Civic Intelligence

Vets Veterans Exploring Treatment Solutions Inc.

990 • Fiscal year 2023 • EIN 84-1956561

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 18, 2024

Organization ProfileWWW.VETSOLUTIONS.ORG
PO Box 92040Southlake, TX 76092

(310) 499-3335

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

18th percentile

0.03x

Higher debt load relative to revenue than 18% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

7th percentile

-55%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

64th percentile

$160,142

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

8th percentile

-13%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-59%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets18th percentile

Assets

Flat

$5,565,231

Flat from 2023

Net Assets

Flat

$5,518,772

Flat from 2023

Liabilities

Flat

$46,459

Flat from 2023

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin7th percentile

Revenue

Flat

$1,789,203

Flat from 2023

Expenses

Flat

$2,775,832

Flat from 2023

Net Income

Flat

-$986,629

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $145,562Liabilities 2019: $294Net Assets 2019: $145,2682019Assets 2020: $414,375Liabilities 2020: $22,869Net Assets 2020: $391,5062020Assets 2021: $4,509,912Liabilities 2021: $38,515Net Assets 2021: $4,471,3972021Assets 2022: $6,389,984Liabilities 2022: $89,040Net Assets 2022: $6,300,9442022Assets 2023: $5,565,231Liabilities 2023: $46,459Net Assets 2023: $5,518,7722023Assets 2023: $5,565,231Liabilities 2023: $46,459Net Assets 2023: $5,518,7722023Assets 2024: $5,821,291Liabilities 2024: $78,513Net Assets 2024: $5,742,7782024

Highlighted filing

2023

Assets$5,565,231
Liabilities$46,459
Net Assets$5,518,772
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $226,298Expenses 2019: $81,030Net Income 2019: $145,2682019Revenue 2020: $886,575Expenses 2020: $640,337Net Income 2020: $246,2382020Revenue 2021: $5,209,192Expenses 2021: $1,129,301Net Income 2021: $4,079,8912021Revenue 2022: $4,368,852Expenses 2022: $2,398,431Net Income 2022: $1,970,4212022Revenue 2023: $1,789,203Expenses 2023: $2,775,832Net Income 2023: -$986,6292023Revenue 2023: $1,789,203Expenses 2023: $2,775,832Net Income 2023: -$986,6292023Revenue 2024: $3,330,588Expenses 2024: $3,133,395Net Income 2024: $197,1932024

Highlighted filing

2023

Revenue$1,789,203
Expenses$2,775,832
Net Income-$986,629
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 18, 2024
Return Version
2023v5.1
Gross Receipts
$5,331,960
Mission and Program Overview

Mission

Provides resources, research, and advocacy to improve the lives of u.s. Combat veterans and their families.

Vets provides resources, research, and advocacy for u.s. Military veterans seeking treatment with psychedelic-assisted therapies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,115,139$4,096,839▲ $981,700
Pledges and Grants Receivable$968,350$718,350▼ $250,000
Cash and Non-Interest-Bearing Accounts$2,026,511$568,849▼ $1,457,662
Savings and Temporary Cash Investments$240,102$147,354▼ $92,748
Prepaid Expenses and Deferred Charges-$17,339-
Accounts Receivable$39,882$16,500▼ $23,382
Total Assets$6,389,984$5,565,231▼ $824,753
Liabilities
Accounts Payable and Accrued Expenses$89,040$46,459▼ $42,581
Total Liabilities$89,040$46,459▼ $42,581
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,000,000$3,000,000→ $0
Net Assets Without Donor Restrictions$3,300,944$2,518,772▼ $782,172
Total Net Assets Fund Balance$6,300,944$5,518,772▼ $782,172
Total Liabilities and Net Assets / Fund Balance$6,389,984$5,565,231▼ $824,753

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$28,939--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,000,000$131,625▲ $306,959$438,584$3,000,000
2022$3,474,119$76,632▼ $67,753$482,998$3,000,000
2021-$3,474,119--$3,474,119
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amber CaponeCo-founder & CEOFT$159,542$600$160,142
Lori Beth CamperProgram DirectorFT$107,550-$107,550

Board Members and Trustees

NameTitle
Marcus CaponeChairman
Jarred TaylorMember
Nick NorrisMember
Sara WilkinsonMember
Revenue and Support

Revenue Composition

Contributions and Grants
$2,056,327
Program Service Revenue
$0
Investment Income
$102,502
Other Revenue
$-369,626
All Other Contributions
$1,282,236
Change in Net Assets
$-986,629

