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
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

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.

Program Service Accomplishments

Program 1

ADVOCACY & INDUSTRY INITIATIVES: NVCA WORKS WITH POLICYMAKERS, THE MEDIA, AND ORGANIZATIONS NATIONWIDE TO FOSTER AN UNDERSTANDING OF THE THE OUTSIZED IMPACT VENTURE CAPITAL INVESTORS AND THE...

Read more

ADVOCACY & INDUSTRY INITIATIVES: NVCA WORKS WITH POLICYMAKERS, THE MEDIA, AND ORGANIZATIONS NATIONWIDE TO FOSTER AN UNDERSTANDING OF THE THE OUTSIZED IMPACT VENTURE CAPITAL INVESTORS AND THE ENTREPRENEURS THEY SUPPORT HAVE ON THE ECONOMY, JOB CREATION, AND INNOVATION. NVCA'S POLICY PRIORITIES INCLUDE: TAX REFORM THAT ENCOURAGES NEW COMPANY FORMATION; LESSEN THE REGULATORY BURDEN ON VCS AND STARTUPS; IMMIGRATION POLICY THAT ATTRACTS AND RETAINS IMMIGRANT ENTREPRENEURS; TECHNOLOGY POLICY THAT SUPPORTS STARTUPS AND DISRUPTION; SUPPORT INVESTMENT INTO HEALTHCARE COMPANIES THAT IMPROVE LIVES; FACILITATE TECHNOLOGY TRANSFER AND INCREASE BASIC RESEARCH FUNDING; AND ADVOCACY FOR REFORMS TO ENCOURAGE MORE VENTURE-BACKED COMPANIES TO GO PUBLIC. IN ADDITION TO ITS PUBLIC POLICY PRIORITIES, NVCA SPEARHEADS A NUMBER OF CAMPAIGNS TO PROMOTE THE IMPORTANT ROLE OF VENTURE CAPITAL IN SUPPORTING ENTREPRENEURSHIP AND INNOVATION AND LEADS INDUSTRY INITIATIVES TO CREATE A MORE OPEN AND INCLUSIVE ECOSYSTEM.

Program 2

COMMUNITY & EDUCATION: NVCA MEMBERS ENGAGE WITH THEIR PEERS THROUGH EVENTS, PROFESSIONAL DEVELOPMENT, CONTINUING EDUCATION, AND PEER GROUPS. MEMBERS RECEIVE COMPLIMENTARY OR DISCOUNTED ACCESS TO OUR...

Read more

COMMUNITY & EDUCATION: NVCA MEMBERS ENGAGE WITH THEIR PEERS THROUGH EVENTS, PROFESSIONAL DEVELOPMENT, CONTINUING EDUCATION, AND PEER GROUPS. MEMBERS RECEIVE COMPLIMENTARY OR DISCOUNTED ACCESS TO OUR PREMIER ANNUAL EVENTS AND CONFERENCES, REGIONAL DINNERS AND NETWORKING EVENTS, AND WORKSHOPS ACROSS THE COUNTRY. THROUGH PEER GROUPS, NVCA MEMBERS ARE INVITED TO TACKLE CRITICAL ISSUES FACING THE INDUSTRY, LEAD ON INDUSTRY INITIATIVES, AND ACCESS PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. TO FURTHER THEIR CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT, NVCA OFFERS ITS MEMBERS A FULL SUITE OF DIGITAL EDUCATION TOOLS AND IN-PERSON WORKSHOPS AND EVENTS THROUGHOUT THE YEAR.

Program 3

RESEARCH: NVCA'S RESEARCH FOCUSES ON SHARING DATA, PROVIDING INSIGHTS INTO INDUSTRY TRENDS, AND QUANTIFYING THE SIZE AND IMPACT OF THE ENTREPRENEURIAL ECOSYSTEM. NVCA COLLECTS, ANALYZES AND PUBLISHES...

Read more

RESEARCH: NVCA'S RESEARCH FOCUSES ON SHARING DATA, PROVIDING INSIGHTS INTO INDUSTRY TRENDS, AND QUANTIFYING THE SIZE AND IMPACT OF THE ENTREPRENEURIAL ECOSYSTEM. NVCA COLLECTS, ANALYZES AND PUBLISHES DATA AND RESEARCH ON VENTURE CAPITAL ACTIVITY. PITCHBOOK IS THE OFFICIALDATA PROVIDER OF NVCA AND THROUGH THAT PARTNERSHIP, NVCA PRODUCES THE QUARTERLY PITCHBOOK-NVCA VENTURE MONITOR, THE DEFINITIVE QUARTERLY REVIEW OF THE U.S. VENTURE CAPITAL ECOSYSTEM AND TRENDS. IN ADDITION, NVCA USES PITCHBOOK DATA TO PRODUCE THE NVCA YEARBOOK, AN ANNUAL COMPREHENSIVE ANALYSIS OF U.S. VENTURE CAPITAL INDUSTRY STATISTICS AND REVIEW OF NVCA ACTIVITIES FROM THE PAST YEAR.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

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
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NATIONAL VENTURE CAPITAL ASSOCIATION with other nonprofits in District of Columbia and across the country.