Vetcoin Foundation Incorporated

Connect, Enable and Transform

aka VetCoinHQ   |   Odessa, FL   |  https://vetcoinhq.com
This organization's exempt status was automatically revoked by the IRS for failure to file a Form 990, 990-EZ, 990-N, or 990-PF for 3 consecutive years. Further investigation and due diligence are warranted.

Mission

Throughout history, as people went off to war, they returned changed, often not for the better. All things considered, it is a tragedy that today, when a service member takes off the uniform, they face life challenges that include: • Financial insecurity (20%) • Difficulty accessing capital (1/3) • Veteran-owned businesses that lack market presence • Homelessness (~1.5 million; 1 in 10 homeless persons in America is a veteran) • Medical and mental health issues (41%) • Difficulty transitioning to civilian life (44%) • Suicide (over 6,300 a year) Vetcoin Foundation is an IRS registered 501(c)(3) Foundation and 509(a)(2) Public Charity with a mission to Connect, Enable and Transform veteran communities through blockchain technology and cryptocurrency to address these issues.

Ruling year info

2022

CEO

Elmer Bautista Francisco

President

Lt. Col. Brian Vukelic

Main address

17008 Lake James Rd

Odessa, FL 33556 USA

Show more contact info

EIN

87-3383836

NTEE code info

Military/Veterans' Organizations (W30)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Throughout history, as people went off to war, they returned changed, often not for the better. All things considered, it is a tragedy that today, when a service member takes off the uniform, they face life challenges that include: • Financial insecurity (20%) • Difficulty accessing capital (1/3) • Veteran-owned businesses that lack market presence • Homelessness (~1.5 million; 1 in 10 homeless persons in America is a veteran) • Medical and mental health issues (41%) • Difficulty transitioning to civilian life (44%) • Suicide (over 6,300 a year)

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Start-up Business Incubator Program

We will give up to $5,000 and 100 million VetCoins to the deserving veteran with the most promising start-up business concept and sound action plans.

Population(s) Served
Veterans

Vetaverse is a virtual world which is the home of veteran-owned businesses, services and veteran oriented non-profits along with civilian merchants who offer discounts to the military community to give them more market presence than ever before which is among our missions. The VETAVERSE is forever free for veterans. VetCoin (VTC) is the default currency of the VETAVERSE.

Population(s) Served
Veterans

Where we work

Videos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Average online donation

This metric is no longer tracked.
Totals By Year
Population(s) Served

Veterans

Related Program

VETAVERSE

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

VETAVERSE is a virtual world which is the home of veteran-owned businesses, service and veteran-oriented non-profits.

Number of public events held to further mission

This metric is no longer tracked.
Totals By Year
Population(s) Served

Veterans

Related Program

Start-up Business Incubator Program

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Context Notes

We have launched the Start-up Business Incubator Program to provide up to $5,000 and 100million VetCoins (VTC) to jumpstart the business while guiding the proponent in the way to the top.

Total number of acres of area indirectly controlled under cultivation

This metric is no longer tracked.
Totals By Year
Population(s) Served

Veterans, Unemployed people

Related Program

VETAVERSE

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

OUR VALUE PROPOSITION

CONNECT
VetCoin connects veterans to each other, veteran services, and retailers that offer military discounts.

ENABLE
VetCoin enables our heroes through access to capital in the blockchain economy allowing them to buy, trade, and invest in the future.

TRANSFORM
VetCoin transforms lives by donating to charities that support veterans in need.

Vetcoin Foundation is an IRS registered 501(c)(3) Foundation and 509(a)(2) Public Charity eligible to receive tax deductible contributions, bequests and donations with a mission to Connect, Enable and Transform veteran communities through blockchain technology and cryptocurrency to address these issues.

We created the VETAVERSE which is a virtual world and the home of veteran-owned businesses, services and veteran-oriented non-profits along with civilian merchants that offer military discounts. The VETAVERSE is forever free for veterans to help their businesses gain more market presence than ever before. VetCoin (VTC) is the default currency of the VETAVERSE.

VetCoin also has the Start-up Business Incubator Program where we give grants of up to $5,000 and 100million VetCoins to deserving veteran business start-ups to jumpstart their promising business ideas.

VetCoin is currently setting up virtual consultations and therapy sessions in the VETAVERSE for vetetans with health and mental health issues where they could have free consultations with our affiliated professionals.

VetCoin also creates focus groups with diverse interests where veterans could join the respective communities with their similar interests.

VetCoin will also do housing projects for homeless veterans.

VetCoin Foundation has established and in the process of registering economic zones.

More projects are being conceptualized wherein VetCoin would also partner with other non-profits to accomplish our missions.

VetCoin is composed of a board of 11 born and honed leaders that are all proven to accomplish huge tasks and could efficiently lead people to do extraordinary tasks as well from retired military officers, former US ambassador, successful businessmen, etc. along with a strategically diverse board of advisors.

VetCoin also has presence in all 50 states aside of the global team.

VetCoin as successfully launched last Veterans Day November 11, 2021 and have already successfully created the VETAVERSE which will be launched on May 12, 2022 at our Leaving No Veterans Behind event at Tampa Club where we will award our first winner of the Start-up Business Incubator Program.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Vetcoin Foundation Incorporated
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Vetcoin Foundation Incorporated

Board of directors
as of 01/17/2024
SOURCE: Self-reported by organization
Board chair

Lt.Col. Brian Vukelic

US Marine Corps / US Special Operations Command

Joey Shimerdla

US Army

Russ Townsend

US Army

Theresa Cross

US Army

Raf Bosch

US Air Force

Ahmad Glover

US Air Force

Brian Vukelic

US Marine Corps

Harry Thomas

US Department of State

Miggy Ticzon

VetCoin Foundation

Aaron Adonis Bazin

US Army

Elmer Bautista Francisco

VetCoin Foundation

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 8/23/2023
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 08/23/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.