Civic Intelligence

The Veterans Trust Inc

990EZ • Fiscal year 2019 • EIN 46-4677773

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 02, 2020

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.

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

4th percentile

-108%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

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

Asset Growth

10th percentile

-45%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

9th percentile

-54%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$78,116

Down $24,907 (-24%) from 2017

Net Assets

Down

$78,116

Down $24,907 (-24%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin4th percentile

Revenue

Down

$57,899

Down $88,990 (-61%) from 2017

Expenses

Up

$120,409

Up $45,882 (+62%) from 2017

Net Income

Down

-$62,510

Down $134,872 (-186%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th 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 2019: $78,116Liabilities 2019: $0Net Assets 2019: $78,1162019Assets 2021: $116,235Liabilities 2021: $0Net Assets 2021: $116,2352021Assets 2022: $154,914Liabilities 2022: $599Net Assets 2022: $154,3152022

Highlighted filing

2019

Assets$78,116
Liabilities$0
Net Assets$78,116
Open 2019 Filing

Operations Trend

Revenue Growth9th 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 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

2019

Revenue$57,899
Expenses$120,409
Net Income-$62,510
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 2, 2020
Return Version
2019v5.0
Gross Receipts
$57,899
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.$12,651$115,906
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRED ROGERExecutive DiFT$12,000-$12,000
LEE HEDIGERChairman, Fo-$0--
BRET BAKERDirector-$0--
JOSEPH ROSENHECKDirector-$0--
KIT JOHNSONDirector-$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
2020-11-02
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 16

“Expenses office 2,076 travel 10,287 bank fees 27 marketing 6,933 meals 1,435 veterans serviced 49,000 total 69,758”

Form 990-ez, Part I, Line 20

“Nondeductible exps investment k-1 -1,216”

Form 990-ez, Part II, Line 24

“Loan receivable-iveteran, llc 0 5,000 total 0 5,000”

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 Appendix152 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/BooksInCareOfDetail/USAddress/CityNm0FORT LAUDERDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FRED ROGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEE HEDIGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRET BAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH ROSENHECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIT JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN, FO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05000
IRS990EZ/OtherChangesInNetAssetsAmt0-1216
IRS990EZ/OtherExpensesTotalAmt069758
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012651
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0115906
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0120409
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IRS990EZ/TotalRevenueAmt057899
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THEVETERANSTRUST.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt057486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0126902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0146889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0107767
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0510235
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0413
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67530
IRS990ScheduleA/PublicSupportTotal170Amt0344555
IRS990ScheduleA/SubstantialContributorsTotAmt0165680
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt057486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0126902
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0510235
IRS990ScheduleA/TotalSupportAmt0510235
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 2,076 TRAVEL 10,287 BANK FEES 27 MARKETING 6,933 MEALS 1,435 VETERANS SERVICED 49,000 TOTAL 69,758
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NONDEDUCTIBLE EXPS INVESTMENT K-1 -1,216
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN RECEIVABLE-IVETERAN, LLC 0 5,000 TOTAL 0 5,000
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 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRED ROGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VETERANS TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0VETE
ReturnHeader/Filer/EIN0464677773
ReturnHeader/Filer/USAddress/AddressLine1Txt0515 E LAS OLAS BLVD FLOOR 15
ReturnHeader/Filer/USAddress/CityNm0FORT LAUDERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033301
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E29D4ABA2A5A183DEF628E16BDD0219F538A522E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E29D4ABA2A5A183DEF628E16BDD0219F538A522E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.203.122.173
ReturnHeader/FilingSecurityInformation/IPDt02020-11-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:24:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650356804
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBBINS & MORONEY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0222 SE 10TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LAUDERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033316
ReturnHeader/PreparerPersonGrp/PhoneNum09544673100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J ROBBINS
ReturnHeader/ReturnTs02020-11-03T08:24:04-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,116
Liabilities
$0
Net assets
$78,116
Revenue
$57,899
Expenses
$120,409
Net income
-$62,510
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
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.58$1.20$0.63
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