VETERANS EDUCATION SUCCESS INC

EIN: 462070196 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$1,087,756
Total Expenses
$1,275,736
Total Assets
$3,522,120
Net Assets
$3,508,852
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MD
Principal Officer
CARRIE WOFFORD
Phone
2028385050
Tax Period
2024-01-01 to 2024-12-31

VETERANS EDUCATION SUCCESS INC, founded in 2013, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO ADVANCE HIGHER EDUCATION SUCCESS FOR VETERANS, SERVICE MEMBERS, AND MILITARY FAMILIES, AND TO PROTECT THE INTEGRITY AND PROMISE OF THE GI BILL AND OTHER FEDERAL EDUCATION PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $763,673

POLICY: PROVIDE POLICY ANALYSIS, EXPERTISE AND INFORMATION TO ASSIST FEDERAL AND STATE GOVERNMENT IN ADVANCING HIGHER EDUCATION SUCCESS FOR VETERANS, SERVICE MEMBERS AND THEIR FAMILIES AND SURVIVORS...

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POLICY: PROVIDE POLICY ANALYSIS, EXPERTISE AND INFORMATION TO ASSIST FEDERAL AND STATE GOVERNMENT IN ADVANCING HIGHER EDUCATION SUCCESS FOR VETERANS, SERVICE MEMBERS AND THEIR FAMILIES AND SURVIVORS; IMPROVING COLLEGE QUALITY; AND STOPPING DECEPTIVE COLLEGE RECRUITING AND FRAUD BY PREDATORY COLLEGES.

Program 2
Expenses: $209,293

FREE HELP FOR VETERANS/CIVIC ENGAGEMENT: PROVIDE FREE ASSISTANCE AND COLLEGE AND CAREER COUNSELING TO APPROXIMATELY 5,000 VETERANS, SERVICE MEMBERS AND THEIR FAMILIIES AND SURVIVORS (WITH...

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FREE HELP FOR VETERANS/CIVIC ENGAGEMENT: PROVIDE FREE ASSISTANCE AND COLLEGE AND CAREER COUNSELING TO APPROXIMATELY 5,000 VETERANS, SERVICE MEMBERS AND THEIR FAMILIIES AND SURVIVORS (WITH APPROXIMATELY 15 NEW INCOMING VETERANS EACH WEEK) WHO NEED HELP WITH THEIR GI BILL OR PROBLEMS WITH THEIR POSTSECONDARY INSTITUTION OR WHO WERE VICTIMS OF PREDATORY COLLEGE RECRUITING AND FRAUD; HELP THEM CONNECT TO FEDERAL AND STATE GOVERNMENT RESOURCES. ALSO ASSIST WHISTLEBLOWERS IN CONNECTING WITH FEDERAL AND STATE LAW ENFORCEMENT.BRINGING VETERANS, SERVICE MEMBERS AND MILITARY FAMILIES TO SHARE THEIR STORIES WITH GOVERNMENT OFFICIALS AND GET HELP FROM THEIR GOVERNMENT.

Program 3
Expenses: $147,138

RESEARCH: CONDUCT NONPARTISAN, ACADEMIC RESEARCH INTO ISSUES OF PRIME IMPORTANCE TO STUDENT VETERANS, SERVICE MEMBERS AND THEIR FAMILIES, INCLUDING STUDENT OUTCOMES UNDER THE GI BILL.

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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 $1,003,746
Program Service Revenue $0
Investment Income $84,010
Other Revenue $0
TOTAL REVENUE $1,087,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,028,055
Fundraising Expenses $28,905
Program Expenses $1,191,316
Other Expenses $247,681
TOTAL EXPENSES $1,275,736

Year-over-Year Comparison

2024 2023 Change
Revenue $1,087,756 $1,979,699 -0.5%
Expenses $1,275,736 $1,613,460 -0.2%
Net Income $-187,980 $366,239 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
8
Volunteers
4

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
4
$198,842
Total Directors
5
$198,842
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE WOFFORD PRESIDENT AND DIRECTOR 40.00
Officer Director
$161,553 $37,289 $198,842
DANIEL SMITH VICE PRESIDENT AND DIRECTOR 2.00
Officer Director
$0 $0 $0
BETHANY LITTLE TREASURER AND DIRECTOR 5.00
Officer Director
$0 $0 $0
THOMAS TARANTINO SECRETARY AND DIRECTOR 2.00
Officer Director
$0 $0 $0
DANIEL CAREY DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM HUBBARD VP FOR VETERANS & MILITARY POLICY 40.00
Highest
$165,037 $5,877 $170,914
DELLA JUSTICE VICE PRESIDENT FOR LEGAL AFFAIRS 40.00
Highest
$158,815 $28,456 $187,271
BARMAK NASSIRIAN VP FOR HIGHER EDUCATION POLICY 40.00
Highest
$152,051 $36,833 $188,884
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
2025 No data No data No data No data
2024 $1,087,756 $1,275,736 $3,522,120 $-187,980
2023 $1,979,699 $1,613,460 $3,709,431 $366,239
2022 $495,150 $1,645,782 $3,340,461 $-1,150,632
2021 $3,336,791 $1,537,659 $4,542,087 $1,799,132
2020 $1,891,403 $1,870,251 $2,713,712 $21,152
2019 $2,104,273 $1,092,300 $2,665,133 $1,011,973
2018 $1,796,712 $1,136,525 $1,648,968 $660,187
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