Vet Resource Center Inc

Nonprofit profile at a glance

EIN
934978761
IRS 990 coverage
2023–2025
Forms available
Form 990 2025
Location
Ocala, FL, USA
Phone
3523900704
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$339,336
Expenses
$328,539
Assets
$338,832
Liabilities
$225,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Stephen Petty (President, Director)

People named in this filing

  • Robert Levenson (Chairman of the Board)
  • Charles Dodge (Diirector, CIO)
  • William Fix (Director)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vet Resource Center Inc. provides veterans free early warning cancer blood tests that scans for over 50 different types of cancer for our Veterans exposed to Burn Pits and Toxins during their military service. VRC conducts activity on the Internet at VetResourceCenter.com which has over 600 links to resources and benefits for veterans and their families.

What it reported doing in 2025

Vet Resource Center Inc. received a second $50,000 grant from a Marion County, Florida Community Development Block Grant and a second $300,000 grant from the Marion County Hospital District plus a $50,000 donation from Advent Health Ocala to provide a free early warning cancer blood test that scans for over 50 different types of cancer for our Veterans exposed to Burn Pits and Toxins during their military service. Vet Resource Center has provided over 500 free Galleri early warning cancer tests to veterans in 2025.

Operating model

Revenue model
Donor-supported. 85% 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

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

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.3%; rating input score 95
  • Program expense ratio: 98.4%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 3.2%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 143.1% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 109.9% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 70% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 95.3% of revenue deployed · 98.4% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $323K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.