Veterans Caucus INC FY2020 filing

San Antonio, TX · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$34K
Spent
$49K
To programs
86%
Net assets
$74K
By yearFY2020–FY2025
Revenue
$34K
FY2020
Revenue by fiscal year
FY2020$34K
FY2022$53K
FY2023$135K
FY2024$217K
FY2025$179K
Expenses
$49K
FY2020
Expenses by fiscal year
FY2020$49K
FY2022$46K
FY2023$138K
FY2024$235K
FY2025$100K
Net assets
$74K
FY2020
Net assets by fiscal year
FY2020$74K
FY2022$71K
FY2023$68K
FY2024$50K
FY2025$129K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CVeterans Caucus INC
EINHdr · item D54-1422270
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2017
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSan Antonio, TX
NTEE classificationIRS BMFEducation (B82)
WebsiteHdr · item Jwww.veteranscaucus.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$42K
Management & general14%$7K
Total functional expensesLn 25$49K

Financial health

Is it on solid ground?

Program efficiency
86%
of spending reaches programs
Operating runway
18.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-41%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$74K
FY2020
Total assets by fiscal year
FY2020$74K
FY2022$71K
FY2023$68K
FY2024$50K
FY2025$129K
Total liabilities
$0
FY2020
Total liabilities by fiscal year
FY2020$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$74K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$74K
Total assetsLn 16$74K
Total liabilitiesLn 26$0
Total net assetsLn 32$74K
Months of cash on handcomputed18.2

Statement of Revenue

Part VIII
Program service revenue$20K · 59%
Other revenue$10K · 29%
Contributions & grants$4K · 12%
Program service revenue59%$20K
Other revenue29%$10K
Contributions & grants12%$4K
Investment income$23
Total revenueLn 12$34K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $74K · Operating expenses/yr $49K
18.2 months
Where the money goes
Program services
Program services $42K · Total expenses $49K
86%
Management & General
Management & general $7K · Total expenses $49K
14%
Fundraising
Fundraising $0 · Total expenses $49K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $4K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $34K
12%
Government reliance
Government grants — · Total revenue $34K
—
Earned-income share
Program service revenue $20K · Total revenue $34K
59%
Investment reliance
Investment income $23 · Total revenue $34K
+0.07%
Program self-sufficiency
Program service revenue $20K · Total expenses $49K
42%
Growth & trend
Revenue growth (YoY)
This year $34K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $74K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $34K · Expenses $49K
-41%
Liabilities-to-Assets
Total liabilities — · Total assets $74K
—
Net-asset ratio
Net assets $74K · Total assets $74K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $74K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rodney Grogan · Reported title PAST PRESIDE · Highest reported compensation $0 · Total expenses $49K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $49K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%——
Overhead ratio 14%——
Fundraising cost ratio 0%——
Accounting fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director at
$0Pt VII · Sec A
Director at
$0Pt VII · Sec A
See Veterans Caucus INC executive salaries →

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Governance & Policies

Part VI
  • 12Voting board membersPt VI · Ln 1a
  • 12Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports military physician assistants and advances veteran education in the profession.

Provided by the organization

This section is blank until Veterans Caucus INC claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $42K of program spending, described in the organization's own filed words · FY2020.
01

Veterans caucus, inc. Awarded 32,000 in scholarships in 2020.

$32Kprogram expense
02

Veterans caucus, inc. Was organized exclusively to identify and recognize those physician assistants and other healthcare providers who have served in uniformed and federal services. The organization has approximately 313 members.

$10Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$53
Grants paid · 1 grant · $13K · 2025–2025
Unitemized GrantFY2025$13,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $179K$100K-18% 990 PDF
FY2024 $217K$235K+61% 990 PDF
FY2023 $135K$138K+154% 990 PDF
FY2022 $53K$46K+54% 990 PDF
FY2021 Not on file
FY2020 Viewing $34K$49K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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