Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2013.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
16 people listed on the 990; $2.4M paid to officers and key staff.
Brad Chedister’s $428K as Former Chief Tech. Officer is at the 9th percentile of top reported officer pay among 43 $100M+ science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Brad Chedister | $427,648 | — | — | — | — | — |
| Brian Liesveld | $382,561 | $316,948 | $294,448 | $266,899 | $159,767 | $179,267 |
| Craig Zamary | $258,086 | — | — | — | — | — |
| Teresa Harrington | $254,234 | — | — | — | — | — |
| Leslie Babich | $240,197 | — | — | — | — | — |
| James Andrews | $238,775 | — | — | — | — | — |
| Anthony Pettengill | $228,418 | — | — | — | — | — |
| Paul Sumrall | $222,193 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Develops innovative, cost-effective science and technology solutions for defense and commercial clients.
Questions for Defensewerx INC
Your first name shows with your question. Defensewerx INC answers here, for everyone.
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Pia
Partnership intermediary agreement that includes innovation and collaboration, technology transfer, workforce development, and neutral facilitation. For innovation and collaboration services the organization creates and maintains innovation and colloboration environments that enable customers to effectively expand their scientific…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $89.1M | $129.3M |
| Total assetsLn 16 | $96.6M | $145.6M |
| LiabilitiesLn 26 | $95.9M | $146.1M |
| Net assetsLn 32 | $746K | −$469K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $106K | $106K | ||
| Pay of current officers, directors and key staffLn 5 | $1.2M | $1.0M | $162K | |
| Other salaries and wagesLn 7 | $9.6M | $9.4M | $173K | |
| Other employee benefitsLn 9 | $2.1M | $2.1M | $39K | |
| Payroll taxesLn 10 | $797K | $783K | $14K | |
| Legal feesLn 11b | $144K | $144K | ||
| Accounting feesLn 11c | $218K | $218K | ||
| Other fees for servicesLn 11g | $175.5M | $175.5M | $32K | |
| Advertising and promotionLn 12 | $10K | $9K | $109 | |
| Office expensesLn 13 | $5K | $5K | $57 | |
| Information technologyLn 14 | $634K | $627K | $7K | |
| OccupancyLn 16 | $264K | $261K | $3K | |
| TravelLn 17 | $528K | $495K | $33K | |
| InsuranceLn 23 | $72K | $71K | $818 | |
| Other expenses (24a–d)Ln 24 | $4.5M | $4.5M | $48K | |
| Total functional expensesLn 25 | $195.7M | $194.8M | $874K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $195.8M | $195.7M | $71K | −$469K | 990 PDF |
| FY2024 | $112.5M | $112.4M | $94K | $746K | 990 PDF |
| FY2023 | $84.2M | $84.1M | $55K | $652K | 990 PDF |
| FY2022 | $42.7M | $44.8M | −$2.1M | −$1.6M | 990 PDF |
| FY2021 | $34.2M | $34.3M | −$117K | $355K | 990 PDF |
| FY2020 | $46.8M | $46.7M | $82K | $567K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $195,761,877 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 2 to look at
Part VIII · Statement of revenue $195,761,877 across 6 lines filed
Part IX · Statement of functional expenses $195,690,926 across 15 lines filed
Part X · Balance sheet $145,613,776 assets, 13 lines filed
Part XI · Reconciliation of net assets −$468,808 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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