HEART VALVE SOCIETY (EIN 550870225) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

ISMAIL EL-HAMMAMSY MD PHD

Phone

9789278330

Tax Period

2023-01-01 to 2023-12-31

HEART VALVE SOCIETY, founded in 2004, is a small nonprofit in the Health Care sector that reported $549K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

TO ADVANCE DEVELOPMENT, RECOGNITION, AND KNOWLEDGE IN THE AREA OF HEART VALVE DISEASES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $137,810

Program Service Revenue $410,671

Investment Income $50

Other Revenue $0

TOTAL REVENUE $548,531

Expense Breakdown

Grants Paid $6,832

Salaries & Benefits $0

Fundraising Expenses $9,555

Program Expenses $430,128

Other Expenses $536,855

TOTAL EXPENSES $543,687

Year-over-Year Comparison

	2023	2022	Change
Revenue	$548,531	$715,419	-0.2%
Expenses	$543,687	$541,884	+0.0%
Net Income	$4,844	$173,535	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISMAIL EL-HAMMAMSY MD PHD	PRESIDENT/PR	2.00	Officer Director	$0	$0	$0
SAMIR KAPADIA	PRES-ELECT/D	2.00	Officer Director	$0	$0	$0
JORDAN MILLER PHD	SECRETARY-TR	2.00	Officer Director	$0	$0	$0
KEVIN VEEN	VRN COORDINA	2.00	Officer Director	$0	$0	$0
CARLIJN VC BOUTEN PHD	IMM PAST PRE	2.00	Officer Director	$0	$0	$0
MARTA SITGES	PAST PRES/IM	2.00	Officer Director	$0	$0	$0
VINOD THOURANI MD	SR ADVISOR/P	2.00	Officer Director	$0	$0	$0
HECTOR MICHELENA MD	DIR - CARDIO	2.00	Director	$0	$0	$0
MADALINA GARBI MD	DIR - CARDIO	2.00	Director	$0	$0	$0
PAUL SORAJJA	DIR - CARDIO	2.00	Director	$0	$0	$0
RALPH STEPHAN VON BARDELEBEN MD	DIR - CARDIO	2.00	Director	$0	$0	$0
VICTOR DAYAN	LATIN AMERIC	2.00	Director	$0	$0	$0
YOLANDA KLUIN MD	DIRECTOR - S	2.00	Director	$0	$0	$0
JESSICA FORCILLO	DIRECTOR - S	2.00	Director	$0	$0	$0
JUAN UMANA MD	DIRECTOR - S	2.00	Director	$0	$0	$0
JOY LINCOLN PHD	DIR - RESEAR	2.00	Director	$0	$0	$0
ELAINE TSENG MD	DIR - RESEAR	2.00	Director	$0	$0	$0
PHILIPPE PIBAROT DVM	DIR - RESEAR	2.00	Director	$0	$0	$0
JANE GRANDE-ALLEN	DIR - SR ADV	2.00	Director	$0	$0	$0
JOSE POMAR MD	DIR - SR ADV	2.00	Director	$0	$0	$0
HANNEKE TAKKENBERG MD PHD	DIR - SR ADV	2.00	Director	$0	$0	$0
EMMANUEL LANSAC MD	VALVERESNETC	2.00	Officer Director	$0	$0	$0
ALAIN BERREBI MD	DIR-CARDIO(3	2.00	Director	$0	$0	$0
JEFFREY BORER MD	DIR-SR ADVIS	2.00	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
2024	No data	No data	No data	No data
2023	$548,531	$543,687	$448,874	$4,844
2022	$715,419	$541,884	$379,839	$173,535
2021	$143,150	$206,929	$193,082	$-63,779
2020	$377,069	$399,790	$194,646	$-22,721
2019	$452,675	$471,747	$248,310	$-19,072
2018	$746,517	$817,366	$247,427	$-70,849

HEART VALVE SOCIETY