California Heart Center

Nonprofit profile at a glance

EIN
954772979
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Beverly Hills, CA, US
Phone
(310) 248-8300
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Medical Disciplines Research

Official website

Reported finances

Revenue
$2,858,458
Expenses
$2,777,378
Assets
$843,523
Liabilities
$62,450

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JON KOBASHIGAWA MD (PRESIDENT)

Highest reported compensation

  • EDUARDO MARBAN MD (DIRECTOR): $4,544,961 total reported compensation
  • CHRISTINE SUMBI (SECRETARY): $301,517 total reported compensation
  • SHRUTI SHANTHARAM (DIRECTOR, RESEARCH OPERATIONS): $206,434 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create a truly integrated approach to cardiovascular medicine, combining clinical care, research, and education to improve heart health.

What it reported doing in 2024

The mission of the California heart center foundation is to advance the field of cardiovascular medicine through clinical research initiatives and educational initiatives. Efforts include the pursuit of collaborative research projects which promote a deeper understanding of disease progression and test the efficacy of new strategies for diagnosis and treatment. Areas of research currently being pursued include non-invasive methods to detect organ rejection, novel immunosuppressive agents, immune monitoring strategies, long-term complications such as cardiac allograft vasculopathy, (continued on schedule o)(continuation from form 990, page 2)novel methods for organ procurement and preservation, new mechanical circulatory support devices and pulmonary hypertension. The organization also supports important scientific symposia, which allow for the exchange of ideas among leaders in the field and provide a forum for experts to share their experience and knowledge with other practitioners. The organization resources are also leveraged to support a summer research internship program for undergraduate students with an interest in medicine and/or academic research. Following is a summary of projects and programs implemented in 2024: scientific forums and educational activities:* "success with failure: an advanced heart disease symposium" february 9th, 2024 (culver city)this 1-day symposium on advanced heart disease took place on friday, february 9th, 2024 at the hilton culver city. The symposium provided an in-depth review of diagnostics, therapeutic options and novel treatments in advanced heart failure, mechanical circulatory support and transplantation. The program drew 176 attendees consisting of physicians, allied health professionals, including nurse practitioners, transplant coordinators, physician assistants, rns and case managers from across California.* "ast forum: fellowship task force" february 24th, 2024 (Arizona)sponsored and hosted by the american society of transplantation, the ast fellowship task force forum was designed to provide a platform for an in-depth discussion on the cultivation and development of trainees. To include key stakeholders in all solid organ transplantation (heart, lung, liver, kidney), the meeting facilitated a review of factors impacting trainees and identified potential interventions to further promote the field. The hope is that this conference will be a first step in developing a "tool kit" to address barriers and concerns that may inhibit the pursuit of specialization in transplantation that can be leveraged by individuals, institutions, and allied transplant community groups. (publication of meeting report pending.)* "consensus conference: primary graft dysfunction" april 9th, 2024 (prague)sponsored jointly by the international society for heart and lung transplantation and the California heart center/cedars-sinai heart institute, the 2024 consensus conference on primary graft dysfunction was designed to provide a forum for an in-depth discussion among the leading experts in the field, with a view to evaluating evolving science in this area, as part of an update to the 2013 ishlt consensus conference on pgd. The hope is that this conference will provide a forum to provide further guidance on the efficacy of treatment options for primary graft dysfunction, the utility of risk stratification for pgd using various methodologies, and the potential of reducing the risk of pgd with the advent of new technologies for procurement and preservation of donor hearts. (publication of consensus report pending.)* "thomas d. Gordon visiting professor in advanced heart disease" october 14th-15th, 2024. This annual visiting professorship has continued to be sponsored and organized by dr. Kobashigawa. This year the organization had the honor of hosting dr. Andreas zuckermann, internationally renowned cardiothoracic surgeon and director of cardiac transplantation at medical university of vienna. This visit, hel

Operating model

Revenue model
Affiliate-supported. 74% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 69
  • Accountability: 51
  • Sustainability: 32
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.6%; rating input score 88
  • Program expense ratio: 90.2%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 9th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 20.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 11th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 87.6% of revenue deployed · 90.2% of spending went to programs
  • Governance: 3 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $4.5M · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 30 filed related-organization links
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.