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Registration 2010-02 (Veterans Support Organization) Receipt# 007101592 8/26/2010 10:31 :04 AM Dwight E. Brock Clerk of the Circuit Court (Q)VVD@'O(]]U [~@@@o~ij Customer RICHARD VAN HOUTEN THE VETERAN'S SUPPORT ORGANIZA TION/S. FL CHAPTER 4925 N UNIVERSITY DR LAUDERHILL, FL 33351- 4524 Deputy Clerk BMR CASHIER MinutesandRecords@CollierClerk.com 239-252-2646 Clerk Office Location Collier County Govt. Center Building F, 4th Floor 3301 Tamiami Trail East P.O. Box 413044 Naples, Florida 34101-3044 1 Product QUANTITY DESCRIPTION 1 BMR Solicitation of Contributions UNIT COST $5.00 TOTAL AMOUNT DUE: Check# 1022 BALANCE DUE: AMOUNT $5.00 $5.00 ($5.00) $0.00 Page 1 of 1 (QJ@OO!J@[f(QJO@[f[ko CG@[J[f[] ~ii~lier CLERK OF 1FiE~RCtvIT COURT D . ht E B k COLLIER COUNTY qOURTkouSE WIg . roc 3301 TAMIAMI1if\.IL EMT Clerk of Courts P.O. BOX 4l'@044 \. NAPLES, FLORIDA ~ 1 0 1-30)4 ~I ~ / Y Clerk of Courts Accountant Auditor Custodian of County Funds August 19, 2010 , Richard Van Houten Veterans Support Organization 4987 N University Dr Ste 21 Lauderhill Fl, 33351-4506 RE: Contribution Solicitation Dear Sir/Madam: You are hereby notified, that check number 2139 issued by you, to the Clerk of Courts, dated 5/3/10, in the face amount of $5.00, drawn upon Bank of America has been dishonored. Pursuant to Florida law, you have thirty (30) days, from the receipt of this notice, to tender payment of the full amount of the check plus a returned check fee of $25.00 or 5%, whichever is greater. The total amount due for this check is $30.00. Payment for this check must be made in guaranteed funds, i.e., cash, cashier's check or money order, and made payable to the Clerk of Courts. Please address all reimbursements to the Accounting Department. A self-addressed envelope is enclosed for your convenience. Please note on memo portion of check that this is payment for a returned check. R mond L. Milum, Jr. Clerk's Fiscal Operations Manager Cc: Board Minutes & Records - Receipt# 007097583 8/9/2010 3:09:50 PM Dwight E. Brock Clerk of the Circuit Court @vvncc~D([jD I ~~c~@C~H~)G Customer RICHARD VAN HOUTEN VETERANS SUPPORT ORGANIZATION, INC. 4987 N UNIVERSITY DR STE 21 LAUDERHILL, FL 33351-4506 Deputy Clerk Dianne M Etienne d ian ne. etienne@collierclerk.com 732-2734 Clerk Office Location Collier County Govt. Center Building LA, 2nd Floor 3301 Tamiami Trail East P.O. Box 413044 Naples, Florida 34101-3044 1 Product QUANTITY DESCRIPTION 1 BMR Solicitation of Contributions UNIT COST $5.00 TOTAL AMOUNT DUE: Check# 2139 Original Balance: Voided: Check# 2139 (NSF) BALANCE DUE: AMOUNT $5.00 $5.00 ($5.00) $0.00 $5.00 $5.00 ~@[} [} O@[f~[}@[f!ko @@[J[f(J Page 1 of 1 Dwight E. Brock Clerk of Courts Clerk of Courts Accountant Auditor Custodian of County Funds August 09, 2010 Veterans Support On!:anization Registration No. 2010-02 This organization has submitted all required documentation and financial statements in accordance with the Collier County Solicitation Ordinance, Ordinance No. 1976-57, as amended. This organization's registration is effective: August 09, 2010 through February 28, 2011. Registration statements and application, reports, and all other documents and information required to be filed under this Ordinance shall become public record in the office of the Clerk of Circuit Court, and shall be open to the general public for inspection at such time and under such conditions as the Board of County Commissioners may prescribe (Per Section 5: Information Filed to Become Public Records; Ordinance 1976-57). D~P1Jtj,;Clef ""':".'" ',:': ~ . < <", ~ ?r'" "i j~; ~~' Collie(~?l1~ty~e~ t6 the Board /. ,,,,' '";) . Minutes a11()d.~..~c'0raS Department www.collierclerk.com Phone (239) 252-2646 Website: www.collierclerk.com Fax (239) 252-2755 Email: collierclerk@collierclerk.com Receipt# 007097583 8/9/2010 3:09:50 PM Dwight E. Brock Clerk of the Circuit Court @aaD@D~D ~C~C~C~D~YJ Customer RICHARD VAN HOUTEN VETERANS SUPPORT ORGANIZATION, INC. 4987 N UNIVERSITY DR STE 21 LAUDERHILL, FL 33351- 4506 Deputy Clerk BMR CASHIER M inutesand Records@CollierClerk.com 239-252-2646 Clerk Office Location Collier County Govt. Center Building F, 4th Floor 3301 Tamiami Trail East P.O. Box 413044 Naples, Florida 34101-3044 1 Product QUANTITY DESCRIPTION 1 BMR Solicitation of Contributions UNIT COST $5.00 TOTAL AMOUNT DUE: Check# 2139 BALANCE DUE: AMOUNT $5.00 $5.00 ($5.00) $0.00 ({i;@uuD@rr({i;u@rr[)::ro @@[fiJ1J Page 1 of 1 Registration No.c:?DID - ~ COUNTY OF COLLIER, FLORIDA APPLICATION FOR LICENSE FOR:PUBLIC SOLICITATION OF CONTRIBUTIONS IN ACCORDANCE WITH ORDINANCE 76-57 1. (a) Name of public solicitor (PLEASE PRINT) 'J~\~j~ ';\)()~(.t ()(~~~U\-\~D0 (b) Purpose for which contributions are being solicited: fo "')\\ fivn(-t \0('14\ \ '0()f'rIE").~~~ ~ (\~~c\8 \.)tl-*~~~ (a) Principal Address: L.\~ ~.. \\..t\\-J~-'';'}\'''a ($ . \.~$..t\~:r'{\\\\ ~\. 1,13~\ . (b) Local Address: .s A tv'e 0-<) A Ro lit: 2. (c) If no office maintained, the name and addres~ o~~he person having custody of financial records: /~~~ 3. Names and addresses of county: ~e5;~1 of.CrQ. any chapters, branches or affiliates in this, loc~-\t>d .af Vtf~" AJ ~~; vPrs:-/.v dr tCl~:,1 F-L ')3'j\) 4. (a) Date public solicitor legally established: fen \ , ::1('y)\ . (b) Address at: that time: L\lcC\ \k )(U\l._:hC'~. ~)f, \UM\l..)\c)L \tt".. O:;2?S~~. (c) Means by which solicitations will be made: \r)t~ \ ?f(\CC {~ co.....\-O{ ~ '-" {O(:\C (d) If tax-exempt, state appropriate se<<1tion of Internal Revenue Code and Tax-Exempt Number: ~ \ ( c) t'~) N0(\ Di()~\ .. 0'2) - en \~'gL\ . 5. Names and addresses of officers, directors, trustees and principal salaried executive staff officers (Attach separate page if necessary): 'K$'~\\-(c\ $f\4..)\-$}\~~n (CeO') l )0\"\'(\ $AYf\\\\",('G, (t.~o) \\)~~\f\ \)..\~\\~ (\l-)omc.\ \..\{,~~l?1';) :\\\~i ~ '{ \~~~:{~ (Vlcw(\ \'I\e1't'\'b~,(5 ') . Cn\)~ $.. C\ \"b'\(\(l ("DO(.1.( t\ \i' f'1\"\"bt>6) 6. (a) Are you presently authorized by any governmental authority to solicit funds? \'':/ :, (b) If yes, state authority: \\2-."\ ~)\(C)(~ ..v VN>. (\fl()A..f\.rn~()-\ cS (c) Are you presently or have you ever been enjoined by any cour~~i\~~~ ~~ from soliciting funds? No. G \=. ~\O~,C\~. (d) If yes, state circumstances, inc uding case number and style: ~ 7. State all purposes for which contributions solicited shall be used: \ (;'f\~\\()<'\~ ('.0\\ ~ l'\-t"'c\ V, o\.J\Cle.... h~..f\r\.u~ ~fl ( \ 1 ~\ Eo 'i (~;(y"-: , C\~\\'^r\\ .~\'\-\ \\.\-\\\~\\\~ . <.: ~C\~ \ Mn{~~ ~ '{){Chhr\E"'/ $Cl\A.b.\X\~" WMcN:iw:2/8177 f\"5~'S~ \:of r.C\"f\e\~GU ~;;... 0 www.sunbiz.org - Department of State Page 1 of2 FLORIDA DEPARTMl'N r OF STATE ;t~ DI\ISIll:\ Of C OI{PUR \1'1(\\' 'f/h. , . ~~~~ ._, Home Contact Us E-Flling Services Document Searches Forms Help Pr!!yIQY$QnJ,,!$t N!!~t on List Return To List Entity Name Search No Events No Name History I Submit I Detail by Entity Name Foreign Non Profit Corporation THE VETERANS SUPPORT ORGANIZATION, INC. Filing Information Document Number F05000006670 FEI/EIN Number 050516084 Date Flied 11/14/2005 State RI Status ACTIVE Principal Address 4987 N, UNIVERSITY DRIVE LAUDERHILL FL 33351 Changed 01/08/2009 Mailing Address 469 WARWICK AVENUE WARWICK RI 02888 Changed 01/02/2008 Registered Agent Name & Address HOUTEN, RICHARD V 6051 NORTH WEST 22ND STREET MARGA TE FL 33063 US Name Changed: 02/12/2007 Address Changed: 02/12/2007 Officer/Director Detail Name & Address Title D KISBERT, SHERI 5 CHEYENNE COURT PALM COAST FL 32137 Tille D WELLS, JUSTIN E 2461 NORTH WEST 57TH TERRACE MARGA TE FL 33063 Title P VAN HOUTEN, RICHARD 6651 NORTH WEST 22ND STREET MARGA TE FL 33063 Tille T NAKOWICZ, JOHN 125 WATERMAN AVE WARWICK RI 02889 TilleD GIBSON, CHARLES H 12355 YORK HARBOR JACKSONVILLE FL 32225 http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inCL doc _ number=F0500000667... 