Aid Our Veterans Inc

Nonprofit profile at a glance

EIN
263820538
IRS 990-EZ coverage
2020–2023
Forms available
Form 990 2019, Form 990-EZ 2023
Location
Baltimore, MD, USA
Phone
4432335584
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$141,863
Expenses
$125,314
Assets
$22,546
Liabilities
$35,580

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • Debra Smith (President)

People named in this filing

  • Debra Smith (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Aid our Veterans, Inc. works to help homeless and out of work veterans of all branches of military service. The organization helps veterans with job placement, shelter, emergency assistance and financial support.

What it reported doing in 2023

Aid Our Veterans, Inc. was able to provide $13,868 in rent assistance to several veterans who could not afford the rental expense on their own. They also provided $30,110 in transportation, meals and other expenses for veterans. Their donations were used to help several hundred veterans during the year with food and clothing for veterans who were homeless or in need of assistance.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 22
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.2%; rating input score 21
  • Program expense ratio: 24%; rating input score 24

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.7%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 1.58; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 15.3%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -11.6% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -12.2% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 21.2% of revenue deployed · 24% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $30K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.