Childrens Cardiomyopathy Foundation Inc
- Assets
- $3.0m
- Revenue
- $890.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Tenafly, NJ
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 75-2986661
Organization Overview
Childrens Cardiomyopathy Foundation Inc is located in Tenafly, NJ. 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. As of 12/2021, Childrens Cardiomyopathy Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Cardiomyopathy 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, Childrens Cardiomyopathy Foundation Inc generated $890.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $841.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Childrens Cardiomyopathy Foundation Inc has awarded 50 individual grants totaling $1,823,333. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE THE SEARCH FOR A CURE BY STIMULATING AND SUPPORTING PROMISING RESEARCH ON PEDIATRIC CARDIOMYOPATHY, BY EDUCATING AND ASSISTING PHYSICIANS AND PATIENTS ON THE COMPLEXITIES OF THE DISEASE, AND BY INCREASING AWARENESS AND ADVOCACY ON BEHALF OF AFFECTED CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT INNOVATIVE RESEARCH RELEVANT TO THE CAUSE, DIAGNOSIS AND/OR TREATMENT OF PEDIATRIC CARDIOMYOPATHY THROUGH RESEARCH GRANT AWARDS AND RESEARCH COLLABORATIONS WITH THE NATIONAL CARDIOMYOPATHY REGISTRY.
HEIGHTEN AWARENESS OF PEDIATRIC CARDIOMYOPATHY AMONG THE GENERAL PUBLIC, PATIENT AND MEDICAL COMMUNITY AND DEVELOP ACCESSIBLE EDUCATIONAL MATERIALS TO MEET THEIR NEEDS.
OFFER SUPPORT SERVICES, RESOURCES AND NETWORKING OPPORTUNITIES TO HELP FAMILIES WITH AFFECTED CHILDREN COPE WITH THE CHALLANGES OF LIVING WITH PEDIATRIC CARDIOMYOPATHY.
GENERATE WIDESPREAD AWARENESS OF THE DISEASE AMONG GOVERNMENT, MEDICAL, AND LAY COMMUNITIES TO PROMOTE INCREASED FOCUS AND FUNDING ON RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Yue Executive Director 1/1/2021-7/31/2021 | OfficerTrustee | 40 | $90,493 |
Brian Nold Treasurer | OfficerTrustee | 2 | $0 |
Raymond Yue Secretary | OfficerTrustee | 2 | $0 |
Won Choi Director | Trustee | 2 | $0 |
Carney Hawks Director | Trustee | 2 | $0 |
Carolyn Kong Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $214,923 |
| Related organizations | $0 |
| Government grants | $151,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $333,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $700,446 |
| Total Program Service Revenue | $0 |
| Investment income | $36,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,786 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $103,450 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $890,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $198,618 |
| 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. | $90,493 |
| Compensation of current officers, directors, key employees. | $12,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $132,756 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,093 |
| Fees for services: Management | $150,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,205 |
| Fees for services: Lobbying | $4,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,174 |
| Advertising and promotion | $0 |
| Office expenses | $7,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,835 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,924 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,821 |
| Insurance | $5,189 |
| All other expenses | $19,797 |
| Total functional expenses | $841,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $947,424 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,028,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $18,342 |
| Other assets | $0 |
| Total assets | $2,994,643 |
| Accounts payable and accrued expenses | $37,892 |
| 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 | $149,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $187,792 |
| Net assets without donor restrictions | $2,781,851 |
| Net assets with donor restrictions | $25,000 |
| 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 | $2,994,643 |
Grants Awarded
Over the last fiscal year, Childrens Cardiomyopathy Foundation Inc has awarded $198,618 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE RESEARCH FOUNDATION FOR SUNY PURPOSE: RESEARCH | $167,518 |
Itasca, IL PURPOSE: RESEARCH | $25,000 |
Saint Louis, MO PURPOSE: RESEARCH | $6,100 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Childrens Cardiomyopathy Foundation Inc has recieved totaling $30,475.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,755 |
Parker Foundation Chicago, IL PURPOSE: GENERAL PURPOSES | $9,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $520 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humc Cardiovascular Partners Pc Edison, NJ | $11,041,395 | $45,317,775 |
The Heart Group Of Lancaster General Health Lancaster, PA | $8,306,445 | $18,701,008 |
Sacred Heart Villa Assisted Living Community Reading, PA | $2,656 | $2,071,500 |
Adult Congenital Heart Association Inc Media, PA | $1,775,522 | $2,125,476 |
Childrens Cardiomyopathy Foundation Inc Tenafly, NJ | $2,994,643 | $890,184 |
International Atherosclerosis Society Woodcliff Lake, NJ | $522,027 | $795,356 |
American Journal Of Hypertension Ltd New York, NY | $7,453,891 | $563,715 |
Foundation For Women And Girls With Blood Disorders Montclair, NJ | $1,570,346 | $760,033 |
Cardiovascular Institute Philadelphia, PA | $711,582 | $487,550 |
Center For Vascular Awareness Inc Latham, NY | $3,489,182 | $633,176 |
Pakistan Childrens Heart Foundation North America Inc Scarsdale, NY | $608,851 | $962,859 |
Con Solatio Brooklyn, NY | $2,132,249 | $310,137 |