The Geneva Foundation
Legal name: Geneva Foundation
Nonprofit profile at a glance
- EIN
- 911593913
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Bethesda, MD, USA
- Phone
- 253.383.1398
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- General Science
Reported finances
- Revenue
- $60,848,687
- Expenses
- $64,454,380
- Assets
- $25,163,258
- Liabilities
- $23,729,297
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- ELISE HUSZAR (PRESIDENT & CEO)
Highest reported compensation
- ANDRIY BATCHINSKY (PRINCIPLE INVESTIGATOR): $338,757 total reported compensation
- ELISE HUSZAR (PRESIDENT & CEO): $298,740 total reported compensation
- MATTHEW RUECKERT (CHIEF OPERATING OFFICER): $260,789 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Accelerating solutions that protect service members and enhance the nation's medical readiness, while advancing innovation at the intersection of science, service, and strategy.
What it reported doing in 2024
The geneva foundation is a non-profit that advances military medicine through research, development, and education. Geneva is proud to have more than 30 years of experience delivering full-spectrum scientific, technical, and program management expertise as we aim to ensure optimal health for service members and the communities they serve. As a global organization with over 50 locations and more than 400 employees, geneva is committed to our vision to lead the way in transforming military medicine to save lives worldwide. Geneva continues to expand our research solutions through multi-disciplinary collaborations within and outside the dod in 35+ research areas, including infectious disease and biosecurity, operational medicine, combat casualty care, rehabilitative medicine, and brain health.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 54
- Accountability: 91
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 92.3%; rating input score 92; 41st percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.9%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 10th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 87.1% of revenue deployed · 82.3% of spending went to programs
- Governance: 12 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $53M in reported program spending
- Leadership: top reported pay $339K · 20 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 5 filed schedules · includes foreign activity and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.