Midlothian, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ACCREDITATION FOR CARDIOVASCULAR EXCELLENCE INC, founded in 2010, is a small nonprofit in the Medical Research sector that reported $340K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $88K, a strong 26% operating margin.
The organization is a nonprofit whose mission is to ensure high-quality patient care and promote patient safety in facilities where invasive cardiac and endovascular procedures are performed. The organization will achieve its mission by setting standards for quality care establishing requirements for accreditation and providing peer review for cardiac and endovascular programs. The organization will also provide tools and resources to support self evaluation and quality improvement.
the orgnanization provides professional review of facilities where invasive cardiac and endovascular procedures are performed and accredits those that achieve predetermined benchmarks for quality...
the orgnanization provides professional review of facilities where invasive cardiac and endovascular procedures are performed and accredits those that achieve predetermined benchmarks for quality care. The organization's accreditation programs currently include programs that deliver angiography to diagnose blocked arteries angioplasty stenting to treat blockages in their arteries of the heart as well as blockages in the arteries of the neck. The organization has plans to expand to accredit programs for other cardiovascular procedures.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $339,930 | $568,149 | -0.4% |
| Expenses | $252,008 | $203,248 | +0.2% |
| Net Income | $87,922 | $364,901 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| Bonnie Weiner | Chief Medical Officer | 5.00 |
Officer
Director
|
$20,259 | $0 | $20,259 |
| Jeff Marshall | Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joaquin Cigarroa | Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Cowley | Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Peggy McElgunn | CEO | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $339,930 | $252,008 | $800,331 | $87,922 |
| 2022 | $568,149 | $203,248 | $755,512 | $364,901 |
| 2021 | $727,611 | $323,610 | $832,987 | $404,001 |
Compare ACCREDITATION FOR CARDIOVASCULAR EXCELLENCE INC with other nonprofits in Virginia and across the country.