Form 990 for tax year 2022
Filed by AMERICAN CARDIOVASCULAR RESEARCH FOUNDATION INC.
Totals
- Total revenue
- $32,531
- Total expenses
- $88,901
- Contributions and grants received
- $2,788
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $29,743
- Other revenue
- $0
- Total assets, end of year
- $135,743
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $135,743
- Program services expenses (Part IX)
- $81,072
- Management and general expenses
- $7,829
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $81,072
Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,788
-
3 · Investment income
total $3,644 · excluded $3,644
-
7a · Gross sales of assets other than inventory
securities $240,610
-
7b · Less cost or other basis and sales expenses
securities $214,511
-
7c · Gain or loss
securities $26,099
-
7d · Net gain or loss
total $26,099 · excluded $26,099
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $4,800 · management and general $4,800
-
11f · Fees: investment management
total $1,719 · management and general $1,719
-
24a · Other expenses: RESEARCH EXPENSE
total $52,000 · program services $52,000
-
24b · Other expenses: CLINICAL RESEARCH EXPEN
total $29,072 · program services $29,072
-
24c · Other expenses: UNREALIZED LOSS ON FMV
total $1,054 · management and general $1,054
-
24d · Other expenses: CUSTODIAN FEES
total $150 · management and general $150
-
24e · All other expenses
total $106 · management and general $106
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $10,638 · end of year $135,743
-
11 · Investments: publicly traded securities
beginning of year $181,475 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $192,113 · end of year $135,743
Mission and programs · 2022
Mission
SUPPORT CLINICAL AND EXPERIMENTAL SCIENTIFIC INVESTIGATIONS OF THE CAUSES OF AND TREATMENTS FOR HEART DISEASES.
Activities or mission (Part I)
SUPPORT CLINICAL AND EXPERIMENTAL SCIENTIFIC INVESTIGATIONS OF THE CAUSES OF AND TREATMENTS FOR HEART DISEASE.
-
STATISTICAL RESEARCH RELATED TO THE CAUSES OF AND TREATMENTS FOR HEART DISEASE.
Expenses $81,072
As filed on the 2022 return.
Listed in Part VII
-
Sara BrookSARA BROOK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael LobelMICHAEL LOBEL
SEC/TREAS
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeannie SchiavoneJEANNIE SCHIAVONE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420459349301137
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