Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
EIN 77-0207331 • 501(c)3 • Palo Alto, CA
Profile
See Schedule OPAVIR's mission is advancing Veterans and public health through innovative research. PAVIR works with more than 100 Principal Investigators and 200 research staff to support basic science, clinical and health services research to realize its mission. PAVIR's diverse studies span the entire spectrum of health research from the investigation of diseases in the laboratory through testing new drug treatments and developing improved models of health care delivery to looking at outcomes both individually and on a large scale. PAVIR's research addresses health challenges that have been faced especially by Veterans, including post-traumatic stress disorder, traumatic brain injury, geriatric medicine, rehabilitation, sleep and other Veterans and public health issues. PAVIR's investigators have appointments at the VA Palo Alto Health Care System and most also hold appointments at the Stanford University School of Medicine.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
65th percentile
Higher top officer pay than 65% of similar nonprofits.
Top officer pay equals 1.1% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Assets
Up$20,719,365
Up $5,076,357 (+32%) from 2022
Liabilities
Up$12,724,388
Up $5,254,400 (+70%) from 2022
Net Assets
Down$7,994,977
Down $178,043 (-2.2%) from 2022
Revenue
Up$30,503,398
Up $580,626 (+1.9%) from 2022
Expenses
Up$30,736,665
Up $972,534 (+3.3%) from 2022
Net Income
Down-$233,267
Down $391,908 (-247%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.
See schedule opavir's mission is advancing veterans and public health through innovative research. Pavir works with more than 100 researchers and 215 staff to support basic science and clinical research to realize its mission. Pavir's research spans the investigation of diseases in the laboratory to testing new drug treatments and developing improved models of health care delivery. In addition to a focus on basic science and clinical research, pavir's research addresses health challenges that have been faced especially by veterans, including post-traumatic stress disorder and traumatic brain injury, geriatric medicine, rehabilitation, sleep and other veterans and public health diseases. Pavir's researchers have appointments at the va palo alto health care system, and most hold dual appointments at the stanford university school of medicine.
Advancing veteran and public health through innovative research.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $9,417,233 | $8,968,218 | ▼ $449,015 |
| Accounts Receivable | $3,294,258 | $3,474,986 | ▲ $180,728 |
| Cash and Non-Interest-Bearing Accounts | $1,418,346 | $2,249,260 | ▲ $830,914 |
| Land, Buildings, and Equipment, Net | $792,121 | $655,299 | ▼ $136,822 |
| Prepaid Expenses and Deferred Charges | $268,015 | $295,245 | ▲ $27,230 |
| Total Assets | $15,189,973 | $15,643,008 | ▲ $453,035 |
| Liabilities | |||
| Deferred Revenue | $3,389,862 | $3,932,574 | ▲ $542,712 |
| Accounts Payable and Accrued Expenses | $3,789,802 | $3,537,414 | ▼ $252,388 |
| Unsecured Notes Loans Payable | $11,482 | $0 | ▼ $11,482 |
| Total Liabilities | $7,191,146 | $7,469,988 | ▲ $278,842 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,040,085 | $5,680,883 | ▲ $640,798 |
| Net Assets With Donor Restrictions | $2,958,742 | $2,492,137 | ▼ $466,605 |
| Total Net Assets Fund Balance | $7,998,827 | $8,173,020 | ▲ $174,193 |
| Total Liabilities and Net Assets / Fund Balance | $15,189,973 | $15,643,008 | ▲ $453,035 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $655,299 | $2,979,695 | $3,634,994 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Anthony Hindery | CEO thru 9/1/21 | - | $219,081 | $29,844 | $248,925 |
| Elaine Staats | CEO from 12/1/21 | FT | $170,065 | $38,883 | $208,948 |
| Lisa Clark | HR Director | FT | $173,401 | $16,596 | $189,997 |
| Lily Ibragimov | Director of Finance & Accounting | FT | $161,936 | $25,101 | $187,037 |
| Xinguo Jiang | Principal Investigator | FT | $141,846 | $31,039 | $172,885 |
| Mary L Thornton | Director of Operations | FT | $145,661 | $24,132 | $169,793 |
| Wen Amy Tian | Research Scientist | FT | $151,200 | $11,520 | $162,720 |
| Maheen Adamson | Principal Investigator | FT | $148,770 | $13,074 | $161,844 |
