LEXINGTON, KY
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)NATIONAL VETERAN OWNED BUSINESS ASSOCIATION, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $245K, a strong 23% operating margin.
TO FILL A VOID IN CHARITABLE AND EDUCATIONAL PROGRAMS IN SUPPORT OF THE MILITARY VETERAN'S COMMUNITY BY ENABLING CORPORATE CONTRACTING OPPORTUNITIES FOR AMERICA'S VETERAN'S AND SERVICE-DISABLED VETERAN'S BUSINESS ENTERPRISES (VBES/SDVBES) THROUGH EDUCATION, ADVOCACY, OUTREACH, RECOGNITION AND CERTIFICATION. FURTHERMORE TO PROVIDE A DIRECT LINK FOR CONTRACTING BETWEEN CORPORATE AMERICAN AND VETERAN'S BUSINESS ENTERPRISES AND IN DOING SO, IMPROVE BUSINESS OPPORTUNITIES FOR VBES OF ALL SIZES.
NAVOBA LAUNCHED AN EXCLUSIVE SOURCING TOOL GIVING CORPORATE ALLIES AND CERTIFIED VBES/SDVBE ACCESS TO THE FIRST ACCESSIBLE DATABASE OF CERTIFIED VETERAN-OWNED BUSINESSES. NAVOBA JOINED THE NATIONAL...
NAVOBA LAUNCHED AN EXCLUSIVE SOURCING TOOL GIVING CORPORATE ALLIES AND CERTIFIED VBES/SDVBE ACCESS TO THE FIRST ACCESSIBLE DATABASE OF CERTIFIED VETERAN-OWNED BUSINESSES. NAVOBA JOINED THE NATIONAL BUSINESS INCLUSION CONSORTIUM, JOINING PARTNERS AT THE NATIONAL LGBT CHAMBER OF COMMERCE, DISABILITY;IN, THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL, US BLACK CHAMBER OF COMMERCE, US HISPANIC CHAMBER OF COMMERCE, US PAN ASIAN AMERICAN CHAMBER OF COMMERCE, WECONNECT INTERNAITIONAL, WOMEN IMPACTING PUBLIC POLICY AND THE WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL. NAVOBA'S EXCLUSEVE MARCHING FORWARD MONDAYS PROGRAM IS AN ONGOING SERIES OF VIRTUAL MEETING BETWEEN CERTIFIED VBES/SDVBES AND CORPORATE ALLIES.CERTIFIED VETERAN-OWNED CAMPAIGN HELPS RETAIL CONSUMERS EASILY IDENTIFY PRODUCTS THAT HAVE BEEN PRODUCED AND SUPPLIED BY CERTIFIED VETERAN'S AND SERVICE-DISABLED VETERAN'S BUSINESS ENTERPRISES.WORKED WITH DISABILITY:IN TO STREAMLINE OPPORTUNITIES FOR SDVBE AND SDV-DOBE RECIPROCITY PROGRAM.MANAGED THE EXCLUSIVE STATE TRACKER PROGRAM THAT HAS ASSISTED IN SEEING 35 STATES PASS FAVORABLE LEGISLATION AND/OR PROGRAMS TO CREATE CONTRACTING OPPORTUNITIES WITH STATE GOVERNMENT.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,056,602 | $932,414 | +0.1% |
| Expenses | $812,043 | $703,007 | +0.2% |
| Net Income | $244,559 | $229,407 | +0.1% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HEATHER HERNDON-WRIGHT | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN HALL | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLE WHITMIRE | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WADE WRIGHT | CO-CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICK BURKARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SIMONE RAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LORI SIMMONS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK SANDERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY MINCHILLO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE RAKES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY SHELDON WESLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HARVEY BUTLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SILKA RODRIQUEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHE MCFERRIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSE NIDO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE GUERRA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEDE RAMCHARAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STACI REDMON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BUTLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BLAKE HOGAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGIA MARSH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA ASHE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SCOTT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK FREED | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MISTY STUTSMAN FOX | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW PAVELEK | PRESIDENT & CEO | 40.00 |
Director
|
$126,694 | $30,417 | $157,111 |
| LAXMI LOHM | EXECUTIVE VICE PRESIDENT | 40.00 |
Director
|
$110,464 | $29,175 | $139,639 |
| DAVE SANSAVERA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,056,602 | $812,043 | $1,350,254 | $244,559 |
| 2022 | $932,414 | $703,007 | $1,105,695 | $229,407 |
| 2021 | $734,997 | $522,243 | $900,901 | $212,754 |
| 2020 | $831,872 | $445,170 | $610,384 | $386,702 |
| 2019 | $445,863 | $419,706 | $173,945 | $26,157 |
| 2018 | $467,909 | $427,915 | $147,788 | $39,994 |
Compare NATIONAL VETERAN OWNED BUSINESS ASSOCIATION with other nonprofits in Kentucky and across the country.