Merging Vets And Players Inc
- Assets
- $1.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Los Angeles, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-2878851
Organization Overview
Merging Vets And Players Inc is located in Los Angeles, CA. The organization was established in 2016. 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. As of 12/2021, Merging Vets And Players Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merging Vets And Players 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, Merging Vets And Players Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
THE ORGANIZATION EMPOWERS COMBAT VERTERANS AND FORMER PROFESSIONAL ATHLETES BY CREATING A COMMUNITY AND BY PROVIDING THEM WITH A NEW TEAM TO ASSIST WITH TRANSITION, PROMOTE, AND PERSONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION EMPOWERS COMBAT VETERANS AND FORMER PROFESSIONAL ATHLETES BY CREATING A COMMUNITY AND CONNECTIONS AFTER THEIR SERVICE IS COMPLETE. THE ORGANIZATION ALSO PROVIDES A NEW TEAM TO ASSIST WITH TRANSITION AND PROMOTE PERSONAL DEVELOPMENT. THIS IS ACCOMPLISHED THROUGHT PEER TO PEER MENTAL SUPPORT GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nate Boyer Executive Director | OfficerTrustee | 40 | $76,642 |
Ben Heldford Treasurer | OfficerTrustee | 1 | $0 |
Catherine Pack Secretary | OfficerTrustee | 1 | $0 |
Jay Glazer President | OfficerTrustee | 1 | $0 |
Chris Stewart Director | Trustee | 1 | $0 |
Constance Schwartz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,996,302 |
| Noncash contributions included in lines 1a–1f | $2,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,064,002 |
| Total Program Service Revenue | $0 |
| Investment income | $47 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,348 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,079,397 |
| 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. | $76,642 |
| Compensation of current officers, directors, key employees. | $19,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $642,215 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,014 |
| Payroll taxes | $62,817 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,753 |
| Advertising and promotion | $0 |
| Office expenses | $87,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,965 |
| Travel | $38,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $884 |
| Insurance | $30,008 |
| All other expenses | $0 |
| Total functional expenses | $1,447,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,127,863 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $131,550 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,024 |
| Total assets | $1,263,437 |
| Accounts payable and accrued expenses | $17,511 |
| Grants payable | $107,800 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125,311 |
| Net assets without donor restrictions | $1,076,876 |
| Net assets with donor restrictions | $61,250 |
| 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 | $1,263,437 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Merging Vets And Players Inc has recieved totaling $242,694.
| Awarding Organization | Amount |
|---|---|
Two Lights Foundation Inc Denver, CO PURPOSE: GENERAL USE | $100,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $50,000 |
Robert R Mccormick Foundation Chicago, IL PURPOSE: SUPPORT MERGING VETS AND PLAYERS OPERATIONS IN CHICAGO | $25,000 |
Giants Foundation Inc New York Football Giants East Rutherford, NJ PURPOSE: TO SUPPORT THE ONGOING MISSION MERGING VETS AND PLAYERS, INC. BY SUPPORTING COMBAT VETERANS AND FORMER PROFESSIONAL ATHLETES | $10,000 |
Saban Charitable Support Fund Los Angeles, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Chive Charities Austin, TX PURPOSE: VETERAN ASSISTANCE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vietnam Veterans Of San Diego San Diego, CA | $48,971,024 | $19,292,555 |
D A V Industries Spring Valley, CA | $16,692,300 | $10,872,133 |
Amvets Department Of California Service Foundation Garden Grove, CA | $23,614,480 | $12,375,344 |
Blue Star Families Inc Encinitas, CA | $9,421,835 | $11,402,884 |
Veterans Transition Center Of Monterey County Marina, CA | $10,271,050 | $3,306,792 |
Uso - Greater Los Angeles Area Inc Dba Bob Hope Uso Long Beach, CA | $9,922,016 | $7,823,004 |
Sepulveda Research Corporation North Hills, CA | $0 | $358,377 |
Support The Enlisted Project Inc San Diego, CA | $1,459,918 | $2,679,000 |
For The Troops Simi Valley, CA | $784,854 | $2,236,492 |
American Legion Los Angeles, CA | $8,304,662 | $2,700,970 |
Amvets Tulare, CA | $33,154 | -$424,708 |
American Legion Newport Beach, CA | $3,019,417 | $1,919,300 |