Civic Intelligence

51 Vets Incorporated

EIN 88-2112611 • 501(c)3 • Alpharetta, GA

Pub. 78 Eligible

Profile

51 vets helps veterans from the special operations and aviation communities transition into finance, consulting, venture and leadership roles.

48012 Gardner DriveAlpharetta, GA 30009

www.51vets.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

97th percentile

290%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

94th percentile

132%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$223,550

Up $125,555 (+128%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

Up

$223,550

Up $125,555 (+128%) from 2023

Revenue

Up

$276,601

Up $25,714 (+10%) from 2023

Expenses

Down

$151,046

Down $16,509 (-9.9%) from 2023

Net Income

Up

$125,555

Up $42,223 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2022: $14,663Liabilities 2022: $1Net Assets 2022: $14,6632022Assets 2023: $97,995Liabilities 2023: $1Net Assets 2023: $97,9952023Assets 2024: $223,550Liabilities 2024: $0Net Assets 2024: $223,5502024

Highlighted filing

2024

Assets$223,550
Liabilities$0
Net Assets$223,550

Operations Trend

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

$300K$200K$100K$0Revenue 2022: $51,429Expenses 2022: $36,766Net Income 2022: $14,6632022Revenue 2023: $250,887Expenses 2023: $167,555Net Income 2023: $83,3322023Revenue 2024: $276,601Expenses 2024: $151,046Net Income 2024: $125,5552024

Highlighted filing

2024

Revenue$276,601
Expenses$151,046
Net Income$125,555

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$388,543
Mission and Program Overview

Mission

51 vets helps veterans from the special operations and aviation communities transition into finance, consulting, venture and leadership roles.

51 vets helps veterans from the special operations & aviation communities (see schedule o) transition into finance, consulting, venture and leadership roles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$97,995$223,550▲ $125,555
Rtn Earn Endowment Incm Other Fnds$97,995$223,550▲ $125,555
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$97,995$223,550▲ $125,555
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$97,995$223,550▲ $125,555
Total Liabilities and Net Assets / Fund Balance$97,995$223,550▲ $125,555
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lindsey SchiroExecutive DirectorFT$101,751$101,751

Board Members and Trustees

NameTitle
Jordan SelleckPresident/founder
Alex DaieVice President
Zach WaltersDirector
John Robert ToddDirector (as of 01/2024)
Weston HovdeDirector (as of 10/2024)
Christopher RobinsonSecretary
WILLIAM O'NEILTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$388,543
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-111,942
All Other Contributions
$250,449
Change in Net Assets
$125,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$110,981
Other Expenses$40,065
Total Fundraising Expense$11,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$88,785$11,098$11,098$110,981
Travel$19,839--$19,839
Office Expenses$14,444--$14,444
Other Expenses$1,032--$1,032
Advertising$500--$500
Total Functional Expenses$128,850$11,098$11,098$151,046
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$111,942
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ny Benefit Dinner$125,618---
Dallas City Summit$10,271-$187-
Total Events$135,889-$111,942$-111,942
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
No
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 B, Line 11B

The federal form 990 is prepared by the 51 vets's tax firm, grant thornton advisors llc. After grant thornton advisors thoroughly reviews and confirms that the form 990 is accurate and complete, it is first reviewed with the ceo. Following this, the board conducts its review, and once approved, the form 990 is filed with the internal revenue service.

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

Conflict of interest policy annually all directors, officers and employees must disclose any interests that could give rise to conflicts. Any actual, potential, or apparent conflicts are referred to the president/secretary, and board of directors, who take appropriate action, when necessary. In case of any potential conflict or conflicts related to financial transactions the matter is presented to the board of directors, who take action in compliance with applicable federal law relevant to "excess benefit transitions and applicable california law. All persons who violate the policy under irs code section 4958 may be subject to discharge or removal from his/her position with the corporation by vote of directors.

Form 990, Part VI, Section C, Line 19

Form 990 are available upon request from the organization.

Filing and Contact Details

Filer

Filer Name
51 Vets Incorporated
EIN
88-2112611
Phone
2098147994
Address
48012 GARDNER DRIVE, ALPHARETTA, GA 30009

Signing Officer

Name
Tyler Williams
Title
Chief of Finance
Phone
2098147994
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maggie Larson
Formed
2022
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
4

Preparer

Firm
Grant Thornton Advisors LLC
Address
53 STATE STREET SUITE 1600, BOSTON, MA 02109
Preparer
Erin Couture
Phone
6177237900
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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/ExplanationTxt0THE FEDERAL FORM 990 IS PREPARED BY THE 51 VETS'S TAX FIRM, GRANT THORNTON ADVISORS LLC. AFTER GRANT THORNTON ADVISORS THOROUGHLY REVIEWS AND CONFIRMS THAT THE FORM 990 IS ACCURATE AND COMPLETE, IT IS FIRST REVIEWED WITH THE CEO. FOLLOWING THIS, THE BOARD CONDUCTS ITS REVIEW, AND ONCE APPROVED, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY ANNUALLY ALL DIRECTORS, OFFICERS AND EMPLOYEES MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE PRESIDENT/SECRETARY, AND BOARD OF DIRECTORS, WHO TAKE APPROPRIATE ACTION, WHEN NECESSARY. IN CASE OF ANY POTENTIAL CONFLICT OR CONFLICTS RELATED TO FINANCIAL TRANSACTIONS THE MATTER IS PRESENTED TO THE BOARD OF DIRECTORS, WHO TAKE ACTION IN COMPLIANCE WITH APPLICABLE FEDERAL LAW RELEVANT TO "EXCESS BENEFIT TRANSITIONS AND APPLICABLE CALIFORNIA LAW. ALL PERSONS WHO VIOLATE THE POLICY UNDER IRS CODE SECTION 4958 MAY BE SUBJECT TO DISCHARGE OR REMOVAL FROM HIS/HER POSITION WITH THE CORPORATION BY VOTE OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION.
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalProgramServiceExpensesAmt0128850
IRS990/TotalReportableCompFromOrgAmt0101751
IRS990/TotalRevenueGrp/ExclusionAmt0-111942
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TYLER WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum02098147994
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt051 VETS INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt051VE
ReturnHeader/Filer/EIN0882112611
ReturnHeader/Filer/PhoneNum02098147994
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0991856619
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT THORNTON ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt053 STATE STREET SUITE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002109
ReturnHeader/PreparerPersonGrp/PhoneNum06177237900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN COUTURE
ReturnHeader/ReturnTs02025-11-17T17:46:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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