VETERAN EDUCATION AND TRANSITION S… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Jesse A Lord

Phone

5705750626

Tax Period

2022-01-01 to 2022-12-31

VETERAN EDUCATION AND TRANSITION SERVICES V E T S INC, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $257K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 19% operating margin.

Mission

To provide ongoing education and support to companies offering secure employment and career advancement opportunities to United States military veterans.

Program Service Accomplishments

Program 1

Expenses: $28,125 Revenue: $37,500

Pacific Propane Gas Association: The V.E.T.S team provided education, training and connectivity resources to assist the Pacific Propane Gas Association to recruit, hire, and train a highly skilled...

Pacific Propane Gas Association: The V.E.T.S team provided education, training and connectivity resources to assist the Pacific Propane Gas Association to recruit, hire, and train a highly skilled, well-educated, and easily-trainable talent pool throughout Alaska, Washington, and Hawaii. Program Accomplishments include: 153 Total Applicants, 122 V2.org Users, 53 V2.org subscribers, 153 Military Applicants, 72 Civilian Applicants, 25 Engagement Events, 153 Military Resumes sent to Companies, and 72 Civilian resumes sent to companies.

Program 2

Expenses: $18,750 Revenue: $25,000

Kansas Propane Gas Association. The V.E.T.S team provided education, training and connectivity resources to assist the Kansas Propane Gas Association to recruit, hire, and train a highly skilled...

Kansas Propane Gas Association. The V.E.T.S team provided education, training and connectivity resources to assist the Kansas Propane Gas Association to recruit, hire, and train a highly skilled, well-educated, and easily-trainable talent pool. Accomplishments include: 100 Total Applicants, 67 V2.org Users, 27 V2.org subscribers, 100 Military Applicants, 43 Civilian Applicants, 14 Engagement Events, 100 Military Resumes sent to Companies, and 43 Civilian resumes sent to companies.

Program 3

Expenses: $18,750 Revenue: $25,000

Ohio Propane Gas Association. The V.E.T.S team provided education, training and connectivity resources to assist the Ohio Propane Gas Association to recruit, hire, and train a highly skilled...

Ohio Propane Gas Association. The V.E.T.S team provided education, training and connectivity resources to assist the Ohio Propane Gas Association to recruit, hire, and train a highly skilled, well-educated, and easily-trainable talent pool throughout Alaska, Washington, and Hawaii. Accomplishments include: 103 Total Applicants, 92 V2.org Users, 34 V2.org subscribers, 103 Military Applicants, 26 Civilian Applicants, 17 Engagement Events, 103 Military Resumes sent to Companies, and 26 Civilian resumes sent to companies.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,500

Program Service Revenue $255,833

Investment Income $0

Other Revenue $0

TOTAL REVENUE $257,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,375

Fundraising Expenses $0

Program Expenses $191,507

Other Expenses $61,534

TOTAL EXPENSES $208,909

Year-over-Year Comparison

	2022	2021	Change
Revenue	$257,333	$230,523	+0.1%
Expenses	$208,909	$217,832	0.0%
Net Income	$48,424	$12,691	+2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$72,375

Total Directors

Key Employees

$75,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jon Skipper	NE Director of Training	40	Key Emp	$75,000	$0	$75,000
Jesse A Lord	Co-Founder	40	Officer	$72,375	$0	$72,375
Leo Verusso	Co-Founder	5	Officer	$0	$0	$0
Gerry Brien	Co-Founder	5	Officer	$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
2022	$257,333	$208,909	$68,347	$48,424
2021	$230,523	$217,832	$191,779	$12,691

VETERAN EDUCATION AND TRANSITION SERVICES V E T S INC