Vets Veterans Exploring Treatment Solutions Inc

Organization Overview

Vets Veterans Exploring Treatment Solutions Inc is located in Southlake, TX. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Vets Veterans Exploring Treatment Solutions Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vets Veterans Exploring Treatment Solutions Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Vets Veterans Exploring Treatment Solutions Inc generated $5.2m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 140.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VETS PROVIDES RESOURCES, RESEARCH, AND ADVOCACY FOR U.S. MILITARY VETERANS SEEKING TREATMENT WITH PSYCHEDELIC-ASSISTED THERAPIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES GRANT FUNDING (RESOURCES) TO INDIVIDUAL VETERANS SEEKING PSYCHEDELIC-ASSISTED THERAPIES IN COUNTRIES WHERE THEY ARE LEGAL OR UNREGULATED, TRACKS OUTCOMES TO PUT INTO DEDICATED SCIENTIFIC RESEARCH, IN ORDER TO ADVOCATE FOR THE REMARKABLE EFFICACY OF THESE THERAPIES IN ORDER TO CHANGE THE LANDSCAPE OF VETERAN HEALTHCARE.


RESEARCH - PROVIDE FUNDING AND SUPPORT FOR RESEARCH INTO PSYCHEDELIC-ASSISTED THERAPIES. THIS INCLUDES FUNDING DIRECT RESEARCH COSTS, GRANTS FOR PARTICIPANTS, AND OTHER RELATED COSTS.


ADVOCACY - ENGAGEMENT AND SUPPORT OF LEGISLATION AT THE STATE AND FEDERAL LEVEL THAT WILL LEAD TO EXPANDED ACCESS TO PSYCHEDELIC-ASSISTED THERAPIES.


ALL OTHER - ANY OTHER ACTIVITIES THAT ARE RELATED TO THE VETS MISSION BUT NOT DIRECTLY COVERED UNDER THE THREE MAIN PROGRAM PILLARS.


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Board, Officers & Key Employees

Name (title)Compensation
Amber Capone
Co-Founder & Executive Dir
$120,000
Suzanne Vogel
Secretary (until May 2021)
$59,654
Marcus Capone
Chairman
$0
Jarred Taylor
Treasurer
$0
Sara Wilkinson
Secretary
$0
Nick Norris
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$498,959
Related organizations$0
Government grants $18,500
All other contributions, gifts, grants, and similar amounts not included above$4,881,238
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,398,697
Total Program Service Revenue$0
Investment income $1
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$189,506
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,209,192

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Vets Veterans Exploring Treatment Solutions Inc has recieved totaling $311,749.

Awarding OrganizationAmount
Special Operation Care Fund Inc

Atlanta, GA

PURPOSE: PTS TREATMENT

$255,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$13,120
St Louis Community Foundation Incorporated

St Louis, MO

PURPOSE: VETERANS AND MILITARY

$11,220
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$11,000
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$8,588
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$7,655
View Grant Recipient Profile

Endowment Analysis

Net Contributions$3,474,119
Ending Balance$3,474,119

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