American Heart Association
also known as : American Stroke Association
7272 Greenville Avenue
Dallas, TX 75231-4596
September 2003
214-373-6300
800-242-8721
www.americanheart.org Expiration Date: March 2006
Year, State Incorporated: 1924, New York
Affiliates: 12 regional and 297 local offices.
American Stroke Association is a division of AHA.
Stated Purpose: "the reduction of disability and death from cardiovascular diseases and stroke."
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Evaluation Conclusions
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American Heart Association (AHA) meets the Standards for Charity Accountability.
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Programs
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AHA publishes brochures and other publications on subjects like nutrition and dangers of smoking. Some ($32,690,998, or 22%) of AHA's public health education efforts are carried out in conjunction with fund raising appeals. AHA funds scientific studies to obtain knowledge in the prevention, detection, and treatment of cardiovascular diseases. During 2001-2002, AHA reports that it approved 1,073 new research grants and fellowships at the state and national levels. In addition to publishing five medical journals, AHA holds professional development seminars and meetings to keep physicians, nurses and healthcare professionals versed in the latest ways to prevent or treat problems involving stroke, heart attack and other cardiovascular diseases. AHA also offers training in emergency cardiac care. According to AHA, more than six million Americans were trained in CPR and other lifesaving courses in 2001-2002. AHA also campaigned for passage of the Medicare Cholesterol Screening Coverage Act and extension of authority for the Food and Drug Administration over tobacco products. Some ($12,999,605, or 3%) of the amount reported for program expenses was in the form of contributed services, and is also recognized as a source of revenue.
For the fiscal year ended June 30, 2002, AHA's program expenses were:
Public health education 150,000,057
Research 134,267,930
Professional education and training 63,097,427
Community services 42,118,414
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Total Program Expenses $389,483,828
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Governance
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Chief Executive Officer:
Compensation*: $434,247
Highest Paid Executive: Michael Weamer, Executive Vice President, Heritage Affiliate
Compensation*: $454,226
Chair of the Board: Coletta Barrett, R.N., MHA, FAHA
Chair's Profession / Business Affiliation: Vice President, Policy Development and Research, Louisiana Hospital Association
Board Size: 41
Paid Staff Size: 3,394
* July 1, 2001 - June 30, 2002; compensation includes annual salary, and if applicable, benefit plans, expense accounts, and other allowances. The total for AHA's highest paid executive also includes incentive pay from both the 2001 and 2002 fiscal years.
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Fund Raising
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Method(s) Used: Direct mail, grant proposals, special events, cause-related marketing, planned giving, telemarketing, and Internet appeals.
Fund raising costs were 23% of related contributions. (Related contributions, which totaled $453,103,764, are donations received as a result of fund raising activities.)
AHA incurred joint costs of $65,880,360 for informational materials and activities that included fund raising appeals. Of those costs, $32,949,720 was allocated to program expenses, $31,844,663 was allocated to fund raising expenses, and $1,085,977 was allocated to administrative expenses.
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Tax Status
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This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial
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The following is based on AHA's audited consolidated (national center and affiliated Heart Associations) financial statements for the fiscal year ended June 30, 2002:
Source of Funds
Special events (net) 183,820,790
Contributions 116,834,929
Bequests 94,620,844
Sales of educational materials 36,994,106
Received indirectly from federated and unassociated fund-raising organizations 20,652,660
Split-interest agreements 18,129,807
Investment income (net) 17,276,108
Program fees 16,532,087
Contributed services 15,514,022
Miscellaneous 14,718,044
Royalty revenue 9,418,906
Perpetual trust revenue 5,172,486
Gain on disposal of fixed assets 1,621,488
Membership dues 1,329,780
Fees and grants from agencies 1,167,794
Contributed materials 1,033,138
Realized losses on investments (net) -2,967,119
Unrealized losses on beneficial interests in perpetual trusts (net) -8,906,799
Unrealized losses on investments -10,559,053
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Total Income $532,404,018
Uses of Funds as a % of Total Expenses
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Use your mouse to place the cursor over the the Pie Chart to see each value.
Total income $532,404,018
Program expenses $389,483,828
Fund raising expenses 104,636,601
Administrative expenses 37,729,972
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Total expenses ($531,850,401)
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Income in Excess of Expenses 553,617
Beginning net assets 551,074,969
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Ending net assets 551,628,586
Total liabilities 332,937,666
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Total assets $884,566,252
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