International Society for Heart & Lung Transplantation

Nonprofit profile at a glance

EIN
363142246
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Chicago, IL, USA
Phone
3122241261
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$7,118,392
Expenses
$7,543,693
Assets
$19,183,052
Liabilities
$2,746,617

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

Leadership & pay

21 people listed

Executive titles in this filing

  • CHRISTIAN BENDEN (PRESIDENT)
  • JASON CHRISTIE (PAST PRESIDENT)
  • JOSEF STEHLIK (PRESIDENT-ELECT)
  • GREGORY SCHULTZ (CEO)

Highest reported compensation

  • GREGORY SCHULTZ (CEO): $438,179 total reported compensation
  • JACQUELINE SCHWEINZGER (DIRECTOR OF MEETINGS): $168,722 total reported compensation
  • SUSAN BESSNER (DIRECTOR OF EDUCATION): $160,297 total reported compensation

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

Overview

Mission

The mission of the society is:1. To associate persons interested in the fields of heart and lung transplantation, end-stage heart and lung disease, and related sciences.2. To encourage and stimulate basic and clinical research in these disciplines andto promote new therpeutic strategies.3. To hold scientific meetings featuring presentations and discussions relevant tothese disciplines.4. To sponsor a scientific journal for the publication of manuscripts related tothese disciplines.5. To establish and maintain an international registry for heart and lung transplantation.6. To award research grants and establish endowments for the study of thesedisciplines.

What it reported doing in 2024

Academies: for the purpose of developing an enduring resource of education in core competencies and masters' level expertise in the fields of cardiopulmonary transplantation, mechanical and biological support of the failing heart, and advanced lung disease (including pulmonary vascular disease), the society hosts a varying number of academies annually. These educational programs include educational presentations and facilitated discussion designed to foster knowledge sharing to improve patient outcomes.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 84% 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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82%; rating input score 82
  • Program expense ratio: 84.8%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 96.4%; rating input score 96; 31st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -6%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 2.54; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 13.9%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 82% of revenue deployed · 84.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $6.4M in reported program spending
  • Leadership: top reported pay $438K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $208K reported
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes foreign activity, grants, and executive pay
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.