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Veteran Tickets Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262291955 ✦ Tempe, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Veteran Tickets Foundation?

The Veteran Tickets Foundation is a nonprofit organization based in Tempe, Arizona, specifically located at 1255 W RIO SALADO PARKWAY. Their mission is dedicated to expressing gratitude towards individuals who have served the United States of America. They have delivered 2,709 million tickets as a token of appreciation to active duty, retired, and honorably discharged veterans. With a committed team of 27 employees, they serve the community of veterans by providing tickets to various events, giving them an opportunity for leisure and enjoyment.


Official website here: www.vettix.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Veteran Tickets Foundation received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement. While the organization scores well in accountability and finance, its impact and measurement score is notably low at 39, suggesting challenges in demonstrating the effectiveness of its programs. However, the leadership and adaptability of the organization are strong, with a perfect score of 100, highlighting its ability to navigate challenges and focus on core programs.

User feedback overwhelmingly praises the organization for its role in providing veterans and their families with access to various events, enhancing their quality of life and creating cherished memories. Many veterans express gratitude for the opportunities to attend events they otherwise could not afford, citing experiences ranging from sports games to concerts. The community appreciates the organization’s efforts to help veterans feel valued and connected.

Despite its strengths, some users note areas for improvement, particularly regarding website functionality and customer support, which can be tedious to navigate. Nonetheless, the overall sentiment towards the Veteran Tickets Foundation is overwhelmingly positive, with many veterans and their families applauding the organization for its mission and the joy it brings to their lives.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Veteran Tickets Foundation legitimate?

Veteran Tickets Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veteran Tickets Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $852,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,803,597

For more financial information, click here


Official website here: www.vettix.org

What is the mission statement of Veteran Tickets Foundation?

The Veteran Tickets Foundation is dedicated to expressing gratitude towards individuals who have served the United States of America. They focus on serving the community of active duty, retired, and honorably discharged veterans. Through their efforts, they have distributed over 2.7 billion tickets to veterans as a token of appreciation for their service. The foundation's mission is to provide these individuals with opportunities for enjoyment and relaxation, enhancing their overall well-being and morale. By offering access to various events, the foundation aims to create memorable experiences for veterans and their families.


Official website here: www.vettix.org

Who is the CEO of Veteran Tickets Foundation?

Michael Focareto 111 is the Ceo/Cfo of Veteran Tickets Foundation. The CEO's salary of Veteran Tickets Foundation is $284,021 and their total compensation is $284,021.


Official website here: www.vettix.org

What is the revenue of Veteran Tickets Foundation?

Veteran Tickets Foundation's revenue in 2022 was $171,576,223.


Official website here: www.vettix.org

Who are the executives of Veteran Tickets Foundation and what are their salaries?

The average compensation at Veteran Tickets Foundation during 2022 was $98,358. There are 27 employees and 6 volunteers at Veteran Tickets Foundation.


Here are 9 key members and their salaries (Veteran Tickets Foundation's CEO's salary is $284,021 and their total compensation is $284,021):


Michael A Focareto 111 (Ceo/Cfo)
  • Compensation: $284,021
  • Related: $0
  • Other: $0
Edward Rausch (Chairman & Coo)
  • Compensation: $284,021
  • Related: $0
  • Other: $0
Floyd Hogan 111 (Director)
  • Compensation: $284,021
  • Related: $0
  • Other: $0
Cynthia Creed (Treasurer/Secretary)
  • Compensation: $13,222
  • Related: $0
  • Other: $0
Chris Blindheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwayne Somers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger A Grad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Leach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vettix.org

Where can I find the form 990 for Veteran Tickets Foundation?

Veteran Tickets Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vettix.org

Learn more at the official website: www.vettix.org

Mission Statement of Veteran Tickets Foundation

The Veteran Tickets Foundation, a nonprofit organization, is committed to expressing gratitude and giving back to individuals who have served the United States of America. this esteemed organization focuses on serving the community of active duty, retired, and honorably discharged veterans. Through their mission, they have delivered an impressive 2,709,176 million tickets as a token of appreciation for their dedication and sacrifices.

The Veteran Tickets Foundation's primary objective is to honor and recognize the selfless services and sacrifices made by our nation's heroes. By providing tickets to a variety of events, they aim to create memorable experiences that bring joy and relaxation to the lives of veterans. These events range from sports games and concerts to cultural performances and family-friendly activities, offering a diverse selection to cater to the interests and needs of veterans from all walks of life.

The foundation's efforts are an essential expression of gratitude and a meaningful way to acknowledge the immense contributions made by veterans to our society. Their dedication extends beyond providing tickets, as they also facilitate a sense of community and camaraderie among veterans through shared experiences at these events. In this way, the Veteran Tickets Foundation not only recognizes the sacrifices of veterans but also fosters a deeper appreciation and connection among them.

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Impact




October, 2024

Veteran Tickets Foundation has made a significant impact by delivering over 2.7 million tickets to active duty, retired, and honorable discharged veterans. This initiative provides these individuals with the opportunity to engage in recreational events, fostering a sense of community and appreciation for their service. By focusing on giving back to those who have served the United States, the foundation helps enhance the quality of life for veterans, offering them memorable experiences and opportunities for camaraderie. Based in Tempe, Arizona, their mission reflects a deep commitment to support and recognize the sacrifices made by veterans and their families.




This information is meant to be a general summary of Veteran Tickets Foundation. 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.

Revenue
$171,576,223 (2022)
Expenses
$168,227,690 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $11,414,023
  • Gross Receipts: $171,576,223

Assets and Liabilities:

  • Total Assets: $6,785,734
  • Total Liabilities: $22,673
  • Net Assets: $6,763,061

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DELIVERY OF TICKETS

Revenue

$11,414,023

Organization Details

Founding Year

2008

Principal Officer

Michael Focareto 111

Main Address

1255 W RIO SALADO PARKWAY, TEMPE, AZ, 85281

NTEE Category

Code: W30 - Public benefit

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