Civic Intelligence

Forvets Inc

EIN 46-0574444 • 501(c)3 • Bell, FL

Profile

To facilitate adaptive living accommodations, advanced and vocatoinal education, specialized therapeutic services, adaptive workshop enterprises and employemnt services, recreational activities and lifestyle adjustment for disabled veterans and their families.

PO Box 189Bell, FL 32619

forvets.us

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

19th percentile

-29%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-29%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

25th percentile

-30%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$222,533

Down $66,926 (-23%) from 2023

Liabilities

Down

$0

Down $14,679 (-100%) from 2023

Net Assets

Down

$222,533

Down $52,247 (-19%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin19th percentile

Revenue

Down

$236,356

Down $67,019 (-22%) from 2023

Expenses

Up

$303,847

Up $21,509 (+7.6%) from 2023

Net Income

Down

-$67,491

Down $88,528 (-421%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$600K$400K$200K$0Assets 2015: $67,469Liabilities 2015: $22,135Net Assets 2015: $45,3342015Assets 2016: $90,620Liabilities 2016: $19,659Net Assets 2016: $70,9612016Assets 2017: $92,058Liabilities 2017: $16,354Net Assets 2017: $75,7042017Assets 2018: $142,032Liabilities 2018: $16,531Net Assets 2018: $125,5012018Assets 2019: $174,283Liabilities 2019: $16,997Net Assets 2019: $157,2852019Assets 2020: $216,772Liabilities 2020: $19,724Net Assets 2020: $197,0482020Assets 2021: $456,877Liabilities 2021: $80,671Net Assets 2021: $376,2062021Assets 2022: $443,713Liabilities 2022: $189,970Net Assets 2022: $253,7432022Assets 2023: $289,459Liabilities 2023: $14,679Net Assets 2023: $274,7802023Assets 2024: $222,533Liabilities 2024: $0Net Assets 2024: $222,5332024

Highlighted filing

2024

Assets$222,533
Liabilities$0
Net Assets$222,533
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $49,404Expenses 2015: $6,091Net Income 2015: $43,3132015Revenue 2016: $37,845Expenses 2016: $1,443Net Income 2016: $36,4022016Revenue 2017: $10,280Expenses 2017: $197Net Income 2017: $10,0832017Revenue 2018: $32,027Expenses 2018: $50Net Income 2018: $31,9772018Revenue 2019: $32,566Expenses 2019: $0Net Income 2019: $32,5662019Revenue 2020: $18,854Expenses 2020: $0Net Income 2020: $18,8542020Revenue 2021: $177,974Expenses 2021: $0Net Income 2021: $177,9742021Revenue 2022: $476,994Expenses 2022: $599,457Net Income 2022: -$122,4632022Revenue 2023: $303,375Expenses 2023: $282,338Net Income 2023: $21,0372023Revenue 2024: $236,356Expenses 2024: $303,847Net Income 2024: -$67,4912024

Highlighted filing

2024

Revenue$236,356
Expenses$303,847
Net Income-$67,491
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$222,533
Liabilities
$0
Net assets
$222,533
Revenue
$236,356
Expenses
$303,847
Net income
-$67,491
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$2.36$3.04$0.67
2023Detailed filing. Detailed filing data is available for this year.$2.89$0.15$2.75$3.03$2.82$0.21
2022Detailed filing. Detailed filing data is available for this year.$4.44$1.90$2.54$4.77$5.99$1.22
2021Detailed filing. Detailed filing data is available for this year.$4.57$0.81$3.76$1.78$0.00$1.78
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.20$1.97$0.19$0.00$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.74$0.17$1.57$0.33$0.00$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.42$0.17$1.26$0.32$0.00$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.16$0.76$0.10$0.00$0.10
2016Summary only. Only limited summary data is available for this year.$0.91$0.20$0.71$0.38$0.01$0.36
2015Summary only. Only limited summary data is available for this year.$0.67$0.22$0.45$0.49$0.06$0.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$236,356
Mission and Program Overview

Mission

To facilitate adaptive living accommodations, advanced and vocatoinal education, specialized therapeutic services, adaptive workshop enterprises and employemnt services, recreational activities and lifestyle adjustment for disabled veterans and their families.

