Civic Intelligence

Idaho Veterans Research & Education

EIN 45-3710305 • 501(c)3 • Boise, ID

Profile

To advance the research and education mission of the department of veterans affairs and specifically the boise va medical center through the support of research and education related activities.

500 W Fort Street Bldg 117Boise, ID 83702

www.ivref.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

32nd percentile

-3.2%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

61st percentile

$85,606

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

23rd percentile

-5.2%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

40th percentile

1.9%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$626,538

Down $34,508 (-5.2%) from 2024

Liabilities

Up

$56,830

Up $4,844 (+9.3%) from 2024

Net Assets

Down

$569,708

Down $39,352 (-6.5%) from 2024

Revenue

Up

$1,139,352

Up $21,144 (+1.9%) from 2024

Expenses

Up

$1,176,168

Up $43,637 (+3.9%) from 2024

Net Income

Down

-$36,816

Down $22,493 (-157%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $94,880Liabilities 2012: $02012Assets 2013: $86,489Liabilities 2013: $02013Assets 2014: $81,983Liabilities 2014: $0Net Assets 2014: $81,9832014Assets 2015: $402,737Liabilities 2015: $294,165Net Assets 2015: $108,5722015Assets 2016: $453,568Liabilities 2016: $416,374Net Assets 2016: $37,1942016Assets 2017: $971,674Liabilities 2017: $335,658Net Assets 2017: $636,0162017Assets 2018: $1,129,598Liabilities 2018: $359,893Net Assets 2018: $769,7052018Assets 2019: $1,214,936Liabilities 2019: $326,593Net Assets 2019: $888,3432019Assets 2020: $1,329,626Liabilities 2020: $427,084Net Assets 2020: $902,5422020Assets 2021: $1,004,381Liabilities 2021: $69,231Net Assets 2021: $935,1502021Assets 2022: $840,037Liabilities 2022: $31,100Net Assets 2022: $808,9372022Assets 2023: $653,845Liabilities 2023: $31,174Net Assets 2023: $622,6712023Assets 2024: $661,046Liabilities 2024: $51,986Net Assets 2024: $609,0602024Assets 2025: $626,538Liabilities 2025: $56,830Net Assets 2025: $569,7082025

Highlighted filing

2025

Assets$626,538
Liabilities$56,830
Net Assets$569,708

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $94,880Expenses 2012: $0Net Income 2012: $94,8802012Revenue 2013: $110,588Expenses 2013: $118,979Net Income 2013: -$8,3912013Revenue 2014: $264,286Expenses 2014: $268,792Net Income 2014: -$4,5062014Revenue 2015: $653,124Expenses 2015: $579,382Net Income 2015: $73,7422015Revenue 2016: $856,202Expenses 2016: $927,580Net Income 2016: -$71,3782016Revenue 2017: $2,304,660Expenses 2017: $1,794,534Net Income 2017: $510,1262017Revenue 2018: $2,460,238Expenses 2018: $2,285,280Net Income 2018: $174,9582018Revenue 2019: $2,139,409Expenses 2019: $2,020,771Net Income 2019: $118,6382019Revenue 2020: $1,967,846Expenses 2020: $1,953,647Net Income 2020: $14,1992020Revenue 2021: $1,735,785Expenses 2021: $1,703,177Net Income 2021: $32,6082021Revenue 2022: $1,247,615Expenses 2022: $1,373,828Net Income 2022: -$126,2132022Revenue 2023: $717,830Expenses 2023: $908,074Net Income 2023: -$190,2442023Revenue 2024: $1,118,208Expenses 2024: $1,132,531Net Income 2024: -$14,3232024Revenue 2025: $1,139,352Expenses 2025: $1,176,168Net Income 2025: -$36,8162025

