DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VETS TO VETS UNITED INC, founded in 2012, is a small nonprofit in the Animal-Related sector that reported $158K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $177K exceeded revenue, resulting in a 12% operating deficit.
THE VETS TO VETS MISSION IS TO PROVIDE AS MANY VETERANS AS POSSIBLE IN NEED OF COMPANIONSHIP, SERVICE AND LOVE WITH SERVICE, THERAPY OR COMPANION ANIMALS; REDUCE THE HIGH NUMBERS OF ANIMALS UNNECESSARILY EUTHANIZED IN THE LOCAL SHELTERS, WHO ARE ALSO IN DESPERATE NEED OF LOVE AND COMPANIONSHIP. PROVIDE SERVICE AND TRAINING AT NO COST TO THE VETERAN. MOTIVATE OUR VETERANS BY PROVIDING FUN/EDUCATIONAL ACTIVITIES AND COMMUNITY SERVICE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $158,379 | $351,379 | -0.5% |
| Expenses | $176,878 | $157,555 | +0.1% |
| Net Income | $-18,499 | $193,824 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TERRY L MORRIS | EXECUTIVE DI | 40.00 |
Officer
|
$38,502 | $0 | $38,502 |
| BILL DIXON | CHAIRMAN | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| VERTIS RICHARDSON | VICE CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES REYNOLDS | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| AIMEE KING | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRAD MOSES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WANDA EVANS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WANDA ROGERS BROWN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LUISA REYNOLDS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $158,379 | $176,878 | $318,894 | $-18,499 |
| 2022 | $351,379 | $157,555 | $335,534 | $193,824 |
| 2021 | $159,886 | $127,809 | $122,128 | $32,077 |
| 2020 | $135,100 | $120,565 | $82,149 | $14,535 |
| 2019 | $142,602 | $99,198 | $56,306 | $43,404 |
| 2018 | $77,807 | $94,165 | $18,787 | $-16,358 |
Compare VETS TO VETS UNITED INC with other nonprofits in North Carolina and across the country.