Civic Intelligence

Vetransfer Inc

990EZ • Fiscal year 2014 • EIN 45-4847238

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 06, 2015

140 S First StreetMilwaukee, WI 53224

(414) 803-0612

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

3rd percentile

-89%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$44,989

Down $355,003 (-89%) from 2013

Net Assets

Down

$44,989

Down $355,003 (-89%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$0

Down $500,000 (-100%) from 2013

Expenses

Up

$355,003

Up $254,995 (+255%) from 2013

Net Income

Down

-$355,003

Down $754,995 (-189%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $399,992Liabilities 2013: $0Net Assets 2013: $399,9922013Assets 2014: $44,989Liabilities 2014: $0Net Assets 2014: $44,9892014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$44,989
Liabilities$0
Net Assets$44,989

Operations Trend

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

$500K$0-$500KRevenue 2013: $500,000Expenses 2013: $100,008Net Income 2013: $399,9922013Revenue 2014: $0Expenses 2014: $355,003Net Income 2014: -$355,0032014Revenue 2015: $0Expenses 2015: $44,989Net Income 2015: -$44,9892015

Highlighted filing

2014

Revenue$0
Expenses$355,003
Net Income-$355,003
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 6, 2015
Return Version
2014v5.0
Mission and Program Overview

Mission

The primary purpose of VETransfer is to provide relief to the distressed by improving entrpreneurship among members of the military veteran community; provide job stability for veterans through business ownership training and mentoring;and make grants and provide early stage start-up financial assistance to veteran-owned businesses. As a result, this will combat deterioration of the veteran community by providing support for economic self-sufficiency and lessening the burdens of government by supporting the veteran employment effort of the state and federal government.

Program Services

DescriptionGrantsExpenses
VETransfer provided a total of $120,000 to twelve veteran start-up businesses, who had completed required business training programs, for various operation and start-up expenses.$355,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas WichertPres/DirectorFT$0--
Greg MeyerSec/DirectorFT$0--
Jackie DarrDirector-$0--
Buddy JuliusDirector-$0--
Jay BayneDirector-$0--
Filing and Contact Details

Filer

Filer Name
Vetransfer Inc
EIN
45-4847238
Address
140 S First Street, MILWAUKEE, WI 53224

Signing Officer

Name
Greg Meyer
Title
Chairman
Signed
2015-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Dalin Lindseth & Co Sc
Address
4811 S 76th St Ste 414, Greenfield, WI 53220
Preparer
Jay L Lindseth CPA
Phone
2624399519
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: Start up business | Donee's Name: Augment-H LLC | Donee's Address: 7300 W State ST Wauwatosa, wi 53213 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.2

Class of Activity: Start up business | Donee's Name: Dead Foot Arms LLC | Donee's Address: 2080 West 9th Ave #188 Oshkosh, wi 54604 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.3

Class of Activity: Start up business | Donee's Name: Delistening | Donee's Address: 1101 N Market St Milwaukee, wi 53202 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.4

Class of Activity: Start up business | Donee's Name: Digital Iris | Donee's Address: 140 S 1st Street Milwaukee, wi 53204 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.5

Class of Activity: Start up business | Donee's Name: Iemagine Inc | Donee's Address: 750 N Lincoln Memorial Dr Milwaukee, wi 53212 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.6

Class of Activity: Start up business | Donee's Name: Phi Foods Systems Inc | Donee's Address: 3610 s 85th St Milwaukee, wi 53228 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.7

Class of Activity: Start up business | Donee's Name: Psyberfire | Donee's Address: 1101 N Market St Milwaukee, wi 53202 | Relationship of Donee: None | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.8

Class of Activity: Start up business | Donee's Name: Savy Ideas, Inc | Donee's Address: 1417 Madison St Waukesha, wi 53188 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.9

Class of Activity: Start up business | Donee's Name: Silly Monkey Animation STudio | Donee's Address: 1101 N Market St Milwaukee, WI 53202 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.10

Class of Activity: Start up business | Donee's Name: Tastee Bites, LLC | Donee's Address: W6967 County Road P Porterfield, WI 54159 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.11

Class of Activity: Start up business | Donee's Name: Vetcrafters | Donee's Address: 5835 S 92nd St Hales Corners, wi 53130 | Relationship of Donee: NONE | Cash Amount Given: $10000

Grants and Similar Amounts Paid In Excess of $5,000.12

Class of Activity: Start up business | Donee's Name: Life Without Barriers | Donee's Address: 140 S 1st Street Milwaukee, WI 53204 | Relationship of Donee: NONE | Cash Amount Given: $10000

Other Expenses.1001

Advertising and Promotion $65000

Other Expenses.1

Purchased services $140000

Other Expenses.2

Video production $30000

Other Expenses.3

Bank service charges $3

Raw XML Appendix154 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.

