VETERANS RESOURCE GROUP INC (EIN 208120737) - 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

2014

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

VETERANS RESOURCE GROUP INC, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $576K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE SUPPORTIVE EMPLOYMENT TO VETERANS AND INDIVIDUALS WITH DISABILITIES. OUR SUPPORTIVE EMPLOYMENT PROGRAM OFFERS INDIVIDUALS WITH DISABILITIES THE SUPPORT AND ASSISTANCE THEY NEED TO MAKE LONG-TERM EMPLOYMENT A REALITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $576,005

Investment Income $26

Other Revenue $0

TOTAL REVENUE $576,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,230

Fundraising Expenses $0

Program Expenses $422,855

Other Expenses $426,067

TOTAL EXPENSES $613,297

Year-over-Year Comparison

	2023	2022	Change
Revenue	$576,031	$381,263	+0.5%
Expenses	$613,297	$442,872	+0.4%
Net Income	$-37,266	$-61,609	-0.4%

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

300

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON KENNDY	BOARD MEMBER	2.00	Director	$0	$0	$0
DERRICK HENDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JANICE SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL BUSHELL	BOARD MEMBER	2.00	Director	$0	$0	$0
TONY HARDIN	EXECUTIVE DIRECTORCEO	5.00	Officer 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	No data	No data	No data	No data
2023	$576,031	$613,297	$16,390	$-37,266
2022	$381,263	$442,872	$7,804	$-61,609
2021	$266,566	$263,367	$26,769	$3,199

VETERANS RESOURCE GROUP INC