Civic Intelligence

Veloz

EIN 82-0908936 • 501(c)3 • Sacramento, CA

Profile

Veloz is a unique public-private nonprofit driving toward 100% zero-emission vehicles through strategic communications, unprecedented collaborations and purposeful convening.

400 Capitol Mall 900Sacramento, CA 95814

www.veloz.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.07x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

45th percentile

0.06x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

30th percentile

-3.9%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-7.8%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

6.8%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$10,787,528

Up $6,532,127 (+154%) from 2024

Liabilities

Up

$6,529,438

Up $6,023,424 (+1190%) from 2024

Net Assets

Up

$4,258,090

Up $508,703 (+14%) from 2024

Operations
Liabilities / Revenue45th percentileNet Margin30th percentile

Revenue

Up

$5,900,658

Up $3,686,277 (+166%) from 2024

Expenses

Up

$5,391,955

Up $3,621,120 (+204%) from 2024

Net Income

Up

$508,703

Up $65,157 (+15%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2020: $2,722,537Liabilities 2020: $454,322Net Assets 2020: $2,268,2152020Assets 2021: $3,511,641Liabilities 2021: $1,618,309Net Assets 2021: $1,893,3322021Assets 2022: $3,838,005Liabilities 2022: $368,073Net Assets 2022: $3,469,9322022Assets 2023: $3,540,530Liabilities 2023: $234,689Net Assets 2023: $3,305,8412023Assets 2024: $4,255,401Liabilities 2024: $506,014Net Assets 2024: $3,749,3872024Assets 2025: $10,787,528Liabilities 2025: $6,529,438Net Assets 2025: $4,258,0902025

Highlighted filing

2025

Assets$10,787,528
Liabilities$6,529,438
Net Assets$4,258,090
Open 2025 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $2,142,760Expenses 2020: $882,589Net Income 2020: $1,260,1712020Revenue 2021: $3,060,074Expenses 2021: $3,400,207Net Income 2021: -$340,1332021Revenue 2022: $3,963,157Expenses 2022: $2,386,557Net Income 2022: $1,576,6002022Revenue 2023: $4,230,811Expenses 2023: $4,394,902Net Income 2023: -$164,0912023Revenue 2024: $2,214,381Expenses 2024: $1,770,835Net Income 2024: $443,5462024Revenue 2025: $5,900,658Expenses 2025: $5,391,955Net Income 2025: $508,7032025

Highlighted filing

2025

Revenue$5,900,658
Expenses$5,391,955
Net Income$508,703
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,787,528
Liabilities
$6,529,438
Net assets
$4,258,090
Revenue
$5,900,658
Expenses
$5,391,955
Net income
$508,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.8$6.53$4.26$5.90$5.39$0.51
2024Detailed filing. Detailed filing data is available for this year.$4.26$0.51$3.75$2.21$1.77$0.44
2023Detailed filing. Detailed filing data is available for this year.$3.54$0.23$3.31$4.23$4.39$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.84$0.37$3.47$3.96$2.39$1.58
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$1.62$1.89$3.06$3.40$0.34
2020Detailed filing. Detailed filing data is available for this year.$2.72$0.45$2.27$2.14$0.88$1.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.5
Gross Receipts
$5,900,658
Mission and Program Overview

Mission

Veloz engages its powerhouse of members, public-private partnerships, programs, policy engagement and public awareness campaigns to overcome barriers to electrification and create a virtuous cycle of desire and demand, with more affordable makes and models and refueling stations. Veloz aims to make electric for all a reality.

Veloz is a nonpartisan nonprofit organization that makes electric vehicles for all a reality through its programs to increase public education of ev benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,083,048$7,192,503▲ $6,109,455
Cash and Non-Interest-Bearing Accounts$2,888,445$3,507,775▲ $619,330
Pledges and Grants Receivable-$75,000-
Accounts Receivable$279,858$8,200▼ $271,658
Total Assets$4,255,401$10,787,528▲ $6,532,127
Other Assets Total$4,050$4,050→ $0
Liabilities
Deferred Revenue$465,000$5,753,000▲ $5,288,000
Accounts Payable and Accrued Expenses$9,485$738,739▲ $729,254
Other Liabilities$31,529$37,699▲ $6,170
Total Liabilities$506,014$6,529,438▲ $6,023,424
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,664,547$3,954,586▲ $290,039
Net Assets With Donor Restrictions$84,840$303,504▲ $218,664
Total Net Assets Fund Balance$3,749,387$4,258,090▲ $508,703
Total Liabilities and Net Assets / Fund Balance$4,255,401$10,787,528▲ $6,532,127
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh D BoonePresident/executive DirectorFT$154,700$13,626$168,326
Jennifer NewmanSenior Communications AdvisorFT$111,419$7,064$118,483

