Civic Intelligence

Project Veterans Pride

990 • Fiscal year 2017 • EIN 36-4706077

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 11, 2019

3039 W Peoria AvePhoenix, AZ 85029

(602) 694-7598

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

51st percentile

3.6%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

93rd percentile

130%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

76th percentile

24%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Up

$127,692

Up $103,596 (+430%) from 2015

Net Assets

Up

$127,692

Up $103,596 (+430%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$376,604

Up $133,070 (+55%) from 2015

Expenses

Up

$362,901

Up $130,767 (+56%) from 2015

Net Income

Up

$13,703

Up $2,303 (+20%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $24,096Liabilities 2015: $0Net Assets 2015: $24,0962015Assets 2017: $529,175Liabilities 2017: $252,596Net Assets 2017: $276,5792017Assets 2017: $127,692Liabilities 2017: $0Net Assets 2017: $127,6922017Assets 2018: $905,087Liabilities 2018: $536,688Net Assets 2018: $368,3992018Assets 2019: $914,570Liabilities 2019: $513,831Net Assets 2019: $400,7392019Assets 2020: $886,183Liabilities 2020: $507,186Net Assets 2020: $378,9972020Assets 2021: $814,867Liabilities 2021: $504,044Net Assets 2021: $310,8232021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$127,692
Liabilities$0
Net Assets$127,692

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $243,534Expenses 2015: $232,134Net Income 2015: $11,4002015Revenue 2017: $376,595Expenses 2017: $400,477Net Income 2017: -$23,8822017Revenue 2017: $376,604Expenses 2017: $362,901Net Income 2017: $13,7032017Revenue 2018: $652,260Expenses 2018: $411,553Net Income 2018: $240,7072018Revenue 2019: $459,558Expenses 2019: $427,218Net Income 2019: $32,3402019Revenue 2020: $559,215Expenses 2020: $580,356Net Income 2020: -$21,1412020Revenue 2021: $353,042Expenses 2021: $421,216Net Income 2021: -$68,1742021Revenue 2022: -$153,561Expenses 2022: $157,262Net Income 2022: -$310,8232022

Highlighted filing

2017

Revenue$376,604
Expenses$362,901
Net Income$13,703
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 11, 2019
Return Version
2017v2.3
Gross Receipts
$376,604
Mission and Program Overview

Mission

Our mission is to have every homeless veteran gain back their pride and dignity so that they can return to society as a self-sufficient and productive member once again. To accomplish our mission, we provide male homeless veterans 90 days of transitional housing at the james walton home in phoenix, arizona.

Our mission is to have every homeless veteran gain back their pride and dignity so that they can return to society as a self-sufficient and productive member once again.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$88,383$67,216▼ $21,167
Land, Buildings, and Equipment, Net-$15,958-
Cash and Non-Interest-Bearing Accounts$7,844$3,139▼ $4,705
Total Assets$117,093$127,692▲ $10,599
Other Assets Total$20,866$41,379▲ $20,513
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$98,519$153,544▲ $55,025
Unrestricted Net Assets$18,574$-25,852▼ $44,426
Total Net Assets Fund Balance$117,093$127,692▲ $10,599
Total Liabilities and Net Assets / Fund Balance$117,093$127,692▲ $10,599

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,958$2,890$18,848
Other Assets Org$39,379--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$98,519$94,404-$39,379$153,544
2016-$98,519--$98,519
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christeen VerchotChairman PresidentFT$48,368$48,368

Board Members and Trustees

NameTitle
Michael DuganVice-president Until 11/15/17 Director
Gerald SchallerVice-presidentfrom 11/15/17
John FerraraDirector
David LinhartDirector From 11/15/17
Michael DuganDirector From 11/15/17
Raymond GomezDirector From 11/15/17
Tara Meghan SwaniganDirector From 11/15/17
David BoydDirector Until 11/15/17
Donald MeachamDirector Until 11/15/17
Erica RiceDirector Until 11/15/17
Joan SiscoDirector Until 11/15/17
Dollie ChauvinSecretary
Kenneth SpeerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$376,595
Program Service Revenue
$0
Investment Income
$9
Other Revenue
$0
All Other Contributions
$74,136
Change in Net Assets
$13,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$215,324
Other Expenses$147,577
Total Fundraising Expense$14,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,552$16,603$5,535$110,690
Occupancy$77,661--$77,661
Payroll Taxes$45,013$8,440$2,813$56,266
Current Officers, Directors, Trustees, and Key Employees$38,694$4,837$4,837$48,368
Other Expenses$31,423--$31,423
Travel$8,652--$8,652
Insurance$4,248$2,093$134$6,475
Office Expenses$1,471$2,022$184$3,677
Depreciation Depletion$2,890--$2,890
Fees for Services Other$768$1,253$768$2,789
Fees for Services Accounting-$1,408-$1,408
Advertising$556-$556$1,112
Information Technology$385--$385
Fees for Services Legal-$174-$174
Total Functional Expenses$311,244$36,830$14,827$362,901
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11B

The treasurer of the organization distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section B, Line 15

The board may hire and compensate individuals for necessary services rendered to the organization so long as such compensation is reasonable. The board shall determine reasonable compensation amounts based upon compensation paid by similarly situated nonprofits for like services. An individual who is a member of the board who receives compensation, directly or indirectly from the organization for services, is precluded from participating in discussions or votes pertaining to their own compensation.

