Civic Intelligence

Veterans Resource Group Inc.

990 • Fiscal year 2023 • EIN 20-8120737

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

4035 Jonesboro Road Suite 130Forest Park, GA 30297

(404) 825-0515

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.12x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

29th percentile

-6.5%

Higher net margin than 29% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

94th percentile

110%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

51%

Faster revenue growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$16,390

Up $8,586 (+110%) from 2022

Net Assets

Up

$14,390

Up $8,586 (+148%) from 2022

Liabilities

Flat

$2,000

Flat from 2022

Revenue

Up

$576,031

Up $194,768 (+51%) from 2022

Expenses

Up

$613,297

Up $170,425 (+38%) from 2022

Net Income

Up

-$37,266

Up $24,343 (+40%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2019: $86Liabilities 2019: $0Net Assets 2019: $862019Assets 2020: $30,324Liabilities 2020: $20,697Net Assets 2020: $9,6272020Assets 2021: $26,769Liabilities 2021: $26,741Net Assets 2021: $282021Assets 2022: $7,804Liabilities 2022: $2,000Net Assets 2022: $5,8042022Assets 2023: $16,390Liabilities 2023: $2,000Net Assets 2023: $14,3902023Assets 2024: $12,482Liabilities 2024: $0Net Assets 2024: $12,4822024

Highlighted filing

2023

Assets$16,390
Liabilities$2,000
Net Assets$14,390

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2019: $170,621Expenses 2019: $184,012Net Income 2019: -$13,3912019Revenue 2020: $199,276Expenses 2020: $193,966Net Income 2020: $5,3102020Revenue 2021: $266,566Expenses 2021: $263,367Net Income 2021: $3,1992021Revenue 2022: $381,263Expenses 2022: $442,872Net Income 2022: -$61,6092022Revenue 2023: $576,031Expenses 2023: $613,297Net Income 2023: -$37,2662023Revenue 2024: $665,906Expenses 2024: $667,871Net Income 2024: -$1,9652024

Highlighted filing

2023

Revenue$576,031
Expenses$613,297
Net Income-$37,266
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$576,031
Mission and Program Overview

Mission

To provide supportive employment to veterans and individuals with disabilities. Our supportive employment program offers individuals with disabilities the support and assistance they need to make long-term employment a reality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,804$16,390▲ $8,586
Total Assets$7,804$16,390▲ $8,586
Liabilities
Accounts Payable and Accrued Expenses$2,000$2,000→ $0
Total Liabilities$2,000$2,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,804$14,390▲ $8,586
Total Net Assets Fund Balance$5,804$14,390▲ $8,586
Total Liabilities and Net Assets / Fund Balance$7,804$16,390▲ $8,586
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derrick HendersonBoard Member
Janice SmithBoard Member
Michael BushellBoard Member
Shannon KenndyBoard Member
Tony HardinExecutive Directorceo
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$576,005
Investment Income
$26
Other Revenue
$0
Change in Net Assets
$-37,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$426,067
Salaries, Compensation, and Employee Benefits$187,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$169,521--$169,521
Fees for Services Other$129,975--$129,975
Occupancy-$99,865-$99,865
All Other Expenses$74,443$5,276-$79,719
Office Expenses-$49,428-$49,428
Insurance-$18,213-$18,213
Payroll Taxes$17,709--$17,709
Fees for Services Accounting-$6,900-$6,900
Other Expenses$3,050$10,760-$3,050
Total Functional Expenses$422,855$190,442$0$613,297
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The 990 is reviewed by the board of directors prior to the electronic transmittal to the irs.

Conflict of interest policy compliance Part VI line 12C

It is veterans resource groups (vrg)policy that employees and others acting on vrgs behalf must be free from conflicts of interest that could adversely influence their judgment, objectivity or loyalty to the organization in conducting vrgs business activities and assignments. In connection with any actual or possible conflicts of interest, an interested party must disclose the existence of the financial interest and must be given the opportunity to disclose all material facts to the board. After disclosure of the financial interest and all material facts, the individual shall leave the board meeting while the determination is discussed and voted on. The remaining board members shall determine if a conflict of interest exist. If a conflict of interest ,the board will determine and document the appropriate resolution.

Governing documents etc available to public Part VI line 19

All governing documents are available for review upon scheduling an appointment with a member of the board of directors.

