Overview
What is Cardiovascular Innovations Foundation?
The Cardiovascular Innovations Foundation is a nonprofit organization dedicated to addressing unmet needs in cardiovascular care. They achieve this by engaging in research and development to create innovative healthcare solutions. Their mission extends beyond the medical field, as they also aim to educate both healthcare professionals and the general public about these advancements. By doing so, they contribute to the broader goal of enhancing cardiovascular care and outcomes.
Official website here: www.cvinnovations.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
The Cardiovascular Innovations Foundation has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which is a critical area noted for good governance. Additionally, there are several missing policies, such as conflict of interest and whistleblower protections, which are essential for transparency and ethical management.
On a positive note, the foundation has a high program expense ratio of 83.48%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs. This focus on program spending may reflect a commitment to fulfilling its mission. Furthermore, the organization maintains a low liabilities to assets ratio, indicating a stable financial condition in this respect.
However, the absence of financial statements and other critical documentation raises red flags about the overall financial transparency of the organization. Without these essential documents, potential donors may find it challenging to assess the organization's financial health and operational integrity fully. Overall, while the Cardiovascular Innovations Foundation shows promise in certain areas, its governance and transparency issues warrant careful consideration from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cardiovascular Innovations Foundation legitimate?
Cardiovascular Innovations Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardiovascular Innovations Foundation 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: $150,001
For more financial information, click here
Official website here: www.cvinnovations.org
What is the mission statement of Cardiovascular Innovations Foundation?
The Cardiovascular Innovations Foundation strives to tackle unmet needs in cardiovascular care. They achieve this by conducting research, designing innovative healthcare solutions, and developing these solutions. Furthermore, they promote education among healthcare providers and the general public, aiming to enhance knowledge and understanding in this field. This foundation plays a vital role in advancing cardiovascular care and improving the lives of those affected.
Official website here: www.cvinnovations.org
Who is the CEO of Cardiovascular Innovations Foundation?
Subhash Banerjee is the Director of Cardiovascular Innovations Foundation.
Official website here: www.cvinnovations.org
What is the revenue of Cardiovascular Innovations Foundation?
Cardiovascular Innovations Foundation's revenue in 2022 was $1,533,761.
Official website here: www.cvinnovations.org
Who are the executives of Cardiovascular Innovations Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cvinnovations.org
Where can I find the form 990 for Cardiovascular Innovations Foundation?
Cardiovascular Innovations Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvinnovations.org
Learn more at the official website: www.cvinnovations.org
Mission Statement of Cardiovascular Innovations Foundation
The Cardiovascular Innovations Foundation is committed to addressing unmet needs in cardiovascular care. They accomplish this by engaging in comprehensive research, designing innovative healthcare solutions, and developing these advancements. Furthermore, they play a crucial role in educating both healthcare providers and the broader public about these developments. By doing so, they aim to improve the overall quality of cardiovascular care and contribute to better health outcomes.
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Impact
July, 2024
Cardiovascular Innovations Foundation is making a significant impact by addressing unmet needs in cardiovascular care. Through the study, design, and development of innovative healthcare solutions, they are improving the quality of care for patients with cardiovascular conditions. Additionally, their educational programs are empowering healthcare providers and the larger public with knowledge and resources to better understand and address cardiovascular health issues. This impactful work is crucial in advancing the field of cardiovascular care and ultimately improving patient outcomes.
This information is meant to be a general summary of Cardiovascular Innovations Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,533,761
Assets and Liabilities:
- Total Assets: $945,464
- Total Liabilities: $5,442
- Net Assets: $940,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Event Exhibit Income
Event Registration Fees
Organization Details
Founding Year
2016
Principal Officer
Subhash Banerjee
Main Address
44 Cook Street 100, Denver, CO, 80206
Website
www.cvinnovations.orgNTEE Category
Code: E60 - Health
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