Civic Intelligence

Foundation for Advanced Cardiovascular and Education Train

990EZ • Fiscal year 2016 • EIN 26-3122805

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

4708 Alliance Blvd Pavilion I 500Plano, TX 75093

(972) 832-7752

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$40,505

No earlier filing loaded for comparison.

Net Assets

$40,505

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$85,950

No earlier filing loaded for comparison.

Expenses

$45,445

No earlier filing loaded for comparison.

Net Income

$40,505

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2016: $40,505Net Assets 2016: $40,5052016Assets 2017: $358,339Liabilities 2017: $0Net Assets 2017: $358,3392017Assets 2018: $802,149Liabilities 2018: $0Net Assets 2018: $802,1492018Assets 2019: $629,535Liabilities 2019: $0Net Assets 2019: $629,5352019Assets 2020: $529,300Liabilities 2020: $0Net Assets 2020: $529,3002020Assets 2021: $780,205Liabilities 2021: $0Net Assets 2021: $780,2052021Assets 2022: $883,002Liabilities 2022: $0Net Assets 2022: $883,0022022Assets 2023: $940,611Liabilities 2023: $25,930Net Assets 2023: $914,6812023Assets 2024: $547,744Liabilities 2024: $21,881Net Assets 2024: $525,8632024

Highlighted filing

2016

Assets$40,505
Liabilities-
Net Assets$40,505

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $85,950Expenses 2016: $45,445Net Income 2016: $40,5052016Revenue 2017: $1,156,454Expenses 2017: $838,620Net Income 2017: $317,8342017Revenue 2018: $883,705Expenses 2018: $439,895Net Income 2018: $443,8102018Revenue 2019: $943,544Expenses 2019: $1,116,158Net Income 2019: -$172,6142019Revenue 2020: $461,553Expenses 2020: $561,788Net Income 2020: -$100,2352020Revenue 2021: $753,901Expenses 2021: $502,996Net Income 2021: $250,9052021Revenue 2022: $868,230Expenses 2022: $765,433Net Income 2022: $102,7972022Revenue 2023: $1,363,207Expenses 2023: $1,331,528Net Income 2023: $31,6792023Revenue 2024: $2,040,783Expenses 2024: $2,429,601Net Income 2024: -$388,8182024

Highlighted filing

2016

Revenue$85,950
Expenses$45,445
Net Income$40,505
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$85,950
Mission and Program Overview

Mission

The foundation's tax exempt purpose is to promote and facilitate physician access to quality continuing medical education through facet's accredited cme program. The activities will update physicians on new diagnosis and treatment modalities, improve clinical skills, and improve patient outcomes.

The foundation's tax exempt purpose is to conduct medical educational meetings for physicians, fellows and allied health professionals in the field of cardiovascular medicine.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION WAS ORGANIZED TO CONDUCT MEDICAL EDUCATIONAL MEETINGS FOR PHYSICIANS, FELLOWS AND ALLIED HEALTH PROFESSIONALS IN THE FIELD OF CARDIOVASCULAR MEDICINE. THE FOUNDATION COMMENCED OPERATIONS IN 2016 AND FOCUSED ITS MEDICAL EDUCATIONAL ACTIVITIES ON TWO EVENTS: THE ADVANCED TRANSRADIAL SUMMIT - THIS MEDICAL EDUCATIONAL EVENT WAS CONDUCTED ON MAY 21, 2016. THERE WERE 114 ATTENDEES CONSISTING OF PHYSICIANS, NURSES, RAD TECHS, PHYSICIAN ASSISTANTS, MEDICAL ADMINISTRATIVE PERSONNEL AND OTHER INDUSTRY PROFESSIONAL THAT OBTAINED INSIGHT AS TO HOW TO BETTER SELECT AND EVALUATE APPROPRIATE DIAGNOSTICS TESTS TO DETERMINE WHETHER TRANSRADIAL PROCEDURE IS BEST OPTION FOR THE PATIENT; IDENTIFY RISKS AND BENEFITS OF TRANSRADIAL PROCEDURES; AND TO RECOGNIZE AND INITIATE MANAGEMENT OF THE TRANSRADIAL TEAM. DALLAS LEIPZIF - IN 2016 PLANNING WAS DONE FOR AN EDUCATIONAL EVENT HELD FEBRUARY 17-18, 2017. THERE WERE 940 ATTENDEES CONSISTING OF PHYSICIANS, NURSES, RAD TECHS, PHYSICIAN ASSISTANTS, MEDICAL ADMINISTRATIVE PERSONNEL AND OTHER INDUSTRY PROFESSIONAL THAT LEARNED OF NEW TECHNOLOGIES FOR DIAGNOSTIC TOOLS, PHARMACOLOGIC DRUGS FOR THE MANAGEMENT OF SYMPTOMS, AS WELL AS NEW DEVICES INCLUDING VALVES FOR SURGERY.-$45,445
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHRYN HOBBSDirectorPT$0--
DAVID L BROWN MDDirector-$0--
MICHAEL J MACK MDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Advanced Cardiovascu
EIN
26-3122805
Phone
9728327752
Address
4708 ALLIANCE BLVD PAVILION I 500, PLANO, TX 75093

