Veterans Employment Training Services
EIN: 611718295 · Fredonia, WI · NTEE: J99
| Metric | Value |
|---|---|
| Total Revenue | $968K |
| Total Expenses | $984K |
| Net Assets | $-27,798 |
Is Veterans Employment Training Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Employment Training Services
Veterans Employment Training Services (EIN: 611718295) is a nonprofit organization based in Fredonia, WI, classified under NTEE code J99. The organization reported total revenue of $968K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Employment Training Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Employment Training Services is a small nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2013–2018). Revenue has grown at a compound annual rate of 117.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $968K |
| Total Expenses | $984K |
| Surplus / Deficit | $-15,588 |
| Total Assets | $17K |
| Total Liabilities | $45K |
| Net Assets | $-27,798 |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 264.9% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2018, Veterans Employment Training Services reported a deficit of $16K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 264.9% (high leverage).
Financial Trends
Over 5 years of filings (2013–2018), Veterans Employment Training Services's revenue has grown at a compound annual growth rate (CAGR) of 117.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -16.9% | -15.6% | -64.3% |
| 2017 | +1295.1% | +1003.8% | -9.9% |
| 2016 | +8349700.0% | +3088.0% | +237.7% |
| 2015 | -100.0% | +187.3% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Employment Training Services has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Veterans Employment Training Services with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 264.9%.
Frequently Asked Questions about Veterans Employment Training Services
Is Veterans Employment Training Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Employment Training Services (EIN: 611718295) insufficient data. 0 red flags identified, 0 strengths noted.
How does Veterans Employment Training Services spend its money?
Detailed spending breakdown data is not yet available for Veterans Employment Training Services. Check back for updated IRS 990 analysis.
Are donations to Veterans Employment Training Services tax-deductible?
Veterans Employment Training Services is registered as a tax-exempt nonprofit (EIN: 611718295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Employment Training Services located?
Veterans Employment Training Services is headquartered in Fredonia, Wisconsin and files with the IRS under EIN 611718295. It is classified under NTEE code J99.
How many years of IRS 990 filings does Veterans Employment Training Services have?
Veterans Employment Training Services has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $968K in total revenue.
Filing History
IRS 990 filing history for Veterans Employment Training Services showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2013–2018), Veterans Employment Training Services's revenue has grown by 4741.5%, moving from $20K to $968K. Total assets decreased by 10.5% over the same period, from $19K to $17K. Total functional expenses rose by 85233.7%, from $1K to $984K. In its most recent filing year (2018), Veterans Employment Training Services reported a deficit of $16K, with expenses exceeding revenue. The organization holds $45K in liabilities against $17K in assets (debt-to-asset ratio: 264.9%), resulting in net assets of $-27,798.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $968K | $984K | $17K | $45K | — | View 990 |
| 2017 | $1.2M | $1.2M | $47K | $59K | — | View 990 |
| 2016 | $83K | $106K | $52K | $59K | — | View 990 |
| 2015 | $1 | $3K | $16K | $0 | — | — |
| 2013 | $20K | $1K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $968K, expenses of $984K, and assets of $17K (revenue -16.9% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $47K (revenue +1295.1% year-over-year).
- 2016: Revenue of $83K, expenses of $106K, and assets of $52K (revenue +8349700.0% year-over-year).
- 2015: Revenue of $1, expenses of $3K, and assets of $16K (revenue -100.0% year-over-year).
- 2013: Revenue of $20K, expenses of $1K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Employment Training Services:
Data Sources and Methodology
This transparency report for Veterans Employment Training Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.