Civic Intelligence

Tempva Research Group Inc

EIN 74-2623309 • 501(c)3 • Temple, TX

Profile

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.

1901 South 1st StTemple, TX 76504

www.ctvrf.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

33%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,431,413

Up $177,537 (+14%) from 2023

Liabilities

Up

$61,176

Up $8,110 (+15%) from 2023

Net Assets

Up

$1,370,237

Up $169,427 (+14%) from 2023

Revenue

Up

$1,462,185

Up $365,744 (+33%) from 2023

Expenses

Down

$1,292,758

Down $39,055 (-2.9%) from 2023

Net Income

Up

$169,427

Up $404,799 (+172%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $322,333Liabilities 2011: $16,688Net Assets 2011: $305,6452011Assets 2012: $314,047Liabilities 2012: $50,420Net Assets 2012: $263,6272012Assets 2013: $289,949Liabilities 2013: $3,885Net Assets 2013: $286,0642013Assets 2014: $371,154Liabilities 2014: $4,312Net Assets 2014: $366,8422014Assets 2015: $319,093Liabilities 2015: $19,245Net Assets 2015: $299,8482015Assets 2016: $514,478Liabilities 2016: $35,315Net Assets 2016: $479,1632016Assets 2017: $859,887Liabilities 2017: $8,965Net Assets 2017: $850,9222017Assets 2018: $821,937Liabilities 2018: $26,817Net Assets 2018: $795,1202018Assets 2019: $1,302,549Liabilities 2019: $12,916Net Assets 2019: $1,289,6332019Assets 2020: $1,534,000Liabilities 2020: $26,258Net Assets 2020: $1,507,7422020Assets 2021: $1,738,899Liabilities 2021: $19,065Net Assets 2021: $1,719,8342021Assets 2022: $1,466,456Liabilities 2022: $30,274Net Assets 2022: $1,436,1822022Assets 2023: $1,253,876Liabilities 2023: $53,066Net Assets 2023: $1,200,8102023Assets 2024: $1,431,413Liabilities 2024: $61,176Net Assets 2024: $1,370,2372024

Highlighted filing

2024

Assets$1,431,413
Liabilities$61,176
Net Assets$1,370,237

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $207,714Expenses 2011: $427,554Net Income 2011: -$219,8402011Expenses 2012: $459,0622012Revenue 2013: $523,735Expenses 2013: $501,298Net Income 2013: $22,4372013Revenue 2014: $723,557Expenses 2014: $642,779Net Income 2014: $80,7782014Revenue 2015: $1,068,242Expenses 2015: $1,135,236Net Income 2015: -$66,9942015Revenue 2016: $1,068,866Expenses 2016: $889,551Net Income 2016: $179,3152016Revenue 2017: $1,270,262Expenses 2017: $898,503Net Income 2017: $371,7592017Revenue 2018: $1,010,760Expenses 2018: $1,066,562Net Income 2018: -$55,8022018Revenue 2019: $1,507,419Expenses 2019: $1,012,906Net Income 2019: $494,5132019Revenue 2020: $1,310,342Expenses 2020: $1,092,233Net Income 2020: $218,1092020Revenue 2021: $1,340,511Expenses 2021: $1,128,419Net Income 2021: $212,0922021Revenue 2022: $969,486Expenses 2022: $1,253,138Net Income 2022: -$283,6522022Revenue 2023: $1,096,441Expenses 2023: $1,331,813Net Income 2023: -$235,3722023Revenue 2024: $1,462,185Expenses 2024: $1,292,758Net Income 2024: $169,4272024

Highlighted filing

2024

Revenue$1,462,185
Expenses$1,292,758
Net Income$169,427

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.06$1.37$1.46$1.29$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.05$1.20$1.10$1.33$0.24
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.03$1.44$0.97$1.25$0.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.02$1.72$1.34$1.13$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.03$1.51$1.31$1.09$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.01$1.29$1.51$1.01$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.03$0.80$1.01$1.07$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.01$0.85$1.27$0.90$0.37
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.04$0.48$1.07$0.89$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$1.07$1.14$0.07
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.72$0.64$0.08
2013Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.52$0.50$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.05$0.26$0.46
2011Summary only. Only limited summary data is available for this year.$0.32$0.02$0.31$0.21$0.43$0.22
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jan 31, 2022
Return Version
2020v4.0
Gross Receipts
$1,340,511
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$999,337$1,145,481▲ $146,144
Cash and Non-Interest-Bearing Accounts$266,169$293,293▲ $27,124
Land, Buildings, and Equipment, Net$235,016$209,336▼ $25,680
Accounts Receivable$33,478$90,789▲ $57,311
Total Assets$1,534,000$1,738,899▲ $204,899
Liabilities
Accounts Payable and Accrued Expenses$26,258$19,065▼ $7,193
Total Liabilities$26,258$19,065▼ $7,193
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,307,145$1,461,568▲ $154,423
Net Assets With Donor Restrictions$200,597$258,266▲ $57,669
Total Net Assets Fund Balance$1,507,742$1,719,834▲ $212,092
Total Liabilities and Net Assets / Fund Balance$1,534,000$1,738,899▲ $204,899

