Veterans Independence Foundation

Veterans helping veterans in removing short term barriers to long term success

RAINIER, WA | https://heretohelpvets.org/

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GuideStar Charity Check

EIN: 83-1670836

Contributions tax deductible
as of May 2023

IRS BMF 509(a)(1)
as of May 08, 2023

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Charity Check report

Mission

Help make the lives of our struggling Veterans better. Veterans helping veterans in removing short term barriers to long term success.

Ruling year info

2019

Founder

Neil Blitstein

Co-Founder

Joseph Mathis

Main address

105 ALPINE CT

RAINIER, WA 98576 USA

Show more contact info

EIN

83-1670836

Subject area info

Special population support

Population served info

Veterans

NTEE code info

Military/Veterans' Organizations (W30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

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

Tax forms

Show Forms 990

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

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?

Basic Home Repairs

Minor Home failures can have a drastic impact on struggling Veterans. When a furnace stops, plumbing needs attention or simply needs work done that VA won’t cover. We do what we can to help fill the gap.

Population(s) Served

Veterans

Child Care

The GI-Bill does not pay for child care while the Veteran works through treatment. If the Veterans spouse needs to work, what do they do with the children? They look to us for help. We can help setup or pay for child care to relieve some of the stress to the Veteran.

Population(s) Served

Veterans

Appliance Replacement

While a Veteran is waiting for a determination from the VA, the Veteran still has to face life. What does the Veteran do if they have a major appliance fail. They call us. We help replace the appliance so the Veteran doesn’t end up in a hole they can’t get out of.

Population(s) Served

Veterans

Minor transportation issues

Disabled Veterans have certain issues when it come to transportation. We can help get transportation for the Veteran whether that means fixing a car, getting a bus pass, arranging a ride or any number of issues that arise from transportation issues.

Population(s) Served

Veterans

Schooling Assistance

The GI-Bill will pay for most of the school expenses. But it won’t help pay for bills while the Veteran is in school. We do. We help pay some bills so the Veteran can concentrate on school.

Population(s) Served

Veterans

Health & Welfare Trips

These trips are important for Veterans and their families. They help the Veteran and family get to know each other again. They give the family the opportunity to be in a neutral environment which assists in the healing process. Veterans suffering from PTSD especially can benefit from these trips as they are designed for all fun and no stress.

Population(s) Served

Veterans

Outdoor Activities

Physical activities are great. They’re also great for Veterans to help them clear their head after returning home from a deployment. How does a team of Army Vets playing a team of Navy Vets in a game of basketball or baseball or even hockey sound? To a Veteran, this sounds like a chance to have fun.

Population(s) Served

Veterans

Where we work

External reviews

Financials

Veterans Independence Foundation

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020

SOURCE: IRS Form 990

0.06

Average of 0.04 over 3 years

Months of cash in 2020

SOURCE: IRS Form 990

0.3

Average of 0.9 over 3 years

Fringe rate in 2020

SOURCE: IRS Form 990

0%

Average of 0% over 3 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Veterans Independence Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$0
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$0

Expenses
Program Services	$96
Administration	$1,904
Fundraising	$162
Total Expenses	$2,162
Net Gain/Loss	($2,162)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$69
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$3,047
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$3,047

Expenses
Program Services	$659
Administration	$141
Fundraising	$888
Total Expenses	$1,688
Net Gain/Loss	$1,359

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$23,037
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$23,037

Expenses
Program Services	$19,991
Administration	$5,819
Fundraising	$8,120
Total Expenses	$33,930
Net Gain/Loss	($10,893)

Functional expenses
Accounting Fees	$150
Advertising & Promotion	$4,616
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Veterans Independence Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$0
Cash & Equivalents	$0	$0	$0
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$0	$0	$0

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$2,162	$2,162
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$2,162	$2,162

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	($2,162)	($2,162)
Net Assets	$0	($2,162)	($2,162)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$3,047
Cash & Equivalents	$0	$342	$342
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$6,280	$6,280
Total Assets	$0	$6,622	$6,622

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$2,162	$7,425	$5,263
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$2,162	$7,425	$5,263

