Civic Intelligence

Vets2Industry Foundation Inc.

EIN 84-3849037 • 501(c)3 • Dallas, GA

Pub. 78 Eligible990-N CoverageNTEE S30

Profile

To provide a free resource library for the military community - active, guard, reserve, veteran, military spouse, dependent children, blue-star & gold-star failies and caregivers

343 Northridge DrDallas, GA 30132

www.vets2industry.com

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.39x

Higher debt load relative to assets than 83% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2022

Net Margin

71st percentile

25%

Higher net margin than 71% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE S30 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$37,509

No earlier filing loaded for comparison.

Liabilities

$14,779

No earlier filing loaded for comparison.

Net Assets

$22,730

No earlier filing loaded for comparison.

Revenue

$89,458

No earlier filing loaded for comparison.

Expenses

$66,728

No earlier filing loaded for comparison.

Net Income

$22,730

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2022: $37,509Liabilities 2022: $14,779Net Assets 2022: $22,7302022

Highlighted filing

2022

Assets$37,509
Liabilities$14,779
Net Assets$22,730

Operations Trend

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

$100K$50K$0Revenue 2022: $89,458Expenses 2022: $66,728Net Income 2022: $22,7302022

Highlighted filing

2022

Revenue$89,458
Expenses$66,728
Net Income$22,730

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$37.5$14.8$22.7$89.5$66.7$22.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$89,458
Mission and Program Overview

Mission

To provide a free resource library for the military community - active, guard, reserve, veteran, military spouse, dependent children, blue-star & gold-star failies and caregivers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$37,415-
Rtn Earn Endowment Incm Other Fnds-$22,730-
Savings and Temporary Cash Investments-$94-
Total Assets$0$37,509▲ $37,509
Liabilities
Accounts Payable and Accrued Expenses-$14,779-
Total Liabilities$0$14,779▲ $14,779
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$22,730▲ $22,730
Total Liabilities and Net Assets / Fund Balance$0$37,509▲ $37,509
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian ArringtonPresident and Founder
Alfredo TorresVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$89,454
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$0
Change in Net Assets
$22,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,861
Salaries, Compensation, and Employee Benefits$13,367
Professional Fundraising Fees$3,500
Total Fundraising Expense$3,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$15,948-$15,948
Current Officers, Directors, Trustees, and Key Employees-$11,811-$11,811
Travel-$9,708-$9,708
Office Expenses-$7,162-$7,162
Advertising-$6,838-$6,838
Fees for Services Professional Fundraising--$3,500$3,500
Fees for Services Accounting-$3,240-$3,240
Fees for Services Other-$2,167-$2,167
Payroll Taxes-$1,556-$1,556
Other Expenses-$90-$90
Total Functional Expenses$0$63,228$3,500$66,728
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$3,500

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
1-$-89,454-$-89,454
Total Events-$-89,454-$-89,454
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 governing body review Part VI line 11

Form 990 was sent to the organization before it was electronically filed.

Conflict of interest policy compliance Part VI line 12C

The entity has a conflict of innterst policy in the bylaws

Other officer or key employee compensation Part VI line 15B

Officer was compensated for time worked for the entity over normal volunteer hours

Governing documents etc available to public Part VI line 19

Forms are available on the irs charitable organization website. Forms are also available by request

Filing and Contact Details

Filer

Filer Name
Vets2industry Foundation Inc
EIN
84-3849037
Address
343 NORTHRIDGE DR, Dallas, GA 30132

Signing Officer

Name
Brian Arrington
Title
President and F
Phone
8006741003
Signed
2024-05-14
Discuss with paid preparer
No

Organization Details

Principal Officer
Brian Arrington
Formed
2019
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Weaver Accounting Solutions LLC
Address
18 Sunnie Way, Gettysburg, PA 17325
Preparer
Jenine Weaver
Phone
4437620891
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

CONTRACTOR PAYMENTS

List of other expenses Part IX line 24E

OTHER EXPENSES

Raw XML Appendix300 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ENTITY HAS A CONFLICT OF INNTERST POLICY IN THE BYLAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER WAS COMPENSATED FOR TIME WORKED FOR THE ENTITY OVER NORMAL VOLUNTEER HOURS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORMS ARE AVAILABLE ON THE IRS CHARITABLE ORGANIZATION WEBSITE. FORMS ARE ALSO AVAILABLE BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTOR PAYMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER EXPENSES
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ReturnHeader/ReturnTs02024-05-14T10:11:36-04:00
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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