Veteran Tickets Foundation
99% goes to programs $0 to raise $100 Thin reserves Growing revenue
Veteran Tickets Foundation is a 501(c)(3) organization based in Tempe, Arizona, registered in 2010, with $298,643,996 in FY2024 revenue. CharityIndex grades it B+, and it directs about 99% of spending to programs.
1255 W Rio Salado Parkway, Tempe, AZ, 85281 EIN 26-2291955 Since 2010
Revenue (FY2024)
$298.6M
▲ 30.6% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$293.8M
Net assets
$12.3M
Employees
29
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Veteran Tickets Foundation: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Veteran Tickets Foundation: 1 mo reserves · +2% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Veteran Tickets Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Veteran Tickets Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To give back to those individuals that have served the united states of america. we serve the commnity of active duty, retired and honoarble discharged veterans
Contact & location
- Address
- 1255 W Rio Salado Parkway, Tempe, AZ, 85281
- City
- Tempe
- State
- Arizona
- Category
- Public & Societal Benefit
- Subcategory
- Military & Veterans Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $28.9M (FY2016) to $298.6M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,426Net assets $12.3M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.3M
Total liabilities
$2,426
Net assets
$12.3M
Salaries & benefits
$5.0M
2% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $298,643,996▲30.6% | $293,755,451▲28.8% | $12,298,154▲66.0% | $12,300,580▲65.2% | 990 |
| 2023 | $228,709,698▲33.3% | $228,063,150▲35.6% | $7,409,609▲9.6% | $7,445,214▲9.7% | 990 |
| 2022 | $171,576,223▲145% | $168,227,690▲152% | $6,763,061▲98.1% | $6,785,734▲95.4% | 990 |
| 2021 | $70,156,514▲219% | $66,879,455▲184% | $3,414,528▲2384% | $3,473,043▲421% | 990 |
| 2020 | $21,996,284▼57.0% | $23,556,468▼53.6% | $137,468▼89.9% | $666,761▼60.0% | 990 |
| 2017 | $51,187,167▲77.3% | $50,757,192▲78.4% | $1,362,752▲46.1% | $1,665,879▲64.9% | 990 |
| 2016 | $28,871,028 | $28,454,208 | $932,777 | $1,010,111 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Coo Edward Rausch — $332,000 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Coo Edward Rausch | Chairman & Coo | 40 | $332,000 |
| Cto Floyd Hogan 111 | Cto | 40 | $332,000 |
| Ceo Michael A Focareto 111 | Ceo/cfo | 40 | $330,000 |
| Accounting Cynthia Creed | Treasurer/secretary | 10 | $47,357 |
| Chris Blindheim | Director | 0 | — |
| Dwayne Somers | Director | 0 | — |
| Jessica Berry | Director | 0 | — |
| Roger A Grad | Director | 0 | — |
| Travis Leach | Director | 0 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Brett D Nyborg | Consulting | $89,400 |
Grants received · $322K total
16 grants to Veteran Tickets Foundation totaling $322K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $36,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $33,813 |
| Paypal Charitable Giving Fund | — | 2023 | $18,087 |
| American Online Giving Foundation Inc | General support | 2023 | $5,328 |
| Paypal Charitable Giving Fund | General support | 2022 | $9,125 |
| American Online Giving Foundation Inc | General support | 2022 | $7,399 |
| Paypal Charitable Giving Fund | General support | 2021 | $17,749 |
| Network For Good Inc | Unrestricted | 2021 | $6,314 |
| Arizona Community Foundation | Program support | 2021 | $6,000 |
| Paypal Charitable Giving Fund | General support | 2020 | $21,047 |
| Paypal Charitable Giving Fund | — | 2019 | $13,341 |
| San Francisco Symphony | To provide veterans free access to symphony performances | 2018 | $87,850 |
| San Francisco Symphony | To provide the community free access to select symphony performances | 2017 | $29,500 |
| Network For Good Inc | Unrestricted | 2016 | $14,923 |
| Arizona Community Foundation | Program support | 2016 | $10,000 |
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Compare Veteran Tickets Foundation
Frequently asked questions
- Is Veteran Tickets Foundation a legitimate nonprofit?
- Yes. Veteran Tickets Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2291955, based in Tempe, Arizona. Donations are tax-deductible.
- What is Veteran Tickets Foundation's EIN?
- Veteran Tickets Foundation's Employer Identification Number (EIN) is 26-2291955.
- How much revenue does Veteran Tickets Foundation report?
- Veteran Tickets Foundation reported $298,643,996 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Veteran Tickets Foundation's spending goes to programs?
- Veteran Tickets Foundation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Veteran Tickets Foundation have?
- CharityIndex grades Veteran Tickets Foundation B+, based on program efficiency and fundraising cost.
- How much does Veteran Tickets Foundation's highest-paid employee make?
- The highest reported compensation on Veteran Tickets Foundation's latest Form 990 is $332,000, paid to Coo Edward Rausch (Chairman & Coo).
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Data for Veteran Tickets Foundation (EIN 26-2291955) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.