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Texas · Nonprofit

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING (Texas) receives grants from 2 organizations whose IRS filings report $37,000 to it, the largest being American Heart Association Inc ($27,000). 0 of them have funded it in more than one year.

Revenue FY2024
$2.0M
Funders on record
2
Grants received
$37k
Net assets
$526k
0/2 repeat funderspeak grant-dependency 3%
01What it does

What Foundation for Advanced Cardiovascular Education and Training does

Mission

The foundation's tax exempt purpose is to promote and facilitate physician access to quality continuing medical education through facet's accredited cme program. The activities will update physicians on new diagnosis and treatment modalities, improve clinical skills, and improve patient outcomes.

As stated on its FY2024 Form 990.

Program

  1. The foundation provided accreditation for and supported additional continuing medical education programs in 2024 as follows:advanced heart - this program is designed to increase the participant's knowledge of current advances in the diagnosis and management of heart failure. This continuing education activity is intended for hospitals, cardiologists, internists, general practioners, physican assistants, nurse practioners, and nurses with an interest in heart failure care.liver transplant for acute alcoholic hepatitis - 2024 cme regarding liver transplantation and ethics for healthcare professionals.dallas echo conference - this meeting is an opportunity to learn and discuss new topics in echocardiography focused on advanced imaging as it pertains to evaluating and preparing patients for new technologies in valve, heart failure, and structural therapies.8th annual gyn onc symposium - 2024 cme regarding education for physicians, healthcare professionals, and gynecologic cancer survivors and caretakers. Hear from a multidisciplinary faculty across three specialized tracks designed for the unique interests of speech pathologists and otolaryngologists, gastroenterologists and primary…

    $1,578,319 spentof which $786,258 as grants$264,771 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,578,319.

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 ($1.2M) Expenses 100 ($839k) Net assets 100 ($358k)2018 Revenue 76 ($884k) Expenses 52 ($440k) Net assets 224 ($802k)2019 Revenue 82 ($944k) Expenses 133 ($1.1M) Net assets 176 ($630k)2020 Revenue 40 ($462k) Expenses 67 ($562k) Net assets 148 ($529k)2021 Revenue 65 ($754k) Expenses 60 ($503k) Net assets 218 ($780k)2022 Revenue 75 ($868k) Expenses 91 ($765k) Net assets 246 ($883k)2023 Revenue 118 ($1.4M) Expenses 159 ($1.3M) Net assets 255 ($915k)2024 Revenue 176 ($2.0M) Expenses 290 ($2.4M) Net assets 147 ($526k)
'17'18'19'20'21'22'23'24
Revenue (176)Expenses (290)Net assets (147)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 $358k to $802k (+124%).

$358k
$802k
$630k
$529k
$780k
$883k
$941k
$548k
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

87% of FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING’s revenue is contributions — more donation-reliant than the typical peer (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 8 reported years ran a deficit.

$318k
’17
$444k
’18
−$173k
’19
−$100k
’20
$251k
’21
$103k
’22
$32k
’23
−$389k
’24
2.7
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.

'17'18'19'20'21'22'23'24
Listed33333333
Joined·+0+0+0+0+0+0+0
No longer listed·0000000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
'26*
total
funders
1
1

From the IRS filings of FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING’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

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING leans on a few funders — its largest provides 73% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING.

73%
largest funder
100%
top three
~2
effective funders

“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.

Where its funders are

100% of FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING's grant income comes from Texas funders.

TX

Funder states come from each funder’s own filing. 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

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING has grown faster than half of the 8,121 health nonprofits its size.

Operating margin−19% · bottom quartile
Months of reserve2.7mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Organizations like FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING

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 Texas

Nationally

05Profile & governance

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

Where the money goes

65% of spending goes to programs.

Program 65%Management 35%Fundraising 0%

Governance

3
board members
67%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

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 FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING: 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 FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING?
FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING (Texas) receives grants from 2 organizations whose IRS filings report $37,000 to it, the largest being American Heart Association Inc ($27,000). 0 of them have funded it in more than one year.
How many funders does FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING have?
IRS filings report 2 organizations giving $37,000 in grants to FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING.
Who is the largest funder of FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING?
American Heart Association Inc is the largest funder on record, with $27,000 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 FY2024 (financials across 2017–2024), and the filings of 2 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