VETERANS MEDICAL RESEARCH FOUNDATION OF SAN DIEGO (EIN 330189397) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

MARIA SITTMANN

Phone

8586423070

Tax Period

2024-10-01 to 2025-09-30

VETERANS MEDICAL RESEARCH FOUNDATION OF SAN DIEGO, founded in 1989, is a mid-sized nonprofit in the Medical Research sector that reported $16.0M in total revenue in fiscal year 2024.

Mission

TO ENHANCE THE HEALTH OF VETERANS OF ALL GENERATIONS THROUGH RESEARCH AND EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,462,602

Program Service Revenue $3,568,210

Investment Income $0

Other Revenue $0

TOTAL REVENUE $16,030,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,259,781

Fundraising Expenses $0

Program Expenses $11,821,650

Other Expenses $5,301,117

TOTAL EXPENSES $16,560,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,030,812	$16,594,911	0.0%
Expenses	$16,560,898	$17,399,284	0.0%
Net Income	$-530,086	$-804,373	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

112

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$664,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE HEKMAN VADM USN RET	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
PHILLIP L JELSMA ESQ	CHAIRMAN	4.00	Officer Director	$0	$0	$0
MICHAEL KIEFER MHA FACHE	DIRECTOR	1.00	Director	$0	$0	$0
NILOOFAR AFARI PH D	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN SAMIT ESQ	DIRECTOR	1.00	Director	$0	$0	$0
PAUL PEARIGEN MD RDML USN RET	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE GILLINGHAM MD RADM USN RET	DIRECTOR	1.00	Director	$0	$0	$0
LARRY EDDINGFIELD CAPT USN RET	DIRECTOR	1.00	Director	$0	$0	$0
FRANK PEARSON DPT PA-C	DIRECTOR	1.00	Director	$0	$0	$0
ERICA LIN MD	DIRECTOR	1.00	Director	$0	$0	$0
ADRIAN DOLLARHIDE MD	DIRECTOR	1.00	Director	$0	$0	$0
MARK BIPES RDML USN RET	DIRECTOR	1.00	Director	$0	$0	$0
ADAM CASSIUS	CFO	40.00	Officer	$223,879	$35,763	$259,642
MARIA SITTMANN	EXECUTIVE DIRECTOR/CEO	40.00	Officer	$385,281	$19,997	$405,278
RUTH M HARBECKE	RESEARCH ASSOCIATE	40.00	Highest	$142,226	$33,682	$175,908
MATTHEW DOHNER	PRE AWARD DIRECTOR	40.00	Highest	$132,791	$34,215	$167,006
JEAN FREISER	POST AWARD DIRECTOR	40.00	Highest	$127,290	$18,759	$146,049
JAMES F CHRISTIAN	IT MANAGER	40.00	Highest	$109,461	$10,728	$120,189
MARI V BRAY	VMU DIRECTOR	40.00	Highest	$116,172	$17,676	$133,848

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$16,030,812	$16,560,898	$4,790,926	$-530,086
2024	$16,594,911	$17,399,284	$6,698,249	$-804,373
2023	$15,912,570	$16,424,334	$6,229,193	$-511,764
2022	$16,367,755	$16,172,854	$7,321,086	$194,901
2021	$14,783,197	$15,415,110	$7,175,290	$-631,913
2020	$15,896,245	$16,115,745	$8,524,692	$-219,500
2019	$14,851,993	$15,147,503	$6,701,268	$-295,510
2018	$16,020,213	$17,117,367	$6,101,482	$-1,097,154

VETERANS MEDICAL RESEARCH FOUNDATION OF SAN DIEGO