Skip to content
Nonprofiteer
← VETSINTECH

Form 990 for tax year 2024

Filed by VETSINTECH.

Totals

Total revenue
$2,845,389
Total expenses
$2,312,623
Contributions and grants received
$2,912,309
Grants paid
$0
Program service revenue
$0
Investment income
$2
Other revenue
-$66,922
Total assets, end of year
$4,046,190
Total liabilities, end of year
$638,307
Net assets or fund balances, end of year
$3,407,883
Program services expenses (Part IX)
$1,985,786
Management and general expenses
$271,575
Fundraising expenses
$55,262
Program service expenses (Part III)
$1,985,786

Program services were 85.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $140,908

  • 1f · All other contributions, gifts and grants

    $2,771,401

  • 3 · Investment income

    total $2 · excluded $2

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $140,908

  • 8b · Fundraising events: direct expenses

    $66,922

  • 8c · Net income from fundraising events

    total -$66,922 · excluded -$66,922

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $544,520 · program services $508,117 · management and general $6,121 · fundraising $30,282

  • 7 · Other salaries and wages

    total $322,054 · program services $300,523 · management and general $3,621 · fundraising $17,910

  • 8 · Pension plan contributions

    total $29,831 · management and general $29,831

  • 9 · Other employee benefits

    total $40,680 · management and general $40,680

  • 10 · Payroll taxes

    total $57,991 · management and general $57,991

  • 11b · Fees: legal

    total $63,944 · program services $60,744 · management and general $3,200

  • 11c · Fees: accounting

    total $50,182 · management and general $50,182

  • 11g · Fees: other

    total $304,226 · program services $304,226

  • 12 · Advertising and promotion

    total $62,630 · program services $55,560 · fundraising $7,070

  • 14 · Information technology

    total $999 · program services $999

  • 16 · Occupancy

    total $3,763 · management and general $3,763

  • 17 · Travel

    total $200,804 · program services $200,804

  • 23 · Insurance

    total $6,473 · management and general $6,473

  • 24a · Other expenses: SCHOLARSHIP, COURSE, TR

    total $342,605 · program services $342,605

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $104,678 · program services $104,678

  • 24c · Other expenses: FUNDRAISING EXPENSES

    total $53,991 · program services $53,991

  • 24d · Other expenses: PAYROLL PROCESSING FEES

    total $24,852 · management and general $24,852

  • 24e · All other expenses

    total $98,400 · program services $53,539 · management and general $44,861

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,517,598 · end of year $3,420,153

  • 2 · Savings and temporary cash investments

    beginning of year $16,539 · end of year $18,341

  • 4 · Accounts receivable

    beginning of year $277,526 · end of year $73,838

  • 9 · Prepaid expenses and deferred charges

    beginning of year $48,321 · end of year $32,703

  • 12 · Investments: other securities

    end of year $501,155

  • 17 · Accounts payable and accrued expenses

    beginning of year $149,022 · end of year $138,307

  • 19 · Deferred revenue

    beginning of year $700,000 · end of year $500,000

  • 27 · Net assets without donor restrictions

    beginning of year $3,010,962 · end of year $3,407,883

Mission and programs · 2024

Mission

VETSINTECH SUPPORTS VETERANS AND MILITARY SPOUSES THROUGH RE-INTEGRATION SERVICES AND BY CONNECTING THEM TO THE NATIONAL TECHNOLOGY ECOSYSTEM. VETSINTECH CREATES OPPORTUNITIES FOR VETERANS THROUGH PROGRAMS IN THREE PILLARS: EDUCATION, EMPLOYMENT, AND ENTREPRENEURSHIP.

Activities or mission (Part I)

VETSINTECH SUPPORTS MILITARY VETERANS THROUGH RE-INTEGRATION SERVICES AND BY CONNECTING THEM TO THE NATIONAL TECHNOLOGY ECOSYSTEM.

