Veterans Center Incorporated

Nonprofit profile at a glance

EIN
263300495
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022, Form 990-N 2011
Location
Fayetteville, GA, USA
Phone
6787928387
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Management & Technical Assistance

Reported finances

Revenue
$198,797
Expenses
$186,326
Assets
$12,471
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • LISA TINCH (PRESIDENT)
  • RUPERT PARCHMENT (VICE PRESIDENT)

People named in this filing

  • LISA TINCH (PRESIDENT)
  • RUPERT PARCHMENT (VICE PRESIDENT)
  • SHARON WRIGHT (SECRETARY)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Financial literacy to veterans and their families and workforce development for veterans and their families, housing counseling.

What it reported doing in 2022

During the COVID-19 pandemic, our housing counseling program continued to provide essential services to individuals and families facing housing-related challenges. Our dedicated team of housing counselors swiftly adapted to remote work, ensuring that clients received uninterrupted support. Despite the economic turmoil caused by the pandemic, we successfully assisted numerous clients in navigating forbearance options, negotiating with lenders, and securing emergency rental assistance. Our efforts resulted in the preservation of housing stability for countless households, preventing homelessness during these challenging times. Through virtual workshops and one-on-one counseling sessions, we educated clients on their rights and responsibilities as renters and homeowners, empowering them to make informed decisions. As the pandemic created unprecedented uncertainty in the housing market, our program remained a steadfast resource, offering guidance, advocacy, and hope to those in need.

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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Sustainability: 42
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.5%; rating input score 77
  • Program expense ratio: 82.7%; rating input score 83

Transparency & Controls

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

Sustainability

  • Operating margin: 6.3%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 77.5% of revenue deployed · 82.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $154K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 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.

  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Sustainability: Operating margin scored 50/100.