5/512010 www.sunbiz.org - Department of State Page 2 of2 Annual Reports Report Year Filed Date 2008 01/02/2008 2009 01/08/2009 2010 01/04/2010 Document Images OJiQ4a01Q:- ANNUAlBJ::PORT [ OJJQ8/~QQ~::ANNUAL8EEORT [ Ql/0~/~OOIi::ANNJJ8LRI;EORI [ Q2112l200I.::...ANtiUAU3EE08.l [ 07/28/2006:: ANNUAL RI;E08I [ 11114/~QQQ:: ForeigONon:Profi! [ View image in. PDF format Viewjmage in PDF format View image in. PpF format View image in PDF format View image in PDF format View image in PDF format ] ] ] ] ] ] I Note: This is not official record. See documents if question or conflict. I Preyi9!,1$9Jl!.ist Ne~tQJL!.i$t Return To List Entity Name Search [ Submit I No Events No Name History I Horne I Contact us I Document: Searches I E-Fillng Services I Forms I Help I Copyright and Pr Ivacy Policies Copyright @ 2007 State of Florrda, Department of State, http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&in~ doc _ number=F0500000667... 5/5/2010 " !rETi.' -~ rJ ~ I J JI ~J '.,; P ~ 'Ji f r" I- f}, r 7 !- Y' r~ ! f MISSION STATEMENT Veterans Support Organization, a 501 (c) .3 tax-exempt non-profit organization fou ded in 2001, is a band of veterans and non-veterans whose focus is to support needy Unite States veterans in the local area. Donations collected provide funding for veterans' delinq ent utility bills, rent or mortgage; and provide housing assistance for homeless veterans. VS also provides monetary assistance to the local VA hospitals' Volunteer Services De ent for the support of various programs offered to veterans. VSO offers a work program for v terans and non-veterans striving to improve their own personal financial status while also help' g the needy veterans of the community. OUR VISION Veterans Support Organization's goal is to open a Safe house for veterans an their families, a place where they can find peace, comfort and security- a temporary home Our Safe house will offer cost-free food, shelter, financial and employment counseling an financial assistance for its guests. The VSO Safe house will be a hand up for our veterans w 0 find themselves in need. MAKING A DIFFERENCE... ONE DONATION AT A TIME .. !NTl"....RNAL REVENUE SERVICE DEPARTMENT OF THE URY Date: ;JAN 26 2006 Employer Identification Number: 05-0516084 DW: , . -, ' THE VETERANS SUPPORT ORGANIZATION 469 WARWICK AVE WARWICK, RI 02888-0000 Contact Pers0D: DEL TRIMBLE Contact Telephone Number: (877) 829-5500 Public Charity Status: 1D# 3130 :. -,:;..; ~ ~ ~ ~! ~ {J';o.1 :''';..4.."; Dear Applicant: ~:~~~~h~~:~~~::~:~:::~~:~:~~~::::~~::::::i~~~lt~ under the Code section listed in the heading of this letter. Since your ~xcmpc scacus ~as noe under cons~oeracion, you continue to oe classified as an organization exempt from Federal income tax under section SOl(c) (3) of t e Code. Publication 557, Tax-ExemPt Statu~ for Your Organization, provides det~;led information about "o,:r rights and responsibilities as an exempt orgalL' J.tio '::tOU may request:: a ,:.~py by calling the call-free number for torms. (800) 829-3676. Information is also available on our Internet Web Site at www.irs.gov. If you have general questions about exempt organizations, please call our toll-free number shown in the heading. Pleas~ keep this le~ter in your permanent records. Sincerely yours, ~"'.. /"), ~t!' ~',,~ Lois G.)erner Direct;or, Exempt Organizations Rulings and Agreements Letter 1050 (DO CGl State of Florida Department of State I certifY from the records of this office that THE VETERA S SUPPORT ORGANIZATION, INC. is a corporation organized und r the laws of Rhode Island, authorized to transact business in the State f Florid~ qualified on November 14, 2005. The document number of this corporation is F05000006670. I further certifY that said corporation has paid all fees due this offi e through December 31, 2009, that its most recent annual report was fit d on January 8, 2009, and its status is active. I further certify that said corporation has not filed a Certificate Withdrawal. Given under my hand and the Great Seal of Florida, at Tallahassee, the Capital, this the Eleventh day of February, 2009 ~"rs Secretary of State Authentication 11): 700143413027-021109-F0S000006670 10 authenticate this certificate. visit the following site, cnter this 10. and then follow the instructions displayed. bttps:llefile.sunbiz.orglcertauthver.btmI ---..--.--....-,-.. .-'-"'- ___~___-..~_'A ~_ " . . - .'--, .'\; .: ..,; -; "",'- [,' ........- .. _'~. ~.' .'. _.... ...'1_ _'s:-:.::,: ...._:.i.~.~...,.~'"' '-_;" .:' ':~_.;;:~~ '-.:'.} FC.-2~,~ '-:-:1 ~:".'~ 3-:-:: ~;~ ~':- \fj-:;;: .."~.O~:. i=~ 3~'-~"- <~::S-1 :'~~6-.!\:."2 ::(::~ -:~~'J -:-2~_':.;; .f:; ;;;;;"\~/.:.-',:~~;.j:T:_J,-"',::2s~_.r:st rl): Richard Van Houten Vet.:rans Support Org:.mizatio!,! From: DJ\id K.napp 11 t:: District Commander Amcrkan Legion I would like to ta\-.e this opportunity ta than\-.:, au and y\)ur Organiz:1!ion for the support that you h;:\ ~ shown to myself and the llu, District. American Lq;il1n, The suppl~r' :",u ha\c pro':i::L'd to us was cru 'i~ll \\ith 3 special "000 \\'ap" concert that \\ I: wert' pUlling tog.ether in August oL!OOS, :\ t'ter losing the sponsors far the show and being unable to pay tor the balance of the deposits. The Veter:::ns Support Organization made a\ uilable the necessary funds in order ta continue \" ith the shem This \\3S beginning to be quite an ordeal since \';e as an organization dQ not keep In.: kind of funds a\ailab that were needed, E\en though \\ e lo~t money on the ~ha\\ if it had not 1:':.>;;11 for the desire that Richard and the "Vete ;<;'3 Support Organiz31ian" has for assisting other Veterans our ewnt \\l1u!d ha\e been a total dis3"ter. Th S25,OOO otTered,w us for the sholl helped us to pay the rerfomlers and the balance of the deposits th l were needed, The SUppOI1 from YQur organization \\ ill never be forgotten and I hope that in the future we can cn to 'lark together for the good of all Veterans, r'<., \ "-",," ',\ \:: 1// ,1 I: : ....-.. ___ 1~)~Lx:/i(\6/ jvJ Da\ id K.napp II:j; District Commander American Legion From left to right Paul Martel American Legion State Commander Richard VanHouten CEO Veterans Support Organization David Knapp 11 th District Commander A ~H' ,,~TT' r"""R' ~ ~t: ~ ~ b" ~ d S~NESS BUREAU Serving: Southeast Florida and the Caribbean ...... BBB", .~~~a Accredited Business f' thir g /,., We hereby endorse and agree: · To adhere to simple truth and integrity in advertising and all transactions. To provide sound professional advice. To provide service after the sale. To provide prompt attention to any guarantee or warranty work. · To cooperate with the Better Business Bureau in eliminating misleading or deceptive selling practices, · To respond promptly to any complaint with all efforts toward reaching a mutually satisfying agreement. · To accept and honor the Bureau's decision in the event an acceptable agreement is not reached directly with the customer. · To cooperate with the Bureau to eliminate the cause of any pattern of customer complaints. .on r THE \lETERANS SUPPORT ORGANIZATION, INC. Accredited Business Having met the stringent requirements of the screening committee, is accepted an Accredited Business in good standing of the Better Business Bureau and its Board of Directors. This 31sT MAY 2009 , - __ day of This Accreditation is valid for one year only and may be revoked by the BBB due to violation of any of the above ethics. I /" ) l {) I /--//. \ (',r'b if V /~\ President \1 I ) , '-.-/ ACDRDTM CERTIFICATE OF LIABILITY INSURANCE I D JE (MMIOOIYVYV) ( 6/25/2009 , PRODUCER (401)431-9200 FAX (401)431-9201 THIS CERTIFICATE IS ISSUED AS A MATTER OF IN ORMATION Troy, Pi res & Allen, LLC ONLY AND CONFERS NO RIGHTS UPON THE CERTI =tCA TE ' Shove Insurance HOLDER. THIS CERTIFICATE DOES NOT AMEND, E TEND OR ALTER THE COVERAGE AFFORDED BY THE POLIC ES BELOW. 