Board Members and Trustees

NameTitle
Caroline ChoiChair - Director
Anand GopalVice Chair - Director
Adam GromisDirector
Cynthia WilliamsDirector
David StricklandDirector
Dianne MartinezDirector
Howard ChangDirector
Jesse LevinsonDirector
Linda WhiteDirector
Mary NicholsDirector
Miguel RomeroDirector
Mike DelaneyDirector
Robert BarossaDirector
Sam AronsDirector
Spencer ReederDirector
Terry TravisDirector
Sara RafalsonSecretary - Director
Arnie SowellTreasurer - Director

Highest Paid Contractors

ContractorServicesLocationCompensation
The ShipyardMarketing Services1700 I STREET SUITE 210, Sacramento, CA 95814$2,941,000
Jd Power And AssociatesConsulting400 CAPITOL MALL, Sacramento, CA 95814$276,713
Revenue and Support

Revenue Composition

Contributions and Grants
$4,283,703
Program Service Revenue
$1,507,500
Investment Income
$109,455
Other Revenue
$0
All Other Contributions
$4,283,703
Change in Net Assets
$508,703

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,900,658
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,900,658
Total Revenue per Form 990
$5,900,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,398,129
Salaries, Compensation, and Employee Benefits$993,826
Total Fundraising Expense$207,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$427,978$108,411$112,025$648,414
Current Officers, Directors, Trustees, and Key Employees$129,879$32,900$33,996$196,775
Fees for Services Other$74,779$18,942$19,574$113,295
Other Employee Benefits$51,525$13,052$13,487$78,064
Occupancy$19,662$40,173$6,157$65,992
Payroll Taxes$43,304$10,969$11,335$65,608
Fees for Services Accounting$1,710$48,243-$49,953
Office Expenses$43,108$599$481$44,188
Conferences and Meetings$42,327--$42,327
Travel$23,382$6,076$6,277$35,735
Fees for Services Legal-$16,583-$16,583
Information Technology$8,712$2,641$2,728$14,081
Pension Plan Contributions$3,277$830$858$4,965
All Other Expenses$2,187$663$685$3,535
Other Expenses$3,000$5,606-$3,000
Insurance$423$107$111$641
Total Functional Expenses$4,878,446$305,795$207,714$5,391,955

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,391,955
Total Expenses per Audited Statements$5,391,955
Total Expenses per Form 990$5,391,955
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$37,699
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the board secretary and treasurer prior to being signed and filed.”

Form 990, Part VI, Section B, Line 12C

“On an annual basis, veloz requires its board directors, officers, and staff to complete a conflict of interest form.”

Form 990, Part VI, Section B, Line 15A

“Board chair review and board review the executive director's compensation and this process last occurred in 2023.”

Form 990, Part VI, Section C, Line 19

“Documents available on organization's website.”

Filing and Contact Details

Filer

Filer Name
Veloz
EIN
82-0908936
Phone
9167528510
Address
400 CAPITOL MALL 900, SACRAMENTO, CA 95814

Signing Officer

Name
Josh D Boone
Title
Executive Director
Phone
9167528510
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh D Boone
Formed
2017
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
18

