Civic Intelligence

Metro Cardiovascular Research Foundation Inc.

EIN 34-1559229 • 501(c)3 • Cleveland, OH

Pub. 78 Eligible

Profile

To find a cure for cardiovascular disease.

2500 Metro Health Drive APT S341Cleveland, OH 44109-1900

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

63rd percentile

6.0%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

98th percentile

598%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$354,997

Up $20,027 (+6.0%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$354,997

Up $20,027 (+6.0%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin90th percentile

Revenue

Up

$11,873

Up $10,172 (+598%) from 2024

Expenses

Down

$5,897

Down $62 (-1.0%) from 2024

Net Income

Up

$5,976

Up $10,234 (+240%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $235,322Net Assets 2012: $235,3222012Assets 2013: $244,366Net Assets 2013: $244,3662013Assets 2014: $249,433Net Assets 2014: $249,4332014Assets 2015: $257,944Net Assets 2015: $257,9442015Assets 2016: $258,212Net Assets 2016: $258,2122016Assets 2017: $265,324Net Assets 2017: $265,3242017Assets 2018: $274,488Net Assets 2018: $274,4882018Assets 2019: $273,946Liabilities 2019: $0Net Assets 2019: $273,9462019Assets 2020: $271,092Liabilities 2020: $0Net Assets 2020: $271,0922020Assets 2021: $326,967Liabilities 2021: $0Net Assets 2021: $326,9672021Assets 2022: $292,856Liabilities 2022: $0Net Assets 2022: $292,8562022Assets 2023: $297,822Liabilities 2023: $0Net Assets 2023: $297,8222023Assets 2024: $334,970Liabilities 2024: $0Net Assets 2024: $334,9702024Assets 2025: $354,997Liabilities 2025: $0Net Assets 2025: $354,9972025

Highlighted filing

2025

Assets$354,997
Liabilities$0
Net Assets$354,997
Open 2025 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10K-$20KRevenue 2012: $10,299Expenses 2012: $22,714Net Income 2012: -$12,4152012Revenue 2013: $6,779Expenses 2013: $9,851Net Income 2013: -$3,0722013Revenue 2014: $11,342Expenses 2014: $14,147Net Income 2014: -$2,8052014Revenue 2015: $15,432Expenses 2015: $4,760Net Income 2015: $10,6722015Revenue 2016: $12,952Expenses 2016: $10,338Net Income 2016: $2,6142016Revenue 2017: $7,176Expenses 2017: $10,556Net Income 2017: -$3,3802017Revenue 2018: $7,685Expenses 2018: $5,576Net Income 2018: $2,1092018Revenue 2019: $13,842Expenses 2019: $5,488Net Income 2019: $8,3542019Revenue 2020: $9,846Expenses 2020: $4,908Net Income 2020: $4,9382020Revenue 2021: $8,872Expenses 2021: $5,615Net Income 2021: $3,2572021Revenue 2022: $13,401Expenses 2022: $5,660Net Income 2022: $7,7412022Revenue 2023: $9,765Expenses 2023: $5,282Net Income 2023: $4,4832023Revenue 2024: $1,701Expenses 2024: $5,959Net Income 2024: -$4,2582024Revenue 2025: $11,873Expenses 2025: $5,897Net Income 2025: $5,9762025

Highlighted filing

2025

Revenue$11,873
Expenses$5,897
Net Income$5,976
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$354,997
Liabilities
$0
Net assets
$354,997
Revenue
$11,873
Expenses
$5,897
Net income
$5,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.55$0.00$3.55$0.12$0.06$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.02$0.06$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.10$0.05$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$0.13$0.06$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$0.09$0.06$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.10$0.05$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.14$0.05$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.74$2.74$0.08$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.65$2.65$0.07$0.11$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.58$2.58$0.13$0.10$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.58$2.58$0.15$0.05$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.49$2.49$0.11$0.14$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$2.44$0.07$0.10$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$2.35$0.10$0.23$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Aug 31, 2025
Return Version
2024v5.2
Gross Receipts
$11,873
Mission and Program Overview

Mission

To find a cure for cardiovascular disease.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$334,970$349,997▲ $15,027
Other Notes and Loans Receivable, Net-$5,000-
Total Assets$334,970$354,997▲ $20,027
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$334,970$354,997▲ $20,027
Total Net Assets Fund Balance$334,970$354,997▲ $20,027
Total Liabilities and Net Assets / Fund Balance$334,970$354,997▲ $20,027

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$152,275$152,275
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Meera KondapaneniPresident
Kenneth LauritaVice-President
M Farhan NasserSecretary
Ashish AnejaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$11,873
Other Revenue
$0
Change in Net Assets
$5,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,897
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
Fees for Service Investment Mgmnt Fees-$3,397-$3,397
Fees for Services Accounting-$1,425-$1,425
Other Expenses$950$125-$125
Total Functional Expenses$950$4,947$0$5,897
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section C, Line 19

“The Foundation complies with the IRS rules regarding making certain documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Metro Cardiovascular Research Foundation
EIN
34-1559229
Phone
2167787493
Address
2500 Metro Health Drive APT S341, Cleveland, OH 44109-1900

Signing Officer

Name
Meera Kondapaneni MD
Title
President
Phone
2167787493
Signed
2025-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meera Kondapaneni MD
Formed
1988
Legal Domicile
Oh
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
J Hall & Associates Inc CPAs
Address
30628 Detroit Road 234, Westlake, OH 44145
Preparer
John D Hall CPA
Phone
4405270301
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 11A

“Form 990 is distributed to the executive committee members for review and final approval.”

Raw XML Appendix283 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/GrossReceiptsAmt011873
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IRS990/InvestmentIncomeGrp/ExclusionAmt011873
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ReturnHeader/TaxPeriodEndDt02025-07-31
ReturnHeader/TaxYr02024

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