376 Newport Avenue East Providence, RI 02916 INSURERS AFFORDING COVERAGE NAIC# INSURED VETERAN'S SUPPORT ORGANIZATION INC. INSURER A Hartford Casualty Insurance Co 9424 469 WARWICK AVE. INSURER B CNA Insurance Company WARWICK, RI 02888 INSURER c. INSURER D; INSURER E: , THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOlWn fisrANDING ArN REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSU FD OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONDlTION~ OF SUCH POLICIES, AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ;I~M ~fJ: lYPE OF INSURANCE I POLICY NUMBER POLICY EFFECTlVE POLICY EXPIRATION LIMITS GENERAL LIABILITY 02SBMUT6250 08/16/2009 08/16/2010 EAOi OCCURRENCE 1$ 2 000 000 7 COMMERCiAl GENEc;AL LIABILITY DAMAGE TO RENTED $ 300 000 ~- i'l f':. ., I CLAIMS MADE [R] OCCUR MED EXP (Any one person) '$ 10 000 A PERSONAL <: ADV INJURY $ 2,000,000 f-- GENERAL .AGGREGATE $ 4,000,000 f-- GEN'L ,~j:'GREGATE L1MITu-"'PLlES PER PRODUCT:3 . COMP/OP N3G $ 4,000,000 n p"I Iry n PEC" nLOC ._- J:::CT AUTOMOBILE LIABILITY 4017507293 06/04/2009 06/04/2010 COMBINED SIi<GLE LIMIT I f-- I $ X .A.tU"'lfTO lEa accident) 1 000 000 e-- ALL OVW-JED AUTOS BODILY INJURY I c-- I (per person) I> B SCHEDUlED ALrrCS ! ~ X HIPED AUTOS BODILY IN,PJRY f-- (Per accident) $ X Nor ./-.v\NNED AUTO:3 - I $ PROPERTY D.A.t..IAGE (Per accident) GARAGE LIABILITY AUTO ONL Y .. EA ACCIDENT $ =1 .uN )'AI.fTO , OTHER Tf'W-l EA ACC $ I AUTO ONLY AGG $ I EACH OCCUPRENCE I EXCESSIUMBRELLA LIABILITY 1$ :=J OCCUR D CLAIMS MADE I AGGREGATE '$ ;~ ~ DEDUCTIBLE $ RETENTION 1- $ WORKERS COMPENSATION AND I T"J~J.~;,w;:' I IO~ EMPLOYERS' LIABILITY E LEACH AC'CIDENT I $, .A.t-lY PROPRIETORIPARlNERIE>:.ECUTIVE CJFFICERlMEM2-ER EXCLUDED';' E L DISEASE - EA EMPLOYEE $ If yes. descnb9 under ; E L DISEASE - POLICY LIMIT $ SPECIAL PRe,VISIONS below I OTHER , ! I i i DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES I EXCLUSIONS ADDEO BY ENDORSEMENT I SPECIAL PROVISIONS >ublix Super Markets, Inc. is an additional insured for General Liability, as required by contra t. HOLDER CANCEL LA TION SHOULD AN'( OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEl ORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WD..L ENDEAVOR ro MAIL ~ DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED o THE LEFT. PUBLIX SUPER MARKETS, INC. BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION 0 LIABlLITY 3300 PUBLIX CORPORATE PARKWAY OF ANY KINO UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES, LAKE LAND , Fl 33811 AUTHORIZED REPRESENTATIVE ~1.Al.-.- Amy K1na/ARK .' .". ACORD 25 (2001108) @ACORD COR >ORATION 1988 DEPARTMENT OF VETERANS AFFAIRS Bay Pines V A Healthcare System Post Office Box 5005 Bay Pines. Florida 33744 FEB - 3 In Rerl\ Refer To 516/135 The Veterans Service Organization 4987 North University Drive Suite 27 Lauderhill, FL 33351 Dear Friends: I wish to extend my personal thanks to you on behalf of Bay Pines VA Healthcare System patients and staff for your recent donation of $5000, check number 1224, on January 27,2009, As requested, this donation has been deposited to General Post Fund 1002 for needy veterans. A receipt is enclosed. The commitment you have shown to our veterans demonstrates your concern for America's Heroes. Again, thank you for caring. Sincerely, i /1 ~/f ~~1iB~H~FACHE Director, Bay Pines VA Healthcare Syste Department of Veterans Affairs Bay Pines VA Healthcare System Post Office Box 5005 Bay Pines, Florida 33744 May 22,2009 Mr. Richard Van Houten The Veterans Support Organization 4987 N University Dr. Suite 27 Lauderhill, FL 33351 In Reply Refer To: 516/135 Dear Mr. Van Houten: On behalf of the patients and staff at the Bay Pines VA Healthcare System (BPVAHCS), I wish to extend my personal thanks to you for your organization's continued generous support. Donations to BPV AHCS not only benefit veterans who are receiving care at our medical center, but also those who receive care at our clinics in Dunedin, South Saint Petersburg, Ellenton, Sarasota, Port Charlotte, Fort Myers, Naples and Sebring, Fla. Resources are also provided to the Vet Center in Fort Myers through the generosity 0 your organization. We are committed to meeting the needs of Veterans that we serve each day in ou medical center and our outpatient clinics. Please know that your generous gifts contribute to our mission to care for Veterans with excellence and compassion. Sincerely, ~) , ,4a-V;1({/-!a. "j;' " .. / . V /,1 '/ / J IJ(~ a~:P(._~._ \ Derenda S. McCook, CAVS Chief, Voluntary Service THE VETERANS SUPPORT ORGANIZATION FINANCIAL STATEMENTS Year Ended SepbKnber30,2009 TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities and Changes in Net Assets ........ ................ ......... .............. ........ ....... ..................... 3 Statement of Cash Flows .............................................................. __................. 4 Notes to Financial Statements .......................................................................... 5 - 9 o !i~ti~2~2!!C!.~2.'!ll~ INDEPENDENT AUDITORS' REPORT Board of Directors The Veterans Support Organization Warwick, Rhode Island We have audited the accompanying statement of financial position of The Veterans Support Organization (Organization) as of September 30, 2009, and the related statements of activities and changes in net assets and cash flows for the year then ended. These financial statements are the responsibility of the Organization's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Organization as of September 30, 2009, and changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. ~vo irl.nu.eLLU' -l,-IJ February 10, 2010 36 Exchange Terrace Providence, RI 02903-1743 T 401.273,7600 F 401.421.6799 20 Park Plaza, Suite 400 Boston, MA 02116-4326 T 617.948.2111 F 617.948.2501 Member ..., .~ Dill( A worldwide as.mdation of independent accounting firm.~ ....'11'...... 1.,......,....lI.l'........ THE VETERANS SUPPORT ORGANIZATION STATEMENT OF FINANCIAL POSInON September 30, 2009 ASSETS CURRENT ASSETS Cash Accounts receivable other Employee receivable Inventory Prepaid expenses $ 123,178 8,000 9,606 88,740 5,992 235,516 38,819 10,949 5,582 113,736 169,086 28,170 140,916 14,219 $ 390,651 TOTAL CURRENT ASSETS PROPERTY AND EQUIPMENT Equipment Office furniture Leasehold improvements Vehicles Less accumulated depreciation and amortization OTHER ASSETS Deposits TOTAL ASSETS L1ABILInES AND NET ASSETS CURRENT LIABILITIES Note payable, current portion $ 4,898 Accounts payable 46,100 Accrued expenses 22,331 TOTAL CURRENT LIABILITIES 73,329 LONG-TERM LIABILITIES Note payable 880 Deferred rent 7,742 8,622 NET ASSETS Unrestricted 274,559 Temporarily restricted 34,141 TOTAL NET ASSETS 308,700 TOTAL L1ABILInES AND NET ASSETS $ 390,651 See accompanying notes to the financial statements. -2- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF ACnvmES AND CHANGES IN NET ASSETS Vear Ended September 30, 2009 Temporarily Unrestricted RestrIc:ted Total PUBLIC SUPPORT AND REVENUE: Public Support: Contributions $ 2.513,453 $ 34,141 $ 2,547,594 Revenue: In-kind contributions 22,628 22,628 Rental income 46,479 46,479 Other 5,040 5,040 74,147 74.147 Special Events: Revenue 2,941 2,941 Expense (21,191) (21,191) (18,250) (18,250) TOTAL PUBLIC SUPPORT AND REVENUE 2,569,350 34,141 2.603,491 EXPENSES Program service expenses: Automobile expense 88,147 88,147 Coupon books sold 1,260 1.260 Depreciation 13,303 13,303 Donations 404,531 404,531 Solicitation location fees 98,400 98,400 Solicitor pay and payroll taxes 795,452 795,452 Rent 116,774 116,774 Travel 31,055 31,055 Unifonns 21,979 21,979 Miscellaneous 1,574 1,574 1,572,475 1,572,475 Management and general expenses: Advertising and promotion 141,512 141,512 Bank fees 5,087 5,087 Depreciation and amortization 7,984 7,984 Insurance 27,618 27,618 Licenses and petmits 2,143 2,143 Managers 393,279 393,279 Miscellaneous 12,199 12,199 Office staff 32.276 32.276 Office expense 38,362 38,362 Payroll taxes 23,295 23,295 Postage and printing 7,275 7,275 Professional fees 47,474 47,474 Rent 55,112 55,112 Repairs and maintenance 6,963 6,963 Security 8,119 8,119 Telephone and internet 25,372 25,372 Travel and entertainment 10,183 10,183 Utilities 8,008 