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,744,378
Revenue Not Reported on Financial Statements
$44,825
Revenue Not Reported on Form 990
$207,185
Total Revenue per Audited Statements
$1,951,563
Total Revenue per Form 990
$1,789,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,170,246
Grants and Similar Amounts Paid$860,625
Salaries, Compensation, and Employee Benefits$744,961
Total Fundraising Expense$157,219
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$699,515--$699,515
Other Salaries and Wages$493,371$29,758$1,518$524,647
Fees for Services Other$203,726$40,997$77,393$322,116
Grants to Domestic Orgs$161,110--$161,110
Current Officers, Directors, Trustees, and Key Employees$58,233$58,833$43,076$160,142
Information Technology$90,548$22,649$6,282$119,479
Advertising$74,655$10,433$11,516$96,604
Fees for Services Legal$15,838$80,237-$96,075
Travel$83,931$60$1,354$85,345
Payroll Taxes$45,781$5,439$3,615$54,835
Fees for Service Investment Mgmnt Fees-$44,825-$44,825
Fees for Services Accounting-$38,700-$38,700
Office Expenses$6,671$12,371$5,759$24,801
Other Expenses$25,425$20,499$32$20,499
Occupancy$5,109$8,387-$13,496
All Other Expenses$1,393$975$6,524$8,892
Other Employee Benefits$3,100$2,087$150$5,337
Insurance$565$4,754-$5,319
Conferences and Meetings$1,686$959-$2,645
Total Functional Expenses$2,188,225$430,388$157,219$2,775,832

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,775,832
Total Expenses per Audited Statements$2,733,735
Expenses per Audited Statements$2,731,007
Expenses Not Reported on Financial Statements$44,825
Expenses Not Reported on Form 990$2,728
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Ohio State UniversityColumbus, OHGovernmentDR. ALAN DAVIS OF THE OHIO STATE'S CENTER FOR PSYCHEDELIC DRUG RESEARCH AND EDUCATION (CPDRE) IS LEADING PROGRAM EVALUATION OF VETS GRANTS RECIPIENTS.$161,110
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$578,240
Fundraising Gross Income$198,100
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Command Ground Gala$972,191$198,100$337,672$-139,572
Total Events$972,191$198,100$578,240$-380,140
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Marcus and amber capone are married.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 will be reviewed by the board. The final copy of the form 990 will be forwarded to all members of the board before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Periodic reviews are conducted to ensure compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The organization used comparable salaries in similar industries to determine top management compensation.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financials are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Vetsveterans Exploring Treatment
EIN
84-1956561
Phone
3104993335
Address
PO BOX 92040, SOUTHLAKE, TX 76092

Signing Officer

Name
Amber Capone
Title
Co-founder & CEO
Phone
3104993335
Signed
2024-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amber Capone
Formed
2019
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
9
Volunteers
30

Preparer

Firm
Evergreen Alliance Professional Corp
Address
4332 CERRITOS AVE SUITE A105, LOS ALAMITOS, CA 90720
Preparer
Rebecca Christiansen
Phone
7143728110
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 203,726. Management and general expenses 40,997. Fundraising expenses 77,393. Total expenses 322,116.”

Form 990, Part XII, Line 2C

“The organization did not change its selection or oversight process during the year.”

Financial Statement Notes

PART V, LINE 4:

“Income earned from the endowment shall only be used to directly assist injured warriors.”

PART X, LINE 2:

“Vets is exempt from federal income and state franchise taxes under section 501(c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code, respectively. Vets has been classified as "other than a private foundation" by the internal revenue service. Vets recognizes the financial statement benefit of tax positions, such as filing status of tax exempt, only after determining that the relevant tax authority would more likely than not sustain the position following an audit.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Merchandise expense 2,728.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Merchandise expense 2,728.”

