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Louisiana Veterans Research Corp

EIN 72-1199206 · New Orleans, LA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak49 out of 100GovernanceFair66 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 47% 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

TO FACILITATE MEDICAL RESEARCH AND EDUCATION PROGRAMS CONDUCTED AT THE SOUTHEAST LOUISIANA VETERANS HEALTH CARE SYSTEM.

Income
$361,564
Spending
$359,917
Spent on programs
47%
Reserves
5.6 months of spending
Largest source of income
fees for its services, 100%
Employees
6
Volunteers
0
Highest pay
$100,000, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 49 out of 100.

  • Reserves

    20 of 35

    Spendable reserves would cover 5.6 months of spending.

  • Debt

    2 of 20

    It owes 78% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    15 of 15

    Income rose 26% on the year before.

  • Spending floor

    0 of 15

    47% of spending went to programs.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 66 out of 100.

  • Independent board

    5 of 25

    2 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 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)
  1. $170,174 spent. FACILITATING SCIENTIFIC RESEARCH AND CLINICAL TRIALS AT THE SOUTHEAST LOUISIANA VETERANS HEALTH CARE SYSTEM. THE 2025 TRIALS AND GRANTS INCLUDED: AN EARLY CANCER DETECTION CLINICAL TRIAL SPONSORED BY GRAIL; A FEDERALLY FUNDED ARPA-H GRANT SUBAWARD FOCUSED ON HONING THE TECHNOLOGY BEHIND RAPID CANCER IMAGING; AN OLYMPUS DEVICE STUDY IN SUBJECTS WITH BENIGN PROSTATIC HYPERPLASIA; A ROBERT WOOD JOHNSON FOUNDATION GRANT SUBAWARD THAT ASSESSES MEDICAL MISTRUST IMPACTING HOW AFRICAN AMERICAN MEN DIAGNOSED WITH EARLY-STAGE PROSTATE CANCER SEEK CARE; THREE DEPARTMENT OF DEFENSE SUBAWARDS EXAMINGING TRAUMA AND GUILT REDUCTION THERAPY, IMPROVING PTSD THERAPY OUTCOMES, AND PTSD THERAPY IN OUTPATIENT SUBSTANCE USE TREATMENT; A QUALITY IMPROVEMENT PROJECT WITH AMERICAN HEART ASSOCIATION AND NOAVRTIS STUDYING VA LIPID OPTIMIZATION REIMAGINED IN VETERANS WITH ASCVD; A VERACYTE DEVICE STUDY IN SUBJECTS WITH PULMONARY NODULES; A VETERANS PARKINSON'S DISEASE GENETICS INITIATIVE SPONSORED BY THE MICHAEL J FOX FOUNDATION, AND A CONCEPT MEDICAL CONFIDENTIAL CARDIOLOGY TRIAL.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 November 6, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.