Civic Intelligence

World Cardiac Vision

990 • Fiscal year 2023 • EIN 85-2285313

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 28, 2024

Organization Profileworldcardiacvision.org
5415 Piper Glen DrCharlotte, NC 28277

(704) 649-1268

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

2023 filings • NTEE E60 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

2023 filings • NTEE E60 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-338%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE E60 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2023 filings • NTEE E60 • <$500k nonprofits • Source year 2023

Asset Growth

91st percentile

94%

Faster asset growth than 91% of similar nonprofits.

2023 filings • NTEE E60 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-89%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • NTEE E60 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets60th percentile

Assets

Flat

$2,062

Flat from 2023

Net Assets

Flat

$2,062

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin4th percentile

Revenue

Flat

$2,100

Flat from 2023

Expenses

Flat

$9,201

Flat from 2023

Net Income

Flat

-$7,101

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$3.0K$2.0K$1.0K$0Assets 2021: $581Liabilities 2021: $0Net Assets 2021: $5812021Assets 2022: $1,062Liabilities 2022: $0Net Assets 2022: $1,0622022Assets 2023: $2,062Liabilities 2023: $0Net Assets 2023: $2,0622023Assets 2023: $2,062Liabilities 2023: $0Net Assets 2023: $2,0622023Assets 2024: $1,918Liabilities 2024: $0Net Assets 2024: $1,9182024

Highlighted filing

2023

Assets$2,062
Liabilities$0
Net Assets$2,062
Open 2023 Filing

Operations Trend

Revenue Growth8th percentile

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

$20K$10K$0-$10KRevenue 2021: $5,000Expenses 2021: $5,424Net Income 2021: -$4242021Revenue 2022: $19,906Expenses 2022: $11,805Net Income 2022: $8,1012022Revenue 2023: $2,100Expenses 2023: $9,201Net Income 2023: -$7,1012023Revenue 2023: $2,100Expenses 2023: $9,201Net Income 2023: -$7,1012023Revenue 2024: $4,200Expenses 2024: $4,344Net Income 2024: -$1442024

Highlighted filing

2023

Revenue$2,100
Expenses$9,201
Net Income-$7,101
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 28, 2024
Return Version
2023v5.0
Gross Receipts
$2,100
Mission and Program Overview

Mission

World Cardiac Vision brings cardiac care training and medical resources to developing countries. Our mission is to improve care for individuals with easily treatable heart diseases in underdeveloped countries. We do this by training local cardiac care professionals in advanced techniques. We also provide local hospitals with essential equipment and resources from our partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,062$2,062▲ $1,000
Total Assets$1,062$2,062▲ $1,000
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,062$2,062▲ $1,000
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,062$2,062▲ $1,000
Total Liabilities and Net Assets / Fund Balance$1,062$2,062▲ $1,000
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Lily BerheChair
Revenue and Support

Revenue Composition

Contributions and Grants
$2,100
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,100
Change in Net Assets
$-7,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,201
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$9,201--$9,201
Total Functional Expenses$9,201$0$0$9,201
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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

“N/A”

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

“World Cardiac Vision regularly and consistently monitors and enforced compliance with the conflict of interest policy during each regularly held board meetings by inquiring with each member regarding their compliance. If a concern or non-compliance of the rule is suspected or mentioned, the board will investigate and follow proper enforcement of the policy, including termination of board membership.”

Form 990, Part VI, Section C, Line 19

“World Cardiac Vision's articles of incorporation can be found on the North Carolina Secretary of State's website. Additional governing documents, including the organization's bylaws, conflict of interest policy and financial statements will be made available upon request.”

Filing and Contact Details

Filer

Filer Name
World Cardiac Vision
EIN
85-2285313
Phone
7046491268
Address
5415 Piper Glen Dr, Charlotte, NC 28277

Signing Officer

Name
Lily Berhe
Title
Chair
Phone
7046491268
Signed
2024-10-28

Organization Details

Principal Officer
Lily Berhe
Formed
2020
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“The change in net assets is due to non-cash contributions made to the Children's Heart Fund of Ethiopia.”

Raw XML Appendix362 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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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0WCV donated medical equipment (handheld ultrasound machine), iPad and Medical Books to assist with diagnostic imaging to Children's Heart Fund of Ethiopia.
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0WCV donated medical equipment (handheld ultrasound machine), iPad and Medical Books to assist with diagnostic imaging to Children's Heart Fund of Ethiopia.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1World Cardiac Vision regularly and consistently monitors and enforced compliance with the conflict of interest policy during each regularly held board meetings by inquiring with each member regarding their compliance. If a concern or non-compliance of the rule is suspected or mentioned, the board will investigate and follow proper enforcement of the policy, including termination of board membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2World Cardiac Vision's articles of incorporation can be found on the North Carolina Secretary of State's website. Additional governing documents, including the organization's bylaws, conflict of interest policy and financial statements will be made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The change in net assets is due to non-cash contributions made to the Children's Heart Fund of Ethiopia.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01062
IRS990/TotalAssetsEOYAmt02062
IRS990/TotalAssetsGrp/BOYAmt01062
IRS990/TotalAssetsGrp/EOYAmt02062
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02100
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09201
IRS990/TotalFunctionalExpensesGrp/TotalAmt09201
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01062
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02062
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt09201
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02100
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02062
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05415 Piper Glen Drive
IRS990/USAddress/CityNm0Charlotte
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028277
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://worldcardiacvision.org
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0Due to unforeseen circumstances, I was not able to file the form 990 in a reasonable timeframe.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Lily Berhe
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum07046491268
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD CARDIAC VISION
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0852285313
ReturnHeader/Filer/PhoneNum07046491268
ReturnHeader/Filer/USAddress/AddressLine1Txt05415 Piper Glen Dr
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028277
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-10-28T19:26:00-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,062
Liabilities
$0
Net assets
$2,062
Revenue
$2,100
Expenses
$9,201
Net income
-$7,101
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.00$1.92$4.20$4.34$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$2.10$9.20$7.10
2023Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$2.10$9.20$7.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$19.9$11.8$8.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$5.00$5.42$0.42