NATIONAL VETERAN OWNED BUSINESS ASSOCIATION (EIN 813882002) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

MATTHEW PAVELEK

Phone

7243628622

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

CERTIFICATION OF VETERAN BUSINESS ENTERPRISES AND SERVICE DISABLED VETERAN BUSINESS ENTERPRISES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $956,109

Program Service Revenue $82,201

Investment Income $18,292

Other Revenue $0

TOTAL REVENUE $1,056,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $331,237

Fundraising Expenses $0

Program Expenses $649,914

Other Expenses $480,806

TOTAL EXPENSES $812,043

Year-over-Year Comparison

	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%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$296,750

Key Employees

Highest Compensated

reported

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

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	$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

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION