Academy of Cardiovascular Sciences Foundation USA Inc

Nonprofit profile at a glance

EIN
200023370
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-EZ 2024, Form 990-N 2022
Location
Montclair, CA, USA
Phone
4026903667
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Heart and Circulatory System Diseases, Disorders

Reported finances

Revenue
$232,259
Expenses
$255,129
Assets
$35,507
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Naranjan S Dhalla (President and Director)

People named in this filing

  • Naranjan S Dhalla (President and Director)
  • Devendra K Agrawal (Director-Treasurer-Secretary)
  • Grant Pierce (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The overall mission of the Academy of Cardiovascular Sciences Foundation USA Inc. is to critically review exchange information and disseminate the current knowledge on the underlying pathogenesis of cardiovascular diseases and translational approaches into prevention novel diagnostic and treatment strategies and enhance collaboration. Major emphasis is to provide educational experience and mentoring to young scientists. The goals are achieved by regular webinars annual meeting scientific programs with many invited established scientists and health professionals from all over the world. We offer regular webinar series on cardiovascular science topics by top notch scientists and physicians. In the annual meeting we offer mentoring sessions to young researchers.

What it reported doing in 2025

2025 Conference expenses: Cost for the photography 1550 Audio-Visual operating cost 2400 Poster boards cost Ross Event Productions In. #12225 dated 12 02 25 for scientific poster presentation at Mandalay Bay hotel 2340 Car gas and taxi expense 246.31 Invited speakers airfare purchase 506.63 of Dr. Mina Chung travel expense reimbursement 785.21 to Dr. Kathryn Moore Meeting support and travel expense to 3 assistants- Jacqueline Clark Cynthia Rodriquez and Natalie Hernandez 2,381.06 Las Vegas Web designers cost - Peter Sanchez and Lorenzo Loera 3,092.48 Word Press website fee and other cost 515; General Material and supplies for the conference 4421

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 67
  • Accountability: 52
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.9%; rating input score 98
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 81.8%; rating input score 82; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Limited
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 78.9%; rating input score 79; 23rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 24.6% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -30.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 97.9% of revenue deployed · 89.1% of spending went to programs
  • Governance: 15 of 19 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $227K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 36 of 43 current checks pass · 7 findings to review
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX FeesForServicesLegal column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX ForeignGrants column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX Occupancy column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX Travel column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.