Veterans Outreach of Wisconsin

EIN: 464449307 501(c)(3) Human Services

Racine, WI

Total Revenue
$3,852,830
Total Expenses
$3,732,525
Total Assets
$1,674,810
Net Assets
$1,515,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
WI
Principal Officer
Mike Rembalski
Phone
2622218350
Tax Period
2024-01-01 to 2024-12-31

Veterans Outreach of Wisconsin, founded in 2016, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 3% surplus.

Mission

Help veterans strive for normalcy in life by helping them furnish their newfound homes while providing additional assistance as needed. Additional assistance includes but is not limited to, food, clothing, housing, housing assistance, and mental health referrals.

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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 $3,852,830
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,852,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $454,379
Fundraising Expenses $79,831
Program Expenses $3,424,512
Other Expenses $3,278,146
TOTAL EXPENSES $3,732,525

Year-over-Year Comparison

2024 2023 Change
Revenue $3,852,830 $2,961,248 +0.3%
Expenses $3,732,525 $2,961,473 +0.3%
Net Income $120,305 $-225 -535.7%
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
10
Independent Members
10
Employees
19
Volunteers
450

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trevor Morgan Director 1.00
Director
$0 $0 $0
Shawn Rivers Director 1.00
Director
$0 $0 $0
Laura DeGroot Director 5.00
Director
$0 $0 $0
Aimee Hooper Director 1.00
Director
$0 $0 $0
Tim Mason Director 1.00
Director
$0 $0 $0
Les Hedrington President 1.00
Officer
$0 $0 $0
Louise Paul Treasurer 1.00
Officer
$0 $0 $0
Mark Sorensen Vice President 1.00
Officer
$0 $0 $0
Mike Rembalski Executive Director 55.00
Officer
$0 $0 $0
Matt Ostergaard Secretary 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
2024 $3,852,830 $3,732,525 $1,674,810 $120,305
2023 $2,961,248 $2,961,473 $1,546,998 $-225
2022 $3,088,351 $2,551,246 $1,928,335 $537,105
2021 $605,971 $531,576 $1,424,575 $74,395
2020 $672,430 $453,645 $1,371,184 $218,785
2019 $740,277 $426,340 $1,103,241 $313,937
2018 $705,796 $365,477 $803,564 $340,319
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