Vetgroup Inc.
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Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

Vetgroup Inc.

 
501(c)(3) organization
Donations are tax-deductible
map
103 N MAIN ST
Forked River NJ 08731-3629

Forked River NJ | IRS ruling year: 1990 | EIN: 22-2840165  
infoAn 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 ...
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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
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alert iconProceed 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.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 4 independent members
10 out of 10 points  plus
Material Diversion of Assets - None
10 out of 10 points  plus

Tax Form Disclosures and Policies

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

Website Disclosures

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

Financial Metrics

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

Additional Information

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