Illinois · Nonprofit
BUNKER LABS NFP INC
BUNKER LABS NFP INC (Illinois) receives grants from 58 organizations whose IRS filings report $16,470,745 to it, the largest being JPMORGAN CHASE FOUNDATION ($4,751,020). 28 of them have funded it in more than one year.
- Revenue FY2023
- $3.2M
- Funders on record
- 58
- Grants received
- $16M
- Net assets
- $3.3M
What Bunker Labs Nfp Inc does
Mission
Bunker Labs provides communities, programs, and courses that help military veterans and military spouses start and grow successful businesses.
As stated on its FY2023 Form 990.
Programs
Ambassador program-the Ambassador Program is a 12-month cohort experience for volunteer leaders who support Bunker Labs programs and impact within their local entrepreneurial ecosystems. The program is designed to empower volunteers to grow as community leaders while meaningfully impacting the lives of veteran and military spouse entrepreneurs. Ambassadors work directly to support their local Veterans in Residence, engage other ecosystem partners, and guide members of their local community to the necessary resources to launch and grow successful ventures. Throughout their cohort experience, Ambassadors attend in-person professional development sessions to gain and share skills and knowledge that support their leadership development and connect their local business ecosystem for the benefit of Bunker Labs entrepreneurs. The cohort of 90 Ambassadors that launched in 2021 came together for their next Fly-In convening on February 23-25 in Chicago. As part of the Bunker Labs Summit in Austin on June 8-10, the organization recognized the outgoing Ambassadors from the 2021-2022 cohort while also welcoming the incoming 2022-2023 Ambassadors cohort, which includes 90 volunteers serving 36…
$697,590 spentof which $681,474 as grants$92,250 earned by the program30% of program spendingOther Programs
$633,653 spentof which $184,927 as grants$587,504 earned by the program27% of program spendingCEOcircle- CEOcircle is a monthly peer accountability group for growth-stage companies looking to scale. Over the course of nine virtual huddles and four in person Fly-In events, CEOs and executives can ask critical questions impacting their businesses today. Together, participants learn from peers and national experts alike how to take their companies to the next level. Additionally, CEOcircle members also gain access to dedicated liaisons and a 10-week advisor program powered by JPMorgan Chase.In November 2021, Bunker Labs launched the 2021-2022 cohort with 41 entrepreneurs participating. During 2022, this cohort gathered for their second Fly-In convening in Dallas, TX on March 13-14, and for their third Fly-In on June 7-8 as part of the Bunker Labs Summit in Austin, TX. In summer 2022, Bunker Labs opened applications for the 2022-2023 cohort of CEOcircle. 2022 entrepreneurs applied for the cohort (an 82% increase from the prior year), and the Bunker selected 80 to participate increasing the cohort size to meet this growing demand. The 2022-2023 cohort of CEOcircle also reflects the diversity of entrepreneurs in the Bunker Labs community 47% of participants are women and/or POC…
$609,173 spentof which $585,414 as grants$615,000 earned by the program26% of program spendingOTHER PROGRAM SERVICES 4: USAA 100 Year Celebration-In 2022, USAA celebrated its 100th anniversary by partnering with Bunker Labs to host a nationwide series of pitch competitions. 42 startups competed in six regional pitch competitions held between March and September 2022, in Austin, Los Angeles, Washington, D.C., Chicago, Seattle, and Charlotte. The series culminated with the final event in San Antonio on November 10, where the winner from each regional event pitched alongside four wildcards selected from the regional events. A total of $280,000 was awarded to regional and final event winners throughout 2022. The events also provided a platform for competitors to connect with USAAs investment team, corporate leaders who could become customers, and outside investors invited to attend. NB: Revenue for this special project was recorded in 2021. OTHER PROGRAM SERVICES 5: Breaking Barriers in Entrepreneurship (BBiE) workshop series- Breaking Barriers in Entrepreneurship is a virtual workshop series that facilitates business growth and support within Asian-American Pacific Islander, Black, Latinx, and female veteran and military spouse communities. The eight-week program is designed…
$396,395 spentof which $379,390 as grants$325,250 earned by the program17% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,336,811.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.5M to $2.7M (−40%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 15%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 14 funders to 18 funders, grant income rose $1.8M → $5.0M.
18 of 58 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BUNKER LABS NFP INC’s funders (the co-funder graph). Top 30 of 58 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BUNKER LABS NFP INC has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BUNKER LABS NFP INC.
Largest funder’s share by year: 2017 69% · 2018 53% · 2019 62% · 2020 48% · 2021 32% · 2022 48% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
35% of BUNKER LABS NFP INC's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
BUNKER LABS NFP INC draws 92% of its grant income from funders outside Illinois, across 18 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.1M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding BUNKER LABS NFP INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $90k on record.
- Small Business Administration$90k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BUNKER LABS NFP INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
62% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BUNKER LABS NFP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BUNKER LABS NFP INC?
- BUNKER LABS NFP INC (Illinois) receives grants from 58 organizations whose IRS filings report $16,470,745 to it, the largest being JPMORGAN CHASE FOUNDATION ($4,751,020). 28 of them have funded it in more than one year.
- How many funders does BUNKER LABS NFP INC have?
- IRS filings report 58 organizations giving $16,470,745 in grants to BUNKER LABS NFP INC, 28 of which have funded it in more than one year.
- Who is the largest funder of BUNKER LABS NFP INC?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $4,751,020 in grants. The full list of funders is on this page.
- How can an organization like BUNKER LABS NFP INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Bunker Labs Nfp →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 58 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing