CARDIAC KIDS FOUNDATION OF FLORIDA INC

EIN: 244091781 501(c)(3) Diseases & Disorders

OLDSMAR, FL

Total Revenue
$289,448
Total Expenses
$168,629
Total Assets
$273,956
Net Assets
$273,956
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
FL
Principal Officer
SANTO CAROLLO
Phone
8138550700
Tax Period
2025-01-01 to 2025-12-31

CARDIAC KIDS FOUNDATION OF FLORIDA INC, founded in 2009, is a small nonprofit in the Diseases & Disorders sector that reported $289K in total revenue in fiscal year 2025. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 42% operating margin.

Mission

THE MISSION OF THE CARDIAC KIDS FOUNDATION IS TO PROVIDE ASSISTANCE TO FAMILIES AND THEIR CHILDREN WITH HEART DISEASE. SUPPORT IS PROVIDED IN THE FORM OF FINANCIAL ASSISTANCE TO THOSE FAMILIES WHO CANNOT AFFORD PRESCRIPTION MEDICATIONS AND RELATED TRAVEL EXPENSES FOR THE FAMILIES OF HOSPITALIZED CHILDREN. A PORTION OF OUR ASSISTANCE GOES BEYOND FINANCIAL AND INVOLVES ACTUAL SURGERIES, TRAINING, EDUCATION, AND EQUIPMENT SUPPLIED TO COMMUNITIES WHO OTHERWISE WOULD NOT HAVE THIS AVAILABLE TO THEM. FOR EXAMPLE, OUR YEARLY JAMAICAN MISSION TRIP, HEADED UP BY DR. JEFFREY JACOBS AND HIS TEAM IS CURRENTLY RESPONSIBLE FOR SAVING COUNTLESS LIVES THROUGH HIS EFFORTS. THE LARRY KING CARDIAC FOUNDATION HAS BEEN A HUGE SUPPORTER OF THESE ANNUAL TRIPS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $289,448
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $289,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,629
Other Expenses $168,629
TOTAL EXPENSES $168,629

Year-over-Year Comparison

2025 2024 Change
Revenue $289,448 $172,441 +0.7%
Expenses $168,629 $143,151 +0.2%
Net Income $120,819 $29,290 +3.1%
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
10
Independent Members
10
Employees
N/A
Volunteers
50

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANTO CAROLLO DIRECTOR 2.00
Officer Director
$0 $0 $0
JEFFREY P JACOBS MD DIRECTOR 2.00
Officer Director
$0 $0 $0
VANESA CAROLLO CEO 2.00
Officer
$0 $0 $0
LEWIS HENRY DIRECTOR 2.00
Director
$0 $0 $0
MARK S BLEIWEIS MD DIRECTOR 2.00
Director
$0 $0 $0
GILES PEEK MD DIRECTOR 2.00
Director
$0 $0 $0
FRANK SCHOLL MD DIRECTOR 2.00
Director
$0 $0 $0
VINAY BADHWAR MD DIRECTOR 2.00
Director
$0 $0 $0
DAVID S COOPER MD DIRECTOR 2.00
Director
$0 $0 $0
DAVID VENER MD DIRECTOR 2.00
Director
$0 $0 $0
MARK GAYLE DIRECTOR 2.00
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
2025 $289,448 $168,629 $273,956 $120,819
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