  • EDUCATION: VETSINTECH (VIT) EDUCATION PROGRAMS CONNECT TRANSITIONING VETERANS TO TRAINING AND FOLLOW-ON EMPLOYMENT OPPORTUNITIES. OVER 250K SERVICE MEMBERS LEAVE THE MILITARY ANNUALLY ACCORDING TO THE DOD. VIT EDUCATION PROGRAMS FOCUS ON CYBERSECURITY, WEB DEVELOPMENT AND SALESFORCE ADMINISTRATION. WITH IN-PERSON PROGRAMS AND SOME ONLINE STUDY, VIT DETERMINES MARKET NEEDS AND ASSISTS VETERANS IN GAINING THE SKILLS REQUIRED TO BE COMPETITIVE IN THE TECH ECOSYSTEM. VIT PARTNERS WITH TECH FIRMS, FINANCIAL COMPANIES AND NONPROFIT FOUNDATIONS TO CREATE TRAINING AND EDUCATION OPPORTUNITIES. STUDENTS EARN CERTIFICATES UPON COMPLETION OF COURSES AFTER WHICH THEY ARE INTRODUCED TO COMPANIES SEEKING THOSE SPECIFIC SKILL SETS.

    Expenses $983,850

  • EMPLOYMENT: EMPLOYMENT PROGRAMS INCLUDE RESUME WRITING, SELF-MARKETING, AND INTERVIEW SKILLS. FIRMS IN THE VIT EMPLOYER COALITION SEND RECRUITERS AND HIRING MANAGERS TO EVENTS TO EVALUATE AND RECRUIT VETERANS. VIT CREATES THE ENVIRONMENT WHERE IN-PERSON INTERVIEWS AND REVIEWS OF RESUMES TAKE PLACE, BYPASSING ELECTRONIC SORTING AND FILTERING. MILITARY EXPERIENCE IS PROPERLY CONSIDERED DURING THE INTERVIEW AND HIRING PROCESSES. VIT ORGANIZES EMPLOYER MEETUPS, NETWORKING EVENTS, AND INFORMAL GATHERINGS THAT GRANT VETERANS PREMIUM ACCESS TO EMPLOYERS DURING THEIR JOB SEARCH. VETERANS GET DIRECT FEEDBACK AND HIRING MANAGERS FIND THE BEST/MOST QUALIFIED JOB CANDIDATES. A NEW ONLINE MENTORSHIP PROGRAM WAS ALSO LAUNCHED IN 2017, FURTHER ENABLING VETERANS TO SHARE EXPERTISE AND EXPERIENCE. AN ADDITIONAL FOCUS WAS ADDED IN 2019 FOR WOMEN AND MILITARY SPOUSES.

    Expenses $455,682

  • ENTREPRENEURSHIP: FOR VETERANS WHO ASPIRE TO START THEIR OWN BUSINESS, VIT SPONSORS PROGRAMS LIKE HACKATHONS, PITCH EVENTS, DISCUSSIONS WITH PROMINENT TECH LEADERS, AND REPRESENTATIVES OF THE VENTURE CAPITAL COMMUNITY. PROGRAMS ON THE ENTREPRENEURSHIP TRACK INCLUDE SEMINARS ON DESIGN THINKING, BUSINESS LAW BASICS, LEAN STARTUP, PRODUCT DESIGN AND BUSINESS STRATEGY. ENTREPRENEUR BOOTCAMPS ADDRESS ALL FACETS OF BUILDING A COMPANY AND SUPPORT OTHER VIT COURSES THAT CONVEY CRITICAL ASPECTS OF STARTUPS, I.E. FINANCING AND PITCHING TO INVESTORS. ENTREPRENEURS WHO COMPLETED VIT PROGRAMS HAVE BEEN RECOGNIZED NATIONALLY FOR NEW INVENTIONS AND PRODUCTS.

    Expenses $546,254

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Katherine Webster

    FOUNDER / PRESIDENT

    Total calculated
    $324,521
    From this org
    $324,521
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $324,521
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $324,521

  • Mike McNerney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Craig Newmark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Tom Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Stephen D Mayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Ikram Mansori

    CHIEF OPERATING OFFICER

    Total calculated
    $220,000
    From this org
    $220,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $220,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $220,000

  • Johanna Tillman

    PROGRAM MANAGER

    Total calculated
    $135,217
    From this org
    $135,217
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513219349327006

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.