SARNOFF CARDIOVASCULAR RESEARCH FOUNDATION INC

EIN: 521254078 501(c)(3) Diseases & Disorders

MCLEAN, VA

Total Revenue
$4,410,906
Total Expenses
$2,771,048
Total Assets
$55,119,072
Net Assets
$53,500,861
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MD
Principal Officer
DANA QUINN BOYD
Phone
7035177451
Tax Period
2024-07-01 to 2025-06-30

SARNOFF CARDIOVASCULAR RESEARCH FOUNDATION INC, founded in 1981, is a community nonprofit in the Diseases & Disorders sector that reported $1.5M in total revenue in fiscal year 2017. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $442K, a strong 30% operating margin.

Mission

TO SUPPORT THE PURSUIT OF CAREERS IN CARDIOVASCULAR SCIENCE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $389,730
Program Service Revenue $0
Investment Income $4,013,670
Other Revenue $7,506
TOTAL REVENUE $4,410,906

Expense Breakdown

Grants Paid $1,966,222
Salaries & Benefits $324,878
Fundraising Expenses $15,658
Program Expenses $2,458,254
Other Expenses $479,948
TOTAL EXPENSES $2,771,048

Year-over-Year Comparison

2024 2023 Change
Revenue $4,410,906 $2,607,696 +0.7%
Expenses $2,771,048 $1,524,372 +0.8%
Net Income $1,639,858 $1,083,324 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
2
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
7
$248,788
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS MICHEL MD PHD PRESIDENT, CHAIR OF BOARD 1.00
Officer Director
$0 $0 $0
JOSEPH HILL MD PHD IMMEDIATE PAST CHAIR 2.00
Officer Director
$0 $0 $0
RONGLIH LIAO PHD VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALAN DAUGHERTY PHD VICE CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
CHARLES HONG MD PHD SECRETARY 1.00
Officer Director
$0 $0 $0
CHARLES LOWENSTEIN MD TREASURER 2.00
Officer Director
$0 $0 $0
SHARLENE DAY MD BOARD MEMBER 1.00
Director
$0 $0 $0
VIRGINIA HAHN MD BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER HO MD BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA KONTARIDIS PHD BOARD MEMBER 1.00
Director
$0 $0 $0
CHIADI NDUMELE MD BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW PLUMP MD PHD BOARD MEMBER 1.00
Director
$0 $0 $0
JORGE PLUTZKY MD BOARD MEMBER 1.00
Director
$0 $0 $0
SVATI SHAH MD BOARD MEMBER 1.00
Director
$0 $0 $0
DANA QUINN BOYD EXECUTIVE DIRECTOR 30.00
Officer
$215,433 $33,355 $248,788
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 $4,410,906 $2,771,048 $55,119,072 $1,639,858
2024 $2,607,696 $1,524,372 $50,874,754 $1,083,324
2023 $2,025,286 $1,550,690 $46,760,826 $474,596
2022 $-471,296 $1,634,694 $44,192,037 $-2,105,990
2021 $3,393,739 $838,149 $51,786,432 $2,555,590
2021 $3,393,739 $1,290,149 $51,786,432 $2,103,590
2020 $1,967,125 $1,046,972 $40,396,973 $920,153
2019 $2,865,337 $1,309,908 $39,522,640 $1,555,429
2018 $1,476,999 $1,034,995 $38,042,594 $442,004
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