Civic Intelligence

Veterinary Educational Textbooks & Supplies Inc.

990EZ • Fiscal year 2020 • EIN 58-1548593

Nov 01, 2019 to Oct 31, 2020 • Filed on Feb 22, 2021

Organization ProfileCLUBS.NCSU.EDU/VETS
1060 William Moore DriveRaleigh, NC 27607

(919) 513-6500

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Asset Growth

42nd percentile

-0.6%

Faster asset growth than 42% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

9.8%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$196,582

Down $1,253 (-0.6%) from 2019

Net Assets

Down

$196,582

Down $1,253 (-0.6%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin30th percentile

Revenue

Up

$11,201

Up $996 (+9.8%) from 2019

Expenses

Down

$12,454

Down $2,640 (-17%) from 2019

Net Income

Up

-$1,253

Up $3,636 (+74%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$300K$200K$100K$0Assets 2011: $227,191Liabilities 2011: $6,7042011Assets 2012: $227,200Liabilities 2012: $862012Assets 2013: $221,320Liabilities 2013: $02013Assets 2014: $210,422Liabilities 2014: $02014Assets 2015: $223,000Liabilities 2015: $301Net Assets 2015: $222,6992015Assets 2016: $220,252Liabilities 2016: $3882016Assets 2017: $208,332Liabilities 2017: $3462017Assets 2018: $202,724Net Assets 2018: $202,7242018Assets 2019: $197,835Net Assets 2019: $197,8352019Assets 2020: $196,582Net Assets 2020: $196,5822020Assets 2021: $162,219Liabilities 2021: $10Net Assets 2021: $162,2092021

Highlighted filing

2020

Assets$196,582
Liabilities-
Net Assets$196,582
Open 2020 Filing

Operations Trend

Revenue Growth76th percentile

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

$100K$50K$0-$50KRevenue 2011: $1,219Expenses 2011: $19,173Net Income 2011: -$17,9542011Revenue 2012: $59,430Expenses 2012: $4,819Net Income 2012: $54,6112012Revenue 2013: $11,203Expenses 2013: $16,996Net Income 2013: -$5,7932013Revenue 2014: $8,210Expenses 2014: $19,108Net Income 2014: -$10,8982014Revenue 2015: $36,386Expenses 2015: $24,109Net Income 2015: $12,2772015Revenue 2016: $11,171Expenses 2016: $14,006Net Income 2016: -$2,8352016Revenue 2017: $2,746Expenses 2017: $14,624Net Income 2017: -$11,8782017Revenue 2018: $12,038Expenses 2018: $17,300Net Income 2018: -$5,2622018Revenue 2019: $10,205Expenses 2019: $15,094Net Income 2019: -$4,8892019Revenue 2020: $11,201Expenses 2020: $12,454Net Income 2020: -$1,2532020Revenue 2021: -$400Expenses 2021: $33,973Net Income 2021: -$34,3732021

Highlighted filing

2020

Revenue$11,201
Expenses$12,454
Net Income-$1,253
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Feb 22, 2021
Return Version
2019v5.0
Gross Receipts
$54,388
Mission and Program Overview

Mission

V.e.t.s. Is a student-run, non-profit organization dedicated to making students' acquisition of veterinary textbooks and supplies easier and more affordable

Program Services

DescriptionGrantsExpenses
STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.-$7,024
STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGHAN RUTOWSKIPresident/ T-$0--
ALEXIS SOUTHER2024 Textboo-$0--
ABBY COX2023 Class R-$0--
EMMA VAUGHAN2023 Treasur-$0--
AMANDA COX2024 Supplie-$0--
KAYLA BONADIE2024 Treasur-$0--
HANNAH SATHER2022 Class R-$0--
PAOLA CRUZ RAMOS2022 Supplie-$0--
DANIEL MEJIA2022 Textboo-$0--
KAITLIN DALY2023 Supplie-$0--
BRITTANI RAINESS2023 Textboo-$0--
ALEXIS ROACH2023 Secreta-$0--
JAIME CALCAGNO2024 Class R-$0--
Filing and Contact Details

