Metis Foundation
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Fund research and foster collaboration for medical advancements, especially for the Department of Defense. For fiscal year 2024 it reported $14.4M in revenue, $14.3M in expenses, and $874K in net assets.Pt I
Summary of the Filing
Where the work happens
W81XWH-19-2-0016 Development of a radiation dose response in rats. Besides survival, outcome measures include physiological parameters, coagulopathy (prothrombin time, thrombin generation, platelet aggregation, coagulation factors), endothelial damage & dysfunction (glycocalyx shedding, edema) and acute immune response.
W81XWH-21-2-0053 We are seeking to address the following scientific questions, (1) Is hypocalcemia presentfollowing traumatic injury prior to transfusion during resuscitation? (2) Does hypocalcemia influence the amount of blood products transfused? (3) To what extent is hypocalcemia further exacerbated by transfusion?
Hu00012120090
Statement of Public PurposeMilitary Health System beneficiaries and military service members are at risk for Long Haul Covid (LHC). Importantly, this study will enroll non-MHS beneficiaries as well, extending the implications to the health of the general public.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Andrew Heroy’s $150K as Employee is at the 4th percentile of top reported officer pay among 127 $10–100M medical research 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Rodney Chan | — | $429,296 | $395,804 | $408,699 | $408,699 |
| Michael Davis | $94,800 | $331,994 | — | $398,600 | $232,517 |
| Anders Carlsson PHD | $89,480 | $175,559 | $137,940 | $174,964 | $164,907 |
| Andrew Heroy | $149,651 | $158,772 | — | — | — |
| Kathju Sandeep | — | — | — | $156,087 | — |
| Raul Corpus | — | $149,640 | — | $141,113 | — |
| Jason Lavender | $145,601 | — | — | — | $127,588 |
| Autumn Mains | — | — | — | — | $115,760 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 19% | — | — |
| Legal fee ratio | 2% | — | — |
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.
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