Filing and Contact Details

Filer

Filer Name
Veterans Resource Group Inc
EIN
20-8120737
Address
4035 JONESBORO ROAD SUITE 130, FOREST PARK, GA 30297

Signing Officer

Name
Tony Hardin
Title
Executive Direc
Phone
4048250515
Signed
2024-05-07
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
21
Volunteers
300

Preparer

Firm
Accounting & Tax Advisory Group Pc
Address
555 N POINT CTR E STE 400, ALPHARETTA, GA 30022
Preparer
Riolene J Ibok
Phone
7705586338
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Refer to vrgs overflow statement.

List of other expenses Part IX line 24E

Refer to vrgs overflow statement.

General explanation attachment

Mission: to provide supportive employment to veterans and individuals with disabilities. About us: our supportive employment program offers individuals with disabilities the support and assistance they need to make long-term employment a reality. These individuals are afforded an opportunity to earn a competitive wage while contributing to the overall success of our society. We provide continuous job coaching and ongoing training for as long as the individual is working at no cost. Over 75% of our program partcipants have some form of disability. Some of the skills our team focuses on include but not limited to interpersonal skills: getting along with co-workers and supervisors; communication skills: listening, speaking clearly, following directions; developing the flexibility and comfort to work on a variety of tasks; productivity: providing quick and quality work that meets deadlines; organizational skills: setting priorities, completing assigned work; problem solving: making decisions, taking responsibility; personal appearance: hygiene and appropriate work attire.partnerships with other nonprofitswe also support the initiatives of other nonprofits within our community by donating food, labor and transportation services.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE ELECTRONIC TRANSMITTAL TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS VETERANS RESOURCE GROUPS (VRG)POLICY THAT EMPLOYEES AND OTHERS ACTING ON VRGS BEHALF MUST BE FREE FROM CONFLICTS OF INTEREST THAT COULD ADVERSELY INFLUENCE THEIR JUDGMENT, OBJECTIVITY OR LOYALTY TO THE ORGANIZATION IN CONDUCTING VRGS BUSINESS ACTIVITIES AND ASSIGNMENTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PARTY MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, THE INDIVIDUAL SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION IS DISCUSSED AND VOTED ON. THE REMAINING BOARD MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXIST. IF A CONFLICT OF INTEREST ,THE BOARD WILL DETERMINE AND DOCUMENT THE APPROPRIATE RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON SCHEDULING AN APPOINTMENT WITH A MEMBER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REFER TO VRGS OVERFLOW STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REFER TO VRGS OVERFLOW STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISSION: TO PROVIDE SUPPORTIVE EMPLOYMENT TO VETERANS AND INDIVIDUALS WITH DISABILITIES. ABOUT US: OUR SUPPORTIVE EMPLOYMENT PROGRAM OFFERS INDIVIDUALS WITH DISABILITIES THE SUPPORT AND ASSISTANCE THEY NEED TO MAKE LONG-TERM EMPLOYMENT A REALITY. THESE INDIVIDUALS ARE AFFORDED AN OPPORTUNITY TO EARN A COMPETITIVE WAGE WHILE CONTRIBUTING TO THE OVERALL SUCCESS OF OUR SOCIETY. WE PROVIDE CONTINUOUS JOB COACHING AND ONGOING TRAINING FOR AS LONG AS THE INDIVIDUAL IS WORKING AT NO COST. OVER 75% OF OUR PROGRAM PARTCIPANTS HAVE SOME FORM OF DISABILITY. SOME OF THE SKILLS OUR TEAM FOCUSES ON INCLUDE BUT NOT LIMITED TO INTERPERSONAL SKILLS: GETTING ALONG WITH CO-WORKERS AND SUPERVISORS; COMMUNICATION SKILLS: LISTENING, SPEAKING CLEARLY, FOLLOWING DIRECTIONS; DEVELOPING THE FLEXIBILITY AND COMFORT TO WORK ON A VARIETY OF TASKS; PRODUCTIVITY: PROVIDING QUICK AND QUALITY WORK THAT MEETS DEADLINES; ORGANIZATIONAL SKILLS: SETTING PRIORITIES, COMPLETING ASSIGNED WORK; PROBLEM SOLVING: MAKING DECISIONS, TAKING RESPONSIBILITY; PERSONAL APPEARANCE: HYGIENE AND APPROPRIATE WORK ATTIRE.PARTNERSHIPS WITH OTHER NONPROFITSWE ALSO SUPPORT THE INITIATIVES OF OTHER NONPROFITS WITHIN OUR COMMUNITY BY DONATING FOOD, LABOR AND TRANSPORTATION SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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