Civic Intelligence

Vets2Set Inc.

990EZ • Fiscal year 2022 • EIN 82-5345086

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 21, 2023

Organization Profilewww.vets2set.org
8754 Lakes BoulevardWest Palm Beach, FL 33412

(844) 844-8387

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

51st percentile

5.0%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

54th percentile

3.7%

Faster asset growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.5%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$21,138

Up $751 (+3.7%) from 2021

Net Assets

Up

$20,887

Up $551 (+2.7%) from 2021

Liabilities

Up

$251

Up $200 (+392%) from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin51st percentile

Revenue

Down

$11,007

Down $55 (-0.5%) from 2021

Expenses

Down

$10,456

Down $5,094 (-33%) from 2021

Net Income

Up

$551

Up $5,039 (+112%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$30K$20K$10K$0Assets 2019: $14,076Liabilities 2019: $4,141Net Assets 2019: $9,9352019Assets 2020: $28,434Liabilities 2020: $3,610Net Assets 2020: $24,8242020Assets 2021: $20,387Liabilities 2021: $51Net Assets 2021: $20,3362021Assets 2022: $21,138Liabilities 2022: $251Net Assets 2022: $20,8872022Assets 2023: $18,865Liabilities 2023: $11Net Assets 2023: $18,8542023Assets 2024: $11,781Liabilities 2024: $11Net Assets 2024: $11,7702024Assets 2025: $9,377Liabilities 2025: $492Net Assets 2025: $8,8852025

Highlighted filing

2022

Assets$21,138
Liabilities$251
Net Assets$20,887
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$40K$20K$0-$20KRevenue 2019: $35,576Expenses 2019: $25,641Net Income 2019: $9,9352019Revenue 2020: $26,020Expenses 2020: $11,131Net Income 2020: $14,8892020Revenue 2021: $11,062Expenses 2021: $15,550Net Income 2021: -$4,4882021Revenue 2022: $11,007Expenses 2022: $10,456Net Income 2022: $5512022Revenue 2023: $5,053Expenses 2023: $7,086Net Income 2023: -$2,0332023Revenue 2024: $5,500Expenses 2024: $12,584Net Income 2024: -$7,0842024Revenue 2025: $5,500Expenses 2025: $8,385Net Income 2025: -$2,8852025

Highlighted filing

2022

Revenue$11,007
Expenses$10,456
Net Income$551
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 21, 2023
Return Version
2022v5.0
Gross Receipts
$11,007
Mission and Program Overview

Mission

Charitable organization with primary purpose of veterans employment placement.

Program Services

DescriptionGrantsExpenses
Vets2Set is organized to facilitate the successful transition of veterans from active military service to civilian employment in the media production industry. Vets2Set provides veterans with the possibility of entry-level jobs as production assistants in an industry which is known for its difficult barriers of entry and develop skills necessary to pursue a successful career. Vets2Set started in 2019 with the public launch of the program occurring in November 2019. As of March 2023, there are more than 745 veterans in 48 states registered and more than 301 employers in 29 states. The program works by enrolling interested veterans in the Vets2set database. Military credentials are validated by Vets2set and then the veterans' contact information and special interests become searchable by participating employers. Employers committed to hiring two veterans for their productions search the database by zip code to find appropriate staff for shoots wherever shoots take place. Production suppliers hire and pay the veterans directly. No fees are paid to Vets2Set by veterans or employers. As a not-for-profit organization, Vets2Set depends solely on donations and volunteer work.$0$1,569
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David CohenPresident And DirectorPT$0--
Peter FriedmanVice President And DirectorPT$0--
Paul BernabeoSecretary And DirectorPT$0--
Seth AsofskyTreasurer And DirectorPT$0--
Maureen WeiglExecutive DirectorPT$0--
Lynn RoerDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Vets2set Inc
EIN
82-5345086
Phone
8448448387
Address
8754 Lakes Boulevard, West Palm Beach, FL 33412

Signing Officer

Name
Seth Asofsky
Title
Treasurer and CFO
Phone
8448448387
Signed
2023-03-21
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^IT;1365|State Fees Licenses;669|Travel;57|Insurance;1405^Total;3496^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Credit Card;251^Total;251^”

Raw XML Appendix247 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Vets2Set is organized to facilitate the successful transition of veterans from active military service to civilian employment in the media production industry. Vets2Set provides veterans with the possibility of entry-level jobs as production assistants in an industry which is known for its difficult barriers of entry and develop skills necessary to pursue a successful career. Vets2Set started in 2019 with the public launch of the program occurring in November 2019. As of March 2023, there are more than 745 veterans in 48 states registered and more than 301 employers in 29 states. The program works by enrolling interested veterans in the Vets2set database. Military credentials are validated by Vets2set and then the veterans' contact information and special interests become searchable by participating employers. Employers committed to hiring two veterans for their productions search the database by zip code to find appropriate staff for shoots wherever shoots take place. Production suppliers hire and pay the veterans directly. No fees are paid to Vets2Set by veterans or employers. As a not-for-profit organization, Vets2Set depends solely on donations and volunteer work.
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ReturnHeader/BusinessOfficerGrp/PhoneNum08448448387
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-21
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ReturnHeader/Filer/BusinessNameControlTxt0VETS
ReturnHeader/Filer/EIN0825345086
ReturnHeader/Filer/PhoneNum08448448387
ReturnHeader/Filer/USAddress/AddressLine1Txt08754 Lakes Boulevard
ReturnHeader/Filer/USAddress/CityNm0West Palm Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
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ReturnHeader/ReturnTs02023-03-21T12:26:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,138
Liabilities
$251
Net assets
$20,887
Revenue
$11,007
Expenses
$10,456
Net income
$551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.38$0.49$8.89$5.50$8.39$2.89
2024Detailed filing. Detailed filing data is available for this year.$11.8$0.01$11.8$5.50$12.6$7.08
2023Detailed filing. Detailed filing data is available for this year.$18.9$0.01$18.9$5.05$7.09$2.03
2022Detailed filing. Detailed filing data is available for this year.$21.1$0.25$20.9$11.0$10.5$0.55
2021Detailed filing. Detailed filing data is available for this year.$20.4$0.05$20.3$11.1$15.6$4.49
2020Detailed filing. Detailed filing data is available for this year.$28.4$3.61$24.8$26.0$11.1$14.9
2019Detailed filing. Detailed filing data is available for this year.$14.1$4.14$9.94$35.6$25.6$9.94