SUPPORT EDUCATION AND EMPLOYMENT FOR VETS (EIN 383915710) - 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

2013

Legal Domicile

Principal Officer

VERN FINDLEY

Phone

6233771138

Tax Period

2023-01-01 to 2023-08-31

SUPPORT EDUCATION AND EMPLOYMENT FOR VETS, founded in 2013, is a micro nonprofit that reported $12K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $220K exceeded revenue, resulting in a 1694% operating deficit.

Mission

TO ACCELERATE THE SUPPORT OF MEN AND WOMEN WHO HAVE SERVED OUR NATION IN UNIFORM AS PRODUCTIVE MEMBERS OF THE CIVILIAN COMMUNITY, INCLUDING THE PURSUIT OF ACADEMIC OR CERTIFICATION GOALS, AND GREATER OPPORTUNITY TO SUCCEED AND ADVANCE IN THE WORKPLACE.

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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 $12,269

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,269

Expense Breakdown

Grants Paid $214,628

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $215,171

Other Expenses $5,518

TOTAL EXPENSES $220,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,269	$268,066	-1.0%
Expenses	$220,146	$168,069	+0.3%
Net Income	$-207,877	$99,997	-3.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY CORTRIGHT	BOARD MEMBER	1.00	Officer	$0	$0	$0
MICA ENDSLEY	BOARD MEMBER	1.00	Officer	$0	$0	$0
VERN FINDLEY	VICE CHAIR	9.00	Officer	$0	$0	$0
KEVIN HUDSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
THOMAS TEX MASCOT	TREASURER	2.00	Officer	$0	$0	$0
PETER PALMER	BOARD MEMBER	1.00	Officer	$0	$0	$0
IAN PARKINSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
GARY SCHLEUGER	BOARD MEMBER	1.00	Officer	$0	$0	$0
IRA SHAPIRO	BOARD MEMBER	1.00	Officer	$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
2023	$12,269	$220,146	No data	$-207,877
2022	$268,066	$168,069	$207,877	$99,997
2021	$215,131	$276,335	$107,880	$-61,204

SUPPORT EDUCATION AND EMPLOYMENT FOR VETS