CARDIOVASCULAR IMPLANT DURABILITY … - 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

2020

Legal Domicile

Phone

6509355173

Tax Period

2025-01-01 to 2025-12-31

CARDIOVASCULAR IMPLANT DURABILITY INC, founded in 2020, is a small nonprofit in the Education sector that reported $492K in total revenue in fiscal year 2025. The organization ran a surplus of $164K, a strong 33% operating margin.

Mission

CARDIOVASCULAR IMPLANT DURABILITY,INC. PLANS, MANAGES,AND HOLDS SCIENTIFIC CONFERENCES TO ADVANCE EDUCATION AND RESEARCH RELATED TO CARDIOVASCULAR DEVICES.

Program Service Accomplishments

Program 1

Expenses: $257,889 Revenue: $146,183

BIANNUAL CONFERENCE TO PROMOTE EDUCATION AND SCIENTIFIC ADVANCES IN THE MEDICALDEVICE INDUSTRY AND CREATES OPPORTUNITIES TO LEARN AND GAIN KNOWLEDGE ON SCIENTIFICIMPROVEMENTS THAT CAN BE MADE TO...

BIANNUAL CONFERENCE TO PROMOTE EDUCATION AND SCIENTIFIC ADVANCES IN THE MEDICALDEVICE INDUSTRY AND CREATES OPPORTUNITIES TO LEARN AND GAIN KNOWLEDGE ON SCIENTIFICIMPROVEMENTS THAT CAN BE MADE TO ADVANCE CARDIOVASCULAR DEVICES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $345,420

Program Service Revenue $146,182

Investment Income $0

Other Revenue $0

TOTAL REVENUE $491,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,000

Fundraising Expenses $0

Program Expenses $257,889

Other Expenses $133,825

TOTAL EXPENSES $327,825

Year-over-Year Comparison

	2025	2024	Change
Revenue	$491,602	N/A	N/A
Expenses	$327,825	N/A	N/A
Net Income	$163,777	N/A	N/A

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

N/A

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

$130,000

Total Directors

$98,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER CHENG	President	8.00	Officer Director	$70,000	$0	$70,000
CHARLEEN CHENG	Secretary	10.00	Officer	$60,000	$0	$60,000
KELLY SUH	DIRECTOR	5.00	Director	$18,000	$0	$18,000
CRAIG BONSIGNORE	Director	2.00	Director	$10,000	$0	$10,000
TOM DUERIG	Treasurer	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	$491,602	$327,825	$460,973	$163,777
2023	$507,995	$406,691	$322,237	$101,304
2022	$273,996	$373,731	$220,933	$-99,735
2021	$263,948	$2,487	$320,668	$261,461

CARDIOVASCULAR IMPLANT DURABILITY INC