Loma Linda Veterans Association for Research and Education

EIN: 330305099 501(c)(3) Medical Research

SN BERNRDNO, CA

Total Revenue
$3,363,898
Total Expenses
$4,439,541
Total Assets
$3,398,406
Net Assets
$3,023,595
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
CA
Principal Officer
Sabry Eassa
Phone
9095836250
Tax Period
2024-10-01 to 2025-09-30

Loma Linda Veterans Association for Research and Education, founded in 1988, is a community nonprofit in the Medical Research sector that reported $3.4M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $4.4M exceeded revenue, resulting in a 32% operating deficit.

Mission

The mission of LLVARE is to support basic and clinical research in an effort to prevent or treat human disease and afflictions in particular for our nations Veterans. See schedule O for more details.

Program Service Accomplishments

Program 1
Expenses: $3,599,097 Revenue: $0

In the fiscal year ending September 30 2025 LLVARE was engaged in 26 clinical and basic research projects. These projects included investigations in areas including diabetes oncology cardiovascular...

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In the fiscal year ending September 30 2025 LLVARE was engaged in 26 clinical and basic research projects. These projects included investigations in areas including diabetes oncology cardiovascular disease musculoskeletal disease audiology and hearing impairment gastroenterology and mental health. The projects that LLVARE supports are predominantly multi-year basic science studies and clinical trials that seek to understand the basis of human disease in order to relieve suffering and improve the quality of life for this nations military veteran population. See Schedule O for more information.

Program 2
Expenses: $124,523 Revenue: $0

LLVARE provides support to clinicians and basic scientists that serves to enhance the productivity of a range of research programs conducted at the VA Loma Linda Healthcare System. Research support...

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LLVARE provides support to clinicians and basic scientists that serves to enhance the productivity of a range of research programs conducted at the VA Loma Linda Healthcare System. Research support includes funding for investigators and research staff to attend lectures seminars training program and conferences. These programs provide opportunities for researchers to interact with other researchers to present the results of their own research and to keep abreast of current advances in their respective fields of research. See Schedule O for more information.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,143,039
Program Service Revenue $2,174,634
Investment Income $46,225
Other Revenue $0
TOTAL REVENUE $3,363,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $309,661
Fundraising Expenses $0
Program Expenses $3,723,620
Other Expenses $4,129,880
TOTAL EXPENSES $4,439,541

Year-over-Year Comparison

2024 2023 Change
Revenue $3,363,898 $3,894,021 -0.1%
Expenses $4,439,541 $4,495,208 0.0%
Net Income $-1,075,643 $-601,187 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
3
Employees
N/A
Volunteers
N/A

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
1
$381,942
Total Directors
7
$1,359,720
Key Employees
0
$0
Highest Compensated
8
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
V Franklin Sechriest II Secretary 2.00
Officer Director
$0 $0 $381,942
Sharon Kiang Board Member 2.00
Director
$0 $0 $367,405
Hana El Ado Mikdachi Board Chair 2.00
Director
$0 $0 $321,871
Scott D Kelter Board Member 2.00
Director
$0 $0 $169,139
Marjorie Leek Board Member 2.00
Director
$0 $0 $0
Jonathan Venezia Board Member 2.00
Director
$0 $0 $119,363
Kyle Chapman Board Member 2.00
Director
$0 $0 $0
Colin Rasmussen Executive Director 40.00
$148,773 $12,905 $161,678
Matilda Sheng Research Scientist 40.00
Highest
$132,288 $5,349 $137,637
David Wolf Research Scientist 40.00
Highest
$104,183 $9,665 $113,848
R Lynne Ruybalid Scientific Director CRG 40.00
Highest
$120,288 $10,680 $130,968
Weirong Xing Research Scientist 40.00
Highest
$132,198 $11,046 $143,244
Bouchra Edderkaoui Research Scientist 40.00
Highest
$105,331 $9,971 $115,302
Chandrasekhar Kesavan Research Scientist 40.00
Highest
$104,633 $12,493 $117,126
Andrew Gerber Program Specialist 40.00
Highest
$116,885 $10,433 $127,318
Sabry Eassa Chief Financial Officer 40.00
Highest
$134,624 $12,591 $147,215
Bryan Hartnell Board Member 2.00
$0 $0 $0
Karandeep S Sraon Board Member 2.00
$0 $0 $207,982
Subburaman Mohan Board Member 2.00
$0 $0 $183,500
Alfred Duerbig Board Member 2.00
$0 $0 $0
David Tuttle Treasurer 2.00
$0 $0 $0
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 $3,363,898 $4,439,541 $3,398,406 $-1,075,643
2024 $3,894,021 $4,495,208 $4,429,867 $-601,187
2023 $3,528,806 $4,377,553 $5,044,041 $-848,747
2022 $3,876,138 $4,357,934 $5,915,189 $-481,796
2021 $4,191,215 $3,991,115 $6,134,235 $200,100
2020 $3,350,551 $3,571,239 $6,479,925 $-220,688
2019 $3,235,266 $3,466,033 $6,141,982 $-230,767
2018 $3,796,365 $3,729,615 $6,225,273 $66,750
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