VETERANS ENHANCEMENT COMMUNITY CENTER INC

EIN: 922348844 501(c)(3) Public & Societal Benefit

GREENWOOD, DE

Total Revenue
$200,000
Total Expenses
$47,397
Total Assets
$206,896
Net Assets
$206,896
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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
DE
Tax Period
2024-01-01 to 2024-12-31

VETERANS ENHANCEMENT COMMUNITY CENTER INC, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $200K in total revenue in fiscal year 2024. The organization ran a surplus of $153K, a strong 76% operating margin.

Mission

VECC WILL PROVIDE COUNSELING SERVICES AND TRANSIENT HOUSING TO 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 (2024)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,925
Other Expenses $47,397
TOTAL EXPENSES $47,397

Year-over-Year Comparison

2024 2023 Change
Revenue $200,000 N/A N/A
Expenses $47,397 N/A N/A
Net Income $152,603 N/A N/A
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
4
Employees
N/A
Volunteers
8

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT W TRAPP DIRECTOR 15.00
Director
$0 $0 $0
DOMENICO ZAFFORA DIRECTOR 15.00
Director
$0 $0 $0
GARRETT JOHNSON DIRECTOR 3.00
Director
$0 $0 $0
ROBERT CANNON DIRECTOR 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
2024 $200,000 $47,397 $206,896 $152,603
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