Civic Intelligence

International Society for Computerized Electrocardiology

990 • Fiscal year 2019 • EIN 33-0102870

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 06, 2020

Organization ProfileWWW.ISCE.ORG
1000 Potomac St NW Suite 108Washington, DC 20007

(202) 521-6725

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-9.7%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$214,988

Up $43,587 (+25%) from 2018

Net Assets

Up

$214,988

Up $43,587 (+25%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin76th percentile

Revenue

Down

$212,734

Down $22,972 (-9.7%) from 2018

Expenses

Up

$169,147

Up $23,514 (+16%) from 2018

Net Income

Down

$43,587

Down $46,486 (-52%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$300K$200K$100K$0Assets 2015: $86,431Liabilities 2015: $0Net Assets 2015: $86,4312015Assets 2016: $112,550Liabilities 2016: $0Net Assets 2016: $112,5502016Assets 2017: $81,328Liabilities 2017: $0Net Assets 2017: $81,3282017Assets 2018: $171,401Liabilities 2018: $0Net Assets 2018: $171,4012018Assets 2019: $214,988Liabilities 2019: $0Net Assets 2019: $214,9882019Assets 2021: $268,085Liabilities 2021: $0Net Assets 2021: $268,0852021

Highlighted filing

2019

Assets$214,988
Liabilities$0
Net Assets$214,988
Open 2019 Filing

Operations Trend

Revenue Growth34th percentile

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

$300K$200K$100K$0-$100KRevenue 2015: $163,026Expenses 2015: $219,313Net Income 2015: -$56,2872015Revenue 2016: $166,563Expenses 2016: $140,444Net Income 2016: $26,1192016Revenue 2017: $110,246Expenses 2017: $141,468Net Income 2017: -$31,2222017Revenue 2018: $235,706Expenses 2018: $145,633Net Income 2018: $90,0732018Revenue 2019: $212,734Expenses 2019: $169,147Net Income 2019: $43,5872019Revenue 2021: $77,495Expenses 2021: $66,053Net Income 2021: $11,4422021

Highlighted filing

2019

Revenue$212,734
Expenses$169,147
Net Income$43,587
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 6, 2020
Return Version
2018v3.1
Gross Receipts
$212,734
Mission and Program Overview

Mission

Isce is devoted to the advancement of elctrocardiology through the application of computer methods. This is accomplished through conferences on the computerized interpretation of the electrocadiogram, promotion of research, dissemination of research results, stimulation of collaborative links, and relevant communication.

Isce is devoted to the advancement of electrocardiology through the application of computer methods. This is accomplished through conferences on the computerized interpretation of the electrocardiogram, promotion of research, and dissemination of research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$139,728$178,050▲ $38,322
Savings and Temporary Cash Investments$31,673$36,938▲ $5,265
Total Assets$171,401$214,988▲ $43,587
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$138,228$214,988▲ $76,760
Temporarily Rstr Net Assets$33,173--
Total Net Assets Fund Balance$171,401$214,988▲ $43,587
Total Liabilities and Net Assets / Fund Balance$171,401$214,988▲ $43,587
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
David StraussConference Chair
Cees SwenneConference Co-chair
Peter MacfarlanePresident
Jean-philipe CoudercVice President
Dewar FinlayDirector
Joel XueDirector
Johan De BieDirector
Konrad BrockmeierDirector
Marek MalikDirector
Robert LuxDirector
Roger AbaecherliDirector
Saeed BabaeizadehDirector
Shen LuoDirector
Claire SommargrenSecretary
Morry HodgesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,074
Program Service Revenue
$88,495
Investment Income
$2,165
Other Revenue
$0
All Other Contributions
$122,074
Change in Net Assets
$43,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$111,587--$111,587
Fees for Services Management-$34,380-$34,380
Information Technology-$5,710-$5,710
Fees for Services Accounting-$5,600-$5,600
Insurance-$1,409-$1,409
Other Expenses-$144-$144
Office Expenses-$123-$123
Total Functional Expenses$111,587$57,560$0$169,147
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Management duties delegation Part VI line 3

“The organization uses the outside services of an independent company to maintain its books and records, and to perform other related managerial and administrative functions for which it is compensated.”

