CARDIOTHORACIC SURGERY RESEARCH FOUNDATION INC

EIN: 263109983 501(c)(3) Science & Technology

LOUISVILLE, KY

Total Revenue
N/A
Total Expenses
$5,559
Total Assets
$482,150
Net Assets
$481,875
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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
2009
Legal Domicile
KY
Principal Officer
MARK SLAUGHTER
Phone
5025612180
Tax Period
2022-01-01 to 2022-12-31

Mission

THE FOUNDATION WAS FORMED TO PROMOTE AND SUPPORT CARDIOVASCULAR AND THORACIC SURGERY EDUCATION ALONG WITH CLINICAL AND BASIC SCIENCE RESEARCH FOR PHYSICIANS, SCIENTISTS, NURSES AND OTHER MEDICAL PERSONNEL.

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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 (2022)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,357
Other Expenses $5,559
TOTAL EXPENSES $5,559

Year-over-Year Comparison

2022 2021 Change
Revenue N/A N/A N/A
Expenses $5,559 $23,871 -0.8%
Net Income N/A $-23,871 N/A
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
MARK SLAUGHTER PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN GANZEL VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
MEGHAN ROZEMA TREASURER 1.00
Officer Director
$0 $0 $0
STEVEN KOENING DIRECTOR 1.00
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
2022 No data $5,559 $482,150 No data
2021 No data $23,871 $487,709 No data
2020 $6,970 $12,294 $511,305 $-5,324
2019 $6,005 $63,179 $516,629 $-57,174
2018 $39,796 $86,555 $573,803 $-46,759
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