US Veterans Corps USVC United States Veterans Corps

EIN: 454196778 501(c)(3) Public Safety

Raleigh, NC

Total Revenue
$8,520,429
Total Expenses
$7,450,558
Total Assets
$1,279,124
Net Assets
$1,252,003
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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
2011
Principal Officer
Andrew Ladner
Phone
9198189609
Tax Period
2024-01-01 to 2024-12-31

US Veterans Corps USVC United States Veterans Corps, founded in 2011, is a community nonprofit in the Public Safety sector that reported $8.5M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $7.5M left a modest 13% surplus.

Mission

Corp of military veterans performing hands-on community services with a mission deployment attitude.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,520,429
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $8,520,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $86,120
Fundraising Expenses $0
Program Expenses $7,255,485
Other Expenses $7,364,438
TOTAL EXPENSES $7,450,558

Year-over-Year Comparison

2024 2023 Change
Revenue $8,520,429 $5,141,019 +0.7%
Expenses $7,450,558 $5,323,464 +0.4%
Net Income $1,069,871 $-182,445 -6.9%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
1
Volunteers
50

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
1
$80,000
Total Directors
1
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Ladner Executive Dir. 40.00
Officer Director
$80,000 $0 $80,000
Marion Officer 20.00
$0 $0 $0
Wiiliam Officer 20.00
$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
2024 $8,520,429 $7,450,558 $1,279,124 $1,069,871
2023 $5,141,019 $5,323,464 $192,997 $-182,445
2022 $5,102,354 $4,927,632 $386,773 $174,722
2021 $6,317,522 $6,296,563 $200,348 $20,959
2020 $5,385,375 $5,383,775 $179,392 $1,600
2019 $987,981 $978,565 $177,797 $9,416
2019 $3,127,981 $3,118,565 $177,797 $9,416
2019 $3,127,981 $3,118,565 $177,797 $9,416
2018 $3,221,064 $3,242,231 $168,405 $-21,167
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