Civic Intelligence

Cardiovascular Innovations Foundation

990EZ • Fiscal year 2016 • EIN 81-3064105

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileN/A
44 Cook StreetDenver, CO 80206

(440) 821-1026

Siviq Scores

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

Liabilities / Assets

96th percentile

1.63x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

5.93x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

3rd percentile

-230%

Higher net margin than 3% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

$37,617

No earlier filing loaded for comparison.

Net Assets

-$23,796

No earlier filing loaded for comparison.

Liabilities

$61,413

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

$10,350

No earlier filing loaded for comparison.

Expenses

$34,146

No earlier filing loaded for comparison.

Net Income

-$23,796

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KAssets 2016: $37,617Liabilities 2016: $61,413Net Assets 2016: -$23,7962016Assets 2017: $146,607Liabilities 2017: $2,537Net Assets 2017: $144,0702017Assets 2018: $209,595Liabilities 2018: $88,398Net Assets 2018: $121,1972018Assets 2019: $154,271Liabilities 2019: $11,262Net Assets 2019: $143,0092019Assets 2020: $557,175Liabilities 2020: $48,537Net Assets 2020: $508,6382020Assets 2021: $1,003,224Liabilities 2021: $32,905Net Assets 2021: $970,3192021Assets 2022: $945,464Liabilities 2022: $5,442Net Assets 2022: $940,0222022Assets 2023: $681,388Liabilities 2023: $24,483Net Assets 2023: $656,9052023Assets 2024: $451,338Liabilities 2024: $3,156Net Assets 2024: $448,1822024

Highlighted filing

2016

Assets$37,617
Liabilities$61,413
Net Assets-$23,796
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $10,350Expenses 2016: $34,146Net Income 2016: -$23,7962016Revenue 2017: $1,320,485Expenses 2017: $1,152,589Net Income 2017: $167,8962017Revenue 2018: $1,894,297Expenses 2018: $1,822,250Net Income 2018: $72,0472018Revenue 2019: $2,137,065Expenses 2019: $2,141,686Net Income 2019: -$4,6212019Revenue 2020: $715,304Expenses 2020: $378,340Net Income 2020: $336,9642020Revenue 2021: $988,545Expenses 2021: $526,864Net Income 2021: $461,6812021Revenue 2022: $1,533,761Expenses 2022: $1,564,058Net Income 2022: -$30,2972022Revenue 2023: $1,510,949Expenses 2023: $1,794,066Net Income 2023: -$283,1172023Revenue 2024: $1,735,327Expenses 2024: $1,944,050Net Income 2024: -$208,7232024

Highlighted filing

2016

Revenue$10,350
Expenses$34,146
Net Income-$23,796
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$10,350
Mission and Program Overview

Mission

Addressing unmet needs in cardiovascular care through the study, design, and development of innovative health care solutions and education of healthcare providers and the larger public.

Program Services

DescriptionGrantsExpenses
Education--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Subhash BanerjeeDirectorPT$0--
Emmanouil S BrilakisDirectorPT$0--
Mehdi H ShishehborDirectorPT$0--
Paul SorajjaDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Cardiovascular Innovations Foundation
EIN
81-3064105
Address
44 Cook Street, Denver, CO 80206

Signing Officer

Name
Paul Sorajja
Title
Director
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Mills Schmitz & Zaloudek LLC
Address
600 17th Street Ste 2800, DENVER, CO 80202
Preparer
Kevin Zaloudek
Phone
3036382016
Supplemental Narrative

Additional Explanations

Other Expenses.1008

“Interest $1”

Other Expenses.1009

“Depreciation $56”

Other Expenses.1012

“Insurance $1129”

Other Expenses.1

“Organizational $5000”

Other Expenses.2

“Payroll service fee $505”

Other Assets.1004

“Miscellaneous - Beginning $0 Miscellaneous - Ending $1069”

Other Assets.1

“Security deposits - Beginning $0 Security deposits - Ending $16740”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $59500”

Total Liabilities.1

“Prior liabilities - Beginning $0 Prior liabilities - Ending $1913”

Raw XML Appendix123 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Paul Sorajja
IRS990EZ/BooksInCareOfDetail/PhoneNum04408211026
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt044 Cook St Ste 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Denver
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080206
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019808
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-23796
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019270
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037617
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt010350
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-23796
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-23796
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Subhash Banerjee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Emmanouil S Brilakis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mehdi H Shishehbor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Paul Sorajja
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt017809
IRS990EZ/OtherExpensesTotalAmt06691
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Addressing unmet needs in cardiovascular care through the study, design, and development of innovative health care solutions and education of healthcare providers and the larger public.
IRS990EZ/ProgramServiceRevenueAmt010350
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Education
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08185
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt061413
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt034146
IRS990EZ/TotalRevenueAmt010350
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/HospitalInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest $1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $56
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organizational $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll service fee $505
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Miscellaneous - Beginning $0 Miscellaneous - Ending $1069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Security deposits - Beginning $0 Security deposits - Ending $16740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $59500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prior liabilities - Beginning $0 Prior liabilities - Ending $1913
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Sorajja
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cardiovascular Innovations Foundation
ReturnHeader/Filer/BusinessNameControlTxt0CARD
ReturnHeader/Filer/EIN0813064105
ReturnHeader/Filer/USAddress/AddressLine1Txt044 Cook Street
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mills Schmitz & Zaloudek LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 17th Street Ste 2800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080202
ReturnHeader/PreparerPersonGrp/PhoneNum03036382016
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kevin Zaloudek
ReturnHeader/ReturnTs02017-11-14T07:30:44-08:00
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
$37,617
Liabilities
$61,413
Net assets
-$23,796
Revenue
$10,350
Expenses
$34,146
Net income
-$23,796
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$1.74$1.94$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$1.51$1.79$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$1.53$1.56$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.97$0.99$0.53$0.46
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.51$0.72$0.38$0.34
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$2.14$2.14$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.09$0.12$1.89$1.82$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.14$1.32$1.15$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.02$0.01$0.03$0.02