Civic Intelligence

Tampa VA Research & Education

EIN 59-3444354 • 501(c)3 • Temple Terrace, FL

Profile

Medical research which includes the conduct of investigations, experiments and studies to discover, develop and/or verify knowledge relating to the causes, diagnosis, treatment, prevention and/or control of physical or mental diseases and impairments of human beings. Such activities encompass the associated disciplines spanning the biological, social and behavioral sciences.

5620 East Fowler Avenue Suite BTemple Terrace, FL 33617

tampavaref.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.28x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.26x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

54th percentile

6.1%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$456,686

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

47th percentile

3.1%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,867,946

Up $148,253 (+3.1%) from 2023

Liabilities

Down

$1,345,890

Down $177,982 (-12%) from 2023

Net Assets

Up

$3,522,056

Up $326,235 (+10%) from 2023

Revenue

Up

$5,218,291

Up $1,771,238 (+51%) from 2023

Expenses

Up

$4,898,750

Up $1,421,007 (+41%) from 2023

Net Income

Up

$319,541

Up $350,231 (+1141%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,383,682Liabilities 2011: $1,361,021Net Assets 2011: $2,022,6612011Assets 2012: $3,289,522Liabilities 2012: $1,330,750Net Assets 2012: $1,958,7722012Assets 2013: $2,871,398Liabilities 2013: $1,199,750Net Assets 2013: $1,671,6482013Assets 2015: $2,256,189Liabilities 2015: $126,205Net Assets 2015: $2,129,9842015Assets 2016: $2,027,283Liabilities 2016: $200,196Net Assets 2016: $1,827,0872016Assets 2017: $2,487,582Liabilities 2017: $717,294Net Assets 2017: $1,770,2882017Assets 2018: $2,431,439Liabilities 2018: $725,310Net Assets 2018: $1,706,1292018Assets 2019: $2,884,561Liabilities 2019: $1,182,074Net Assets 2019: $1,702,4872019Assets 2020: $4,025,969Liabilities 2020: $1,001,373Net Assets 2020: $3,024,5962020Assets 2021: $4,353,686Liabilities 2021: $1,033,307Net Assets 2021: $3,320,3792021Assets 2022: $4,141,238Liabilities 2022: $929,651Net Assets 2022: $3,211,5872022Assets 2023: $4,719,693Liabilities 2023: $1,523,872Net Assets 2023: $3,195,8212023Assets 2024: $4,867,946Liabilities 2024: $1,345,890Net Assets 2024: $3,522,0562024

Highlighted filing

2024

Assets$4,867,946
Liabilities$1,345,890
Net Assets$3,522,056

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,640,426Expenses 2011: $1,514,055Net Income 2011: $126,3712011Revenue 2012: $2,196,375Expenses 2012: $2,260,264Net Income 2012: -$63,8892012Revenue 2013: $1,881,112Expenses 2013: $2,168,234Net Income 2013: -$287,1222013Revenue 2015: $1,669,490Expenses 2015: $1,797,148Net Income 2015: -$127,6582015Revenue 2016: $1,888,547Expenses 2016: $2,191,441Net Income 2016: -$302,8942016Revenue 2017: $3,394,384Expenses 2017: $3,005,632Net Income 2017: $388,7522017Revenue 2018: $3,322,486Expenses 2018: $3,386,645Net Income 2018: -$64,1592018Revenue 2019: $3,787,950Expenses 2019: $3,791,592Net Income 2019: -$3,6422019Revenue 2020: $3,727,187Expenses 2020: $2,405,078Net Income 2020: $1,322,1092020Revenue 2021: $3,415,527Expenses 2021: $3,119,744Net Income 2021: $295,7832021Revenue 2022: $3,316,971Expenses 2022: $3,406,181Net Income 2022: -$89,2102022Revenue 2023: $3,447,053Expenses 2023: $3,477,743Net Income 2023: -$30,6902023Revenue 2024: $5,218,291Expenses 2024: $4,898,750Net Income 2024: $319,5412024

Highlighted filing

2024

Revenue$5,218,291
Expenses$4,898,750
Net Income$319,541

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$5,418,291
Mission and Program Overview

Mission

Medical research which includes the conduct of investigations, experiments and studies to discover, develop and/or verify knowledge relating to the causes, diagnosis, treatment, prevention and/or control of physical or mental diseases and impairments of human beings. Such activities encompass the associated disciplines spanning the biological, social and behavioral sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,042,922$2,873,760▼ $169,162
Pledges and Grants Receivable$1,445,936$1,977,692▲ $531,756
Land, Buildings, and Equipment, Net$11,393--
Prepaid Expenses and Deferred Charges$13,433$10,952▼ $2,481
Cash and Non-Interest-Bearing Accounts$206,009$5,542▼ $200,467
Total Assets$4,719,693$4,867,946▲ $148,253
Liabilities
Accounts Payable and Accrued Expenses$558,057$700,096▲ $142,039
Deferred Revenue$965,815$645,794▼ $320,021
Total Liabilities$1,523,872$1,345,890▼ $177,982
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,195,821$3,522,056▲ $326,235
Total Net Assets Fund Balance$3,195,821$3,522,056▲ $326,235
Total Liabilities and Net Assets / Fund Balance$4,719,693$4,867,946▲ $148,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$30,861$30,861
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Douglas L ReederExecutive DiFT$120,838$120,838

