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New York · Nonprofit

MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC

MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC (New York) receives grants from 1 organization whose IRS filings report $167,112 to it, the largest being The Arsenal Business & Technology Partnership LTD ($167,112). 1 of them have funded it in more than one year.

Revenue FY2025
$532k
Funders on record
1
Grants received
$167k
Net assets
$263k
1/1 repeat funderspeak grant-dependency 50%
01What it does

What Michael R McNulty Center for Veteran Entreprenuerial Activity Inc does

Mission

The organization was formed to provide entrepreneurial training, counseling and network connections to veterans, transitioning service members and their spouses. The organization leverages emerging technologies to harness and strenghten the veteran business ecosystem providing services both virtually and in-person.

As stated on its FY2025 Form 990.

Program

  1. Provide entrepreneurial training, counseling and network connections to veterans, transitioning service members and thier spouses.

    $438,775 spent$531,759 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $438,775.

02The organization over time

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.

100 = 20202020 Revenue 100 ($30k) Expenses 100 ($11k) Net assets 100 ($19k)2021 Revenue 1339 ($404k) Expenses 2114 ($236k) Net assets 983 ($187k)2022 Revenue 1390 ($419k) Expenses 3466 ($387k) Net assets 1152 ($219k)2023 Revenue 1424 ($429k) Expenses 3395 ($379k) Net assets 1417 ($269k)2024 Revenue 1793 ($541k) Expenses 4734 ($529k) Net assets 1480 ($281k)2025 Revenue 1764 ($532k) Expenses 4922 ($550k) Net assets 1387 ($263k)
202020212022202320242025
Revenue (1764)Expenses (4922)Net assets (1387)

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 $19k to $201k (+959%).

$19k
$201k
$236k
$284k
$311k
$294k
202020212022202320242025
Total assetsTotal liabilities

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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 52% · 2022 81% · 2023 79% · 2024 81% · 2025 83%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$19k
’20
$168k
’21
$32k
’22
$50k
’23
$12k
’24
−$18k
’25
3.2
months of
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.

Chief executive

Katherine Caruso

Executive director

As listed on its FY2025 Form 990.

20212022202320242025
Listed1212121211
Joined·+0+1+0+3
No longer listed·0104
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income rose $15k → $137k.

Funder
'19
'20
'21
total
funders
1
1
1

From the IRS filings of MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC’s funders (the co-funder graph). 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.

Where its funders are

100% of MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’19
’20
’21
New York out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Government funding MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.2M on record.

Federal$2.2M
grants $2.2Mcontracts $0
20
21
22
23
24
25
Top agencies
  • Small Business Administration$2.2M

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 MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY 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 New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 18%Fundraising 2%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY 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.

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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 MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC?
MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC (New York) receives grants from 1 organization whose IRS filings report $167,112 to it, the largest being The Arsenal Business & Technology Partnership LTD ($167,112). 1 of them have funded it in more than one year.
How many funders does MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC have?
IRS filings report 1 organization giving $167,112 in grants to MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC, 1 of which have funded it in more than one year.
Who is the largest funder of MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC?
The Arsenal Business & Technology Partnership LTD is the largest funder on record, with $167,112 in grants. The full list of funders is on this page.
How can an organization like MICHAEL R MCNULTY CENTER FOR VETERAN ENTREPRENUERIAL ACTIVITY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Michael R McNulty Center for Veteran Entreprenuerial Activity →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 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