Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2008.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
What each dollar paid for.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
1 person listed on the 990.
Krista Donaldson’s $261K as CEO is at the 99th percentile of top reported officer pay among 116 <$100K science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Krista Donaldson | $260,655 | $216,000 | $215,250 |
| Costa Gillespie | — | $171,000 | — |
| Boston Nyer | $163,777 | $154,440 | $151,611 |
| Costantine Gillespie | $153,087 | — | — |
| Peter Barschall | $132,122 | $150,170 | — |
| Mike Eisenstein | — | $150,000 | — |
| Daniel R Wald | $134,124 | $146,750 | $147,570 |
| Chris Abel | $141,182 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Equalize Health Formerly D-Rev executive salaries →Are you one of these people? Claim this org to confirm your role
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops affordable medical technology to improve healthcare access globally.
Questions for Equalize Health Formerly D-Rev
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Equalize 2030 Model
We fully implemented our strategy and operating model of "Equalize Health 2030" to partner with local innovators to accelerate global health innovation to where it is needed most to save lives.
Ncpap
Secured a groundbreaking partnership with Draeger formed to commercialize FlowLite, increasing its capacity to reach newborns with RDS in the hardest to reach places globally. FlowLite Usability Study in India, spanning 13 locations, 6 states, 37 healthcare facilities, and 108 healthcare stakeholders surrounding usability, use setting…
Telementoring for healthcare workers in India and Kenya with the aim of strengthening the healthcare systems where our products exist, equalize health partners with local government, NGOs and medical associations to provide digital medical training and professional support to healthcare workers in resource constrained hospitals.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $120K | $119K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $120K | $119K |
| LiabilitiesLn 26 | $506K | $506K |
| Net assetsLn 32 | −$386K | −$387K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $0 | |||
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $0 | |||
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $0 | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $0 | |||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $0 | |||
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $0 | |||
| Other expenses (24a–d)Ln 24 | $799 | $799 | ||
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $799 | $0 | $799 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $12 | $799 | −$787 | −$387K | 990 PDF |
| FY2024 | $13 | $12K | −$12K | −$386K | 990 PDF |
| FY2023 | $1.2M | $1.1M | $70K | −$374K | 990 PDF |
| FY2022 | $2.2M | $4.7M | −$2.5M | −$444K | 990 PDF |
| FY2021 | $2.7M | $3.8M | −$1.1M | $2.1M | 990 PDF |
| FY2020 | $4.8M | $3.0M | $1.8M | $3.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $12 revenue, 12 lines filed
Part VI · Governance 1 of 1 board members independent, 2 to look at
Part VIII · Statement of revenue $12 across 7 lines filed
Part IX · Statement of functional expenses $799 across 31 lines filed
Part X · Balance sheet $119,010 assets, 18 lines filed
Part XI · Reconciliation of net assets −$386,921 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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