Alternatives for Vets

Nonprofit profile at a glance

EIN
810899667
IRS 990-EZ coverage
2019–2021
Forms available
Form 990 2018, Form 990-EZ 2021, Form 990-N 2015
Location
Long Beach, CA, USA
Phone
5624611516
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$94,764
Expenses
$102,365
Assets
$21,767
Liabilities
$34,383

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • VERONICA LIRA (CEO)

People named in this filing

  • VERONICA LIRA (CEO)
  • PATTI LAPLACE (Secretary)
  • KIMBERLY FINNEY (Treasurer)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide mental health services and assist veterans in filing for compensation benefits with the Department of Veterans Affairs

What it reported doing in 2021

The Organization assists veterans with claims research and processing. Served 492 new veterans for the fiscal year ended 06/30/2022.

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
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 64.6%; rating input score 65

Transparency & Controls

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

Sustainability

  • Operating margin: -8%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 1.58; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 50th percentile among comparable filings
  • Revenue growth: 23.5% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 40.3% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 64.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2019 to 2021
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.