Military Veterans Educational Foundation Inc
- Assets
- $85.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worthington, OH
- Founding
- 02/1988
- Data as of
- 12/2022
- EIN
- 31-1214580
Organization Overview
Military Veterans Educational Foundation Inc is located in Worthington, OH. The organization was established in 1988. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Military Veterans Educational Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Military Veterans Educational Foundation Inc generated $85.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $71.9k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HISTORICALLY, THE FOUNDATION HAS HELD TWO PROGRAMS, THE ARMED FORCES DAY LUNCHEON AND THE VETERANS DAY PARADE. FOR 2020, DUE TO THE COVID-19 PANDEMIC, BOTH EVENTS WERE CANCELLED. THE ORGANIZATION DID AWARD SCHOLARSHIPS AND GRANTS IN 2020, TOTALING $6,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Zoretic President | 5 | $0 | |
Carrie Killingsworth Vice President | 5 | $0 | |
Ben Klepek Secretary | 5 | $0 | |
David Veppert Treasurer | 5 | $0 | |
Benjamin Davis Trustee | 0.5 | $0 | |
Carl Swisher Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,500 |
| Total Program Service Revenue | $56,289 |
| Membership dues | $0 |
| Investment income | $1,861 |
| Gain or Loss | $2,416 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,066 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $56,377 |
| Total expenses | $71,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,635 |
| Other assets | $0 |
| Total assets | $85,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,469 |