Members or stockholder classes and rights Part VI line 6

“The organization has two types of members:1) individual membership is for those involved in the study or practice of computerized electrocardiology through clinical work, research, or industry.2) truestee membership is for companies or organizations involved in the study or practice of computerized electrocardiology who are interested in supporting isces conference and other work.”

Member election for additional members Part VI line 7A

“Directors are elected by a vote of the general membership.”

Form 990 governing body review Part VI line 11

“A draft copy of the 990 is provided to the organizations treasurer for review and approval before filing.”

Governing documents etc available to public Part VI line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request at the administrative offices of the organizations management company.”

Filing and Contact Details

Filer

Filer Name
International Society for Computerized Electrocard
EIN
33-0102870
Address
1000 POTOMAC ST NW SUITE 108, WASHINGTON, DC 20007

Signing Officer

Name
Robert Lux
Title
Director
Phone
2025216725
Signed
2020-01-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Macfarlane
Formed
1984
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Innovative Financial Results LLC
Address
24 SULLIVAN CHASE DRIVE, Avondale, PA 19311
Preparer
Robert Williams CPA
Phone
4846800745
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“Asc 740-10 income taxes requires the society to evaluate and disclose tax positions that could have an effect on the societys financial statements. The society reports its activities to the internal revenue service and the state of california on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the societys income, expenditures and activties relate to its exempt purpose, therefore, management has determined that the society is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.”

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION PROMOTES RESEARCH AND DISSEMINATION OF RESEARCH RESULTS THROUGH THE PUBLICATION OF CONFERENCE PROCEEDINGS. THE JOURNAL OF ELECTROCARDIOLOGY IS PUBLISHED FOR MEMBERS OF THE ORGANIZATION, AND IS DEVOTED EXCLUSIVELY TO CLINICAL AND EXPERIMENTAL STUDIES OF THE ELECTRICAL ACTIVITIES OF THE HEART. IT SEEKS TO CONTRIBUTE SIGNIFICANTLY TO THE ACCURACY OF DIAGNOSIS AND PROGNOSIS AND THE EFFECTIVE TREATMENT, PREVENTION, OR DELAY OF HEART DISEASE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10 INCOME TAXES REQUIRES THE SOCIETY TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE SOCIETYS FINANCIAL STATEMENTS. THE SOCIETY REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE SOCIETYS INCOME, EXPENDITURES AND ACTIVTIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE SOCIETY IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES THE OUTSIDE SERVICES OF AN INDEPENDENT COMPANY TO MAINTAIN ITS BOOKS AND RECORDS, AND TO PERFORM OTHER RELATED MANAGERIAL AND ADMINISTRATIVE FUNCTIONS FOR WHICH IT IS COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS TWO TYPES OF MEMBERS:1) INDIVIDUAL MEMBERSHIP IS FOR THOSE INVOLVED IN THE STUDY OR PRACTICE OF COMPUTERIZED ELECTROCARDIOLOGY THROUGH CLINICAL WORK, RESEARCH, OR INDUSTRY.2) TRUESTEE MEMBERSHIP IS FOR COMPANIES OR ORGANIZATIONS INVOLVED IN THE STUDY OR PRACTICE OF COMPUTERIZED ELECTROCARDIOLOGY WHO ARE INTERESTED IN SUPPORTING ISCES CONFERENCE AND OTHER WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE ELECTED BY A VOTE OF THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT COPY OF THE 990 IS PROVIDED TO THE ORGANIZATIONS TREASURER FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE ORGANIZATIONS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214,988
Liabilities
$0
Net assets
$214,988
Revenue
$212,734
Expenses
$169,147
Net income
$43,587
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.77$0.66$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$2.13$1.69$0.44
2018Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$2.36$1.46$0.90
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.10$1.41$0.31
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$1.67$1.40$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.63$2.19$0.56