| Jennifer J Crockett | Assoc Director of Research Administration | FT | $139,692 | $13,880 | $153,572 |
| Ferid Murad | Director | - | $42,012 | $3,781 | $45,793 |
| Name | Title |
|---|---|
| Odette Harris | Director, Board Chair from 9/1/22 |
| Andrew R Hoffman | Director |
| Lawrence Leung | Director |
| Mark Nicolls | Director |
| Philip Tsao | Director |
| David J Clark | Director until 8/31/22 |
| Paul Heidenreich | Director, Secretary/Treasurer |
| Meghan Kemnec | Statutory Non-VA Director |
| Robert Sloss | Statutory Non-VA Director |
| Jennifer Lee | Statutory VA Director |
| Lisa Howard | Statutory VA Director |
| Mike Kozal | Statutory VA Director |
| Payam Massaband | Statutory VA Director from 7/15/22 |
| John Pollard | Statutory VA Director until 7/14/22 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $15,439,467 |
| Other Expenses | $14,324,664 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $9,763,324 | $2,154,709 | - | $11,918,033 |
| Other Employee Benefits | $895,275 | $265,560 | - | $1,160,835 |
| Fees for Services Other | $983,537 | $23,089 | - | $1,006,626 |
| Payroll Taxes | $732,241 | $223,343 | - | $955,584 |
| Pension Plan Contributions | $568,423 | $177,230 | - | $745,653 |
| Current Officers, Directors, Trustees, and Key Employees | $3,982 | $655,380 | - | $659,362 |
| Information Technology | $336,068 | $289,589 | - | $625,657 |
| Depreciation Depletion | $246,910 | $13,092 | - | $260,002 |
| Conferences and Meetings | $138,431 | $36,181 | - | $174,612 |
| All Other Expenses | $136,690 | $828 | - | $137,518 |
| Payment Travel Entrtnmnt Publicly Ofcl | $103,916 | - | - | $103,916 |
| Other Expenses | $95,708 | $1,577 | - | $97,285 |
| Fees for Services Accounting | - | $85,520 | - | $85,520 |
| Insurance | - | $69,139 | - | $69,139 |
| Travel | $54,491 | $9,368 | - | $63,859 |
| Office Expenses | $42,185 | $8,200 | - | $50,385 |
| Fees for Services Legal | $9,905 | $23,659 | - | $33,564 |
| Total Functional Expenses | $25,639,027 | $4,125,104 | $0 | $29,764,131 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $29,764,131 |
| Total Expenses per Audited Statements | $29,764,131 |
| Total Expenses per Form 990 | $29,764,131 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“PAVIR is a nonprofit corporation authorized by Title 38 US Code Sections 7361 through 7366 to be established at and affiliated with the Department of Veterans Affairs Palo Alto Health Care System (VAPAHCS). The referenced statute dictates that four Directors shall be those persons holding the VAPAHCS positions of Director, Chief of Staff, Associate Chief of Staff for Research and Associate Chief of Staff for Education.”
“As stated in response to Form 990, Part VI, Line 7a above, VA has authority to impose requirements and restrictions on the organization through the referenced statute and regulations prescribed by the Secretary of Veterans Affairs.”
“The Form 990 has been provided to all Board members for their review prior to the filing of related tax forms.”
“Directors, officers and key employees complete training in and attest to compliance with PAVIR's conflict of interest policy, as well as disclosing interests which could give rise to conflicts, upon joining PAVIR and annually thereafter. Management tracks the dates, sends reminders and documents receipt of training, attestations, and disclosures, assuring compliance in each calendar year.”
“Annually, PAVIR collects and analyzes market, salary survey and compensation study data based on comparable industry and revenue. The Board's Compensation Committee reviews the data, taking into account performance and accomplishments when establishing the CEO's compensation. The Compensation Committee keeps minutes of its meetings and reports its actions to the full Board. Key employees' salaries are set by the CEO utilizing information from PAVIR's annual salary schedules.”
“The audited financial statements, organizing/governing documents, and conflict of interest policy are available upon written request.”
“We wrote to each of the 14 Board members who were compensated by the VA Palo Health Care System requesting permission to obtain his/her compensation information for the calendar year ended December 31, 2021. All members declined in writing to provide their compensation information. None of the Board members received compensation in relation to their duties as Board members of PAVIR.”
“returned contributions -1,792.”
