Veterans Research Alliance

Nonprofit profile at a glance

EIN
263695803
IRS 990-EZ coverage
2015–2017
Forms available
Form 990 2014, Form 990-EZ 2017, Form 990-N 2009
Location
San Diego, CA, USA
Phone
6196921040
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$17,876
Expenses
$196,388
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Jamie Altman (Vice President)
  • JOEL BRILLIANT (President & CEO)

People named in this filing

  • Archie Kuehn (Treasurer)
  • Jamie Altman (Vice President)
  • JOEL BRILLIANT (President & CEO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Supporting medical research for U.S. Veterans.

What it reported doing in 2017

James R. and Jesse V. Scott Fund for Shingles ResearchThis fund supports the Shingles Research conducted by Dr. Oxman and his team. Dr. Oxman has led the design and implementation of a VA Cooperative Study aimed at developing a vaccine to prevent shingles, a painful viral condition affecting more than a million people in the US each year, including many veterans. As a direct result of his large scale project, the Food and Drug Administration licensed the vaccine and the Center for Disease Control and Prevention recommended that all adults 60 and over be vacinated against shingles. These VRC held funds are intended to build upon this ground breaking research and to identify genetic differences in patients. Dr. Oxman and his team are trying to learn more about how genes may influence how well the vaccine works, and if genetic differences have something to do with the severity of a patient's case of shingles. This vitally important follow up work is currently unfunded and will only move forward because of this VRC funding.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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 total spending goes to programs and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 33.9%; rating input score 34

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -998.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -67% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -40.3% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -63.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 33.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $67K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • 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.

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.

  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.