2025-08-15T14:37:45-05:00 2025-03-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-04-01 261971279 STUDENT VETERANS OF AMERICA STUD 2022234710 655 15TH STREET NW 320 WASHINGTON DC 20005 JARED S LYON PRESIDENT & CEO 2022234710 2025-08-14 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-08-05 2024 2025-03-06 01:10:19Z JARED S LYON 655 15TH STREET NW 320 WASHINGTON DC 20005 3091166 0 X HTTPS://STUDENTVETERANS.ORG/ X 2008 MI PROVIDE VETERANS WITH RESOURCES, SUPPORT, AND ADVOCACY TO SUCCEED IN HIGHER EDUCATION AND BEYOND 11 10 32 3282 0 0 2782423 2427086 837438 496715 64149 129914 35626 29831 3719636 3083546 164500 176000 0 0 2848160 2858542 0 0 628350 5217654 5077217 8230314 8111759 -4510678 -5028213 8799987 6270884 321156 3127766 8478831 3143118 X THE MISSION OF STUDENT VETERANS OF AMERICA (SVA) IS TO ACT AS A CATALYST FOR STUDENT VETERAN SUCCESS BY PROVIDING RESOURCES, NETWORK SUPPORT AND ADVOCACY TO, THROUGH, AND BEYOND HIGHER EDUCATION. 0 0 4145342 176000 0 PROGRAMS AND CHAPTER SERVICESSTUDENT VETERANS OF AMERICA SUPPORTS A NETWORK OF OVER 1,600 CHAPTERS NATIONWIDE, IMPACTING THE LIVES OF MORE THAN 750,000 STUDENT VETERANS EACH YEAR. THESE STUDENT-LED CHAPTERS OFFER A VITAL SENSE OF COMMUNITY AND PEER-TO-PEER SUPPORT, FOSTERING ACADEMIC SUCCESS, LEADERSHIP DEVELOPMENT, AND PERSONAL GROWTH. TO EMPOWER THESE CHAPTERS, SVA OFFERS ROBUST PROGRAMMING AT THE LOCAL, REGIONAL, AND NATIONAL LEVELS. LOCALLY, CHAPTERS RECEIVE TAILORED GUIDANCE THROUGH CONSULTATION SESSIONS TO HELP DEVELOP STRATEGIC PLANS AND IMPLEMENT BEST PRACTICES THAT MEET THE UNIQUE NEEDS OF THEIR CAMPUS COMMUNITIES. (CONTINUED ON SCHEDULE O.)THESE EFFORTS EMPOWER CHAPTERS TO BUILD VIBRANT, ENGAGED GROUPS THAT FOSTER A SENSE OF BELONGING AND FACILITATE ACADEMIC AND PROFESSIONAL SUCCESS. REGIONALLY, SVA HOSTS SUMMITS THAT BRING TOGETHER CHAPTERS WITHIN GEOGRAPHIC AREAS TO SHARE INSIGHTS, COLLABORATE, AND PARTICIPATE IN LEADERSHIP AND PROFESSIONAL DEVELOPMENT WORKSHOPS. THESE EVENTS CREATE OPPORTUNITIES FOR PEER-TO-PEER LEARNING AND BUILD STRONGER NETWORKS AMONG CHAPTERS. NATIONALLY, SVA PROVIDES ACCESS TO RESOURCES AND TRAINING THAT AMPLIFY CHAPTER IMPACT, INCLUDING VIRTUAL WEBINARS, TOOLKITS, AND CONNECTIONS TO NATIONAL ADVOCACY EFFORTS. THIS MULTI-TIERED APPROACH ENSURES THAT CHAPTERS ARE SUPPORTED AT EVERY LEVEL, ENABLING THEM TO CREATE MEANINGFUL AND LASTING CHANGE FOR THE STUDENT VETERANS THEY SERVE. 2379462 0 496715 SVA NATIONAL CONFERENCE (NATCON) NATCON IS THE LARGEST ANNUAL CONVENING OF STUDENT VETERANS IN THE COUNTRY, BRINGING TOGETHER SVA'S CHAPTER LEADERS, STAKEHOLDERS, ADVOCATES, AND SUPPORTERS WHO WORK ON BEHALF OF STUDENT VETERANS, MILITARY-CONNECTED STUDENTS, FAMILY MEMBERS, CAREGIVERS, AND SURVIVORS IN HIGHER EDUCATION. THE PURPOSE IS TO CONVENE STUDENT VETERANS WITH THOSE BEST EQUIPPED TO SUPPORT AND EMPOWER THEM, TRAIN THEM ON CHAPTER MANAGEMENT AND SALIENT TOPICS PERTINENT TO SUCCESS IN HIGHER EDUCATION AND BEYOND, AND REFRAME THE POSSIBLE FOR THESE DIVERSE STUDENTS. STUDENT VETERANS ATTEND NATCON TO LEARN HOW TO MANAGE SOME OF THE MOST SUCCESSFUL STUDENT ORGANIZATIONS IN THE COUNTRY, AND TO NETWORK WITH THEIR PEERS AS TOMORROW'S LEADERS. (CONTINUED ON SCHEDULE O.)NOTABLE SPEAKERS IN FISCAL YEAR 2025 INCLUDED SECRETARY