Cohen Veterans Bioscience Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 37% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
COHEN VETERANS BIOSCIENCE, INC. ("CVB") IS A NON-PROFIT 501(C)(3) BIOMEDICAL RESEARCH AND TECHNOLOGY ORGANIZATION DEDICATED TO ADVANCING BRAIN HEALTH BY FAST-TRACKING PRECISION DIAGNOSTICS AND TAILORED THERAPEUTICS.
- Income
- $3.4 million
- Spending
- $1.4 million
- Spent on programs
- 37%
- Reserves
- 15.1 months of spending
- Largest source of income
- investment income, 70%
- Employees
- 22
- Volunteers
- 0
- Highest pay
- $805,950, board chair & former ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 43% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 15.1 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 59% of income.
Income trend
0 of 15Income fell 60% on the year before.
Spending floor
0 of 1537% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 29% of charities in its peer group (health care, $1m to $10m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $506,116 spent. CVB'S BOARD OF DIRECTORS VOTED FOR AN ORDERLY WIND DOWN OF OPERATIONS EFFECTIVE MAY 17, 2024. DECEMBER 31, 2024 WAS THE FINAL DAY OF CONTINUING OPERATIONS. SUBSEQUENT TO THIS DATE, THE ORGANIZATION DOES NOT ANTICIPATE ANY ADDITIONAL REVENUE, AND COSTS WILL LARGELY BE RELATED TO THE DISSOLUTION PROCESS AND EFFORTS TO TRANSFER THE INTELLECTUAL PROPERTY AND RESEARCH TO OTHER CHARITABLE ORGANIZATIONS. THE ORGANIZATION HAS SUFFICIENT RESOURCES TO COVER ALL ANTICIPATED COSTS THROUGH DISSOLUTION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.