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    Vetgroup Inc.
    Proceed with Caution
    Impact & Measurement
    Accountability & Finance
    Culture & Community
    Leadership & Adaptability

    Vetgroup Inc.

     
    Is this your nonprofit?
    501(c)(3) organization
    Donations are tax-deductible
    WWW.VETWORK.ORG
    103 N MAIN ST
    Forked River NJ 08731-3629

    Forked River NJ | IRS ruling year: 1990 | EIN: 22-2840165  
    An EIN is a unique nine-digit number that identifies a business for tax purposes.
     
    Organization Mission
    The Vetwork Program, now Vetwork, A Program of Vetgroup, Inc., is a not-for-profit 501(c)(3) organization and is governed by a volunteer Board of Directors. The miss ... (More)
     

    Rating Information

    rating
    Good

    This charity's score is 76%, earning it a Three-Star rating.

    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Historical Ratings
    Proceed with Caution—Alleged Embezzlement

    On September 25, 2020, nj.com reported on a material diversion of assets reported to have allegedly taken place at [CHARITY NAME] in an article titled, "Trio took extra payments, stole thousands from N.J. veterans nonprofit, authorities say." For more information regarding this matter, please see nj.com article.

    • On October 28, 2021, The Orange County Prosecutors Office published an article titled "FORMER EMPLOYEES OF LOCAL VETERANS ORGANIZATION INDICTED FOR THEFT." For more information, please see The Orange County Prosecutors Office article
    • On February 4, 2022, The Asbury Park Press published an article titled "'Still rebuilding trust': Lacey veterans charity comes back with good work after arrests." For more information, please see The Asbury Park Press article

    For more information about our alerts methodology, see here.

    Rating Report

    Accountability & Finance
    Score

    76

    Most Recent Fiscal Year:
    FY 2022
    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
    Learn more

    Key Accountability Metrics

    Full Credit
    Partial Credit
    No Credit
    Majority Independent Board Members - 100% independent members
    10 out of 10 points
    Independent Board Size - 4 independent members
    10 out of 10 points
    Material Diversion of Assets - None
    10 out of 10 points

    Tax Form Disclosures and Policies

    Full Credit
    Partial Credit
    No Credit
    Website Listed on Tax Form - Listed
    3 out of 3 points
    Conflict of Interest Policy - Missing
    0 out of 7 points
    Whistleblower Policy - Missing
    0 out of 7 points
    Document Retention and Destruction - Missing
    0 out of 7 points
    Documents Board Meeting Minutes - Yes
    3 out of 3 points

    Website Disclosures

    Full Credit
    Partial Credit
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing
    0 out of 3 points

    Financial Metrics

    Full Credit
    Partial Credit
    No Credit
    Liabilities to Assets: Ratio - 4.18%
    15 out of 15 points
    Program Expense: Ratio - 81.42%
    25 out of 25 points

    Additional Information

    Total Revenue and Expenses - Data Available
    Salary of Key Persons - Data Available
    IRS Published Data (Business Master File) - Data Available
    Data Sources (IRS Forms 990) - Data Available