Bvvc Inc

Nonprofit profile at a glance

EIN
923513839
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Burr Ridge, IL, USA
Phone
6503886332
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Small Business Development

Reported finances

Revenue
$81,500
Expenses
$194,710
Assets
$40,785
Liabilities
$70,140

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOE MUSSELMAN (PRESIDENT (CHAIRMAN))

People named in this filing

  • JOE MUSSELMAN (PRESIDENT (CHAIRMAN))
  • ROB NEWSON (VICE CHAIR)
  • DAN RYAN (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bv schoolhouse, a 501(c)(3) nonprofit public charity, is committed to supporting mission-driven founders aiming to accelerate the growth of their startups. We offer a specialized seven-week curriculum focused on the development and launch of dual-use frontier technologies that are vital to the national and economic security of the united states and its allies.

What it reported doing in 2024

Launch event: bvvc inc assembled a 250 person event in tampa, Florida, focused on supporting mission first founders building in the direction of national security by hosting an evening with capital, customers, and community. This event featured leadership keynote admiral william mcraven and several founder-education focused sessions and networking opportunities. Bvvc inc secured key vendors, speakers, guests, and event programming for this event.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.2%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -138.9%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 1.72; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 27.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 134.5% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: -59.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -69.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $189K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.