“The Organization is a nonprofit corporation exempt from federal income tax under Internal Revenue Code Section 501(c)(3) and state income tax under California Revenue and Taxation Code Section 23701d. However, income from certain activities not directly related to the Organization's tax-exempt purpose may be subject to taxation as unrelated business income. The Organization qualifies for the charitable contribution deduction under IRC Section 170(b)(1)(A)(iii) and has been classified as an Organization that is not a private foundation under Section 509(a)(1). As of September 30, 2022 and 2021, the Organization had no unrecognized tax benefits or uncertain tax positions requiring accrual. Therefore, no provision for income taxes has been provided in the financial statements.”
“Returned Contributions”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 3537414 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3294258 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3474986 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Advancing veteran and public health through innovative research. |
| IRS990/AllOtherContributionsAmt | 0 | 2385248 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 828 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 136690 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 137518 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6502392805 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3801 Miranda Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Palo Alto |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94304 |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1418346 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2249260 |
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| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 3982 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 659362 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
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| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 138431 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 174612 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 19234972 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 33233 |
| IRS990/CYOtherExpensesAmt | 0 | 14324664 |
| IRS990/CYOtherRevenueAmt | 0 | 30818 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 10623749 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 158641 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 15439467 |
| IRS990/CYTotalExpensesAmt | 0 | 29764131 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/CYTotalRevenueAmt | 0 | 29922772 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3932574 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 260002 |
| IRS990/Desc | 0 | Targeted Strategies to Accelerate Evidence-Based Psychotherapy (EBP) Implementation in Military. Principal Investigators: Craig S. Rosen, Ph.D. and Carmen P. McLean, Ph.D. This four-year study, funded by the Department of Defense, is aimed at increasing use of evidence-based psychotherapies (therapies proven effective in research) in clinics on military bases. Despite efforts to train military providers in effective psychotherapies for posttraumatic stress disorder (PTSD), only a minority of service members receive these treatments. This trial tests whether a tailored process improvement approach (using a toolkit for matching specific change strategies to local barriers) is more effective than provider training alone in expanding the proportion of patients who receive an EBP. The project, led by investigators at the National Center for PTSD and Palo Alto Veterans Institute for Research (PAVIR), includes collaborators from five universities and eight military treatment facilities. Objectives: To test in a stepped-wedge randomized trial whether the Targeted Assessment and Context-Tailored Implementation of Change Strategies (TACTICS) increases use of evidence-based psychotherapy more than does provider training alone. Secondary outcomes include effects of TACTICS on average improvement in PTSD symptoms, and satisfaction with the TACTICS process. Accomplishments: All staff have been hired, eight military clinics representing all service branches were recruited and all regulatory approvals obtained. Provider training and clinic-tailored process improvement intervention to increase PE use has been implemented at all eight study sites. Provider survey data collection is completed. Barriers to implementing PE in the military health system and recommended policy level changes to address these barriers have been identified. Centralized extraction of study data and analysis in collaboration with the Defense Health Agency is ongoing. Potential Impact: If effective, TACTICS may represent a scalable approach to accelerating the use of behavioral health best practices in military settings. |
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| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
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| IRS990/ExpenseAmt | 0 | 2487318 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 85520 |
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| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 9905 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 33564 |
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| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 983537 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1006626 |