Signing Officer

Name
Kathryn Hobbs
Title
Director
Phone
9728327752
Signed
2017-11-14

Preparer

Firm
Burds Reed & Mercer Pc
Address
4131 N CENTRAL EXPRESSWAY STE 700, DALLAS, TX 75204
Preparer
Jerry W Dickson
Phone
2142192600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Dallas leipzig conference marketing 300 office expenses 43 buses and transportation 103 dues & subscriptions 45 food & beverage 1,886 dallas radial summit office expenses 372 travel 1,033 airfare 663 membership/credentialing 1,329 meals and entertainment 3,438 expenses miscellaneous 1,858 total 11,070

Form 990-ez, Part III

The foundation's tax exempt purpose is to conduct medical educational meetings for physicians, fellows and allied health professionals in the field of cardiovascular medicine.

Form 990-ez, Part III, Line 28

The foundation was organized to conduct medical educational meetings for physicians, fellows and allied health professionals in the field of cardiovascular medicine. The foundation commenced operations in 2016 and focused its medical educational activities on two events: the advanced transradial summit - this medical educational event was conducted on may 21, 2016. There were 114 attendees consisting of physicians, nurses, rad techs, physician assistants, medical administrative personnel and other industry professional that obtained insight as to how to better select and evaluate appropriate diagnostics tests to determine whether transradial procedure is best option for the patient; identify risks and benefits of transradial procedures; and to recognize and initiate management of the transradial team. Dallas leipzif - in 2016 planning was done for an educational event held february 17-18, 2017. There were 940 attendees consisting of physicians, nurses, rad techs, physician assistants, medical administrative personnel and other industry professional that learned of new technologies for diagnostic tools, pharmacologic drugs for the management of symptoms, as well as new devices including valves for surgery.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION WAS ORGANIZED TO CONDUCT MEDICAL EDUCATIONAL MEETINGS FOR PHYSICIANS, FELLOWS AND ALLIED HEALTH PROFESSIONALS IN THE FIELD OF CARDIOVASCULAR MEDICINE. THE FOUNDATION COMMENCED OPERATIONS IN 2016 AND FOCUSED ITS MEDICAL EDUCATIONAL ACTIVITIES ON TWO EVENTS: THE ADVANCED TRANSRADIAL SUMMIT - THIS MEDICAL EDUCATIONAL EVENT WAS CONDUCTED ON MAY 21, 2016. THERE WERE 114 ATTENDEES CONSISTING OF PHYSICIANS, NURSES, RAD TECHS, PHYSICIAN ASSISTANTS, MEDICAL ADMINISTRATIVE PERSONNEL AND OTHER INDUSTRY PROFESSIONAL THAT OBTAINED INSIGHT AS TO HOW TO BETTER SELECT AND EVALUATE APPROPRIATE DIAGNOSTICS TESTS TO DETERMINE WHETHER TRANSRADIAL PROCEDURE IS BEST OPTION FOR THE PATIENT; IDENTIFY RISKS AND BENEFITS OF TRANSRADIAL PROCEDURES; AND TO RECOGNIZE AND INITIATE MANAGEMENT OF THE TRANSRADIAL TEAM. DALLAS LEIPZIF - IN 2016 PLANNING WAS DONE FOR AN EDUCATIONAL EVENT HELD FEBRUARY 17-18, 2017. THERE WERE 940 ATTENDEES CONSISTING OF PHYSICIANS, NURSES, RAD TECHS, PHYSICIAN ASSISTANTS, MEDICAL ADMINISTRATIVE PERSONNEL AND OTHER INDUSTRY PROFESSIONAL THAT LEARNED OF NEW TECHNOLOGIES FOR DIAGNOSTIC TOOLS, PHARMACOLOGIC DRUGS FOR THE MANAGEMENT OF SYMPTOMS, AS WELL AS NEW DEVICES INCLUDING VALVES FOR SURGERY.
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