Overview
What is Vets 4 Success Inc?
Vets 4 Success Inc is a nonprofit organization based in Boise, Idaho, with the address 10360 W Overland Rd. Their primary mission is to serve military veterans and their families by generating funds through a thrift store that sells donated clothing and other non-cash items. The proceeds from this venture are utilized to provide employment training, care packages, and special aid, thereby offering support to the veterans community. With a workforce of 18 individuals, Vets 4 Success Inc is committed to making a positive impact in the lives of those who have served their country.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Vets 4 Success Inc has received a commendable rating of 87%, which highlights its strong performance in the accountability and finance category. This score is derived solely from its accountability practices, indicating a robust commitment to financial transparency and responsible management of resources.
The organization demonstrates exceptional governance with a fully independent board comprising seven members. Additionally, it has no issues with material asset diversion, and it actively maintains policies for conflict of interest and document retention. These aspects contribute to a high level of trust and reliability regarding its financial practices.
One notable strength is the program expense ratio, which stands at an impressive 94.35%, showing that the vast majority of its expenditures are directed toward fulfilling its mission. Overall, while Vets 4 Success Inc exhibits significant strengths in its financial integrity and governance, the absence of a ratings breakdown beyond accountability may limit insights into other operational areas.
This AI summary has been generated from information found on Charity Navigator.
Is Vets 4 Success Inc legitimate?
Vets 4 Success Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vets 4 Success 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,000
For more financial information, click here
What is the mission statement of Vets 4 Success Inc?
Vets 4 Success Inc's mission is centered around offering employment opportunities and support to military veterans and their families. This is achieved through the revenue generated from their thrift store, known as Vets 4 Success. The thrift store sells donated clothing and non-cash goods, with the earnings contributing towards employment training programs, care packages, and providing special aid to veterans in need. By doing so, Vets 4 Success Inc aims to contribute positively to the well-being and livelihood of those who have served their country.
Who is the CEO of Vets 4 Success Inc?
Justin O'Dell is the Director of Vets 4 Success Inc.
What is the revenue of Vets 4 Success Inc?
Vets 4 Success Inc's revenue in 2021 was $67,167.
Who are the executives of Vets 4 Success Inc and what are their salaries?
The average compensation at Vets 4 Success Inc during 2021 was $3,889. There are 18 employees and 10 volunteers at Vets 4 Success Inc.
Here are 7 key members and their salaries:
- Compensation: $11,060
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $12,917
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Vets 4 Success Inc?
Vets 4 Success Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Vets 4 Success Inc
Vets 4 Success Inc, a nonprofit organization, is dedicated to providing employment opportunities and support to military veterans and their families. They achieve this mission through the operation of a thrift store, which sells donated clothing and other non-cash goods from the public. The proceeds generated from this thrift store fund various initiatives, including employment training programs, care packages, and special aid for veterans. By doing so, Vets 4 Success Inc aims to contribute to the well-being and livelihood of those who have served their country in the military.
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Impact
August, 2024
Vets 4 Success Inc's impact can be seen in the tangible support and opportunities it provides to military veterans and their families. Through the operation of their thrift store, Vets 4 Success generates proceeds that fund employment training, care packages, and special aid for veterans in need. This direct assistance not only helps veterans in their transition back to civilian life but also contributes to the overall well-being of their families. By offering employment opportunities and essential support services, Vets 4 Success plays a vital role in honoring and assisting those who have served our country.
This information is meant to be a general summary of Vets 4 Success 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 2021.
- Investment Income: $3
- Gross Receipts: $67,167
Assets and Liabilities:
- Total Assets: $39,861
- Total Liabilities: $13,077
- Net Assets: $26,784
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Organization Details
Founding Year
2009
Phone
(208) 322-6536Principal Officer
Justin O'Dell
Main Address
10360 W Overland Rd, Boise, ID, 83709
NTEE Category
Code: P29 - Human services
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