Academy of Cardiovascular Sciences Foundation USA Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The overall mission of the Academy of Cardiovascular Sciences Foundation USA Inc. is to critically review exchange information and disseminate the current knowledge on the underlying pathogenesis of cardiovascular diseases and translational approaches into prevention novel diagnostic and treatment strategies and enhance collaboration. Major emphasis is to provide educational experience and mentoring to young scientists. The goals are achieved by regular webinars annual meeting scientific programs with many invited established scientists and health professionals from all over the world. We offer regular webinar series on cardiovascular science topics by top notch scientists and physicians. In the annual meeting we offer mentoring sessions to young researchers.
- Income
- $232,259
- Spending
- $255,129
- Spent on programs
- 89%
- Reserves
- 1.7 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 56
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 58 out of 100. Higher than 24% of charities in its peer group (diseases, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 24% of charities in its peer group (diseases, under $250k).
Independent board
25 of 2515 of 19 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $197,949 spent. 2025 Annual conference was held at the Mandalay Bay Hotel Las Vegas Nevada 18-20 September 2025. The hotel payment in the amount of 168,404.57 Hotel invoice # 1545033 dated 10 13 2025 was sent to the University of Nevada Las Vegas UNLV Controllers Office for Room & tax 50,591.85 Catering and Banquets 118,196.22 and Exhibitor service 1,116.50 and the Academy wire transferred the funds to UNLV. The Academy directly paid to another invoice of Mandalay Bay for Exhibitor services Order #366055 dated 09 22 25 in the amount of 27,933.82 plus additional cost of 1,610.84. The 1500 was adjusted in the banquet cost.
- $18,238 spent. 2025 Conference expenses: Cost for the photography 1550 Audio-Visual operating cost 2400 Poster boards cost Ross Event Productions In. #12225 dated 12 02 25 for scientific poster presentation at Mandalay Bay hotel 2340 Car gas and taxi expense 246.31 Invited speakers airfare purchase 506.63 of Dr. Mina Chung travel expense reimbursement 785.21 to Dr. Kathryn Moore Meeting support and travel expense to 3 assistants- Jacqueline Clark Cynthia Rodriquez and Natalie Hernandez 2,381.06 Las Vegas Web designers cost - Peter Sanchez and Lorenzo Loera 3,092.48 Word Press website fee and other cost 515; General Material and supplies for the conference 4421
- $11,107 spent. Postdoctoral fellows Graduate students travel and awards 7200 Chase bank wire transfer fees 135 IACS-sponsored participants expense 2542 Canadian Journal of Physiology & Pharmacology Abstract publication fee 1050; Tax filing fee 180
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.