WREATH FOR VETERANS

EIN: 872613244 501(c)(3) Public & Societal Benefit

SALISBURY, NC

Total Revenue
$65,334
Total Expenses
$61,477
Total Assets
$6,868
Net Assets
$6,868
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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
2023
Legal Domicile
NC
Principal Officer
JOSEPH PICKETT
Tax Period
2025-01-01 to 2025-12-31

WREATH FOR VETERANS, founded in 2023, is a micro nonprofit in the Public & Societal Benefit sector that reported $65K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $61K left a modest 6% surplus.

Mission

EDUCATE THE COMMUNITY ON THE FUNDAMENTALS OF WREATHS BEING LAID AT THE NATIONAL CEMETERY WHILE PROMOTING TO NEVER FORGET THOSE WHO SERVED AND DIED FOR OUR COUNTRY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $61,990
Program Service Revenue $0
Investment Income $0
Other Revenue $3,344
TOTAL REVENUE $65,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $748
Program Expenses $59,863
Other Expenses $61,477
TOTAL EXPENSES $61,477

Year-over-Year Comparison

2025 2024 Change
Revenue $65,334 $46,149 +0.4%
Expenses $61,477 $48,000 +0.3%
Net Income $3,857 $-1,851 -3.1%
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
5
Independent Members
4
Employees
N/A
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH PICKETT PRESIDENT 25.00
Director
$0 $0 $0
MIKE SATTERFIELD VICE-PRESIDE 20.00
Director
$0 $0 $0
TRAVIS HARDEE CO-TREASURER 1.00
Director
$0 $0 $0
DAPHNE HARDEE CO-TREASURER 1.00
Director
$0 $0 $0
BRITTANY MYERS SECRETARY 3.00
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
2025 $65,334 $61,477 $6,868 $3,857
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