8,008 852,261 852,261 TOTAL EXPENSES 2,424,736 2,424,736 CHANGE IN NET ASSETS 144,614 34,141 178,755 NET ASSETS, beginning 129,945 129,945 NET ASSETS, ending $ 274,559 $ 34,141 S 308,700 See accompanying notes to the financial statements, - 3- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF CASH FLOWS Year Ended September 30, 2009 CASH FLOWS FROM OPERATING ACTIVITIES Change in net assets $ 178,755 Adjustment to reconcile change in unrestricted net assets to net cash from operating activities: Depreciation and amortization 21,287 Changes in assets and liabilities: Accounts recveivable, other (8,000) Employee receivable (9,606) Inventory (88,740) Prepaid expenses 9,625 Deposits (11,819) Accounts payable 46,100 Accrued expenses 20,889 Deferred rent 7,742 Total adjustments (12,522) NET CASH FROM OPERATING ACTIVITIES 166,233 CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property and equipment (114,402) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of note payable (1,497) NET CHANGE IN CASH 50,334 CASH, beginning 72,844 CASH, ending $ 123,178 See accompanying notes to the financial statements. -4- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS SepbHnber30,2009 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Founded in 2001, The Veterans Support Organization (Organization) was organized to help homeless, needy and disabled veterans. This mission is achieved through the collection of donations that the Organization in turn contributes to various organizations including the Department of Veterans Affairs Voluntary Services to support certain of its programs; including patient emergency needs, the patient coffee program and recreational activities. The Organization currently operates in Rhode Island, Florida and Georgia. In addition, in 2009 the Organization began offering transitional housing for homeless veterans in Florida. Basis of Accountina The accompanying financial statements are presented on the accrual basis of accounting consistent with accounting principles generally accepted in the United States of America (US GAAP), and have been prepared to focus on the Organization as a whole and to present balances and transactions according to the existence or absence of donor restrictions. Accordingly, net assets and changes therin are classified as follows: Permanently restricted net assets - Net assets subject to a donor imposed restriction requiring they be maintained by the Organization in perpetuity. At September 30, 2009, the Organization had no permanently restricted net assets. TemDorarily restricted net assets - Net assets subject to donor-imposed restrictions which may only be utilized in accordance with purposes established by the donor of such funds or the passage of time. Unrestricted net assets - Net assets not subject to donor-imposed restrictions or the donor-imposed restriction is satisfied on the temporarily restricted net asset in the same year the asset is received. The Organization reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit their use. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are released to unrestricted net assets and reported as such in the statement of activities. -5- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Basis of Accountina (Continued) The Organization reports gifts of land, buildings and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long- lived assets are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when donated or acquired long-lived assets are placed in service. Prooertv and EauiDment Property and equipment are recorded at cost, if purchased, or at fair value, if donated. These assets are depreciated over their estimated useful lives using the straight-line method over five years. Contributed Services and Materials A branch manager of the Organization serves in this capacity on a volunteer basis. The value of this contributed service is reflected in the accompanying statements of activities as in-kind contributions and an offsetting expense. The value is estimated based upon the Organization's compensation policies at the date of receipt due to the fact that they create or enhance nonfinancial assets or require specialized skills which, if not provided by donation, would have to be purchased by the Organization. Deferred Rent The Organization recognizes rent expense on a straight-line basis over the term of the operating lease. Rent escalation provisions are considered in determining straight-line rent expense to be recorded over the lease term. The lease term began on the date of initial possession of the lease property for purposes of recognizing the expense on a straight-line basis over the term of the lease. Lease renewals are considered on a lease-by-Iease basis and are generally not included in the lease term. The difference between rent currently due under the terms of the lease agreement and rent expense is recorded as deferred rent on the accompanying balance sheet. -6- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 1 - Summary of Significant Accounting Policies (Continued) Inventorv Inventory is comprised of coupon books purchased for resale. Inventory is stated at the lower of cost (first-in, first-out method) or market. Inventory consists of coupon books held for sale by the Organization, as well as on consignment with other organizations as follows: Held for sale Consignment $ 78,660 10,080 88.740 Total $ Thrift Store Inventorv During 2009, the Organization began renting space out of which a thrift store would be run. The thrift store was not operating as of September 30, 2009, but had begun to collect donations for purposes of stocking the store. Substantially all the items held for resale at the thrift store are donated to the Organization. Due to the uncertainty of the value and inadequate inventorying upon receipt, items received are not reported as inventory. Upon sale or other realization of value, the Organization will record the net amount received as income. Income Taxes The Organization qualifies as a tax-exempt organization as provided under Section 501(c)(3) of the Internal Revenue code and is classified as other than private foundation. Accordingly, no provision for federal and state income taxes has been reflected in the accompanying financial statements. Advertisina Costs The Organization expenses advertising costs as they are incurred. Advertising expense was $141,512 for the year ended September 30, 2009. Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. -7- THE VETERANS SUPPORT ORGANIZATtON NOTES TO FINANCIAL STATEMENTS SepbHnber30,2009 NOTE 2 - NOTE PAYABLE The Organization has a note payable in the original amount of $7,275 with a finance company for the purchase of a vehicle. Such note payable is secured by the vehicle for which the note was issued. The note payable charges interest at 12.95% and requires monthly payments of principal and interest of $447 through November 2010. Future scheduled principal payments under the note payable are $4,898 and $880 for the fiscal years ending September 30, 2010 and 2011, respectively. NOTE 3 - TEMPORARILY RESTRICTED NET ASSET As of September 30. 