OF VETERANS AFFAIRS, DENIS MCDONOUGH, AND PAST SPEAKERS INCLUDE PRESIDENT GEORGE W. BUSH, FIRST LADY DR. JILL BIDEN, (THEN) VICE PRESIDENT JOE BIDEN, VETERANS AFFAIRS SECRETARY BOB MCDONALD, AND MANY OTHERS. EACH NATCON FEATURES GROUNDBREAKING KEYNOTES AND BREAKOUT SESSIONS IN ALL AREAS OF ACADEMIC AND PROFESSIONAL DEVELOPMENT, INCLUDING THE LATEST RESEARCH FINDINGS ON STUDENT VETERAN SUCCESS AND ADVOCACY STRATEGIES. THOUSANDS OF ATTENDEES AND MORE THAN 100 EXHIBITORS AND SPONSORS ATTEND NATCON. 475504 0 0 LEADERSHIP INSTITUTETHE SVA LEADERSHIP INSTITUTE IS AN IMMERSIVE LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO EMPOWER THE NEXT GENERATION OF CHANGEMAKERS. THIS PROGRAM BRINGS TOGETHER NEARLY 100 CHAPTER LEADERS THROUGH A COMPETITIVE APPLICATION PROCESS FOR INTENSIVE TRAINING THAT EMPHASIZES PERSONAL GROWTH, STRATEGIC THINKING, AND TEAM LEADERSHIP. FACILITATED BY EXPERIENCED MENTORS, MANY OF WHOM ARE SVA ALUMNI, THE LEADERSHIP INSTITUTE PROVIDES PARTICIPANTS WITH PRACTICAL TOOLS AND INSIGHTS TO STRENGTHEN THEIR CHAPTERS AND ENGAGE THEIR CAMPUS COMMUNITIES. ATTENDEES EXPLORE THEIR LEADERSHIP STYLES, LEARN TO NAVIGATE CHALLENGES, AND DEVELOP STRATEGIES TO IMPLEMENT MEANINGFUL INITIATIVES. (CONTINUED ON SCHEDULE O.)GRADUATES OF THE LEADERSHIP INSTITUTE RETURN TO THEIR CAMPUSES EQUIPPED TO ADDRESS THE NEEDS OF THEIR DIVERSE COMMUNITIES. BY EQUIPPING THESE RISING LEADERS WITH COMPREHENSIVE LEADERSHIP TRAINING, SVA EXTENDS ITS IMPACT FAR BEYOND THE PROGRAM'S IMMEDIATE PARTICIPANTS, ULTIMATELY FOSTERING HEALTHIER, MORE SUPPORTIVE LEARNING ENVIRONMENTS FOR THOUSANDS OF FELLOW STUDENT VETERANS. 7000308 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 32 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 0 0 X X JARED S LYON 2022234710 655 15TH STREET NW 320 WASHINGTON DC 20005 JARED S LYON PRESIDENT AND CEO 50.00 X X 412500 0 13917 ABRA KINCH VP OF RESEARCH 50.00 X 180362 0 34996 VANESSA RYAN VP OF CHAPTER & COMMUNITY ENGAGEMENT 50.00 X 172708 0 6716 LESLIE DESLIS VP OF DEVELOPMENT 50.00 X 158661 0 12607 TAMMY BARLET VP OF GOVERNMENT AFFAIRS 50.00 X 114815 0 5270 J FORD HUFFMAN CHAIR 10.00 X X 0 0 0 SCOTT BLACKBURN VICE CHAIR 10.00 X X 0 0 0 JOSEPH SAUTTER TREASURER 10.00 X X 0 0 0 MARY REDING SECRETARY AS OF SEP 2024 10.00 X X 0 0 0 PHILOMENA MANTELLA BOARD MEMBER, SECRETARY TO SEP 2024 5.00 X X 0 0 0 JOHN EDELMAN BOARD MEMBER 5.00 X 0 0 0 VIVIAN GREENTREE BOARD MEMBER 5.00 X 0 0 0 JOSHUA JONES BOARD MEMBER 5.00 X 0 0 0 LISA MCCOY BOARD MEMBER 5.00 X 0 0 0 ALLEXIS SMITH BOARD MEMBER 5.00 X 0 0 0 1039046 0 73506 5 0 1 0 CONFERENCE INCORPORATED 11709 BOWMAN GREEN DRIVE RESTON VA 20190 CORPORATE EVENT MANAGEMENT SERVICES 365849 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 ACCOUNTING AND IT CONSULTING SERVICES 364553 DIESEL JACK MEDIA 1506 E FRANKLIN STREET STE 102 CHAPEL HILL NC 27514 CREATIVE CONSULTING SERVICES 270483 VANTAGE POINT CONSULTING INC 1140 3RD ST NE STE 200 WASHINGTON DC 20002 TECHNOLOGY CONSULTING SERVICES 170367 UNIVERSITY BEHAVIORAL HEALTH CARE PO BOX 826999 PHILADELPHIA PA 191826999 CALL CENTER SERVICES 141905 6 2427086 6400 2427086 CONFERENCE FEES 900099 496715 496715 496715 137534 137534 6540 0 6540 6540 6540 7620 -7620 -7620 -7620 MISCELLANEOUS 900099 23291 23291 23291 