National Association of Veteran-serving Organizations

Nonprofit profile at a glance

EIN
463624091
IRS 990 coverage
2016–2020
Forms available
Form 990 2020, Form 990-EZ 2015, Form 990-N 2014
Location
Arlington, VA, USA
Phone
7035947940
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$360,697
Expenses
$361,017
Assets
$18,237
Liabilities
$50,347

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • TIMOTHY A FARRELL (PRESIDENT &)

Highest reported compensation

  • TIMOTHY A FARRELL (PRESIDENT &): $87,500 total reported compensation
  • KELLY F STORMER (COO): $46,593 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The national association of veteran-serving organizations (navso) is a nonprofit organization exclusively focused on transforming the veteran services marketplace to improve the lives of veterans and military families.

What it reported doing in 2020

Educational programs: navso provides educational programs including veteran-serving nonprofit organizational development webinars, navso's covid-19 virtual discussion series, and on-demand/no-fee consulting services for short-duration problem-solving within veteran-serving nonprofit organizations.

Operating model

Revenue model
Donor-supported. 67% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 18
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 77.2%; rating input score 77
  • Fundraising efficiency: $7.23 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 8 of 9 controls in place; rating input score 89
    • 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: Fail

Sustainability

  • Operating margin: -0.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 2.76; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 37.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 77.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $279K in reported program spending
  • Leadership: top reported pay $88K · 6 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 5 filing years from 2016 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.