SOCIETY FOR CARDIOVASCULAR ANGIOGRAPHY AND INTERVENTIONS

EIN: 450699908 Community Improvement

WASHINGTON, DC

Total Revenue
$207,107
Total Expenses
$745,099
Total Assets
$1,755,719
Net Assets
$1,753,810
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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
2011
Legal Domicile
DC
Principal Officer
FRANCESCA DEA
Phone
2027419854
Tax Period
2023-01-01 to 2023-12-31

SOCIETY FOR CARDIOVASCULAR ANGIOGRAPHY AND INTERVENTIONS, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $745K exceeded revenue, resulting in a 260% operating deficit.

Mission

SCAI BUILDS COALITIONS WHILE COORDINATING ACTION ON BEHALF OF OUR MEMBERS AND THEIR PATIENTS.

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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 $0
Program Service Revenue $207,107
Investment Income $0
Other Revenue $0
TOTAL REVENUE $207,107

Expense Breakdown

Grants Paid $0
Salaries & Benefits $439,354
Fundraising Expenses $0
Other Expenses $305,745
TOTAL EXPENSES $745,099

Year-over-Year Comparison

2023 2022 Change
Revenue $207,107 $154,926 +0.3%
Expenses $745,099 $748,038 0.0%
Net Income $-537,992 $-593,112 -0.1%
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
20
Independent Members
19
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
9
$734,822
Total Directors
20
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE DANGAS MD MSCAI PRESIDENT 0.30
Officer Director
$0 $0 $0
JAMES HERMILLER MD MSCAI PRESIDENT ELECT 0.30
Officer Director
$0 $0 $0
SUNIL V RAO MD FSCAI PAST PRESIDENT 0.30
Officer Director
$0 $0 $0
TIMOTHY D HENRY PAST PRESIDENT 0.30
Officer Director
$0 $0 $0
SRIHARI S NAIDU MD FSCAI VICE PRESIDENT 0.30
Officer Director
$0 $0 $0
ARNOLD SETO MD MPA FSCAI TREASURER 0.30
Officer Director
$0 $0 $0
J DAWN ABBOTT MD FSCAI SECRETARY (AS OF 05/2023) 0.30
Officer Director
$0 $0 $0
MIRVAT ALASNAG MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
JOAQUINE E CIGARROA MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
RAMESH DAGGUBATI MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
THOMAS E FAGAN MD MSCAI TRUSTEE 0.30
Director
$0 $0 $0
FRANK J HILDNER MD FSCAI TRUSTEE FOR LIFE 0.30
Director
$0 $0 $0
DANIEL M KOLANSKY MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
ALEXANDRA J LANSKY MD FSCAI TRUSTEE 0.30
Director
$0 $0 $100,000
KUSUM LATA MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
BINITA SHAH MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
WILLIAM C SHELDON MD FSCAI TRUSTEE FOR LIFE 0.30
Director
$0 $0 $0
GORAN STANKOVIC MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
RAJESH SWAMINATHAN MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
MOLLY SZERLIP MD FSCAI TRUSTEE 0.30
Director
$0 $0 $0
FRANCESCA DEA CHIEF EXECUTIVE OFFICER 10.00
Officer
$0 $64,914 $461,783
KATHIE H CLEARY VP OF FINANCE AND ADMINIST 5.00
Officer
$0 $40,149 $273,039
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 $207,107 $745,099 $1,755,719 $-537,992
2022 $154,926 $748,038 $2,304,791 $-593,112
2021 $68,037 $545,131 $2,930,073 $-477,094
2020 $310,248 $570,689 $3,384,535 $-260,441
2019 $292,019 $333,384 $3,627,856 $-41,365
2018 $256,086 $263,307 $3,672,937 $-7,221
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