NATIONAL VENTURE CAPITAL ASSOCIATION

EIN: 521296842

WASHINGTON, DC

Total Revenue
$9,262,904
Total Expenses
$6,990,083
Total Assets
$13,745,529
Net Assets
$9,099,113
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
DC
Principal Officer
ROBERT BOBBY FRANKLIN
Phone
2028645920
Tax Period
2023-01-01 to 2023-12-31

NATIONAL VENTURE CAPITAL ASSOCIATION, founded in 1973, is a community nonprofit that reported $9.3M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.3M, a strong 25% operating margin.

Mission

NVCA UNITES THE U.S. ENTREPRENEURIAL ECOSYSTEM TO SUPPORT THE FORMATION OF HIGH-GROWTH COMPANIES AND ENSURE THE U.S. REMAINS THE MOST COMPETITIVE ENVIRONMENT IN THE WORLD FOR ENTREPRENEURS AND INNOVATION. POWERED BY OUR MEMBERS, NVCA CONVENES VENTURE CAPITAL INVESTORS, ENTREPRENEURS, INDUSTRY PARTNERS AND OTHER ECOSYSTEM PARTICIPANTS TO SHAPE PUBLIC POLICY, DEVELOP AND LEAD INDUSTRY INITIATIVES, SPEARHEAD INDUSTRY RESEARCH, AND FACILITATE PROFESSIONAL DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,000,498
Investment Income $256,706
Other Revenue $5,700
TOTAL REVENUE $9,262,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,057,666
Fundraising Expenses $0
Other Expenses $2,932,417
TOTAL EXPENSES $6,990,083

Year-over-Year Comparison

2023 2022 Change
Revenue $9,262,904 $8,555,266 +0.1%
Expenses $6,990,083 $7,014,298 0.0%
Net Income $2,272,821 $1,540,968 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
31
Independent Members
31
Employees
N/A
Volunteers
39

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,450,273
Total Directors
39
$0
Key Employees
1
$405,812
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT BOBBY FRANKLIN PRESIDENT & CEO 36.75
Officer
$1,285,436 $164,837 $1,450,273
MARYAM HAQUE EXECUTIVE DIRECTOR, VENTURE FORWARD 0.25
Highest
$453,583 $26,813 $480,396
CHRISTINA MARTIN CHIEF OPERATING OFFICER 37.50
Key Emp
$384,379 $21,433 $405,812
JUSTIN FIELD CHIEF STRATEGY OFFICER (TO SEP '23) 37.50
Highest
$289,600 $15,282 $304,882
JASON VITA VICE PRESIDENT BUSINESS DEVELOPMENT 37.50
Highest
$206,929 $20,564 $227,493
SHILOH TILLEMANN-DICK RESEARCH DIRECTOR 37.50
Highest
$204,814 $20,450 $225,264
MICHELE SOLOMON SENIOR DIRECTOR, ADMINISTRATION 37.50
Highest
$182,299 $19,499 $201,798
CHARLES HUDSON CHAIR 2.00
Officer Director
$0 $0 $0
EMILY MELTON CHAIR (TO MAY '23) 2.00
Officer Director
$0 $0 $0
BYRON DEETER CHAIR-ELECT 2.00
Officer Director
$0 $0 $0
VINEETA AGARWALA EXCOM AT-LARGE 2.00
Officer Director
$0 $0 $0
DANIEL LEVINE EXCOM AT-LARGE 2.00
Officer Director
$0 $0 $0
MOHAMAD MAKHZOUMI EXCOM AT-LARGE (TO MAY '23) 2.00
Officer Director
$0 $0 $0
DEENA SHAKIR EXCOM AT-LARGE 2.00
Officer Director
$0 $0 $0
JILL JARRETT TREASURER 2.00
Officer Director
$0 $0 $0
GREG SANDS SECRETARY 2.00
Officer Director
$0 $0 $0
MOLLY BONAKDARPOUR DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
KRISTINA BUROW DIRECTOR 0.30
Director
$0 $0 $0
BEEZER CLARKSON DIRECTOR 0.30
Director
$0 $0 $0
GAVIN CHRISTENSEN DIRECTOR 0.30
Director
$0 $0 $0
PETER CHUNG DIRECTOR 0.30
Director
$0 $0 $0
DAVID DANIELSON DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
DIANE DAYCH DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
SCOTT DORSEY DIRECTOR 0.30
Director
$0 $0 $0
RYAN DRANT DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
PATRICK ENRIGHT DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
SHAUNTEL GARVEY DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
HILARY GOSHER DIRECTOR 0.30
Director
$0 $0 $0
KIRSTEN GREEN DIRECTOR 0.30
Director
$0 $0 $0
DAVID HALL DIRECTOR 0.30
Director
$0 $0 $0
MAMOON HAMID DIRECTOR 0.30
Director
$0 $0 $0
JACLYN FREEMAN HESTER DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
JEREMY LIEW DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
REBECCA LUCIA DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
JOHN NEIS DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
KIRK NIELSEN DIRECTOR 0.30
Director
$0 $0 $0
NDAMDI OKIKE DIRECTOR 0.30
Director
$0 $0 $0
CARMEN PALAFOX DIRECTOR 0.30
Director
$0 $0 $0
RENATA QUINTINI DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
SCOTT RANEY DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
DANA SETTLE DIRECTOR (TO MAY '23) 0.30
Director
$0 $0 $0
STEVE SOCOLOF DIRECTOR 0.30
Director
$0 $0 $0
ADAM VALKIN DIRECTOR 0.30
Director
$0 $0 $0
DON VIEIRA DIRECTOR 0.30
Director
$0 $0 $0
DAVID WACHTER DIRECTOR (FROM MAY '23) 0.30
Director
$0 $0 $0
NICK WASHBURN DIRECTOR 0.30
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,262,904 $6,990,083 $13,745,529 $2,272,821
2022 $8,555,266 $7,014,298 $11,509,918 $1,540,968
2021 $7,390,938 $5,758,339 $9,339,151 $1,632,599
2020 $6,236,139 $5,870,161 $7,338,828 $365,978
2019 $6,497,693 $5,948,247 $6,331,655 $549,446
2018 $5,684,068 $5,652,562 $5,516,298 $31,506
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