MIAMI, FL
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Sign In — Free (10 views/day)MIAMI HEART RESEARCH INSTITUTE INC, founded in 1944, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $11.2M in total revenue in fiscal year 2024. Revenue surged 234% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.8M, a strong 69% operating margin.
MIAMI HEART RESEARCH INSTITUTE, INC. IS AN INDEPENDENT, NOT-FOR-PROFIT 501(C)(3) ORGANIZATION WITH THE MISSION TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, FLORIDA HEART RESEARCH FOUNDATION, INC. BY FUNDRAISING AND FUNDING CARDIOVASCULAR RESEARCH EDUCATION AND PREVENTION PROGRAMS.
IN SUPPORT OF THE FLORIDA HEART RESEARCH FOUNDATION, INC., WE REMAIN COMMITTED TO ADVANCING CARDIOVASCULAR RESEARCH. WE ARE WELL-POSITIONED FOR A LONG AND PRODUCTIVE FUTURE IN THIS CRITICAL FIELD AND...
IN SUPPORT OF THE FLORIDA HEART RESEARCH FOUNDATION, INC., WE REMAIN COMMITTED TO ADVANCING CARDIOVASCULAR RESEARCH. WE ARE WELL-POSITIONED FOR A LONG AND PRODUCTIVE FUTURE IN THIS CRITICAL FIELD AND TAKE GREAT PRIDE IN FUNDING RESEARCH THAT IS BOTH MERITORIOUS AND SCIENTIFICALLY VALID.TO ACHIEVE OUR MISSION, WE MUST CONTINUE TO EXPAND OUR RESEARCH CAPABILITIES AND EDUCATIONAL INITIATIVES THROUGH COLLABORATION WITH INSTITUTIONS OF EXCELLENCE. AS PART OF THIS COMMITMENT, WE REQUIRE THAT ALL FUNDED PROJECTS PUBLISH THEIR FINDINGS IN LEADING PEER-REVIEWED JOURNALS AND PRESENT THEIR RESULTS AT NATIONAL AND INTERNATIONAL CONFERENCES AND SEMINARS. OUR ULTIMATE GOAL IS TO SUPPORT RESEARCH THAT LEADS TO SIGNIFICANT BREAKTHROUGHS - INNOVATIONS THAT IMPROVE THE DIAGNOSIS, TREATMENT, AND PREVENTION OF CARDIOVASCULAR DISEASE. ADDITIONALLY, WE REQUIRE 6-MONTH PROGRESS REPORTS, INCLUDING DETAILED BUDGETS OUTLINING HOW FUNDS HAVE BEEN UTILIZED.
WE ACTIVELY SUPPORT EDUCATION AND PREVENTION INITIATIVES THAT IMPROVE PUBLIC HEALTH BY REDUCING HEALTH DISPARITIES AND INCREASING ACCESS TO CARE IN MEASURABLE AND MEANINGFUL WAYS. WE BELIEVE THAT...
WE ACTIVELY SUPPORT EDUCATION AND PREVENTION INITIATIVES THAT IMPROVE PUBLIC HEALTH BY REDUCING HEALTH DISPARITIES AND INCREASING ACCESS TO CARE IN MEASURABLE AND MEANINGFUL WAYS. WE BELIEVE THAT HEART DISEASE CAN BE PREVENTED THROUGH A COMBINATION OF BASIC AND CLINICAL RESEARCH, ALONG WITH EDUCATION ABOUT ITS CAUSES, RISK FACTORS, AND THE IMPORTANCE OF HEALTHY LIFESTYLE CHOICES. RESEARCH DISCOVERIES BENEFIT ALL OF HUMANITY, WHILE EDUCATION EMPOWERS INDIVIDUALS TO MAKE INFORMED DECISIONS - ULTIMATELY IMPROVING HEALTH OUTCOMES AND QUALITY OF LIFE. WHILE RESEARCH IS ESSENTIAL TO THE FUTURE OF HEALTHCARE, EDUCATION AND PREVENTION ARE THE CORNERSTONES OF HEALTH TODAY. IN ADDITION TO OUR RESEARCH EFFORTS, WE AWARD ANNUAL SCHOLARSHIP GRANTS IN CARDIAC NURSING. THESE SCHOLARSHIPS HAVE RECEIVED POSITIVE RECOGNITION AND FEEDBACK FROM PARTICIPANTS, AS EVIDENCED THROUGH SURVEYS, TESTIMONIALS, AND AWARDS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $11,192,176 | $3,349,334 | +2.3% |
| Expenses | $3,427,931 | $2,180,842 | +0.6% |
| Net Income | $7,764,245 | $1,168,492 | +5.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOE ANN BATCHELLER | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSE ANTONIO ADAMS MD | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| OLIVER R DI PIETRO MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY TOWLE HUMPHREY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY JEAN CATINCHI MELLA ESQ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA CANOSSA-TERRIS MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH WHALEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES E PORTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC FALKENBERG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY R CAVALIE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$240,000 | $26,307 | $266,307 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $11,192,176 | $3,427,931 | $72,453,813 | $7,764,245 |
| 2023 | $3,349,334 | $2,180,842 | $68,774,012 | $1,168,492 |
| 2022 | $2,906,140 | $2,684,518 | $62,381,637 | $221,622 |
| 2021 | $4,746,532 | $1,920,955 | $78,634,349 | $2,825,577 |
| 2020 | $4,037,744 | $2,449,547 | $71,295,048 | $1,588,197 |
| 2019 | $2,591,627 | $1,650,103 | $65,893,861 | $941,524 |
| 2018 | $2,118,119 | $1,579,084 | $55,526,157 | $539,035 |
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