Veternation Inc
- Assets
- $14.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sanford, NC
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 84-2332428
Organization Overview
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 12/2022, Veternation Inc generated $20.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 75.0% each year . All expenses for the organization totaled $14.6k during the year ending 12/2022. While expenses have increased by 57.6% per year over the past 3 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
2022
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabrielle L Saunders President | 40 | $0 | |
Elbert King Secretary | 0 | $0 | |
Ronald English Jr Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,035 |
| 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 | $20,035 |
| 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 | $4,908 |
| Occupancy, rent, utilities, and maintenance | $6,292 |
| Printing, publications, postage, and shipping | $2,623 |
| Other expenses | $821 |
| Total expenses | $14,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,268 |
| Other assets | $0 |
| Total assets | $14,268 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,268 |