Military veterans with orthopedic disabilities through providing adaptive facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$223,401$186,279▼ $37,122
Land, Buildings, and Equipment, Net$66,058$36,254▼ $29,804
Accounts Receivable$0$0→ $0
Total Assets$289,459$222,533▼ $66,926
Liabilities
Accounts Payable and Accrued Expenses$7,359$0▼ $7,359
Mortgage Notes Payable Secured by Investment Property$7,320$0▼ $7,320
Total Liabilities$14,679$0▼ $14,679
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$274,780$222,533▼ $52,247
Total Net Assets Fund Balance$274,780$222,533▼ $52,247
Total Liabilities and Net Assets / Fund Balance$289,459$222,533▼ $66,926

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,254$29,804$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Dan CavanahPresidentPT$34,999$34,999

Board Members and Trustees

NameTitle
Robert WellsVice President
Carol GrahamOfficer
Clore DiceOfficer
Lee StraderOfficer
Melvin SmithOfficer
Stacy CollinsOfficer
Wesley CollinsOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$233,509
Investment Income
$0
Other Revenue
$2,847
All Other Contributions
$0
Change in Net Assets
$-67,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$188,962
Other Expenses$114,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,963--$153,963
Current Officers, Directors, Trustees, and Key Employees$0$34,999-$34,999
Insurance$0$25,003-$25,003
Advertising$0$13,039-$13,039
Depreciation Depletion$3,446$3,446-$6,892
Other Expenses-$1,950-$1,950
Fees for Services Accounting$924--$924
Office Expenses$0$335-$335
Travel$0$217-$217
Total Functional Expenses$158,333$145,514$0$303,847
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

Part VI, Line 11B

“Form 990 was reviewed with the board of directors individually.”

Part VI, Line 12C

“Board members are asked to annually list related parties and potentinal conflicts of interest.”

Part VI, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Forvets Inc
EIN
46-0574444
Phone
9869351206
Address
PO BOX 189, BELL, FL 32619

Signing Officer

Name
Dan Cavanah
Title
President
Phone
9869351206
Signed
2025-05-15

Organization Details

Principal Officer
Dan Cavanah
Formed
2013
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7
Raw XML Appendix355 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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DAN CAVANAH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(A) NAME OF PERSON: DAN CAVANAH (C) PURPOSE OF LOAN: INITAL WORKING CAPITAL
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART II,
IRS990ScheduleL/TotalBalanceDueAmt00
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS REVIEWED WITH THE BOARD OF DIRECTORS INDIVIDUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ASKED TO ANNUALLY LIST RELATED PARTIES AND POTENTINAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0289459
IRS990/TotalAssetsEOYAmt0222533
IRS990/TotalAssetsGrp/BOYAmt0289459
IRS990/TotalAssetsGrp/EOYAmt0222533
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0145514
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0158333
IRS990/TotalFunctionalExpensesGrp/TotalAmt0303847
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014679
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt014679
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0274780
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0222533
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt0233509
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0236356
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0236356
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0289459
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0222533
IRS990/TravelGrp/ManagementAndGeneralAmt0217
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0217
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 189
IRS990/USAddress/CityNm0BELL
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032619
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTPS://FORVETS.US/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN CAVANAH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09869351206
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORVETS INC
ReturnHeader/Filer/BusinessNameControlTxt0FORV
ReturnHeader/Filer/EIN0460574444
ReturnHeader/Filer/PhoneNum09869351206
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 189
ReturnHeader/Filer/USAddress/CityNm0BELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032619
ReturnHeader/ReturnTs02025-05-15T22:44:06Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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