2024-09-18T08:51:34-07:00 2023-12-31 472108239 Butterfield Co CPAs Inc PO BOX 2382 Stockton CA 95201 990 2023-01-01 260642778 Equalize Health Formerly D-Rev EQUA 4152183439 3581 Mt Diablo Blvd Suite 215 Lafayette CA 94549 William R Brinkman Mgr of Assignee 2024-09-18 true true Jared Van Zwaluwenburg P00537683 2092429971 2023 2024-08-08 14:25:15Z William R Brinkman 3581 Mt Diablo Blvd Suite 215 Lafayette CA 94549 1428412 false X www.equalizehealth.org X 2007 CA Equalize health is a not-for-profit medical technology company whose mission is to create medical technology for everyone. Equalize Health's products are sold in 75+ countries, and have treated over 1 million patients.On January 10, 2023, Equalize Health (the Assignor), executed a general assignment for the benefit of creditors (ABC) in favor of EH Restructuring LLC, (the Assignee). This action was taken and approved with the authorization and consent of the Assignor's Board of Directors, and it was accepted by the Assignee after efforts to restructure, recapitalize, and combine with a similar entity were unsuccessful.Under the California Code of Civil Procedure as part of the wind-down process for a general assignment, all assets of the Assignor were transferred to the Assignee, an entity formed for the purpose of selling the Assignor's assets and distributing the proceeds to creditors in order of priority under applicable California law.On the effective date of the general assignment 1 1 0 0 1990949 33388 816179 8927 -23447 171785 392345 2171661 1218465 0 0 2602107 122 0 0 2066026 1148269 4668133 1148391 -2496472 70074 518369 131832 962542 505931 -444173 -374099 X Equalize Health believes in a world where we all have access to world-class medical treatment, no matter where we live. Millions of people suffer and die from preventable or treatable conditions simply because they dont have access to the right treatment. Equalize Health is a not-for-profit medical technology company on a mission to change that. We do this by:1) identifying the biggest gaps and opportunities in health care where tech can do the most good,2) designing affordable, world-class medical products that work in the toughest circumstances, 3) partnering with both global and local actors to ensure our products get to those who need them most. We work across the globe, but with a specific focus in regions where health equity gaps are largest, including South Asia and East Africa. false false 628732 514110 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, voice of customer, safety, and current standard of care. 256424 209677 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. Partnerships were formed for the First 3 Technologies, namely, with Southern Africa OB-GYN and World-Renowned Postpartum Hemorrhage expert, to launch maternawell tray, a simple innovation that will address the leading cause of maternal mortality. 97718 79904 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. By the end of 2022, 2,375 healthcare workers were trained. 15272 12488 998146 true false false false false false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false true OC false false false false false 0 false false false false false false false X 1 1 false false false false false false false true true false false true true true true false false true false false CA X Yan Tomimoto 9256839513 3581 Mt Diablo Blvd Suite 215 Lafayette CA 94549 X William R Brinkman Mgr of Assignee 2.00 0.00 X X 0 0 0 0 false false false 0 33388 33388 GHL-Health Services 620000 816179 816179 816179 1088 1088 0 0 20254 20254 0 165158 189693 -24535 -24535 -24535 0 0 0 Forgiveness of Debt-Operating 900099 392345 392345 392345 1218465 791644 393433 X 0 0 0 0 0 0 0 0 122 122 0 0 32249 32249 850 850 0 0 0 731679 685337 46342 0 864 864 0 0 103185 103185 0 0 0 1379 1379 0 0 23340 1955 21385 India Expenses 138964 138964 Product Related 63799 63799 Other Liquidation Costs 24690 24690 Forfeited Financial Support 21258 21258 6012 4042 1970 1148391 998146 150245 0 196732 121561 0 0 18715 10271 0 0 0 0 26436 0 32554 0 0 0 0 157139 0 86793 0 518369 131832 116501 706515 505931 139526 962542 505931 X -444173 -374099 -444173 -374099 518369 131832 70074 X false false false X 2515227 4712375 2651631 3394517 33388 13307138 0 0 2515227 4712375 2651631 3394517 33388 13307138 4507734 8799404 179 4631 1777 8927 1088 16602 0 44820 113126 52562 58827 392345 661680 13985420 816179 0.62920 0.64970 X 1218465 1218465 1218465 1148391 1148391 1148391 true India 1 10 Program Services general operations 138964 Kenya 1 2 Program Services general operations 4042 2 12 2 12 143006 143006 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Equalize Health complies with US GAAP procedures with a specific focus on grant compliance as it relates to TRNA and resource allocation. The organization keeps detailed, daily timesheets for precise visibility on resources spent on each program vs. overheads. Part I, Line 3f - Method of Accounting Accrual, GAAP compliant. Part I, Line 3f - Investments and Expenditures India: Types of activities: ECHO training program, scaling/delivery, user research, clinical research, and general operations supportExpenses: $138,964# of people: 10Kenya: Types of activities: ECHO training program, scaling/delivery, user research, and general operations supportExpenses: $4,042# of people: 2 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Brilliance: Equalize Health's flagship line of products to manage severe newborn jaundice surpassed treating 1 million babies in late 2020. We partnered with local distributors in East Africa to increase usage of Brilliance in the region, an area where newborn mortality rates are some of the highest in the world. As Brilliance continues to scale via the market, the cost of photo-therapy devices continues to decrease globally. OTHER PROGRAM SERVICES 5: Impact assessment: the organization passed the milestone of 1 million averted DALYS in 2021 from patients treated with Equalize Health's devices. Form 990, Part VI, Section B, Line 11b The Manager of the Assignee reviews and approves the 990. Form 990, Part VI, Section B, Line 12c Prior to January 10, 2023, each member of the Board of Directors received and signed a conflict of interest policy annually. Effective January 10, 2023, the Manager of the Assignee receives and signs a conflict of interest policy annually. Form 990, Part VI, Section B, Line 15a Prior to January 10, 2023, the Board of Directors reviewed and approved the compensation for the CEO and top management. On January 10, 2023, the Board of Directors approved the ABC in favor of the Assignee which included a provision for the Assignee's compensation. Form 990, Part VI, Section C, Line 19 Equalize Health makes its governing documents, conflict of interest policy and financial statements available upon request.