Pacific Heart Lung and Blood Institute
Nonprofit profile at a glance
- EIN
- 383668906
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Westlake Village, CA, USA
- Phone
- 3106253360
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Diseases of Specific Organ Research
Reported finances
- Revenue
- $53
- Expenses
- $299,610
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Claire Cameron (President)
People named in this filing
- Michael Arlen (Director)
- Claire Cameron (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
PHL&B Institute serves as a center of cross-disciplinary scientific research that significantly contributes to discoveries of new treatments for heart, lung and blood diseases, and to provide a platform for medical education for both consumers and professionals.
What it reported doing in 2024
The Board of Directors, in order to ensure that the majority of the money raised was used to perform the purpose of the the mission, decided to dissolve the non-profit and donate its equipment and money to the following non-profit institutions: UCLA and OHSU.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 81.1%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -565,201.9%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 9.4%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -5.7% per year; rating input score 0; 34th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 81.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $243K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.