Veterans Outreach Center Inc (EIN 161137379) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

Laura Heltz

Phone

5852957803

Tax Period

2024-01-01 to 2024-12-31

Veterans Outreach Center Inc, founded in 1979, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 26% operating margin.

Mission

Provide supportive services to U.S. veterans and their families.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,324,564

Program Service Revenue $0

Investment Income $213,797

Other Revenue $32,470

TOTAL REVENUE $6,570,831

Expense Breakdown

Grants Paid $87,239

Salaries & Benefits $2,966,236

Fundraising Expenses $614,699

Program Expenses $3,248,619

Other Expenses $1,812,265

TOTAL EXPENSES $4,865,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,570,831	$4,867,505	+0.3%
Expenses	$4,865,740	$4,181,180	+0.2%
Net Income	$1,705,091	$686,325	+1.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

475

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

$172,203

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Catone	Secretary	0.10	Officer Director	$0	$0	$0
Jessie Gregorio	Corporate Counsel	0.10	Officer Director	$0	$0	$0
Marvin Patterson Jr	Board Member	0.10	Director	$0	$0	$0
Don Reeve	Vice-Chairman	0.10	Officer Director	$0	$0	$0
Bernie Schroeder	Treasurer	0.20	Officer Director	$0	$0	$0
Matthew Legere	Board Member	0.10	Director	$0	$0	$0
Ellen Adams	Board Chair	0.10	Officer Director	$0	$0	$0
Dylan Potter	Board Member	0.20	Director	$0	$0	$0
Dr Peter Ziarnowski	Board Member	0.10	Director	$0	$0	$0
Sean McNamara	Board Member	0.20	Director	$0	$0	$0
Joseph Robach	Board Member	0.10	Director	$0	$0	$0
Jim Magee	Board Member	0.10	Director	$0	$0	$0
Yashira Rodriguez	Board Member	0.10	Director	$0	$0	$0
Edward French	Board Member	0.10	Director	$0	$0	$0
Greg Schneider	Board Member	0.10	Director	$0	$0	$0
Laura Heltz	Executive Director	40.00	Officer	$170,726	$1,477	$172,203

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	$6,570,831	$4,865,740	$16,238,696	$1,705,091
2023	$4,867,505	$4,181,180	$14,580,688	$686,325
2022	$5,282,917	$3,741,326	$17,316,392	$1,541,591
2021	$5,967,513	$3,274,537	$10,292,940	$2,692,976
2020	$3,671,791	$3,125,782	$7,402,433	$546,009
2019	$3,433,261	$2,770,823	$6,890,829	$662,438
2018	$3,123,620	$2,991,206	$5,271,122	$132,414

Veterans Outreach Center Inc