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Veteran Tickets Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Public, Society Benefit — Multipurpose and Other / Military, Veterans' Organizations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$229M (2023)

Expenses
$228M (2023)

Total Assets
$7.45M (2023)

Total Liabilities
$35.6k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$228,709,698
Expenses
$228,063,150
Net Income
$646,548
Net Assets
$7,409,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $213,050,157
93.2%
Program Services $15,659,541
6.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $880,354
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,445,214
Total Liabilities $35,605
Net Assets $7,409,609
Compensation
Key Employees and Officers Compensation Related Other
Edward Rausch (Chairman & Coo) $296,000 $0 $0
Floyd Hogan 111 (Director) $296,000 $0 $0
Michael A Focareto 111 (Ceo/Cfo) $288,354 $0 $0
Cynthia Creed (Treasurer/Secretary) $16,840 $0 $0
Chris Blindheim (Director) $0 $0 $0
Dwayne Somers (Director) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$171,576,223
Expenses
$168,227,690
Net Income
$3,348,533
Net Assets
$6,763,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,162,200
93.3%
Program Services $11,414,023
6.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $852,063
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,803,597
1.1%
Assets/Debt
Total Assets $6,785,734
Total Liabilities $22,673
Net Assets $6,763,061
Compensation
Key Employees and Officers Compensation Related Other
Michael A Focareto 111 (Ceo/Cfo) $284,021 $0 $0
Edward Rausch (Chairman & Coo) $284,021 $0 $0
Floyd Hogan 111 (Director) $284,021 $0 $0
Cynthia Creed (Treasurer/Secretary) $13,222 $0 $0
Chris Blindheim (Director) $0 $0 $0
Dwayne Somers (Director) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,156,514
Expenses
$66,879,455
Net Income
$3,277,059
Net Assets
$3,414,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $64,741,122
92.3%
Program Services $5,415,392
7.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $573,216
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,183,859
1.8%
Assets/Debt
Total Assets $3,473,043
Total Liabilities $58,515
Net Assets $3,414,528
Compensation
Key Employees and Officers Compensation Related Other
Floyd J Hogan Iii (Director) $191,720 $0 $0
Michael A Focareto Iii (President & Ceo) $191,700 $0 $0
Edward E Rausch (Chairman & Coo) $189,860 $0 $0
Cynthia Creed (Treasurer) $35,867 $0 $0
Dwayne Somers (Director) $0 $0 $0
Chris Blindheim (Director) $0 $0 $0
Michael A Focareto Jr (Secretary) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis J Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,996,284
Expenses
$23,556,468
Net Income
-$1,560,184
Net Assets
$137,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,761,175
89.8%
Program Services $2,235,109
10.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $735,605
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,552,338
6.6%
Assets/Debt
Total Assets $666,761
Total Liabilities $529,293
Net Assets $137,468
Compensation
Key Employees and Officers Compensation Related Other
Michael A Focareto Iii (President & Ceo) $221,368 $0 $0
Edward E Rausch (Chairman & Coo) $219,992 $0 $0
Floyd J Hogan Iii (Director) $216,280 $0 $0
Cynthia Creed (Treasurer) $211,155 $0 $0
Dwayne Somers (Director) $0 $0 $0
Chris Blindheim (Director) $0 $0 $0
Michael A Focareto Jr (Secretary) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis J Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$131,362,678
Expenses
$130,899,745
Net Income
$462,933
Net Assets
$1,697,652
Notable Sources of Revenue Percent of Total Revenue
Contributions $122,256,089
93.1%
Program Services $9,106,589
6.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,183,034
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,535,261
1.2%
Assets/Debt
Total Assets $2,171,465
Total Liabilities $473,813
Net Assets $1,697,652

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$91,352,724
Expenses
$91,480,757
Net Income
-$128,033
Net Assets
$1,234,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,367,924
93.4%
Program Services $6,002,961
6.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$18,161
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,080,578
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $930,072
1.0%
Assets/Debt
Total Assets $1,278,015
Total Liabilities $43,296
Net Assets $1,234,719

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,187,167
Expenses
$50,757,192
Net Income
$429,975
Net Assets
$1,362,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $47,504,228
92.8%
Program Services $3,682,939
7.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,015,500
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $527,833
1.0%
Assets/Debt
Total Assets $1,665,879
Total Liabilities $303,127
Net Assets $1,362,752
Compensation
Key Employees and Officers Compensation Related Other
Michael A Focareto Iii (President & Ceo) $257,750 $0 $38,663
Cynthia Creed (Vp & Cfo) $257,750 $0 $38,663
Edward E Rausch (Chairman & Coo) $250,000 $0 $37,500
Floyd J Hogan Iii (Director) $250,000 $0 $37,500
Dwayne Somers (Director) $0 $0 $0
Chris Blindheim (Director) $0 $0 $0
Michael A Focareto Jr (Secretary) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis J Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,871,028
Expenses
$28,454,208
Net Income
$416,820
Net Assets
$932,777
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,555,547
92.0%
Program Services $2,315,481
8.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $341,680
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $357,552
1.3%
Assets/Debt
Total Assets $1,010,111
Total Liabilities $77,334
Net Assets $932,777
Compensation
Key Employees and Officers Compensation Related Other
Michael A Focareto Iii (President & Ceo) $97,000 $0 $0
Edward E Rausch (Chairman & Coo) $90,000 $0 $0
Floyd J Hogan Iii (Director) $90,000 $0 $0
Cynthia Creed (Vp & Cfo) $64,680 $0 $0
Dwayne Somers (Director) $0 $0 $0
Chris Blindheim (Director) $0 $0 $0
Michael A Focareto Jr (Secretary) $0 $0 $0
Roger A Grad (Director) $0 $0 $0
Travis J Leach (Director) $0 $0 $0
Jessica Berry (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,813,435
Expenses
$18,441,416
Net Income
$372,019
Net Assets
$515,957
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,328,538
92.1%
Program Services $1,484,897
7.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $182,467
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $167,579
0.9%
Assets/Debt
Total Assets $555,332
Total Liabilities $39,375
Net Assets $515,957

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,348,381
Expenses
$14,312,199
Net Income
$36,182
Net Assets
$143,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,739,255
95.8%
Program Services $609,126
4.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $147,620
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $122,481
0.9%
Assets/Debt
Total Assets $167,627
Total Liabilities $23,689
Net Assets $143,938

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,328,236
Expenses
$11,236,949
Net Income
$91,287
Net Assets
$107,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,792,089
95.3%
Program Services $536,147
4.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $73,980
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $96,017
0.9%
Assets/Debt
Total Assets $111,413
Total Liabilities $3,657
Net Assets $107,756

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,188,182
Expenses
$11,205,602
Net Income
-$17,420
Net Assets
$16,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,188,182
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $42,645
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $34,926
0.3%
Assets/Debt
Total Assets $19,860
Total Liabilities $3,391
Net Assets $16,469

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,876,121
Expenses
$5,873,815
Net Income
$2,306
Net Assets
$33,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,876,121
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $23,850
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,421
Total Liabilities $15,532
Net Assets $33,889

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,152,965
Expenses
$3,130,444
Net Income
$22,521
Net Assets
$31,583
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,152,965
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,583
Total Liabilities $0
Net Assets $31,583

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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