Nonprofit · EIN 83-2257857
IVI FOUNDATION INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,614,352 | $1,823,916 | -$209,564 | $688,638 | $238,676 | $449,962 |
| December 31, 2024 | 990 | $2,326,424 | $2,937,790 | -$611,366 | $854,448 | $137,562 | $716,886 |
| December 31, 2023 | 990 | $2,890,230 | $3,196,223 | -$305,993 | $1,513,807 | $185,555 | $1,328,252 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $807,458
- Membership dues
- $705,500
- Program service revenue
- $781,916
- Investment income
- $24,978
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $82,134
- Other salaries and wages
- $888,392
- Salaries, compensation and benefits (total)
- $1,292,647
- Professional fundraising fees
- $0
- Legal fees
- $13,360
- Accounting fees
- $40,660
- Occupancy
- $333
- Travel
- $13,014
- Program services (functional)
- $1,373,128
- Management and general (functional)
- $370,425
- Fundraising (functional)
- $80,363
Balance sheet and other
- Total assets, start of year
- $854,448
- Total assets, end of year
- $688,638
- Total liabilities, end of year
- $238,676
- Net assets, end of year
- $449,962
- Net assets without donor restrictions
- $247,462
- Net assets with donor restrictions
- $202,500
- Gross receipts
- $1,614,352
- Employees
- 5
- Volunteers
- 38
- Year formed
- 2019
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Tiffany Huth | Chief Communications Officer Key employee | 40 | $228,154 | $15,340 |
| Richard Chapman | Chief Science Officer Key employee | 40 | $233,155 | $7,497 |
| Erica Malik | Chief Operating Officer Key employee | 40 | $171,500 | $6,043 |
| Ushma Amish Patel | Patient Engagement Lead Highest-paid employee | 40 | $109,980 | $3,765 |
| Jason Spangler | CEO until 4/30/25 Officer | 40 | $77,150 | $4,984 |
| Scott Brunner | Director Trustee or director | 1 | $0 | $0 |
| Darcel Jackson CPXP LSSGB | Director Trustee or director | 1 | $0 | $0 |
| Harold Carter PharmD | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Gregory Daniel PhD | Director Trustee or director | 1 | $0 | $0 |
| Neil Weissman MD | Director Trustee or director | 1 | $0 | $0 |
| Patty Fritz MA | Director Trustee or director | 1 | $0 | $0 |
| Stacy Lloyd MPH | Director Trustee or director | 1 | $0 | $0 |
| Mark Cziraky PharmD | President Trustee or director, Officer | 1 | $0 | $0 |
| Adam Thompson MPH | Director Trustee or director | 1 | $0 | $0 |
| Nelly Ganesan MPH | Director Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kistein Monkhouse MPA | Director Trustee or director | 1 | $0 |
| Lisa Feng drph | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jason Spangler | CEO Officer | 40 | $391,169 | $20,219 |
| Richard Chapman | Chief Science Officer Highest-paid employee | 40 | $279,786 | $9,026 |
| Tiffany Huth | Chief Communications Offic Highest-paid employee | 40 | $224,151 | $14,675 |
| Erica Malik | Chief Operating Officer Highest-paid employee | 40 | $210,000 | $6,791 |
| Scott Brunner | Director Trustee or director | 1 | $0 | $0 |
| Alan Balch PhD | Director Trustee or director | 1 | $0 | $0 |
| Harold Carter PharmD | Director Trustee or director | 1 | $0 | $0 |
| Gregory Daniel PhD | Past President Trustee or director, Officer | 1 | $0 | $0 |
| Neil Weissman | Director Trustee or director | 1 | $0 | $0 |
| Patty Fritz | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Charles Cutler MD MS | Director Trustee or director | 1 | $0 | $0 |
| Vipan Sood MBARPh MRPharmS | Director Trustee or director | 1 | $0 | $0 |
| Mark Cziraky PharmD | President Trustee or director | 1 | $0 | $0 |
| Suzanne Schrandt | Director Trustee or director | 1 | $0 | $0 |
| Adam ThompsonMPH | Director Trustee or director | 1 | $0 | $0 |
| Nelly Ganesan | Director Trustee or director | 1 | $0 | $0 |
| Kistein Monkhouse MPA | Director Trustee or director | 1 | $0 | $0 |
| Lisa Feng drph | Director Trustee or director | 1 | $0 | $0 |
| Susan Cantrell | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jason Spangler | CEO Officer | 40 | $335,000 | $17,667 |
| Richard Chapman | Chief Science Officer Highest-paid employee | 40 | $270,375 | $8,732 |
| Tiffany Huth | Chief Communications Offic Highest-paid employee | 40 | $210,000 | $13,498 |
| Erica Malik | Chief Operating Officer Highest-paid employee | 40 | $101,625 | $298 |
| John Banta MBA BS | Director Trustee or director | 1 | $0 | $0 |
| Alan Balch PhD | Director Trustee or director | 1 | $0 | $0 |
| Harold Carter PharmD | Director Trustee or director | 1 | $0 | $0 |
| Gregory Daniel PhD | Past President Trustee or director, Officer | 1 | $0 | $0 |
| Michael Thompson | President Trustee or director, Officer | 1 | $0 | $0 |
