Civic Intelligence

The Veterans Trust Inc

990EZ • Fiscal year 2018 • EIN 46-4677773

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

Organization ProfileWWW.THEVETERANSTRUST.ORG
515 E Las Olas Blvd Floor 15Fort Lauderdale, FL 33301

(760) 458-1065

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

80th percentile

$8,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$141,841

Up $38,818 (+38%) from 2017

Net Assets

Up

$141,841

Up $38,818 (+38%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin84th percentile

Revenue

Down

$126,902

Down $19,987 (-14%) from 2017

Expenses

Up

$87,588

Up $13,061 (+18%) from 2017

Net Income

Down

$39,314

Down $33,048 (-46%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$200K$150K$100K$50K$0Assets 2017: $103,023Net Assets 2017: $103,0232017Assets 2018: $141,841Liabilities 2018: $0Net Assets 2018: $141,8412018Assets 2019: $78,116Net Assets 2019: $78,1162019Assets 2021: $116,235Liabilities 2021: $0Net Assets 2021: $116,2352021Assets 2022: $154,914Liabilities 2022: $599Net Assets 2022: $154,3152022

Highlighted filing

2018

Assets$141,841
Liabilities$0
Net Assets$141,841
Open 2018 Filing

Operations Trend

Revenue Growth30th percentile

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

$400K$200K$0-$200KRevenue 2017: $146,889Expenses 2017: $74,527Net Income 2017: $72,3622017Revenue 2018: $126,902Expenses 2018: $87,588Net Income 2018: $39,3142018Revenue 2019: $57,899Expenses 2019: $120,409Net Income 2019: -$62,5102019Revenue 2021: $363,597Expenses 2021: $382,790Net Income 2021: -$19,1932021Revenue 2022: $149,020Expenses 2022: $110,940Net Income 2022: $38,0802022

Highlighted filing

2018

Revenue$126,902
Expenses$87,588
Net Income$39,314
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$126,902
Mission and Program Overview

Mission

The veterans trust (tvt) is a strategic grant-making foundation dedicated to maximize the cooperation, coordination and collaboration of existing veteran service organizations in the community. Tvt maximizes the effectiveness and efficiencies of community services and programs so we can all work together and help our military, veterans and families.

Program Services

DescriptionGrantsExpenses
INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO FINDING BEST PRACTICES IN THE VETERAN COMMUNITY AND THEN FUNDING THEM TO SATISFY THE VALUE GAPS CURRENTLY IMPACTING VETERANS SERVICES AND PROGRAMS. WITH THE ULTIMATE GOAL OF EMPOWERING VETERAN LEADERSHIP, THE VETERANS TRUST AIMS TO TROUBLESHOOT AND SUPPORT COMMUNITY PILLARS SO WE WORK SMARTER, NOT HARDER AND GET THESE VETERANS THE ASSISTANCE THEY NEED.$35,897$83,549
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRED ROGERExecutive DiFT$8,000-$8,000
LEE HEDIGERChairman-$0--
KIT JOHNSONDirector-$0--
BRET BAKERDirector-$0--
JOSEPH ROSENHECKDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Veterans Trust Inc
EIN
46-4677773
Address
515 E LAS OLAS BLVD FLOOR 15, FORT LAUDERDALE, FL 33301

Signing Officer

Name
Fred Roger
Title
Executive Director
Signed
2019-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Robbins & Moroney Pa
Address
222 SE 10TH STREET, FORT LAUDERDALE, FL 33316
Preparer
Michael J Robbins
Phone
9544673100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Class of activity: veteranentrepreneurs name: brick capital management, llc address: 1032 vintner blvd palm beach gardens, fl 33410 cash contribution: 25,000”

Form 990-ez, Part I, Line 16

“Expenses office 2,424 travel 5,336 bank fees 15 marketing 17,756 meals 960 veterans serviced 2,900 total 29,391”

Form 990-ez, Part I, Line 20

“Nondeductible exps investment k-1 -496”

Form 990-ez, Part III

“The veterans trust (tvt) is a strategic grant-making foundation dedicated to maximize the cooperation, coordination and collaboration of existing veteran service organizations in the community. Tvt maximizes the effectiveness and efficiencies of community services and programs so we can all work together and help our military, veterans and families.”

Form 990-ez, Part III, Line 28

“Initiated and led by veterans, the veterans trust (tvt) is committed to finding best practices in the veteran community and then funding them to satisfy the value gaps currently impacting veterans services and programs. With the ultimate goal of empowering veteran leadership, the veterans trust aims to troubleshoot and support community pillars so we work smarter, not harder and get these veterans the assistance they need.”

Raw XML Appendix137 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt029391
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO FINDING BEST PRACTICES IN THE VETERAN COMMUNITY AND THEN FUNDING THEM TO SATISFY THE VALUE GAPS CURRENTLY IMPACTING VETERANS SERVICES AND PROGRAMS. WITH THE ULTIMATE GOAL OF EMPOWERING VETERAN LEADERSHIP, THE VETERANS TRUST AIMS TO TROUBLESHOOT AND SUPPORT COMMUNITY PILLARS SO WE WORK SMARTER, NOT HARDER AND GET THESE VETERANS THE ASSISTANCE THEY NEED.
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IRS990EZ/WebsiteAddressTxt0WWW.THEVETERANSTRUST.ORG
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146889
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: VETERANENTREPRENEURS NAME: BRICK CAPITAL MANAGEMENT, LLC ADDRESS: 1032 VINTNER BLVD PALM BEACH GARDENS, FL 33410 CASH CONTRIBUTION: 25,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 2,424 TRAVEL 5,336 BANK FEES 15 MARKETING 17,756 MEALS 960 VETERANS SERVICED 2,900 TOTAL 29,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONDEDUCTIBLE EXPS INVESTMENT K-1 -496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VETERANS TRUST (TVT) IS A STRATEGIC GRANT-MAKING FOUNDATION DEDICATED TO MAXIMIZE THE COOPERATION, COORDINATION AND COLLABORATION OF EXISTING VETERAN SERVICE ORGANIZATIONS IN THE COMMUNITY. TVT MAXIMIZES THE EFFECTIVENESS AND EFFICIENCIES OF COMMUNITY SERVICES AND PROGRAMS SO WE CAN ALL WORK TOGETHER AND HELP OUR MILITARY, VETERANS AND FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO FINDING BEST PRACTICES IN THE VETERAN COMMUNITY AND THEN FUNDING THEM TO SATISFY THE VALUE GAPS CURRENTLY IMPACTING VETERANS SERVICES AND PROGRAMS. WITH THE ULTIMATE GOAL OF EMPOWERING VETERAN LEADERSHIP, THE VETERANS TRUST AIMS TO TROUBLESHOOT AND SUPPORT COMMUNITY PILLARS SO WE WORK SMARTER, NOT HARDER AND GET THESE VETERANS THE ASSISTANCE THEY NEED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/Filer/EIN0464677773
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ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:58:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650356804
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 SE 10TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LAUDERDALE
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ReturnHeader/PreparerPersonGrp/PhoneNum09544673100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J ROBBINS
ReturnHeader/ReturnTs02019-11-13T14:58:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,841
Liabilities
$0
Net assets
$141,841
Revenue
$126,902
Expenses
$87,588
Net income
$39,314
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.01$1.54$1.49$1.11$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$3.64$3.83$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.78$0.58$1.20$0.63
2018Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$1.27$0.88$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$1.03$1.47$0.75$0.72