VETSVETERANS EXPLORING TREATMENT SOLUTIONS

EIN: 841956561 501(c)(3) Mental Health

SOUTHLAKE, TX

Total Revenue
$3,330,588
Total Expenses
$3,133,395
Total Assets
$5,821,291
Net Assets
$5,742,778
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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
CA
Principal Officer
AMBER CAPONE
Phone
3104993335
Tax Period
2024-01-01 to 2024-12-31

VETSVETERANS EXPLORING TREATMENT SOLUTIONS, founded in 2019, is a community nonprofit in the Mental Health sector that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $3.1M left a modest 6% surplus.

Mission

VETS PROVIDES RESOURCES, RESEARCH, AND ADVOCACY FOR U.S. MILITARY VETERANS SEEKING TREATMENT WITH PSYCHEDELIC-ASSISTED THERAPIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,989,458
Program Service Revenue $0
Investment Income $333,371
Other Revenue $7,759
TOTAL REVENUE $3,330,588

Expense Breakdown

Grants Paid $706,123
Salaries & Benefits $814,333
Fundraising Expenses $318,183
Program Expenses $2,347,734
Other Expenses $1,612,939
TOTAL EXPENSES $3,133,395

Year-over-Year Comparison

2024 2023 Change
Revenue $3,330,588 $1,789,203 +0.9%
Expenses $3,133,395 $2,775,832 +0.1%
Net Income $197,193 $-986,629 -1.2%
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
4
Independent Members
3
Employees
10
Volunteers
64

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
6
$290,850
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCUS CAPONE CHAIRMAN 25.00
Officer Director
$0 $0 $0
JARRED TAYLOR SECRETARY 1.00
Officer Director
$0 $0 $0
DYLAN HALLERBERG VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KEVIN WEISS TREASURER 1.00
Officer Director
$0 $0 $0
NICK NORRIS MEMBER (UNTIL 07/31/24) 1.00
Director
$0 $0 $0
SARA WILKINSON MEMBER (UNTIL 04/30/24) 1.00
Director
$0 $0 $0
AMBER CAPONE CO-FOUNDER & CEO 60.00
Officer
$178,750 $600 $179,350
STACY FISKE CFO & COO 50.00
Officer
$111,500 $0 $111,500
LORI BETH CAMPER PROGRAM DIRECTOR 40.00
Highest
$115,740 $0 $115,740
KRISTEN GRENIER CHIEF OF STAFF 40.00
Highest
$111,500 $0 $111,500
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
2024 $3,330,588 $3,133,395 $5,821,291 $197,193
2023 $1,789,203 $2,775,832 $5,565,231 $-986,629
2022 $4,368,852 $2,398,431 $6,389,984 $1,970,421
2021 $5,209,192 $1,129,301 $4,509,912 $4,079,891
2020 $886,575 $640,337 $414,375 $246,238
2019 $226,298 $81,030 $145,562 $145,268
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