Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2007.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
94 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990; $38K paid to officers and key staff.
Kim Ray RN’s $20K as Deputy Executive Director is at the 2nd percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kim Ray RN | $19,650 | $27,740 | $25,000 | $15,700 | — |
| Michaleen Wallig | $12,000 | $14,000 | $7,000 | $22,000 | $18,000 |
| Kim Ray MD | — | — | — | — | $14,950 |
| Norm Linsky | $6,000 | $6,000 | $6,000 | $5,500 | $1,500 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Educates medical professionals on new treatments for congenital and structural heart disease.
Questions for Pediatric Interventional Cardiacsymposium Foundation
Your first name shows with your question. Pediatric Interventional Cardiacsymposium Foundation answers here, for everyone.
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Annual symposium for healthcare professionals. The purpose of the symposium is to educate physicians and healthcare professionals involved in the care of children and adults with congenital and structural heart disease in the latest advances in the field of interventional therapies for congenital and structural heart defects.
Publications
Pics regularly publishes scholarly studies used by colleges, universities, hospitals, and the general public. In 2023, pics released a global clinical guideline for CHD treatment, published in multiple journals and shared with media and professionals.
Membership dues. Pics society. The mission of the pics society is to promote the highest quality care globally for infants, children and adults with congenital heart disease through minimally invasive techniques and to further knowledge and skills of all involved, fostering research, education and advocacy.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.3M | $1.4M |
| InvestmentsLn 11–13 | $50K | $50K |
| Total assetsLn 16 | $1.4M | $1.4M |
| LiabilitiesLn 26 | $42 | $5K |
| Net assetsLn 32 | $1.4M | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $5K | $5K | ||
| Pay of current officers, directors and key staffLn 5 | $38K | $20K | $18K | |
| Management feesLn 11a | $91K | $91K | ||
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $20K | $20K | ||
| Other fees for servicesLn 11g | $24K | $24K | ||
| Office expensesLn 13 | $2K | $2K | ||
| Information technologyLn 14 | $21K | $21K | ||
| TravelLn 17 | $86K | $86K | ||
| Conferences, conventions and meetingsLn 19 | $1.6M | $1.6M | $4K | |
| Other expenses (24a–d)Ln 24 | $81K | $41K | $40K | |
| All other expensesLn 24e | $29K | $11K | $18K | |
| Total functional expensesLn 25 | $2.0M | $1.9M | $127K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $2.0M | $2.0M | $26K | $1.4M | 990 PDF |
| FY2023 | $1.0M | $840K | $160K | $1.4M | 990 PDF |
| FY2022 | $1.7M | $1.9M | −$263K | $1.2M | 990 PDF |
| FY2021 | $1.5M | $1.5M | $27K | $1.5M | 990 PDF |
| FY2020 | $748K | $317K | $431K | $1.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $2,012,583 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 3 to look at
Part VIII · Statement of revenue $2,012,583 across 5 lines filed
Part IX · Statement of functional expenses $1,987,064 across 12 lines filed
Part X · Balance sheet $1,414,391 assets, 7 lines filed
Part XI · Reconciliation of net assets $1,408,943 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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