VET TO VET MAINE

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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

2018

Legal Domicile

Phone

2075799204

Tax Period

2020-07-01 to 2021-06-30

VET TO VET MAINE, founded in 2018, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2020. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 15% operating margin.

Mission

Vet to Vet Maine is Maine's singular volunteer companion peer support program for military veterans. Its mission is to alleviate social isolation and loneliness among veterans by providing them with trained companions (also veterans), linking them to services and benefits, supporting independent living, and fostering friendships and mentoring among veterans.

Program Service Accomplishments

Program 1

Expenses: $50,566 Revenue: $0

Peer Companion Program: During FY 21, 70+ trained peer companions spent 3,245 hours of service in the program, assisting and contacting and/or visiting 94 veterans who were in need of a friend...

Peer Companion Program: During FY 21, 70+ trained peer companions spent 3,245 hours of service in the program, assisting and contacting and/or visiting 94 veterans who were in need of a friend, socially isolated, or lonely. Our part-time staff member spent her time (20 hr/wk) recruiting, training, and assigning volunteer peer companions; processing veterans applying for a peer companion; and resolving problems and issues and making referrals for additional services for the veterans in the program. Other volunteers helped with training, calling veterans (phone pal), and performing activities to assist the veterans in the program. Veteran volunteers connected their veteran friends to a multitude of services from VA home health services, mental health counseling, Meals on Wheels and other food programs, VA housing assistance, and respite for family members.

Program 2

Expenses: $1,749 Revenue: $0

Veterans' Emergency Fund:Vet to Vet Maine established the Emergency Fund in FY2020 to assist veterans in our program who needed emergency funds for groceries, fuel, and other essentials. During FY21, we distributed grocery gift cards ($1395) to 19 veterans, $300 for heating to 1 veteran, a Tracphone and minutes ($54), and 4 in-kind $50 grocery cards to 4 veterans.

Program 3

Expenses: $120 Revenue: $0

Caregivers' Support Network: New program set up to provide information and support to caregivers of veterans in the Vet to Vet Maine program. A volunteer coordinates the program and an IT contractor operates the Zoom program at four quarterly meetings. The caregivers hear speakers 4 times a year on topics of interest; caregivers of V2VME veterans who have died recently meet for monthly gatherings to support one another.

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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 (2020)

Revenue Breakdown

Contributions & Grants $69,617

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $69,617

Expense Breakdown

Grants Paid $1,749

Salaries & Benefits $40,324

Fundraising Expenses $75

Program Expenses $52,435

Other Expenses $16,755

TOTAL EXPENSES $58,828

Year-over-Year Comparison

	2020	2019	Change
Revenue	$69,617	$38,778	+0.8%
Expenses	$58,828	$31,372	+0.9%
Net Income	$10,789	$7,406	+0.5%

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

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynn White	President of the Board	3	Officer Director	$0	$0	$0
Thomas Gruber	Vice President of t he Board	3	Officer Director	$0	$0	$0
Marshall Archer	Treasurer of the Board	1	Officer Director	$0	$0	$0
Marianne Russell	Secretary of the Board	1	Officer Director	$0	$0	$0
Adam Cote	Board Member	1.00	Director	$0	$0	$0
Vicki Dowdell	Board member	1	Director	$0	$0	$0
Robert Kelley	Board Member	3	Director	$0	$0	$0
John Libby	Board Member	3	Director	$0	$0	$0
Andrea Tolbert	Board Member	3	Director	$0	$0	$0
Shirley Weaver	Board Member	3	Director	$0	$0	$0
Susan Gold	Executive Director	40	Key Emp	$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
2021	$69,617	$58,828	$22,693	$10,789
2020	$38,778	$31,372	$11,904	$7,406