Civic Intelligence

Veterans Independent Enterprises Wa

EIN 91-1398031 • 501(c)3 • Seattle, WA

Profile

Sheltered workshop for homeless disabled veterans coming out of drug, alcohol or mental health treatment. Provide transitional housing, work therapy, and onsite counseling. Retraining skills in production, assembly, packaging, warehouse and delivery.

155 NE 100th Street Suite 205Seattle, WA 98125

www.veteransworkshop.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $2,951,948 (-100%) from 2022

Liabilities

Down

$0

Down $1,114,194 (-100%) from 2022

Net Assets

Down

$0

Down $1,837,754 (-100%) from 2022

Revenue

Down

$0

Down $73,954 (-100%) from 2022

Expenses

Up

$215,553

Up $158,191 (+276%) from 2022

Net Income

Down

-$215,553

Down $232,145 (-1399%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $152,729Liabilities 2010: $152,729Net Assets 2010: $02010Assets 2011: $157,046Liabilities 2011: $157,046Net Assets 2011: $02011Assets 2012: $179,432Liabilities 2012: $179,432Net Assets 2012: $02012Assets 2013: $132,383Liabilities 2013: $129,737Net Assets 2013: $2,6462013Assets 2015: $154,152Liabilities 2015: $327,060Net Assets 2015: -$172,9082015Assets 2016: $1,708,241Liabilities 2016: $559,114Net Assets 2016: $1,149,1272016Assets 2019: $2,437,273Liabilities 2019: $1,789,945Net Assets 2019: $647,3282019Assets 2020: $2,488,344Liabilities 2020: $850,314Net Assets 2020: $1,638,0302020Assets 2022: $2,951,948Liabilities 2022: $1,114,194Net Assets 2022: $1,837,7542022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,168,974Expenses 2010: $989,402Net Income 2010: $179,5722010Revenue 2011: $1,463,403Expenses 2011: $1,463,403Net Income 2011: $02011Revenue 2012: $1,417,394Expenses 2012: $1,417,394Net Income 2012: $02012Revenue 2013: $987,496Expenses 2013: $984,850Net Income 2013: $2,6462013Revenue 2015: $993,517Expenses 2015: $807,405Net Income 2015: $186,1122015Revenue 2016: $1,026,481Expenses 2016: $1,426,753Net Income 2016: -$400,2722016Revenue 2019: $435,692Expenses 2019: $637,241Net Income 2019: -$201,5492019Revenue 2020: $1,525,110Expenses 2020: $534,408Net Income 2020: $990,7022020Revenue 2022: $73,954Expenses 2022: $57,362Net Income 2022: $16,5922022Revenue 2023: $0Expenses 2023: $215,553Net Income 2023: -$215,5532023

Highlighted filing

2023

Revenue$0
Expenses$215,553
Net Income-$215,553

Filings

Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$73,954
Mission and Program Overview

Mission

Sheltered workshop for homeless disabled veterans coming out of drug, alcohol or mental health treatment. Provide transitional housing, work therapy, and onsite counseling. Retraining skills in production, assembly, packaging, warehouse and delivery.

View is a work opportunity center focused on assisting veterans in transition. Our mission is to provide temporary housing to help facilitate the goal of self sufficiency and successful transition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,821,162$1,837,754▲ $16,592
Land, Buildings, and Equipment, Net$1,393,678$1,393,678→ $0
Cash and Non-Interest-Bearing Accounts$1,424,722$1,371,832▼ $52,890
Accounts Receivable$112,484$186,438▲ $73,954
Total Assets$2,930,884$2,951,948▲ $21,064
Liabilities
Other Liabilities$965,503$965,503→ $0
Accounts Payable and Accrued Expenses$144,219$148,691▲ $4,472
Total Liabilities$1,109,722$1,114,194▲ $4,472
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,821,162$1,837,754▲ $16,592
Total Liabilities and Net Assets / Fund Balance$2,930,884$2,951,948▲ $21,064

