Vets2Industry Foundation Inc
People First, Veterans and their Families Always!
Vets2Industry Foundation Inc
EIN: 84-3849037
Mission
We establish connections, share knowledge, and identify opportunities for veterans and their families.
Ruling year
2020
Principal Officer
Brian Arrington
Main address
343 Northridge Drive
Dallas, GA 30132 USA
EIN
84-3849037
Economic development
Population served
Military personnel
Veterans
Unemployed people
Self-employed people
Retired people
NTEE code
Economic Development (S30)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990-N.
Tax forms
Communication
Programs and results
What we aim to solve
Frustrated due to a lack of a single-site repository of information available, listing the 45K+ Veteran Service Organizations that exist for veterans and their families, the V2I team banded together and dedicated themselves to mentor, guide, coach, and support all Past, Present, and Future service-members and their families with a living website of FREE resources, organizations, veteran supporting companies, and benefits as they are discovered.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Vets2Industry is a FREE resource, that is made up of over 100 volunteers that provide Free services in three distinct pillars. The first is its well developed over 1K Free resource, services, benefits, and Scholarship online library that lists Free vetted resources for the military community and grows monthly as new resources are discovered, vetted, and curated. These resources include help such as career preparation, life services to include mental health, community engagement, Financial support, providing support to stave off homelessness, and provide knowledge, career opportunities, success, and most importantly Hope.
We provide also Free virtual networking events bringing recruiters, veteran service organizations, colleges and universities, and veteran and spouse owned businesses to meet with current service members, transitioning service members, veterans, and milspouses. These events are monthly with 350-500 in attendance on zoom. We also put on Free webinars on tons of topics.
Where we work
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of competition winners declared
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Context - describing the issue we work on
Direction of Success
Increasing
Context Notes
Vetty Award Winner 2022 Fiserv and IVMF pitch competition winner of $10,000
Number of accolades/recognition received from third-party organizations
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Context - describing the issue we work on
Direction of Success
Increasing
Context Notes
Vetty's Award winner LinkedIn acknowledgement that we are the fastest growing Veteran nonprofit on Linkedin.
Average number of service recipients per month
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Context - describing the issue we work on
Direction of Success
Increasing
Number of diversity training courses conducted
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Context - describing the issue we work on
Direction of Success
Increasing
Number of participants attending course/session/workshop
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of financial literacy courses conducted
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Number of press articles published
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Other - describing something else
Direction of Success
Increasing
Number of attendees present at rallies/events
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of free registrants to classes
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of rallies/events/conferences/lectures held to further mission
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of unique website visitors
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of volunteers
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Other - describing something else
Direction of Success
Increasing
Number of organizational partners
This metric is no longer tracked.Totals By Year
Related Program
VETS2INDUSTRY Free Resource Library, networking events, and webinars
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
To become the most comprehensive information library of free resources for the veteran community, spouses, and families
What are the organization's key strategies for making this happen?
Our Key Activities are:
1. Virtual library maintenance and updates
of benefits, resources, industry information,
services, companies, media podcasts/articles.
2. Social media engagement, coaching,
connecting/linking service-members/families
with career opportunities/resources.
3. National event attendance/booths.
4.Virtual Networking Events and Webinars
What are the organization's capabilities for doing this?
As of Jan ‘22, (103) volunteers make up the V2I organization.
Leadership includes (8) Board members, (1) President, (1) Secretary, (1) Treasurer
- Support Staff: (103) Volunteers divided into multiple sections: Human Resources, Research, Operations, Logistics, Marketing & Events, Business Development, IT, Data Analytics, Compliance, Military Spouses and Families
What have they accomplished so far and what's next?
We have amassed over 1K free resources, services, benefits, and over 300 scholarships on the virtual resource library. We update the website with more free resources as we discover them or receive them from the community, curate them, and vet them. We have seen over 156,000 unique visitors come to the Vets2Industry.org website during 178,000 web sessions showing that people keep coming back to find more resources and support, and those individuals have seen over 400,000 pages on our website. We have provided 63 virtual networking events and webinars in the span of 2 and a half years as of this entry (Jan '23) connecting transitioning service members, veterans, military spouses, Gold Star Family members, and caregivers from all over the globe to recruiters, veteran service organizations, and colleges and universities nationwide (U.S.). We won the 2022 Vetty award for our work in the military community. As well, we have become a trusted brand in the military space which has enabled us to make partnerships with some of the most well known veteran and milspouse nonprofits, as well as land annual sponsorships from companies like Spectrum and BGIS.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
2.54
Months of cash in 2022 info
6.7
Fringe rate in 2022 info
13%
Funding sources info
Assets & liabilities info
Financial data
Vets2Industry Foundation Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
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: Jan 01 - Dec 31
This snapshot of Vets2Industry Foundation Inc’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
Business model indicators
| Profitability info | 2022 |
|---|---|
| Unrestricted surplus (deficit) before depreciation | $22,730 |
| As % of expenses | 34.1% |
| Unrestricted surplus (deficit) after depreciation | $22,730 |
| As % of expenses | 34.1% |
| Revenue composition info | |
|---|---|
| Total revenue (unrestricted & restricted) | $89,458 |
| Total revenue, % change over prior year | 0.0% |
| Program services revenue | 0.0% |
| Membership dues | 0.0% |
| Investment income | 0.0% |
| Government grants | 0.0% |
| All other grants and contributions | 100.0% |
| Other revenue | 0.0% |
| Expense composition info | |
|---|---|
| Total expenses before depreciation | $66,728 |
| Total expenses, % change over prior year | 0.0% |
| Personnel | 20.0% |
| Professional fees | 13.3% |
| Occupancy | 0.0% |
| Interest | 0.0% |
| Pass-through | 0.0% |
| All other expenses | 66.6% |
| Full cost components (estimated) info | 2022 |
|---|---|
| Total expenses (after depreciation) | $66,728 |
| One month of savings | $5,561 |
| Debt principal payment | $0 |
| Fixed asset additions | $0 |
| Total full costs (estimated) | $72,289 |
Capital structure indicators
| Liquidity info | 2022 |
|---|---|
| Months of cash | 6.7 |
| Months of cash and investments | 6.7 |
| Months of estimated liquid unrestricted net assets | 4.1 |
| Balance sheet composition info | 2022 |
|---|---|
| Cash | $37,509 |
| Investments | $0 |
| Receivables | $0 |
| Gross land, buildings, equipment (LBE) | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% |
| Liabilities (as a % of assets) | 39.4% |
| Unrestricted net assets | $0 |
| Temporarily restricted net assets | N/A |
| Permanently restricted net assets | N/A |
| Total restricted net assets | $0 |
| Total net assets | $22,730 |
Key data checks
| Key data checks info | 2022 |
|---|---|
| Material data errors | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Brian Arrington
Number of employees
Source: IRS Form 990
Vets2Industry Foundation Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Vets2Industry Foundation Inc
Board of directorsas of 01/14/2023
Board of directors data
Brian Armstrong
VETS2INDUSTRY / Wells Fargo
Term: 2022 - 2024
Paul Lawrence
VETS2INDUSTRY
Ericka Kelly
VETS2INDUSTRY
Charles Butler
VETS2INDUSTRY
Millard Hall
VETS2INDUSTRY
Rocco Pierri
Vets2Industry
Board leadership practices
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 ? No -
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? No
Organizational demographics
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
Gender identity
Transgender Identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 12/28/2022GuideStar 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
- 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 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.
- 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.
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- Financial statements for 2022
- Letter of Determination
- Contractor and/or Paid Preparer data for 2022
- Board of Directors data for 2023
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