Veterans Tv Inc
- Assets
- $579.7k
- Revenue
- $29.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Grass Valley, CA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-1256435
Organization Overview
Veterans Tv Inc is located in Grass Valley, CA. The organization was established in 2019. 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. Veterans Tv 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 12/2023, Veterans Tv Inc generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $282.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VETERANS TV INC'S MISSION IS TO HELP FILL IN THE GAP IN CAREER TRAINING FOR THOSE RETURNING FROM SERVICE, AND ULTIMATELY TO IMPROVE THE LIVES OF VETERANS AND THEIR FAMILIES. OUR PROGRAM OFFERS THE MOST PROFESSIONAL, REAL-TIME, HANDS-ON TV PRODUCTION AND POST-PRODUCTION TECHNICAL TRAINING AVAILABLE. VETV SERVES VETERANS OF THE UNITED STATES ARMED AND UNIFORMED SERVICES AND THEIR FAMILY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERANS TV HELD IT'S INITIAL TRAINING PROGRAM IN LOS ANGELES, CA. 8 VETERANS PARTICIPATED IN THE 2 WEEK PROGRAM. 2 STUDENTS IN THIS PROGRAM WERE OFFERED FREELANCE EMPLOYMENT WITH AN LA PRODUCTION COMPANY.VETERANS TV PROVIDED BASIC REMOTE PRODUCTION COURSE IN GRASS VALLEY, CA FOR 1 VETERAN, WHO PARTICIPATED IN A 2 DAY PROGRAM ALONG WITH 14 STUDENTS FROM A VETV SPONSOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Zuelsdorf Director | Trustee | 1 | $0 |
Jim Ocon Director | Trustee | 0.5 | $0 |
Christin Dale ESQ Director | Trustee | 1 | $0 |
Robert Lefcovich President | Officer | 25 | $0 |
Peter A Mason Treasurer | Officer | 15 | $0 |
Ray Baldock Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,813 |
| Noncash contributions included in lines 1a–1f | $3,912 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,813 |
| Total Program Service Revenue | $4,000 |
| 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 | $29,163 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,370 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,804 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,712 |
| Travel | $3,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $103 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $263,709 |
| Insurance | $2,968 |
| All other expenses | $1,465 |
| Total functional expenses | $282,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,836 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $560,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $579,695 |
| Accounts payable and accrued expenses | $0 |
| 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 | $7,747 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,747 |
| Net assets without donor restrictions | $571,948 |
| Net assets with donor restrictions | $0 |
| 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 | $579,695 |