American College of Cardiology Foundation

EIN: 135641985 501(c)(3) Diseases & Disorders

Washington, DC

Total Revenue
$124,168,198
Total Expenses
$125,289,200
Total Assets
$306,574,064
Net Assets
$147,362,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
DC
Phone
2023756000
Tax Period
2023-01-01 to 2023-12-31

American College of Cardiology Foundation, founded in 1952, is a major nonprofit in the Diseases & Disorders sector that reported $124.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO TRANSFORM CARDIOVASCULAR CARE AND IMPROVE HEART HEALTH FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $25,932,165 Revenue: $50,826,967

REGISTRY PRODUCTS & RESEARCH - RESOURCES FOR MEASURING AND QUANTIFYING OUTCOMES AND IDENTIFY GAPS IN THE DELIVERY OF QUALITY CARDIOVASCULAR PATIENT CARE.

Program 2
Expenses: $12,850,026 Revenue: $599,359

SCIENCE AND QUALITY IMPROVEMENT - DEVELOPMENT OF CLINICAL GUIDELINES, BASED ON MEDICAL LITERATURE, THAT SET STANDARDS OF CARE IN US, SUPPLEMENTED BY TOOLS TO ASSIST PROVIDERS IN DELIVERING THE...

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SCIENCE AND QUALITY IMPROVEMENT - DEVELOPMENT OF CLINICAL GUIDELINES, BASED ON MEDICAL LITERATURE, THAT SET STANDARDS OF CARE IN US, SUPPLEMENTED BY TOOLS TO ASSIST PROVIDERS IN DELIVERING THE QUALITY OF CARE OUTLINED IN THE GUIDELINES.

Program 3
Expenses: $11,561,728 Revenue: $7,801,031

ANNUAL SCIENTIFIC SESSION -HELD ANNUALLY, PROGRAMS INCLUDE REPORTS OF ORININAL INVESTIGATIONS, LECTURES, CORE CURRICULA, PANEL DISUCSSIONS, CLINICAL DEMONSTRATIONS AND SELF-ASSESSMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,757,306
Program Service Revenue $83,811,338
Investment Income $7,601,076
Other Revenue $12,998,478
TOTAL REVENUE $124,168,198

Expense Breakdown

Grants Paid $1,065,994
Salaries & Benefits $58,239,953
Fundraising Expenses $213,775
Program Expenses $102,881,147
Other Expenses $65,983,253
TOTAL EXPENSES $125,289,200

Year-over-Year Comparison

2023 2022 Change
Revenue $124,168,198 $106,882,412 +0.2%
Expenses $125,289,200 $112,467,729 +0.1%
Net Income $-1,121,002 $-5,585,317 -0.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
8
Employees
529
Volunteers
2050

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
8
$1,930,454
Total Directors
15
$516,921
Key Employees
14
$5,134,643
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 13.5
Officer Director
$0 $0 $0
N/A Vice President 9.5
Officer Director
$185,475 $0 $185,475
N/A Treasurer 4.5
Officer Director
$68,125 $0 $68,125
N/A Immediate Past President 8.5
Officer Director
$0 $0 $0
N/A Secretary and Board of Governors Chair-Elect 4.0
Officer Director
$33,900 $0 $33,900
N/A Secretary and Board of Governors Chair 6.5
Officer Director
$0 $0 $103,873
N/A Trustee 2.5
Director
$3,775 $0 $3,775
N/A Trustee 2.5
Director
$3,775 $0 $3,775
N/A Trustee 2.5
Director
$27,800 $0 $27,800
N/A Trustee 2.5
Director
$18,050 $0 $18,050
N/A Trustee 2.5
Director
$17,525 $0 $17,525
N/A Trustee 2.5
Director
$41,025 $0 $41,025
N/A Trustee 2.5
Director
$9,023 $0 $9,023
N/A Trustee 2.5
Director
$3,775 $0 $3,775
N/A Trustee 2.5
Director
$800 $0 $800
N/A CEO 45.0
Officer
$924,256 $6,024 $1,032,975
N/A COO / CFO 27.5
Officer
$259,607 $34,093 $506,106
N/A DVP, Finance 50.0
Key Emp
$308,429 $13,288 $321,717
N/A DVP, Technology & Business Service 50.0
Key Emp
$297,169 $2,204 $299,373
N/A EVP 50.0
Key Emp
$503,891 $2,769 $506,660
N/A EVP 50.0
Key Emp
$532,421 $34,323 $566,744
N/A DVP, Education 50.0
Key Emp
$282,763 $30,704 $313,467
N/A DVP, Publishing 50.0
Key Emp
$240,857 $32,004 $272,861
N/A DVP, Membership 12.5
Key Emp
$82,404 $30,938 $360,555
N/A DVP, Clinical Registry & Accreditation 50.0
Key Emp
$288,012 $30,893 $318,905
N/A EVP/General Counsel 25.0
Key Emp
$267,754 $31,523 $567,031
N/A Chief D & I Officer 50.0
Key Emp
$331,527 $438 $331,965
N/A DVP, Global Innovation & Clinical Transformation 50.0
Key Emp
$309,517 $30,940 $340,457
N/A DVP, Chief People Officer 50.0
Key Emp
$315,273 $21,390 $336,663
N/A Chief Medical Officer 50.0
Key Emp
$294,369 $17,373 $311,742
N/A DVP, Marketing & Communications 50.0
Key Emp
$255,732 $30,771 $286,503
N/A Chief Innovation Officer 50.0
Highest
$428,839 $29,957 $458,796
N/A General Counsel Associate 50.0
Highest
$266,301 $33,573 $299,874
N/A Team Leader, Registry Services 50.0
Highest
$254,924 $12,165 $267,089
N/A Team Leader, Innovation Strategy & Partnerships 50.0
Highest
$248,642 $30,768 $279,410
N/A Team Leader, Corporate Relations & Business Strategy 50.0
Highest
$253,825 $10,904 $264,729
N/A Team Leader, Medicare Pymt & Cov Plcy 5.0
$19,472 $12,503 $207,227
N/A Team Leader, Congressional Affairs 5.0
$23,035 $21,091 $251,439
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
2024 No data No data No data No data
2023 $124,168,198 $125,289,200 $306,574,064 $-1,121,002
2022 $106,882,412 $112,467,729 $298,733,872 $-5,585,317
2021 $120,451,039 $100,135,664 $302,010,003 $20,315,375
2020 $100,503,099 $100,734,686 $266,058,322 $-231,587
2019 $122,181,459 $121,073,528 $276,642,652 $1,107,931
2018 $115,074,084 $118,338,991 $245,270,688 $-3,264,907
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