GROWING VETERANS

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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

Legal Domicile

Principal Officer

JERED BOCEK

Phone

3605533577

Tax Period

2023-01-01 to 2023-12-31

GROWING VETERANS, founded in 2014, is a small nonprofit in the Human Services sector that reported $308K in total revenue in fiscal year 2023. Expenses of $282K left a modest 8% surplus.

Mission

WE EMPOWER VETERANS TO CULTIVATE PURPOSE AND BELONGING BY GROWING FOOD, COMMUNITY, AND EACH OTHER.

Program Service Accomplishments

Program 1

Expenses: $157,489 Revenue: $2,181

DIRT THERAPY PROGRAM: IN 2023, GROWING VETERANS HOSTED DOZENS OF VOLUNTEERS, EMPLOYED 2 FULL-TIME PAID INTERNSHIPS THROUGH THE VETERAN CONSERVATION CORP AND AMERICORPS PROGRAMS, AMASSED OVER 500...

DIRT THERAPY PROGRAM: IN 2023, GROWING VETERANS HOSTED DOZENS OF VOLUNTEERS, EMPLOYED 2 FULL-TIME PAID INTERNSHIPS THROUGH THE VETERAN CONSERVATION CORP AND AMERICORPS PROGRAMS, AMASSED OVER 500 HOURS OF VOLUNTEER TIME, AND DONATED ROUGHLY 1900 ORGANIC MEALS TO FOOD BANKS, UNHOUSED SHELTERS, AND OTHER NONPROFIT FOOD DISTRIBUON CENTERS ACROSS THREE COUNTRIES IN NORTHWESTERN WASHINGTON.

Program 2

Expenses: $56,134

PEER SUPPORT PROGRAM: IN 2023, GROWING VETERANS TAUGHT 7 DIFFERENT PEER SUPPORT TRAINING SESSIONS, RESULTING IN A COMBINED ACCUMULATION OF 81 PEER SUPPORT GRADUATES FROM 23 STATES AND 2 CANADIAN...

PEER SUPPORT PROGRAM: IN 2023, GROWING VETERANS TAUGHT 7 DIFFERENT PEER SUPPORT TRAINING SESSIONS, RESULTING IN A COMBINED ACCUMULATION OF 81 PEER SUPPORT GRADUATES FROM 23 STATES AND 2 CANADIAN PROVINCES.

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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 $303,616

Program Service Revenue $1,073

Investment Income $204

Other Revenue $2,762

TOTAL REVENUE $307,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,419

Fundraising Expenses $6,373

Program Expenses $213,623

Other Expenses $128,102

TOTAL EXPENSES $281,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,655	$303,469	+0.0%
Expenses	$281,521	$292,704	0.0%
Net Income	$26,134	$10,765	+1.4%

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

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

$78,269

Total Directors

$17,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN DALGARN	EXECUTIVE DIRECTOR/VICE-PRESIDENT	40.00	Officer Director	$17,500	$0	$17,500
CHRISTOPHER BROWN MSW	PRESIDENT	5.00	Officer Director	$0	$0	$0
RICHARD FORSELL	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL FRASER	TREASURER	1.00	Officer Director	$0	$0	$0
CONNER HEGARDY	DIRECTOR	1.00	Director	$0	$0	$0
JESSI BORDER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HACKETT	DIRECTOR	1.00	Director	$0	$0	$0
JERED BOCEK	EXECUTIVE DIRECTOR	40.00	Officer	$60,769	$0	$60,769

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	No data	No data	No data	No data
2023	$307,655	$281,521	$219,262	$26,134
2022	$303,469	$292,704	$195,521	$10,765
2021	$277,691	$185,627	$181,921	$92,064
2020	$191,546	$273,211	$102,527	$-81,665
2020	$191,546	$253,211	$122,527	$-61,665
2019	$255,308	$222,133	$151,270	$33,175
2018	$354,872	$453,332	$125,559	$-98,460