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($2,162)	($803)	$1,359
Net Assets	($2,162)	($803)	$1,359

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$23,037
Cash & Equivalents	$342	$741	$399
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$6,280	$0	($6,280)
Total Assets	$6,622	$741	($5,881)

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$7,425	$12,437	$5,012
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$7,425	$12,437	$5,012

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($803)	($11,696)	($10,893)
Net Assets	($803)	($11,696)	($10,893)

Veterans Independence Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Veterans Independence Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020
Unrestricted surplus (deficit) before depreciation	-$2,162	$1,359	-$10,893
As % of expenses	-100.0%	80.5%	-32.1%
Unrestricted surplus (deficit) after depreciation	-$2,162	$1,359	-$10,893
As % of expenses	-100.0%	80.5%	-32.1%

Revenue composition
Total revenue (unrestricted & restricted)	$0	$3,047	$23,037
Total revenue, % change over prior year	0.0%	0.0%	656.1%
Program services revenue	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%
All other grants and contributions	0.0%	100.0%	100.0%
Other revenue	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$2,162	$1,688	$33,930
Total expenses, % change over prior year	0.0%	-21.9%	1910.1%
Personnel	0.0%	0.0%	0.0%
Professional fees	0.0%	0.0%	0.4%
Occupancy	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%
All other expenses	100.0%	100.0%	99.6%

Full cost components (estimated)	2018	2019	2020
Total expenses (after depreciation)	$2,162	$1,688	$33,930
One month of savings	$180	$141	$2,828
Debt principal payment	$0	$0	$0
Fixed asset additions	$0	$0	$0
Total full costs (estimated)	$2,342	$1,829	$36,758

Capital structure indicators

Liquidity	2018	2019	2020
Months of cash	0.0	2.4	0.3
Months of cash and investments	0.0	2.4	0.3
Months of estimated liquid unrestricted net assets	-12.0	-5.7	-4.1

Balance sheet composition	2018	2019	2020
Cash	$0	$342	$741
Investments	$0	$0	$0
Receivables	$0	$0	$0
Gross land, buildings, equipment (LBE)	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	0.0%	112.1%	1678.4%
Unrestricted net assets	-$2,162	-$803	-$11,696
Temporarily restricted net assets	$0	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A
Total restricted net assets	$0	$0	$0
Total net assets	-$2,162	-$803	-$11,696

Key data checks

Key data checks	2018	2019	2020
Material data errors	No	No	No

Operations

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

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Founder

Neil Blitstein

LinkedIn profile

Becoming disabled after serving in Iraq and Afghanistan, I found our family needed some help. I couldn't find the help I needed so I started Veterans Independence Foundation to help bridge the gap between applying for a VA disability rating and getting the rating. We help with short term, low dollar issues.

Co-Founder

Joseph Mathis

Number of employees

Source: IRS Form 990

Veterans Independence Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Veterans Independence Foundation

Board of directors
as of 04/21/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Neil Blitstein

Veterans Independence Foundation

Term: 2018 - 2024

Board co-chair

Joseph Mathis

Organizational demographics

SOURCE: Self-reported; last updated 4/21/2023

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:

Disability status

Person with a disability

The organization's co-leader identifies as:

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Veterans Independence Foundation

Veterans helping veterans in removing short term barriers to long term success

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Basic Home Repairs

Child Care

Appliance Replacement

Minor transportation issues

Schooling Assistance

Health & Welfare Trips

Outdoor Activities

Where we work

Our Sustainable Development Goals

Financials

Revenue vs. expenses: breakdown

Liquidity in 2020 info

0.06

Months of cash in 2020 info

0.3

Fringe rate in 2020 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Veterans Independence Foundation

Veterans Independence Foundation

Veterans Independence Foundation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Founder

Neil Blitstein

Co-Founder

Joseph Mathis

Number of employees

Veterans Independence Foundation

Compensation data

Veterans Independence Foundation

Board of directors data

Neil Blitstein

Joseph Mathis

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2020

Months of cash in 2020

Fringe rate in 2020

Funding sources

Assets & liabilities