDATIONAL START OF MEDICAL TECHNOLOGY EARLY-STAGE STARTUPS CREATING INNOVATIVE TECHNOLOGIES. INNOVATIVE STARTUPS TAKE THE STAGE OF A VIRTUAL COMPETION TO SHOWCASE THEIR PRODUCTS OR SERVICES THAT WILL DIRECTLY BENEFIT PATIENTS AND TELL THEIR STORY. PITCH365 PROVIDES YEAR-ROUND ACCESS TO RESOURCES DESIGNED TO SUPPORT MINORITY-FOUNDED, UNDERFUNDED STARTUPS FROM IDEATION TO THE CONSUMER MARKET, AND CREATE A DEPENDABLE, EMPATHETIC COMMUNITY OF MEDTECH LEADERS DEDICATED TO THEIR START-UP'S ONGOING SUCCESS.
  4. $12,026 spent. OTHER PROGRAMS - COLLABORATIVE COMMUNITY - MEDTECH COLOR HAS CONVENED THIS COLLABORATIVE COMMUNITY TO CREATE A FORUM WHERE MEDTECH PROFESSIONALS AND OTHER STAKEHOLDERS CAN ADDRESS MINORITY HEALTH ISSUES IN MEDICAL DEVICE PRODUCT DEVELOPMENT AND CLINICAL RESEARCH. WE DEVELOP STRATEGIES, RESOURCES, BEST PRACTICES AND THOUGHT LEADERSHIP TO INCREASE AWARENESS AND MITIGATE THE IMPACT OF RACIAL AND ETHNIC MINORITIES IN CRITICAL ASPECTS OF THE PRODUCT DEVELOPMENT LIFECYCLE.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.