Veternation Inc is located in Sanford, NC. The organization was established in 2020. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veternation 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, Veternation Inc generated $19.9k in total revenue. All expenses for the organization totaled $12.2k during the year ending 12/2021. While expenses have increased by 80.6% per year over the past 2 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
2021
Describe the Organization's Program Activity:
Part 3
VETERNATION IS A PROUD VETERAN OPERATED NON-PROFIT ORGANIZATION LOCATED IN SANFORD, NC. OUR MISSION IS TO EMPOWER COMMUNITY VETERANS THROUGH ADVOCACY, OUTREACH, AND EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gabrielle L Saunders President | 0 | $0 | |
Elbert King Secretary | 0 | $0 | |
Ronald English Jr Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,946 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,946 |
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 | $4,370 |
Occupancy, rent, utilities, and maintenance | $2,997 |
Printing, publications, postage, and shipping | $3,813 |
Other expenses | $1,019 |
Total expenses | $12,199 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,877 |
Other assets | $0 |
Total assets | $8,877 |
Total liabilities | $0 |
Net assets or fund balances | $8,877 |
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