Totals
- Total revenue
- $14,394,121
- Total expenses
- $14,318,855
- Contributions and grants received
- $14,370,162
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $23,959
- Total assets, end of year
- $4,313,499
- Total liabilities, end of year
- $3,439,199
- Net assets or fund balances, end of year
- $874,300
- Program services expenses (Part IX)
- $12,011,711
- Management and general expenses
- $2,307,144
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,011,711
Program services were 83.9% 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)
$14,370,162
-
11d · All other revenue
total $23,959 · related or exempt $23,959 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$23,959
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $7,788,793 · program services $6,351,383 · management and general $1,437,410 · fundraising $0
-
11b · Fees: legal
total $255,874 · program services $0 · management and general $255,874 · fundraising $0
-
11g · Fees: other
total $1,478,823 · program services $1,477,273 · management and general $1,550 · fundraising $0
-
14 · Information technology
total $87,456 · program services $21,001 · management and general $66,455 · fundraising $0
-
16 · Occupancy
total $708,797 · program services $642,302 · management and general $66,495 · fundraising $0
-
17 · Travel
total $279,286 · program services $187,524 · management and general $91,762 · fundraising $0
-
23 · Insurance
total $1,756 · program services $473 · management and general $1,283 · fundraising $0
-
24a · Other expenses: BANK CHARGES
total $8,002 · program services $110 · management and general $7,892 · fundraising $0
-
24b · Other expenses: MATERIALS & SUPPLIES
total $1,036,674 · program services $947,487 · management and general $89,187 · fundraising $0
-
24c · Other expenses: MEALS & ENTERTAINMENT
total $30,547 · program services $0 · management and general $30,547 · fundraising $0
-
24d · Other expenses: MEMBERSHIPS & SUBSCRIPTIONS
total $40,779 · program services $8,708 · management and general $32,071 · fundraising $0
-
24e · All other expenses
total $2,602,068 · program services $2,375,450 · management and general $226,618 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $203,781 · end of year $1,012,069
-
4 · Accounts receivable
beginning of year $3,505,653 · end of year $3,255,636
-
9 · Prepaid expenses and deferred charges
beginning of year $7,721 · end of year $45,794
-
17 · Accounts payable and accrued expenses
beginning of year $1,679,456 · end of year $1,175,064
-
19 · Deferred revenue
beginning of year $933,621 · end of year $2,263,558
-
24 · Unsecured notes and loans payable
beginning of year $305,044 · end of year $577
-
27 · Net assets without donor restrictions
beginning of year $705,352 · end of year $780,618
-
28 · Net assets with donor restrictions
beginning of year $93,682 · end of year $93,682
Mission and programs · 2024
Mission
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.
-
W81XWH-19-2-0016 Development of a radiation dose response in rats. Besides survival, outcome measures include physiological parameters, coagulopathy (prothrombin time, thrombin generation, platelet aggregation, coagulation factors), endothelial damage & dysfunction (glycocalyx shedding, edema) and acute immune response.
Expenses $969,449 · Grants $359,753 · Revenue $1,129,839
-
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.
Expenses $854,892 · Grants $96,872 · Revenue $991,679
-
W81XWH-21-2-0053 We are seeking to address the following scientific questions, (1) Is hypocalcemia presentfollowing traumatic injury prior to transfusion during resuscitation? (2) Does hypocalcemia influence the amount of blood products transfused? (3) To what extent is hypocalcemia further exacerbated by transfusion? (4) What is the relationship of hypocalcemia following traumatic injury to mortality?
Expenses $862,506 · Grants $530,286 · Revenue $924,174
-
ALL OTHER PROGRAMS COMBINED FOR MEDICAL RESEARCH
Expenses $9,324,864 · Grants $3,315,953 · Revenue $11,348,430
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rodney ChanRODNEY CHAN
CHAIR, BOARD MEMBER
- Total calculated
- $430,686
- From this org
- $0
- From related orgs
- $0
- Other
- $430,686
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $430,686
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $430,686
-
Anders Carlsson PhDANDERS CARLSSON PHD
BOARD MEMBER
- Total calculated
- $182,612
- From this org
- $89,480
- From related orgs
- $0
- Other
- $93,132
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,612
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $182,612
-
Prabh Grewal DDSPRABH GREWAL DDS
BOARD MEMBER
- Total calculated
- $66,560
- From this org
- $66,560
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Rachelle MainardRACHELLE MAINARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael DavisMICHAEL DAVIS
BOARD MEMBER
- Total calculated
- $173,800
- From this org
- $94,800
- From related orgs
- $0
- Other
- $79,000
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $173,800
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $173,800
-
Andrew HeroyANDREW HEROY
EMPLOYEE
- Total calculated
- $149,651
- From this org
- $149,651
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jason LavenderJASON LAVENDER
EMPLOYEE
- Total calculated
- $145,601
- From this org
- $145,601
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Richard MaRICHARD MA
BOARD MEMBER
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349304235
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