Civic Intelligence

Veteran Empowerment Through Motorsports Inc.

990EZ • Fiscal year 2019 • EIN 46-1521553

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 29, 2020

3097 Herrick RoadUpper Arlington, OH 43221

(614) 563-8634

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.64x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

20th percentile

-15%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

5th percentile

-76%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

6.3%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,695

Down $11,782 (-76%) from 2018

Net Assets

Down

$1,313

Down $11,782 (-90%) from 2018

Liabilities

Flat

$2,382

Flat from 2018

Revenue

Up

$80,536

Up $4,750 (+6.3%) from 2018

Expenses

Up

$92,317

Up $19,347 (+27%) from 2018

Net Income

Down

-$11,781

Down $14,597 (-518%) from 2018

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2013: $10,200Liabilities 2013: $3,268Net Assets 2013: $6,9322013Assets 2014: $10,627Liabilities 2014: $3,029Net Assets 2014: $7,5982014Assets 2015: $13,019Liabilities 2015: $3,029Net Assets 2015: $9,9902015Assets 2016: $5,211Liabilities 2016: $3,029Net Assets 2016: $2,1822016Assets 2017: $12,660Liabilities 2017: $2,382Net Assets 2017: $10,2782017Assets 2018: $15,477Liabilities 2018: $2,382Net Assets 2018: $13,0952018Assets 2019: $3,695Liabilities 2019: $2,382Net Assets 2019: $1,3132019Assets 2020: $8,732Liabilities 2020: $2,382Net Assets 2020: $6,3502020Assets 2021: $25,296Liabilities 2021: $979Net Assets 2021: $24,3172021Assets 2022: $24,418Liabilities 2022: $979Net Assets 2022: $23,4392022Assets 2023: $25,530Liabilities 2023: $0Net Assets 2023: $25,5302023

Highlighted filing

2019

Assets$3,695
Liabilities$2,382
Net Assets$1,313

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $24,611Expenses 2013: $17,679Net Income 2013: $6,9322013Revenue 2014: $23,680Expenses 2014: $23,014Net Income 2014: $6662014Revenue 2015: $38,265Expenses 2015: $35,873Net Income 2015: $2,3922015Revenue 2016: $19,553Expenses 2016: $27,361Net Income 2016: -$7,8082016Revenue 2017: $32,934Expenses 2017: $24,838Net Income 2017: $8,0962017Revenue 2018: $75,786Expenses 2018: $72,970Net Income 2018: $2,8162018Revenue 2019: $80,536Expenses 2019: $92,317Net Income 2019: -$11,7812019Revenue 2020: $31,264Expenses 2020: $26,228Net Income 2020: $5,0362020Revenue 2021: $54,178Expenses 2021: $36,212Net Income 2021: $17,9662021Revenue 2022: $36,438Expenses 2022: $37,318Net Income 2022: -$8802022Revenue 2023: $10,243Expenses 2023: $8,152Net Income 2023: $2,0912023

Highlighted filing

2019

Revenue$80,536
Expenses$92,317
Net Income-$11,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 29, 2020
Return Version
2019v5.0
Gross Receipts
$80,536
Mission and Program Overview

Mission

Vetmotorsports honors and empowers disabled combat veterans through active participation in motor sports.

Program Services

DescriptionGrantsExpenses
INCREASED WOUNDED COMBAT VETERAN VALUE AND AWARENESS THROUGH OUTREACH AND MEDIA EVENTS.-$50,758
FACILITATED A NATIONAL NON-CLINICAL OUTREACH PROGRAM WORKING WITH OVER 68 POST 9-11 WOUNDED COMBAT VETERANS.-$28,781
EXPANDED OUR OUTREACH WITHIN THE SPORTS CAR CLUB OF AMERICA.-$9,210
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER A CLINEExecutive Di-$0--
BERNARD L WILLIS LT COL USAF ANGPresident-$0--
JOE BIANCO LT COL USMCVice Preside-$0--
RICK ROZZELLTreasurer-$0--
STEPHANIE STEVESecretary-$0--
JESSICA CLUCTHEYTrustee-$0--
JASMINE DAVISTrustee-$0--
DAN PARKERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Veteran Empowerment Through
EIN
46-1521553
Phone
6145638634
Address
3097 HERRICK ROAD, UPPER ARLINGTON, OH 43221

Signing Officer

Name
Bernard L Willis Lt Col Usaf Ang
Title
President
Phone
6145638634
Signed
2020-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Whalen & Company Cpas
Address
250 WEST OLD WILSON BRIDGE ROAD STE, WORTHINGTON, OH 43085
Preparer
Morgan K Webster
Phone
6143964200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses community awareness 1,358 event materials 43,377 office expenses 5,563 utilities 1,434 travel 24,476 travel 7,832 travel 326 bank fees 162 meals 4,106 meals 1,314 meals 55 repairs & maintenance 199 repairs & maintenance 64 repairs & maintenance 3 total 90,269

Form 990-ez, Part II, Line 26

Loans from officers 2,382 2,382

Form 990-ez, Part III

Vetmotorsports honors and empowers disabled combat veterans through active participation in motor sports.

Raw XML Appendix167 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/LobbyingActivitiesInd0false
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER A CLINE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICK ROZZELL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JESSICA CLUCTHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JASMINE DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAN PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt090269
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ADVANCES FOR OPERATING PURPOSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt02382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES COMMUNITY AWARENESS 1,358 EVENT MATERIALS 43,377 OFFICE EXPENSES 5,563 UTILITIES 1,434 TRAVEL 24,476 TRAVEL 7,832 TRAVEL 326 BANK FEES 162 MEALS 4,106 MEALS 1,314 MEALS 55 REPAIRS & MAINTENANCE 199 REPAIRS & MAINTENANCE 64 REPAIRS & MAINTENANCE 3 TOTAL 90,269
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS FROM OFFICERS 2,382 2,382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VETMOTORSPORTS HONORS AND EMPOWERS DISABLED COMBAT VETERANS THROUGH ACTIVE PARTICIPATION IN MOTOR SPORTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BERNARD L WILLIS LT COL USAF ANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06145638634
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETERAN EMPOWERMENT THROUGH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MOTORSPORTS INC
ReturnHeader/Filer/BusinessNameControlTxt0VETE
ReturnHeader/Filer/EIN0461521553
ReturnHeader/Filer/PhoneNum06145638634
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ReturnHeader/FilingSecurityInformation/IPTm010:59:37
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ReturnHeader/PreparerPersonGrp/PhoneNum06143964200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MORGAN K WEBSTER
ReturnHeader/ReturnTs02020-11-04T10:59:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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No mirrored PDF or thumbnail assets are attached yet.

Filings