AMERICAN COLLEGE OF CARDIOLOGY CO … - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

AMRUT AMBARDEKAR MD FAC

Phone

8774605880

Tax Period

2024-01-01 to 2024-12-31

AMERICAN COLLEGE OF CARDIOLOGY CO - CHAPTER, founded in 1990, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 236% from the prior year, signaling strong growth momentum. The organization ran a surplus of $690K, a strong 64% operating margin.

Mission

TO TRANSFORM CARDIOVASCULAR CARE AND IMPROVE HEART HEALTH.

Program Service Accomplishments

Program 1

THE MEMBERS ATTENDED NATIONAL MEETINGS. TOPICS OF RELEVANCE TO THEIR PROFESSION WERE DISCUSSED.

Program 2

HOSTED SPECIAL SPEAKERS THROUGHOUT THE YEAR FOR THE BENEFIT OF MEMBERSHIP.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,004,027

Program Service Revenue $69,568

Investment Income $607

Other Revenue $651

TOTAL REVENUE $1,074,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $385,341

TOTAL EXPENSES $385,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,074,853	$319,699	+2.4%
Expenses	$385,341	$223,640	+0.7%
Net Income	$689,512	$96,059	+6.2%

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
MORI KRANTZ MD FACC	GOVERNOR	1.00	Officer Director	$0	$0	$0
JOSEPH C CLEVELAND JR MD FACC	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
AMRUT AMBARDEKA MD FACC	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID A ROSENBAUM MD FACC	EX-OFFICIO	1.00	Director	$0	$0	$0
JOHN MESSENGER MD FACC	EX-OFFICIO	1.00	Director	$0	$0	$0
JUSTIN STROTE MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
ANDREW FREEMAN MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
JOSEPH E B BURCHENAL MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
PAYAL KOHLI MD FACC	COUNCILOR, WIC CO-CHAIR	1.00	Director	$0	$0	$0
LAVANYA KONDAPALLI MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
GEORGE D GIBSON MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
GRANT BAILEY	COUNCILOR	1.00	Director	$0	$0	$0
DAVID S LEE MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
T BRETT REECE MD FACC	COUNCILOR	1.00	Director	$0	$0	$0
KAMAL HENDERSON MD	COMMUNITY CLINICAL CONNECT	1.00	Director	$0	$0	$0
M EUGENE SHERMAN MD FACC	ADVOCACY	1.00	Director	$0	$0	$0
SHEA HOGAN MD FACC	WIC CO-CHAIR	1.00	Director	$0	$0	$0
KRISTY GAMA MSN APRN NP	CARDIOVASCULAR TEAM	1.00	Director	$0	$0	$0
ALEXIS TUMOLO MD FACC	ELECTROPHYSIOLOGY SECTION	1.00	Director	$0	$0	$0
KARL GORDON PATTI MD	DIVERSITY EQUITY & INCLUSI	1.00	Director	$0	$0	$0
LIANNA S COLLINGE CAE	CHAPTER CEO	1.00	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
2025	No data	No data	No data	No data
2024	$1,074,853	$385,341	$1,242,844	$689,512
2023	$319,699	$223,640	$372,931	$96,059
2022	$288,476	$263,052	$226,872	$25,424
2019	$235,097	$138,423	$250,616	$96,674

AMERICAN COLLEGE OF CARDIOLOGY CO - CHAPTER