Civic Intelligence

Foundation for Vascular Innovation Inc

990EZ • Fiscal year 2016 • EIN 45-3029438

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 22, 2017

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

56th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

92nd percentile

52%

Higher net margin than 92% 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

79th percentile

32%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

45%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$51,662

Up $12,491 (+32%) from 2015

Net Assets

Up

$51,662

Up $12,491 (+32%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin92nd percentile

Revenue

Up

$24,041

Up $7,493 (+45%) from 2015

Expenses

Down

$11,550

Down $2,578 (-18%) from 2015

Net Income

Up

$12,491

Up $10,071 (+416%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth79th 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

2016

Assets$51,662
Liabilities$0
Net Assets$51,662
Open 2016 Filing

Operations Trend

Revenue Growth85th 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

2016

Revenue$24,041
Expenses$11,550
Net Income$12,491
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 22, 2017
Return Version
2016v3.0
Gross Receipts
$24,041
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.$5,000$5,000
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 BACK 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 R Nelson Md
Title
CFO
Phone
9789277800
Signed
2017-03-22
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: 41.”

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

“Description: filing fees. Amount: 2,185. Description: bank fees. Amount: 75. Description: other. Amount: 20. Total to form 990-ez, line 16: 2,280.”

Raw XML Appendix163 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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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT EDUCATIONAL AND RESEARCH ACTIVITIES IN THE AREA OF VASCULAR DISEASE DISCOVERY, PREVENTION AND TREATMENT.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt098525
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt041
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt098648
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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.
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ReturnHeader/BusinessOfficerGrp/PhoneNum09789277800
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ReturnHeader/Filer/EIN0453029438
ReturnHeader/Filer/PhoneNum09789277800
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ReturnHeader/FilingSecurityInformation/IPTm011:51:14
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ReturnHeader/PreparerPersonGrp/PhoneNum09785575300
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ReturnHeader/ReturnTs02017-04-26T06:26:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,662
Liabilities
$0
Net assets
$51,662
Revenue
$24,041
Expenses
$11,550
Net income
$12,491
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