CARDIO RESEARCH OF NY INC

EIN: 113330697 501(c)(3)

MANHASSET, NY

Total Revenue
$209
Total Expenses
$126,592
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Tax Period
2018-01-01 to 2018-12-31

CARDIO RESEARCH OF NY INC, founded in 1998, is a micro nonprofit that reported $209 in total revenue in fiscal year 2018. Revenue decreased 17% compared to the prior year. Expenses of $127K exceeded revenue, resulting in a 60470% operating deficit.

Mission

MEDICAL RESEARCH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $209
Other Revenue $0
TOTAL REVENUE $209

Expense Breakdown

Grants Paid $125,673
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,592
Other Expenses $919
TOTAL EXPENSES $126,592

Year-over-Year Comparison

2018 2017 Change
Revenue $209 $252 -0.2%
Expenses $126,592 $9,385 +12.5%
Net Income $-126,383 $-9,133 +12.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH WEISEL TREASURER 1.00
Officer Director
$0 $0 $0
FRANK MESSINEO PRESIDENT 1.00
Officer Director
$0 $0 $0
STYLIANOS PAPADAKOS VICE PRESIDENT 1.00
Director
$0 $0 $0
WILLIAM J TENET DIRECTOR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $209 $126,592 No data $-126,383
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