Ischemia Research & Education Foundation
- Assets
- $3.5m
- Revenue
- $204.3k
- Investments
- $3.2m
- Employees
- 0
- Location
- Hillsborough, CA
- Founding
- 07/1992
- Data as of
- 09/2023
- EIN
- 94-3084194
Organization Overview
Ischemia Research & Education Foundation is located in Hillsborough, CA. The organization was established in 1992. 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. Ischemia Research & 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 09/2023, Ischemia Research & Education Foundation generated $204.3k in total revenue. All expenses for the organization totaled $19.1k during the year ending 09/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO CONDUCT, SUPERVISE, AND FUND RESEARCH ACTIVITIES DESIGNED TO PROMOTE THE ADVANCEMENT OF KNOWLEDGE OF HEART DISEASE. MORE SPECIFICALLY, THE ORGANIZATION WILL RESEARCH BETTER AND SAFER METHODS OF DETECTING HEART ATTACK BEFORE, DURING AND AFTER SURGERY. THE RESULTS OF THIS RESEARCH WILL BE DISSEMINATED TO MEDICAL SCHOOLS, HOSPITALS, CLINICS, ENGINEERING AND PHARMACEUTICAL COMPANIES, DOCTORS, RESEARCHES, AS WELL AS THE GENERAL PUBLIC.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,050 |
| Interest on Savings | $2 |
| Dividends & Interest | $4,297 |
| 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 | $0 |
| Total Revenue | $204,349 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $175 |
| Contributions, gifts, grants paid | $18,919 |
| Total expenses and disbursements | $19,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,206 |
| Savings and temporary cash investments | $260,909 |
| 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 | $310,664 |
| Net Land, buildings, and equipment | $1,644 |
| Other assets | $0 |
| Total assets | $3,477,113 |
| Accounts payable and accrued expenses | $2,630,713 |
| 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 | $9,181,251 |
| Total liabilities | $11,811,964 |