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| IRS990/MissionDesc | 0 | See Schedule OPAVIR's mission is advancing Veterans and public health through innovative research. PAVIR works with more than 100 Principal Investigators and 200 research staff to support basic science, clinical and health services research to realize its mission. PAVIR's diverse studies span the entire spectrum of health research from the investigation of diseases in the laboratory through testing new drug treatments and developing improved models of health care delivery to looking at outcomes both individually and on a large scale. PAVIR's research addresses health challenges that have been faced especially by Veterans, including post-traumatic stress disorder, traumatic brain injury, geriatric medicine, rehabilitation, sleep and other Veterans and public health issues. PAVIR's investigators have appointments at the VA Palo Alto Health Care System and most also hold appointments at the Stanford University School of Medicine. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | All of Us Research Program. Principal investigators: Philip Tsao, Ph.D. and Jennifer Lee, M.D., Ph.D.The All of Us Research Program (All of Us) is a large collaborative initiative sponsored by the National Institutes of Health (NIH). All of Us includes a consortium of awardees from multiple institutions, including the Department of Veterans Affairs. All of Us is working to improve healthcare through research by building a diverse database of participant self-report information, biospecimens, and Electronic Health Records that can inform future research on a variety of health conditions. VA participation in All of Us is overseen by three Co-PIs, located at the VA Palo Alto Healthcare System and the VA Boston Healthcare System. These two institutions serve as the Coordinating Centers for all participating VA sites, providing leadership and oversight. There are currently 15 VA sites, with plans to add additional sites in the upcoming years. All centralized recruitment, engagement campaigns, and compliance with program requirements is managed by the VA PIs and their respective Coordinating Center teams. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Targeting Cerebrovascular TGF Signaling in Alzheimer's Disease. Principal Investigator: Jian Luo Ph.D.Alzheimer's disease (AD) is the most common type of dementia, afflicting millions of victims worldwide, but has thus far proven incurable. With an aging population, this devastating disease will become more widespread in the near future, making the search for effective treatments a principal objective. While the etiology of AD is poorly understood, recent studies indicate that neurovascular dysfunction is an integral part of AD. The transforming growth factor beta (TGF-beta) is a key molecular factor involved in cerebrovascular dysfunction and in various pathological aspects of AD. The objectives of this project are: 1) to characterize changes of TGF-beta signaling in brain endothelial cells during aging and in mouse models of AD. 2) determine the functional effects of modulating TGF-beta signaling in these models, using a novel small molecule TGF-beta pathway activator and other unique tools developed by our labs. Major accomplishments:1) Developed genetic mouse models and viral approaches to study TGF-beta signaling specifically in brain endothelial cells.2) Demonstrated that loss of TGF-beta signaling specifically in brain endothelial cells impairs endothelial and neurovascular function, while activation of TGF-beta signaling in brain endothelial cells improves neurovascular function and attenuates brain pathology in aging and in mouse models of AD.3) Further developed Compound 381 (C381), a novel small molecule TGF-beta pathway activator.4) Performed an "overdose" CRISPRi Screen and identified factors associated with lysosomal acidification and autophagy as the potential molecular target of C381.5) Demonstrated that C381 increases lysosomal proteolysis and protects lysosomes from LLOME damage.6) Demonstrated that C381 improves cognition and reduces pathology in APP751LonSwe-transgenic mice, a mouse model of AD.7) Developed a vessel isolation and nuclei extraction for sequencing (VINE-seq) to profile the major vascular and perivascular cell types of the mouse and human brain. 8) Identified brain-region- and species-enriched genes and pathways in human AD brains and in mouse models of AD. This work not only shows that TGF-beta signaling is reduced in brain endothelial cells in human AD brains and in Alzheimer model mice, but also uncovers the molecular basis of the human and mouse brain vasculature, which will inform our understanding of AD and therapy.Potential impacts:The main findings from this project demonstrate that the loss of TGF-beta signaling during aging and Alzheimer's disease impairs endothelial and neurovascular function, contributing to disease pathology, and importantly, reversing this loss in signaling has therapeutic potential. They will open new avenues in therapeutic development, as well as improve our mechanistic knowledge of this complex and poorly understood disease.Excitingly, our work has produced a promising drug candidate for the treatment of neurodegenerative diseases. We developed C381, a first-in-class compound capable of activating TGF-beta signaling and restoring lysosomal function. C381 has the potential both as a therapeutic and as a research compound to better understand TGF-beta signaling and lysosomal function. Of note, all IND-enabling (Investigational New Drug Application) toxicology studies for C381 have been completed, showing no major concerns. It is our hope to push C381 into clinical trials in the near future, where it can serve as a first-in-class drug for neurodegenerative conditions with lysosomal pathology and help pave the way for other molecules of its kind. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PAVIR is privileged to work with a large community of uniquely talented medical researchers across a broad spectrum of research areas as we fulfill our mission of advancing Veterans and public health through innovative research. The range of research activities is broad and includes special emphasis on major disease categories, all of which are prevalent in the VA's patient population. These include cardiovascular medicine, mental health, chronic inflammatory disease, stem cell/regenerative medicine, pain, sleep disorders, and many others. In addition to disease specific research, PAVIR is engaged in supporting research aimed at enhancing health care. PAVIR's research portfolio includes comparative studies in which research teams are learning which treatments are superior to others, how to augment or improve standard of care, as well as how to enhance the operation of health care. Furthermore, PAVIR is supporting educational activities, especially in areas of advancing clinical care for Veterans and fostering the professional development of our expert staff. |
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