Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
62 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
18 people listed on the 990; $7.6M paid to officers and key staff.
Jennifer Corey Schmid’s $474K as Chief Commercial Officer is at the 74th percentile of top reported officer pay among 2901 $10–100M health care 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Mark Ries Robinson | — | — | $1,316,047 | $845,493 | $209,805 |
| Harold Gaubert | — | $188,726 | $1,279,801 | $739,945 | — |
| Ryan Smith | — | $851,876 | $1,075,144 | $507,102 | — |
| Jennifer Brown | — | $158,561 | $1,051,298 | $486,820 | — |
| Swaminathan Sundaramurthy | $386,237 | $512,076 | — | — | — |
| Jennifer Corey Schmid | $473,925 | $443,054 | $481,133 | $318,038 | $157,087 |
| Joshua Karetney | — | — | $432,864 | $295,648 | — |
| Thomas Beale | $272,893 | $416,342 | — | — | — |
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.
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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
- Loans to or from officersSch L · Pt II4 listed
Programs and updates
Develops health data standards to automate processes and improve interoperability for healthcare systems.
Questions for Graphite Health INC
Your first name shows with your question. Graphite Health INC answers here, for everyone.
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Platform Development
In 2023, graphite enhanced its platform software and refined its capabilities. It was able to demonstrate its capabilities at a small scale and began creating deployment procedures.
S2 Standard Development
In 2023, graphite began development of a new standard which encodes operational semantics of health data, enabling process automation and interoperability for frictionless computing.
Marketplace Development
In 2023, graphite continued development of its application marketplace. Note that marketplace development is dependent on platform development. As a result, more emphasis was placed on platform development in 2023.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.7M | $3.0M |
| Total assetsLn 16 | $4.1M | $4.5M |
| LiabilitiesLn 26 | $16.5M | $31.9M |
| Net assetsLn 32 | −$12.4M | −$27.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $4.8M | $3.3M | $1.5M | |
| Other salaries and wagesLn 7 | $1.9M | $1.3M | $535K | |
| Pension plan contributionsLn 8 | $203K | $146K | $56K | |
| Other employee benefitsLn 9 | $396K | $315K | $81K | |
| Payroll taxesLn 10 | $465K | $353K | $112K | |
| Legal feesLn 11b | $214K | $91K | $123K | |
| Accounting feesLn 11c | $96K | $96K | ||
| Other fees for servicesLn 11g | $2.7M | $1.2M | $1.5M | |
| Advertising and promotionLn 12 | $500K | $500K | ||
| Office expensesLn 13 | $6K | $4K | $2K | |
| Information technologyLn 14 | $173K | $125K | $48K | |
| OccupancyLn 16 | $87K | $59K | $28K | |
| TravelLn 17 | $248K | $170K | $78K | |
| Conferences, conventions and meetingsLn 19 | $166K | $112K | $53K | |
| InterestLn 20 | $2.8M | $1.9M | $900K | |
| InsuranceLn 23 | $27K | $18K | $9K | |
| Other expenses (24a–d)Ln 24 | $253K | $172K | $81K | |
| All other expensesLn 24e | $1K | $1K | ||
| Total functional expensesLn 25 | $15.0M | $9.3M | $5.7M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $47.4M | $6.7M | $40.6M | $75K | 990 PDF |
| FY2024 | $17K | $13.2M | −$13.1M | −$40.5M | 990 PDF |
| FY2023 Viewing | $17K | $15.0M | −$15.0M | −$27.4M | 990 PDF |
| FY2022 | $218 | $13.4M | −$13.4M | −$12.4M | 990 PDF |
| FY2021 | $4.0M | $3.0M | $972K | $972K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $16,786 revenue, 12 lines filed
Part VI · Governance 5 of 6 board members independent, no flags
Part VIII · Statement of revenue $16,786 across 2 lines filed
Part IX · Statement of functional expenses $15,000,077 across 18 lines filed
Part X · Balance sheet $4,489,201 assets, 11 lines filed
Part XI · Reconciliation of net assets −$27,397,600 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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