Preparer

Firm
Gilbert Cpas
Address
2880 GATEWAY OAKS DR STE 100, SACRAMENTO, CA 95833
Preparer
Keith R Glen
Phone
9166466464
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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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IRS990/Desc0FOR THIS FISCAL YEAR, VELOZ PERFORMED FUNDRAISING AND STRATEGIC PLANNING TO PREPARE FOR THE LAUNCH AND IMPLEMENTATION OUR NEXT (NATIONAL) PUBLIC ELECTRIC VEHICLE EDUCATION PROGRAM CALLED ELECTRIC FOR ALL 'THE WAY FORWARD IS ELECTRIC'. THIS CAMPAIGNED WAS DEVELOPED AT THE INTERSECTION OF HOLLYWOOD-STYLE ENTERTAINMENT AND BEST-IN-CLASS INFORMATION TO RAISE AWARENESS, PROVIDE FACTS AND PROVIDE DIRECT ACCESS TO COMPLIMENTARY TOOLS THAT WILL HELP THE PUBLIC MAKE THEIR NEXT EV PURCHASE AN EASY ONE. THE 2025-2026 THE WAY FORWARD IS ELECTRIC CAMPAIGN FOLLOWED IN THE FOOTSTEPS OF PAST CAMPAIGNS, WITH A COMMITMENT TO REACHING ALL COMMUNITIES, A RENEWED FOCUS ON CONSUMER EDUCATION AND CREATIVE CONCEPTS DEVELOPED BASED ON YEARS OF CONSUMER RESEARCH. LAUNCHING A CAMPAIGN OF THIS MAGNITUDE TAKES SIGNIFICANT BEHIND-THE-SCENES WORK. THIS INCLUDED DEVELOPING THE CAMPAIGN CREATIVE AND MEDIA STRATEGY, MANAGING MULTIPLE AGENCIES, REPORTING, WORKING WITH OUR CREATIVE AGENCY TO EXECUTE THE CAMPAIGN, UPGRADED VELOZ.ORG AND ELECTRICFORALL.ORG TO PREPARE FOR INCREASED USE, HIRED A RESEARCH PARTNER TO HELP US TRACK THE CAMPAIGN'S IMPACT, SECURED IN-KIND ASSETS FOR PRODUCTION, WORKING TO IDENTIFY A TOP-TIER MEDIA COMPANY TO ENSURE OUR DIGITALLY FOCUSED CREATIVE ASSETS ARE PLACED ON THE APPROPRIATE PAID MEDIA CHANNELS, DATA IS RECORDED, CAMPAIGN IS OPTIMIZED OVER TIME AND THAT VELOZ OBTAINS THE MOST IMPACT AS POSSIBLE. THE CAMPAIGN RUNS JULY 2025 - JUNE 2026 ON A NATIONAL SCALE.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT/EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR COMMUNICATIONS ADVISOR
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02641
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IRS990/InsuranceGrp/FundraisingAmt0111
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0VELOZ IS A UNIQUE PUBLIC-PRIVATE NONPROFIT DRIVING TOWARD 100% ZERO-EMISSION VEHICLES THROUGH STRATEGIC COMMUNICATIONS, UNPRECEDENTED COLLABORATIONS AND PURPOSEFUL CONVENING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt04258090
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03954586
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IRS990/OccupancyGrp/TotalAmt065992
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0599
IRS990/OfficeExpensesGrp/ProgramServicesAmt043108
IRS990/OfficeExpensesGrp/TotalAmt044188
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04050
IRS990/OtherAssetsTotalGrp/EOYAmt04050
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt013487
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013052
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051525
IRS990/OtherEmployeeBenefitsGrp/TotalAmt078064
IRS990/OtherExpensesGrp/Desc0ELECTRICFORALL.COM EXP
IRS990/OtherExpensesGrp/Desc1STRATEGIC PLANNING EXPE
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT AND GRANT W
IRS990/OtherExpensesGrp/Desc3CONSUMER AWARENESS EXPE
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IRS990/OtherExpensesGrp/ProgramServicesAmt1262247
IRS990/OtherExpensesGrp/ProgramServicesAmt23000
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IRS990/OtherExpensesGrp/TotalAmt1262247
IRS990/OtherExpensesGrp/TotalAmt25606
IRS990/OtherExpensesGrp/TotalAmt33000
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011335
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IRS990/PensionPlanContributionsGrp/FundraisingAmt0858
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0830
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01507500
IRS990/ProgSrvcAccomActy2Grp/Desc0VELOZ'S PUBLIC SUMMIT SERIES MEETINGS: THEY ARE A GATHERING POINT FOR ELECTRIC CAR STAKEHOLDERS AND VELOZ MEMBERS. VELOZ SUMMIT ATTENDEES INCLUDE REPRESENTATIONS FROM CALIFORNIA UTILITIES, TRANSPORTATION NETWORK COMPANIES, CHARGING INFRASTRUCTURE, AUTOMAKERS, VENTURE CAPITAL INVESTORS, NONPROFITS, GOVERNMENT, START-UPS, NEWS MEDIA, INTERNATIONAL EXPERTS AND MANY MORE. VELOZ HELD SUMMITS IN JULY 2024, OCTOBER 2024, DECEMBER 2024, FEBRUARY 2025 AND MARCH 2025. THE GOAL IS TO ADDRESS EV BARRIERS AND IDENTIFY SOLUTIONS TO ADVANCE THE ELECTRIC FOR ALL EV MOVEMENT. A TYPICAL VELOZ SUMMIT HAS 250 ATTENDEES.
IRS990/ProgSrvcAccomActy3Grp/Desc0VELOZ DIGITAL DIALOGUES/WEBINARS: VELOZ WEBINARS WERE STANDOUTS IN THE CROWDED ONLINE ENGAGEMENT CATEGORY. BETWEEN JULY 2024 - JUNE 2025, VELOZ HELD 3 WEBINARS THAT TYPICALLY HAVE 150-200 ATTENDEES.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VELOZ NOW PUBLISHES A REGULAR THOUGHT-LEADERSHIP BLOG CALLED 'THE RIDE TO ZERO', PRODUCES A QUARTERLY EV MARKET REPORT, HOSTS THREE BOARD MEETINGS ANNUALLY AND MORE. TO LEARN MORE, VISIT WWW.VELOZ.ORG. VELOZ'S 2024-2025 ANNUAL REPORT IS PUBLISHED AT THE FOLLOWING LINK IN DECEMBER 2025: HTTPS://WWW.VELOZ.ORG/VELOZ-RESOURCES/
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt049105
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IRS990/ReconcilationRevenueExpnssAmt0508703
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IRS990ScheduleA/SubstantialContributorsTotAmt04354167

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