Civic Intelligence

Veterinary Educational Textbooks & Supplies Inc.

990EZ • Fiscal year 2021 • EIN 58-1548593

Nov 01, 2020 to Oct 31, 2021 • Filed on Sep 12, 2022

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

65th percentile

0.00x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

100th percentile

8593%

Higher net margin than 100% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-17%

Faster asset growth than 20% of similar nonprofits.

2021 filings • NTEE B • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$162,219

Down $34,363 (-17%) from 2020

Net Assets

Down

$162,209

Down $34,373 (-17%) from 2020

Liabilities

$10

No earlier filing loaded for comparison.

Revenue

Down

-$400

Down $11,601 (-104%) from 2020

Expenses

Up

$33,973

Up $21,519 (+173%) from 2020

Net Income

Down

-$34,373

Down $33,120 (-2643%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$162,219
Liabilities$10
Net Assets$162,209

Operations Trend

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

2021

Revenue-$400
Expenses$33,973
Net Income-$34,373
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Sep 12, 2022
Return Version
2020v4.0
Gross Receipts
$40,486
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.$20,000$20,000
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.-$8,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGHAN RUTOWSKIPresident/ T-$0--
ALEXIS SOUTHER2024 Textboo-$0--
ABBY COXPresident-$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--
JENNA VIVEIROS2025 Class R-$0--
BRIANA BLACKWELDER2025 Treasur-$0--
SONYALIZ GOVEO2025 Supplie-$0--
VIENNA LUNKING2025 Textboo-$0--
LAKHIA FULLER2025 Secreta-$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
Emma Vaughan
Title
2023 Treasurer
Phone
9195136500
Signed
2022-09-12
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 10

Name: v.e.t.s. Scholarship endowment cash contribution: 20,000

Form 990-ez, Part I, Line 16

Sale of inventory office expense 3,074 insurance 536 total 3,610

Form 990-ez, Part II, Line 24

Inventories for sale or use 13,796 13,032 equipment 5,859 5,859 less accumulated depreciation 5,859 5,859 total 13,796 13,032

Form 990-ez, Part II, Line 26

Sales tax payable 0 0 credit card payable 0 0 ncdor payable 0 10

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.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: V.E.T.S. SCHOLARSHIP ENDOWMENT CASH CONTRIBUTION: 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALE OF INVENTORY OFFICE EXPENSE 3,074 INSURANCE 536 TOTAL 3,610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 13,796 13,032 EQUIPMENT 5,859 5,859 LESS ACCUMULATED DEPRECIATION 5,859 5,859 TOTAL 13,796 13,032
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALES TAX PAYABLE 0 0 CREDIT CARD PAYABLE 0 0 NCDOR PAYABLE 0 10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4V.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/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/ExplanationTxt6STUDENT 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/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 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.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027606
ReturnHeader/PreparerPersonGrp/PhoneNum09198514696
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA HERGENRADER
ReturnHeader/ReturnTs02022-09-15T13:45:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EMMA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VAUGHAN
ReturnHeader/TaxPeriodBeginDt02020-11-01
ReturnHeader/TaxPeriodEndDt02021-10-31
ReturnHeader/TaxYr02020

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