Cardiovascular Innovations Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 10,350 | 34,146 | −23,796 | -8.4 | — |
| 2017 | 1,320,485 | 1,152,589 | 167,896 | 1.5 | 10% |
| 2018 | 1,894,297 | 1,822,250 | 72,047 | 0.8 | 11% |
| 2019 | 2,137,065 | 2,141,686 | −4,621 | 0.8 | 8% |
| 2020 | 715,304 | 378,340 | 336,964 | 16.1 | 33% |
| 2021 | 988,545 | 526,864 | 461,681 | 22.1 | 28% |
| 2022 | 1,533,761 | 1,564,058 | −30,297 | 7.2 | 10% |
| 2023 | 1,510,949 | 1,794,066 | −283,117 | 4.4 | 8% |
In its most recent public year (2023), this organization spent $283,117 more than it brought in. Its reserves stood at about 4.4 months of spending, up from -8.4 in 2016. Staff pay was 8% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Cardiovascular Innovations Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works