Skip to content

Kentucky · Nonprofit

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION (Kentucky) receives grants from 4 organizations whose IRS filings report $60,018 to it, the largest being ANHEUSER-BUSCH FOUNDATION ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$1.7M
Funders on record
4
Grants received
$60k
Net assets
$1.6M
0/4 repeat funderspeak grant-dependency 5%
01What it does

What National Veteran Owned Business Association does

Mission

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.

As stated on its FY2024 Form 990.

Program

  1. 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.

    $649,914 spent$82,201 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $649,914.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($152k) Expenses 100 ($44k) Net assets 100 ($108k)2018 Revenue 308 ($468k) Expenses 966 ($428k) Net assets 137 ($148k)2019 Revenue 293 ($446k) Expenses 948 ($420k) Net assets 161 ($174k)2020 Revenue 547 ($832k) Expenses 1005 ($445k) Net assets 520 ($561k)2021 Revenue 483 ($735k) Expenses 1179 ($522k) Net assets 717 ($773k)2022 Revenue 613 ($932k) Expenses 1588 ($703k) Net assets 907 ($978k)2023 Revenue 695 ($1.1M) Expenses 1834 ($812k) Net assets 1134 ($1.2M)2024 Revenue 1114 ($1.7M) Expenses 2872 ($1.3M) Net assets 1527 ($1.6M)
'17'18'19'20'21'22'23'24
Revenue (1114)Expenses (2872)Net assets (1527)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $174k to $610k (+251%).

$108k
$148k
$174k
$610k
$901k
$1.1M
$1.4M
$1.8M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 7%. Grants only. Government contracts and fees sit inside program revenue.

88% of NATIONAL VETERAN OWNED BUSINESS ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$108k
’17
$40k
’18
$26k
’19
$387k
’20
$213k
’21
$229k
’22
$245k
’23
$423k
’24
17
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

Matthew Pavelek

President & CEO

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed20262725272820
Joined·+10+3+4+4+1+8
No longer listed·4262016
03Who funds it

Who funds it, year by year

2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $10k → $50k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 NATIONAL VETERAN OWNED BUSINESS ASSOCIATION’s funders (the co-funder graph). Top 3 of 4 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

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2023 100% — broadly stable.

“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.

Where its funders are

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION draws 100% of its grant income from funders outside Kentucky, across 3 states in all.

MA
MO
DC

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

’19
’23
Kentucky 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

Against its field

NATIONAL VETERAN OWNED BUSINESS ASSOCIATION runs a healthier operating margin than three-quarters of the 11,263 human services nonprofits its size.

Operating margin25% · top quartile
Months of reserve16.7mo · top quartile
Revenue growth (annualized)41% · top quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like NATIONAL VETERAN OWNED BUSINESS ASSOCIATION

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 Kentucky

Nationally

05Profile & governance

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

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

20
board members
90%
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.

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL VETERAN OWNED BUSINESS ASSOCIATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NATIONAL VETERAN OWNED BUSINESS ASSOCIATION?
NATIONAL VETERAN OWNED BUSINESS ASSOCIATION (Kentucky) receives grants from 4 organizations whose IRS filings report $60,018 to it, the largest being ANHEUSER-BUSCH FOUNDATION ($50,000). 0 of them have funded it in more than one year.
How many funders does NATIONAL VETERAN OWNED BUSINESS ASSOCIATION have?
IRS filings report 4 organizations giving $60,018 in grants to NATIONAL VETERAN OWNED BUSINESS ASSOCIATION.
Who is the largest funder of NATIONAL VETERAN OWNED BUSINESS ASSOCIATION?
ANHEUSER-BUSCH FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL VETERAN OWNED BUSINESS ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. 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 National Veteran Owned Business Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 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