Civic Intelligence

La Jolla Cardiovascular Research

EIN 95-4488794 • 501(c)3 • LA Jolla, CA

Profile

The organization was formed to conduct scientific research into the causes and treatment of cardiac and cardiovascular conditions and diseases.

9834 Genesee Avenue 114LA Jolla, CA 92037

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

100th percentile

2034%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

Asset Growth

42nd percentile

-7.6%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$114,688

Down $9,397 (-7.6%) from 2013

Liabilities

Flat

$0

Flat from 2013

Net Assets

Down

$114,688

Down $9,397 (-7.6%) from 2013

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$462

Down $3,016 (-118%) from 2013

Expenses

Down

$8,935

Down $16,721 (-65%) from 2013

Net Income

Up

-$9,397

Up $13,705 (+59%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$150K$100K$50K$0Assets 2011: $145,383Liabilities 2011: $02011Assets 2012: $147,187Liabilities 2012: $0Net Assets 2012: $147,1872012Assets 2013: $124,085Liabilities 2013: $0Net Assets 2013: $124,0852013Assets 2014: $114,688Liabilities 2014: $0Net Assets 2014: $114,6882014

Highlighted filing

2014

Assets$114,688
Liabilities$0
Net Assets$114,688
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20K-$40KRevenue 2011: $19,291Expenses 2011: $30,698Net Income 2011: -$11,4072011Revenue 2012: $34,622Expenses 2012: $32,818Net Income 2012: $1,8042012Revenue 2013: $2,554Expenses 2013: $25,656Net Income 2013: -$23,1022013Revenue 2014: -$462Expenses 2014: $8,935Net Income 2014: -$9,3972014

Highlighted filing

2014

Revenue-$462
Expenses$8,935
Net Income-$9,397
Open 2014 Filing

Filings

Most recent year

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

Open filing
Assets
$114,688
Liabilities
$0
Net assets
$114,688
Revenue
-$462
Expenses
$8,935
Net income
-$9,397
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.00$0.09$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.03$0.26$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.35$0.33$0.02
2011Summary only. Only limited summary data is available for this year.$1.45$0.00$0.19$0.31$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$29,625
Mission and Program Overview

Mission

The organization was formed to conduct scientific research into the causes and treatment of cardiac and cardiovascular conditions and diseases.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS ENGAGED IN CLINICAL RESEARCH PROJECTS REGARDING MINIMALLY INVASIVE CARDIOVASCULAR PROCEDURES USING EXPERIMENTAL TECHNIQUES AND DEVICES TO MITIGATE CARDIOVASCULAR DISEASE. HUMAN SUBJECTS ARE QUALIFIED AND GIVE APPROVAL ACCORDING TO HEALTH CARE FINANCING ADMINISTRATION (HCFA) REGULATIONS. THE ORGANIZATION RECEIVES CLINICAL PROTOCOL REIMBURSEMENT FROM MEDICAL EQUIPMENT AND PHARMACEUTICAL COMPANIES. THE RESULTS OF THE RESEARCH ARE CONCURRENTLY FORWARDED TO HCFA AND THE APPROPRIATE MEDICAL EQUIPMENT OR PHARMACEUTICAL COMPANY. THE FDA HAS APPROVED THE MEDICAL INVESTIGATION TRIALS AND THE RESULTS OF THE RESEARCH ARE NECESSARY FOR REVIEW AND APPROVAL BY THE FDA, FOR PURPOSES OF OBTAINING FDA APPROVAL OF REIMBURSEMENT OF SUCH PROCEDURES UNDER MEDICARE. EXPENSES ARE MINIMAL. ALL FUNDS ARE DIRECTED BACK INTO PROVIDING MEDICAL EDUCATION OR PURCHASING EQUIPMENT WHICH IS USED BY INVESTIGATORS. ONE OF THE CURRENT RESEARCH PROJECTS WILL STUDY APPROXIMATELY 1,000 SUBJECTS.$1,000$1,131
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY CAVENDISH MDPresident/Director-$0--
JASON BROWN MDCFO/Director-$0--
SHARON WEAVERSecretary/Director-$0--
Filing and Contact Details

Filer

Filer Name
La Jolla Cardiovascular Research
EIN
95-4488794
Phone
7605792744
Address
9834 GENESEE AVENUE 114, LA JOLLA, CA 92037

Signing Officer

Name
Jeffrey Cavendish Md
Title
President
Phone
7605792744
Signed
2015-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Lindsay & Brownell Llp
Address
4225 EXECUTIVE SQUARE SUITE 1150, LA JOLLA, CA 92037
Preparer
Gregory M Malone
Phone
8585589200
Supplemental Narrative

Additional Explanations

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

“Description: dividend income. Amount: 11.”

