Civic Intelligence

Vetgroup Inc.

990EZ • Fiscal year 2020 • EIN 22-2840165

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

103 N Main StreetForked River, NJ 08731

(609) 971-7613

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.14x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Net Margin

26th percentile

-17%

Higher net margin than 26% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$33,988

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 25.6% of source-year revenue.

2020 filings • NTEE W • <$500k nonprofits • Source year 2020

Asset Growth

56th percentile

3.7%

Faster asset growth than 56% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-51%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • NTEE W • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$59,687

Up $2,128 (+3.7%) from 2019

Net Assets

Down

$41,527

Down $16,032 (-28%) from 2019

Liabilities

Up

$18,160

Up $18,160 from 2019

Revenue

Down

$132,861

Down $136,918 (-51%) from 2019

Expenses

Down

$155,987

Down $117,643 (-43%) from 2019

Net Income

Down

-$23,126

Down $19,275 (-501%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $119,691Liabilities 2010: $6,264Net Assets 2010: $113,4272010Assets 2011: $104,088Liabilities 2011: $29,570Net Assets 2011: $74,5182011Assets 2012: $82,809Liabilities 2012: $30,402Net Assets 2012: $52,4072012Assets 2013: $80,385Liabilities 2013: $33,118Net Assets 2013: $47,2672013Assets 2014: $72,446Liabilities 2014: $33,647Net Assets 2014: $38,7992014Assets 2015: $77,041Liabilities 2015: $26,482Net Assets 2015: $50,5592015Assets 2016: $122,904Liabilities 2016: $9,755Net Assets 2016: $113,1492016Assets 2017: $109,687Liabilities 2017: $13,622Net Assets 2017: $96,0652017Assets 2018: $75,454Liabilities 2018: $14,044Net Assets 2018: $61,4102018Assets 2019: $57,559Liabilities 2019: $0Net Assets 2019: $57,5592019Assets 2020: $59,687Liabilities 2020: $18,160Net Assets 2020: $41,5272020Assets 2021: $8,351Liabilities 2021: $3,214Net Assets 2021: $5,1372021Assets 2022: $27,453Liabilities 2022: $1,150Net Assets 2022: $26,3032022Assets 2023: $147,224Liabilities 2023: $11,841Net Assets 2023: $135,3832023Assets 2024: $198,445Liabilities 2024: $7,259Net Assets 2024: $191,1862024

Highlighted filing

2020

Assets$59,687
Liabilities$18,160
Net Assets$41,527

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $401,8722010Expenses 2011: $370,2972011Expenses 2012: $326,3672012Revenue 2013: $314,247Expenses 2013: $319,387Net Income 2013: -$5,1402013Revenue 2014: $288,548Expenses 2014: $297,016Net Income 2014: -$8,4682014Revenue 2015: $306,899Expenses 2015: $295,139Net Income 2015: $11,7602015Revenue 2016: $281,827Expenses 2016: $219,237Net Income 2016: $62,5902016Revenue 2017: $246,026Expenses 2017: $263,110Net Income 2017: -$17,0842017Revenue 2018: $249,519Expenses 2018: $284,174Net Income 2018: -$34,6552018Revenue 2019: $269,779Expenses 2019: $273,630Net Income 2019: -$3,8512019Revenue 2020: $132,861Expenses 2020: $155,987Net Income 2020: -$23,1262020Revenue 2021: $116,134Expenses 2021: $152,524Net Income 2021: -$36,3902021Revenue 2022: $113,359Expenses 2022: $92,193Net Income 2022: $21,1662022Revenue 2023: $376,568Expenses 2023: $267,488Net Income 2023: $109,0802023Revenue 2024: $316,300Expenses 2024: $260,497Net Income 2024: $55,8032024

Highlighted filing

2020

Revenue$132,861
Expenses$155,987
Net Income-$23,126
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$132,861
Mission and Program Overview

Mission

Provide job counseling and referrals, psychological drug and alcohol counseling and budget and finance assistance to veterans. Also, to provide emergency assistance to veterans facing homelessness and other emergencies

Program Services

DescriptionGrantsExpenses
PROVIDE JOB COUNSELING AND REFERRALS, PSYHCOLOGICAL DRUG AND ALCOHOL COUNSELING AND BUDGET AND FINANCE ASSISTANCCE TO VETERANS. ALSO, TO PROVIDE EMERGENCY ASSISTANCE TO VETERANS FACING HOMELESSNESS AND OTHER EMERGENCIES$118,420-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT SURTEESDirectorFT$33,988-$33,988
Frank StackTrustee-$0--
WILLIAM QUINNSecretary-$0--
Leonard Mueller IVPresident-$0--
Kenny HansenVice President-$0--
Richard O'MearaTrustee-$0--
BERNARD SNYDERTrustee-$0--
Brian HoltTrustee-$0--
CHRIS SHARPETrustee-$0--
Filing and Contact Details

Filer

Filer Name
Vetgroup Inc
EIN
22-2840165
Phone
6099717613
Address
103 N MAIN STREET, FORKED RIVER, NJ 08731

Signing Officer

Name
Joseph Starkey
Title
Director
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Jump Perry and Company LLP
Address
12 Lexington Avenue, Toms River, NJ 08753
Preparer
Kathryn Perry CPA
Phone
7322407377
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $3167

Other Expenses.1007

Conferences, Conventions, and Meetings $300

Other Expenses.1009

Depreciation $5415

Other Expenses.1012

Insurance $21798

Other Expenses.1

TELEPHONE $6849

Other Expenses.2

Educational & other assistance $5817

Other Expenses.3

Equipment rental and maint. $2971

Other Expenses.4

AUTO $2347

Other Expenses.5

BANK CHARGES $240

Other Expenses.6

STATE FILING FEES $200

Other Expenses.7

COMPUTER EXPENSE $159

Other Expenses.8

LICENSES & PERMITS $64

Other Expenses.9

DUES & SUBSCRIPTIONS $7

Other Assets.1001

Automobiles - Beginning $9745 Automobiles - Ending $4873

Other Assets.1002

Furniture and Fixtures - Beginning $706 Furniture and Fixtures - Ending $464

Other Assets.1005

Accounts Receivable - Beginning $10638 Accounts Receivable - Ending $1650

Other Assets.1006

Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $20000

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $2756 Prepaid Expenses and Deferred Charges - Ending $3953

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $6300 Accounts Payable and Accrued Expenses - Ending $11550

Total Liabilities.1

PAYROLL LIABILITY - Beginning $0 PAYROLL LIABILITY - Ending $6610

Raw XML Appendix218 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $3167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $5415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $21798
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TELEPHONE $6849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EDUCATIONAL & OTHER ASSISTANCE $5817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUIPMENT RENTAL AND MAINT. $2971
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AUTO $2347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK CHARGES $240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9STATE FILING FEES $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10COMPUTER EXPENSE $159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11LICENSES & PERMITS $64
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DUES & SUBSCRIPTIONS $7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Automobiles - Beginning $9745 Automobiles - Ending $4873
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Furniture and Fixtures - Beginning $706 Furniture and Fixtures - Ending $464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Receivable - Beginning $10638 Accounts Receivable - Ending $1650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $20000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Payable and Accrued Expenses - Beginning $6300 Accounts Payable and Accrued Expenses - Ending $11550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19PAYROLL LIABILITY - Beginning $0 PAYROLL LIABILITY - Ending $6610
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETGROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0VETG
ReturnHeader/Filer/EIN0222840165
ReturnHeader/Filer/PhoneNum06099717613
ReturnHeader/Filer/USAddress/AddressLine1Txt0103 N MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0FORKED RIVER
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012 Lexington Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Toms River
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008753
ReturnHeader/PreparerPersonGrp/PhoneNum07322407377
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHRYN PERRY CPA
ReturnHeader/ReturnTs02021-11-10T09:57:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STARKEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.07$1.91$3.16$2.60$0.56
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.12$1.35$3.77$2.67$1.09
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.13$0.92$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.03$0.05$1.16$1.53$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.18$0.42$1.33$1.56$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$2.70$2.74$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.14$0.61$2.50$2.84$0.35
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.14$0.96$2.46$2.63$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.23$0.10$1.13$2.82$2.19$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.26$0.51$3.07$2.95$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.34$0.39$2.89$2.97$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.33$0.47$3.14$3.19$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.30$0.52$3.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.30$0.75$3.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.06$1.13$4.02