Cardiostart International Incorporated
- Assets
- $280.0k
- Revenue
- $284.3k
- Investments
- $0.0
- Employees
- 2
- Location
- St Petersburg, FL
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 59-3679703
Organization Overview
Cardiostart International Incorporated, operating under the name Cardiostart Usa Inc, is located in St Petersburg, FL. The organization was established in 2002. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Cardiostart USA Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardiostart USA 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, Cardiostart USA Inc generated $284.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $176.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARDIOSTARTS HUMANITARIAN MISSIONS PROVIDE MEDICAL SERVICES TO CHILDREN AND ADULTS IN DEVELOPING COUNTRIES. CARDIOSTART VOLUNTEERS TEACH LOCAL DOCTORS AND NURSES ADVANCED CARDIAC CARE, IMPROVING OUTCOMES AND SAVING LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIMA PERU & AREQUIPA PERU HONORIO DELGADO HOSPITAL: IN MAY, THE DELIVERY OF AN ELECTRONIC WHEELCHAIR TOOK PLACE FOR AN 80-YEAR-OLD HIP FRACTURE PATIENT WHO HAS BEEN UNABLE TO HAVE SURGERY FOR A YEAR DUE TO COVID HOSPITAL RESTRICTIONS. TWO OTHER MOBILITY CHAIRS WERE DELIVERED TO A YOUNG ADULT WHO HAD LOST HER LEFT HAND AND BOTH LEGS DUE TO SEPTICEMIA. IN ADDITION, A DONATION OF VENTILATOR SUPPORT MODULE AND RESPIRATORY DISPOSABLES. A CARDIOSTART RESPIRATORY THERAPIST DID SOME TEACHING TO ASSIST THE COVID DEPARTMENT.
LAGOS NIGERIA NURSING EDUCATION: CARDIOSTART HAS PROVIDED CARDIOVASCULAR SURGICAL ONLINE EDUCATION WITH (35) CRITICAL CARE NURSES AND SUPPORT STAFF AT LAGOS STATE UNIVERSITY TEACHING HOSPITAL. ALSO FACILITATED A PACEMAKER GENERATOR REPLACEMENT AND CONSULTED ON SURGICAL CASES.
ECHO TECH TRAINING IN THIMI, NEPAL: ECHO TECHNICIAN TAUGHT 3 NURSES OVER 5 MONTHS TO DO SCREENING ECHOCARDIOGRAMS.
VARIOUS MISSION TRIPS TO BRAZIL, THE DOMINICAN REPUBLIC, AND NIGERIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janine Henson RN Vice Preside | OfficerTrustee | 40 | $55,500 |
Aubyn Marath Mbbs Ms Frcsed President | OfficerTrustee | 1 | $0 |
Phil Wendschuh MD Chairman | OfficerTrustee | 1 | $0 |
Bill Zeman MD Trustee | Trustee | 1 | $0 |
Vinicius Nina MD Trustee | Trustee | 1 | $0 |
Emily A Farkas MD Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,563 |
| All other contributions, gifts, grants, and similar amounts not included above | $272,711 |
| Noncash contributions included in lines 1a–1f | $109,290 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,274 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $284,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $57,813 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,700 |
| Advertising and promotion | $0 |
| Office expenses | $27,222 |
| Information technology | $1,200 |
| Royalties | $0 |
| Occupancy | $931 |
| Travel | $105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,647 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,710 |
| Insurance | $0 |
| All other expenses | $10,734 |
| Total functional expenses | $176,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,675 |
| Savings and temporary cash investments | $0 |
| 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 | $105,970 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,593 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,719 |
| Total assets | $279,957 |
| 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 | $0 |
| 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 | $279,957 |
| Total liabilities and net assets/fund balances | $279,957 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cardiostart International Incorporated has recieved totaling $25,665.
| Awarding Organization | Amount |
|---|---|
Edwards Lifesciences Foundation Irvine, CA PURPOSE: EVERY HEARTBEAT MATTERS 2025 | $20,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
E&ss Foundation Inc Atlanta, GA | $118,157,057 | $264,264,546 |
Copperhead Charities Inc Palm Harbor, FL | $5,855,870 | $16,276,032 |
Hfsf Grants Management Inc Miami, FL | $164,842,326 | $9,370,110 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
The David Herro Charitable Foundation Palm Beach, FL | $0 | $2,921,972 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
David A Straz Jr Foundation Tampa, FL | $131,621,183 | $77,599,258 |
Stoops Family Foundation Inc Delray Beach, FL | $20,465,985 | $11,384,519 |
Project Akilah Inc Tampa, FL | $3,270,009 | $3,129,345 |
Dadefund Inc Miami, FL | $3,023 | $29,705 |
Key Center Foundation Inc Lecanto, FL | $2,199,130 | $3,104,172 |
Ezra International Melbourne, FL | $2,162,759 | $2,300,769 |