Cardiovascular Research Foundation Inc
- Assets
- $401.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owensboro, KY
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 30-0057331
Organization Overview
Cardiovascular Research Foundation Inc is located in Owensboro, KY. The organization was established in 2002. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardiovascular Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cardiovascular Research Foundation Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $173.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO ASSIST IN THE PREVENTION OF CARDIOVASCULAR DISEASE AND PERIPHERAL VASCULAR DISEASE THROUGH EDUCATIONAL PROGRAMS AND CLINICAL RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dattatrya Prajapati President | 3 | $0 | |
Nilesh Sangoi Secretary/treasurer | 5 | $0 | |
Mahendra C Maru Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,027 |
| Total Revenue | $3,527 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $173 |
| Total expenses | $173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $401,947 |
| Other assets | $0 |
| Total assets | $401,947 |
| Total liabilities | $23,100 |
| Net assets or fund balances | $378,847 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prairie Research And Education Cooperative Springfield, IL | $4,345,359 | $3,470,955 |
Society Of Interventional Radiology Foundation Fairfax, VA | $8,417,546 | $1,833,608 |
Hypertension Institute Foundation Nashville, TN | $63,129 | $480,371 |
Midwest Cardiovascular Research And Education Foundation Elkhart, IN | $280,009 | $386,719 |
Virginia Cardiac Services Quality Initiative South Riding, VA | $535,945 | $228,171 |
Kentucky Heart Foundation Inc Ashland, KY | $569,027 | $4,678 |
Cardiac Surgery Research And Education Foundation Mokena, IL | $83,520 | $0 |
Harlan E Moore Heart Research Foundation Champaign, IL | $3,138,734 | $85,454 |
Pediatric Congenital Heart Association Inc Elgin, IL | $20,321 | $0 |
Jones Endovascular Institute Nfp Flossmoor, IL | $46,361 | $0 |
Pediatric Congenital Heart Association West Chester, OH | $88,952 | $0 |
Translational Raas Interest Group Norfolk, VA | $18,925 | $38,640 |