Raw XML AppendixShowing 400 of 567 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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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0150
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02087
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03100
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05337
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE - COACH
IRS990/OtherExpensesGrp/Desc1BANK & MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSE - OTHER
IRS990/OtherExpensesGrp/Desc3PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/FundraisingAmt032
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047345
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11080
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220499
IRS990/OtherExpensesGrp/ProgramServicesAmt0217568
IRS990/OtherExpensesGrp/ProgramServicesAmt125425
IRS990/OtherExpensesGrp/TotalAmt0217568
IRS990/OtherExpensesGrp/TotalAmt147345
IRS990/OtherExpensesGrp/TotalAmt226537
IRS990/OtherExpensesGrp/TotalAmt320499
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01518
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029758
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0493371
IRS990/OtherSalariesAndWagesGrp/TotalAmt0524647
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03615
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05439
IRS990/PayrollTaxesGrp/ProgramServicesAmt045781
IRS990/PayrollTaxesGrp/TotalAmt054835
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0968350
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0718350
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017339
IRS990/PrincipalOfficerNm0AMBER CAPONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH - PROVIDE FUNDING AND SUPPORT FOR RESEARCH INTO PSYCHEDELIC-ASSISTED THERAPIES. THIS INCLUDES FUNDING DIRECT RESEARCH COSTS AND OTHER RELATED COSTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0203186
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0161110
IRS990/ProgSrvcAccomActy3Grp/Desc0ADVOCACY - PUBLICLY ADVOCATING FOR ACCESS TO PSYCHEDELIC-ASSISTED THERAPIES FOR ALL VETERANS. INCLUDES ENGAGEMENT AND SUPPORT OF LEGISLATION AT THE STATE AND FEDERAL LEVEL THAT WILL LEAD TO EXPANDED ACCESS TO PSYCHEDELIC-ASSISTED THERAPIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0160755
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALL OTHER - ANY OTHER ACTIVITIES THAT ARE RELATED TO THE VETS MISSION BUT NOT DIRECTLY COVERED UNDER THE THREE MAIN PROGRAM PILLARS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0865576
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04414123
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0839625
IRS990/PYInvestmentIncomeAmt073895
IRS990/PYOtherExpensesAmt01003114
IRS990/PYOtherRevenueAmt0-119166
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01970421
IRS990/PYSalariesCompEmpBnftPaidAmt0555692
IRS990/PYTotalExpensesAmt02398431
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04368852
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-986629
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0240102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0147354
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: ESTATE BEQUEST AMOUNT: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02056327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04414124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05398697
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0886543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0225998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012981689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0208686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt074646
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0283333
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05332
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85870
IRS990ScheduleA/PublicSupportTotal170Amt011404183
IRS990ScheduleA/SubstantialContributorsTotAmt01577506
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02056327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04414124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05398697
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0886543
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0225998
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012981689
IRS990ScheduleA/TotalSupportAmt013280868
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt010514
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt010514
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt064853
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt063060
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0127913
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0259411
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0252239
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0511650
IRS990ScheduleC/GrassrootsCeilingAmt0191870
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt064853
IRS990ScheduleC/LobbyingCeilingAmt0767475
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0259411
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt02188225
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt02188225
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03000000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0131625
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03000000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0306959
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0438584
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03474119
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt076632
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03000000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-67753
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0482998
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03474119
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03474119
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt02728
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt044825
IRS990ScheduleD/ExpensesSubtotalAmt02731007
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt044825
IRS990ScheduleD/InvestmentExpensesNotIncldAmt044825
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0204457
IRS990ScheduleD/OtherExpensesIncludedAmt02728
IRS990ScheduleD/OtherRevenueAmt02728
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0152467
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12097428
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21818005
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt328939
IRS990ScheduleD/OtherSecuritiesGrp/Desc0STOCKS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ETFS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3CORPORATE FIXED INCOME
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0207185
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt044825
IRS990ScheduleD/RevenueSubtotalAmt01744378
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME EARNED FROM THE ENDOWMENT SHALL ONLY BE USED TO DIRECTLY ASSIST INJURED WARRIORS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VETS IS EXEMPT FROM FEDERAL INCOME AND STATE FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. VETS HAS BEEN CLASSIFIED AS "OTHER THAN A PRIVATE FOUNDATION" BY THE INTERNAL REVENUE SERVICE. VETS RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS FILING STATUS OF TAX EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2MERCHANDISE EXPENSE 2,728.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3MERCHANDISE EXPENSE 2,728.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt04096839

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,565,231
Liabilities
$46,459
Net assets
$5,518,772
Revenue
$1,789,203
Expenses
$2,775,832
Net income
-$986,629
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.08$5.74$3.33$3.13$0.20
2023Detailed filing. Detailed filing data is available for this year.$5.57$0.05$5.52$1.79$2.78$0.99
2023Summary only. Only limited summary data is available for this year.$5.57$0.05$5.52$1.79$2.78$0.99
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.39$0.09$6.30$4.37$2.40$1.97
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.04$4.47$5.21$1.13$4.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.02$0.39$0.89$0.64$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.23$0.08$0.15