Veterans Enterprise Training & Services Group Inc
Only null% goes to programs Thin reserves Declining revenue
Veterans Enterprise Training & Services Group Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2005, with $81,623 in FY2024 revenue. CharityIndex grades it D.
1400 16th St Nw, Washington, DC, 20036 EIN 68-0594161 Since 2005
Revenue (FY2024)
$82K
▼ 85.2% vs prior year
Community median: $184K
Expenses (FY2024)
$248K
Net assets
-$307K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Veterans Enterprise Training & Services Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -204% 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 Veterans Enterprise Training & Services Group Inc: 0 mo reserves · -204% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Veterans Enterprise Training & Services Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Veterans Enterprise Training & Services Group Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1400 16th St Nw, Washington, DC, 20036
- City
- Washington
- State
- District of Columbia
- Subcategory
- Business & Industry Associations
- Website
- …
Financial trends
Revenue declined from $843K (FY2013) to $82K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $339KNet assets -$307K
Operating margin
-203.6%
Spent more than it raised in the latest fiscal year.
Total assets
$33K
Total liabilities
$339K
Net assets
-$307K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $81,623▼85.2% | $247,790▼69.8% | -$306,500▼118% | $32,870▼79.8% | 990 |
| 2023 | $550,558▼5.5% | $820,124▲51.8% | -$140,333▼209% | $163,027▼62.6% | 990 |
| 2022 | $582,854▲55.0% | $540,350▲31.9% | $129,233▲49.0% | $435,801▼5.2% | 990 |
| 2021 | $376,037▲5.8% | $409,786▲23.1% | $86,729▼28.0% | $459,915▲101% | 990 |
| 2020 | $355,476▲31.9% | $332,837▼7.9% | $120,478▲23.1% | $228,597▲17.5% | 990 |
| 2019 | $269,468▼40.0% | $361,395▲8.2% | $97,839▼48.4% | $194,481▼29.4% | 990 |
| 2018 | $448,785▲63.4% | $334,111▲43.5% | $189,766▲153% | $275,318▲115% | 990 |
| 2017 | $274,689▲121% | $232,887▲34.9% | $75,092▲126% | $127,990▲51.3% | 990 |
| 2016 | $124,125▼65.0% | $172,671▼65.3% | $33,290▼59.3% | $84,586▼36.0% | 990 |
| 2015 | $354,735▼67.8% | $498,260▼43.5% | $81,836▼68.9% | $132,133▼63.4% | 990 |
| 2014 | $1,101,993▲30.7% | $882,282▲25.1% | $263,266▲504% | $360,676▲125% | 990 |
| 2013 | $843,066 | $705,011 | $43,555 | $160,434 | 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.
Grants received · $403K total
4 grants to Veterans Enterprise Training & Services Group Inc totaling $403K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2022 | $100,667 |
| American Online Giving Foundation Inc | General support | 2021 | $102,739 |
| American Online Giving Foundation Inc | General support | 2020 | $100,000 |
| American Online Giving Foundation Inc | General support | 2020 | $100,000 |
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Frequently asked questions
- Is Veterans Enterprise Training & Services Group Inc a legitimate nonprofit?
- Yes. Veterans Enterprise Training & Services Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 68-0594161, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Veterans Enterprise Training & Services Group Inc's EIN?
- Veterans Enterprise Training & Services Group Inc's Employer Identification Number (EIN) is 68-0594161.
- How much revenue does Veterans Enterprise Training & Services Group Inc report?
- Veterans Enterprise Training & Services Group Inc reported $81,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Veterans Enterprise Training & Services Group Inc have?
- CharityIndex grades Veterans Enterprise Training & Services Group Inc D, based on financial health (reserves and operating margin).
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Data for Veterans Enterprise Training & Services Group Inc (EIN 68-0594161) 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.