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Arizona · Nonprofit

AHF SCHOOL OF ULTRASOUND INC

AHF SCHOOL OF ULTRASOUND INC (Arizona) receives grants from 10 organizations whose IRS filings report $120,365 to it, the largest being THE FRATERNAL ORDER OF EAGLES FOUNDATION ($51,878). 3 of them have funded it in more than one year.

Revenue FY2026
$3.8M
Funders on record
10
Grants received
$120k
Net assets
$2.1M
3/10 repeat funderspeak grant-dependency 2%
01What it does

What Ahf School of Ultrasound Inc does

Mission

Eliminate heart disease as a major medical issue by developing resources to fund research, education, and development in the area of cardiovascular disease.

As stated on its FY2026 Form 990.

Program

  1. Various educational programs. The foundation provided translational research laboratories wherein pre-clinical work is performed. They provided various professional training and cme professional education programs and in charge of the school of cardiac ultrasound.

    $1,820,782 spentof which $25,000 as grants$3,266,823 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,820,782.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.5M) Expenses 100 ($1.3M) Net assets 100 ($3.5M)2018 Revenue -62 ($-925465) Expenses 124 ($1.6M) Net assets 29 ($1.0M)2019 Revenue 52 ($779k) Expenses 116 ($1.5M) Net assets 9 ($310k)2020 Revenue 64 ($966k) Expenses 115 ($1.5M) Net assets -5 ($-185870)2021 Revenue 105 ($1.6M) Expenses 119 ($1.5M) Net assets -3 ($-114722)2022 Revenue 140 ($2.1M) Expenses 134 ($1.7M) Net assets 8 ($271k)2023 Revenue 163 ($2.4M) Expenses 146 ($1.9M) Net assets 24 ($854k)2024 Revenue 158 ($2.4M) Expenses 170 ($2.2M) Net assets 30 ($1.1M)2025 Revenue 200 ($3.0M) Expenses 207 ($2.6M) Net assets 38 ($1.3M)2026 Revenue 253 ($3.8M) Expenses 236 ($3.0M) Net assets 59 ($2.1M)
'17'18'19'20'21'22'23'24'25'26
Revenue (253)Expenses (236)Net assets (59)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $7.5M to $2.1M (−72%).

$7.5M
$2.1M
$1.5M
$1.1M
$1.2M
$1.6M
$3.5M
$4.7M
$4.5M
$5.6M
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 18% · 2022 7%. Grants only. Government contracts and fees sit inside program revenue.

1% of AHF SCHOOL OF ULTRASOUND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 10 reported years ran a deficit.

$229k
’17
−$2.5M
’18
−$696k
’19
−$495k
’20
$71k
’21
$386k
’22
$582k
’23
$210k
’24
$371k
’25
$798k
’26
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Eileen Spengler

Chief executive officer

Board chair

Paula Banahan

Board chair and president

As listed on its FY2026 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25'26
Listed8810101079101212
Joined·+0+5+2+0+2+2+4+3+1
No longer listed·032050311
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $28k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of AHF SCHOOL OF ULTRASOUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AHF SCHOOL OF ULTRASOUND INC leans on a few funders — its largest provides 43% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AHF SCHOOL OF ULTRASOUND INC.

43%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2018 82% · 2019 100% · 2020 80% · 2021 96% · 2022 93% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

29% of AHF SCHOOL OF ULTRASOUND INC's funders are still giving 3 years after their first grant; 30% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

AHF SCHOOL OF ULTRASOUND INC draws 67% of its grant income from funders outside Arizona, across 5 states in all.

NY
OH
CT
AZ
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Arizona out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AHF SCHOOL OF ULTRASOUND INC runs a healthier operating margin than three-quarters of the 34 health nonprofits its size.

Operating margin21% · top quartile
Months of reserve11.7mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 34 health nonprofits $1M–$10M, FY2026

Organizations like AHF SCHOOL OF ULTRASOUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

61% of spending goes to programs.

Program 61%Management 35%Fundraising 5%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

56%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for AHF SCHOOL OF ULTRASOUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AHF SCHOOL OF ULTRASOUND INC?
AHF SCHOOL OF ULTRASOUND INC (Arizona) receives grants from 10 organizations whose IRS filings report $120,365 to it, the largest being THE FRATERNAL ORDER OF EAGLES FOUNDATION ($51,878). 3 of them have funded it in more than one year.
How many funders does AHF SCHOOL OF ULTRASOUND INC have?
IRS filings report 10 organizations giving $120,365 in grants to AHF SCHOOL OF ULTRASOUND INC, 3 of which have funded it in more than one year.
Who is the largest funder of AHF SCHOOL OF ULTRASOUND INC?
THE FRATERNAL ORDER OF EAGLES FOUNDATION is the largest funder on record, with $51,878 in grants. The full list of funders is on this page.
How can an organization like AHF SCHOOL OF ULTRASOUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing