Initiative For Medicines Access &knowledge I-mak Inc
Only null% goes to programs Strong reserves Declining revenue
Initiative For Medicines Access &knowledge I-mak Inc is a 501(c)(3) organization based in Lewes, Delaware, registered in 2007, with $1,327,898 in FY2024 revenue. CharityIndex grades it D.
16192 Coastal Hwy, Lewes, DE, 19958 EIN 20-8559302 Since 2007
Revenue (FY2024)
$1.3M
▼ 54.5% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$1.9M
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Initiative For Medicines Access &knowledge I-mak Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating24 mo reserves · -41% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Initiative For Medicines Access &knowledge I-mak Inc: 24 mo reserves · -41% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Initiative For Medicines Access &knowledge I-mak Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Initiative For Medicines Access &knowledge I-mak Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 16192 Coastal Hwy, Lewes, DE, 19958
- City
- Lewes
- State
- Delaware
- Category
- Crime & Legal-Related
- Subcategory
- Legal Services
- Website
- …
Financial trends
Revenue grew from $328K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $557KNet assets $3.7M
Operating margin
-41.2%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$557K
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,327,898▼54.5% | $1,875,049▲12.2% | $3,706,741▼12.9% | $4,263,696▼2.5% | 990 |
| 2023 | $2,921,379▲3.2% | $1,670,896▲6.7% | $4,253,892▲41.6% | $4,371,767▲39.1% | 990 |
| 2022 | $2,830,909▲52.5% | $1,565,735▲14.2% | $3,003,409▲72.8% | $3,143,772▲71.6% | 990 |
| 2021 | $1,855,914▲94.6% | $1,371,313▲58.8% | $1,738,235▲38.7% | $1,832,222▲30.8% | 990 |
| 2020 | $953,611▲31.7% | $863,420▲9.2% | $1,253,634▲7.8% | $1,400,880▲15.4% | 990 |
| 2019 | $724,021▼22.4% | $790,575▼69.3% | $1,163,443▼5.4% | $1,213,804▼24.2% | 990 |
| 2018 | $933,296▼74.9% | $2,573,036▲37.9% | $1,229,997▼53.0% | $1,600,403▼40.0% | 990 |
| 2017 | $3,711,163▲230% | $1,865,296▲99.5% | $2,619,737▲239% | $2,666,010▲224% | 990 |
| 2016 | $1,123,803▲66.4% | $934,918▲66.8% | $773,870▲32.3% | $822,548▲37.2% | 990 |
| 2015 | $675,489▲67.0% | $560,433▲47.5% | $584,985▲24.5% | $599,660▲26.5% | 990 |
| 2014 | $404,446▲23.2% | $379,879▲32.9% | $469,929▲5.5% | $474,029▲3.0% | 990 |
| 2013 | $328,331 | $285,785▲7.4% | $445,362▲10.6% | $460,293▲10.8% | 990 |
| 2012 | — | $266,036 | $402,816 | $415,316 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.6M total
14 grants to Initiative For Medicines Access &knowledge I-mak Inc totaling $2.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $2,004,000 |
| Co-impact Philanthropic Funds Inc | See part iv | 2023 | $250,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $20,100 |
| American Online Giving Foundation Inc | General support | 2023 | $5,975 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $40,000 |
| Donor Advised Charitable Giving | Human services | 2022 | $13,000 |
| Charities Aid Foundation America | Charitable donation | 2021 | $33,317 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $28,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $28,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2020 | $75,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $10,000 |
| Tides Foundation | Project support | 2019 | $35,000 |
| Tides Foundation | General support | 2018 | $20,000 |
| Tides Foundation | Healthy individuals and communities | 2018 | $8,000 |
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Frequently asked questions
- Is Initiative For Medicines Access &knowledge I-mak Inc a legitimate nonprofit?
- Yes. Initiative For Medicines Access &knowledge I-mak Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8559302, based in Lewes, Delaware. Donations are tax-deductible.
- What is Initiative For Medicines Access &knowledge I-mak Inc's EIN?
- Initiative For Medicines Access &knowledge I-mak Inc's Employer Identification Number (EIN) is 20-8559302.
- How much revenue does Initiative For Medicines Access &knowledge I-mak Inc report?
- Initiative For Medicines Access &knowledge I-mak Inc reported $1,327,898 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Initiative For Medicines Access &knowledge I-mak Inc have?
- CharityIndex grades Initiative For Medicines Access &knowledge I-mak Inc D, based on financial health (reserves and operating margin).
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Data for Initiative For Medicines Access &knowledge I-mak Inc (EIN 20-8559302) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.