Civic Intelligence

Veterans Foundation of North Carolina Inc

EIN 34-2029640 • 501(c)3 • Raleigh, NC

Profile

To aid veteran Programs that support veterans and their families and promote veteran awareness

PO Box 25042Raleigh, NC 27611

www.veteransfoundationofnc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE W30 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

69th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE W30 • <$500k nonprofits • Source year 2025

Net Margin

56th percentile

18%

Higher net margin than 56% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Source year 2025

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE W30 • <$500k nonprofits • Source year 2025

Asset Growth

54th percentile

4.0%

Faster asset growth than 54% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

47%

Faster revenue growth than 76% of similar nonprofits.

NTEE W30 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$337,691

Down $51,965 (-13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$337,691

Down $51,965 (-13%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin56th percentile

Revenue

Down

$52,229

Down $26,331 (-34%) from 2023

Expenses

Up

$104,194

Up $20,284 (+24%) from 2023

Net Income

Down

-$51,965

Down $46,615 (-871%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2021: $379,106Liabilities 2021: $0Net Assets 2021: $379,1062021Assets 2022: $395,006Liabilities 2022: $0Net Assets 2022: $395,0062022Assets 2023: $389,656Liabilities 2023: $0Net Assets 2023: $389,6562023Assets 2024: $337,691Liabilities 2024: $0Net Assets 2024: $337,6912024

Highlighted filing

2024

Assets$337,691
Liabilities$0
Net Assets$337,691
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $195,194Expenses 2021: $37,673Net Income 2021: $157,5212021Revenue 2022: $72,285Expenses 2022: $56,385Net Income 2022: $15,9002022Revenue 2023: $78,560Expenses 2023: $83,910Net Income 2023: -$5,3502023Revenue 2024: $52,229Expenses 2024: $104,194Net Income 2024: -$51,9652024

Highlighted filing

2024

Revenue$52,229
Expenses$104,194
Net Income-$51,965
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,691
Liabilities
$0
Net assets
$337,691
Revenue
$52,229
Expenses
$104,194
Net income
-$51,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.52$1.04$0.52
2023Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.79$0.84$0.05
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$0.72$0.56$0.16
2021Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$1.95$0.38$1.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 21, 2025
Return Version
2024v5.0
Gross Receipts
$52,229
Mission and Program Overview

Mission

To aid veteran Programs that support veterans and their families and promote veteran awareness

Program Services

DescriptionGrantsExpenses
Lend support to the VFW's Voice of Democracy college scholarship program for veteran children. Seventeen (17) high school children win scholarships annually.$21,000$21,000
Veterans Healing Farm- This program helps veterans transition from military life back into the civilian sector. They provide workshops and multiple training programs.$15,000$15,000
Triad Honor Flights: This program is for senior and disabled veterans by honoring them on one last mission, flying them to see the memorials in Washington DC. Each flight has 30 to 50 veterans.$15,000$15,000
Joel Fund - provides homeless veterans recently rehomed with household goods.$12,000$12,000
Footbridge Dental Services: this program provides free dental to veterans and their families. The dentists treat approximately 90 veteran family members per clinic.$10,000$10,000
Vets to Vets: This program provides dogs and training for service animals to veterans$10,000$10,000
Guitars for Veterans: This program to teachs Veterans with PTSD to play guitars and issues one free guitar. Five(5) to Ten (10) veterans per class$8,000$8,000
Peace Reins - Helps Veterans with PTSD regain focus by working with animals$6,000$6,000
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken SellersPresident-$0--
Nichole CampbellTreasurer-$0--
Matt LyallMember-$0--
Doug MarshallMember-$0--
Joe CaradonnaMember-$0--
Tammy D CrawfordMember-$0--
Elree SmithMember-$0--
Larry ColemanBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Veterans Foundation of North Carolina Inc
EIN
34-2029640
Phone
9196986270
Address
PO Box 25042, Raleigh, NC 27611

Signing Officer

Name
Larry Coleman
Title
CFO
Phone
9196866270
Signed
2025-04-21
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Vets to Vets: This program provides dogs and training for service animals to veterans - $10,000 Guitars for Vets: This program provides guitars and training for veterans $8,000 Honor Flights: This program provides veterans trips to DC for monument visits $15,000 Peace Reigns: This program provides equine therapy for veterans $6,000 The Joel Fund: This program provides art therapy for veterans and assists with homelessness $12,000 Voice of Democracy - Lends support to the VFWs Voice of Democracy college scholarships program for children $21,000 Footbridge Dental - Provides free dental programs to veterans and their families $1000 Veterans Healing Farm - helps veterans transition from military life back into the civilian sector $15,000”

Form 990-EZ, Part I, Line 16

“Business Registration Fees $60 General Supplies $114 Website Domain and email hosting $708, Travel and meetings $249 Misc expenses $114”

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/ExplanationTxt0Vets to Vets: This program provides dogs and training for service animals to veterans - $10,000 Guitars for Vets: This program provides guitars and training for veterans $8,000 Honor Flights: This program provides veterans trips to DC for monument visits $15,000 Peace Reigns: This program provides equine therapy for veterans $6,000 The Joel Fund: This program provides art therapy for veterans and assists with homelessness $12,000 Voice of Democracy - Lends support to the VFWs Voice of Democracy college scholarships program for children $21,000 Footbridge Dental - Provides free dental programs to veterans and their families $1000 Veterans Healing Farm - helps veterans transition from military life back into the civilian sector $15,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Business Registration Fees $60 General Supplies $114 Website Domain and email hosting $708, Travel and meetings $249 Misc expenses $114
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Larry Coleman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09196866270
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETERANS FOUNDATION OF NORTH CAROLINA INC
ReturnHeader/Filer/BusinessNameControlTxt0VETE
ReturnHeader/Filer/EIN0342029640
ReturnHeader/Filer/PhoneNum09196986270
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 25042
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027611
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-21T12:14:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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