Veteran Rites Inc
- Assets
- $219.1k
- Revenue
- $456.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Tacoma, WA
- Founding
- 02/2020
- Data as of
- 12/2023
- EIN
- 84-2116162
Organization Overview
Veteran Rites Inc is located in Tacoma, WA. The organization was established in 2020. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veteran Rites 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, Veteran Rites Inc generated $456.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $377.9k during the year ending 12/2023. While expenses have increased by 36.0% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VETERANRITES IS TO INITIATE VETERANS INTO TRUE IDENTITY, PURPOSE, AND BELONGING AFTER MILITARY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUIDED PARTICIPANTS SUFFERING FROM POST TRAUMATIC STRESS, SUICIDAL IDEATION, MILITARY SEXUAL TRAUMA, TRAUMATIC BRAIN INJURY, ALCOHOLISM, MORAL INJURY, SURVIVORS GUILT, COMBAT-RELATED DISABILITIES, DEPRESSION, ISOLATION, TYPE 1 DIABETES, RACISM, SEXISM, AGEISM, HOMELESSNESS, AND PERMANENT BLINDNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Mielcarek Executive Di | OfficerTrustee | 40 | $68,112 |
James Baumgart Member | Officer | 2 | $0 |
John Crary President | Officer | 2 | $0 |
Jessica Gore-Medoff Member | Officer | 2 | $0 |
Sara Harris Member | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $453,581 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,258 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,839 |
| 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 | $456,839 |
| 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. | $68,113 |
| Compensation of current officers, directors, key employees. | $10,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,834 |
| 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 | $86,950 |
| Advertising and promotion | $1,228 |
| Office expenses | $30,568 |
| Information technology | $9,429 |
| Royalties | $0 |
| Occupancy | $69,480 |
| Travel | $17,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,922 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,438 |
| All other expenses | $0 |
| Total functional expenses | $377,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,573 |
| Savings and temporary cash investments | $1,526 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,099 |
| Accounts payable and accrued expenses | $3,454 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,454 |
| Net assets without donor restrictions | $0 |
| 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 | $215,645 |
| Total liabilities and net assets/fund balances | $219,099 |