Vetspace Inc
- Assets
- $388.4k
- Revenue
- $225.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Gainesville, FL
- Founding
- 02/1995
- Data as of
- 12/2021
- EIN
- 59-3251229
Organization Overview
Vetspace Inc is located in Gainesville, FL. The organization was established in 1995. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Vetspace Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vetspace 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 12/2021, Vetspace Inc generated $225.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $225.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRANSITIONAL AND PERMANENT SHELTER, FOOD, MENTAL HEALTH SUBSTANCE ABUSE COUNSELING, CAREER COUNSELING, AND EDUCATIONAL ASSISITANCE TO VETERANS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TEMPORARY AND PERMANENT SHELTER, FOOD, MENTAL HEALTH SUBSTANCE ABUSE COUNSELING, CAREER COUNSELING, AND EDUCATIONAL ASSISTANCE TO VETERANS IN NEED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Roller Treasurer | OfficerTrustee | 10 | $0 |
Stephen Dodd President | OfficerTrustee | 2 | $0 |
Frances Dodd Secretary | OfficerTrustee | 2 | $0 |
Joseph Willingham Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $216,727 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,970 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,970 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,828 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,833 |
| Payroll taxes | $7,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,824 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,124 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,021 |
| Insurance | $10,227 |
| All other expenses | $537 |
| Total functional expenses | $225,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,640 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,274 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,117 |
| Net Land, buildings, and equipment | $304,017 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $397 |
| Total assets | $388,445 |
| Accounts payable and accrued expenses | $2,696 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $66,711 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,906 |
| Total liabilities | $75,313 |
| Net assets without donor restrictions | $312,570 |
| Net assets with donor restrictions | $562 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $388,445 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vetspace Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Transition House Of Washington Inc Saint Cloud, FL | $1,607,581 | $3,946,761 |
Crossing The Jordan Foundation Inc Weston, FL | $358,334 | $2,743,535 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
The Wellhouse Odenville, AL | $7,523,032 | $3,587,896 |
Brevard Rescue Mission Inc Melbourne, FL | $6,793,930 | $3,069,601 |
Housing First Steps Forward Inc Tampa, FL | $8,179,447 | $2,637,616 |
Priority Veteran Inc Birmingham, AL | $238,389 | $1,195,144 |
Pinnacle Residential Centre, AL | $768,481 | $1,360,249 |
Rural Neighborhoods Incorporated Florida City, FL | $18,996,790 | $4,207,374 |
Five S T A R Veterans Center Inc Jacksonville, FL | $1,547,656 | $888,650 |