Thi Affiliates

Nonprofit profile at a glance

EIN
760314903
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Houston, TX, USA
Phone
8323554011
Rating confidence
Limited
Sector
Health Support Services

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MEREDITH J LONG (PRESIDENT &)
  • MARK MATTSSON (CEO)

Highest reported compensation

  • DENTON A COOLEY MD (VICE PRESIDE): $546,464 total reported compensation
  • MARK MATTSSON (CEO): $412,372 total reported compensation
  • MICHAEL G MCGEE (DIRECTOR/VP): $211,845 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Thi affiliates' (thia) mission is to support cardiovascular research, education and improvements in the care of cardiovascular patients.

What it reported doing in 2015

Thia provides circulatory support services for cardiovascular patients in non-operative and post-operative situations. Circulatory support services consist primarily of monitoring certain cardiac care devices and circulatory support devices. Thia works closely with the Texas heart institute to introduce new technologies, especially mechanical circulatory support devices from the research laboratory to the patient setting. Often the clinical testing of new devices such as heart pumps takes many years even when a device is approved by the united states food and drug administration. The "research" does not end. Thia personnel continue to monitor the performance of approved devices and report findings in public literature, as well as help train medical staff from all over the world in this way. Thia provides a valuable service to the medical world in general.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: 60
  • Accountability: 86
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 10th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -86.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -20.9% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -62.2% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 4 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $546K · 6 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Related organizations: 3 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.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.