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Saha Foundation For Cardiovasculer Research

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611352749 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Saha Foundation For Cardiovasculer Research?

The Saha Foundation for Cardiovascular Research is a nonprofit organization based in Lexington, Kentucky, that is dedicated to conducting medical research in the field of cardiovascular health. Their mission has resulted in a substantial revenue of $316,294 in the previous year. The foundation's primary focus is on cardiovascular research, aiming to contribute to advancements in this vital area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)

The Saha Foundation for Cardiovascular Research has received a "Needs Improvement" rating from Charity Navigator, indicating some concerns regarding its transparency and governance practices. While the foundation maintains a strong financial position, evidenced by a 100% program expense ratio and a 0% liabilities to assets ratio, there are significant gaps in its accountability measures. The organization boasts a fully independent board, which is a positive aspect of its governance.

However, the foundation faces criticism for missing key policies and documentation that are essential for maintaining trust and accountability. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which together contribute to its overall low score in accountability and finance. Furthermore, the absence of financial statements available to the public is a notable limitation, as it raises questions about transparency in how funds are utilized.

Despite these weaknesses, the foundation's commitment to program expenses signifies a focus on its mission. Moving forward, addressing the noted deficiencies in policy and documentation could enhance its credibility and rating, fostering greater confidence among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Saha Foundation For Cardiovasculer Research legitimate?

Saha Foundation For Cardiovasculer Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saha Foundation For Cardiovasculer Research submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Saha Foundation For Cardiovasculer Research?

The Saha Foundation for Cardiovascular Research is dedicated to conducting medical research in the field of cardiovascular health. Its primary objective is to advance our understanding of heart-related conditions and contribute to the development of improved treatments. The foundation managed to generate a revenue of $316,294 last year, demonstrating its commitment and impact in the field. Despite not providing explicit information about its broader goals or how it aims to improve lives beyond research, it is safe to infer that the foundation seeks to contribute to the betterment of cardiovascular health through scientific exploration and discovery.

Who is the CEO of Saha Foundation For Cardiovasculer Research?

Rani Saha is the Treasurer of Saha Foundation For Cardiovasculer Research.

What is the revenue of Saha Foundation For Cardiovasculer Research?

Saha Foundation For Cardiovasculer Research's revenue in 2022 was $615,081.

Who are the executives of Saha Foundation For Cardiovasculer Research and what are their salaries?


Here are 5 key members and their salaries:


Sibu P Saha (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Saha (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rani Saha (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shubin Saha (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Psimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Saha Foundation For Cardiovasculer Research?

Saha Foundation For Cardiovasculer Research's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Saha Foundation For Cardiovasculer Research

The Saha Foundation for Cardiovascular Research is dedicated to advancing medical research in the field of cardiovascular health. With a strong focus on this area, the foundation has amassed a significant revenue of $316,294 in its recent year of operation. This nonprofit organization is committed to making substantial contributions to the understanding and treatment of cardiovascular disorders, aiming to improve the overall health of individuals worldwide.

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Impact




July, 2024

The Saha Foundation For Cardiovascular Research conducts medical research in cardiovascular health, striving to advance understanding and treatment of heart-related conditions. Through its dedicated efforts, the foundation contributes to the development of innovative therapies, diagnostic tools, and prevention strategies in the field of cardiovascular medicine. Additionally, the foundation's work helps to improve patient outcomes, enhance quality of life, and reduce the burden of cardiovascular diseases on individuals and healthcare systems.




This information is meant to be a general summary of Saha Foundation For Cardiovasculer Research. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$615,081 (2022)
Expenses
$228,187 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $92,751
  • Gross Receipts: $814,086

Assets and Liabilities:

  • Total Assets: $2,372,032
  • Total Liabilities: $0
  • Net Assets: $2,372,032

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Organization Details

Founding Year

1999

Principal Officer

Rani Saha

Main Address

2533 LARKIN ROAD 200, LEXINGTON, KY, 40503

NTEE Category

Code: H194 - Medical research

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