Civic Intelligence

Foundation for Vascular Innovation Inc

990EZ • Fiscal year 2015 • EIN 45-3029438

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization ProfileWWW.VESS.ORG
100 Cummings Center No 124ABeverly, MA 01915

(978) 927-7800

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

58th percentile

6.6%

Faster asset growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-71%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$39,171

Up $2,420 (+6.6%) from 2014

Net Assets

Up

$39,171

Up $2,420 (+6.6%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin71st percentile

Revenue

Down

$16,548

Down $41,511 (-71%) from 2014

Expenses

Down

$14,128

Down $7,180 (-34%) from 2014

Net Income

Down

$2,420

Down $34,331 (-93%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$60K$40K$20K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $36,751Liabilities 2014: $0Net Assets 2014: $36,7512014Assets 2015: $39,171Liabilities 2015: $0Net Assets 2015: $39,1712015Assets 2016: $51,662Liabilities 2016: $0Net Assets 2016: $51,6622016Assets 2017: $32,921Liabilities 2017: $0Net Assets 2017: $32,9212017Assets 2018: $23,495Liabilities 2018: $0Net Assets 2018: $23,4952018

Highlighted filing

2015

Assets$39,171
Liabilities$0
Net Assets$39,171
Open 2015 Filing

Operations Trend

Revenue Growth5th percentile

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

$60K$40K$20K$0-$20KRevenue 2011: $1Expenses 2011: $0Net Income 2011: $12011Revenue 2012: $1Expenses 2012: $0Net Income 2012: $12012Revenue 2013: $1Expenses 2013: $0Net Income 2013: $12013Revenue 2014: $58,059Expenses 2014: $21,308Net Income 2014: $36,7512014Revenue 2015: $16,548Expenses 2015: $14,128Net Income 2015: $2,4202015Revenue 2016: $24,041Expenses 2016: $11,550Net Income 2016: $12,4912016Revenue 2017: $24,270Expenses 2017: $43,011Net Income 2017: -$18,7412017Revenue 2018: $38,688Expenses 2018: $48,114Net Income 2018: -$9,4262018

Highlighted filing

2015

Revenue$16,548
Expenses$14,128
Net Income$2,420
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$16,548
Mission and Program Overview

Mission

To support educational and research activities in the area of vascular disease discovery, prevention and treatment.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION PROVIDES GRANTS FOR RESEARCH ENDEAVORS, TRAINING AND CAREER DEVELOPMENT.$12,500$12,500
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER R NELSON MD MSCFO-$0--
RUTH L BUSH MD JD MPHDirector-$0--
MARTIN R BLACK MDDirector-$0--
W DARRIN CLOUSE MDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Vascular Innovation Inc
EIN
45-3029438
Phone
9789277800
Address
100 CUMMINGS CENTER NO 124A, BEVERLY, MA 01915

Signing Officer

Name
Peter D Nelson Md
Title
CFO
Phone
9789277800
Signed
2016-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Moody Famiglietti & Andronico Llp
Address
1 HIGHWOOD DRIVE, TEWKSBURY, MA 01876
Preparer
Joyce Ripianzi CPA
Phone
9785575300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 48.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: filing fees. Amount: 1,357. Description: bank fees. Amount: 202. Description: other . Amount: 69. Total to form 990-ez, line 16: 1,628.”

Raw XML Appendix143 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANGELA WETHERBEE
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 CUMMINGS CENTER SUITE 124A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEVERLY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER R NELSON MD MS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RUTH L BUSH MD JD MPH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARTIN R BLACK MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3W DARRIN CLOUSE MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01628
IRS990EZ/OtherRevenueTotalAmt048
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT EDUCATIONAL AND RESEARCH ACTIVITIES IN THE AREA OF VASCULAR DISEASE DISCOVERY, PREVENTION AND TREATMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION PROVIDES GRANTS FOR RESEARCH ENDEAVORS, TRAINING AND CAREER DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0AL
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0WWW.VESS.ORG
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IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt074525
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt074525
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058025
IRS990ScheduleA/Total509Grp/TotalAmt074525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058059
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt074607
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 48.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: FILING FEES. AMOUNT: 1,357. DESCRIPTION: BANK FEES. AMOUNT: 202. DESCRIPTION: OTHER . AMOUNT: 69. TOTAL TO FORM 990-EZ, LINE 16: 1,628.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER D NELSON MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09789277800
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR VASCULAR INNOVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0453029438
ReturnHeader/Filer/PhoneNum09789277800
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 CUMMINGS CENTER NO 124A
ReturnHeader/Filer/USAddress/CityNm0BEVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001915
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 HIGHWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEWKSBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001876
ReturnHeader/PreparerPersonGrp/PhoneNum09785575300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYCE RIPIANZI CPA
ReturnHeader/ReturnTs02016-11-15T11:07:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,171
Liabilities
$0
Net assets
$39,171
Revenue
$16,548
Expenses
$14,128
Net income
$2,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$23.5$0.00$23.5$38.7$48.1$9.43
2017Detailed filing. Detailed filing data is available for this year.$32.9$0.00$32.9$24.3$43.0$18.7
2016Detailed filing. Detailed filing data is available for this year.$51.7$0.00$51.7$24.0$11.6$12.5
2015Detailed filing. Detailed filing data is available for this year.$39.2$0.00$39.2$16.5$14.1$2.42
2014Detailed filing. Detailed filing data is available for this year.$36.8$0.00$36.8$58.1$21.3$36.8
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00