Form 990 for tax year 2025
Filed by CLINICAL RESEARCH FOUNDATION INC.
Totals
- Total revenue
- $499,292
- Total expenses
- $337,354
- Contributions and grants received
- $241,096
- Grants paid
- $0
- Program service revenue
- $245,428
- Investment income
- $12,768
- Other revenue
- $0
- Total assets, end of year
- $664,236
- Total liabilities, end of year
- $218,610
- Net assets or fund balances, end of year
- $445,626
- Program services expenses (Part IX)
- $280,424
- Management and general expenses
- $56,930
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $280,424
Program services were 83.1% 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)
$191,096
-
1f · All other contributions, gifts and grants
$50,000
-
2a · Program service revenue: Admin/CTU
total $123,240 · related or exempt $123,240
-
2b · Program service revenue: Project Income
total $122,188 · related or exempt $122,188
-
3 · Investment income
total $12,768 · related or exempt $12,768
-
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 $64,151 · management and general $64,151
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $55,122 · program services $27,072 · management and general $28,050
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total -$99,141 · program services $2,152 · management and general -$101,293
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $43,263 · management and general $43,263
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $3,225 · management and general $3,225
-
12 · Advertising and promotion
total $1,647 · management and general $1,647
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $639 · management and general $639
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $2,062 · management and general $2,062
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,112 · management and general $2,112
-
24a · Other expenses: Project Expense
total $247,318 · program services $247,318
-
24b · Other expenses: Dues and Subscriptions
total $13,214 · program services $649 · management and general $12,565
-
24c · Other expenses: Fee for service
total $2,600 · program services $2,600
-
24d · Other expenses: Office Supplies
total $748 · program services $255 · management and general $493
-
24e · All other expenses
total $394 · program services $378 · management and general $16
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $391,193 · end of year $608,390
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $51,617
-
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
beginning of year $4,229 · end of year $4,229
-
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
beginning of year $62,665 · end of year $218,609
-
25 · Other liabilities
beginning of year $2,404 · end of year $1
-
27 · Net assets without donor restrictions
beginning of year $330,353 · end of year $445,626
Mission and programs · 2025
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
-
Hired our first full-time employee. The position is a Post Awards Administrator to oversee the project management and post-awards processes of each study and grant. Additionally, we generated the largest philanthropic donation in Foundation history. Finally, we received approval to use Greenphire to improve the facilitation of patient stipends and travel reimbursement.
Expenses $280,424 · Revenue $369,494
As filed on the 2025 return.
Listed in Part VII
-
Michael Book PhD
Executive Dir.
- Total calculated
- $64,151
- From this org
- $64,151
- From related orgs
- $0
- Other
- $0
- Hours/week
- 24
-
Greg Bethards
Director
- Total calculated
- $1,300
- From this org
- $1,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mark Oliges
Director
- Total calculated
- $1,300
- From this org
- $1,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Belinda Setters MD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gerald Dryden MD PhD
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Sathya Krishnasamy MD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Bowman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Larry Roberts
Director
- Total calculated
- $0
- Hours/week
- 1
-
Amy Minix 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
- 2025
- Filed
- 5 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202631569349301303
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