VETERANS ENTERPRISE TRAINING & SERVICES GROUP INC

EIN: 680594161 501(c)(3) Community Improvement

WASHINGTON, DC

Total Revenue
$409,060
Total Expenses
$349,860
Total Assets
$122,315
Net Assets
$-247,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
DC
Principal Officer
JOE WYNN
Phone
2023650482
Tax Period
2025-01-01 to 2025-12-31

VETERANS ENTERPRISE TRAINING & SERVICES GROUP INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $409K in total revenue in fiscal year 2025. Revenue surged 401% from the prior year, signaling strong growth momentum. Expenses of $350K left a modest 14% surplus.

Mission

TO PROVIDE A HOLISTIC PROGRAM FOR VETERANS, THEIR FAMILIES AND THE COMMUNITY TO ACHIEVE ECONOMIC EMPOWERMENT THROUGH EDUCATION, EMPLOYMENT, AND ENTREPRENEURSHIP. WE OFFER SMALL BUSINESS, FINANCIAL LITERACY

Program Service Accomplishments

Program 1
Expenses: $302,026 Revenue: $87,426

INFORMATION TECHNOLOGY EMPLOYMENT TRAINING PROGRAM. IN FISCAL YEAR 2025, WE HAD 33 STUDENTS ENROLLED IN AT LEAST ONE OF OUR IT TRAINING PROGRAMS. OUR STUDENT RETENTION RATE WAS 100%. 85% ARE...

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INFORMATION TECHNOLOGY EMPLOYMENT TRAINING PROGRAM. IN FISCAL YEAR 2025, WE HAD 33 STUDENTS ENROLLED IN AT LEAST ONE OF OUR IT TRAINING PROGRAMS. OUR STUDENT RETENTION RATE WAS 100%. 85% ARE CURRENTLY EMPLOYED AND 70% OBTAINED ONE OR MORE INDUSTRY RECOGNIZED CERTIFICATIONS WITH MANY OTHERS PENDING A CERTIFICATION. IN ADDITION, ABOUT 10% OF THE STUDENTS ENROLLED WERE VETERANS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $321,634
Program Service Revenue $87,426
Investment Income $0
Other Revenue $0
TOTAL REVENUE $409,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,513
Fundraising Expenses $13,577
Program Expenses $302,026
Other Expenses $259,347
TOTAL EXPENSES $349,860

Year-over-Year Comparison

2025 2024 Change
Revenue $409,060 $81,623 +4.0%
Expenses $349,860 $247,790 +0.4%
Net Income $59,200 $-166,167 -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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
2

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
3
$50,701
Total Directors
6
$50,701
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE WYNN BOARD/CHAIRMAN 40.00
Officer Director
$50,701 $0 $50,701
RONALD WASHINGTON BOARD/TREASURER 1.00
Officer Director
$0 $0 $0
QUEEN JONES SECRETARY 1.00
Officer Director
$0 $0 $0
KIM HARWELL BOARD MEMBER 1.00
Director
$0 $0 $0
RHONDA SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY WILLIAMS BOARD MEMBER 1.00
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 $409,060 $349,860 $122,315 $59,200
2024 $81,623 $247,790 $32,870 $-166,167
2023 $550,558 $820,124 $163,027 $-269,566
2022 $582,854 $540,350 $435,801 $42,504
2021 $376,037 $409,786 $459,915 $-33,749
2020 $355,476 $332,837 $228,597 $22,639
2019 $269,468 $361,395 $194,481 $-91,927
2018 $448,785 $334,111 $275,318 $114,674
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