Highlighted filing

2025

Revenue$1,139,352
Expenses$1,176,168
Net Income-$36,816

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.63$0.06$0.57$1.14$1.18$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.05$0.61$1.12$1.13$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.03$0.62$0.72$0.91$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.03$0.81$1.25$1.37$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.07$0.94$1.74$1.70$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.43$0.90$1.97$1.95$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.33$0.89$2.14$2.02$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.36$0.77$2.46$2.29$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.34$0.64$2.30$1.79$0.51
2016Detailed filing. Detailed filing data is available for this year.$0.45$0.42$0.04$0.86$0.93$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.29$0.11$0.65$0.58$0.07
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.26$0.27$0.00
2013Summary only. Only limited summary data is available for this year.$0.09$0.00$0.11$0.12$0.01
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.00$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.0
Gross Receipts
$1,139,352
Mission and Program Overview

Mission

To advance the research and education mission of the department of veterans affairs and specifically the boise va medical center through the support of research and education related activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$204,690$202,150▼ $2,540
Pledges and Grants Receivable$203,273$167,419▼ $35,854
Cash and Non-Interest-Bearing Accounts$121,964$166,940▲ $44,976
Land, Buildings, and Equipment, Net$114,778$78,579▼ $36,199
Prepaid Expenses and Deferred Charges$16,341$11,450▼ $4,891
Total Assets$661,046$626,538▼ $34,508
Liabilities
Accounts Payable and Accrued Expenses$51,986$56,830▲ $4,844
Total Liabilities$51,986$56,830▲ $4,844
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$609,060$569,708▼ $39,352
Total Net Assets Fund Balance$609,060$569,708▼ $39,352
Total Liabilities and Net Assets / Fund Balance$661,046$626,538▼ $34,508

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$78,579$634,695$713,274
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret K AldapeExecutive DiFT$85,606$85,606
Micah RoosCFOFT$78,011$78,011

Board Members and Trustees

NameTitle
David WoodChairman
Margaret DoucettePresident
Amber FisherDirector
Martin BlairDirector
Robert WoodSecretary
Janet HinesTreasurer
Andrew WilperVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$299,779
Program Service Revenue
$830,983
Investment Income
$8,338
Other Revenue
$252
All Other Contributions
$219,061
Change in Net Assets
$-36,816

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,139,352
Revenue Not Reported on Form 990
$354,671
Total Revenue per Audited Statements
$1,494,023
Total Revenue per Form 990
$1,139,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$762,180
Other Expenses$413,988
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$492,287$3,928-$496,215
Current Officers, Directors, Trustees, and Key Employees-$178,135-$178,135
Payroll Taxes$40,031$13,271-$53,302
Depreciation Depletion$36,199--$36,199
Other Employee Benefits$34,528--$34,528
Fees for Services Accounting-$12,250-$12,250
Travel$10,035$1,748-$11,783
Fees for Services Other-$10,685-$10,685
Other Expenses$4,543$5,085-$4,543
Conferences and Meetings$2,808$1,682-$4,490
Insurance-$3,170-$3,170
All Other Expenses$3,082--$3,082
Fees for Services Legal$480$960-$1,440
Office Expenses$148$405-$553
Information Technology-$240-$240
Total Functional Expenses$944,609$231,559$0$1,176,168

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,533,379
Expenses per Audited Statements$1,176,168
Total Expenses per Form 990$1,176,168
Expenses Not Reported on Form 990$357,211
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Va directors are ex-officio per the organization's by-laws. Other directors and officers are elected by a majority vote of the board of directors.

Form 990, Page 6, Part VI, Line 7B

Articles and by-laws dictate that certain actions may be taken by a majority vote of the va directors.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is available to all directors prior to filing of the return. The executive director and chief finance officer reviews the form 990 before signing and reports any items of concern to the other directors.

Form 990, Page 6, Part VI, Line 15A

The board of directors are responsible for determining, reviewing, and approving the executive director's compensation.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial statements available to the public upon reasonable written request for such information.

