Myocarditis Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MYOCARDITIS FOUNDATION IS DEDICATED TO PROVIDING ACCURATE AND UP-TO-DATE INFORMATION TO MEDICAL PROFESSIONALS, PATIENTS AND THEIR FAMILIES, AND TO THE SCIENTIFIC ADVANCEMENT OF BOTH THE DIAGNOSIS AND TREATMENT OF THE DISEASE WITH THE GOAL OF SAVING MORE LIVES.
- Income
- $468,356
- Spending
- $468,355
- Spent on programs
- 81%
- Reserves
- 55.2 months of spending
- Largest source of income
- other income, 41%
- Employees
- 3
- Volunteers
- 50
- Highest pay
- $107,000, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 87 out of 100. Higher than 59% of charities in its peer group (medical research, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 55.2 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
5 of 15Income fell 16% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 88% of charities in its peer group (medical research, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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, 2024, 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 (4)
- $171,515 spent. THE FOUNDATION EMPLOYS AN EXECUTIVE DIRECTOR WHO ENSURES THAT THE PROGRAMS AND SERVICES OFFERED BY THE ORGANIZATION CONTRIBUTE TO THE ORGANIZATION'S MISSION AND REFLECT THE PRIORITIES OF THE BOARD. SHE DIRECTS AND IMPLEMENTS THE DELIVERY OF THE PROGRAMS AND SERVICES, DEVELOPS FUNDING SOURCES TO MAINTAIN THE MISSION, PROMOTES THE FOUNDATION TO OUTSIDE ORGANIZATIONS, ORGANIZES THE ANNUAL FAMILY AND RESEARCHERS MEETINGS, DEVELOPS THE BIANNUAL NEWSLETTER, WRITES A WEEKLY WEB AND FACEBOOK BLOG, PARTICIPATES AT HEALTH FAIR BOOTHS AND NATIONAL AND INTERNATIONAL MEDICAL CONFERENCES, ATTENDS COMMUNITY ACTIVITIES, HANDLES ALL DIRECT COMMUNICATIONS WITH AFFECTED PATIENTS AND FAMILIES, AND IS THE SPOKESPERSON FOR THE FOUNDATION.
- $161 spent. THE FOUNDATION WORKS TO RAISE AWARENESS AND PROMOTE EDUCATION OF MYOCARDITIS BY SPONSORING CONFERENCES AND LECTURES DIRECTED TO BOTH THE PUBLIC AND TO PHYSICIAN GROUPS THAT DEAL WITH MYOCARDITIS, ITS CAUSES, SYMPTOMS, DIAGNOSIS AND TREATMENT. IT ALSO DEVELOPS EDUCATIONAL MATERIALS, PAMPHLETS, AND PUBLICATIONS FOR USE BY THE PUBLIC, FAMILIES AND PHYSICIANS.
- $99,983 spent. THE MYOCARDITIS FOUNDATION IS LED BY WORLD-RENOWN PHYSICIANS, RESEARCHERS AND PATIENTS WHO VOLUNTEER THEIR TIME. IT FUNDS RESEARCH FELLOWSHIP PROJECTS AND PARTNERS WITH RESEARCHERS IN ORDER TO IMPROVE DIAGNOSIS AND FIND NEW THERAPIES.
- $107,503 spent. OTHER PROGRAM SERVICES INCLUDE CONFERENCES, CONVENTIONS AND MEETINGS, PRINTING OF NEWSLETTERS AND PUBLICATIONS, TRAVEL, POSTAGE, AND OTHER EXPENSES.
Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.