Srq Vets Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The organization mobilizes the Sarasota County and Manatee County community to provide responsive assistance to local veterans facing critical and unexpected needs through transportation assistance, minor home modifications and utility and bill payment help.
- Income
- $220,690
- Spending
- $188,389
- Spent on programs
- 84%
- Reserves
- 6.8 months of spending
- Largest source of income
- donations and private grants, 72%
- Employees
- 1
- Volunteers
- 30
- Highest pay
- $72,000, president
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
Strong: 93 out of 100. Higher than 65% of charities in its peer group (mutual benefit, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 0 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
Fair: 59 out of 100. Higher than 35% of charities in its peer group (mutual benefit, under $250k).
Independent board
25 of 258 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports 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 (3)
- $71,766 spent. SRQ VETS provides emergency and general financial assistance to local veterans experiencing critical or unexpected needs. Assistance may include payments for utilities, vehicle loans, automobile insurance, and other essential expenses. The organization may also provide gift cards for fuel and groceries when needed. This support is intended to stabilize veterans and their families, prevent further hardship, and allow them to focus on their long-term well-being and self-sufficiency
- $46,823 spent. SRQ VETS provides transportation assistance to local veterans through vehicle donations and vehicle repair support. Donated vehicles are inspected by local repair shops, and SRQ VETS pays for the repairs necessary to make the vehicles safe and reliable. Once completed, the vehicles are donated to eligible veterans, with SRQ VETS also covering applicable registration, title, and license plate fees. The organization also assists veterans who already own vehicles by obtaining repair estimates from local service providers and paying for approved repairs needed to restore safe and dependable transportation.
- $40,491 spent. SRQ VETS provides minor home modifications that improve safety, accessibility, and independence for local veterans and surviving spouses of veterans. Projects may include constructing mobility ramps and exterior stairs, installing grab bars, and completing other accessibility-related modifications. Using donated funds, materials, and volunteer labor, SRQ VETS helps individuals safely enter, exit, and remain in their homes while maintaining greater independence and quality of life.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.