NEW JERSEY CARDIOVASCULAR FOUNDATION INC

EIN: 473882609 501(c)(3) Human Services

NEW BRUNSWICK, NJ

Total Revenue
$149,831
Total Expenses
$150,558
Total Assets
$1,288
Net Assets
$-38,712
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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
2015
Legal Domicile
NJ
Principal Officer
RAMZAN M ZAKIR
Phone
7329935500
Tax Period
2024-01-01 to 2024-12-31

NEW JERSEY CARDIOVASCULAR FOUNDATION INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $150K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum.

Mission

THE PRIMARY GOAL IS TO COLLABORATE AND DISSEMINATE HEALTHCARE KNOWLEDGE WITH A PRIMARY FOCUS ON CARDIOVASCULAR CONDITIONS. THE ENTITY WILL CARRY OUT EDUCATIONAL CONFERENCES WITH THE GOAL OF PROVIDING QUALITY EDUCATION AT A VERY LOW OR NO COST AT ALL TO THE ATTENDEES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,831
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $149,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $150,558
TOTAL EXPENSES $150,558

Year-over-Year Comparison

2024 2023 Change
Revenue $149,831 $80,000 +0.9%
Expenses $150,558 $80,046 +0.9%
Net Income $-727 $-46 +14.8%
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
3
Independent Members
3
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN SAFIRSTEIN VICE PRESIDE N/A
Officer
$0 $0 $0
DEANNE VANJONACK BOARD MEMBER N/A
Officer
$0 $0 $0
RAMZAN M ZAKIR PRESIDENT N/A
Officer
$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
2024 $149,831 $150,558 $1,288 $-727
2023 $80,000 $80,046 $2,015 $-46
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