Overview
What is The Veterans Group Inc?
The Veterans Group Inc, located in Downtownown, Pennsylvania, is a dedicated nonprofit organization that plays a significant role in supporting homeless veterans. Their primary mission is to provide essential necessities, shelter, and support services to these veterans. On average, around 12 veterans benefit from their programs throughout the year. Their mission extends beyond basic needs, aiming to rebuild the independence of each individual veteran through coordinated social services.
Official website here: www.theveteransgroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Veterans Group Inc has achieved a 82% rating from Charity Navigator, indicating a strong performance in accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of resources. It is noteworthy that the charity has maintained a high program expense ratio of 93.47%, suggesting that a significant portion of donations goes directly to program services.
The organization demonstrates robust governance with a fully independent board of directors and comprehensive policies in place, such as conflict of interest and whistleblower policies. These factors contribute to its high scores in board independence and policy transparency. The charity has also shown diligence in maintaining essential documentation, which further supports its credibility and operational integrity.
However, it is important to note a concerning liability to assets ratio of 109.62%, which signals financial risk as liabilities exceed assets. While this aspect requires attention, the overall strong accountability framework and high program expense ratio are positive indicators for donors considering support for The Veterans Group Inc.
This AI summary has been generated from information found on Charity Navigator.
Is The Veterans Group Inc legitimate?
The Veterans Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Veterans Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.theveteransgroup.org
What is the mission statement of The Veterans Group Inc?
The mission of The Veterans Group Inc is centered around providing aid to homeless veterans. Their primary objective is to offer food and shelter to these veterans, serving as a temporary refuge for up to 40 individuals annually. Beyond this, they also coordinate various social services to help these veterans rebuild their independence. The organization's mission extends beyond basic necessities, aiming to assist veterans in regaining their self-reliance.
Official website here: www.theveteransgroup.org
Who is the CEO of The Veterans Group Inc?
Jeffrey Oulton is the Board Member of The Veterans Group Inc.
Official website here: www.theveteransgroup.org
What is the revenue of The Veterans Group Inc?
The Veterans Group Inc's revenue in 2023 was $27,430.
Official website here: www.theveteransgroup.org
Who are the executives of The Veterans Group Inc and what are their salaries?
There 30 volunteers at The Veterans Group Inc.
Here are 6 key members and their salaries:
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Official website here: www.theveteransgroup.org
Where can I find the form 990 for The Veterans Group Inc?
The Veterans Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theveteransgroup.org
Learn more at the official website: www.theveteransgroup.org
Mission Statement of The Veterans Group Inc
The Veterans Group Inc, a nonprofit organization, is dedicated to providing support services to homeless veterans. Their primary mission is to offer food and shelter to these individuals, providing them with a temporary respite from their challenging circumstances. Beyond just offering basic necessities, The Veterans Group Inc also coordinates various social services to aid in the rebuilding of these veterans' independence. On average, the organization accommodates up to 40 homeless veterans annually, offering them a safe and supportive environment during their time of need.
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Impact
August, 2024
The Veterans Group Inc provides critical support to homeless veterans in Downingtown, PA by offering food, shelter, and essential services. They have the capacity to feed and house up to 40 homeless veterans, with an average of 12 veterans being assisted throughout the year. Their mission is to not only address immediate needs like food and shelter but also to coordinate social services to help these veterans rebuild their independence. By focusing on housing homeless veterans and providing necessary support services, The Veterans Group Inc is making a tangible impact on the lives of those who have served their country.
This information is meant to be a general summary of The Veterans Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,263
- Gross Receipts: $27,430
Assets and Liabilities:
- Total Assets: $999,696
- Total Liabilities: $1,095,913
- Net Assets: -$96,217
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Organization Details
Founding Year
2007
Phone
(215) 222-4379Principal Officer
Jeffrey Oulton
Main Address
PO Box 16, Downtingtown, PA, 19335
Website
www.theveteransgroup.orgNTEE Category
Code: L41 - Housing
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