Civic Intelligence

Houston Aortic Symposium Inc

EIN 46-4518003 • 501(c)3 • Houston, TX

Profile

To plan, sponsor, organize, conduct, and host certain scientific and educational symposiums, conferences, and other potential meetings for the purpose of educating medical doctors and physicians and other medical researchers and health professionals on the latest research and developments in the primary practice area of cardiovascular disease. Specifically, such educational symposiums will present global and hybrid developments in the cardiovascular practice area and assist in disseminating such global knowledge to the medical community which will benefit patients who suffer from cardiovascular and related disease. The houston aortic symposium,inc. Is designed for cardiac surgeons, cardiologists, vascular surgeons, internists, family practice physicians, anesthesiologists, cardiac nurses, nurse practitioners, physician assistants, residents, and other healthcare professionals involved in the care and treatment of patients with cardiovascular diseases.

6400 Fannin St Ste 2850Houston, TX 77030

www.houstonaorticsymposium.com

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

58th percentile

8.8%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

2.1%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$465,000

Up $43,880 (+10%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$465,000

Up $43,880 (+10%) from 2023

Revenue

Up

$500,666

Up $10,156 (+2.1%) from 2023

Expenses

Up

$456,786

Up $22,485 (+5.2%) from 2023

Net Income

Down

$43,880

Down $12,329 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $154,962Liabilities 2015: $0Net Assets 2015: $154,9622015Assets 2016: $217,642Liabilities 2016: $0Net Assets 2016: $217,6422016Assets 2017: $241,292Liabilities 2017: $0Net Assets 2017: $241,2922017Assets 2018: $221,751Liabilities 2018: $0Net Assets 2018: $221,7512018Assets 2019: $273,863Liabilities 2019: $0Net Assets 2019: $273,8632019Assets 2020: $367,918Liabilities 2020: $0Net Assets 2020: $367,9182020Assets 2021: $367,918Liabilities 2021: $0Net Assets 2021: $367,9182021Assets 2022: $364,911Liabilities 2022: $0Net Assets 2022: $364,9112022Assets 2023: $421,120Liabilities 2023: $0Net Assets 2023: $421,1202023Assets 2024: $465,000Liabilities 2024: $0Net Assets 2024: $465,0002024

Highlighted filing

2024

Assets$465,000
Liabilities$0
Net Assets$465,000

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $483,861Expenses 2015: $455,734Net Income 2015: $28,1272015Revenue 2016: $554,060Expenses 2016: $491,380Net Income 2016: $62,6802016Revenue 2017: $520,715Expenses 2017: $497,065Net Income 2017: $23,6502017Revenue 2018: $385,978Expenses 2018: $405,519Net Income 2018: -$19,5412018Revenue 2019: $487,980Expenses 2019: $435,868Net Income 2019: $52,1122019Revenue 2020: $473,529Expenses 2020: $379,474Net Income 2020: $94,0552020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $490,235Expenses 2022: $493,242Net Income 2022: -$3,0072022Revenue 2023: $490,510Expenses 2023: $434,301Net Income 2023: $56,2092023Revenue 2024: $500,666Expenses 2024: $456,786Net Income 2024: $43,8802024

Highlighted filing

2024

Revenue$500,666
Expenses$456,786
Net Income$43,880

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$490,235
Mission and Program Overview

Mission

To hold an annual scientific and educational meeting on topics pertinent to aortic disease and its treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$367,918$364,911▼ $3,007
Cash and Non-Interest-Bearing Accounts$269,489$341,118▲ $71,629
Prepaid Expenses and Deferred Charges$98,429$23,793▼ $74,636
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$367,918$364,911▼ $3,007
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$367,918$364,911▼ $3,007
Total Liabilities and Net Assets / Fund Balance$367,918$364,911▼ $3,007
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hazim J Safi MdDirector, President, Treas
Anthony L Estrera MdDirector, Vice President
Charles C Miller Iii PhdDirector
Kamal G Khalil MdDirector
Kristofer M Charlton-ouw MdDirector
Ali Azizzadeh MdDirector, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$423,700
Program Service Revenue
$66,535
Investment Income
$0
Other Revenue
$0
All Other Contributions
$423,700
Change in Net Assets
$-3,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,242
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
Travel$110,644--$110,644
Advertising$33,067--$33,067
All Other Expenses$33,059--$33,059
Other Expenses$29,883--$29,883
Fees for Services Accounting$7,448--$7,448
Total Functional Expenses$493,242$0$0$493,242
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
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the president. It is kept on file for review by all governing body or general public on request for 3 years.

Form 990, Part VI, Section B, Line 12C

Board members must disclose conflicts prior to any vote on a contract or transaction that might present a potential conflict as stated in the bylaws. Directors should provide written disclosures annually.

