Nonprofit · EIN 83-4561485
NVSBC EDUCATION FOUNDATION INC
Tax-exempt · MINERAL, VA 23117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,910,730 | $2,538,108 | $372,622 | $1,103,782 | $511,373 | $592,409 |
| December 31, 2024 | 990 | $2,770,020 | $2,975,411 | -$205,391 | $786,759 | $566,972 | $219,787 |
| December 31, 2023 | 990 | $2,242,610 | $1,787,851 | $454,759 | $711,010 | $285,832 | $425,178 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $857,594
- Program service revenue
- $2,035,621
- Investment income
- $5,357
- Net income from fundraising events
- $12,158
- Other revenue
- $12,158
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $247,535
- Other salaries and wages
- $397,412
- Salaries, compensation and benefits (total)
- $644,947
- Professional fundraising fees
- $0
- Legal fees
- $192,800
- Program services (functional)
- $2,268,244
- Management and general (functional)
- $209,090
- Fundraising (functional)
- $60,774
Balance sheet and other
- Total assets, start of year
- $786,759
- Total assets, end of year
- $1,103,782
- Total liabilities, end of year
- $511,373
- Net assets, end of year
- $592,409
- Net assets without donor restrictions
- -$210,359
- Net assets with donor restrictions
- $802,768
- Gross receipts
- $2,923,352
- Employees
- 0
- Volunteers
- 175
- Year formed
- 2019
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SCOTT JENSEN | NVSBC CEO Trustee or director, Officer | 30 | $145,937 | $48,646 | $685 |
| ZACK ARMSTRONG | NVSBC COO Officer | 30 | $95,000 | $31,667 | $5,913 |
| ROBERT BETTERS | PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| PHIL PANZARELLA | VICE PRESIDENT Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| NEERAJA LINGAM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT SANTMYER | TREASURER Trustee or director, Officer | 3.75 | $0 | $0 | $0 |
| WILLIAM BELKNAP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBIN DESMORE | DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERICA DOBBS | GOVERNANCE COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| IRENE GLAESER | DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| VENUS QUATES | NVSBC DEVELOPMENT DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NANCY LANGER | DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| NORRIS MIDDLETON | FINANCE COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| AKINWANDE OSHODI | ASSISTANT TREASURE Trustee or director | 1 | $0 | $0 | $0 |
| KAMAR PERKINS | GOVERNANCE COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD REAVES | GOVERNANCE COMMITTEE Trustee or director | 1 | $0 |
| TIMOTHY ROSS | FINANCE COMMITTEE Trustee or director | 1 | $0 |
| SCOTT THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| JASON WINDSOR | DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SCOTT JENSEN | CHIEF EXECUTIVE OFFICER Officer, Highest-paid employee | 30 | $142,161 | $46,797 |
| ZACHARY ARMSTRONG | DEPUTY EXECUTIVE DIRECTOR Officer, Key employee | 30 | $82,031 | $27,344 |
| ROBERT BETTERS | PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| NORRIS MIDDLETON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BELKNAP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AL SOWERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILLIP PANZARELLA | VICE PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| NANCY LANGER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SCOTT THOMPSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ERICA DOBBS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| IRENE GLAESER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NEERAJA LINGAM | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| KAREN BRAZELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT SANTMYER | TREASURE Trustee or director, Officer | 8 | $0 | $0 |
| VENUS QUATES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TIM ROSS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBIN DESMORE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AKINWANDE OSHODI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRAD REAVES | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SCOTT JENSEN | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 30 | $131,349 | $28,651 |
| EDWARD TUORINSKY | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| ROBERT BETTERS | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| WILLIAM DUNN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| NORRIS MIDDLETON | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| ANTONIO MOSCATELLI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM BELKNAP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AL SOWERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILLIP PANZARELLA | DIRECTOR Trustee or director | 8 | $0 | $0 |
| NANCY LANGER | DIRECTOR Trustee or director | 8 | $0 | $0 |
| SCOTT THOMPSON | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ERICA DOBBS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| IRENE GLAESER | DIRECTOR Trustee or director | 3 | $0 | $0 |
| NEERAJA LINGAM | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KAREN BRAZELLE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ROBERT SANTMYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6800 LAKES EDGE WAY, MINERAL, VA 23117-5009
- In care of
- % SCOTT JENSEN
- Principal officer (990 for 2025)
- SCOTT JENSEN, 6800 LAKES EDGE WAY, MINERAL, VA 23117
- Signed the 990
- SCOTT JENSEN, CHIEF EXCECUTIVE OFFICER
- Phone
- (401) 524-2411
- Return prepared by
- RENNER AND COMPANY CPA PC
Mission
EMPOWER VETERAN OWNED SMALL BUSINESSES IN THE FEDERAL CONTRACTING ECOSYSTEM TO SUCCEED BY PROVIDING TRAINING, ENGAGEMENT, AND ADVOCACY AT ALL STAGES OF A COMPANYS LIFECYCLE.
Program accomplishments
- TRAINING: THE ORGANIZATION EQUIPS VETERANOWNED SMALL BUSINESSES TO SUCCEED IN FEDERAL CONTRACTING THROUGH YEAR ROUND TRAINING. OURTRAINING ACADEMY DELIVERS SHORT, IN PERSON SESSIONS TAUGHT BY AGENCY OFFICIALS AND INDUSTRY EXPERTS, WITH 10+ CLASSES ANNUALLY ANDAPPROXIMATELY 969 PARTICIPANTS. COMPLEMENTARY VIRTUAL CHARLIE MIKE SESSIONS AND ONE-ON-ONE CONSULTING EXTEND ACCESS NATIONWIDE AND SUSTAIN LEARNING BETWEEN EVENTS. WE ALSO CONVENED THE VETERAN ACCESS TO CAPITAL SYMPOSIUM, FEATURING 30+ EXPERT SPEAKERS ON FINANCING STRATEGIES TAILORED TO GOVERNMENT CONTRACTING. COLLECTIVELY, THESE PROGRAMS BUILD PROCUREMENT.Expenses $907,298 · revenue $814,248
- NETWORKING & ENGAGEMENT: THE ORGANIZATION CONNECTS VETERANS TO BUYERS, PRIMES, AND TEAMING PARTNERS THROUGH A NATIONAL CALENDAR OF ENGAGEMENT EVENTS AND FLAGSHIP CONVENINGS. WE HOST 30+ REGIONAL ENGAGEMENT EVENTS ACROSS 10 COMMUNITIES OF INTEREST EACH THREE-HOUR PROGRAM BLENDS A FOCUSED TRAINING SESSION, STRUCTURED NETWORKING, AND A HOSTED MEAL TO ACCELERATE TEAMING AND MARKET AWARENESS. OUR ANNUAL VETS CONFERENCE SERVES AS THE ANCHOR FORUM, MOST RECENTLY DRAWING 1,624 ATTENDEES AND REPRESENTATIVES FROM 30+ FEDERAL AGENCIES, WITH MATCHED NETWORKING APPOINTMENTS AND CURATED LEARNING TRACKS. THESE ACTIVITIES PRODUCE MEASURABLE CONNECTIONS TO OPPORTUNITIES AND RESOURCES THAT HELP VETERAN OWNED FIRMS ENTER NEW MARKETS AND GROW.Expenses $907,297 · revenue $814,248
- ADVOCACY: THE ORGANIZATION ADVANCES POLICY AND OVERSIGHT THAT EXPAND FEDERAL MARKET ACCESS FOR VETERAN OWNED SMALL BUSINESSES. IN COLLABORATION WITH LEGISLATIVE ADVISORS, WE EXECUTED A FOCUSED HILL AND AGENCY ENGAGEMENT PLAN CONDUCTING APPROXIMATELY 174 FEDERAL PROCUREMENT MEETINGS AND 43 CONGRESSIONAL MEETINGSTO ADVOCATE FOR FAIR CERTIFICATION, GOAL SETTING, AND ENFORCEMENT. OUR COALITION HELPED SECURE ENACTMENT OF THE FY2024 NDAA PROVISION INCREASING THE GOVERNMENTWIDE SDVOSB GOAL FROM 3% TO 5% AND SUPPORTED REFORMS ENDING SELF-CERTIFICATION FOR SDVOSB PRIME AWARDS (EFFECTIVE 1/1/2024) AND SUBCONTRACTING CREDIT (EFFECTIVE 10/1/2024). WE ALSO PROVIDE REGULAR POLICY UPDATES AND REPRESENT THE COMMUNITY ON SBA ADVISORY BODIES TO INFORM RULEMAKING.Expenses $453,649 · revenue $407,125
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4561485
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B03)
- Assets (IRS master file)
- $1,103,782
- Income (IRS master file)
- $2,923,352
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,910,730 | $2,538,108 | $1,103,782 | XML |
| 990 | December 2024 | $2,770,020 | $2,975,411 | $786,759 | IRS |
| 990 | December 2023 | $2,242,610 | $1,787,851 | $711,010 | XML |
| 990 | December 2022 | $611,015 | $551,416 | $99,134 | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4561485).
Questions about NVSBC EDUCATION FOUNDATION INC
- What is the EIN of NVSBC EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of NVSBC EDUCATION FOUNDATION INC is 83-4561485.
- Is NVSBC EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to NVSBC EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NVSBC EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NVSBC EDUCATION FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NVSBC EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NVSBC EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names SCOTT JENSEN.
- Who are the officers and directors of NVSBC EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 19 people; 2 received compensation from the organization, the highest $145,937 (SCOTT JENSEN, NVSBC CEO).
- How much revenue does NVSBC EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,910,730, expenses of $2,538,108 and total assets of $1,103,782 at year end.
Other nonprofits in MINERAL
- LOUISA AREA STUDENTS EDUCATIONAL ROBOTICS EIN 99-2734691 · last filed 990-N for 2025
- W W WHITLOCK FOUNDATION EIN 52-1532383 · last filed 990-PF for 2024
- MINERAL VOLUNTEER DEPT EIN 54-1371829 · last filed 990 for 2024
- JOURNEY HOME INC EIN 47-2245325 · last filed 990 for 2025
- MINIS MISSION EIN 33-2381106 · last filed 990-EZ for 2025
- SERVICE-DISABLED VETERAN MEDICAL PRODUCTS GROUP EIN 87-3738702 · last filed 990 for 2025
- LAKE ANNA CIVIC ASSOCIATION INC EIN 54-1576137 · last filed 990-EZ for 2025
- BELLAS BUDDIES INC EIN 83-3617971 · last filed 990 for 2025