Civic Intelligence

National Veteran Business Development Council

990 • Fiscal year 2014 • EIN 46-2033413

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 10, 2015

325 East Crescent LaneDetroit, MI 48207

(313) 871-4030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

94th percentile

58%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$47,560

No earlier filing loaded for comparison.

Net Assets

$47,560

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$67,940

No earlier filing loaded for comparison.

Expenses

$28,711

No earlier filing loaded for comparison.

Net Income

$39,229

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2014: $47,560Liabilities 2014: $0Net Assets 2014: $47,5602014Assets 2015: $35,788Liabilities 2015: $0Net Assets 2015: $35,7882015Assets 2016: $29,675Liabilities 2016: $0Net Assets 2016: $29,6752016Assets 2017: $125,971Liabilities 2017: $0Net Assets 2017: $125,9712017Assets 2019: $313,386Liabilities 2019: $0Net Assets 2019: $313,3862019Assets 2020: $366,206Liabilities 2020: $40,915Net Assets 2020: $325,2912020Assets 2021: $319,952Liabilities 2021: $0Net Assets 2021: $319,9522021Assets 2022: $457,409Liabilities 2022: $47,307Net Assets 2022: $410,1022022Assets 2023: $378,098Liabilities 2023: $0Net Assets 2023: $378,0982023Assets 2024: $726,048Liabilities 2024: $0Net Assets 2024: $726,0482024

Highlighted filing

2014

Assets$47,560
Liabilities$0
Net Assets$47,560

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $67,940Expenses 2014: $28,711Net Income 2014: $39,2292014Revenue 2015: $167,891Expenses 2015: $179,963Net Income 2015: -$12,0722015Revenue 2016: $230,606Expenses 2016: $240,215Net Income 2016: -$9,6092016Revenue 2017: $466,722Expenses 2017: $370,426Net Income 2017: $96,2962017Revenue 2019: $952,586Expenses 2019: $924,220Net Income 2019: $28,3662019Revenue 2020: $1,221,942Expenses 2020: $1,202,726Net Income 2020: $19,2162020Revenue 2021: $1,668,818Expenses 2021: $1,676,039Net Income 2021: -$7,2212021Revenue 2022: $1,645,249Expenses 2022: $1,537,329Net Income 2022: $107,9202022Revenue 2023: $1,955,493Expenses 2023: $2,036,145Net Income 2023: -$80,6522023Revenue 2024: $2,035,568Expenses 2024: $1,687,235Net Income 2024: $348,3332024

Highlighted filing

2014

Revenue$67,940
Expenses$28,711
Net Income$39,229
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 10, 2015
Return Version
2014v5.0
Gross Receipts
$67,940
Mission and Program Overview

Mission

The national veteran business development council (nvbdc) was being created to achieve the following missions: 1. Certify veteran owned businesses (vobs) and service disabled veteran owned businesses (sdvobs) that wish to do business with american companies.

The national veteran business development council (nvbdc)is being created to achieve the following missions: 1. Certify veteran owned businesses (vob's) and service disabled veteran owned businesses (sdvob's) that wish to do business with american companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,831$47,560▲ $37,729
Rtn Earn Endowment Incm Other Fnds$8,331$47,560▲ $39,229
Total Assets$9,831$47,560▲ $37,729
Liabilities
Accounts Payable and Accrued Expenses$1,500--
Total Liabilities$1,500$0▼ $1,500
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,331$47,560▲ $39,229
Total Liabilities and Net Assets / Fund Balance$9,831$47,560▲ $37,729
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keith KingPresident and CEO
Richard Miller1st Vice President
Bruce MacdonaldDirector
Sid E TaylorDirector
Tony BrownDirector
Jack G DevineSecretary
Charles R BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$67,940
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$39,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,711
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$5,031$7,223-$12,254
All Other Expenses$1,743$1,378-$3,121
Fees for Services Other$1,788$1,193-$2,981
Information Technology$2,318$579-$2,897
Other Expenses$1,878$331-$2,209
Insurance$694$1,041-$1,735
Travel$868$217-$1,085
Advertising$433$289-$722
Interest$202$135-$337
Office Expenses$150$150-$300
Total Functional Expenses$15,422$13,289$0$28,711
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization does not have members or stockholders.

Member election for additional members Part VI line 7A

The organization has a committee that recommend individuals to the board of directors. At the monthly board of directors meeting. The board of directors vote on the acceptance of all individual(s) to be on the governing board.

