IVI FOUNDATION INC DBA CENTER FOR INNOVATION & VALUE RESEARCH Charity Report

Public IRS 990 nonprofit record

IVI FOUNDATION INC DBA CENTER FOR INNOVATION & VALUE RESEARCH

EIN 83-2257857 · Research Institutes & Public Policy Analysis (H05)

What they do

The Foundations Mission is to Advance The Science and Improve The Practice of Value Assessment In Healthcare. The Foundations Goal is to Build A Platform That Facilitates Robust and Rigorous Patient-centered Value Assessment of Health Technologies Tailored to The Needs and Interests of Individual Decision Makers.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $69.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.36%of revenue went to mission work69.2% of expenses · Program services

3.53%of revenue went to fundraising2.8% of expenses

$181.98spent for every $100 of revenueSpending was higher than revenue this year.

35.38%of revenue went to management and office costs28.0% of expenses

$0.23in assets for every $1 spent this yearSome assets cannot be spent right away.

124.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,323,438 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $411,388 for JASON SPANGLER (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,326,424

Mission workProgram services$2,032,41287.36% of revenue69.2% of expenses

ManagementOffice and general costs$823,14135.38% of revenue28.0% of expenses

FundraisingAsking for donations$82,2373.53% of revenue2.8% of expenses

Total expenses$2,937,790126.28% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 69.2% mission · 28.0% management · 2.8% fundraisingTotal expenses: 126.28% of revenue

2023Expense mix: 82.1% mission · 15.9% management · 2.0% fundraisingTotal expenses: 110.59% of revenue

2022Expense mix: 87.8% mission · 10.4% management · 1.8% fundraisingTotal expenses: 113.08% of revenue

2021Expense mix: 90.3% mission · 7.9% management · 1.8% fundraisingTotal expenses: 135.70% of revenue

2020Expense mix: 70.0% mission · 21.7% management · 8.3% fundraisingTotal expenses: 51.08% of revenue

2019Expense mix: 70.2% mission · 18.5% management · 11.3% fundraisingTotal expenses: 61.22% of revenue

Money in and money out

Revenue$1,614,352

Expenses$2,937,790

Annual shortfall $1,323,438 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,032,412 · 69.2% of expenses

Management and office costs$823,141 · 28.0% of expenses

Fundraising$82,237 · 2.8% of expenses

See all reported dollar amounts

Revenue$1,614,352

Expenses$2,937,790

Assets$688,638

Income$1,614,352

Contributions$2,012,970

Mission work (program services)$2,032,412

Fundraising$82,237

Grants given$115,000

Average grant$57,500

Management and general$823,141

Accounting fees$48,032

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JASON SPANGLERCEO · 40 hrs/week $411,388Base $391,169 · Other $20,219

RICHARD CHAPMANCHIEF SCIENCE OFFICER · 40 hrs/week $288,812Base $279,786 · Other $9,026

TIFFANY HUTHCHIEF COMMUNICATIONS OFFIC · 40 hrs/week $238,826Base $224,151 · Other $14,675

ERICA MALIKCHIEF OPERATING OFFICER · 40 hrs/week $216,791Base $210,000 · Other $6,791

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

JASON SPANGLERCEO

RICHARD CHAPMANCHIEF SCIENCE OFFICER

TIFFANY HUTHCHIEF COMMUNICATIONS OFFIC

ERICA MALIKCHIEF OPERATING OFFICER

MARK CZIRAKY PHARMDPRESIDENT

VIPAN SOOD MBARPH MRPHARMSDIRECTOR

SUZANNE SCHRANDTDIRECTOR

SUSAN CANTRELLDIRECTOR

SCOTT BRUNNERDIRECTOR

PATTY FRITZSECRETARY/TREASURER

NELLY GANESANDIRECTOR

NEIL WEISSMANDIRECTOR

LISA FENG DRPHDIRECTOR

KISTEIN MONKHOUSE MPADIRECTOR

HAROLD CARTER PHARMDDIRECTOR

GREGORY DANIEL PHDPAST PRESIDENT

CHARLES CUTLER MD MSDIRECTOR

ALAN BALCH PHDDIRECTOR

ADAM THOMPSONMPHDIRECTOR

About this charity

Recognized since: January 2019
Location: 107 S WEST STREET 731, ALEXANDRIA, VA 22314-2824
County: City of Alexandria
In care of: % PRECISION HEALTH ECONOMICS LLC
Primary officer: Lisa Malecha, CFO

How to reach them

WebsiteVisit the charity’s website Phone(763) 370-2941

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KOSITZKA WICKS AND COMPANY
NTEE classification: Research Institutes & Public Policy Analysis (H05)
IRS tax category: Research Institutes & Public Policy Analysis
Grant-giving organization: Yes