Whole Vet Inc

Nonprofit profile at a glance

EIN
820682484
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-T 2024, Form 990-N 2020
Location
Willow Spring, NC, USA
Phone
9198102600
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$18,861
Expenses
$24,606
Assets
$6,058

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Dale Robbins (President)

People named in this filing

  • Dale Robbins (President)
  • James Simpson (Chairman)
  • Christopher Cornett (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Whole Vet is a 501c3 non-profit organization, providing veterans, transitioning service members, National Guard and Reserve members, and their families with the tools, resources, and support to have a great civilian career and life. We know that a time of transition can seem daunting. Any time of change in life can seem daunting. We are putting in place programs to help 'Build Lives Together'. We have created a platform of collaboration within the Veteran Service Space as we partner and team with hiring companies, educational institutions, and fellow veteran service organizations. In 2024 we continued our mission via our two types of events: MCTDs (Transition/Hiring) and MVEC (Coalition of Veteran Service Organizations) throughout North Carolina. We held MCTDs in the Spring and Fall at NC State University. We held MVECs in the Spring in Wilmington, NC (expansion to the coast) and in Raleigh at NC State (established annually now). Through MVEC we continue to support and bring together i

What it reported doing in 2024

Military Career Transition Days MCTD: At our 'Transition Events', we have speaker panels made up of veterans and military spouses, keynote speakers, and career path exploration workshops in which we have in-depth discussions regarding what civilian careers truly look like. Furthermore, we have hiring companies, educational institutions, and fellow veteran service organizations in order for participants to network regarding career opportunities as well as to ensure they are familiar with the educational opportunities and resources provided by the organizations that are present. In 2017 and 2018, these events took place on Corporate campuses and thus aptly named 'Corporate Campus Visits'. We then expanded in 2019 to larger venues at community colleges, 4 year universities, and now on military bases. These events are titled 'Military Career Transition Days'. Our current MCTDs are not only serving veterans, military spouses, and transitioning service members on North Carolina bases, but also Joint Base Charleston through our hybrid in-person and virtual event model. The expansion of this program included in 2022 holding events on bases such as Camp Lejeune MCB and Cherry Point MCAS. In 2023, 7 events were held with 120 representatives from participating sponsors, educational institutions and non-profits. 482 transitioning service members, veterans, and military spouses attended. In 2024, we continued with our MCTDs being held both in the Spring and Fall at NC State University. Our team of Collaborating Table Partners (VSOs, Hiring Companies, and Educational Institutions) provide trusted resources to those we serve as our events provide the 'Connect' to these incredibly valuable resources. Our speakers fulfill our stated goal of 'Inspiring and Encouraging' those we serve.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.1%; rating input score 97
  • Program expense ratio: 74.4%; rating input score 74

Transparency & Controls

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

Sustainability

  • Operating margin: -30.5%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 52.8%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -12% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -65.1% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -84.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 97.1% of revenue deployed · 74.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $18K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.