The Heart Institute of Dayton

Nonprofit profile at a glance

EIN
300502367
IRS 990 coverage
2011–2019
Forms available
Form 990 2019
Location
Dayton, OH, USA
Phone
9372798660
Rating confidence
Limited
Sector
Heart and Circulatory System Diseases, Disorders

Official website

Reported finances

Revenue
$0
Expenses
$228,558
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • C DAVID JOFFE MD (PRESIDENT (THROUGH MARCH))

Highest reported compensation

  • ELOISE P BRONER (BOARD CHAIR): $908,151 total reported compensation
  • GEORGE T BRODERICK JR MD (TRUSTEE): $744,934 total reported compensation
  • RAJAN KRISHNAMANI MD (TRUSTEE): $719,004 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To diminish the impact of heart disease on the people of the dayton region, first through educational opportunities in heart and vascular practice for physicians and healthcare professionals, and then through public education and outreach.

What it reported doing in 2019

The heart institute of dayton (thid) unveiled the first hands-free cpr kiosk in the city of dayton. The kiosk is a collaboration between thid, the miami valley division of the american heart association and the dayton international airport. The kiosk, located on concourse a, will provide the opportunity to access training that may be needed in a lifesaving situation. The kiosk features an interactive touchscreen, brief video, and a practice session with a rubber torso. In about 5 minutes, travelers can learn how simple it is to perform two steps of hands-only cpr.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 77
  • Accountability: 48
  • Sustainability: 1
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 11.1%; rating input score 11; 17th 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: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 121.8%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 1.1% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: -16% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -35.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 85.1% of spending went to programs
  • Governance: 1 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $194K in reported program spending
  • Leadership: top reported pay $908K · 10 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 8 filing years from 2011 to 2019
  • Contacts: How to reach this organization
  • Related organizations: 31 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.

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 — Accountability: Independent voting board scored 11/100.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.