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Veterans Trust

EIN 46-4677773 · Ft Lauderdale, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceGood76 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE VETERANS TRUST IS A 501(C)3 THAT WORKS TO IMPROVE THE LIVES OF ACTIVE- DUTY MILITARY MEMBERS, MILITARY VETERANS, AND FIRST RESPONDERS THROUGH MOTORSPORTS-BASED PROGRAMS. THROUGH THE FLAGSHIP PROGRAM, RACE CAMP - A STRUCTURED MENTAL HEALTH, PERFORMANCE, AND RESILIENCE TRAINING INITIATIVE DEVELOPED IN PARTNERSHIP WITH NOVA SOUTHEASTERN UNIVERSITY'S (NSU) COLLEGE OF PSYCHOLOGY - TVT OPERATES A HIGH-FIDELITY RACE SIMULATOR-BASED TRAINING SITE THAT PROVIDES PARTICIPANTS WITH PSYCHOLOGICAL AND PHYSIOLOGICAL TRAINING. THE VETERANS TRUST ALSO OPERATES THE F1 SPECIAL OPERATIONS PROGRAM, AN INITIATIVE THAT ENGAGES VETERANS TO SUPPORT OPERATIONS FOR THE FORMULA ONE MIAMI GRAND PRIX AND THE FORMULA ONE LAS VEGAS GRAND PRIX. THESE EXPERIENCES PROVIDE CAMARADERIE, OPPORTUNITY, AND EMPLOYMENT FOR VETERANS AROUND THE COUNTRY.

Income
$101,882
Spending
$139,679
Spent on programs
61%
Reserves
5.2 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
20
Highest pay
$22,000, executive di

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 13% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.2 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 37% of income.

  • Income trend

    0 of 15

    Income fell 60% on the year before.

  • Spending floor

    8 of 15

    61% of spending went to programs and raising each dollar of donations cost 19 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 76 out of 100. Higher than 68% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    5 of 25

    2 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $85,118 spent. INITIATED AND LED BY VETERANS, THE VETERANS TRUST (TVT) IS COMMITTED TO IMPROVING THE LIVES OF VETERANS THROUGH PSYCHOLOGICAL TRAINING, WORKFORCE OPPORTUNITIES, AND A SENSE OF COMMUNITY. SINCE 2013, THE VETERANS TRUST HAS BEEN COMMITTED TO SERVING THE VETERAN COMMUNITY BY IMPROVING SELF- REGULATORY MECHANISMS AND PERFORMANCE ENHANCEMENT THROUGH MOTORSPORTS. THROUGH HIGHLY UNIQUE AND CURATED MOTORSPORT EXPERIENCES, WE GRANT SERVICE MEMBERS, VETERANS, AND FIRST RESPONDERS SPECIAL ACCESS TO TRACKS AND HIGH- PERFORMANCE VEHICLE RIDE-ALONGS. THE PROGRAM'S ULTIMATE GOAL IS FOR VETERANS TO PROACTIVELY ENHANCE THEIR OWN INNER PEACE, AND PRODUCTIVITY AND LEAD PURPOSEFUL LIVES.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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