Metis Foundation
- Assets
- $3.7m
- Revenue
- $12.1m
- Investments
- $0.0
- Employees
- 86
- Location
- San Antonio, TX
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-2219464
Organization Overview
Metis Foundation is located in San Antonio, TX. The organization was established in 2015. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 12/2023, Metis Foundation employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Metis Foundation generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $12.1m during the year ending 12/2023. While expenses have increased by 33.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE METIS FOUNDATION IS AN ORGANIZATION DEDICATED TO ADVANCING CLINICALLY RELEVANT MEDICAL RESEARCH, ESPECIALLY WITHIN THE DEPARTMENT OF DEFENSE. WE SEEK TO FOSTER COLLABORATION AMONG GOVERNMENT, ACADEMIC AND INDUSTRY ENTITIES BY PROVIDING SCIENTIFIC, EDUCATIONAL, FINANCIAL AND PROJECT MANAGEMENT SUPPORT DURING THE CONDUCT OF FEDERALLY AND PRIVATELY SPONSORED RESEARCH, CLINICAL TRIALS AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HU00012320002 THE MILITARY CARDIOVASCULAR OUTCOMES RESEARCH (MICOR) PROGRAM UTILIZES A MULTIDISCIPLINARY APPROACH FOR DEFINING THE BEST PRACTICES TO PREVENT AND MITIGATE CARDIOVASCULAR DISEASE (CVD) IN THE MILITARY. THE MAJOR FOCUS IS TO INCREASE READINESS, REDUCE HEALTH COST, AND PREVENT CARDIOVASCULAR MORBIDITY LATER IN LIFE FOR VARIOUS MILITARY COHORTS. THE PROGRAM INTEGRATES A VARIETY OF SUBJECT MATTER EXPERTISE INCLUDING CARDIOLOGY, PHARMACOLOGY, PSYCHOLOGY, AND METABOLIC DISORDERS WHILE IMPLEMENTING CARDIOVASCULAR PREVENTION STRATEGIES IN A VARIETY OF POPULATIONS.
ALL OTHER PROGRAMS COMBINED FOR MEDICAL RESEARCH
HU00012120090: STATEMENT OF PUBLIC PURPOSEMILITARY HEALTH SYSTEM BENEFICIARIES AND MILITARY SERVICE MEMBERS ARE AT RISK FOR LONG HAUL COVID (LHC). IMPORTANTLY, THIS STUDY WILL ENROLL NON-MHS BENEFICIARIES AS WELL, EXTENDING THE IMPLICATIONS TO THE HEALTH OF THE GENERAL PUBLIC. ALL INDIVIDUALS THAT SUFFER FROM COVID WILL BENEFIT FROM RESEARCH STUDIES THAT EXPAND THE BODY OF KNOWLEDGE ON REDUCING THIS NEGATIVE POST-VIRAL IMPACT.
W911NF-19-2-0027 THERE IS A CRITICAL NEED FOR STABILIZATION OF LIMBS AND ORGANS FOR CIVILIAN AND MILITARY APPLICATIONS THAT ARE CURRENTLY LIMITED BY STORAGE TIME WHEN REMOVED FROM THE BODY. AS PART OF THE DARPA BIOSTASIS PROGRAM, THE WYSS INSTITUTE TEAM HAS PARTNERED WITH THE 59TH RESTOR PROGRAM AND VASCULAR PERFUSION SOLUTIONS TO TEST THE FIRST APPLICATION OF ITS WC1 BIOSTASIS INDUCER COMPOUND IN SWINE USING AN ESTABLISHED MODEL OF VASCULARIZED COMPOSITE ALLOTRANSPLANTATION (VCA) IN CONJUNCTION WITH THE ULISSES (UNIVERSAL LIMB STASIS SYSTEM FOR EXTENDED STORAGE) DEVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Chan Chair, Board Member | OfficerTrustee | 40 | $429,296 |
Anders Carlsson PHD Board Member | OfficerTrustee | 40 | $175,559 |
Prabh Grewal DDS Board Member | OfficerTrustee | 1 | $65,530 |
Rachelle Mainard Board Member | OfficerTrustee | 1 | $0 |
Michael Davis Board Member | OfficerTrustee | 1 | $331,994 |
Andrew Heroy Employee | 40 | $158,772 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,063,981 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,063,981 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,069,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,153,814 |
| Compensation of current officers, directors, key employees. | $916,060 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $232,073 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $906,849 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $46,788 |
| Royalties | $0 |
| Occupancy | $95,049 |
| Travel | $181,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,436 |
| All other expenses | $2,063,943 |
| Total functional expenses | $12,052,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,781 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,505,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,721 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,717,155 |
| Accounts payable and accrued expenses | $1,679,456 |
| Grants payable | $0 |
| Deferred revenue | $933,621 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $305,044 |
| Other liabilities | $0 |
| Total liabilities | $2,918,121 |
| Net assets without donor restrictions | $705,352 |
| Net assets with donor restrictions | $93,682 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,717,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $3,717,155 | $12,069,658 |
Dallas Va Research Corporation Dallas, TX | $2,168,964 | $1,996,257 |
Osteosarcoma Institute Dallas, TX | $4,763,582 | $1,369,434 |
International Safety Center Inc League City, TX | $24,189 | $163,018 |
Lifeplus Foundation Batesville, AR | $50,261 | $68,591 |
Carnot Research Foundation Dallas, TX | $11,143 | $120,000 |
Childrens Optimal Health Austin, TX | $0 | -$123,152 |
Thomas-Mcmahan Cancer Foundation New Orleans, LA | $56,776 | -$462 |
International Veterinary Point-Of-Care Ultrasound Society Spicewood, TX | $56,671 | $0 |
Foundation Of Collaborative Unique Science Focus San Antonio, TX | $373,989 | $0 |
Center For Health And Economics Houston, TX | $0 | $0 |