Skip to content

Virginia · Nonprofit

SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS

SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS (Virginia) receives grants from 1 organization whose IRS filings report $30,000 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($30,000). 0 of them have funded it in more than one year.

Revenue FY2024
$546k
Funders on record
1
Grants received
$30k
Net assets
$287k
0/1 repeat funderspeak grant-dependency 7%
01What it does

What Small Business Development Center of Hampton Roads does

Mission

To foster small business success and grow the region's economy.

As stated on its FY2024 Form 990.

Program

  1. Coordinating and encouraging the development of small businesses in the hampton roads area.

The program described on its FY2024 Form 990.

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.

100 = 20172017 Revenue 100 ($469k) Expenses 100 ($468k) Net assets 100 ($178k)2018 Revenue 104 ($489k) Expenses 92 ($432k) Net assets 132 ($234k)2019 Revenue 87 ($408k) Expenses 87 ($405k) Net assets 133 ($237k)2020 Revenue 138 ($647k) Expenses 128 ($599k) Net assets 160 ($285k)2021 Revenue 124 ($581k) Expenses 130 ($608k) Net assets 145 ($257k)2022 Revenue 99 ($463k) Expenses 101 ($473k) Net assets 139 ($248k)2023 Revenue 93 ($438k) Expenses 88 ($414k) Net assets 153 ($272k)2024 Revenue 116 ($546k) Expenses 113 ($531k) Net assets 161 ($287k)
'17'18'19'20'21'22'23'24
Revenue (116)Expenses (113)Net assets (161)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $305k to $355k (+16%).

$217k
$244k
$253k
$293k
$264k
$261k
$305k
$355k
'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: 2017 61% · 2018 55% · 2019 66% · 2020 92% · 2021 100% · 2022 100% · 2023 100% · 2024 99%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$1k
’17
$56k
’18
$2k
’19
$48k
’20
−$27k
’21
−$10k
’22
$24k
’23
$15k
’24
0.8
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.

Board chair

Pratik Kothari

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed12109991077
Joined·+2+1+0+1+2+2+1
No longer listed·4201151
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
total
funders
1

Left out of every figure on this page: $40k from one payer (the payer shares this organization's board, largest Hampton Roads Chamber Foundation). These are real filings, and they are not money SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS raised.

From the IRS filings of SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS’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

SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS draws 100% of its grant income from funders outside Virginia, across 1 state in all.

NY

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

Organizations like SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS

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 Virginia

Nationally

05Profile & governance

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

Governance

7
board members
71%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 1 related entity

  • Hampton Roads Chamber of Commerce · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS: 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 SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS?
SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS (Virginia) receives grants from 1 organization whose IRS filings report $30,000 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($30,000). 0 of them have funded it in more than one year.
How many funders does SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS have?
IRS filings report 1 organization giving $30,000 in grants to SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS.
Who is the largest funder of SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS?
LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like SMALL BUSINESS DEVELOPMENT CENTER OF HAMPTON ROADS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Small Business Development Center of Hampton Roads →

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 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