BETHESDA, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CENTER FOR ADVANCING INNOVATION INC, founded in 2012, is a micro nonprofit in the Science & Technology sector that reported $13K in total revenue in fiscal year 2025. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $451K exceeded revenue, resulting in a 3349% operating deficit.
THE CENTER FOR ADVANCING INNOVATION (CAI) IS A GLOBAL PUBLIC-PRIVATE PARTNERSHIP NON-PROFIT FOCUSED ON CREATING A VIRTUOUS CIRCLE OF INNOVATION AND DRIVING GROWTH BREAKTHROUGHS THROUGH NOVEL, CREATIVE PARADIGMS AND MODELS. CAI'S MISSION IS TO ACCELERATE AND INCREASE THE VOLUME OF RESEARCH COMMERCIALIZATION IN SUPPORT OF HIGH GROWTH BUSINESS IN ORDER TO IGNITE ENTREPRENEURSHIP, BOLSTER THE GLOBAL ECONOMY AND MAXIMIZE THE COMMERCIAL AND KNOWLEDGE-BASED POTENTIAL OF PROMISING INVENTIONS. CAI'S AWARD-WINNING CHALLENGE-BASED ACCELERATOR, RIGOROUS FACT-BASED DUE DILIGENCE AND CAPITAL EFFICIENT LEAN MANAGEMENT MODELS SERVE TO HYPER-ACCELERATE "GAZELLE" HIGH- PERFORMING STARTUPS FOR OUTSIZED INVESTOR RETURNS.
The Global Health Innovation Challenge II (GHIC II) is orchestrated by the Center for Advancing Innovation (CAI) with support from the United States Economic Development Administration (EDA) Build to...
The Global Health Innovation Challenge II (GHIC II) is orchestrated by the Center for Advancing Innovation (CAI) with support from the United States Economic Development Administration (EDA) Build to Scale (B2S) Program. As with CAI's prior challenges, teams will advance promising de-risked inventions selected with rigorous due diligence by potential investors and industry experts. Teams may also enter with their own commercially-viable inventions. CAI invites anyone to submit an idea with the potential to hyper-accelerate the future of health. An expert judging panel will select winners from the pool of teams, advancing promising inventions.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $13,076 | $432,823 | -1.0% |
| Expenses | $450,997 | $711,225 | -0.4% |
| Net Income | $-437,921 | $-278,402 | +0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROSEMARIE TRUMAN | CEO | 40 |
Officer
Director
|
$170,250 | $0 | $170,250 |
| CODY LOCKE | CHIEF INNOVATION OFFICER | 40 |
Officer
|
$170,250 | $0 | $170,250 |
| NICK DONOFRIO | CHAIRMAN | 0 |
Director
|
$0 | $0 | $0 |
| GIL PRICE | DIRECTOR | 0 |
Director
|
$0 | $0 | $0 |
| REGINALD SEETO | DIRECTOR | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $13,076 | $450,997 | $299,168 | $-437,921 |
| 2024 | $432,823 | $711,225 | $875,820 | $-278,402 |
| 2023 | $309,563 | $752,351 | $1,167,399 | $-442,788 |
| 2022 | $637,435 | $847,024 | $1,628,888 | $-209,589 |
| 2021 | $319,748 | $715,187 | $1,838,004 | $-395,439 |
| 2020 | $1,279,885 | $870,052 | $2,241,443 | $409,833 |
| 2019 | $1,861,847 | $754,542 | $1,812,064 | $1,107,305 |
| 2018 | $672,166 | $1,138,840 | $695,909 | $-466,674 |
Compare THE CENTER FOR ADVANCING INNOVATION INC with other nonprofits in Maryland and across the country.