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Massachusetts · Nonprofit

HEART VALVE SOCIETY

HEART VALVE SOCIETY (Massachusetts) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being AMERICAN CARDIOVASCULAR RESEARCH FOUNDATION INC ($10,000). 0 of them have funded it in more than one year.

Revenue FY2024
$593k
Funders on record
1
Grants received
$10k
Net assets
$218k
0/1 repeat funders
01What it does

What Heart Valve Society does

Mission

To advance development, recognition, and knowledge in the area of heart valve diseases.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

Mital vrn - an international collaboration of physicans and scientists interested in advancing knowledge of mitral and tricuspid valve disease.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Annual scientific conference - the society provides a forum to advance development, recognition, and knowledge in the area of heart valve diseases.

    $339,450 spentof which $2,000 as grants$273,305 earned by the program
    55% of program spending
  2. Aviator project - development of a heart valve surgical registry for the scientific evaluation of heart valve surgical outcome.

    $114,211 spent
    18% of program spending
  3. Mital vrn - an international collaboration of physicans and scientists interested in advancing knowledge of mitral and tricuspid valve disease.

    $108,491 spent
    18% of program spending
  4. Borer poster award; committees - the society assembles committees and networks to help organize and operate various functions of the society; publication - journal subscriptions for members

    $57,522 spentof which $1,750 as grants$10,000 earned by the program
    9% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $619,674.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($747k) Expenses 100 ($817k) Net assets 100 ($236k)2019 Revenue 61 ($453k) Expenses 58 ($472k) Net assets 92 ($217k)2020 Revenue 51 ($377k) Expenses 49 ($400k) Net assets 82 ($194k)2021 Revenue 19 ($143k) Expenses 25 ($207k) Net assets 55 ($130k)2022 Revenue 96 ($715k) Expenses 66 ($542k) Net assets 147 ($347k)2023 Revenue 73 ($549k) Expenses 67 ($544k) Net assets 149 ($352k)2024 Revenue 79 ($593k) Expenses 89 ($727k) Net assets 92 ($218k)
2018201920202021202220232024
Revenue (79)Expenses (89)Net assets (92)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 2021 to 2022, from $193k to $380k (+97%).

$247k
$248k
$195k
$193k
$380k
$449k
$340k
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

44% of HEART VALVE SOCIETY’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 reported years ran a deficit.

−$71k
’18
−$19k
’19
−$23k
’20
−$64k
’21
$174k
’22
$5k
’23
−$134k
’24
2.2
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.

2018201920202021202220232024
Listed14181621222422
Joined·+5+1+6+3+7+0
No longer listed·131252
03Who funds it

Who funds it, year by year

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

Funder
'17
total
funders
1

From the IRS filings of HEART VALVE SOCIETY’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.

Where its funders are

HEART VALVE SOCIETY draws 100% of its grant income from funders outside Massachusetts, across 1 state in all.

NY

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

HEART VALVE SOCIETY's revenue fell 21% between 2018 and 2024.

Operating margin−23% · bottom quartile
Months of reserve2.2mo · bottom quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Organizations like HEART VALVE SOCIETY

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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 2 states

NY
MA

Screen this organization

A dated, signed PDF of the compliance screen for HEART VALVE SOCIETY: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HEART VALVE SOCIETY?
HEART VALVE SOCIETY (Massachusetts) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being AMERICAN CARDIOVASCULAR RESEARCH FOUNDATION INC ($10,000). 0 of them have funded it in more than one year.
How many funders does HEART VALVE SOCIETY have?
IRS filings report 1 organization giving $10,000 in grants to HEART VALVE SOCIETY.
Who is the largest funder of HEART VALVE SOCIETY?
AMERICAN CARDIOVASCULAR RESEARCH FOUNDATION INC is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like HEART VALVE SOCIETY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 2018–2024), and the filings of 1 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