The Vascular Disease Foundation Inc

Nonprofit profile at a glance

EIN
841460111
IRS 990 coverage
2010–2010
Forms available
Form 990 2010
Location
Lakewood, CO, USA
Phone
3039890500
Rating confidence
Limited
Sector
Heart and Circulatory System Diseases, Disorders

Official website

Reported finances

Revenue
$1,614,141
Expenses
$1,542,697
Assets
$1,401,807
Liabilities
$105,565

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

20 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the vascular disease foundation is to reduce death and disability from vascular diseases and improve vascular health. The goals of the foundation are: (1) to increase public awareness and concern for vascular diseases and the magnitude of impact on individuals, families, and our diverse society; (2) provide information and educational programs for health care professionals; (3) become a resource for public information related to vascular diseases, providing information and services to patients and their families; and (4) help patients and families affected by vascular diseases by creating grass root patient advocacy and community support networks.

What it reported doing in 2010

Public awareness and patient and physician education. Free quarterly newsletter - "keeping in circulation", provided in print and online to approximately 160,000 health care providers and the public to increase their awareness of vascular disease and other resources available. New brochure "focus on vascular disease" distributed to professionals and the public. Published 10,000 copies. The foundation also participated in an evidence-based workshop to develop data and statistics. The foundation presents several public and research awards for furthering the knowledge of vascular disease.

Operating model

Revenue model
Donor-supported. 86% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: NotEnoughData
  • Transparency & Controls: 55
  • Accountability: 95
  • Sustainability: 54
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 4.4%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 0.91; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 19 of 19 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $84K · 20 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors and foreign activity
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Review — Sustainability: Operating margin scored 58/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.