2009, the Organization's temporarily restricted net assets of $34,141 were restricted for the operation of the Organization's transitional housing program referred to through solicitation literature as New Life Haven. NOTE 4 - RELATED PARTY TRANSACTIONS During 2009, the Organization incurred expenses to a Board member totaling $23,328 for services rendered in connection with financial consulting, bookkeeping and tax services. As of September 30, 2009, all amounts incurred had been paid. NOTE 5 - OPERAnNG LEASES The Organization leases several commercial spaces throughout the states in which it operates under non-cancelabte operating lease agreements, expiring at various dates through July 2012. Rent and lease expense for the year ended September 30, 2009 was approximately $172.000. Future minimum lease payments under non-cancelable operating leases are as follows: Years Ending SeDtember 30. Amount 2010 2011 2012 $ 76,275 61,200 52,832 -8- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS Septewnber30,2009 NOTE 6 - SUPPLEMENTAL CASH FLOW INFORMATION Net cash flows from operating activities, as reported in the accompanying statement of cash flows, reflect cash payments for interest of $290. The accompanying statement of cash flows excludes the effects of noncash investing and financing activities relating to the acquisition of certain transportation equipment through an the execution of note payable of $7,275. NOTE 7 - SUBSEQUENT EVENTS Events that occur after the balance sheet date but before the financial statements are available to be issued must be evaluated for recognition and disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events which provide evidence about conditions that occurred after the balance sheet date require disclosure in the accompanying notes. Management evaluated the activity of the Company through February 10, 2010 and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements. -9- THE VETERANS SUPPORT ORGANIZATION FINANCIAL STATEMENTS Year Ended SeptEmnber30,2008 TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS Statement of Financial Position 2 Statement of Activities and Changes in Unrestricted Net Assets 3 Statement of Cash Flows . ...... ... ...... ................. ................................ ..... ........... 4 Notes to Financial Statements .......................................................................... 5 - 6 o ~~!i'!~~!!<<2s:'!.I!i= INDEPENDENT AUDITORS' REPORT Board of Directors The Veterans Support Organization Lauderhill, Florida We have audited the accompanying statement of financial position of The Veterans Support Organization (Organization) as of September 30, 2008, and the related statements' of activities and changes in unrestricted net assets and cash flows -for the year then ended. These financial statements are the responsibility of the Organization's management. Our responsibility is to , express an opinion on these financial statements based on our audit. . We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairty, in all material respects, the financial position of the Organization as of September 30, 2008, and changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. '1fi4:HV() i1f.nu.etlLL' -l,~ October 7,2009 36 Exchange Terrace Providence, RI 02903-1743 T 401.273.7600F 401.421.6799 20 Park Plaza, Suite 400 Boston, MA 02116-4326 T 617.948.2111 F 617.948.2501 Member .::;;;,~ Di=I( A worldwide association of independent accounting firms ~"'I..ltla'''L'UI''.lu THE VETERANS SUPPORT ORGANIZATION STATEMENT OF FINANCIAL POSITION September 30, 2008 ASSETS CURRENT ASSETS Cash $ 72,844 Prepaid expenses 15,617 TOTAL CURRENT ASSETS 88,461 PROPERTY AND EQUIPMENT OffICe furniture and equipment 17,901 Vehicles 29,508 47,409 Less accumulated depreciation 6,883 40,526 OTHER ASSETS Deposits 2,400 TOTAL ASSETS $ 131,387 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accrued expenses $ 1,442 UNRESTRICTED NET ASSETS 129,945 TOTAL LIABIlITIES AND NET ASSETS $ 131,387 See accompanying notes to the financial statements. - 2- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS Year Ended September 30, 2008 REVENUES AND OTHER SUPPORT Contributions $ 1,024,554 Other 1,240 TOTAL REVENUES AND OTHER SUPPORT 1,025,794 EXPENSES Program service expenses: Donations 317,788 Subcontractors 321,337 Automobile expense 41,513 Uniforms 7,458 688,096 Management and general expenses: Advertising and promotion 53,039 Bank fees 1,519 Depreciation 5,570 Insurance 9,429 Managers 103,735 Miscellaneous 5,994 Office expense 14,343 Professional fees 6,664 Rent 22,033 Salaries and benefits 30,093 Telephone and internet 9,418 Travel and entertainment 8,390 Utilities 788 271,015 TOTAL EXPENSES 959,111 CHANGE IN UNRESTRICTED NET ASSETS 66,683 UNRESTRICTED NET ASSETS, beginning 63,262 UNRESTRICTED NET ASSETS, ending $ 129,945 See accompanying notes to the financial statements. -3- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF CASH FLOWS Vear Ended September 30, 2008 CASH FLOWS FROM OPERATING ACTIVITIES Change in unrestricted net assets Adjustment to reconcile change in unrestricted net assets to net cash from operating activities: Depreciation Changes in assets and liabilities: Prepaid expenses Deposits Accrued expenses Total adjustments NET CASH FROM OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property and equipment NET CASH FROM INVESTING ACTIVITIES NET CHANGE IN CASH CASH, beginning CASH, ending $ 66,683 5,570 (13,831) (650) 1,435 (7,476) 59,207 (30,240) (30,240) 28,967 43,877 $ 72,844 See accompanying notes to the financial statements. -4- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2008 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Ooerations Founded in 2001, The Veterans Support Organization (Organization) was organized to help homelss, needy and disabled vertans. This mission is achieved through the collection of donations that the Organization in turn contributes to various organizations including the Department of Veterans Affairs Voluntary Services to support certain of its programs; including patient emergency needs, the patient coffee program and recreationaJ activities. The Organization currently operates in Rhode Island, Florida and Georgia. The Organization is a non-profit corporation determined to be exempt from income taxes by the Internal Revenue Service under Section 501 (c)(3) of the Intemal Revenue Code. Basis of Accountina The Organization reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit their use. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are released to unrestricted net assets and reported in the statement of unrestricted revenues and support, expenses, and changes in unrestricted net assets. During the year ended September 30, 2008, the Organization received only cash donations that had no donor stipulations limiting use of the funds. As a result, all such contributions were reported as unrestricted contributions in the accompanying statement of activities and changes in unrestricted net assets. The Organization reports gifts of land, buildings and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long- lived assets are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when donated or acquired long-lived assets are placed in service. Prooerty and Eauipment Property and equipment are recorded at cost, if purchased, or at fair value, if donated. These assets are depreciated over their estimated useful lives using the straight-line method over fIVe years. Advertisina Costs The Organization expenses advertising costs as they are incurred. Advertising expense was $53,039 for the year ended September 30, 2008. -5- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2008 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (US GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. NOTE 2 - OPERATING LEASES The Organization leases several offices throughout the states in which it operates under non-cancelable operating lease agreements, expiring at various dates through August 2009. Rent and lease expense for the year ended September 30, 2008 was approximately $22,000. Future minimum lease payments due in 2009 on operating leases in effect at September 30,2008 are $8,945. .6- THE VETERANS SUPPORT ORGANIZATION -- Balance Sheet As of September 30, 2007 F-,---- Total ----. ASSETS Current Assets -- --...---.----... Bank Accounts -.-.--- ~-- Bank Amer.South Fld -6941 15,040.01 --.-.--- Bank Rhode Island 8,515,52 -- "~"- M & T Bank - New York 0,00 - - ----- Petty Cash 50,00 Wachovia 5,242,51 --.. Total Bank Accounts $ 28,848.04 .________..__n. ---..- "._'-"---'- -_..-..__.~-----------_._-----_._-- -------- ------- -.- - _n_ __ __.__. .--._-,,_..-.---- Other Current Assets Other Current Assets I -7,00 Total other Current Assets -$ 7.00 Total Current Assets $ 28,841.04 Fixed Assets ---------- -- Equipment .