WE THE VETERANS FOUNDATION

EIN: 871144807 501(c)(3) Human Services

Alexandria, VA

Total Revenue
$1,061,694
Total Expenses
$739,420
Total Assets
$617,671
Net Assets
$547,854
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
Ben Keiser
Phone
5516970258
Tax Period
2023-01-01 to 2023-12-31

WE THE VETERANS FOUNDATION, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $322K, a strong 30% operating margin.

Mission

The mission of We the Veterans and Military Families is to empower the veteran and military family community to strengthen America.

Program Service Accomplishments

Program 1
Expenses: $496,588 Revenue: $0

Vet the Vote is a national campaign to recruit veterans and military family members to become the next generation of poll workers. We believe doing so not only fills critical needs for our elections...

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Vet the Vote is a national campaign to recruit veterans and military family members to become the next generation of poll workers. We believe doing so not only fills critical needs for our elections to run smoothly (e.g., poll workers) but also increases overall confidence in our elections due to the trust earned by the veteran and military family community through their service to the nation. This theory has now been validated by a study recently published by the University of Maryland titled, "Recruiting Veterans and Military Family Members Improves Confidence in Elections." Our first campaign around the 2022 elections was a resounding success, recruiting over 63,500 new volunteers to serve as poll workers (representing about half of the projected national gap coming into the cycle), building a coalition of 30+ corporate and nonprofit organizations, predominantly veteran and military family support and engagement organizations, and reaching 20M+ Americans through social, podcast, print, and broadcast media. This work continued throughout 2023, covering off-cycle elections and preparing for the 2024 presidential through deeper engagement with local and state election officials across the country.

Program 2
Expenses: $95,220 Revenue: $0

Innovating a Prevention Ecosystem. The Prevention Ecosystem program builds on the strengths and capabilities of the veteran and military family community to sustainably increase overall resistance...

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Innovating a Prevention Ecosystem. The Prevention Ecosystem program builds on the strengths and capabilities of the veteran and military family community to sustainably increase overall resistance and resilience to hostile foreign influence and violent extremist groups that seek to sow division, implement information and influence operations, and incite our community members to violence. In 2023, we fully built-out an ecosystem of partners from across government, tech, academia, and other mission-aligned organizations to launch, resource, and grow research-backed initiatives. Our goal is to continue to mobilize the community towards specific programs and initiatives which will have a measurable impact on the community, both in terms of reducing participation in targeted violence, but also, critically, in ensuring the maintenance of the veteran and military family reputation and brand. In 2023 we grew our three quarterly working groups: information and influence operations, targeted violence prevention (TVP), and patriotic participation. WTVMF partnered with PsychArmor to turn our information operations working group topics into microlearnings, helping to further educate the veteran and military family population on hostile influence campaigns to continue strengthening our national security.

Program 3
Expenses: $153 Revenue: $0

Increasing Patriotic Participation. Inspiring more veterans and military family members to engage with the processes and institutions of our self-government catalyzes a cycle of increasing trust and...

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Increasing Patriotic Participation. Inspiring more veterans and military family members to engage with the processes and institutions of our self-government catalyzes a cycle of increasing trust and engagement across all Americans. We believe that the veteran and military family community is uniquely positioned to "lead by example", and we are building networks and programs to empower them to do that in new and meaningful ways. This year, We the Veterans and Military Families launched the Vetted Conversations podcast, an edutainment program designed to educate our fellow Americans - particularly the veteran and military family community - on our rights and responsibilities as citizens, promote positive, patriotic engagement (i.e. encouraging veterans to serve their country and communities again), provide timely and accurate information about salient current events, counter propaganda targeting the military and veteran community, and help our community members live their best lives as engaged citizens and leaders. We started a Patriotic Particiption working group to unite VSO, MSOs, and allies in education, academia, and engagement in the non-partisan pursuit of supporting our community to find ways to be good citizens. Vet Public Service, a program to increase veteran and military family member employment in public service, with a focus on state and local government, was conceptualized and thought partners identified, including Service to Service key partner the Volcker alliance. Service to Service is a component of Vet Public Service that supports the overall mission by increasing enrollment by veterans and military family members in public service higher education programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,061,031
Program Service Revenue $0
Investment Income $39
Other Revenue $624
TOTAL REVENUE $1,061,694

Expense Breakdown

Grants Paid $0
Salaries & Benefits $300,948
Fundraising Expenses $60,699
Program Expenses $591,961
Other Expenses $438,472
TOTAL EXPENSES $739,420

Year-over-Year Comparison

2023 2022 Change
Revenue $1,061,694 $711,867 +0.5%
Expenses $739,420 $484,163 +0.5%
Net Income $322,274 $227,704 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
7
Employees
6
Volunteers
10

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
5
$163,396
Total Directors
10
$66,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ingrid Sundlee Chief of Staff 40
Officer
$97,396 $0 $97,396
Ellen Gustafson Executive Director/President 30
Officer Director
$36,000 $0 $36,000
Ben Keiser Executive Chairman, Treasurer 10
Officer Director
$30,000 $0 $30,000
Anil Nathan Co-Chairman 8
Director
$0 $0 $0
Christa Sperling Secretary 8
Officer Director
$0 $0 $0
Joe Plenzler Secretary 4
Officer Director
$0 $0 $0
William Braniff Board Member 2
Director
$0 $0 $0
Maggie Delany Board Member 3
Director
$0 $0 $0
Noah Kantor Board Member 2
Director
$0 $0 $0
Mike Smith Board Member 2
Director
$0 $0 $0
Glenn Schatz Board Member 2
Director
$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
2024 No data No data No data No data
2023 $1,061,694 $739,420 $617,671 $322,274
2022 $711,867 $484,163 $243,521 $227,704
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