Form 990 for tax year 2023
Filed by CLINICAL RESEARCH FOUNDATION INC.
What the amendment changed
Compared with the return it replaced , filed 21 May 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Program services expenses
- $174,836 changed to $224,694
- Management and general expenses
- $134,634 changed to $84,776
- Program service expenses (Part III)
- $174,836 changed to $224,694
Totals
- Total revenue
- $330,716
- Total expenses
- $309,470
- Contributions and grants received
- $66,444
- Grants paid
- $0
- Program service revenue
- $256,361
- Investment income
- $7,911
- Other revenue
- $0
- Total assets, end of year
- $256,437
- Total liabilities, end of year
- $2,730
- Net assets or fund balances, end of year
- $253,707
- Program services expenses (Part IX)
- $224,694
- Management and general expenses
- $84,776
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $224,694
Program services were 72.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$66,444
-
2a · Program service revenue: Admin/CTU/Support
total $59,580 · related or exempt $59,580
-
2b · Program service revenue: Project Income
total $196,781 · related or exempt $196,781
-
3 · Investment income
total $7,911 · excluded $7,911
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $42,500 · management and general $42,500
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $49,858 · program services $49,858
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $6,277 · program services $5,232 · management and general $1,045
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $26,350 · management and general $26,350
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,342 · management and general $2,342
-
12 · Advertising and promotion
total $53 · management and general $53
-
13 · Office expenses
total $1,415 · management and general $1,415
-
14 · Information technology
total $15 · management and general $15
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,167 · program services $991 · management and general $2,176
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,475 · management and general $1,475
-
24a · Other expenses: Project expenses
total $162,849 · program services $162,849
-
24b · Other expenses: Dues and Subscription
total $10,440 · program services $3,620 · management and general $6,820
-
24c · Other expenses: Fees for Service
total $2,200 · program services $1,800 · management and general $400
-
24d · Other expenses: Medical Records & Supplies
total $344 · program services $344
-
24e · All other expenses
total $185 · management and general $185
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $182,134 · end of year $241,496
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $50,327 · end of year $14,941
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
end of year $2,730
-
27 · Net assets without donor restrictions
beginning of year $232,461 · end of year $253,707
Mission and programs · 2023
Mission
Clinical Research Foundation, Inc. (CRF) promotes quality scientific research to improve the medical treatment, general health, and quality of life for our nation's veterans by providing a flexible funding mechanism to Robley Rex VA Medical Center researchers for non-VA funded studies or trials
-
In 2023 there was continued growth of research educational outreach. The Clinical Research Foundation successfully hosted 11 Research Day events and 1 Research Week event over the course of the year. It is the most robust educational outreach program ever accomplished at the Louisville VA.
Expenses $224,694
-
The Foundation invested in project management software that is improving the maintenance and communication of studies amongst the research team. The software also aids in improving accountability and financial success of each study managed by the Clinical Research Foundation.
-
Recruitment of clinical studies into start-up was doubled by the fourth Quarter of 2023. This significant increase in clinical trials will improve enrollment for several years to come, setting the foundation up for significant financial growth. This growth will promote the creation of new administrative jobs at the Foundation.
As filed on the 2023 return.
Listed in Part VII
-
Michael Book PhD
Executive Dir.
- Total calculated
- $42,500
- From this org
- $42,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 24
-
Greg Bethards
Director
- Total calculated
- $0
- Hours/week
- 1
-
Belinda Setters MD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Sklena MD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jo-Ann Ginsburg
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gerald Dryden MD PhD
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Bill Seiller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sathya Krishnasamy MD
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202431799349300328
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