Veterans in Media & Entertainment

Nonprofit profile at a glance

EIN
800805473
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Los Angeles, CA, USA
Phone
3238397677
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Official website

Reported finances

Revenue
$141,154
Expenses
$165,163
Assets
$12,906

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • Karen Kraft (Chairman)
  • Tom McCafferty (Vice-Chair)
  • Stephanie Stone (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vme educates, empowers and supports veterans and transitioning military members in finding meaningful jobs and internships in the media and entertainment industry through professional development programs: jobs & internship program, casting project, guest speaker series (a-list guests), classes, roundtables, and workshops.

What it reported doing in 2024

Founded in 2012 as a grassroots movement and 501(c)3, vme is a professional alumni association of u.s. Military veterans working in, or aspiring to work in, media and entertainment. Vme connects veterans to jobs, internships, and mentorship opportunities through the following programs: jobs, internships, casting, guest speaker, professional development/education (roundtable, classes, workshops, panels), premier & advanced screening series, community outreach, and fellowship events. Vme collaborates with over a dozen entertainment partners including studios, networks, agencies, production companies, etc.

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

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

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 15
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -17%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: -5.2% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $165K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Operating margin scored 10/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.