Overview
What is The Veterans' Transition Forum?
The Veterans' Transition Forum (VTF) is a nonprofit organization situated in Leesburg, Virginia. Its primary mission is to support unemployed, underemployed, and transitioning military personnel, as well as retired veterans, by offering three distinct services. These include employment assistance, entrepreneurship training, and retirement education. To accomplish this, VTF develops unique programs and resources that empower veterans to establish small businesses, secure employment, and effectively plan for their retirement.
Official website here: www.vetforum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating.
The Veterans' Transition Forum has received a low rating primarily due to its Accountability and Finance score of 46, indicating significant concerns in financial management and governance practices. The organization has a troubling Liabilities to Assets Ratio of 379.59%, suggesting potential financial instability, and it lacks independent board members. However, it demonstrates strong policies in place, with perfect scores for its Conflict of Interest Policy, Whistleblower Policy, and Document Retention.
On the brighter side, the organization excels in its Culture & Community and Leadership & Adaptability scores, both achieving near-perfect ratings. This reflects a strong commitment to community engagement and effective leadership practices. Additionally, the Program Expense Ratio of 57.22% shows a reasonable portion of its expenses directed towards its programs, which is essential for nonprofits aiming to serve their mission effectively.
Despite these strengths, the absence of independent board members raises questions about transparency and governance. Furthermore, the lack of tax forms posted on the nonprofit's website limits accountability in financial reporting. The organization aims to secure additional funding and enhance its marketing and staffing efforts, which could improve its overall impact and financial health in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Veterans' Transition Forum legitimate?
The Veterans' Transition Forum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Veterans' Transition Forum 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: $15,600
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vetforum.org
What is the mission statement of The Veterans' Transition Forum?
The Veterans' Transition Forum's mission is to aid veterans and their families in transitioning to civilian life. They achieve this by creating distinctive programs and resources that assist veterans in starting small businesses, securing employment, and optimizing their retirement plans. The organization focuses on providing direct assistance to unemployed, underemployed, retired, and active duty personnel who are about to leave military service in three key areas: employability, entrepreneurship training, and retirement education.
Official website here: www.vetforum.org
Who is the CEO of The Veterans' Transition Forum?
Phillip G Trigg is the Executive Director of The Veterans' Transition Forum.
Official website here: www.vetforum.org
What is the revenue of The Veterans' Transition Forum?
The Veterans' Transition Forum's revenue in 2022 was $28,000.
Official website here: www.vetforum.org
Who are the executives of The Veterans' Transition Forum and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,250
- Related: $0
- Other: $0
Official website here: www.vetforum.org
Where can I find the form 990 for The Veterans' Transition Forum?
The Veterans' Transition Forum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vetforum.org
Learn more at the official website: www.vetforum.org
Mission Statement of The Veterans' Transition Forum
The Veterans' Transition Forum, a nonprofit organization, is committed to aiding veterans and their families in their transition to civilian life. They accomplish this by creating distinctive programs and information resources that empower veterans to establish small businesses, secure employment, and optimize their retirement plans. The organization's mission is threefold: it focuses on employability, entrepreneurship training, and retirement education, aiming to directly assist unemployed, underemployed, retired veterans, and active duty personnel who are preparing to leave the military service. By providing these services, The Veterans' Transition Forum aims to support veterans in transitioning smoothly into civilian life.
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Impact
August, 2024
The Veterans' Transition Forum has a significant impact on veterans and their families by providing direct assistance in transitioning to civilian life. Through unique programs and information resources, the forum helps veterans start small businesses, acquire employment, and optimize their retirement plans. By addressing the needs of unemployed and underemployed veterans, retired veterans, and active duty personnel transitioning out of the military, the Veterans' Transition Forum contributes to enhancing their employability, providing training for entrepreneurship, and offering retirement education. This impactful work supports veterans in successfully integrating into civilian society and achieving their professional and personal goals.
This information is meant to be a general summary of The Veterans' Transition Forum. 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 2022.
- Gross Receipts: $28,000
Assets and Liabilities:
- Total Assets: $6,952
- Total Liabilities: $51,319
- Net Assets: -$44,367
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Organization Details
Founding Year
2012
Phone
(703) 403-7150Principal Officer
Phillip G Trigg
Main Address
215 DEPOT COURT SE, LEESBURG, VA, 20175
Website
www.vetforum.orgNTEE Category
Code: P80 - Human services
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