THE VETERANS GROUP INC (EIN 261323081) - 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

2007

Legal Domicile

Principal Officer

Jeffrey Oulton

Phone

2152224379

Tax Period

2023-10-01 to 2024-09-30

THE VETERANS GROUP INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $149K in total revenue in fiscal year 2023. Revenue surged 444% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 96% operating margin.

Mission

PROVIDE ACCESS TO FOOD, SHELTER AND SUPPORT SERVICES TO HOMELESS VETERANS OR VETERANS WHO ARE AT BECOMING HOMELESS

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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 $5,654

Program Service Revenue $0

Investment Income $143,586

Other Revenue $0

TOTAL REVENUE $149,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $261

Program Expenses $4,519

Other Expenses $5,954

TOTAL EXPENSES $5,954

Year-over-Year Comparison

	2023	2022	Change
Revenue	$149,240	$27,430	+4.4%
Expenses	$5,954	$160,748	-1.0%
Net Income	$143,286	$-133,318	-2.1%

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

N/A

Volunteers

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
STEVE PHILLABAUM	BOARD MEMBER	1	Director	$0	$0	$0
NICK LOYLE	BOARD MEMBER	1	Director	$0	$0	$0
STEPHEN WAGNER	BOARD MEMBER	1	Director	$0	$0	$0
ERIC R COHEN	BOARD MEMBER	1	Director	$0	$0	$0
MICHAEL PALLADINO	PRESIDENT OF THE BOARD	1	Officer Director	$0	$0	$0
JEFFREY OULTON	TREASURER	1	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	$149,240	$5,954	$47,068	$143,286
2023	$27,430	$160,748	$999,696	$-133,318
2022	$85,433	$132,031	$1,049,465	$-46,598
2021	$257,527	$204,891	$1,118,799	$52,636
2020	$146,167	$186,926	$1,061,521	$-40,759

THE VETERANS GROUP INC