Overview
What is Veterans In Business?
Veterans In Business is a nonprofit organization, committed to supporting and uplifting veteran entrepreneurs. Their primary goal is to offer education, training, resources, and outreach services, with the aim of helping these business owners thrive. By providing this comprehensive support, they strive to ensure the success of all veterans in the business world.
Official website here: www.vibnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Star Rating
Veterans In Business has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The organization demonstrates strong leadership and adaptability, scoring a perfect 100 in that category. However, their overall accountability and finance score is lower at 69, which suggests there may be concerns regarding financial transparency and reporting.
The nonprofit shows financial responsibility with a low liabilities to assets ratio of 0.11% and a program expense ratio of 66.06%, indicating that a significant portion of their budget is directed toward program services. The organization benefits from a fully independent board, which is a positive aspect of its governance structure, although it has received no points for the independent board size, which may point to a need for improvement in this area.
Despite some strengths, the organization has notable weaknesses in financial statement transparency, scoring zero out of 15 points. Additionally, while they have several strong policies in place, such as conflict of interest and whistleblower policies, their overall lack of transparency in financial reporting remains a concern. These factors contribute to the nonprofit's overall moderate rating, suggesting that while they are effectively led, improvements in financial accountability could enhance their standing.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Veterans In Business?
100% of the 7 reviewers on Facebook recommend Veterans In Business. Here is a summary of their reviews:
The feedback highlights the immense value of the mentoring opportunities provided by this nonprofit, particularly for veterans looking to enhance their business skills. Many users appreciate the chance to connect with both major corporations and small businesses, showcasing a well-rounded approach to supporting veterans in their entrepreneurial endeavors.
Overall, the sentiment is overwhelmingly positive, with reviewers expressing their satisfaction and enthusiasm towards the resources and networking opportunities offered. Veterans In Business clearly lives up to its promise of supporting and guiding veterans in their business pursuits.
This AI summary has been generated from reviews found on Facebook.
Is Veterans In Business legitimate?
Veterans In Business is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans In Business 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: $92,192
Professional Fundraising Fees: $3,415
Other Salaries and Wages: $59,135
For more financial information, click here
Official website here: www.vibnetwork.org
What is the mission statement of Veterans In Business?
Veterans In Business is committed to supporting veterans in the realm of entrepreneurship. Their mission, as stated, is to offer educational resources, training, outreach, and assistance to help all veterans succeed in their business ventures. Their primary goal is to provide the necessary support to these veterans, aiming to foster their business success. The organization's activities are geared towards empowering veterans, offering them the tools they need to thrive in their business endeavors.
Official website here: www.vibnetwork.org
Who is the CEO of Veterans In Business?
Cole Woodman is the Chief Executive Officer of Veterans In Business. The CEO's salary of Veterans In Business is $92,192 and their total compensation is $92,192.
Official website here: www.vibnetwork.org
What is the revenue of Veterans In Business?
Veterans In Business's revenue in 2022 was $705,812.
Official website here: www.vibnetwork.org
Who are the executives of Veterans In Business and what are their salaries?
The average compensation at Veterans In Business during 2022 was $75,664. There are 2 employees at Veterans In Business.
Here are 2 key members and their salaries (Veterans In Business's CEO's salary is $92,192 and their total compensation is $92,192):
- Compensation: $92,192
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vibnetwork.org
Where can I find the form 990 for Veterans In Business?
Veterans In Business's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vibnetwork.org
Learn more at the official website: www.vibnetwork.org
Mission Statement of Veterans In Business
Veterans In Business, as a nonprofit organization, is dedicated to providing assistance to veterans who are involved in business ventures. Their mission is to offer educational resources, training, and support with the aim of helping all these veterans succeed in their entrepreneurial endeavors. By extending its reach to the business sector, Veterans In Business seeks to provide invaluable assistance to veterans in their pursuit of professional success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Veterans In Business provides vital support to veterans in business by offering education, training, resources, outreach, and general support. Through these initiatives, Veterans In Business helps veterans succeed in their entrepreneurial endeavors. This organization plays a significant role in ensuring that veterans have the tools and assistance they need to thrive as business owners.
This information is meant to be a general summary of Veterans In Business. 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.
- Program Service Revenue: $117,019
- Gross Receipts: $705,812
Assets and Liabilities:
- Total Assets: $235,223
- Total Liabilities: $67
- Net Assets: $235,156
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$117,019
Organization Details
Founding Year
2016
Principal Officer
Cole Woodman
Main Address
3621 HAWTHORN STREET, SAN DIEGO, CA, 92104
Website
www.vibnetwork.orgNTEE Category
Code: W30 - Public benefit
If you are a representative of Veterans In Business and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.