MINORITY VETERANS OF AMERICA

EIN: 823767850 501(c)(3) Public & Societal Benefit

TUKWILA, WA

Total Revenue
$2,116,720
Total Expenses
$765,152
Total Assets
$1,526,786
Net Assets
$1,471,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WA
Principal Officer
LINDSAY CHURCH
Phone
2066599401
Tax Period
2024-01-01 to 2024-12-31

MINORITY VETERANS OF AMERICA, founded in 2017, is a community nonprofit in the Public & Societal Benefit sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 345% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 64% operating margin.

Mission

THE MISSION OF MINORITY VETERANS OF AMERICA (MVA) IS TO CREATE BELONGING AND ADVANCE EQUITY FOR MINORITY VETERANS.

Program Service Accomplishments

Program 1
Expenses: $296,821

IN 2024, MVA ACQUIRED, RENOVATED, AND PREPARED A RESIDENTIAL PROPERTY IN SEATTLE, WA TO OPERATE AS TRANSITIONAL HOUSING FOR LGBTQ+ SERVICE MEMBERS AND VETERANS EXPERIENCING HOMELESSNESS AND HOUSING...

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IN 2024, MVA ACQUIRED, RENOVATED, AND PREPARED A RESIDENTIAL PROPERTY IN SEATTLE, WA TO OPERATE AS TRANSITIONAL HOUSING FOR LGBTQ+ SERVICE MEMBERS AND VETERANS EXPERIENCING HOMELESSNESS AND HOUSING INSECURITY. THE PROGRAM BEGAN SERVING PARTICIPANTS IN OCTOBER 2024.

Program 2
Expenses: $177,175

LAUNCHED JULY 1, 2024, THE COMMUNITY CENTER PROVIDES MINORITY VETERANS, SERVICE MEMBERS, AND THEIR FAMILIES WITH ACCESS TO RESOURCES, TECHNOLOGY, RESERVABLE WORKSPACES, EDUCATIONAL WORKSHOPS, AND...

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LAUNCHED JULY 1, 2024, THE COMMUNITY CENTER PROVIDES MINORITY VETERANS, SERVICE MEMBERS, AND THEIR FAMILIES WITH ACCESS TO RESOURCES, TECHNOLOGY, RESERVABLE WORKSPACES, EDUCATIONAL WORKSHOPS, AND COMMUNITY PROGRAMMING.

Program 3
Expenses: $119,843

PEOPLE TO PEOPLE (P2P) ENGAGES MEMBERS THROUGH COMMUNITY-BASED PROGRAMMING. PROVIDES HUMAN-CENTERED CASE MANAGEMENT SERVICES FOR MINORITY AND UNDERREPRESENTED VETERAN COMMUNITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,115,050
Program Service Revenue $1,501
Investment Income $169
Other Revenue $0
TOTAL REVENUE $2,116,720

Expense Breakdown

Grants Paid $7,253
Salaries & Benefits $358,032
Fundraising Expenses $0
Program Expenses $671,513
Other Expenses $399,867
TOTAL EXPENSES $765,152

Year-over-Year Comparison

2024 2023 Change
Revenue $2,116,720 $475,986 +3.4%
Expenses $765,152 $462,798 +0.7%
Net Income $1,351,568 $13,188 +101.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
50

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
5
$107,183
Total Directors
10
$107,183
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA BRYANT CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT JENSEN VICE-CHAIR 2.00
Officer Director
$0 $0 $0
MELISSA BOATWRIGHT TREASURER 2.00
Officer Director
$0 $0 $0
ALEX HORTON SECRETARY 2.00
Officer Director
$0 $0 $0
VEDIA BARNETT DIRECTOR 2.00
Director
$0 $0 $0
QUOHNOS MITCHELL DIRECTOR 5.00
Director
$0 $0 $0
DOTTIE GUY DIRECTOR 2.00
Director
$0 $0 $0
TABITHA BARTLEY DIRECTOR 2.00
Director
$0 $0 $0
ELLA NUNLEY-SPAIGHTS DIRECTOR 2.00
Director
$0 $0 $0
LINDSAY CHURCH EXECUTIVE DIRECTOR 40.00
Officer Director
$107,183 $0 $107,183
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 $2,116,720 $765,152 $1,526,786 $1,351,568
2024 $2,116,720 $765,152 $1,526,786 $1,351,568
2023 $475,986 $462,798 $120,291 $13,188
2022 $428,062 $485,641 $106,924 $-57,579
2021 $465,971 $556,180 $164,502 $-90,209
2020 $513,211 $324,703 $254,711 $188,508
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