3083546 496715 0 159745 X 16000 16000 160000 160000 434293 299662 91202 43429 2061359 1570090 157430 333839 44505 34203 2831 7471 118089 88521 11676 17892 200296 150131 19827 30338 52302 39538 4697 8067 226506 171227 20341 34938 1147052 1089656 570 56826 270556 270033 39 484 90164 75352 5496 9316 363687 321835 12542 29310 187016 121063 65952 1 564768 530529 34239 1914982 1907185 2869 4928 85052 85052 LICENSES AND FEES 117775 103963 553 13259 BAD DEBT EXPENSE 20000 20000 AWARDS EXPENSES 12192 11558 233 401 25165 19762 1791 3612 8111759 7000308 483101 628350 175011 13051 6083220 3131829 2030276 1325505 20062 1032 244299 214738 553568 226985 108687 326583 138432 1258146 8799987 6270884 199876 1822653 121280 1305113 321156 3127766 X 2800558 1057206 5678273 2085912 8478831 3143118 8799987 6270884 X -5028213 -307500 X 0 1 X 1 0 X 3311010 5773922 14651146 2782423 2427086 28945587 3311010 5773922 14651146 2782423 2427086 28945587 6621330 22324257 1545 590 12133 64149 144074 222491 367 367 22945 32427 25151 35626 23291 139440 29307885 4145921 0.76170 0.74870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 5,909. 2022 AMOUNT: $ 5,340. 2023 AMOUNT: $ 19,930. 2024 AMOUNT: $ 23,291. REIMBURSEMENTS/REBATES - 2020 AMOUNT: $ 11,173. 2021 AMOUNT: $ 8,162. SUBLEASE INCOME - 2020 AMOUNT: $ 11,772. 2021 AMOUNT: $ 15,696. 2022 AMOUNT: $ 19,620. 2023 AMOUNT: $ 15,696. INVENTORY SALES - 2021 AMOUNT: $ 2,660. 2022 AMOUNT: $ 191. SCHEDULE A, PART II: TAX YEAR 2022 INCLUDES THE SHORT PERIOD JANUARY 1 TO MARCH 31, 2022, AND THE FISCAL YEAR APRIL 1, 2022 TO MARCH 31, 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 2244 0 0 2244 0 PART II-B, LINE 1: SVA STAFF PARTICIPATE IN CONGRESSIONAL HEARINGS AND SUBMIT TESTIMONY AT THE INVITATION OF VARIOUS LEGISLATIVE OFFICIALS. SVA STAFF ALSO PARTICIPATE IN EXECUTIVE-BRANCH EVENTS UPON REQUEST. NO ADDITIONAL EXPENDITURES WERE MADE FOR LOBBYING. AS NOTED, STAFF TIME IS INVOLVED WITH MEETING/HEARING PARTICIPATION. 244364 2737 241627 25546 17471 8075 283658 206777 76881 326583 RIGHT-OF-USE ASSET - OPERATING, NET 1233784 DEPOSITS 24362 1258146 LEASE LIABILITY - OPERATING 1305113 1305113 X 3520519 736853 -307500 429353 3091166 -7620 -7620 3083546 8856232 736853 7620 744473 8111759 0 8111759 PART X, LINE 2: SVA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SVA IS SUBJECT TO TAX ONLY ON ITS NET UNRELATED BUSINESS INCOME. FEDERAL AND DISTRICT OF COLUMBIA INCOME TAXES RELATED TO THIS WAS $-0- FOR THE YEARS ENDED MARCH 31, 2025 AND 2024. SVA HAS ADOPTED THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SVA EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED MARCH 31, 2025, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF MARCH 31, 2025, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2019 THROUGH 2022 REMAIN OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH SVA FILES TAX RETURNS. IT IS SVA'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON WRITE-OFF OF PLEDGE -307,500. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON ASSET DISPOSAL -7,620. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ASSET DISPOSAL 7,620. 