Elite Veterans Initiative
Nonprofit profile at a glance
- EIN
- 820728739
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017
- Location
- Irvine, CA, USA
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $75,588
- Expenses
- $68,456
- Assets
- $10,998
- Liabilities
- $3,866
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DUSTIN TILLMAN (PRESIDENT)
- PHIL DIXON (CEO)
People named in this filing
- DUSTIN TILLMAN (PRESIDENT)
- ZEESHAWN ZIA (TREASURER)
- PHIL DIXON (CEO)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1. Objectives. Elite veterans initiative is organized primarily to: a. Provide assistance to veterans and their families and support veteran rehabilitation efforts; b. Provide the necessary tools and education to empower veterans as they acclimate back to the work force and advance in their careers; c. Provide careers for veterans with a robust recruiting, development and on-boarding plan.
What it reported doing in 2017
Elite veterans initiative's mission statement is to support, empower and employ our nation's heroes. Elite veterans initiative raised over 75,000 in cash and gifts in our inaugural swing fore the vets charity golf tournament. After expenses were covered, funds were donated by evi for rehabilitation and support services for veterans and veteran families. Last christmas evi adopted two combat veteran families to raise money and gifts to donate for their holiday celebrations. We raised 3,500 in cash, plus 1,700 in gifts for both families combined. We have increased and strengthened our 10 biggest partnerships which include local universities such as cal state fullerton, and nation-wide organizations such as the u.s. Chamber of commerce, from which we host 5 active duty service members in corporate-level internship positions at elite aerospace group. We completed our first career development day last friday to educate veterans on advanced-level business topics, including classes on business development, customer solutions, acquisitions and mergers, quality control, production management, interview and resume tips, and non-profit organizational skills.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
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: 16
- Transparency & Controls: 82
- Sustainability: 42
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15%; rating input score 15
- Program expense ratio: 16.6%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.4%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 15% of revenue deployed · 16.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 15/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.