Governing body decisions Part VI line 7B

All decisions are made by the organization board of directors.

Form 990 governing body review Part VI line 11

The organization review the 990 after it is completed and issued to the governing board. The governing board reviews the 990 with their comments if any that are noted in the organization minutes.

Conflict of interest policy compliance Part VI line 12C

All officers and directors are required to report annually any conflict of interest to the board.

CEO executive director top management comp Part VI line 15A

The organization uses comparability data and deliberations by a committee that report its findings to the board of directors at the monthly board meeting. The board of directors vote on the salaries of top management officials.

Other officer or key employee compensation Part VI line 15B

The salary of other officers and key employees of the organization are budgeted by a salary committee that establish a salary guideline in the organizations annual budget.

Governing documents etc available to public Part VI line 19

Copy of the organizations 990 is made avaiiable to the public during the year upon request in writing. The individual or business or government organization that are requesting a copy of the organization conflict of interest policy and financial statements are recorded in the organizations minutes. The organizations governing documents are available upon written request. The financial statements of the organization are available by going on line to the irs website and pulling the organization 990 tax return(s) under the freedom of information act. All other information the organization will provide.

Filing and Contact Details

Filer

Filer Name
National Veteran Business Development Council
EIN
46-2033413
Address
325 EAST CRESCENT LANE, DETROIT, MI 48207
Doing Business As
Nvbdc

Signing Officer

Name
Keith King
Title
President
Phone
3134466885
Signed
2015-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith King
Formed
2013
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
12

Preparer

Firm
Charles R Brown Co Pc CPA
Address
2990 WEST GRAND BLVD STE 201, DETROIT, MI 48202
Preparer
Charlesrbrown Co Pc CPA Cfe Fcpa
Phone
3138714030
Supplemental Narrative

Additional Explanations

Not undergone required audits or steps for audit part XII line 3B

Continueda national board will be formed of senior corporate officers and owners of national vob's and sdvob's companies. Initially an executive director, a first vice president, a treasurer and a secretary. A national certification manager, a certification executive, an events manager and supporting staff will be hired. Initially, certitication will follow the wbenc and nmsdc process while internal capability is developed. The nvbdc will assist in the planning and organization of national match making events and will further continue its advocacy role with companies in the united states.

Significant program services not listed on prior year return Part III line 2

1. Certify veteran owned businesses (vob's) and disabled veteran owned businesses (sdvob's) that wish to do business with american companies that have established objectives for vob's and sdvob's as a component of their diversified supplier initiatives. 2. Advocates on behalf of vob's and sdvob's with corporations nationwide at the federal and state levels.

List of other fees for services expenses Part IX line 11G

PLEASE REFER TO THE OVERFLOW STATEMENT PAGE ATTACHED TO THE 990 TAX RETURN. PART IX QUESTION 11g. COLUMN (A) TOTAL EXPENSES, COLUMN (B) TOTAL PROGRAM SERVICE EXPENSES AND COLUMN (C) TOTAL MANAGEMENT AND GENERAL EXPENSES.

List of other expenses Part IX line 24E

PLEASE REFER TO THE OVERFLOW STATEMENT PAGE ATTACHED TO THIS TAX RETURN. FOR PART IX QUESTION 24e ALL OTHER EXPENSES. COLUMN (A) TOTAL EXPENSES, COLUMN (B) TOTAL PROGRAM SERVICE EXPENSES AND COLUMN (C) TOTAL MANAGEMENT AND GENERAL EXPENSES.