Asset Categories

AssetBook ValueDepreciationBasis
Land$725,600-$725,600
Buildings$511,971-$511,971
Equipment$156,107-$156,107
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel BugbeeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$73,954
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$16,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$46,123
Other Expenses$11,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payroll Taxes$45,106--$45,106
Occupancy$5,186--$5,186
Insurance$4,951--$4,951
Office Expenses$1,102--$1,102
Other Employee Benefits$1,017--$1,017
Total Functional Expenses$57,362$0$0$57,362
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Receivership Liabilities$815,503
State of Wa$150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by the executive director. Once the records have been approved, the executive director submits the form 990 and the fy financial reports to the board for questions. After all questions to the accountant have been satisified, the board approves to submit to the irs.

Form 990, Page 6, Part VI, Line 12C

The executive director and the board president meet with supervisory staff weekly to ensure compliance with all policies.

Form 990, Page 6, Part VI, Line 15A

No one receivd compensation during 2021 calendar year. Only activity is a rental of 4 properties for temporary housing of veterans currently.

Form 990, Page 6, Part VI, Line 15B

The board of directors uses comparable data to determine salaries for other officers and key employess of the organization. No payments were made during 2021 for such services.

Form 990, Page 6, Part VI, Line 19

The conflict of interest policy and financial statments were available to the public upon written request. In addition, all policies were posted throughout the company for employee viewing.

Form 990, Part VII

The board of directors determine the salary for the executive director

Filing and Contact Details

Filer

Filer Name
Veterans Independent Enterprises Wa
EIN
91-1398031
Phone
2067951873
Address
155 NE 100TH STREET SUITE 205, SEATTLE, WA 98125

Signing Officer

Name
Daniel Bugbee
Title
Director
Phone
2067951873
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Bugbee
Formed
1988
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Wallace & Associates Ps
Address
4205 148TH AVENUE NE SUITE 200, BELLEVUE, WA 98007
Preparer
Marc Wallace CPA
Phone
4254534806
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

View is a work opportunity center focused on veterans transtion into society successfully with temporary housing options.

Raw XML Appendix278 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/MoreThan5000KToIndividualsInd0false
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IRS990/PartialLiquidationInd0false
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt057362
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherExpensesAmt037319
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VIEW IS A WORK OPPORTUNITY CENTER FOCUSED ON VETERANS TRANSTION INTO SOCIETY SUCCESSFULLY WITH TEMPORARY HOUSING OPTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR. ONCE THE RECORDS HAVE BEEN APPROVED, THE EXECUTIVE DIRECTOR SUBMITS THE FORM 990 AND THE FY FINANCIAL REPORTS TO THE BOARD FOR QUESTIONS. AFTER ALL QUESTIONS TO THE ACCOUNTANT HAVE BEEN SATISIFIED, THE BOARD APPROVES TO SUBMIT TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR AND THE BOARD PRESIDENT MEET WITH SUPERVISORY STAFF WEEKLY TO ENSURE COMPLIANCE WITH ALL POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO ONE RECEIVD COMPENSATION DURING 2021 CALENDAR YEAR. ONLY ACTIVITY IS A RENTAL OF 4 PROPERTIES FOR TEMPORARY HOUSING OF VETERANS CURRENTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS USES COMPARABLE DATA TO DETERMINE SALARIES FOR OTHER OFFICERS AND KEY EMPLOYESS OF THE ORGANIZATION. NO PAYMENTS WERE MADE DURING 2021 FOR SUCH SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS WERE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. IN ADDITION, ALL POLICIES WERE POSTED THROUGHOUT THE COMPANY FOR EMPLOYEE VIEWING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS DETERMINE THE SALARY FOR THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098007
ReturnHeader/PreparerPersonGrp/PhoneNum04254534806
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC WALLACE CPA
ReturnHeader/ReturnTs02023-11-15T15:41:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BUGBEE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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