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,115,651
Investment Income
$100,069
Other Revenue
$2,571
Change in Net Assets
$319,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,218,291
Total Revenue per Audited Statements
$5,218,291
Total Revenue per Form 990
$5,218,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,337,724
Other Expenses$561,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,773,339$334,263-$4,107,602
Fees for Services Other$148,900$9,636-$158,536
Payroll Taxes$109,320$26,126-$135,446
Other Employee Benefits$73,861$20,815-$94,676
Travel$86,350$7,087-$93,437
Conferences and Meetings$52,873$10,562-$63,435
Occupancy-$18,590-$18,590
Information Technology$4,305$11,757-$16,062
Fees for Services Accounting-$12,816-$12,816
Depreciation Depletion-$11,393-$11,393
Insurance-$10,089-$10,089
Other Expenses$1,514$4,534-$6,048
Fees for Services Legal$4,105--$4,105
All Other Expenses-$4,035-$4,035
Office Expenses$1,405$1,465-$2,870
Total Functional Expenses$4,398,095$500,655$0$4,898,750

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,898,750
Total Expenses per Audited Statements$4,898,750
Total Expenses per Form 990$4,898,750
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The tax return is prepared by the cpa and reviewed by management of the organization.

Form 990, Page 6, Part VI, Line 12C

All employees and board members are required to take the va's conflict of interest online training course. Certifications from course completion is monitored by the foundation office. Each board member is also required to sign and return an acknowledgement notice concerning the foundation's conflict of interest policy.

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

The board of directors annually reviews and approves the top official's compensation.

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

The board of directors annually reviews and approves the officer and other key employees' compensation.

Form 990, Page 6, Part VI, Line 19

Financial statements are available to the public upon written request from the general public and grantors. Forms 990 are made available on guidestar and upon request.

Filing and Contact Details

Filer

Filer Name
Tampa Va Research & Education
EIN
59-3444354
Phone
8137802623
Address
5620 EAST FOWLER AVENUE SUITE B, TEMPLE TERRACE, FL 33617

Signing Officer

Name
Douglas L Reeder
Title
Executive Director
Phone
8137802623
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Risa Richardson Phd
Formed
1997
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
3
Employees
42

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 - ORGANIZATION'S MISSION

Medical research which includes the conduct of investigations, experiments and studies to discover, develop and/or verify knowledge relating to the causes, diagnosis, treatment, prevention and/or control of physical or mental diseases and impairments of human beings. Such activities encompass the associated disciplines spanning the biological, social and behavioral sciences.

Form 990, Part XI, Line 9

ROUNDING ADJ. -8

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation qualifies as a tax-exempt organization under section 501(c) (3) of the internal revenue code(irc). The foundation 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 december 31, 2024 and 2023, respectively. Should the foundations tax-exempt status be challenged in the future, the foundations 2022, 2023, and 2024 tax years are open for examination by the irs.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE(IRC). THE FOUNDATION 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 DECEMBER 31, 2024 AND 2023, RESPECTIVELY. SHOULD THE FOUNDATIONS TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATIONS 2022, 2023, AND 2024 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEDICAL RESEARCH WHICH INCLUDES THE CONDUCT OF INVESTIGATIONS, EXPERIMENTS AND STUDIES TO DISCOVER, DEVELOP AND/OR VERIFY KNOWLEDGE RELATING TO THE CAUSES, DIAGNOSIS, TREATMENT, PREVENTION AND/OR CONTROL OF PHYSICAL OR MENTAL DISEASES AND IMPAIRMENTS OF HUMAN BEINGS. SUCH ACTIVITIES ENCOMPASS THE ASSOCIATED DISCIPLINES SPANNING THE BIOLOGICAL, SOCIAL AND BEHAVIORAL SCIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS PREPARED BY THE CPA AND REVIEWED BY MANAGEMENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO TAKE THE VA'S CONFLICT OF INTEREST ONLINE TRAINING COURSE. CERTIFICATIONS FROM COURSE COMPLETION IS MONITORED BY THE FOUNDATION OFFICE. EACH BOARD MEMBER IS ALSO REQUIRED TO SIGN AND RETURN AN ACKNOWLEDGEMENT NOTICE CONCERNING THE FOUNDATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE TOP OFFICIAL'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE OFFICER AND OTHER KEY EMPLOYEES' COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST FROM THE GENERAL PUBLIC AND GRANTORS. FORMS 990 ARE MADE AVAILABLE ON GUIDESTAR AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING ADJ. -8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOSPITAL
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0292909
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JAMES A HALEY VA MED CENTER
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