Filing and Contact Details

Filer

Filer Name
Idaho Veterans Research & Education
EIN
45-3710305
Phone
2084221000
Address
500 W FORT STREET BLDG 117, BOISE, ID 83702

Signing Officer

Name
Margaret K Aldape
Title
Executive Director
Phone
2084221000
Signed
2026-02-24

Organization Details

Principal Officer
Margaret K Aldape
Formed
2011
Legal Domicile
Id
Voting Board Members
7
Independent Board Members
7
Employees
15

Preparer

Firm
Financial Solution Advisors LLC
Address
4350 PABLO PROFESSIONAL CT STE 200, JACKSONVILLE, FL 32224
Preparer
Michael B Mcleod CPA
Phone
9042962024
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Expenditures related to research and education. Research expenses associated with the following major grant projects: 1)nih (u of idaho sub-award) - idaho inbre program ivref doucette 2)nih (u of idaho sub-award) - dhhs nih inbre4 ivref hobdey drp 3)nih r21 - role of mir-181a-5p in adenovirus 14p1 induced acute lung injury 4)nih ro3 - development of antibodies to specific cell surface markers to assess macrophage polarization during adenovirus 14 and 14p1 infection in the syrian hamster. 5) nih (u of pittsburgh sub-award) - macs/wihs ccs kunisaki 6)pcori (sibcr sub-award) - functional improvement in osa and copd with a telehealth lifestyle and exercise intervention (focused) 7)paratek pharmaceuticals - investigating the anti-inflammatory activities of omadacycline 8)alto pharmaceuticals - a randomized, double-blind, placebo-controlled study of alto-300 with an open-label extension in adults with major depressive disorder. 9)janssen research & development - multicohort study to customize ibrutinib treatment regimens for patients with previously untreated chronic lymphocytic leukemia 10)ferring pharmaceuticals - a phase 2, randomized, multi-center, open- label trial to evaluate the safety and efficacy of intravesical nadofaragene firadenovec alone or in combination with chemotherapy (gemcitabine and docetaxel) or immunotherapy (pembrolizumab) in subjects with high-grade bacillus calmette-guerin (bcg) unresponsive non-muscle invasive bladder cancer (nmibc) 11)stability biologics - a multicenter, prospective, randomized controlled modified multi-platform (matriarch) trial evaluating several cellular, acellular, and matrix-like products (camps) and standard of care versus standard of care alone in the management of nonhealing diabetic foot and venous leg ulcers

