GAYLORD, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VETERANS EDUCATION TRAINING & SUPPORT INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $907K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.0M exceeded revenue, resulting in a 14% operating deficit.
VETS INC operates The Landing Zone a Family Recreation Center. Our MISSION is to make The Landing Zone a special and unique Recreation & Rehabilitation Facility for Veterans and the Community. Our vision of a Veteran recovery center paired with a community recreation center is one of a kind. The tools we use to accomplish our objectives include activities such as individual and group counselling open and league bowling an arcade restaurant and special event venue. Other organizations focus either on Veterans and Veterans Support or Community Recreation activities our mission is to fully integrate those programs for the good of the Community and to bring those with Special Needs into a closer relationship with the Community. In the military a safe place for extracting wounding and inserting reinforcements is The Landing Zone. Our mission is to create a Recreational Facility with a Purpose for Veterans and others within the Community in need of help.
The proceeds from operation of the Landing Zone are used to provide an Employment Training Program at The Landing Zone. We serve as what the US Department of Labor classifies as a Transitional...
The proceeds from operation of the Landing Zone are used to provide an Employment Training Program at The Landing Zone. We serve as what the US Department of Labor classifies as a Transitional Employer. We employ individuals who are unable to be employed by normal Employers. We employ individuals who have recently been released from prison we also employ Combat Veterans and others in the community who have PTSD and or Traumatic Brain Injuries or other issues that prohibit them from being able to transition into the Community. We have 2 Manager Level Staff working at The Landing Zone which includes a Restaurant Manager and an Operations General Manager. These two individuals provide training and guidance regarding Food Service work and general Business operations such as machinery repair cleaning and maintenance. We have 2 Manager Level Staff working at The Landing Zone which includes a Restaurant Manager and an Operations General Manager. These two individuals provide training and guidance regarding Food Service work and general Business operations such as machinery repair cleaning and maintenance. We provide employment training and coaching and mentoring to insure that the individual learns about coming to work on time. Notifying with proper notice if unable to come in. Attitude while working and responsibility for completing assigned tasks.
The proceeds from operation of the Landing Zone are also used to provide Assistance Non-Employment to help pay for food or Housing expenses Providing Legal Assistance or funds to pay for Legal Fees...
The proceeds from operation of the Landing Zone are also used to provide Assistance Non-Employment to help pay for food or Housing expenses Providing Legal Assistance or funds to pay for Legal Fees and Court Costs Funds to help with Auto Repair or other types of Transportation costs. Providing Recreation Services to the Community - Youth Bowling Handicapped Recreation Home School Public School Recreation. The VETS INC Board of Directors includes an Attorney and 2 Retired business managers. All of the Members of the Board have served in the Military as Senior Enlisted members or Officers. All are well qualified to provide guidance and Counselling for individuals in need. In addition Volunteers from other Community Businesses come to an area within The Landing Zone that has been dedicated as Captain Robert Bradley DUSTOFF CENTER in honor of a hometown hero who was a Medivac "Dustoff" pilot in Vietnam. The Dustoff Center is a place where Professionals or Teachers and Coaches and provide classes for individuals in need on Personal Finances such as preparing a budget or keeping a checking account balanced Legal Services such as dealing with a PPO or how to place a PPO or dealing with DUI or Bankruptcy or Bad Credit ratings or VA or Social Security claims assistance. In addition we provided Grants to Community Organizations including Providing Financial Assistance for the VFW Family Movie nights Providing Bowling Recreational equipment to every elementary school in Gaylord and providing use of The Landing Zone as the home Bowling Center for Gaylord High School Boys and Girls Bowling Teams and Serving as a State of Michigan High School Athletic Association Northern Michigan Regional Bowling Center and providing Recreational Bowling activities for Handicapped individuals through Crossroads Industries.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $907,052 | $795,334 | +0.1% |
| Expenses | $1,029,983 | $810,155 | +0.3% |
| Net Income | $-122,931 | $-14,821 | +7.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ronald LeBourdais | President | 20.00 |
Officer
|
$0 | $0 | $0 |
| Tony Sharkey | VP - General Manager | 50.00 |
Officer
|
$61,500 | $61,500 | $123,000 |
| Richard Edmonds | Legal Counsel - Secty- Treasur | 10.00 |
Officer
|
$0 | $0 | $0 |
| Ryan Gray | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Kenneth Crawford | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $907,052 | $1,029,983 | $308,792 | $-122,931 |
| 2023 | $795,334 | $810,155 | $490,532 | $-14,821 |
| 2022 | $754,492 | $754,193 | $497,535 | $299 |
| 2021 | $725,835 | $517,029 | $511,887 | $208,806 |
| 2020 | $359,721 | $342,131 | $460,000 | $17,590 |
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