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

“Activity classification: medical research. Grantee name: scripps health foundation. Grantee address: 4275 campus point ct san diego, ca 92121. Grantee relationship: n/a. Property description: cash. Book value of property: 1,000. Date of gift: 11/10/14. Amount given: 1,000.”

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

“Description: bank fees. Amount: 150. Description: payroll service fees. Amount: 131. Description: postage & delivery. Amount: 65. Total to form 990-ez, line 16: 346.”

Raw XML Appendix125 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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IRS990EZ/BooksInCareOfDetail/PhoneNum07605792944
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01655 EOLUS AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENCINITAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092024
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0124085
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0114688
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt030087
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9397
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07589
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0124085
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0114688
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-473
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossReceiptsAmt029625
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt011
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0124085
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0114688
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0124085
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0114688
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFREY CAVENDISH MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JASON BROWN MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHARON WEAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0346
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION WAS FORMED TO CONDUCT SCIENTIFIC RESEARCH INTO THE CAUSES AND TREATMENT OF CARDIAC AND CARDIOVASCULAR CONDITIONS AND DISEASES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION IS ENGAGED IN CLINICAL RESEARCH PROJECTS REGARDING MINIMALLY INVASIVE CARDIOVASCULAR PROCEDURES USING EXPERIMENTAL TECHNIQUES AND DEVICES TO MITIGATE CARDIOVASCULAR DISEASE. HUMAN SUBJECTS ARE QUALIFIED AND GIVE APPROVAL ACCORDING TO HEALTH CARE FINANCING ADMINISTRATION (HCFA) REGULATIONS. THE ORGANIZATION RECEIVES CLINICAL PROTOCOL REIMBURSEMENT FROM MEDICAL EQUIPMENT AND PHARMACEUTICAL COMPANIES. THE RESULTS OF THE RESEARCH ARE CONCURRENTLY FORWARDED TO HCFA AND THE APPROPRIATE MEDICAL EQUIPMENT OR PHARMACEUTICAL COMPANY. THE FDA HAS APPROVED THE MEDICAL INVESTIGATION TRIALS AND THE RESULTS OF THE RESEARCH ARE NECESSARY FOR REVIEW AND APPROVAL BY THE FDA, FOR PURPOSES OF OBTAINING FDA APPROVAL OF REIMBURSEMENT OF SUCH PROCEDURES UNDER MEDICARE. EXPENSES ARE MINIMAL. ALL FUNDS ARE DIRECTED BACK INTO PROVIDING MEDICAL EDUCATION OR PURCHASING EQUIPMENT WHICH IS USED BY INVESTIGATORS. ONE OF THE CURRENT RESEARCH PROJECTS WILL STUDY APPROXIMATELY 1,000 SUBJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01131
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt029614
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08935
IRS990EZ/TotalProgramServiceExpensesAmt01131
IRS990EZ/TotalRevenueAmt0-462
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/HospitalNameAndAddressGrp/CityNm0LA JOLLA
IRS990ScheduleA/HospitalNameAndAddressGrp/StateAbbreviationCd0CA
IRS990ScheduleA/HospitalNameAndAddressGrp/SupportedOrganizationName/BusinessNameLine1Txt0SCRIPPS MEMORIAL HOSPITAL
IRS990ScheduleA/MedicalResearchOrganizationInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME. AMOUNT: 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: MEDICAL RESEARCH. GRANTEE NAME: SCRIPPS HEALTH FOUNDATION. GRANTEE ADDRESS: 4275 CAMPUS POINT CT SAN DIEGO, CA 92121. GRANTEE RELATIONSHIP: N/A. PROPERTY DESCRIPTION: CASH. BOOK VALUE OF PROPERTY: 1,000. DATE OF GIFT: 11/10/14. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK FEES. AMOUNT: 150. DESCRIPTION: PAYROLL SERVICE FEES. AMOUNT: 131. DESCRIPTION: POSTAGE & DELIVERY. AMOUNT: 65. TOTAL TO FORM 990-EZ, LINE 16: 346.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY CAVENDISH MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07605792744
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA JOLLA CARDIOVASCULAR RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION C/O JEFFREY CAVENDISH MD
ReturnHeader/Filer/BusinessNameControlTxt0LAJO
ReturnHeader/Filer/EIN0954488794
ReturnHeader/Filer/PhoneNum07605792744
ReturnHeader/Filer/USAddress/AddressLine1Txt09834 GENESEE AVENUE 114
ReturnHeader/Filer/USAddress/CityNm0LA JOLLA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092037
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330885895
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDSAY & BROWNELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04225 EXECUTIVE SQUARE SUITE 1150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LA JOLLA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092037
ReturnHeader/PreparerPersonGrp/PhoneNum08585589200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY M MALONE
ReturnHeader/ReturnTs02015-11-16T18:02:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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