Academy of United States Veterans Foundation

Nonprofit profile at a glance

EIN
821095501
IRS 990 coverage
2019–2020
Forms available
Form 990 2020, Form 990-EZ 2019, Form 990-N 2018
Location
Arlington, VA, USA
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$250,079
Expenses
$287,574
Assets
$-12,617
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • ASSAL RAVANDI (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ASSAL RAVANDI (CHIEF EXECUTIVE OFFICER): $110,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We at AUSV believe that collaborative communities can be a vehicle to bring real opportunities for society. By encouraging creativity in this cooperative environment we hope to create a new narrative for our veterans and for all Americans. We believe that community unity is a tribute to the strength and preference of people for inclusion and partnership over division and alienation.?

What it reported doing in 2020

The Veterans Awards also known as the Vettys is an annual award ceremony presented by the Academy of United States Veterans. The awards honor members of the veteran community in the United States in various categories.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 90% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.6%; rating input score 76
  • Program expense ratio: 65.8%; rating input score 66
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -15%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: -0.04; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 19.1%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: -18% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -2.8% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -611.6% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 75.6% of revenue deployed · 65.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $189K in reported program spending
  • Leadership: top reported pay $110K · 1 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.