--.-- 1,?~ Furniture & Fixtures 4,326.28 ____Sign 300,00 -.-.-..------. -----.-'---.'.--.----------.'--- Van 12,843,00 Vehicles -10,208,00 Original Cost (deleted) --------.-----.---- 5,104,00 Total Vehicles -$ 5,104.00 Vehicles (deleted) - Original Cost (deleted) 5,104,00 __..Iota I Vehicles (deleted) $ 5,104.00 --.-- Web-Site 1,905,00 Total Fixed Assets $ 21,130.48 -------------------,_._--,--------,- other Assets -------- Rent Deposit 0,00 utility Deposit 0,00 Total other Assets $ 0.00 - TOTAL ASSETS 1$ 49.971.52 -, LIABILITIES AND EQUITY ---------- .---.....-- Liabilities ---,----._-,-- Current Liabilities other Current Liabilities f------ Total Current Liabilities $ 0.00 1----- Total Liabilities $ 0.00 ..--- Equity -.--.-.. - ~ning Bal Equity 0,00 Unrestricted Net Assets 9,368.81 Net Income 40,602.71 Total Equity $ 49,971.52 TOTAL LIABILITIES AND EQUITY $ 49971.52 ---- -- --------' ---'----'---"-. Thursday, Apr 29,201001 :16:18 PM GMT -4 - Cash Basis THE VETERANS SUPPORT ORGANIZATION - _.._-~ Profit & Loss - October 2006 - September 2007 ,- -, Total Income Contributions Income -~-,.__. Florida - 44,394.00 -- ~-_..,._--- - Unrestricted 273,284,49 Total Contributions Income $ 317,678.49 Total Income $ 317,678.49 - - - Expenses - Advertising ---- ,-- 10,855.25 Automobile Expense 9,720,73 f------ , ,...- .---.-._------------------_. -~._,..._- --'-- ----- --------- -- - -----------------------------" " -..---- Bank Service Charges 106,40 Contributions 13,597,95 .~- ==F Contributions FL 53,133,69 .--- Dues and Subscriptions 65.00 Employee Welfare (deleted) -- - ------ !~ Flags & Pins 'I 11 ,393,65 Funerals - flowers & gifts I 32.10 Insurance 3,598,05 ---- ..---.--.------ ,.. Internet 870,66 .. ------- Licenses and Pennits 520,50 ...-- .----- _~anagers " .'-- 57,751,00 Justin Wells 7,368.00 -.--" Kisbert 6,100,00 Richard pay -- 5,200,00 Ron Van Houten (deleted) I 2,733.00 Subcontractors 110,00 Total Managers $ 79,262.00 ..--- f---- Miscellaneous 1,990,32 -~ ------------,---,-,-- Office Supplies 13,625,95 Office - Richard Florida (deleted) 359,59 - Total Office Supplies $ 13,985.54 ,-- Outside Services I 48,00 -.-- I Postage and Delivery 308.63 .---...----.- --,-_.__...._.,--_._~- Printing and Reproduction 378,00 Professional Fees Accounting 4,575.00 Total Professional Fees 1$ 4,676.00 ,---------- - Program Expense 61,50 -- -----,------,--- Rent - Florida (Richard) (deleted) 2,700,00 Rent-Office 13,855.20 -------------------- --"--,--~-----_...- Repairs -- ---.- Computer Repairs (deleted) 75,00 Total Repairs $ 75.00 ,--,----"-"--~ r--- Solicitors 37,224,00 Supplies 231 ,56 -------,--,--, -------------,-------,--,---------------,,- -~-- Office 481 ,38 Total Supplies $ 712.94 Telephone 1,784,55 -.. Telephone. Fld Richard (deleted) 2,600,00 Travel & Ent 4,883,99 Travel 509.68 -. Total Travel & Ent $ 5,393.67 . --.-- ., Uniforms - Florida (deleted) 6,169,85 Utilities 72,00 . -.. ---- Gas and Electric (deleted) 322.70 Total Utilities $ 394.70 Total Expenses $ 277 ,075.78 Net Operating Income $ 40,602.71 Net Income $ 40 602.71 ---- --..----- . -..--.---..--.--'.-- Thursday, Apr 29, 2010 01 : 12:26 PM GMT -4 - Cash Basis 2010 NOT-FOR-PROFIT CORPORATION ANNUAL REPORT DOCUMENT# F05000006670 Entity Name: THE VETERANS SUPPORT ORGANIZATION, INC. FILED Jan 04, 2010 Secretary of State Current Principal Place of Business: New Principal Place of Business: 4987 N. UNIVERSITY DRIVE LAUDERHILL, FL 33351 Current Mailing Address: New Mailing Address: 469 WARWICK AVENUE WARWICK, RI 02888 FEI Number Applied For ( ) FEI Number Not Applicable ( ) Certificate of Status Desired (X) FEI Number: 05..()516084 Name and Address of New Registered Agent: Name and Address of Current Registered Agent: HOUTEN, RICHARD V 6051 NORTH WEST 22ND STREET MARGA TE, FL 33063 US The above named entity submits this statement for the purpose of changing its registered office or registered agent, or both, in the State of Florida, SIGNATURE: OFFICERS AND DIRECTORS: Electronic Signature of Registered Agent Date Title: Name: Address: City-St-Zip: Title: Name: Address: City-St-Zip: Title: Name: Address: City-St-Zip: Title: Name: Address: City-St-Zip: Title: Name: Address: City-St-Zip: D KISBERT, SHERI 5 CHEYENNE COURT PALM COAST, Fl 32137 D WEllS, JUSTIN E 2461 NORTH WEST 57TH TERRACE MARGATE, Fl 33063 P VAN HOUTEN, RICHARD 6651 NORTH WEST 22ND STREET MARGATE, Fl 33063 T NAKOWICZ, JOHN 125 WATERMAN AVE WARWICK, RI 02889 D GIBSON, CHARLES H 12355 YORK HARBOR JACKSONVillE, Fl 32225 I hereby certify that the information indicated on this report or supplemental report is true and accurate and that my electronic signature shall have the same legal effect as if made under oath; that I am an officer or director of the corporation or the receiver or trustee empowered to execute this report as required by Chapter 617, Florida Statutes; and that my name appears above, or on an attachment with all other like empowered, SIGNATURE: JOHN NAKOWICZ Electronic Signature of Signing Officer or Director T 01/04/2010 Date 2009 NOT -FOR-PROFIT CORPORATION ANNUAL REPORT DOCUMENT# F05000006670 Entity Name: THE VETERANS SUPPORT ORGANIZATION, INC. FILED Jan 08, 2009 Secretary of State Current Principal Place of Business: New Principal Place of Business: 4987 N, UNIVERSITY DRIVE SUITE 27 LAUDERHILL, FL 33351 4987 N, UNIVERSITY DRIVE LAUDERHILL, FL 33351 Current Mailing Address: New Mailing Address: 469 WARWICK AVENUE WARWICK, RI 02888 FEI Number Applied For ( I FEI Number Not Applicable ( ) Certificate of Status Desired (X) FEI Number: 05-0516084 Name and Address of New Registered Agent: Name and Address of Current Registered Agent: HOUTEN, RICHARD V 6051 NORTH WEST 22ND STREET MARGA TE, FL 33063 US The above named entity submits this statement for the purpose of changing its registered office or registered agent, or both, in the State of Florida. SIGNATURE Electronic Signature of Registered Agent Date ADDITIONS/CHANGES TO OFFICERS AND DIRECTORS: OFFICERS AND DIRECTORS: Tille: Name: Address: City-St-Zip: Tille: Name: Address: City-St-Zip: Tille: Name: Address: City-St-Zip: Title: Name: Address: City-St-Zip: Tille: Name: Address: City-St-Zip: ( ) Change ( ) Addition D ( ) Delete KISBERT, SHERI 5 CHEYENNE COURT PALM COAST, FL 32137 Title: Name: Address: City-St-Zip: D ( ) Delete WELLS, JUSTIN E 2461 NORTH WEST 57TH TERRACE MARGATE, FL 33063 Tille: Name: Address: City-St-Zip: ( ) Change ( ) Addition P ( ) Delete VAN HOUTEN, RICHARD 6651 NORTH WEST 22ND STREET MARGATE, FL 33063 Tille: Name: Address: City-St-Zip: ( ) Change ( ) Addition T ( ) Delete NAKOWICZ, JOHN 125 WATERMAN AVE WARWICK, RI 02889 Tille: Name: Address: City-St-Zip: ( ) Change ( ) Addition D ( ) Delete GIBSON, CHARLES H 12355 YORK HARBOR JACKSONVILLE, FL 32225 Tille: Name: Address: City-St-Zip: ( ) Change ( ) Addition I hereby certify that the information supplied with this filing does not qualify for the exemption stated in Chapter 119, Florida Statutes, I further certify that the information indicated on this report or supplemental report is true and accurate and that my electronic signature shall have the same legal effect as if made under oath; that I am an officer or director of the corporation or the receiver or trustee empowered to execute this report as required by Chapter 617, Florida Statutes; and that my name appears above, or on an attachment with an address, with all other like empowered. SIGNATURE JOHN NAKOWICZ Electronic Signature of Signing Officer or Director T 01/08/2009 Date 2008 NOT -FOR-PROFIT CORPORATION ANNUAL REPORT DOCUMENT# F05000006670 Entity Name: THE VETERANS SUPPORT ORGANIZATION, INC, FILED Jan 02, 2008 Secretary of State Current Principal Place of Business: New Principal Place of Business: 2787 EAST OAKLAND PARK BLVD STE 307 FORT LAUDERDALE, FL 33306 4987 N, UNIVERSITY DRIVE SUITE 27 LAUDERHILL, FL 33351 New Mailing Address: Current Mailing Address: 119 SOUTH PALMETTO AVE, STE 162 DAYTONA EXECUTIVE OFFICES DAYTONA BEACH, FL 32114 469 WARWICK AVENUE