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Health : Medical Research

Vascular Cures

At the Forefront of Vascular Research

four stars

90.27

274 Redwood Shores Parkway Suite #717
Redwood City, CA 94065
tel: (650) 368-6022   Web Site
EIN: 94-2825216

Board Leadership
Edward K. Yu
Chair

CEO
Megan Patterson
Chief Executive Officer

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 90.27 four stars
  Financial 86.24 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?

Vascular Cures is the only 501(c)3 nonprofit organization representing the millions of patients with Vascular Disease in the U.S. We focus on creating long-term, shared resources to accelerate development of new treatments and improve patient health. Vascular Cures invests in breakthrough treatments for vascular disease. For almost 30 years, Vascular Cures has funded research to transform human health. As an entrepreneurial non-profit, Vascular Cures specifically designs its programs to speed the process of getting results to patients.

Vascular Cures is the only 501(c)3 nonprofit organization representing the millions of patients with Vascular Disease in the U.S. We focus on creating long-term, shared resources to accelerate development of new treatments and improve patient health. Vascular Cures invests in breakthrough treatments for vascular disease. For almost 30 years, Vascular Cures has funded research to transform human health. As an entrepreneurial non-profit, Vascular Cures specifically designs its programs to speed the process of getting results to patients.

Learn more about how we calculate the overall score and rating.

Financial

three stars

86.24

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 75.6%
  Administrative Expenses 13.5%
  Fundraising Expenses 10.7%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 1.30
  Program Expenses Growth 4.4%
  Liabilities to Assets 0.5%
All data for Financial Performance Metrics calculations was provided by Vascular Cures on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Vascular Cures on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Vascular Cures (CA) 90.27 four stars
Ovarian Cancer Research Alliance (NY) 92.01 four stars
The Hope Foundation (MI) 93.22 four stars
Multidisciplinary Association for Psychedelic Studies (MAPS) (CA) 89.33 three stars
Project ALS (NY) 85.57 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $803,581
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $803,581
   Program Service Revenue $0
Total Primary Revenue $803,581
   Other Revenue $268,224
TOTAL REVENUE $1,071,805
   
EXPENSES  
   Program Expenses $546,956
   Administrative Expenses $107,627
   Fundraising Expenses $113,335
TOTAL FUNCTIONAL EXPENSES $767,918
   
Payments to Affiliates $0
Excess (or Deficit) for the year $303,887
   
Net Assets $2,962,673

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Research Network $255,061 46.6%
The Wylie Scholar Program $170,781 31.2%
Education and Community Awareness Programs $77,261 14.1%

Ratings History
Vascular Cures has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 05/01/2021 90.27 four stars
2018-06 04/01/2020 90.94 four stars
2018-06 03/01/2020 86.05 three stars
2017-06 03/01/2019 85.41 three stars
2016-06 04/01/2018 87.25 three stars
2016-06 02/01/2018 86.18 three stars
2015-06 12/01/2016 80.37 three stars
2014-06 06/01/2016 87.56 three stars
 
CN 2.0
2014-06 12/22/2015 87.14 three stars
2014-06 12/01/2015 80.05 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 94-2825216
Name in IRS Master File VASCULAR CURES
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (162) Other medical research
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$130,000 16.92% Megan Patterson CEO
Other Salaries of Note
$129,938 16.92% Wendy R. Hitchcock Former CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Vascular Cures (CA) 90.27 four stars
Sarcoma Foundation of America (MD) 97.10 four stars
Project ALS (NY) 85.57 three stars
Population Council (NY) 90.03 four stars
It's The Journey, Inc. (GA) 90.76 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Vascular Cures
274 Redwood Shores Parkway
Suite #717
Redwood City, CA 94065
tel: (650) 368-6022
EIN: 94-2825216

Visit Web Site

Board Leadership

Edward K. Yu
Chair

CEO

Megan Patterson
Chief Executive Officer

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