Oklahoma Heart Research And Education Foundation
- Assets
- $380.4k
- Revenue
- $410.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 73-1432360
Organization Overview
Oklahoma Heart Research And Education Foundation is located in Tulsa, OK. The organization was established in 2008. 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. Oklahoma Heart Research And Education Foundation 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, Oklahoma Heart Research And Education Foundation generated $410.6k 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 $338.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OHREF HAS APPROX 20-40 CLINICAL RESEARCH TRIALS ONGOING AT ANY ONE TIME DURING THE YEAR. TRIALS INVOLVE NEWER TREATMENT STRATEGIES OR AGENTS IN CARDIOVASCULAR MEDICINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne N Leimbach Jr M D President | 1 | $0 | |
Alan M Kaneshige M D Director | 0 | $0 | |
Robert C Sonnenschein M D Secretary | 0 | $0 | |
Gregory D Johnsen M D Director | 0 | $0 | |
Roger D Des Prez M D Director | 0 | $0 | |
Edward T Martin M D Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,590 |
| Interest on Savings | $321 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $406,726 |
| Total Revenue | $410,637 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7 |
| Depreciation | $0 |
| Occupancy | $12,098 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $163,674 |
| Total operating and administrative expenses | $338,129 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $338,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,135 |
| Savings and temporary cash investments | $316,287 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $380,422 |
| Accounts payable and accrued expenses | $2,338 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,338 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Institute Houston, TX | $283,896,438 | $58,909,835 |
Leducq Foundation For Cardiovascular Research Houston, TX | $65,970,226 | $8,208,035 |
Can Do Multiple Sclerosis Avon, CO | $2,506,301 | $2,524,184 |
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK | $1,593,414 | $1,143,021 |
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX | $940,251 | $444,645 |
Oklahoma Heart Research And Education Foundation Tulsa, OK | $380,422 | $410,637 |
Championship Hearts Foundation Austin, TX | $19,949 | $292,532 |
Ep Live Foundation Overland Park, KS | $308,151 | $205,000 |
Kansas City Heartrhytm Research Foundation Overland Park, KS | $544,256 | $350,399 |
Housten Center For Vascular Health Houston, TX | $69,087 | $0 |
Coastal Heart Foundation San Antonio, TX | $117,119 | $8,564 |
Masons Give A Heart Foundation Inc Raymore, MO | $14,419 | $0 |