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Passes our checks

V3gate Foundation

EIN 86-1698508 · Colorado Spgs, CO

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

LegitimacyPassesRegistration and standingFinancial healthFair60 out of 100GovernanceWeak44 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 56 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

V3GATE FOUNDATION'S PRIMARY MISSION IS PROVIDING FUNDS TO PAY FOR TREATMENT AND OTHER MEDICAL EXPENSES INCURRED BY WAR VERTERANS AND THE FAMILY MEMBERS OF WAR VETERANS WHO ARE DEALING WITH MENTAL HEALTH ISSUES AND RELATED HEALTH PROBLEMS. PROVIDE RESEARCH, ADVOCACY SUPPORT AND OTHER SERVICES AND RESOURCES TO ADDRESS THE CAUSES AND TREATMENT OF MENTAL HEALTH ISSUES AND RELATED HEALTH PROBLEMS FACED BY WAR VETERANS. PROVIDE FINANCIAL AND OTHER AID FOR WAR VETERANS AND FAMILY MEMBERS OF WAR VETERANS WHO ARE IMPACTED BY MENTAL HEALTH ISSUES AND RELATED HEALTH PROBLEMS. SUPPORT OTHER ORGANIZATIONS, PROJECTS, AND INITIATIVES THAT ARE ORGANIZED AND OPERATED FOR SIMILAR PURPOSES.

Income
$180,574
Spending
$163,954
Spent on programs
60%
Reserves
5.4 months of spending
Largest source of income
donations and private grants, 62%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 60 out of 100. Higher than 42% of charities in its peer group (mental health, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.4 months of spending.

  • Debt

    10 of 20

    It owes 33% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 9% of income.

  • Income trend

    15 of 15

    Income rose 4% on the year before.

  • Spending floor

    0 of 15

    60% of spending went to programs and raising each dollar of donations cost 56 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 44 out of 100. Higher than 21% of charities in its peer group (mental health, under $250k).

  • Independent board

    5 of 25

    0 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • 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, 2024, 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. $98,356 spent. DURING THE YEAR, V3 GATE FOUNDATION RAISED FUNDS BY SPONSORING EVENTS TO DONATE TO OTHER CHARITABLE ORGANIZATIONS THAT SUPPORT OUR US MILITARY COMMUNITY AND THEIR FAMILIES. SIGNIFICANT GRANTS WERE GIVEN TO THE FOLLOWING ORGANIZATIONS INCLUDING: OPERATION FIRST RESPONSE, COMEBACK YOGA, AND GUARDIAN REVIVAL.

Source: Form 990 for the year ending December 31, 2024, 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 September 7, 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 September 30, 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 September 10, 2026.

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

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

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

    Recognized by the IRS since September 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.