Form 990, Part VI, Section C, Line 19

The organization will provide in a timely manner, financial statements, and governing documents including its conflict of interest policies when requested in writing or in person.

Filing and Contact Details

Filer

Filer Name
Project Veterans Pride
EIN
36-4706077
Phone
6026947598
Address
3039 W PEORIA AVE, PHOENIX, AZ 85029
Doing Business As
The James Walton Home

Signing Officer

Name
Christeen Verchot
Title
Chairman President
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christeen Vorchot
Formed
2011
Legal Domicile
Az
Voting Board Members
10
Independent Board Members
9
Employees
9
Volunteers
13

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section B, Line AMENDED

The return is being amended to correct the balance sheet reporting on items that should be in the 2018 return and not the 2017 return as well as corrections to sch a, and the addition of sch b and sch d. Other minor changes were made, such as capitalizing zoning and pre-construction costs to building and correction of the board listing.

Financial Statement Notes

V 4

The organizations temporarily restricted funds relate to the construction of the james walton home.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN PRESIDENT
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IRS990/OfficeExpensesGrp/TotalAmt03677
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020866
IRS990/OtherAssetsTotalGrp/EOYAmt041379
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Resident Services
IRS990/OtherExpensesGrp/Desc1Resident Food Services
IRS990/OtherExpensesGrp/ProgramServicesAmt010931
IRS990/OtherExpensesGrp/ProgramServicesAmt131423
IRS990/OtherExpensesGrp/TotalAmt010931
IRS990/OtherExpensesGrp/TotalAmt131423
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05535
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016603
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088552
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110690
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02813
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08440
IRS990/PayrollTaxesGrp/ProgramServicesAmt045013
IRS990/PayrollTaxesGrp/TotalAmt056266
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Christeen Vorchot
IRS990/PriorPeriodAdjustmentsAmt0-3104
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0419923
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0133195
IRS990/PYRevenuesLessExpensesAmt097554
IRS990/PYSalariesCompEmpBnftPaidAmt0189177
IRS990/PYTotalExpensesAmt0322372
IRS990/PYTotalRevenueAmt0419926
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013703
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt088383
IRS990/SavingsAndTempCashInvstGrp/EOYAmt067216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0376595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0419923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0243534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt084309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0213744
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01338105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01338105
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0376595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0419923
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt084309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0213744
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01338105
IRS990ScheduleA/TotalSupportAmt01338117
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt098519
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt094404
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0153544
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt039379
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt098519
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt098519
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt015958
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02890
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018848
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt139379
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Resident Building-CIP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS TEMPORARILY RESTRICTED FUNDS RELATE TO THE CONSTRUCTION OF THE JAMES WALTON HOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0V 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015958
IRS990ScheduleD/TotalBookValueOtherAssetsAmt041379
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. AN INDIVIDUAL WHO IS A MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES, IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES WHEN REQUESTED IN WRITING OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN IS BEING AMENDED TO CORRECT THE BALANCE SHEET REPORTING ON ITEMS THAT SHOULD BE IN THE 2018 RETURN AND NOT THE 2017 RETURN AS WELL AS CORRECTIONS TO SCH A, AND THE ADDITION OF SCH B AND SCH D. OTHER MINOR CHANGES WERE MADE, SUCH AS CAPITALIZING ZONING AND PRE-CONSTRUCTION COSTS TO BUILDING AND CORRECTION OF THE BOARD LISTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part I, Section B, Line AMENDED
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt098519
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0153544
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0117093
IRS990/TotalAssetsEOYAmt0127692
IRS990/TotalAssetsGrp/BOYAmt0117093
IRS990/TotalAssetsGrp/EOYAmt0127692
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0376595
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014827
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036830
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0311244
IRS990/TotalFunctionalExpensesGrp/TotalAmt0362901
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0117093
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0127692
IRS990/TotalProgramServiceExpensesAmt0311244
IRS990/TotalReportableCompFromOrgAmt048368
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0376604
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117093
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0127692
IRS990/TravelGrp/ProgramServicesAmt08652
IRS990/TravelGrp/TotalAmt08652
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt018574
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-25852
IRS990/UponRequestInd0X

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