THE VETERANS TRUST INC

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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

2014

Principal Officer

LEE HEDIGER

Phone

8882608387

Tax Period

2024-01-01 to 2024-12-31

THE VETERANS TRUST INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $256K in total revenue in fiscal year 2024. Revenue surged 197% from the prior year, signaling strong growth momentum.

Mission

THE VETERANS TRUST (TVT) IS A STRATEGIC GRANT-MAKING FOUNDATION DEDICATED TO MAXIMIZE THE COOPERATION, COORDINATION AND COLLABORATION OF EXISTING VETERAN SERVICE ORGANIZATIONS IN THE COMMUNITY. TVT MAXIMIZES THE EFFECTIVENESS AND EFFICIENCIES OF COMMUNITY SERVICES AND PROGRAMS SO WE CAN ALL WORK TOGETHER AND HELP OUR MILITARY, VETERANS AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $262,931

INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO FINDING BEST PRACTICES IN THE VETERAN COMMUNITY AND THEN FUNDING THEM TO SATISFY THE VALUE GAPS CURRENTLY IMPACTING VETERANS...

INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO FINDING BEST PRACTICES IN THE VETERAN COMMUNITY AND THEN FUNDING THEM TO SATISFY THE VALUE GAPS CURRENTLY IMPACTING VETERANS SERVICES AND PROGRAMS. WITH THE ULTIMATE GOAL OF EMPOWERING VETERAN LEADERSHIP, THE VETERANS TRUST AIMS TO TROUBLESHOOT AND SUPPORT COMMUNITY PILLARS SO WE WORK SMARTER, NOT HARDER AND GET THESE VETERANS THE ASSISTANCE THEY NEED. SINCE 2013, THE VETERANS TRUST HAS BEEN COMMITTED TO SERVING THE VETERAN COMMUNITY BY IMPROVING SELF-REGULATORY MECHANISMS AND PERFORMANCE ENHANCEMENT THROUGH MOTORSPORTS. THROUGH HIGHLY UNIQUE AND CURATED MOTORSPORT EXPERIENCES, WE GRANT SERVICE MEMBERS, VETERANS, AND FIRST RESPONDERS SPECIAL ACCESS TO TRACKS AND HIGH-PERFORMANCE VEHICLE RIDEALONGS. THE PROGRAM'S ULTIMATE GOAL IS FOR VETERANS TO PROACTIVELY ENHANCE THEIR OWN INNER PEACE, AND PRODUCTIVITY AND LEAD PURPOSEFUL LIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $250,730

Program Service Revenue $0

Investment Income $3,642

Other Revenue $1,989

TOTAL REVENUE $256,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,500

Fundraising Expenses $2,500

Program Expenses $262,931

Other Expenses $238,928

TOTAL EXPENSES $273,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,361	$86,313	+2.0%
Expenses	$273,428	$87,339	+2.1%
Net Income	$-17,067	$-1,026	+15.6%

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

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

$25,000

Total Directors

$34,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED ROGER	EXEC DIR,CO-	40.00	Officer Director	$25,000	$0	$25,000
LEE HEDIGER	CHAIRMAN, FO	2.00	Officer Director	$0	$0	$0
STEPHEN KANTARZE	DIRECTOR	2.00	Director	$9,500	$0	$9,500
SCOTT BECK	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN RUBIN	DIRECTOR	2.00	Director	$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
2025	No data	No data	No data	No data
2024	$256,361	$273,428	$138,968	$-17,067
2022	$149,020	$110,940	$154,914	$38,080
2021	$363,597	$382,790	$116,235	$-19,193