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$209,336$260,264$469,600
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew GarciaBoard Member
Colin Wilburn MdBoard Member
Jason Huang MdBoard Member
Michael KieferBoard Member
Olawale Fashina MdBoard Member
Tami AnnableBoard Member
David Dostal MdInterim Pres
Cindy ZavodnySecretary/tr
Keith Young PhdVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,339,858
Program Service Revenue
$0
Investment Income
$653
Other Revenue
$0
All Other Contributions
$253,677
Change in Net Assets
$212,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,340,511
Total Revenue per Audited Statements
$1,340,511
Total Revenue per Form 990
$1,340,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$900,358
Other Expenses$228,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$550,922$151,680-$702,602
Current Officers, Directors, Trustees, and Key Employees$54,943$15,137-$70,080
Payroll Taxes$53,018$13,255-$66,273
Fees for Services Accounting-$62,893-$62,893
Other Employee Benefits$61,403--$61,403
Depreciation Depletion$25,680--$25,680
All Other Expenses$5,646$8,510-$14,156
Other Expenses$9,986$2,615-$9,986
Insurance-$4,234-$4,234
Occupancy-$2,000-$2,000
Travel$276--$276
Total Functional Expenses$868,095$260,324$0$1,128,419

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,128,419
Total Expenses per Audited Statements$1,128,419
Total Expenses per Form 990$1,128,419
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
No
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
No
Other officer compensation reviewed
No
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

Form 990 and attached schedules were reviewed by local cpa firm, president of foundation, executive director, and treasurer. The forms were also provided to all board members for their review and comment

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

All employees are required to sign a conflict of interest statement and complete a questionaire upon initial employment. Employees are required to disclose any conflict of interest if it should occur after initial employment.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request of the executive director submitted to the main address.

Filing and Contact Details

Filer

Filer Name
Central Texas Veterans Research
EIN
74-2623309
Phone
2547432295
Address
1901 SOUTH 1ST ST, TEMPLE, TX 76504
Doing Business As
Ctvrf

Signing Officer

Name
Mark Heitman
Title
Executive Director
Phone
2547432295
Signed
2022-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Heitman
Formed
1991
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
17

Preparer

Firm
Ludwick Montgomery & Stapp Pc
Address
1949 SCOTT BLVD, TEMPLE, TX 76504
Preparer
Blake P Stapp
Phone
2547710061
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.

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

The primary tax exempt purpose of the central texas veterans research foundation, a 501(c)(3) medical research foundation established in accordan ce with title 38, subchapter iv - research and education corporations, section 7361-7368, is to support biomedical and clinical research as well as health related education activities in conjunction with the central texas veterans health care system (ctvhcs). Research sponsored by ctvrf benefits veterans treated at ctvhcs and the general public by advancing knowledge in the diagnosis and treatment of disease and disability. During the past year, ctvrf supported research in the following areas: lung and prostate cancer, multiple myeloma, post-traumatic stress disorder (ptsd), liver diseases, infection control, and infectious disease. The research resulted in numerous peer-reviewed publications and national presentations.

Raw XML Appendix357 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0CTVRF 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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CTVRF 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRIMARY TAX EXEMPT PURPOSE OF THE CENTRAL TEXAS VETERANS RESEARCH FOUNDATION, A 501(C)(3) MEDICAL RESEARCH FOUNDATION ESTABLISHED IN ACCORDAN CE WITH TITLE 38, SUBCHAPTER IV - RESEARCH AND EDUCATION CORPORATIONS, SECTION 7361-7368, IS TO SUPPORT BIOMEDICAL AND CLINICAL RESEARCH AS WELL AS HEALTH RELATED EDUCATION ACTIVITIES IN CONJUNCTION WITH THE CENTRAL TEXAS VETERANS HEALTH CARE SYSTEM (CTVHCS). RESEARCH SPONSORED BY CTVRF BENEFITS VETERANS TREATED AT CTVHCS AND THE GENERAL PUBLIC BY ADVANCING KNOWLEDGE IN THE DIAGNOSIS AND TREATMENT OF DISEASE AND DISABILITY. DURING THE PAST YEAR, CTVRF SUPPORTED RESEARCH IN THE FOLLOWING AREAS: LUNG AND PROSTATE CANCER, MULTIPLE MYELOMA, POST-TRAUMATIC STRESS DISORDER (PTSD), LIVER DISEASES, INFECTION CONTROL, AND INFECTIOUS DISEASE. THE RESEARCH RESULTED IN NUMEROUS PEER-REVIEWED PUBLICATIONS AND NATIONAL PRESENTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 AND ATTACHED SCHEDULES WERE REVIEWED BY LOCAL CPA FIRM, PRESIDENT OF FOUNDATION, EXECUTIVE DIRECTOR, AND TREASURER. THE FORMS WERE ALSO PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND COMPLETE A QUESTIONAIRE UPON INITIAL EMPLOYMENT. EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST IF IT SHOULD OCCUR AFTER INITIAL EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OF THE EXECUTIVE DIRECTOR SUBMITTED TO THE MAIN ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BuildTS02022-03-31 18:45:55Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BLAKE P STAPP
ReturnHeader/ReturnTs02022-01-27T11:23:23-06:00
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ReturnHeader/TaxYr02020

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