Cardiovascular Outcomes Inc
- Assets
- $4.0m
- Revenue
- $97.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Weston, MO
- Founding
- 07/2002
- Data as of
- 12/2019
- EIN
- 37-1419769
Organization Overview
Cardiovascular Outcomes Inc is located in Weston, MO. The organization was established in 2002. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. Cardiovascular Outcomes 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 12/2019, Cardiovascular Outcomes Inc generated $97.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $559.2k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATION TO THE ADVANCEMENT OF OUTCOMES RESEARCH AND QUALITY ASSESSMENT/IMPROVEMENT IN CARDIOVASCULAR DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER 18 YEARS IN EXISTENCE, THE ORGANIZATION FELT THAT A MORE SUBSTAINABLY MEANS OF SUPPORTING THE ORGANIZATIONS'S MISSION OF ADVANCEMENT OF OUTCOMES RESEARCH AND QUALITY ASSESSMENT/IMPROVEMENT IN CARDIOVASCULAR DISEASE WAS TO GRANT THE FOUNDATION ITS ASSETS.
TRIUMPH-ANT & TRIUMPH EXPANSION STUDY: DURING 2019, PUBLISHING WAS ACTIVE FROM THE TRIUMPH-ANT (TRANSLATIONAL RESEARCH INVESTIGATING UNDERLYING DISPARITIES IN ACUTE MYOCARDIAL INFARCTION PATIENTS' HEALTH STATUS WITH ANEMIA/CREATININE ASSESSMENTS) STUDY AS WELL AS THE TRIUMPH EXPANSION STUDY WHICH ANALYZED REHOSPITALIZATION RECORDS FOR TRIUMPH PATIENTS. SEVERAL SCIENTIFIC ABSTRACTS AND ARTICLES WERE PUBLISHED IN 2019.
LICENSING: THE RIGHTS TO SUBLICENSE SEVERAL DISEASE-SPECIFIC HEALTH STATUS INSTRUMENTS ARE HELD BY CVO. THE SEATTLE ANGINA QUESTIONNAIRE (SAQ), THE KANSAS CITY CARDIOMYOPATHY QUESTIONNAIRE (KCCQ), AND THE PERIPHERAL ARTERIAL QUESTIONNAIRE (PAQ) ARE LICENSED TO RESEARCHERS THROUGH CVO. DURING 2019, ZERO LICENSES WERE AWARDED TO ACADEMIC AND NOT-FOR-PROFIT RESEARCHERS INTERESTED IN PATIENT CENTERED, DISEASE-SPECIFIC HEALTH STATUS FOR CARDIOVASCULAR ILLNESSES.
PREMIER: PUBLISHING FROM THE PREMIER REGISTRY (PROSPECTIVE REGISTRY EVALUATING OUTCOMES AFTER MYOCARDIAL INFARCTION: EVENTS AND RECOVERY) REMAINS A LARGE PART OF CVO'S ACCOMPLISHMENTS. THE EXTENSIVE DATABASE CONTINUES TO BE USED BY MULTIPLE INVESTIGATORS, PHYSICIANS AND NURSES ALIKE, FOR SEVERAL PUBLICATIONS THIS YEAR. WHILE PREMIER HAS BEEN COMPLETE, THERE WAS AN OUTSTANDING (AND NOT REMEMBERED) PAYMENT DUE TO SAINT LUKE'S HOSPITAL FOR STAFF TIME DURING 2005-2007 FOR >400,000. IT WAS PAID DURING DECEMBER 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harlan Krumholz MD Secretary | OfficerTrustee | 2 | $0 |
Mikhail Kosiborod MD Trustee | OfficerTrustee | 2 | $0 |
John Spertus MD MPH President | OfficerTrustee | 10 | $0 |
Harlan Krumholz MD Secretary | OfficerTrustee | 0.25 | $0 |
Mikhail Kosiborod MD Trustee | OfficerTrustee | 0.25 | $0 |
John Spertus MD MPH President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $118,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$21,159 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,983,314 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,700 |
| Fees for services: Accounting | $2,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,251 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $146 |
| Information technology | $667 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,469 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $476,443 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,331 |
| All other expenses | $54,300 |
| Total functional expenses | $559,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,996,144 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,996,144 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,996,144 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,996,144 |