Filer

Filer Name
Veterinary Educational Textbooks &
EIN
58-1548593
Phone
9195136500
Address
1060 WILLIAM MOORE DRIVE, RALEIGH, NC 27607

Signing Officer

Name
Meghan Rutowski
Title
President/ Treasurer
Phone
9195136500
Signed
2021-02-22
Discuss with paid preparer
Yes

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606-1749
Preparer
Anna Hergenrader
Phone
9198514696
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Sale of inventory 546 office expense 842 insurance 748 total 2,136”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 13,938 13,796 equipment 5,859 5,859 less accumulated depreciation 5,859 5,859 total 13,938 13,796”

Form 990-ez, Part II, Line 26

“Sales tax payable 0 0 credit card payable 0 0”

Form 990-ez, Part III

“V.e.t.s. Is a student-run, non-profit organization dedicated to making students' acquisition of veterinary textbooks and supplies easier and more affordable”

Form 990-ez, Part III, Line 28

“Student representatives consult with the professors to determine what books and supplies they want students to have for their classes. Then they negotiate with suppliers to get the best prices possible because of the purchasing power of bulk ordering. V.e.t.s is run by the students for the students.”

Form 990-ez, Part III, Line 31

“Student representatives consult with the professors to determine what books and supplies they want students to have for their classes. Then they negotiate with suppliers to get the best prices possible because of the purchasing power of bulk ordering. V.e.t.s is run by the students for the students.”

Raw XML Appendix188 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/PersonNm7PAOLA CRUZ RAMOS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12JAIME CALCAGNO
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IRS990EZ/OtherExpensesTotalAmt02136
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IRS990EZ/PrintingPublicationsPostageAmt011
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALE OF INVENTORY 546 OFFICE EXPENSE 842 INSURANCE 748 TOTAL 2,136
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 13,938 13,796 EQUIPMENT 5,859 5,859 LESS ACCUMULATED DEPRECIATION 5,859 5,859 TOTAL 13,938 13,796
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALES TAX PAYABLE 0 0 CREDIT CARD PAYABLE 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3V.E.T.S. IS A STUDENT-RUN, NON-PROFIT ORGANIZATION DEDICATED TO MAKING STUDENTS' ACQUISITION OF VETERINARY TEXTBOOKS AND SUPPLIES EASIER AND MORE AFFORDABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS DIRECTLY OR INDIRECTELY ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGHAN RUTOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/ TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09195136500
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETERINARY EDUCATIONAL TEXTBOOKS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SUPPLIES INC
ReturnHeader/Filer/BusinessNameControlTxt0VETE
ReturnHeader/Filer/EIN0581548593
ReturnHeader/Filer/PhoneNum09195136500
ReturnHeader/Filer/USAddress/AddressLine1Txt01060 WILLIAM MOORE DRIVE
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027607
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561137607
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES A LUCAS AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04909 WESTERN BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0276061749
ReturnHeader/PreparerPersonGrp/PhoneNum09198514696
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA HERGENRADER
ReturnHeader/ReturnTs02021-03-03T11:44:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-11-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$196,582
Liabilities
-
Net assets
$196,582
Revenue
$11,201
Expenses
$12,454
Net income
-$1,253
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.00$1.62$0.00$0.34$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.97$1.97$0.11$0.12$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$1.98$0.10$0.15$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$2.03$0.12$0.17$0.05
2017Summary only. Only limited summary data is available for this year.$2.08$0.00$0.03$0.15$0.12
2016Summary only. Only limited summary data is available for this year.$2.20$0.00$0.11$0.14$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.36$0.24$0.12
2014Summary only. Only limited summary data is available for this year.$2.10$0.00$0.08$0.19$0.11
2013Summary only. Only limited summary data is available for this year.$2.21$0.00$0.11$0.17$0.06
2012Summary only. Only limited summary data is available for this year.$2.27$0.00$0.59$0.05$0.55
2011Summary only. Only limited summary data is available for this year.$2.27$0.07$0.01$0.19$0.18