Maryland · Nonprofit
MEDTECH COLOR
MEDTECH COLOR (Maryland) receives grants from 5 organizations whose IRS filings report $287,464 to it, the largest being AMERICAN MEDICAL ASSOCIATION ($175,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $500k
- Funders on record
- 5
- Grants received
- $287k
- Net assets
- $313k
What Medtech Color does
Mission
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.
As stated on its FY2024 Form 990.
Programs
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.
$132,352 spent$144,169 earned by the program46% of program spendingNetworking 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.
$80,686 spent$83,500 earned by the program28% of program spendingPitch 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.
$60,133 spent$12,500 earned by the program21% of program spendingOther 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.
$12,026 spent$120,000 earned by the program4% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $285,197.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $634k to $313k (−51%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
12% of MEDTECH COLOR’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Katrina Holland
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $70k.
From the IRS filings of MEDTECH COLOR’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MEDTECH COLOR leans on a few funders — its largest provides 61% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MEDTECH COLOR.
Largest funder’s share by year: 2020 100% · 2021 32% · 2022 71% · 2023 71% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MEDTECH COLOR draws 100% of its grant income from funders outside Maryland, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MEDTECH COLOR has grown faster than three-quarters of the 13,754 health nonprofits its size.
this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024
Organizations like MEDTECH COLOR
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
64%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for MEDTECH COLOR: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MEDTECH COLOR?
- MEDTECH COLOR (Maryland) receives grants from 5 organizations whose IRS filings report $287,464 to it, the largest being AMERICAN MEDICAL ASSOCIATION ($175,000). 3 of them have funded it in more than one year.
- How many funders does MEDTECH COLOR have?
- IRS filings report 5 organizations giving $287,464 in grants to MEDTECH COLOR, 3 of which have funded it in more than one year.
- Who is the largest funder of MEDTECH COLOR?
- AMERICAN MEDICAL ASSOCIATION is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
- How can an organization like MEDTECH COLOR find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing