Civic Intelligence

Vetgroup Inc.

990EZ • Fiscal year 2021 • EIN 22-2840165

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

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

90th percentile

0.38x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • NTEE W • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2021 filings • NTEE W • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-31%

Higher net margin than 15% of similar nonprofits.

2021 filings • NTEE W • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$18,638

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2021 filings • NTEE W • <$500k nonprofits • Source year 2021

Asset Growth

4th percentile

-86%

Faster asset growth than 4% of similar nonprofits.

2021 filings • NTEE W • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • NTEE W • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$8,351

Down $51,336 (-86%) from 2020

Net Assets

Down

$5,137

Down $36,390 (-88%) from 2020

Liabilities

Down

$3,214

Down $14,946 (-82%) from 2020

Revenue

Down

$116,134

Down $16,727 (-13%) from 2020

Expenses

Down

$152,524

Down $3,463 (-2.2%) from 2020

Net Income

Down

-$36,390

Down $13,264 (-57%) from 2020

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

2021

Assets$8,351
Liabilities$3,214
Net Assets$5,137

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

2021

Revenue$116,134
Expenses$152,524
Net Income-$36,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$116,134
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-$119,285
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT SURTEESDirectorFT$18,638-$18,638
JOSEPH STARKEYDirectorPT$16,440-$16,440
FRANK STACKTreasurer-$0--
KENNETH HANSENVice President-$0--
RICHARD O'MEARAPresident-$0--
BERNARD SNYDERTrustee-$0--
BRIAN HOLTTrustee-$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
2022-11-15
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 Revenue.1

Insurance Claim $40927

Other Expenses.1002

Office Expenses $1255

Other Expenses.1009

Depreciation $5415

Other Expenses.1012

Insurance $16305

Other Expenses.1

Educational & other assistance $5162

Other Expenses.2

TELEPHONE $5046

Other Expenses.3

Equipment rental and maint. $3235

Other Expenses.4

AUTO $2085

Other Expenses.5

COMPUTER EXPENSE $1939

Other Expenses.6

BANK CHARGES $278

Other Expenses.7

LICENSES & PERMITS $60

Other Expenses.8

STATE FILING FEES $27

Other Assets.1001

Automobiles - Beginning $4873 Automobiles - Ending $0

Other Assets.1002

Furniture and Fixtures - Beginning $464 Furniture and Fixtures - Ending $222

Other Assets.1005

Accounts Receivable - Beginning $1650 Accounts Receivable - Ending $0

Other Assets.1006

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

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $3953 Prepaid Expenses and Deferred Charges - Ending $2210

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $11550 Accounts Payable and Accrued Expenses - Ending $1150

Total Liabilities.1

PAYROLL LIABILITY - Beginning $6610 PAYROLL LIABILITY - Ending $2064

Raw XML Appendix209 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/ExplanationTxt0Insurance Claim $40927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $5415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $16305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDUCATIONAL & OTHER ASSISTANCE $5162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE $5046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EQUIPMENT RENTAL AND MAINT. $3235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AUTO $2085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPUTER EXPENSE $1939
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BANK CHARGES $278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LICENSES & PERMITS $60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11STATE FILING FEES $27
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Automobiles - Beginning $4873 Automobiles - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Furniture and Fixtures - Beginning $464 Furniture and Fixtures - Ending $222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Receivable - Beginning $1650 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Pledges and Grants Receivable - Beginning $20000 Pledges and Grants Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Prepaid Expenses and Deferred Charges - Beginning $3953 Prepaid Expenses and Deferred Charges - Ending $2210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accounts Payable and Accrued Expenses - Beginning $11550 Accounts Payable and Accrued Expenses - Ending $1150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18PAYROLL LIABILITY - Beginning $6610 PAYROLL LIABILITY - Ending $2064
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222264838
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jump Perry and Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012 Lexington Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Toms River
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
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ReturnHeader/PreparerPersonGrp/PhoneNum07322407377
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHRYN PERRY CPA
ReturnHeader/ReturnTs02022-11-15T12:56:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STARKEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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