VETERAN EDUCATION AND TRANSITION SERVICES V E T S INC

EIN: 831905942 501(c)(3) Public & Societal Benefit

Dalton, PA

Total Revenue
$257,333
Total Expenses
$208,909
Total Assets
$68,347
Net Assets
$9,415
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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
2019
Legal Domicile
PA
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.

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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 (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
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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

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Governance

Voting Members
3
Independent Members
1
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
3
$72,375
Total Directors
0
$0
Key Employees
1
$75,000
Highest Compensated
0
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
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