Arizona Veterans Research And Education Foundation
- Assets
- $3.4m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 31
- Location
- Phoenix, AZ
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 86-0907729
Organization Overview
Arizona Veterans Research And Education Foundation is located in Phoenix, AZ. The organization was established in 1999. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2023, Arizona Veterans Research And Education Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Veterans Research And Education 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, Arizona Veterans Research And Education Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Arizona Veterans Research And Education Foundation has awarded 15 individual grants totaling $1,076,242. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE, SUPPORT, AND FACILITATE BIOMEDICAL AND HEALTH SERVICES RESEARCH AND EDUCATION ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNCTION OF MEDIN, ONE OF THE MOST COMMON HUMAN AMYLOID PROTEINS THAT ACCUMULATES IN THE VASCULATURE WITH AGING, REMAINS UNKNOWN. THIS STUDY AISM TO FIND THE ORIGIN AND MECHANISM WHICH ACTIVATES MEDIN PRODUCTION AS A CELLULAR LEVEL.
FOR THIS BIOENGINEERING RESEARCH GRANT, COLLECTIONS OF MOLECULAR TOOLS AND MARKERS UNIQUE TO THE ROD MICROGLIA VARIANT WILL BE DEVELOPED, VALIDATED, AND VERIFIED TO ENABLE FUTURE DIAGNOSTIC, PROGNOSTIC, AND MECHANISTIC STUDIES OF NEUROINFLAMMATION PROGRESSION IN CLINICAL DISEASE AND INJURY.
CONTINUOUS GLUCOSE MONITORING (CGM) ALLOWS NEAR CONTINUOUS GLUCOSE MONITORING THROUGHOUT THE 24-HOUR CYCLE, WHICH PERMITS CALCULATION OF NUMEROUS METRICS TO BETTER ASSESS BOTH AVERAGE GLUCOSE CONTROL AS WELL AS WITHIN DAY AND BETWEEN DAY GLUCOSE FLUCTUATIONS. BY COMBINING DEXCOM CGM DATA FROM VETERANS FROM AROUND THE COUNTRY WITH MANY YEARS OF ELECTRONIC MEDICAL RECORDS, THERE IS A UNIQUE OPPORTUNITY TO GREATLY EXPAND THE STUDY OF CGM BENEFITS TO INCLUDE A VARIETY OF ACUTE AND CHRONIC COMPLICATIONS. WE WILL BE ABLE FOR THE FIRST TIME TO COMPARE BOTH SHORT-TERM COMPLICATIONS (E.G., INADEQUATE GLUCOSE CONTROL, HOSPITALIZATIONS, SEVERE HYPOGLYCEMIC EVENTS, KETOACIDOSIS) AND LONG-TERM OUTCOMES (E.G., MAJOR ADVERSE CARDIOVASCULAR EVENTS, NEPHROPATHY, RETINOPATHY) IN DIABETES PATIENTS (1) WITH AND WITHOUT CGM USE; (2) BEFORE AND AFTER CGM USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Aguayo Board Chair | OfficerTrustee | 2 | $0 |
Diane Parrington Board Member | Trustee | 0 | $0 |
Shakaib Rehman Board Member | Trustee | 0 | $0 |
Negin Nekahi Treasurer | OfficerTrustee | 1 | $0 |
Steven Sample Board Member | Trustee | 0 | $0 |
Bryan Matthews Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $320,735 |
| Government grants | $1,122,116 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,780 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,448,631 |
| Total Program Service Revenue | $582,364 |
| Investment income | $69,537 |
| 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 | $2,116,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $402,848 |
| 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. | $121,089 |
| Compensation of current officers, directors, key employees. | $121,089 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,240,392 |
| Pension plan accruals and contributions | $13,613 |
| Other employee benefits | $120,422 |
| Payroll taxes | $94,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,460 |
| Fees for services: Accounting | $114,859 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,766 |
| Advertising and promotion | $779 |
| Office expenses | $2,549 |
| Information technology | $1,974 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $32,515 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,243 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,411 |
| Insurance | $14,692 |
| All other expenses | $16,177 |
| Total functional expenses | $2,414,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,978,660 |
| Savings and temporary cash investments | $746,847 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $656,728 |
| 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 | $5,149 |
| Net Land, buildings, and equipment | $24,857 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,412,241 |
| Accounts payable and accrued expenses | $226,615 |
| Grants payable | $0 |
| Deferred revenue | $2,120 |
| 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 | $228,735 |
| Net assets without donor restrictions | $3,183,506 |
| Net assets with donor restrictions | $0 |
| 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 | $3,412,241 |
Grants Awarded
Over the last fiscal year, Arizona Veterans Research And Education Foundation has awarded $338,126 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: RESEARCH OF GLUCOSE VARIATIONS | $86,782 |
ARIZONA STATE UNIVERSITY PURPOSE: DEVELOPMENT OF VIRTUAL COGNITIVE REHABILITATION SOFTWARE | $196,670 |
DIGNITY HEALTH PURPOSE: VALIDATION AND DEVELOPMENT OF NANOLIPOSOMES | $54,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Veterans Research And Education Foundation Phoenix, AZ | $3,412,241 | $2,116,292 |
Pire California Inc Berkeley, CA | $2,359,910 | $1,029,599 |
Autism Tree Project Inc La Jolla, CA | $429,016 | $340,740 |
Gold Rush Cure Foundation Inc Laguna Niguel, CA | $362,146 | $284,645 |
Conference For The Model Aquatic Health Code Maricopa, AZ | $200,730 | $187,940 |
Jordan Sterling Foundation Phoenix, AZ | $67,137 | $0 |
Alternative Cancer Research Fund Phoenix, AZ | $14,761 | $46,589 |
Foundation For Regenerative Medicine Inc Orange, CA | $11,031 | $0 |
Blissful Hearts Fruita, CO | $1,715 | $7,306 |
Quad Foundation Inc San Diego, CA | $3,059 | $0 |
Consortium Of Oriental Medicine Research And Education Orange, CA | $1,046 | $0 |
Samushare Foundation San Diego, CA | $0 | $0 |
Tipping The Scale Los Angeles, CA | $0 | $0 |
Thomas And Hisako Noguchi Foundation Charitable Tr 2-9-15 Los Angeles, CA | $0 | $0 |