Overview
What is Project Vetrelief Inc?
Project Vetrelief Inc, based in Orlando, Florida, is a compassionate nonprofit organization dedicated to aiding United States military veterans and their families. During the recent fiscal period, they distributed a substantial amount of $416,249 in emergency assistance, focusing on essential needs such as food, housing, and education. The organization's mission is to provide support and assistance to veterans, demonstrating a strong commitment to their wellbeing. With a modest team of 13 dedicated individuals, they strive to make a significant impact in the lives of those who have served our country.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Project Vetrelief Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization’s high score is primarily due to its strong governance practices, including a fully independent board of directors and comprehensive policies for conflict of interest and whistleblower protections. This suggests a commitment to transparency and responsible oversight in its operations.
The organization demonstrates impressive financial health, with a program expense ratio of 99.96%, indicating that nearly all of its expenditures are directed toward its mission. Additionally, the low liabilities to assets ratio of 0.95% signals a stable financial position, which is advantageous for sustaining its programs and services. This focus on utilizing resources effectively enhances its credibility among donors and stakeholders.
While the charity excels in governance and financial management, the single beacon score also highlights potential areas for improvement in other metrics not covered in the current evaluation. However, the strong emphasis on accountability and responsible financial practices provides a positive outlook for Project Vetrelief Inc's ongoing efforts to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Project Vetrelief Inc legitimate?
Project Vetrelief Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Vetrelief 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:
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Other Salaries and Wages: $19,970
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What is the mission statement of Project Vetrelief Inc?
Project Vetrelief Inc, as a mission, focuses on providing aid to U.S. military veterans and their families. This assistance encompasses essential needs such as food, housing, and education. The organization's activities are geared towards offering support during challenging periods. During the recent fiscal period, Project Vetrelief Inc has contributed significantly to emergency veteran assistance, doling out an impressive sum of $416,249.
Who is the CEO of Project Vetrelief Inc?
Robert L James is the Directorpresident of Project Vetrelief Inc.
What is the revenue of Project Vetrelief Inc?
Project Vetrelief Inc's revenue in 2022 was $680,211.
Who are the executives of Project Vetrelief Inc and what are their salaries?
The average compensation at Project Vetrelief Inc during 2022 was $1,536. There are 13 employees at Project Vetrelief Inc.
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Where can I find the form 990 for Project Vetrelief Inc?
Project Vetrelief Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Project Vetrelief Inc
Project VetRelief Inc is committed to extending aid to United States military veterans and their families, specifically focusing on providing essentials such as food, housing, and education. This nonprofit organization works tirelessly to support those who have served their country, ensuring they have the resources they need to overcome various challenges. During the recent fiscal period, Project VetRelief Inc channeled over $41,000 towards emergency veteran assistance. This financial support is a testament to their dedication to helping our veterans and their families in times of need.
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Impact
July, 2024
Project Vetrelief Inc has made a significant impact by providing crucial assistance to United States military veterans and their families. Through their efforts, they have funded $416,249 in emergency veteran assistance during the fiscal period. Their focus on providing support for food, housing, and education contributes directly to improving the lives of those who have served our country. Based in Orlando, Florida, Project Vetrelief Inc remains dedicated to fulfilling their mission of assisting veterans and their families in need.
This information is meant to be a general summary of Project Vetrelief 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 2022.
- Gross Receipts: $680,211
Assets and Liabilities:
- Total Assets: $566,126
- Total Liabilities: $36,880
- Net Assets: $529,246
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Organization Details
Founding Year
2014
Principal Officer
Robert L James
Main Address
1912A LEE ROAD, Orlando, FL, 32810
NTEE Category
Code: W30 - Public benefit
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