Carondelet Heart And Vascular Institute
EIN: 561943271 · Tucson, AZ
| Metric | Value |
|---|---|
| Total Revenue | $45.9M |
| Net Assets | $-66,294,461 |
Is Carondelet Heart And Vascular Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carondelet Heart And Vascular Institute
Carondelet Heart And Vascular Institute (EIN: 561943271) is a nonprofit organization based in Tucson, AZ. The organization reported total revenue of $45.9M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carondelet Heart And Vascular Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carondelet Heart And Vascular Institute is a large nonprofit that has been operating for 80 years, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -95.3%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $0 |
| Surplus / Deficit | +$102K |
| Total Assets | $210K |
| Total Liabilities | $66.5M |
| Net Assets | $-66,294,461 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 31653.5% |
Financial Health Grade: B
In 2014, Carondelet Heart And Vascular Institute reported a surplus of $102K with revenue exceeding expenses, has a debt-to-asset ratio of 31653.5% (high leverage).
Financial Trends
Over 3 years of filings (2012–2014), Carondelet Heart And Vascular Institute's revenue has declined at a compound annual growth rate (CAGR) of -95.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -96.6% | -100.0% | — |
| 2013 | -93.6% | -78.2% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carondelet Heart And Vascular Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carondelet Heart And Vascular Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 31653.5%.
Frequently Asked Questions about Carondelet Heart And Vascular Institute
Is Carondelet Heart And Vascular Institute a legitimate charity?
Carondelet Heart And Vascular Institute (EIN: 561943271) is a registered tax-exempt nonprofit based in Arizona. It has 3 years of IRS 990 filings on record. Total revenue: $45.9M. No red flags identified. Financial health grade: B.
How does Carondelet Heart And Vascular Institute spend its money?
Carondelet Heart And Vascular Institute reported $45.9M in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carondelet Heart And Vascular Institute tax-deductible?
Carondelet Heart And Vascular Institute is registered as a tax-exempt nonprofit (EIN: 561943271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carondelet Heart And Vascular Institute located?
Carondelet Heart And Vascular Institute is headquartered in Tucson, Arizona and files with the IRS under EIN 561943271.
How many years of IRS 990 filings does Carondelet Heart And Vascular Institute have?
Carondelet Heart And Vascular Institute has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $45.9M in total revenue.
Filing History
IRS 990 filing history for Carondelet Heart And Vascular Institute showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Carondelet Heart And Vascular Institute's revenue has declined by 99.8%, moving from $45.9M to $102K. Total assets decreased by 98.1% over the same period, from $11.3M to $210K. Total functional expenses fell by 100%, from $75.3M to $0. The organization holds $66.5M in liabilities against $210K in assets (debt-to-asset ratio: 31653.5%), resulting in net assets of $-66,294,461.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $102K | $0 | $210K | $66.5M | — | View 990 |
| 2013 | $3.0M | $16.4M | $0 | $67.2M | — | View 990 |
| 2012 | $45.9M | $75.3M | $11.3M | $60.6M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $102K, expenses of $0, and assets of $210K (revenue -96.6% year-over-year).
- 2013: Revenue of $3.0M, expenses of $16.4M, and assets of $0 (revenue -93.6% year-over-year).
- 2012: Revenue of $45.9M, expenses of $75.3M, and assets of $11.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carondelet Heart And Vascular Institute:
Data Sources and Methodology
This transparency report for Carondelet Heart And Vascular Institute 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.