Raw XML Appendix370 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt078240
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE MEMBERS OR STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A COMMITTEE THAT RECOMMEND INDIVIDUALS TO THE BOARD OF DIRECTORS. AT THE MONTHLY BOARD OF DIRECTORS MEETING. THE BOARD OF DIRECTORS VOTE ON THE ACCEPTANCE OF ALL INDIVIDUAL(S) TO BE ON THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DECISIONS ARE MADE BY THE ORGANIZATION BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEW THE 990 AFTER IT IS COMPLETED AND ISSUED TO THE GOVERNING BOARD. THE GOVERNING BOARD REVIEWS THE 990 WITH THEIR COMMENTS IF ANY THAT ARE NOTED IN THE ORGANIZATION MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OFFICERS AND DIRECTORS ARE REQUIRED TO REPORT ANNUALLY ANY CONFLICT OF INTEREST TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION USES COMPARABILITY DATA AND DELIBERATIONS BY A COMMITTEE THAT REPORT ITS FINDINGS TO THE BOARD OF DIRECTORS AT THE MONTHLY BOARD MEETING. THE BOARD OF DIRECTORS VOTE ON THE SALARIES OF TOP MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE SALARY OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE BUDGETED BY A SALARY COMMITTEE THAT ESTABLISH A SALARY GUIDELINE IN THE ORGANIZATIONS ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COPY OF THE ORGANIZATIONS 990 IS MADE AVAIIABLE TO THE PUBLIC DURING THE YEAR UPON REQUEST IN WRITING. THE INDIVIDUAL OR BUSINESS OR GOVERNMENT ORGANIZATION THAT ARE REQUESTING A COPY OF THE ORGANIZATION CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE RECORDED IN THE ORGANIZATIONS MINUTES. THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE BY GOING ON LINE TO THE IRS WEBSITE AND PULLING THE ORGANIZATION 990 TAX RETURN(S) UNDER THE FREEDOM OF INFORMATION ACT. ALL OTHER INFORMATION THE ORGANIZATION WILL PROVIDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTINUEDA NATIONAL BOARD WILL BE FORMED OF SENIOR CORPORATE OFFICERS AND OWNERS OF NATIONAL VOB'S AND SDVOB'S COMPANIES. INITIALLY AN EXECUTIVE DIRECTOR, A FIRST VICE PRESIDENT, A TREASURER AND A SECRETARY. A NATIONAL CERTIFICATION MANAGER, A CERTIFICATION EXECUTIVE, AN EVENTS MANAGER AND SUPPORTING STAFF WILL BE HIRED. INITIALLY, CERTITICATION WILL FOLLOW THE WBENC AND NMSDC PROCESS WHILE INTERNAL CAPABILITY IS DEVELOPED. THE NVBDC WILL ASSIST IN THE PLANNING AND ORGANIZATION OF NATIONAL MATCH MAKING EVENTS AND WILL FURTHER CONTINUE ITS ADVOCACY ROLE WITH COMPANIES IN THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt91. CERTIFY VETERAN OWNED BUSINESSES (VOB'S) AND DISABLED VETERAN OWNED BUSINESSES (SDVOB'S) THAT WISH TO DO BUSINESS WITH AMERICAN COMPANIES THAT HAVE ESTABLISHED OBJECTIVES FOR VOB'S AND SDVOB'S AS A COMPONENT OF THEIR DIVERSIFIED SUPPLIER INITIATIVES. 2. ADVOCATES ON BEHALF OF VOB'S AND SDVOB'S WITH CORPORATIONS NATIONWIDE AT THE FEDERAL AND STATE LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PLEASE REFER TO THE OVERFLOW STATEMENT PAGE ATTACHED TO THE 990 TAX RETURN. PART IX QUESTION 11g. COLUMN (A) TOTAL EXPENSES, COLUMN (B) TOTAL PROGRAM SERVICE EXPENSES AND COLUMN (C) TOTAL MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PLEASE REFER TO THE OVERFLOW STATEMENT PAGE ATTACHED TO THIS TAX RETURN. FOR PART IX QUESTION 24e ALL OTHER EXPENSES. COLUMN (A) TOTAL EXPENSES, COLUMN (B) TOTAL PROGRAM SERVICE EXPENSES AND COLUMN (C) TOTAL MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Not undergone required audits or steps for audit part XII line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11List of other expenses Part IX line 24e
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013289
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015422
IRS990/TotalFunctionalExpensesGrp/TotalAmt028711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01500
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt047560
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt015422
IRS990/TotalProgramServiceRevenueAmt067940
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt067940
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt067940
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09831
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt047560
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0217
IRS990/TravelGrp/ProgramServicesAmt0868
IRS990/TravelGrp/TotalAmt01085
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0WWW.NVBDC.ORG
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03134466885
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL VETERAN BUSINESS DEVELOPMENT COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0462033413
ReturnHeader/Filer/USAddress/AddressLine1Txt0325 EAST CRESCENT LANE
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048207
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382936248
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHARLES R BROWN CO PC CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02990 WEST GRAND BLVD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DETROIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048202
ReturnHeader/PreparerPersonGrp/PhoneNum03138714030
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLESRBROWN CO PC CPA CFE FCPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-10-07T13:08:37-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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