Form 990, Part XI, Line 9

Rounding 4 beginning net assets as of september 30, 2024 have been reclassified by 48,7844 from net assets with donor restrictions to net assets without donor restrictions. This reclassification affects presentation only and does not change total net assets.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization qualifies as a tax-exempt organization under section 501 (c)(3) of the internal revenue code. The organization periodically assesses whether it has incurred income tax expense or related interest or penalties in accordance with accounting for uncertain tax positions. No such amounts were recognized for the years ending september 30, 2025 and 2024, respectively. The organization follows the income tax standard for uncertain tax positions. The organization has evaluated their tax positions and determined they have no uncertain tax positions as of september 30, 2025 and 2024. Should the organizations tax-exempt status be challenged in the future, the organizations 2023, 2024, and 2025 tax years are open for examination by the irs.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
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IRS990/MissionDesc0TO ADVANCE THE RESEARCH AND EDUCATION MISSION OF THE DEPARTMENT OF VETERANS AFFAIRS AND SPECIFICALLY THE BOISE VA MEDICAL CENTER THROUGH THE SUPPORT OF RESEARCH AND EDUCATION RELATED ACTIVITIES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 11,786
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION PERIODICALLY ASSESSES WHETHER IT HAS INCURRED INCOME TAX EXPENSE OR RELATED INTEREST OR PENALTIES IN ACCORDANCE WITH ACCOUNTING FOR UNCERTAIN TAX POSITIONS. NO SUCH AMOUNTS WERE RECOGNIZED FOR THE YEARS ENDING SEPTEMBER 30, 2025 AND 2024, RESPECTIVELY. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2025 AND 2024. SHOULD THE ORGANIZATIONS TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE ORGANIZATIONS 2023, 2024, AND 2025 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENDITURES RELATED TO RESEARCH AND EDUCATION. RESEARCH EXPENSES ASSOCIATED WITH THE FOLLOWING MAJOR GRANT PROJECTS: 1)NIH (U OF IDAHO SUB-AWARD) - IDAHO INBRE PROGRAM IVREF DOUCETTE 2)NIH (U OF IDAHO SUB-AWARD) - DHHS NIH INBRE4 IVREF HOBDEY DRP 3)NIH R21 - ROLE OF MIR-181A-5P IN ADENOVIRUS 14P1 INDUCED ACUTE LUNG INJURY 4)NIH RO3 - DEVELOPMENT OF ANTIBODIES TO SPECIFIC CELL SURFACE MARKERS TO ASSESS MACROPHAGE POLARIZATION DURING ADENOVIRUS 14 AND 14P1 INFECTION IN THE SYRIAN HAMSTER. 5) NIH (U OF PITTSBURGH SUB-AWARD) - MACS/WIHS CCS KUNISAKI 6)PCORI (SIBCR SUB-AWARD) - FUNCTIONAL IMPROVEMENT IN OSA AND COPD WITH A TELEHEALTH LIFESTYLE AND EXERCISE INTERVENTION (FOCUSED) 7)PARATEK PHARMACEUTICALS - INVESTIGATING THE ANTI-INFLAMMATORY ACTIVITIES OF OMADACYCLINE 8)ALTO PHARMACEUTICALS - A RANDOMIZED, DOUBLE-BLIND, PLACEBO-CONTROLLED STUDY OF ALTO-300 WITH AN OPEN-LABEL EXTENSION IN ADULTS WITH MAJOR DEPRESSIVE DISORDER. 9)JANSSEN RESEARCH & DEVELOPMENT - MULTICOHORT STUDY TO CUSTOMIZE IBRUTINIB TREATMENT REGIMENS FOR PATIENTS WITH PREVIOUSLY UNTREATED CHRONIC LYMPHOCYTIC LEUKEMIA 10)FERRING PHARMACEUTICALS - A PHASE 2, RANDOMIZED, MULTI-CENTER, OPEN- LABEL TRIAL TO EVALUATE THE SAFETY AND EFFICACY OF INTRAVESICAL NADOFARAGENE FIRADENOVEC ALONE OR IN COMBINATION WITH CHEMOTHERAPY (GEMCITABINE AND DOCETAXEL) OR IMMUNOTHERAPY (PEMBROLIZUMAB) IN SUBJECTS WITH HIGH-GRADE BACILLUS CALMETTE-GUERIN (BCG) UNRESPONSIVE NON-MUSCLE INVASIVE BLADDER CANCER (NMIBC) 11)STABILITY BIOLOGICS - A MULTICENTER, PROSPECTIVE, RANDOMIZED CONTROLLED MODIFIED MULTI-PLATFORM (MATRIARCH) TRIAL EVALUATING SEVERAL CELLULAR, ACELLULAR, AND MATRIX-LIKE PRODUCTS (CAMPS) AND STANDARD OF CARE VERSUS STANDARD OF CARE ALONE IN THE MANAGEMENT OF NONHEALING DIABETIC FOOT AND VENOUS LEG ULCERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VA DIRECTORS ARE EX-OFFICIO PER THE ORGANIZATION'S BY-LAWS. OTHER DIRECTORS AND OFFICERS ARE ELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTICLES AND BY-LAWS DICTATE THAT CERTAIN ACTIONS MAY BE TAKEN BY A MAJORITY VOTE OF THE VA DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS AVAILABLE TO ALL DIRECTORS PRIOR TO FILING OF THE RETURN. THE EXECUTIVE DIRECTOR AND CHIEF FINANCE OFFICER REVIEWS THE FORM 990 BEFORE SIGNING AND REPORTS ANY ITEMS OF CONCERN TO THE OTHER DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR DETERMINING, REVIEWING, AND APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE WRITTEN REQUEST FOR SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING 4 BEGINNING NET ASSETS AS OF SEPTEMBER 30, 2024 HAVE BEEN RECLASSIFIED BY 48,7844 FROM NET ASSETS WITH DONOR RESTRICTIONS TO NET ASSETS WITHOUT DONOR RESTRICTIONS. THIS RECLASSIFICATION AFFECTS PRESENTATION ONLY AND DOES NOT CHANGE TOTAL NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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