WARWICK, RI 02888 FEI Number: 05-0516084 FEI Number Applied For ( ) FEI Number Not Applicable ( ) Certificate of Status Desired (X) Name and Address of New Registered Agent: Name and Address of Current Registered Agent: HOUTEN, RICHARD V 6051 NORTH WEST 22ND STREET MARGA TE, FL 33063 US The above named entity submits this statement for the purpose of changing its registered office or registered agent, or both, in the State of Florida, SIGNATURE: OFFICERS AND DIRECTORS: Electronic Signature of Registered Agent Date Title: Name: Address: City-5t-Zip: Title; Name: Address: City-5t-Zip: Title: Name: Address: City-5t-Zip: Title: Name: Address: City-5t-Zip: Title: Name: Address: City-5t-Zip: ADDITIONS/CHANGES TO OFFICERS AND DIRECTORS: D ( ) Delete KI5BERT, BRYANT 5 CHEYENNE COURT PALM COA5T, FL 32137 Title: Name: Address: City-5t-Zip: D (X) Change ( ) Addition KI5BERT, SHERI 5 CHEYENNE COURT PALM COAST, FL 32137 D (X) Change ( ) Addition WELLS, JUSTIN E 2461 NORTH WEST 57TH TERRACE MARGATE, FL 33063 ( ) Change ( ) Addition T (X) Change ( ) Addition NAKOWICZ, JOHN 125 WATERMAN AVE WARWICK, RI 02889 D ( ) Change (X) Addition GIBSON, CHARLE5 H 12355 YORK HARBOR JACK50NVILLE, FL 32225 I hereby certify that the information supplied with this filing does not qualify for the exemption stated in Chapter 119, Florida Statutes, I further certify that the information indicated on this report or supplemental report is true and accurate and that my electronic signature shall have the same legal effect as if made under oath; that I am an officer or director of the corporation or the receiver or trustee empowered to execute this report as required by Chapter 617, Florida Statutes; and that my name appears above, or on an attachment with an address, with all other like empowered. V ( ) Delete DICKMAN, WALTER 331 CENTERVILLE ROAD WARWILKI, RI 02888 Title: Name: Address: City-5t-Zip: P ( ) Delete VAN HOUTEN, RICHARD 6651 NORTH WEST 22ND STREET MARGATE, FL 33063 Title: Name: Address: City-St-Zip: T ( ) Delete NAKOWITZ, JOHN 125 WATERMAN AVE WARWICK, RI 02889 Title: Name: Address: City-St-Zip: ( ) Delete Title: Name: Address: City-5t-Zip: SIGNATURE: JOHN NAKOWICZ Electronic Signature of Signing Officer or Director T 01/02/2008 Date FILED Feb 12, 2007 8:00 am Secretary of State 02-12-200790099047 ****70,00 2007 NOT.FOR.PROFIT CORPORATION ANNUAL REPORT DOCUMENT # F05000006670 _0 1. Entity Name THE VETERANS SUPPORT ORGANIZATION, INC. Principal ?Ieee of BusIness 119 SOUTH PALMETTO AVE., STE. 162 DAYTONA EXECUTIVE OFFICES DAYTONA BEACH, Fl 32114 Maiing Address 119 SOUlli PAlMETTO AVE.. SIE. 162 DAYTONA EXECUTNE OfFICES DAYTONA BEACH. Fl 32114 '4001'678 IIII~ 11111111~lllllllmi 1III1 3. MaIling Address Suite, ApI. #, ete, City & State K1SBERT, BRYANT 18 PINTO LANE PALM COAST, FL 32164 SIGNATURE 10. mu NAME STREET .IOORESS CITY - ST ,ZIP lTTl.E NMIE STREET .IOORESS CIll. SHIP mu NAME STREET .IOORESS CIll- 51-ZIP TITlE NoINE STREET IolllHSS CITY. 51 . ZIP mu NAIoIE STREET ADlWSS CITY. 51 ,zp mu lIME STREET AIllJlESS CITY, ST. ZIP (<., '- JJ /.) e. () lk, iJ J1 tJ vr Er SI,,*utl. ~ Of' priltlld nlWne ~ regimered agent 8Pd lIIe"~. 01262007 Chg-NP CR2E037 (12/06) 4. FEI Number 05-0516084 Applied For Not Applicable $8.75 Addltlon81 Fee Required Iater8d lit Country 5. Certificate 01 Status Desired Name FlIIIIII ,_ I. $81.25 Due by, M.-y 1,2007 OFFICERS AND DIRECTORS 9. Election Campaign FInancing Trust Fund Contribution, 0 11. TlTI! NAME STREET ~ CITY, ST . ZIP lTTl.E HoWE STIlET .IDMESS CITY, SHll' TITLE N.\NE STREET .I/llHSS CITY ,51 ' 2lP TIIU N.\MC STllEEl .I/llHSS CITY-ST. ZIP ADDITIONS/CHANGES TO OFFICERS AND DIRECTORS IN 10 Change 0 AddltiOJl D KISBERT. BRYANT 18 PINTO lANE PAlM COAST, FL 32164 D KISBERT, SHERI 18 PINTO lANE PALM COAST. FL 32154 V DICKMAN, WALTER 331 CENTERVlLlE ROAD WARWlLKI, RI 02888 P V~ HOUTEN, RICHARD 2787 EAST OAKLAND FORT LAUDERDAlE, FL 33306 T NAKOWlLL, JOHN 125 WATERM~ AVE WARWICK. RI 02889 DlleIele o CIaJge o Addlllon Delete DDeIele Ollelele o Delete DDelele o Add~ion {( I <.. J./ II R. {) C/qI V '.J:"r' ~ ~ I,j [) ~ l..- .3 I) ~ ~~ tJ q K 6 &"J I <. :t..) :::J'D J./ 1/ I~S !,J1/-r;:.;,,!llVlqJ l}c/~ i./ q N ~-hJlj 7"' &::. I,) I (" ~ S'I Nq I.....n-/ TITLE HAM[ STlW ~SS CITY. ST- ZIP flTLE HAM[ STR'EET ~SS CITY - ST- ZIP o Cha'1ge 0 Addition 12. I hereby certify that the in'onnation supplied wiTh this fillno does not qualify lor the exemplions contained in Chapler 119, Florida SlatUla$, I further certify that the intonnatlon Indicated on thili report or supplemental report is true and ac::cur8la and that my signature shan have lha same leg.al effect as W made under oath; that I em an officer or direclOl" 01 the corporation Of the receiver or trustee empowered to execuTe thili report as required by Chapter 617. Florida Statutes; and that my name appears In Block 10 or Block 11 if changed, or on an attachment with an ass, wiTh all OIhm like empowered, - - ./J /---7-1(; -- ~ 0- '0; c:.... '-w- DoyILono '"""'" . SIGNATUR : - OlIl~N_OI' FILED Jul 28, 2006 8:00 am Secretary of State 07 -28-2006 90033 018 ****70.00 2006 NOT-FOR-PROFIT CORPORATION ANNUAL REPORT DOCUMENT # F05000006670 . 1. Entity Name THE VETERANS SUPPORT ORGANIZATION, INC. .~. Principal PlDce d Business 119 SOUlll PAlMETTO AVE., STE. 162 DAYTONA EXEctmVE lJ=ACES DAYTONA BEACH. Fl 32114 Mailing Address 119 SOUTH PALMffiO AVE.. STE. 162 DAYTONA EXECUTIVE OFFICES DAYTONA8EACH. Fl 32114 Suite, Apt. ,I, etc, 2. Principal Place of Business Su~e, Aplll, elc, City & State Zip 3. Mailing Address City & Slate Country Colmy Zip 6. Heme end Add,.. of CuITWrt Reglstentd KISBERT, BRYANT 18 PINTO LANE PALM COAST, FL 32164 Name IIIII~ 1111111 ~~IIIIII MIIII ~II 07242006 Chg-NP CR2E037 (4/06) City 4. FEI Number 05-0516084 S. Certificate of Status Desired Street Address (P.O. Box Number is Not Acceptable) ~_o<_....d~__""'_. 8, The above named entity sublTits lhis statement for the purpose 01 changing Its registered office or registered agent. or both. in the Slate at Florida. I am famillar with. and accept the obligations d registere,d agent. FL Zip Code SIGNATURE 10. mu N.WE S11HT AIllHSS CITY-ST-ZlP mu NAME mEEt AIllHSS CITY-ST'ZlP IIfLE NN4 STREET AIlIHSS CITY- ST . 21' mu N.WE S11HT AIlIHSS CITY.ST.ZlP TIlli !lAME SlIeT ,lIlORESS CITY - SHLP mu NAME STllEET AIJIHSS CITY. ST. ZIP lNOl'E:~"-____nv) o.TE FBI...... Is $&1.25 Due by Sephnnber 8, 200. OFFICERS AND DIRECTORS .. Election Campaign Financing Trust Fund Contribution, o $5.00 May Be Added to F_ MIlke chICk peyeble to Florida o.~rtment of S~ DDeIde 11. mu - SIlfE1 ADIHSS CITY. ST. ZIP mu NAME STilI! ADllAESS CITY.ST-ZlP ADDITIONS/CI-WlGES TO OFFICERS AND DIRECTORS IN 10 o Chqe 0 AddiIlon o Change 0 AddiIlon ~ I " K "" C/ tV I l..J 4 "'- '1'1{. fZ. . Chqe 0 Addlllon .1,) I C &:..I,J-r ~ Il ..; J... j.",cr. {( Oil 0 I P 0 AlWion Vq,.jJ../tl \J-r~ /J ~i R'i &[ q~-r ,:- --r <J~ J../ W NA I< I> hi j (. ~ , A r- hi q -rlf. t:< ''1 o AddJlion o KISBERT, BRYANT 18 PINTO lANE PALM COAST, FL 32164 o KISBERT, SHERI 18 PINTO lANE PALM COAST, FL 32164 P DICKMAN. WALTER 331 CENTERVlLLE ROAD WARWlLKI, RI 02888 V VAN HOUTEN, RICHARD 3300 JOSHUA lANE NORTH TONAWANDA, NY 14120 T NAKOWlLl, JOHN 125 WATERMAN AVE WARWICK, RI 02889 DIleIeIe DIleIelll TITLE NAME S11HT IOORESS CITY, ST. ZI' mu NAN( SIlfE1 oIDlHSS CITY, ST - 21' 12. I hereby cer1ify that the Information supplied with this fillna does not qualify lOt the exemptions contained in Chapter 119, Florida Statutes, I further certify thaI the information indicated on !hIs report or supp! ntal repools true and accurate and thaI my slpture shan have the same legal effect as n made under oath; that I am an officer or director d the corporation or thfl r . r lrustfle empowered to exflCUlfl this report 88 required by Chapter 617, Florida Statutes; and that my nerne appealll in Block 10 Ot Block 1 t n changed. CI' on an attachm h an address, with all other IlIe empowered, SIGNATURE: '- ...:::::r; Lj u Nf;l K. Ll ,.; f.,. L -Jf(::;: -I.J lYPEIIllR I'MlTIO N_ OF _ 0F1'ICEIl OR ~OR o Oelele o lleItle TiTlE NAME STilET oIDlHSS CITY - ST . ZIP DlleleIe lTTU NAME SIllEET AIIIHSS CITY-ST ,ZIP ~ (Requestor's Name) (Address) (Address) (City/StatelZiplPhone #) o PICK-UP 0 WAIT o MAIL (Business Entity Name) (Document Number) Certified Copies Certificates of Status Special Instructions to Filing Officer: Office Use Only (XJ I ~n~11 ~I~~IIIIII 800061266788 11/14/iJ~:,-.ff1IH~~- rfl;' ,H?:3.lS '-i :> C/) r;~ .