Lloyd Harbor, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY, founded in 2005, is a small nonprofit in the Medical Research sector that reported $103K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $347K exceeded revenue, resulting in a 236% operating deficit.
Cardiovascular & Imaging Research Foundation of New York's mission statement is to support medical research and education and other projects aimed at treating and preventing cardiovascular diseases.
Retrospective clinical trial to assess long term cardiac effects after COVID diagnosis with Coronary CT Angiography both pre and post COVID diagnosis
Retrospective clinical trial to assess diagnostic accuracy of Artificial Intelligence software verse coronary CT Angiography in an outpatient physician office setting
Evaluate a new design for the treatment of various coronary disease with enhanced external counter pulsation therapy
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $103,198 | $86,901 | +0.2% |
| Expenses | $347,067 | $667,120 | -0.5% |
| Net Income | $-243,869 | $-580,219 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Poon | Principal Investigator | 15 |
Highest
|
$200,000 | $0 | $200,000 |
| Michael J Cortegiano | Treasurer | 15 |
Officer
|
$30,000 | $0 | $30,000 |
| Charles Gargano | Drector | 2 |
Director
|
$0 | $0 | $0 |
| Howard Printz | Director | 2 |
Director
|
$0 | $0 | $0 |
| Gerald Rausnitz | Director | 2 |
Director
|
$0 | $0 | $0 |
| David Rausnitz | President | 3 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $103,198 | $347,067 | $177,622 | $-243,869 |
| 2024 | $86,901 | $667,120 | $421,491 | $-580,219 |
| 2023 | $90,731 | $398,402 | $1,001,710 | $-307,671 |
| 2022 | $179,560 | $382,859 | $1,312,848 | $-203,299 |
| 2021 | $1,026,272 | $729,125 | $1,516,147 | $297,147 |
| 2020 | $304,709 | $280,104 | $1,219,000 | $24,605 |
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