Form 990, Part VI, Section C, Line 19

Copies are available upon request

Filing and Contact Details

Filer

Filer Name
Houston Aortic Foundation
EIN
46-4518003
Phone
7134865100
Address
6400 FANNIN ST STE 2850, HOUSTON, TX 77030

Signing Officer

Name
Hazim J Safi Md
Title
Director, President, Treasurer
Phone
7134865100
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hazim J Safi Md
Formed
2015
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
9

Preparer

Firm
Miller Grossbard Advisors Llp
Address
600 N SHEPHERD DR SUITE 200, HOUSTON, TX 77007
Preparer
Adam Barr
Phone
7136223960
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The corporation shall engage in activities including, but not limited to, the following: (i) planning, sponsoring, organizing, conducting, and/or hosting certain scientific and educational symposiums, conferences, and other potential meetings for the purpose of educating medical doctors and physicians and other medical researchers and health professionals on the latest research and developments in the primary practice area of cardiovascular disease; (ii) organizing, developing, and/or sustaining certain activities and programs (including, but not limited to, the "living with vascular disease; engagement and outreach network or "live-on") that provide survivorship support to people with aortic disease and their families, facilitate patient-expert engagement and educational opportunities, and generally advance research aimed at understanding and improving the quality of life and condition management of such patients and their families; and (iii) any and all other activities or endeavors as the board of directors of the corporation may deem necessary or appropriate to further such purposes.

Raw XML Appendix339 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, PRESIDENT, TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION SHALL ENGAGE IN ACTIVITIES INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: (I) PLANNING, SPONSORING, ORGANIZING, CONDUCTING, AND/OR HOSTING CERTAIN SCIENTIFIC AND EDUCATIONAL SYMPOSIUMS, CONFERENCES, AND OTHER POTENTIAL MEETINGS FOR THE PURPOSE OF EDUCATING MEDICAL DOCTORS AND PHYSICIANS AND OTHER MEDICAL RESEARCHERS AND HEALTH PROFESSIONALS ON THE LATEST RESEARCH AND DEVELOPMENTS IN THE PRIMARY PRACTICE AREA OF CARDIOVASCULAR DISEASE; (II) ORGANIZING, DEVELOPING, AND/OR SUSTAINING CERTAIN ACTIVITIES AND PROGRAMS (INCLUDING, BUT NOT LIMITED TO, THE "LIVING WITH VASCULAR DISEASE; ENGAGEMENT AND OUTREACH NETWORK OR "LIVE-ON") THAT PROVIDE SURVIVORSHIP SUPPORT TO PEOPLE WITH AORTIC DISEASE AND THEIR FAMILIES, FACILITATE PATIENT-EXPERT ENGAGEMENT AND EDUCATIONAL OPPORTUNITIES, AND GENERALLY ADVANCE RESEARCH AIMED AT UNDERSTANDING AND IMPROVING THE QUALITY OF LIFE AND CONDITION MANAGEMENT OF SUCH PATIENTS AND THEIR FAMILIES; AND (III) ANY AND ALL OTHER ACTIVITIES OR ENDEAVORS AS THE BOARD OF DIRECTORS OF THE CORPORATION MAY DEEM NECESSARY OR APPROPRIATE TO FURTHER SUCH PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE PRESIDENT. IT IS KEPT ON FILE FOR REVIEW BY ALL GOVERNING BODY OR GENERAL PUBLIC ON REQUEST FOR 3 YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS MUST DISCLOSE CONFLICTS PRIOR TO ANY VOTE ON A CONTRACT OR TRANSACTION THAT MIGHT PRESENT A POTENTIAL CONFLICT AS STATED IN THE BYLAWS. DIRECTORS SHOULD PROVIDE WRITTEN DISCLOSURES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0493242
IRS990/TotalProgramServiceRevenueAmt066535
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt066535
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0490235
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0364911
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0110644
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/USAddress/CityNm0HOUSTON
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IRS990/USAddress/ZIPCd077030
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTP://WWW.HOUSTONAORTICSYMPOSIUM.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HAZIM J SAFI MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR, PRESIDENT, TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07134865100
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOUSTON AORTIC FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0(FKA HOUSTON AORTIC SYMPOSIUM INC)
ReturnHeader/Filer/BusinessNameControlTxt0HOUS
ReturnHeader/Filer/EIN0464518003
ReturnHeader/Filer/PhoneNum07134865100
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077030
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462958029
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILLER GROSSBARD ADVISORS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 N SHEPHERD DR SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077007
ReturnHeader/PreparerPersonGrp/PhoneNum07136223960
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM BARR
ReturnHeader/ReturnTs02023-11-15T09:54:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HAZIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAFI MD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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