| Neil Weissman | Director Trustee or director | 1 | $0 | $0 |
| Patty Fritz | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Charles Cutler MD MS | Director Trustee or director | 1 | $0 | $0 |
| Vipan Sood MBARPh MRPharmS | Director Trustee or director | 1 | $0 | $0 |
| Ashley Valentine MRes | Director Trustee or director | 1 | $0 | $0 |
| Mark Cziraky PharmD | Director Trustee or director | 1 | $0 | $0 |
| Rachel Patterson MPA | Director Trustee or director | 1 | $0 | $0 |
| Suzanne Schrandt | Director Trustee or director | 1 | $0 | $0 |
| Adam ThompsonMPH | Director Trustee or director | 1 | $0 | $0 |
| Nelly Ganesan | Director Trustee or director | 1 | $0 | $0 |
| Jennifer Bright | Chief Engagement and Strat Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 107 S WEST STREET 731, ALEXANDRIA, VA 22314-2824
- In care of
- % PRECISION HEALTH ECONOMICS LLC
- Mailing address (990-N for 2018)
- 11100 Santa Monica Blvd Ste 500, Los Angeles CA 90025
- Principal officer (990 for 2025)
- Lisa Malecha, 107 S West Street 731, Alexandria, VA 22314
- Principal officer (990-N for 2018)
- Jennifer Bright, 917 Prince Street, Alexandria VA 22314
- Signed the 990
- Lisa Malecha, CFO
- Phone
- (763) 370-2941
- Website
- www.valueresearch.org
- Return prepared by
- Kositzka Wicks and Company
Mission
The Foundation's mission is to advance the science and improve the practice of value assessment in healthcare. The Foundation's 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.
Program accomplishments
- Research Projects - IVI develops tools and methods that support multistakeholder decision making forvalue in healthcare.Expenses $756,794 · revenue $781,916
- Stakeholder and patient engagement - Through intentional planning and practice, we seek to ensure patients are full participants and equal partners in our research design, execution, and evaluation.Expenses $141,740
- Media communications - The Foundation collaborates with healthcare stakeholders to engage in research, methods development, and health economic modeling focused on four core areas:1- Building tools to support decision making2- Improving the science of value measurement3- Conducting research to understand and quantify patient perspectives on value4- Engaging research partners for translational and applied use of OSVP modelsExpenses $258,380
- MembershipsExpenses $216,214
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2257857
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H05)
- Assets (IRS master file)
- $688,638
- Income (IRS master file)
- $1,614,352
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,614,352 | $1,823,916 | $688,638 | XML |
| 990 | December 2024 | $2,326,424 | $2,937,790 | $854,448 | XML |
| 990 | December 2023 | $2,890,230 | $3,196,223 | $1,513,807 | XML |
| 990 | December 2022 | $2,485,033 | $2,810,039 | $1,961,316 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Jennifer Bright | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2257857).
Questions about IVI FOUNDATION INC
- What is the EIN of IVI FOUNDATION INC?
- The employer identification number (EIN) of IVI FOUNDATION INC is 83-2257857.
- Is IVI FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to IVI FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IVI FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IVI FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IVI FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IVI FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Lisa Malecha.
- Who are the officers and directors of IVI FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 17 people; 5 received compensation from the organization, the highest $228,154 (Tiffany Huth, Chief Communications Officer).
- How much revenue does IVI FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,614,352, expenses of $1,823,916 and total assets of $688,638 at year end.
Other nonprofits in ALEXANDRIA
- CONQUER CANCER FDN OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY EIN 31-1667995 · last filed 990 for 2024
- PREVENT CANCER FOUNDATION EIN 52-1429544 · last filed 990 for 2025
- HEALTHCARE REGULATORY RESEARCH INSTITUTE EIN 61-1848085 · last filed 990 for 2024
- AMGA FOUNDATION INC EIN 54-6059304 · last filed 990 for 2024
- INTERNATIONAL SOCIETY FOR CEREBRAL BLOOD FLOW AND METABOLISM INC EIN 13-3418286 · last filed 990 for 2024
- FOUNDATION TO ERADICATE DUCHENNE INC EIN 71-0874241 · last filed 990 for 2025
- NEURO DEVELOPMENTAL TREATMENT ASSOCIATION INC EIN 39-1291165 · last filed 990 for 2024
- THE AOPA FOUNDATION EIN 80-0381934 · last filed 990-EZ for 2024