Civic Intelligence

Veteran Owned Business Roundtable

990EZ • Fiscal year 2018 • EIN 45-3087103

Jan 01, 2018 to Dec 31, 2018 • Filed on May 08, 2019

7205 Sterling Ponds CourtSterling Heights, MI 48312

(586) 722-1557

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

68th percentile

10.0%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$60,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 56.1% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

98th percentile

185%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

45%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$16,424

Up $10,667 (+185%) from 2017

Net Assets

Up

$16,424

Up $10,667 (+185%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$106,894

Up $33,027 (+45%) from 2017

Expenses

Up

$96,227

Up $3,422 (+3.7%) from 2017

Net Income

Up

$10,667

Up $29,605 (+156%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $5,757Liabilities 2017: $0Net Assets 2017: $5,7572017Assets 2018: $16,424Liabilities 2018: $0Net Assets 2018: $16,4242018Assets 2019: $6,405Liabilities 2019: $0Net Assets 2019: $6,4052019Assets 2020: $15,303Liabilities 2020: $0Net Assets 2020: $15,3032020Assets 2021: $48,632Liabilities 2021: $0Net Assets 2021: $48,6322021Assets 2022: $42,277Liabilities 2022: $0Net Assets 2022: $42,2772022Assets 2023: $52,400Liabilities 2023: $1,400Net Assets 2023: $51,0002023Assets 2024: $50,796Liabilities 2024: $1,400Net Assets 2024: $49,3962024

Highlighted filing

2018

Assets$16,424
Liabilities$0
Net Assets$16,424

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $73,867Expenses 2017: $92,805Net Income 2017: -$18,9382017Revenue 2018: $106,894Expenses 2018: $96,227Net Income 2018: $10,6672018Revenue 2019: $106,920Expenses 2019: $116,939Net Income 2019: -$10,0192019Revenue 2020: $112,428Expenses 2020: $103,530Net Income 2020: $8,8982020Revenue 2021: $129,575Expenses 2021: $96,246Net Income 2021: $33,3292021Revenue 2022: $120,318Expenses 2022: $126,673Net Income 2022: -$6,3552022Revenue 2023: $132,513Expenses 2023: $123,790Net Income 2023: $8,7232023Revenue 2024: $145,419Expenses 2024: $147,023Net Income 2024: -$1,6042024

Highlighted filing

2018

Revenue$106,894
Expenses$96,227
Net Income$10,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 8, 2019
Return Version
2018v3.1
Gross Receipts
$121,514
Mission and Program Overview

Mission

Promote veteran owned businesses

Program Services

DescriptionGrantsExpenses
APPOINTED FCA US REP SIG HUBER AS HONORARY CHAIRMAN AND HONDA PURCHASING SENIOR VP TOM LAKE AS PRESIDENT OF VOBRT CORPORATE ADVISORY BOARD--
DEVELOPED THE ACCESS TO CAPITAL PROGRAM TO EDUCATE VETERAN BUSINESS OWNERS ON ESTABLISHING BUSINESS CREDIT & ACCESS TO AN ONLINE PORTAL TO PROVIDE FINANCIAL RESOURCES--
COORDINATED & MANAGED A SOLD OUT EVENT WITH 144 ATTENDEES IN AUG 2018 VOBRTS 5TH ANNUAL GOLF OUTING HELPS SUPPORT THE PROGRAMS AND CONNECTS VETERAN BUSINESS WITH CORP OPPORTUNITY--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER VAZQUEZExecutive DirectorFT$60,000-$60,000
RODERICK RICKMANPresident-$0--
WARREN UNDERWOODVice President-$0--
LARRY BEGIN2nd Vice President-$0--
TONY TARKOWSKISecretary-$0--
ERIC PETERSONTreasurer-$0--
GEORGE P BARNES JRDirector-$0--
MICHAEL EVANGELISTADirector-$0--
DAVE CHRISTIEDirector-$0--
JOHN HENDERSONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$33,876$33,876$2,550$31,326
Total Events$33,876$33,876$14,620$19,256
Filing and Contact Details

Filer

Filer Name
Veteran Owned Business Roundtable
EIN
45-3087103
Address
7205 STERLING PONDS COURT, STERLING HEIGHTS, MI 48312

Signing Officer

Name
Eric Peterson
Title
Treasurer
Phone
5867221557
Signed
2019-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Carnaghi & Schwark Pllc
Address
30435 GROESBECK HIGHWAY, ROSEVILLE, MI 48066
Preparer
Douglas Schwark
Phone
5867798010
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountadvertising 1,880conferences/travel 14,894office expense 457business development 13,145computer & internet 2,901dues & subscriptions 30processing fees 1,820executive director fee 60,000

Other program services Part III line 31

Coordinated meeting with the center for verification and evaluation (cve)* and over 20 local and 2018 fortune 500* companies to address adopting the verification process of the veterans first contracting program* and eligibility for veteran business owners to be verified as a service-disabled veteran owned small businesses (sdvosb) or veteran owned small businesses (vosb).

Raw XML Appendix166 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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IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTADVERTISING 1,880CONFERENCES/TRAVEL 14,894OFFICE EXPENSE 457BUSINESS DEVELOPMENT 13,145COMPUTER & INTERNET 2,901DUES & SUBSCRIPTIONS 30PROCESSING FEES 1,820EXECUTIVE DIRECTOR FEE 60,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COORDINATED MEETING WITH THE CENTER FOR VERIFICATION AND EVALUATION (CVE)* AND OVER 20 LOCAL AND 2018 FORTUNE 500* COMPANIES TO ADDRESS ADOPTING THE VERIFICATION PROCESS OF THE VETERANS FIRST CONTRACTING PROGRAM* AND ELIGIBILITY FOR VETERAN BUSINESS OWNERS TO BE VERIFIED AS A SERVICE-DISABLED VETERAN OWNED SMALL BUSINESSES (SDVOSB) OR VETERAN OWNED SMALL BUSINESSES (VOSB).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other program services Part III line 31
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05867221557
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETERAN OWNED BUSINESS ROUNDTABLE
ReturnHeader/Filer/BusinessNameControlTxt0VETE
ReturnHeader/Filer/EIN0453087103
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ReturnHeader/FilingSecurityInformation/IPTm013:56:33
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ReturnHeader/PreparerPersonGrp/PhoneNum05867798010
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS SCHWARK
ReturnHeader/ReturnTs02019-05-15T13:54:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings