Cohen Veterans Bioscience INC EIN 47-1981973 Form 990 (PDF) Claim this org

Cohen Veterans Bioscience INC

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Accelerates brain health research for faster diagnostics and personalized treatments. For fiscal year 2025 it reported $3.4M in revenue, $1.4M in expenses, and $1.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Pittsfield, MA
Website
www.cohenveteransbioscience.org
Filings
5 on file (2021–2025)
Revenue
$3.4MFY2025
Expenses
$1.4M
Net assets
$1.7M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-1981973 Public charity (501(c)(3)) Pittsfield, MA
Form 990 (PDF)
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Figures match the IRS filing checked 8/28/26 · see original: IRS
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Size
$1–10M
What they do
Accelerates brain health research for faster diagnostics and personalized treatments.
Leadership
Magali Haas MD, PhD · Board Chair & Former CEO · $797K
Money in and out
$3.4M revenue, $1.4M expenses
Bottom line
37% program efficiency
Where the money goes · FY2025
Total revenue
$3.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Where spending went · Part IX cols B–D
Program services $0.37 Management & general $0.63
Program efficiency
37%
of spending reaches programs▼ -56% vs prior filing year
Operating runway
15.8mo
months of highly liquid reserves at operating expense rate▲ ×11 vs prior filing year
Surplus margin
+59%
revenue over expenses, this year▲ +187% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$3.4M
FY2025▼ -60%
Expenses
$1.4M
FY2025▼ -90%
Total assets
$1.8M
FY2025▼ -40%
Total liabilities
$98K
FY2025▼ -97%
Total revenue
$3.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B37%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCohen Veterans Bioscience INC
EINHdr · item D47-1981973
Principal addressHdr · item CPittsfield, MA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E90)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Board Chair & Former CEO
$796,526Pt VII · Sec A
Former Chief Medical Offic
$445,608Pt VII · Sec A
Former Chief Information O
$390,648Pt VII · Sec A
Former President
$350,316Pt VII · Sec A
Former CEO
$322,853Pt VII · Sec A
Former Chief Technology of
$297,253Pt VII · Sec A
Former Executive Director,
$242,170Pt VII · Sec A
Former Head of Biomakers &
$223,732Pt VII · Sec A

Magali Haas MD PHD’s $797K as Board Chair & Former CEO is at the 99th percentile of top reported officer pay among 3116 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Magali Haas MD PHD$796,526$497,238$547,435$630,807$627,497
Allyson Gage PHD$445,608$396,239$481,736$492,702$495,295
Andreas Jeromin PHD$433,741$490,231
Lee Lancashire$390,648$330,795$310,941$340,407$207,380
Amanda Nicole Harmon$364,717$282,489$300,586
Daniel Plowden$355,283
Nicole Harmon$350,316$293,027
Peter Hoehn$322,853$345,622$183,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $506K of program spending, described in the organization's own filed words · FY2024.
01

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…

$506Kprogram expense

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Statement of Revenue

Part VIII
Investment income$2.3M · 70%
Contributions & grants$1.0M · 30%
Other revenue$24K · 1%
Investment income70%$2.3M
Contributions & grants30%$1.0M
Other revenue1%$24K
Total revenueLn 12$3.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.37 Management & general $0.63
Program services37%$506K
Management & general63%$872K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$1.8M
Total liabilitiesLn 26$98K
Total net assetsLn 32$1.7M
Months of cash on handcomputed15.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses/yr $1.4M
15.8 months
Where the money goes
Program services
Program services $506K · Total expenses $1.4M
37%
Management & General
Management & general $872K · Total expenses $1.4M
63%
Fundraising
Fundraising $0 · Total expenses $1.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $253K · Solicited contributions (3-yr avg) $6.6M
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $3.4M
30%
Government reliance
Government grants — · Total revenue $3.4M
Earned-income share
Program service revenue $0 · Total revenue $3.4M
0%
Investment reliance
Investment income $2.3M · Total revenue $3.4M
+70%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.4M
0%
Growth & trend
Revenue growth (YoY)
This year $3.4M · Prior year $8.4M
-60%
Revenue CAGR
FY2020 $16.3M · FY2024 $3.4M
-33%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.4M · Expenses $1.4M
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.7M · Total assets $1.8M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Biondi · Reported title BOARD SECRETARY · Highest reported compensation $0 · Total expenses $1.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $279K · Total expenses $1.4M
20%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 37%
Overhead ratio 63%
Fundraising cost ratio 0%
Revenue growth -60%
Legal fee ratio 4%
Accounting fee ratio 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 6 grants · $439K · 2020–2023
Louisiana State University Health Sciences Center New OrleansFY2021$115,883
Texas a & MFY2021$100,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.4M revenue · viewing · ⤓ 990 PDF
FY2024$8.4M revenue · ⤓ 990 PDF
FY2023$11.3M revenue · ⤓ 990 PDF
FY2022$18.1M revenue · ⤓ 990 PDF
FY2021$16.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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