CENTRAL TEXAS VETERANS RESEARCH FOUNDATION

EIN: 742623309 501(c)(3) Medical Research

TEMPLE, TX

Total Revenue
$1,811,673
Total Expenses
$1,649,268
Total Assets
$1,591,224
Net Assets
$1,532,642
🔒

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
1991
Legal Domicile
TX
Principal Officer
MARK HEITMAN
Phone
2547432295
Tax Period
2024-09-01 to 2025-08-31

CENTRAL TEXAS VETERANS RESEARCH FOUNDATION, founded in 1991, is a community nonprofit in the Medical Research sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 9% surplus.

Mission

CTVRF STRIVES TO ENHANCE THE HEALTH OF VETERANS OF ALL GENERATIONS THROUGH RESEARCH AND EDUCATION. WE PROVIDE SUPPORT TO THE RESEARCH COMMUNITY WITHIN CENTRAL TEXAS VETERANS HEALTH CARE SYSTEM IN THEIR RESEARCH, EDUCATION, AND TRAINING ENDEAVORS TO FOSTER PROGRAMS IN HEALTH SERVICES AND RESEARCH THAT BENEFITS THE NATION'S VETERANS AND THE GENERAL PUBLIC.

🔒

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 $1,787,797
Program Service Revenue $0
Investment Income $23,876
Other Revenue $0
TOTAL REVENUE $1,811,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,499,012
Fundraising Expenses $0
Program Expenses $1,278,276
Other Expenses $150,256
TOTAL EXPENSES $1,649,268

Year-over-Year Comparison

2024 2023 Change
Revenue $1,811,673 $1,462,185 +0.2%
Expenses $1,649,268 $1,292,758 +0.3%
Net Income $162,405 $169,427 0.0%
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
10
Independent Members
10
Employees
22
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMI ANNABLE BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW GARCIA BOARD MEMBER 1.00
Director
$0 $0 $0
COLIN WILBURN MD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DOSTAL MD BOARD MEMBER 1.00
Director
$0 $0 $0
JASON HUANG MD BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH MAHER MD PRESIDENT 1.00
Officer Director
$0 $0 $0
OLAWALE FASHINA MD BOARD MEMBER 1.00
Director
$0 $0 $0
KALPANA MEHTA BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH YOUNG PHD BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY ZAVODNY SECRETARY/TR 1.00
Officer 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 $1,811,673 $1,649,268 $1,591,224 $162,405
2024 $1,462,185 $1,292,758 $1,431,413 $169,427
2023 $1,096,441 $1,331,813 $1,253,876 $-235,372
2022 $969,486 $1,253,138 $1,466,456 $-283,652
2021 $1,340,511 $1,128,419 $1,738,899 $212,092
2020 $1,310,342 $1,092,233 $1,534,000 $218,109
2019 $1,507,419 $1,012,906 $1,302,549 $494,513
2018 $1,010,760 $1,066,562 $821,937 $-55,802
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CENTRAL TEXAS VETERANS RESEARCH FOUNDATION with other nonprofits in Texas and across the country.