Veteran Business Collective

Financials

Financial transparency.

VBC is a 501(c)(3) nonprofit (EIN 86-2179204), determined exempt by the IRS on April 1, 2021. Our determination letter, Form 990 filings, and third-party transparency profiles are linked below.

IRS

Tax-Exempt Status

Verify VBC's 501(c)(3) status and IRS determination on the Tax Exempt Organization Search.

Verify on IRS.gov

Candid

GuideStar Gold Seal

Full nonprofit profile on Candid (formerly GuideStar), with mission, programs, and finances.

View on Candid

Charity Navigator

Independent Profile

VBC is listed on Charity Navigator. The org is not yet rated because Charity Navigator requires multiple years of Form 990 (not 990-EZ) filings.

View on Charity Navigator

FY2024 at a glance

From Form 990-EZ filed February 13, 2025.

Total revenue

$18,503

Total expenses

$22,253

Net assets (EOY)

$13,601

FY2024 expense breakdown

  • Advertising$14,618
  • Office expenses$6,274
  • Travel$546
  • Insurance$514
  • Bank fees$251
  • Taxes & licenses$50
  • Total$22,253

98.6% of FY2024 expenses were direct program services (member network, advertising, and chapter operations). Source: Form 990-EZ Part III line 32 + Schedule O.

Four-year history

Fiscal yearRevenueExpensesNet assets (EOY)
FY2024$18,503$22,253$13,601
FY2023$20,734$16,382$17,350
FY2022$16,920$14,945$12,998
FY2021$16,385$5,362$11,023

Revenue is 100% from contributions. VBC has carried no debt across all filed years and passes the IRS public-support test at 100% under § 509(a)(2).

Governance

All-volunteer Board of Directors.

Marc Arrington (President), Josh Johnson (Treasurer), Michael Kelsey + David Hamill (Directors). Zero officer or director compensation per Form 990-EZ.

Meet the board →

Request additional records

Federal law requires VBC to make our three most recent Form 990 filings and our application for exemption (Form 1023) available for public inspection. Request a copy at info@therealvbc.org.