Charleston Cardiology Research Foundation

EIN 55-0709377 • 501(c)3 • Annapolis, MD

Profile

Maintain a medical research organization to engage in clinical study and research to diagnose, treat, prevent & control heart disease

11 President Point Drive No B1Annapolis, MD 21403-2394

n/A

Siviq Scores

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

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2014

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2014

-5235%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

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 2014

-42%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

-95%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets60th percentile

Assets

Down

$69,248

Down $50,100 (-42%) from 2013

Liabilities

Flat

Flat from 2013

Net Assets

$69,248

No earlier filing loaded for comparison.

Operations

Liabilities / Revenue62nd percentile Net Margin2nd percentile

Revenue

Down

$957

Down $18,502 (-95%) from 2013

Expenses

$51,057

Up $46,026 (+915%) from 2013

Net Income

Down

-$50,100

Down $64,528 (-447%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

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

Highlighted filing

2014

Assets$69,248

Liabilities$0

Net Assets$69,248

Open 2014 Filing

Operations Trend

Revenue Growth6th percentile

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

Highlighted filing

2014

Revenue$957

Expenses$51,057

Net Income-$50,100

Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $69,248
Liabilities: $0
Net assets: $69,248
Revenue: $957
Expenses: $51,057
Net income: -$50,100

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2014Detailed filing. Detailed filing data is available for this year.	$0.69	$0.00	$0.69	$0.01	$0.51	$0.50
2013Summary only. Only limited summary data is available for this year.	$1.19	$0.00		$0.19	$0.05	$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.05	$0.00	$1.05	$0.03	$0.02	$0.02
2011Summary only. Only limited summary data is available for this year.	$1.03	$0.00		$0.08	$0.18	$0.10

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jul 1, 2013 to Jun 30, 2014
Signed: Nov 14, 2014
Return Version: 2013v3.0
Gross Receipts: $25,806

Mission and Program Overview

Mission

Maintain a medical research organization to engage in clinical study and research to diagnose, treat, prevent & control heart disease

Program Services

Description	Grants	Expenses
CONTINUED RESEARCH FOR IMPROVEMENTS IN THE TREATMENT OF HEART DISEASE	$50,000	$0

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
STAFFORD G WARREN MD	President	-	$0	-	-

Filing and Contact Details

Filer

EIN: 55-0709377
Phone: 3045452889

Signing Officer

Name: Stafford Warren Md
Title: President
Phone: 3045452889
Signed: 2014-11-14
Discuss with paid preparer: Yes

Preparer

Preparer: Joyce Burdette CPA
Phone: 3043434126

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: rbc wealth management-dividends. Amount: 1,127. Description: rbc wealth management-capital gain. Amount: 847. Total included on form 990-ez, line 4: 1,974.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: research grant. Grantee name: duke university. Grantee address: 1525 west wt harris blvd - 2c2 charlotte, nc 28262. Grantee relationship: grantee. Property description: cash. Method used to determine book value: fmv. Book value of property: 25,000. Date of gift: 12/09/13. Amount given: 25,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: research grant. Grantee name: duke university. Grantee address: 1525 west wt harris blvd - 2c2 charlotte, nc 28262. Grantee relationship: grantee. Property description: cash. Method used to determine book value: fmv. Book value of property: 25,000. Date of gift: 04/03/14. Amount given: 25,000. Total included on form 990-ez, line 10: 50,000.”

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

“Description: investment fees. Amount: 1,057.”

Raw XML Appendix111 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1	0	DR STAFFORD WARREN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	3045452889
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	11 PRESIDENT POINT DRIVE APT B1
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	ANNAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	214032394
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	119348
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	69248
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	24849
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-50100
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	119348
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	69248
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-1017
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	50000
IRS990EZ/GrossReceiptsAmt	0	25806
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	1974
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	119348
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	69248
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	119348
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	69248
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	STAFFORD G WARREN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	1057
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	MAINTAIN A MEDICAL RESEARCH ORGANIZATION TO ENGAGE IN CLINICAL STUDY AND RESEARCH TO DIAGNOSE, TREAT, PREVENT & CONTROL HEART DISEASE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	CONTINUED RESEARCH FOR IMPROVEMENTS IN THE TREATMENT OF HEART DISEASE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	50000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	23832
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	51057
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	957
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/HospitalNameAndAddressGrp/CityNm	0	ANNAPOLIS
IRS990ScheduleA/HospitalNameAndAddressGrp/StateAbbreviationCd	0	MD
IRS990ScheduleA/HospitalNameAndAddressGrp/SupportedOrganizationName/BusinessNameLine1	0	ANNE ARUNDEL MEDICAL CENTER INC
IRS990ScheduleA/MedicalResearchOrganizationInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: RBC WEALTH MANAGEMENT-DIVIDENDS. AMOUNT: 1,127. DESCRIPTION: RBC WEALTH MANAGEMENT-CAPITAL GAIN. AMOUNT: 847. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,974.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: RESEARCH GRANT. GRANTEE NAME: DUKE UNIVERSITY. GRANTEE ADDRESS: 1525 WEST WT HARRIS BLVD - 2C2 CHARLOTTE, NC 28262. GRANTEE RELATIONSHIP: GRANTEE. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE BOOK VALUE: FMV. BOOK VALUE OF PROPERTY: 25,000. DATE OF GIFT: 12/09/13. AMOUNT GIVEN: 25,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: RESEARCH GRANT. GRANTEE NAME: DUKE UNIVERSITY. GRANTEE ADDRESS: 1525 WEST WT HARRIS BLVD - 2C2 CHARLOTTE, NC 28262. GRANTEE RELATIONSHIP: GRANTEE. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE BOOK VALUE: FMV. BOOK VALUE OF PROPERTY: 25,000. DATE OF GIFT: 04/03/14. AMOUNT GIVEN: 25,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: INVESTMENT FEES. AMOUNT: 1,057.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	STAFFORD WARREN MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3045452889
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	CHARLESTON CARDIOLOGY RESEARCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	CHAR
ReturnHeader/Filer/EIN	0	550709377
ReturnHeader/Filer/PhoneNum	0	3045452889
ReturnHeader/Filer/USAddress/AddressLine1	0	11 PRESIDENT POINT DRIVE NO B1
ReturnHeader/Filer/USAddress/City	0	ANNAPOLIS
ReturnHeader/Filer/USAddress/State	0	MD
ReturnHeader/Filer/USAddress/ZIPCode	0	214032394
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	550538163
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	SUTTLE & STALNAKER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	1411 VIRGINIA ST E STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	25301
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3043434126
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JOYCE BURDETTE CPA
ReturnHeader/ReturnTs	0	2014-11-17T09:00:08-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-07-01
ReturnHeader/TaxPeriodEndDt	0	2014-06-30
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.