Foundation For Atlanta Veterans Education And Research Inc
- Assets
- $9.7m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 80
- Location
- Decatur, GA
- Founding
- 11/1989
- Data as of
- 12/2022
- EIN
- 58-1857346
Organization Overview
Foundation For Atlanta Veterans Education And Research Inc is located in Decatur, GA. The organization was established in 1989. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2022, Foundation For Atlanta Veterans Education And Research Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Atlanta Veterans Education And Research Inc 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 12/2022, Foundation For Atlanta Veterans Education And Research Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $12.3m during the year ending 12/2022. While expenses have increased by 2.3% 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.
Since 2016, Foundation For Atlanta Veterans Education And Research Inc has awarded 28 individual grants totaling $22,681,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOR COMPLETE MISSION STATEMENT SEE SCHEDULE O. MISSION STATEMENTTO SERVE GEORGIA'S VETERANS BY ENABLING AND SUPPORTING PARTNERSHIPS IN RESEARCH AND EDUCATION BETWEEN ATLANTA VETERANS AFFAIRS HEALTH CARE SYSTEM, ACADEMIC INSTITUTIONS, GOVERNMENT RESEARCH ORGANIZATIONS AND PRIVATE COMPANIES. VISIONFAVER WILL BE THE MODEL FOR TRANSFORMING THE HEALTH AND WELL-BEING OF VETERANS BY ADVANCING MEDICAL RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGING INFECTIONS PROGRAM-INFECTIOUS DISEASES CONTINUE TO CAUSE SIGNIFICANT MORBIDITY AND MORTALITY IN THE UNITED STATES. THE GOAL OF THIS PROGRAM IS TO CONTINUE THE POPULATION-BASED ACTIVE SURVEILLANCE SYSTEM OF THE ATLANTA METROPOLITAN STATISTICAL AREA THAT WILL DETECT AND RESPOND TO NEW AND EMERGING INFECTIOUS DISEASES, AS WELL AS TO MONITOR AND INVESTIGATE THE EPIDEMIOLOGY OF HEALTHCARE-ASSOCIATED INFECTIONS.
ALL OTHER PROGRAMS SERVICES.
SURVEILLANCE PLATFORM FOR ENTERIC AND RESPIRATORY INFECTIOUS ORGANISMS AT THE VA (SUPERNOVA) IS AN ONGOING SURVEILLANCE PROJECT TO QUANTIFY THE BURDEN OF VIRAL GASTROENTERITIS AND ACUTE RESPIRATORY ILLNESS IN US VETERANS AFFAIRS PATIENT POPULATION.
THIS IS AN ON-GOING CLINICAL RESEARCH STUDY ON PEOPLE WITH TYPE II DIABETES. IT COMPARES FOUR DIFFERENT COMMONLY USED DIABETES MEDICATIONS IN COMBINATION WITH METFORMIN. THE STUDY IS LOOKING AT HOW WELL EACH COMBINATION WORKS TO CONTROL BLOOD SUGAR LEVELS IN ORDER TO DETERMINE WHICH COMBINATION WORKS THE BEST. IT IS ALSO LOOKING AT THE BENEFITS AND SIDE EFFECTS OF EACH COMBINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ngoc-Anh Le Laboratory Director | 40 | $138,466 | |
Leslie Hughes Executive Director | Officer | 40 | $126,018 |
Colleen Oliver Research Veterinarian | 40 | $106,517 | |
Christopher Simmons Sr. Web Developer | 40 | $104,829 | |
C Michael Hart MD President | OfficerTrustee | 1 | $0 |
B Stanton Breon Jr CFA CPA Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,467,083 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,471,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,938,744 |
| Total Program Service Revenue | $0 |
| Investment income | $21,640 |
| 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 | $11,962,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,918,680 |
| 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. | $137,632 |
| Compensation of current officers, directors, key employees. | $137,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,699,038 |
| Pension plan accruals and contributions | $92,045 |
| Other employee benefits | $137,459 |
| Payroll taxes | $274,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,813 |
| Fees for services: Accounting | $38,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,441 |
| Advertising and promotion | $0 |
| Office expenses | $89,771 |
| Information technology | $10,021 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,089 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,867 |
| Insurance | $41,846 |
| All other expenses | $12,732 |
| Total functional expenses | $12,275,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $878,130 |
| Savings and temporary cash investments | $5,968,113 |
| Pledges and grants receivable | $2,035,532 |
| Accounts receivable, net | $0 |
| 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 | $36,026 |
| Net Land, buildings, and equipment | $749,915 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,667,716 |
| Accounts payable and accrued expenses | $2,758,978 |
| Grants payable | $0 |
| Deferred revenue | $157,357 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,916,335 |
| Net assets without donor restrictions | $4,640,452 |
| Net assets with donor restrictions | $2,110,929 |
| 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 | $9,667,716 |
Grants Awarded
Over the last fiscal year, Foundation For Atlanta Veterans Education And Research Inc has awarded $6,918,680 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EMORY UNIVERSITY SCHOOL OF MEDICINE PURPOSE: COLLABORATION IN THE EMERGING INFECTIONS PROGRAM | $5,356,254 |
BAYLOR SCHOOL OF MEDICINE PURPOSE: COLLABORATION TO QUANTIFY THE BURDEN OF NOROVIRUS GASTRO | $655,156 |
BRONX VETERANS' MEDICAL RESEARCH FOUNDATION PURPOSE: COLLABORATION TO QUANTIFY THE BURDEN OF NOROVIRUS GASTRO | $201,909 |
PALO ALTO VETERANS RESEARCH INSTITUTE PURPOSE: COLLABORATION TO QUANTIFY THE BURDEN OF NOROVIRUS GASTRO | $256,769 |
GREATER LOS ANGELES VETERANS RESEARCH AND EDUCATION FOUNDATION PURPOSE: COLLABORATION TO QUANTIFY THE BURDEN OF NOROVIRUS GASTRO | $448,592 |