Iraq and Afghanistan Veterans of America Inc

Nonprofit profile at a glance

EIN
201664531
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2129829699
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$2,565,640
Expenses
$2,512,042
Assets
$2,593,141
Liabilities
$53,811

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

Leadership & pay

21 people listed

Executive titles in this filing

  • ALLISON HICKS JASLOW (CHIEF EXECUTIVE OFFICER (CEO))

Highest reported compensation

  • ALLISON HICKS JASLOW (CHIEF EXECUTIVE OFFICER (CEO)): $228,490 total reported compensation
  • KRISTEN L ROUSE (MANAGING DIRECTOR): $138,328 total reported compensation

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

Overview

Mission

We are the leading voice of the post-9/11 generation of veterans, and we believe the dynamic men and women of our community represent america's future, our next greatest generation. (continued on schedule o)they are our true north, and iava's work is designed to elevate them, shed light on their concerns, center their stories, and foster their leadership. Iava increases awareness in the media, on capitol hill, and among the public, leading the charge to change the landscape for veterans today. We represent the more than 3.5 million veterans who have served since 9/11. At a time when our veterans continue to lead and set an example of what it means to serve, we must ensure their leadership is seen, heard, and felt by those who are desperately seeking more from their leaders.

What it reported doing in 2024

Iava provided membership engagement and services by delivering in-person and online programs to build community, transition assistance and leadership development for veterans and their families. Quick reaction force (qrf) is iava's signature case management and referral services program, helping veterans and family members access resources and navigate transition issues related to financial need, legal aid, housing and homelessness, education, employment, mental health, disability claims, and more. During 2024 qrf continued to offer our impressive suite of free to use services, while better controlling costs, and focusing on empowering the community to find the resources they need quickly and effectively. (continued on schedule o)our on going 24/7 peer support is a best in class lifeline for veterans to connect quickly and digitally with a peer no matter the time of day and no matter the challenges that they face. 2024 was a milestone year for this program: we provided increased specialized transition assistance to veterans and our total number of veterans served surpassed 22,000 lifetime, this year alone helping over 5,700 clients in need. Qrf clients represent all branches of service and live across the united states and internationally.

Operating model

Revenue model
Donor-supported. 96% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 42
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.4%; rating input score 84
  • Program expense ratio: 85.5%; rating input score 86
  • Fundraising efficiency: $17.12 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.1%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 14.6%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -10.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 84.4% of revenue deployed · 85.5% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $228K · 21 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $900K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.