American Society For Preventive Cardiology
American Society For Preventive Cardiology shows strong asset growth and no executive compensation.
EIN: 203751298 · Jacksonville, FL · NTEE: G43 · Updated: 2026-03-28
Is American Society For Preventive Cardiology Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Society For Preventive Cardiology directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Society For Preventive Cardiology
American Society For Preventive Cardiology (EIN: 203751298) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code G43. The organization reported total revenue of $1.6M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Society For Preventive Cardiology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Society For Preventive Cardiology is a mid-size nonprofit that has been operating for 3 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 25.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$190K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 11.7% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, American Society For Preventive Cardiology reported a surplus of $190K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2023), American Society For Preventive Cardiology's revenue has grown at a compound annual growth rate (CAGR) of 25.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +200.6% | +174.6% | +22.3% |
| 2020 | -33.5% | -27.8% | +4.2% |
| 2019 | -53.8% | -33.2% | +11.1% |
| 2018 | +93.1% | +47.6% | +95.2% |
| 2017 | +47.9% | +24.0% | +66.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Society For Preventive Cardiology with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, American Society For Preventive Cardiology allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $190K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for American Society For Preventive Cardiology:
- Consistent 0% officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Strong asset growth from $9,060 in 2012 to $1,354,060 in 2023, demonstrating financial health.
- No reported liabilities in the latest filing (202310), indicating excellent financial management.
- Significant revenue growth from $131,014 in 2012 to $1,623,329 in 2023, showing increasing support and impact.
- Positive net income in most years, including a surplus of $190,436 in 2023 ($1,623,329 revenue - $1,432,893 expenses).
Frequently Asked Questions about American Society For Preventive Cardiology
Is American Society For Preventive Cardiology a legitimate charity?
Based on AI analysis of IRS 990 filings, American Society For Preventive Cardiology (EIN: 203751298) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does American Society For Preventive Cardiology spend its money?
American Society For Preventive Cardiology directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Society For Preventive Cardiology tax-deductible?
American Society For Preventive Cardiology is registered as a tax-exempt nonprofit (EIN: 203751298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Society For Preventive Cardiology a good charity?
Based on the available IRS 990 data, the American Society For Preventive Cardiology appears to be a very good charity. It demonstrates strong financial health with growing assets and no liabilities in its latest filing, consistent revenue growth, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings.
How has the organization's revenue changed over time?
The organization has experienced substantial revenue growth, increasing from $131,014 in 2012 to $1,623,329 in 2023, indicating a significant expansion of its operations and support base.
What is the organization's financial stability?
The organization exhibits strong financial stability, particularly in its latest filing (202310) where it reported $1,354,060 in assets and $0 in liabilities, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for American Society For Preventive Cardiology showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), American Society For Preventive Cardiology's revenue has grown by 1139.1%, moving from $131K to $1.6M. Total assets increased by 14845.5% over the same period, from $9K to $1.4M. Total functional expenses rose by 1050.3%, from $125K to $1.4M. In its most recent filing year (2023), American Society For Preventive Cardiology reported a surplus of $190K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $1.4M | $0 | — | — |
| 2020 | $540K | $522K | $1.1M | $27K | — | — |
| 2019 | $812K | $723K | $1.1M | $0 | — | — |
| 2018 | $1.8M | $1.1M | $956K | $0 | — | — |
| 2017 | $911K | $733K | $490K | $250K | — | View 990 |
| 2016 | $616K | $591K | $294K | $232K | — | View 990 |
| 2015 | $342K | $328K | $0 | $0 | — | View 990 |
| 2014 | $184K | $211K | $26K | $5K | — | View 990 |
| 2013 | $186K | $145K | $59K | $11K | — | View 990 |
| 2012 | $131K | $125K | $9K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $1.4M (revenue +200.6% year-over-year).
- 2020: Revenue of $540K, expenses of $522K, and assets of $1.1M (revenue -33.5% year-over-year).
- 2019: Revenue of $812K, expenses of $723K, and assets of $1.1M (revenue -53.8% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.1M, and assets of $956K (revenue +93.1% year-over-year).
- 2017: Revenue of $911K, expenses of $733K, and assets of $490K (revenue +47.9% year-over-year).
- 2016: Revenue of $616K, expenses of $591K, and assets of $294K (revenue +80.0% year-over-year).
- 2015: Revenue of $342K, expenses of $328K, and assets of $0 (revenue +86.4% year-over-year).
- 2014: Revenue of $184K, expenses of $211K, and assets of $26K (revenue -1.1% year-over-year).
- 2013: Revenue of $186K, expenses of $145K, and assets of $59K (revenue +41.8% year-over-year).
- 2012: Revenue of $131K, expenses of $125K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Society For Preventive Cardiology:
Data Sources and Methodology
This transparency report for American Society For Preventive Cardiology is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.