Civic Intelligence

Vetsec

EIN 83-1966007 • 501(c)3 • Raleigh, NC

Profile

Our mission is to create a world where no veteran pursuing a career in cybersecurity goes unemployed.

1030 North Rogers LaneRaleigh, NC 27610

veteransec.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$313,964

Up $14,053 (+4.7%) from 2021

Liabilities

Down

$5,733

Down $1,101 (-16%) from 2021

Net Assets

Up

$308,231

Up $15,154 (+5.2%) from 2021

Operations
Liabilities / Revenue74th percentileNet Margin98th percentile

Revenue

Down

$0

Down $259,414 (-100%) from 2021

Expenses

Down

$5,733

Down $1,101 (-16%) from 2021

Net Income

Down

-$5,733

Down $258,313 (-102%) from 2021

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2021: $299,911Liabilities 2021: $6,834Net Assets 2021: $293,0772021Assets 2022: $313,964Liabilities 2022: $5,733Net Assets 2022: $308,2312022

Highlighted filing

2022

Assets$313,964
Liabilities$5,733
Net Assets$308,231
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2021: $259,414Expenses 2021: $6,834Net Income 2021: $252,5802021Revenue 2022: $0Expenses 2022: $5,733Net Income 2022: -$5,7332022

Highlighted filing

2022

Revenue$0
Expenses$5,733
Net Income-$5,733
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$313,964
Liabilities
$5,733
Net assets
$308,231
Revenue
$0
Expenses
$5,733
Net income
-$5,733
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.14$0.06$3.08$0.00$0.06$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.00$0.07$2.93$2.59$0.07$2.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 22, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Simply put, our mission is to create a world where no veteran pursuing a career in cybersecurity goes unemployed. We want to provide the nearly 200,000 people who transition out of the military in the United States every year with a path to employment in cybersecurity, if they desire.

Our mission is to create a world where no veteran pursuing a career in cybersecurity goes unemployed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$282,922$278,561▼ $4,361
Cash and Non-Interest-Bearing Accounts$16,989$35,403▲ $18,414
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$299,911$313,964▲ $14,053
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,834$5,733▼ $1,101
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,834$5,733▼ $1,101
Net Assets / Fund Balance
Net Assets With Donor Restrictions$282,922$278,561▼ $4,361
Net Assets Without Donor Restrictions$10,155$29,670▲ $19,515
Total Net Assets Fund Balance$293,077$308,231▲ $15,154
Total Liabilities and Net Assets / Fund Balance$299,911$313,964▲ $14,053
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Dan PerezBoard at Large
Tom MarslandDirector
Dallas MooreVice Director
Jake KnowltonSecretary
Jose MejiaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$5,443--$5,443
Conferences and Meetings$290--$290
Total Functional Expenses$5,733$0$0$5,733
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 19

“VetSec has made its governing documents, conflict of interest policy, and financial statements available to the public using the Guidestar platform and for our members through a specific communications channel as well as other publicly accessible places using our communications platform”

Filing and Contact Details

Filer

Filer Name
Vetsec
EIN
83-1966007
Phone
3608655788
Address
1030 North Rogers Lane, Raleigh, NC 27610

Signing Officer

Name
Jose Mejia
Title
Treasurer
Phone
3608655788
Signed
2023-05-22

Organization Details

Principal Officer
Jose Mejia
Formed
2018
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Part V, Line 14B

“Our organization did not file a Form 720 for this year because we did not make any payments that require reporting on this form. We have complied with all relevant reporting requirements for the year and have not engaged in activities that necessitate the filing of Form 720.”

Part V, Line 3B

“Our organization did not file a Form 990-T for this year because we did not generate any income from activities that are considered unrelated to our tax-exempt purpose. All of our income for the year is directly related to our mission and falls within the scope of our nonprofit activities.”

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Our organization did not file a Form 720 for this year because we did not make any payments that require reporting on this form. We have complied with all relevant reporting requirements for the year and have not engaged in activities that necessitate the filing of Form 720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Our organization did not file a Form 990-T for this year because we did not generate any income from activities that are considered unrelated to our tax-exempt purpose. All of our income for the year is directly related to our mission and falls within the scope of our nonprofit activities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VetSec has made its governing documents, conflict of interest policy, and financial statements available to the public using the Guidestar platform and for our members through a specific communications channel as well as other publicly accessible places using our communications platform
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 14b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 19
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IRS990/TotalAssetsGrp/EOYAmt0313964
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IRS990/TravelGrp/ProgramServicesAmt00
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IRS990/USAddress/AddressLine1Txt02461 E Dragoon Ave
IRS990/USAddress/CityNm0Mesa
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085204
IRS990/VotingMembersGoverningBodyCnt05

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