HOUSTON VA RESEARCH & EDUCATION FOUNDATION INC

EIN: 562317339 501(c)(3) Diseases & Disorders

HOUSTON, TX

Total Revenue
$962,334
Total Expenses
$870,674
Total Assets
$9,895,775
Net Assets
$4,481,871
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
TX
Principal Officer
CHRIS RODNEY
Phone
7134404400
Tax Period
2024-10-01 to 2025-09-30

HOUSTON VA RESEARCH & EDUCATION FOUNDATION INC, founded in 2003, is a small nonprofit in the Diseases & Disorders sector that reported $962K in total revenue in fiscal year 2024. Expenses of $871K left a modest 10% surplus.

Mission

THE MISSION OF THE FOUNDATION IS TO FACILITATE MEDICAL RESEARCH AND EDUCATIONAL ACTIVITIES AT THE MICHAEL E. DEBAKEY VETERANS AFFAIRS MEDICAL CENTER BY ACTING AS A FLEXIBLE FUNDING MECHANISM IN ACHIEVING THE GOAL OF THE PROGRAMS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $937,349
Investment Income $19,595
Other Revenue $5,390
TOTAL REVENUE $962,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $437,075
Fundraising Expenses $0
Program Expenses $709,732
Other Expenses $433,599
TOTAL EXPENSES $870,674

Year-over-Year Comparison

2024 2023 Change
Revenue $962,334 $963,142 0.0%
Expenses $870,674 $614,660 +0.4%
Net Income $91,660 $348,482 -0.7%
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

Sign In

Governance

Voting Members
11
Independent Members
3
Employees
9
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
5
$1,111,594
Total Directors
11
$1,932,423
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE LAN MD VICE CHAIR 0.15
Officer Director
$0 $0 $400,915
LAURA PETERSEN MD MHA STATUTORY DI 0.15
Director
$0 $0 $317,309
ANGELA CATIC MD DIRECTOR 0.15
Director
$0 $0 $265,018
FRANCISCO VAZQUEZ MBA CHAIR 0.15
Officer Director
$0 $0 $232,896
LAURIE MITCHELL PHD DIRECTOR 0.15
Director
$0 $0 $212,955
LINDSEY CRAIN CHAIR 0.15
Officer Director
$0 $0 $187,860
JAMES EGGERS MHA MBA DIRECTOR 0.15
Director
$0 $0 $164,411
CURTIS BERGERON MBA SECRETARY/TR 0.15
Officer Director
$0 $0 $151,059
CHRIS RODNEY EXECUTIVE DI 40.00
Officer
$138,864 $0 $138,864
DANIEL MUSHER MD DIRECTOR 0.15
Director
$0 $0 $0
EDGAR TUCKER MD DIRECTOR 0.15
Director
$0 $0 $0
DONALD WAGNER MHA DIRECTOR 0.15
Director
$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 $962,334 $870,674 $9,895,775 $91,660
2024 $963,142 $614,660 $10,102,747 $348,482
2023 $818,266 $638,287 $9,624,919 $179,979
2022 $1,019,768 $462,600 $9,500,536 $557,168
2021 $1,838,829 $632,657 $8,399,149 $1,206,172
2020 $757,189 $806,773 $6,877,225 $-49,584
2019 $1,039,708 $920,908 $6,788,451 $118,800
2018 $1,482,899 $1,259,202 $6,601,969 $223,697
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOUSTON VA RESEARCH & EDUCATION FOUNDATION INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.