Cincinnati Education and Research for Veterans Foundation

Nonprofit profile at a glance

EIN
311347969
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5134756403
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Biomedicine, Bioengineering Research

Official website

Reported finances

Revenue
$1,256,582
Expenses
$1,689,441
Assets
$454,777
Liabilities
$77,429

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MICHAEL LINKE (PRESIDENT)
  • MARY JACKSON (CEO)

Highest reported compensation

  • ROBIN HEMPHILL MD (BOARD MEMBER): $453,478 total reported compensation
  • JANE JOHNSON (BOARD MEMBER): $289,423 total reported compensation
  • KATHLEEN M CHARD PHD (BOARD MEMBER): $251,364 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health of veterans and society by advancing the research and education mission of the cincinnati va medical center.

What it reported doing in 2024

Genetic linkage in lupus - dr. John harleyinitiated in 2022 as a subaward with children's medical center, cincinnati. The overall goal in ai024717 is to develop models of systemic lupus erythematosus (sle) etiology and pathogenesis that then constitute a conceptual framework to improve management, therapy, and prevention. In addition to our work in lupus genetics and immunochemistry, two major advances have occurred in the past two years that transform our ability to develop models of disease origin and pathogenesis. They are the discovery of zeb2 as a master regulator of the b cell type that is responsible for the production of the pathogenic autoantibodies (dai et al. Science 383:413. Pmid: 38271512). The other is the recovery and characterization of epstein-barr virus (ebv) infected b cells from sle patients (younis, et al. Sci transl med. 17(824): eady0210. Pmid: 41223250), a study to which this nih grant contributed. In combination with our earlier work, these advances have enabled us to formulate heuristic model of sle origin from ebv infection to autoantibody production, which we plan to present to the american college of rheumatology in the fall of 2026.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most filed governance safeguards are in place. A relatively small share of total spending goes to programs and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 74
  • Accountability: 75
  • Sustainability: 11
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 51.6%; rating input score 52
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 12th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -34.4%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 23.1%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 18th percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 51.6% of spending went to programs
  • Governance: 4 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $871K in reported program spending
  • Leadership: top reported pay $453K · 8 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • Review — Accountability: Independent voting board scored 57/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.