Path#Value
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IRS990EZ/AddressChangeInd0X
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IRS990EZ/BooksInCareOfDetail/PhoneNum04148030612
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0140 S First St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053204
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0399992
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IRS990EZ/ExcessOrDeficitForYearAmt0-355003
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form990TotalAssetsGrp/BOYAmt0399992
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0120000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0399992
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044989
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nicholas Wichert
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Greg Meyer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jackie Darr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Buddy Julius
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jay Bayne
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres/Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Sec/director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0235003
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The primary purpose of VETransfer is to provide relief to the distressed by improving entrpreneurship among members of the military veteran community; provide job stability for veterans through business ownership training and mentoring;and make grants and provide early stage start-up financial assistance to veteran-owned businesses. As a result, this will combat deterioration of the veteran community by providing support for economic self-sufficiency and lessening the burdens of government by supporting the veteran employment effort of the state and federal government.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VETransfer provided a total of $120,000 to twelve veteran start-up businesses, who had completed required business training programs, for various operation and start-up expenses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0355000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0355003
IRS990EZ/TotalProgramServiceExpensesAmt0355000
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0500000
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0500000
IRS990ScheduleA/TotalSupportAmt0500000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Start up business | Donee's Name: Augment-H LLC | Donee's Address: 7300 W State ST Wauwatosa, wi 53213 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: Start up business | Donee's Name: Dead Foot Arms LLC | Donee's Address: 2080 West 9th Ave #188 Oshkosh, wi 54604 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: Start up business | Donee's Name: Delistening | Donee's Address: 1101 N Market St Milwaukee, wi 53202 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Class of Activity: Start up business | Donee's Name: Digital Iris | Donee's Address: 140 S 1st Street Milwaukee, wi 53204 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Class of Activity: Start up business | Donee's Name: Iemagine Inc | Donee's Address: 750 N Lincoln Memorial Dr Milwaukee, wi 53212 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Class of Activity: Start up business | Donee's Name: Phi Foods Systems Inc | Donee's Address: 3610 s 85th St Milwaukee, wi 53228 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Class of Activity: Start up business | Donee's Name: Psyberfire | Donee's Address: 1101 N Market St Milwaukee, wi 53202 | Relationship of Donee: None | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Class of Activity: Start up business | Donee's Name: Savy Ideas, Inc | Donee's Address: 1417 Madison St Waukesha, wi 53188 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Class of Activity: Start up business | Donee's Name: Silly Monkey Animation STudio | Donee's Address: 1101 N Market St Milwaukee, WI 53202 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Class of Activity: Start up business | Donee's Name: Tastee Bites, LLC | Donee's Address: W6967 County Road P Porterfield, WI 54159 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Class of Activity: Start up business | Donee's Name: Vetcrafters | Donee's Address: 5835 S 92nd St Hales Corners, wi 53130 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Class of Activity: Start up business | Donee's Name: Life Without Barriers | Donee's Address: 140 S 1st Street Milwaukee, WI 53204 | Relationship of Donee: NONE | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Advertising and Promotion $65000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Purchased services $140000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Video production $30000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Bank service charges $3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Grants and Similar Amounts Paid In Excess of $5,000.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Grants and Similar Amounts Paid In Excess of $5,000.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Grants and Similar Amounts Paid In Excess of $5,000.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Grants and Similar Amounts Paid In Excess of $5,000.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Grants and Similar Amounts Paid In Excess of $5,000.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Grants and Similar Amounts Paid In Excess of $5,000.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Grants and Similar Amounts Paid In Excess of $5,000.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.3
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Greg Meyer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETRANSFER INC
ReturnHeader/Filer/BusinessNameControlTxt0VETR
ReturnHeader/Filer/EIN0454847238
ReturnHeader/Filer/USAddress/AddressLine1Txt0140 S First Street
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053224
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DALIN LINDSETH & CO SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04811 S 76th St Ste 414
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053220
ReturnHeader/PreparerPersonGrp/PhoneNum02624399519
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY L LINDSETH CPA
ReturnHeader/ReturnTs02015-11-13T10:32:41-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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