NATIONAL ASSOCIATION OF VETERANS RESEARCH AND EDUCATION FOUNDATIONS

WASHINGTON, DC, 20006-5349 (301) 656-5005 Est. 1992 EIN 52-1784596

A99Z— Arts, Culture & Humanities Form 990 501(c)(3)

Mission

NAVREF'S MISSION IS TO ADVANCE THE SUCCESS OF THE VA-AFFILIATED NONPROFIT RESEARCH AND EDUCATION CORPORATIONS.

Total Revenue

$1,296,400

Total Expenses

$1,690,171

Net Assets

$817,756

6 employees 12 volunteers

From latest filing (tax period ending 2024-09-30)

Operating Reserve

5.8 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 63.4%

Expenses ↑ 86.6%

Revenue Sources

Contributions 26.9% Earned revenue 70.0% Investment 3.1%

Expense Breakdown

Program 90.9% Management 7.8% Fundraising 1.3%

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Year	Revenue	Expenses	Net Assets
2023 Form 990	$1,296,400 ↑	$1,690,171	$817,756
2022 Form 990	$793,553 ↑	$905,632	$1,042,688
2021 Form 990	$746,809 ↓	$913,452	$1,091,828
2020 Form 990	$862,245 ↑	$613,179	$1,464,186
2019 Form 990	$654,954 ↓	$671,399	$1,215,120
2018 Form 990	$678,859 ↓	$756,466	$1,183,502
2017 Form 990	$847,201	$772,697	$1,216,419