Tampa Va Research & Education Foundation Inc
Nonprofit profile at a glance
- EIN
- 593444354
- IRS 990 coverage
- 2013–2025
- Forms available
- Form 990 2025
- Location
- Temple Terrace, FL, USA
- Phone
- 8137802623
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Medical Disciplines Research
Reported finances
- Revenue
- $4,838,174
- Expenses
- $4,124,070
- Assets
- $5,241,031
- Liabilities
- $1,003,853
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DOUGLAS L REEDER (EXECUTIVE DIRECTOR)
Highest reported compensation
- DAVID WHITAKER MD (DIRECTOR): $498,187 total reported compensation
- CHRISTOPHER BLASY MD (DIRECTOR): $450,880 total reported compensation
- JOHN F TONEY MD (DIRECTOR): $270,963 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Medical research which includes the conduct of investigations, experiments and studies to discover, develop and/or verify knowledge relating to the causes, diagnosis, treatment, prevention and/or control of physical or mental diseases and impairments of human beings. Such activities encompass the associated disciplines spanning the biological, social and behavioral sciences.
What it reported doing in 2025
I-heal (improving health care access and engagement for veterans and service members with tbi morbidity): expanded healthcare access and engagement for veterans and service members experiencing traumatic brain injury (tbi). In 2025, successfully recruited and enrolled 264 total participants across all projects. Year-over-year performance metrics demonstrated significant growth: "impact" activities (provision of testimony, citation in policy documents) increased 145% to 22; "influence" markers (media mentions, peer-reviewed citations) rose 145% to 59; and "awareness" (digital resource downloads, product creation) grew over 10,000% to reach 78,659 individuals. Over 20 dissemination activities were presented in 2025.
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 81% 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 the filed numbers largely add up. A relatively small share of voting board members are independent and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 79
- Accountability: 59
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72%; rating input score 72
- Program expense ratio: 83.9%; rating input score 84
- 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: 100%; rating input score 100; 75th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 28.6%; rating input score 29; 9th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 2.9%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 72% of revenue deployed · 83.9% of spending went to programs
- Governance: 2 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $3.5M in reported program spending
- Leadership: top reported pay $498K · 8 people listed · 2 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 13 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 29/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.