1 HILLVETS FOUNDATION 127 12TH STREET SE WASHINGTON DC 20003 473616097 501(C)(19) 10000 0 N/A N/A OPERATING SUPPORT 0 1 SCHOLARSHIPS 16 160000 0 N/A N/A PART I, LINE 2: FOR GRANTS TO ORGANIZATIONS, SVA MAKES GRANT DISBURSEMENTS FOLLOWING ITS NORMAL DISBURSEMENT PROCEDURES. FOR GRANTS TO INDIVIDUALS, SVA MAKES GRANT DISBURSEMENTS VIA REIMBURSEMENT BY REQUIRING THAT ANY REQUEST FOR FUNDS BE ACCOMPANIED BY CORRESPONDING SCHOLARSHIP AGREEMENT, THUS ENSURING THAT THE GRANT FALLS UNDER THE TAX-EXEMPT PURPOSE OF SVA. X X X X X 0 0 0 0 0 0 0 1 0 JARED S LYON PRESIDENT AND CEO 352500 0 60000 0 0 0 13800 0 117 0 426417 0 0 0 ABRA KINCH VP OF RESEARCH 180362 0 0 0 0 0 7600 0 27396 0 215358 0 0 0 VANESSA RYAN VP OF CHAPTER & COMMUNITY ENGAGEMENT 172708 0 0 0 0 0 6608 0 108 0 179424 0 0 0 LESLIE DESLIS VP OF DEVELOPMENT 158661 0 0 0 0 0 6350 0 6257 0 171268 0 0 0 PART I, LINE 7 THE BONUS FOR THE PRESIDENT AND CEO WAS APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY AN EXTERNAL PUBLIC ACCOUNTING FIRM. ONCE THE DRAFT FEDERAL FORM 990 IS COMPLETED, IT IS SUBMITTED TO SVA'S PRESIDENT AND CEO FOR REVIEW. AFTER THE PRESIDENT AND CEO REVIEW THE DRAFT, IT IS PROVIDED TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ADOPTED AN ETHICS AND CONFLICTS OF INTEREST POLICY. THE POLICY IS PROVIDED TO ALL LEADERS OF SVA AND MUST BE FILED ANNUALLY. THE BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH VIOLATIONS. INDIVIDUAL DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS THEY PERTAIN TO THE INTERESTS OF SVA. SVA EVALUATES CONFLICTS OF INTEREST TO ENSURE TERMS ARE FAIR AND REASONABLE, CONSISTENT WITH ARMS-LENGTH TRANSACTIONS, WITHOUT INFLUENCE BY BOARD MEMBERS AND ENSURING THAT THERE IS NO PRIVATE INUREMENT. SVA EXECUTIVE LEADERS TAKE INTO CONSIDERATION HIGH-QUALITY SERVICES AND COMPETITIVE PRICING, AS WELL AS THE EXPECTED QUALITY OF SERVICES TO BE PROVIDED. SVA WILL CONSULT WITH LEGAL COUNSEL, AS NEEDED, TO REVIEW THE BOARD OF DIRECTORS' DECISION-MAKING PROCESS AND TO ASSESS THE RELATIONSHIP. SVA ENSURES FULL BOARD DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE, UNDER AUTHORITY DELEGATED BY THE BOARD, CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE PRESIDENT AND CEO AND SETS THE PRESIDENT AND CEO'S COMPENSATION. SVA UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT AND THIRD-PARTY DATA TO COMPARE ITS COMPENSATION TO THOSE OF SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS AND ENSURE THEY ARE REASONABLE. CONTEMPORANEOUS DOCUMENTATION IS KEPT BY THE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15B: SVA DOES NOT COMPENSATE ANY PERSON WHO MEETS THE INTERNAL REVENUE SERVICE CRITERIA OF OTHER OFFICER OF KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 SVA'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON SVA'S WEBSITE. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE BY REQUEST VIA A "CONTACT US" LINK ON SVA'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,051,647. MANAGEMENT AND GENERAL EXPENSES 550. FUNDRAISING EXPENSES 54,844. TOTAL EXPENSES 1,107,041. CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 2,161. MANAGEMENT AND GENERAL EXPENSES 1. FUNDRAISING EXPENSES 113. TOTAL EXPENSES 2,275. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 35,848. MANAGEMENT AND GENERAL EXPENSES 19. FUNDRAISING EXPENSES 1,869. TOTAL EXPENSES 37,736. FORM 990, PART XI, LINE 9: LOSS ON WRITE-OFF OF PLEDGE -307,500.