VETS 1ST INC

EIN: 030486104 501(c)(3) Recreation & Sports

LEWES, DE

Total Revenue
$-126,161
Total Expenses
$40,390
Total Assets
$938,960
Net Assets
$-516,000
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Principal Officer
JOHN TRAVIS
Phone
3025982630
Tax Period
2024-01-01 to 2024-12-31

VETS 1ST INC, founded in 2003, is a micro nonprofit in the Recreation & Sports sector that reported $126K in total revenue in fiscal year 2024. Revenue fell 35538% from the prior year — a significant decline worth monitoring.

Mission

VETS 1ST INC PROVIDES US MILITARY VETS WITH HOUSING, TRAINING AND A CARING WORK ENVIROMENT THAT FOSTERS PERSONAL ENRICHMENT & PROFESSIONAL GROWTH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,376
Program Service Revenue $0
Investment Income $-132,537
Other Revenue $0
TOTAL REVENUE $-126,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $40,390
TOTAL EXPENSES $40,390

Year-over-Year Comparison

2024 2023 Change
Revenue $-126,161 $356 -355.4%
Expenses $40,390 $12,695 +2.2%
Net Income $-166,551 $-12,339 +12.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TRAVIS CHAIRMAN N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $-126,161 $40,390 $938,960 $-166,551
2023 $356 $12,695 $1,311,627 $-12,339
2022 $-374,324 $5,114 $1,581,821 $-379,438
2021 $1 $3,000 $496,259 $-2,999
2020 No data $82 $353,490 No data
2019 $41,081 $7,800 $314,753 $33,281
2018 $4,468 No data $4,240 No data
Explore More Nonprofits
Top 100 Nonprofits in Delaware Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETS 1ST INC with other nonprofits in Delaware and across the country.