Balanced Frameworx Company Profile
Background
Balanced Frameworx is a nonprofit public benefit corporation established on October 19, 2023, in California. The organization is dedicated to providing financial assistance to amputees and individuals with limb deficiencies, enabling them to acquire necessary prosthetic limbs. Recognizing the challenges faced by those with limb deficiencies—such as the inability to make simple micro-adjustments to maintain balance—Balanced Frameworx aims to restore equilibrium and enhance the quality of life for its beneficiaries.
Key Strategic Focus
The primary objective of Balanced Frameworx is to offer financial support to individuals requiring prosthetic limbs, regardless of whether their limb deficiency resulted from birth, disease, or accident. By focusing on this mission, the organization seeks to fulfill lives by providing the missing piece that restores balance and functionality.
Financials and Funding
As a nonprofit entity, Balanced Frameworx relies on donations and grants to fund its operations and support programs. Specific details regarding total funds raised, recent funding rounds, notable investors, and capital utilization are not publicly disclosed.
Pipeline Development
Balanced Frameworx is committed to expanding its reach and impact by developing programs that address the evolving needs of the limb-deficient community. While specific pipeline initiatives and timelines are not publicly detailed, the organization continues to focus on enhancing its support services.
Technological Platform and Innovation
The organization does not publicly disclose proprietary technologies, scientific methodologies, or AI-driven capabilities. Its primary focus remains on providing financial assistance and support services to individuals in need of prosthetic limbs.
Leadership Team
Balanced Frameworx is led by a dedicated team of professionals committed to its mission:
- Wesley Kong: President and Board Chair
- Lance Cantos: Board Member, District Attorney, San Bernardino, CA
- Bridget Legge: Board Member, CFO at Reliance Management and Consultant Rivers & Moorehead PLLC
- Julias Stewart: Board Member, President/CEO at Stewart-Reed Law Group Inc
- Keith Severson: Board Member, Director of Patient Care and Services at Achilles Prosthetics
Leadership Changes
As of May 16, 2024, there have been no publicly reported significant changes or appointments within the company's leadership team.
Competitor Profile
Market Insights and Dynamics
The prosthetics industry is a vital sector within healthcare, focusing on restoring mobility and functionality to individuals with limb deficiencies. The market is characterized by continuous technological advancements, increasing demand for customized prosthetic solutions, and a growing emphasis on improving the quality of life for amputees.
Competitor Analysis
While Balanced Frameworx operates as a nonprofit organization, it shares the mission of supporting amputees with other entities in the sector. Notable organizations include:
- The Amputee Coalition: A nonprofit dedicated to enhancing the quality of life for amputees through education, support, and advocacy.
- Limbs for Life Foundation: Provides fully functional prosthetic care to individuals who cannot afford it.
- Challenged Athletes Foundation: Supports individuals with physical challenges by providing access to sports and physical activities.
These organizations focus on various aspects of support, including financial assistance, advocacy, and promoting active lifestyles for individuals with limb deficiencies.
Strategic Collaborations and Partnerships
Balanced Frameworx collaborates with healthcare providers, prosthetic manufacturers, and community organizations to identify individuals in need and facilitate the provision of prosthetic limbs. Specific partnership details are not publicly disclosed.
Operational Insights
The organization operates with a clear focus on providing financial assistance for prosthetic limbs, distinguishing itself through its commitment to restoring balance and functionality to individuals with limb deficiencies. This targeted approach allows Balanced Frameworx to effectively address the specific needs of its beneficiaries.
Strategic Opportunities and Future Directions
Balanced Frameworx aims to expand its outreach and support services by increasing fundraising efforts, forming new partnerships, and enhancing program offerings. By leveraging its strengths and focusing on its mission, the organization seeks to positively impact a larger number of individuals requiring prosthetic limbs.
Contact Information
For more information about Balanced Frameworx and its initiatives, please visit their official website or contact them directly through their provided channels.