- r" c:::> r- C"J c.n 't> -:-0:::= ." :::m 0 )>~ <: - (J')::o r ~-< .- ~o -0 m ..,,'"Tl ::Jr; r- (.? ,.., o ~ N ......., ~~ .::JfTl W CO (/I D , ~ I , )j ((0S (); COVER LETTER TO: Registration Section Division of Corporations SUBJECT: --{'if 1(. i/~ -(I{ I{ 4,JJ .s vff/d~-r /)~ '" ~A1I.1..1-riaiJ I ~<.. (Name of Corporation - must include suffix) Dear Sir or Madam: The enclosed" Application by Foreign Not for Profit Corporation for Authorization to Conduct its Affairs in Florida". "Certificate ofExistencen, and check are submitted to register the above referenced not for profit cOTpOration to conduct its affairs in Florida. Please return all conespondence concerning this matter to the following: ~ u () t/ It) !J It f( () '^-f I L. 1-,. I (Name of Person) eft} ;J/.} k v V t ~ 1... h /\/4 J.) l. I') L.. (Firm/Company) ~J{{(';(<"~JI ~<l 1&~ tJLlI<,j, c- k. (Address) tI~t"UI L. k ~ (City/Suite and Zip C e f! rI~ 4/ Ji2 j;j /'0.) r- (/) .,..,., ,-f'Tl c:..:. " ~ f'.f" ):>oQ ~ /) <J-.... ::: ", <::> p::-f '<' enJ> (/)::0 _ ITI-< - For further information concerning this matter, please call: ~~ ~ r-C/) 0:-1 N atl W ) -J n - 'l~<> ~ ( Code & Daytime Telephone Number) " ;:::;; J/ 4/ AlII/<. IJ '0 'LL (Name of Person) - ,- m o MAD...ING ADDRESS: Registration Section Division of Corporations P.O. Box 6327 Tallahassee. FL 32314 STREETICOURIER ADDRESS: Registration Section Division of Corporations Clifton Building 2661 Executive Center Circle Tallahassee, FL 32301 Enclosed is a check for the following amount: o $10.00 Filing Fee Qsf$18.15 Filing Fee & Certificate of Status 0$18.75 Filing Fee & Certified Copy D $81.50 Filing Fee, Certificate of Status & Certified Copy APPLICATION BY FOREIGN NOT FOR PROFIT CORPORATION FOR AUTHORIZATION TO CONOuer ITS AFFAIRS IN FLORIDA TN COMPLIANCE WITH SEC110N 617.1503, FLORIDA STATUfES, THE FOUOWING IS SUBM/ITED TO REGISTER A FOREIGN NOT FOR PROFIT CORPORA170N FOR A UTHORlZA.170N TO CONDUCT ITS AFFAiRS TN THE STATE OF FLORIDA: 1. -r1. ~ (/ "- -r.r<. f{, JJ J. ~ d f? f?4 R.. -r 0 R f7 /! IJ 11.... -rl Q M ,./ c. , (Name 0 cOTPoration: must me ude e word "IN RPORA TED" or RPORA nON" or wo s or leVlations 0 e imIlort in language as wiD clearly indicate that it is a CO~OQ instead of a natural pmon or partnership if not so contained in the name a~sent. "Company" or "Co." may not be Used as a corporate suffix by a nonprofit corporation.) 2. 1<114 O~ -(_U\.I( tf 0 3. tJ r- 0 S'" I ~ () $1 (State or country under the~Jw of which it is incorporated) (FEI nmnber, if applicable) 4. ;< / I )" ~ II 0 / s. ~ It ~ ~ ..,-,J Q L (Date oflncoiporatlon) . (Duration: Year eotp. WI I cease to exist or "perpetual") 7. IJA J-ra Ai q I .....\ Ii I -r JC '- C, f} ;/} ~ l(x ~ '- V"'r / .J J;:. 0 F ;:::" c:. ..-;;...s / ~ .1 (Prine"1 office adcm,ss) "' f,/ 1/ Y -r4 iJ f) 6. l} .> condu -10 G,V.c 4;"J1l ;J;~<- I 8. 9. Name and street address ofFIorida registered agent: (p.O. Box NOT acceptable) Name: !3 t( J /} rJ-r )(, ~ g J{, f(-r ~tn ~ t r-~ ~ Office Address: / r ~ tJ-rO L...1l1J ~ ~~ ~ " h ~~ ;= (}~0 ~ 4~ -r . Florida 3~'~J ~~ ~ m r- en '-,. O-of N :.....; 10. Registered agent's aeeeptance: ~ ~ .. HllVing been named (18 registered tlgent tIIId to accept service 01 process lor the IIhove stilted COrpfifiRolI ~he pl4ce dniglltUed in this app/ictdioll, I herebf IICCept the appointment tIS registered IIgent and 116"ee to act ill this ctIJ'acity. I furtlter agree W comply with the J"O.MOIIS of tdl sttllUtes nlalive to lite 'proper Dlld complete perfo""IIIIce of my ludn, 11114 I lUll fllmiliar willi and IICCept the ob/iglldollS of my position tIS regtsteie4 lIgent. --;J Ar~ (R~tJ:J.~) 11. Attached is a certificate of existence duly authenticated, not more than 90 days prior to delivery of this application to the Department of State, by the Secretary of State or other official having custody of corporate records in the jurisdiction under the law of which it is incorporated. 12. Names and addresses of officers and/or directors: A. DIRECTORS Chairman: Address: Vice Chairman: Address: Address: g ~ f I} ,.J-r k. ~ 11 K. f<;- I~ I fJ, ,J-r . /... Ii'l ,.; ~ J} J... /1 (2, /') q -.} -r t:::' 1.... .1 ~ / b 1 .s.tI~ej; k,... eJ':l<-r I ~ I ,.;-rt L. It ~ t;:- .-- J... to _ 0 4..J. -r ~ " ,1. ~, / . 'I Director: Address: Director: Address: VPt ~ --r6./l Of <. k 114 IV 3..J I (! ~ J.I.,-e; I< Jj f'.rr ~ '4 ,-V> =. r-~ Co'> c.n )>:;0 :z: "7i :t: ,." c:> ~i;! <.: -.. en 7.) - r ,.,,-< "f:" ""0 m ;'"TJ v :x r- en r-1 N . --; W ~:'r'l B. OFFICERS President: Vice President: -:-r o ~ ..l..l . ~ -.:::r;; .:. ~ill 1.. :,J.Iii tJ" --rl/ ItJ 4 JI1JJO e 1>'1 tJ Address: ;jy! I II/.-J () Secretary: Address: ~4u I J... .r- . .. /Jqt<. .J'G. k & If) d--... ~ r-1 an addendum to the application listing additional officers and/or directors. ;J t:) ^ 0 I() ( t.. t..- tJ.1/k. ~ "'11J AI {}t/t. Treasurer: Address: 13. (Signature of 14. -:,..;...... -, --.~.- ~..,- "Q~r ~h.~~WiJt!!i. STATE OF RHODE ISLAND AND PHOVIDENCE PLANTATIONS Office of tbe Secretary of State Matthew A. Brown Secrf:'tary of State The Office of the Secretary of State of the State of Rhode Island and Providence Plantations, HEREBY CERTIFIES, that The Veterans Support Organization a Rhode Island non-profit corporation, filed articles of incorporation in this office on the 12111 day of February 2001; and IT [S FURTHER CERTIFIED that as of this dale said non-profit corporation is duly organized and existing under and by virtue of tire laws of tile State of Rhode Island and is in good standing according to the records of tllis office. SIGNED AND SEALED tllis twenty- fourth day of October 2005. ~~ Secretary of State BY 'Wj [ . C c:uJ.tU{ Patricia L. Mor~an From: Sent: To: Subject: Attachments: Jeff [Jeff@Veteranssupportfl.org] Monday, May 03,20102:51 PM Patricia L. Morgan FW: VSO Financials 2008_FS,PDF; 2009_FS.PDF; VSO P&L 2007.xlsx; VSO Sal Sheet2007.xlsx From: Justin Wells [mailto:Justin@veteranssupportfl.org] Sent: Friday, April 30, 2010 10:12 AM To: jeff@veteranssupportfl.org Subject: FW: VSO Financials From: Bill Discuillo [mailto:bdiscuillo@nakowiczfinancial.com] Sent: Thursday, April 29, 2010 1:56 PM To: Justin Wells Cc: goodhumorbill@att.net; mike@nakowiczfinancial.com Subject: VSO Financials Justin, Attached are the financials you requested from John. For 2007 I had to give you the Quick Books P & L & Balance Sheet. If you need anything else or a report done a different way call me. Bill --~--,-, THE VETERANS SUPPORT ORGANIZATION Profit & Loss October 2006 - September 2007 J---- i Total ---- Income Contributions Income -----. Florida - - ---------_._-~----- Unrestricted --------_.~_._-- Total Contributions Income Total Income - ---------..----- - --------.-------.-. EXJ)en~!s,_ __~d~ertising Automobile Expense Bank Service Charges Contributions Contributions FL _I?ues and Subscriptions __E:I1lI?!()yee Welfare (deleted) _.flags & Pins _ Fun!~als - flower~JJ!~________m_ .. _,._._ _ _ n__~__._ Insurance ----- ,-,--, .---~----- ---.-.. . ----.~' -..-, ---1-----_._-- Internet ,_.___.____ _._.___.__ _n'" ______ Licenses and Permits --~----- ----- ....---._------- Mana~e~ __ _______.__________ Justin Wells ----..-------.------ ----- - ---- Kisbert ---~----- , _, Richard pay ~..!:' Van Houten (deleted) Subcontractors Total Managers Miscellaneous ----.--.- __ Offic.!_~u!'l?l~s _2ffi<:.e - Richard Florida (deleted) Total Office Supplies Outside Services __ 'postage Cll'lclR~li-"ery Printing and Reproduction Professional Fees __,_u__..._,_.....___., ~c.<:~~I1!~I'I~_~____n__ Total Professional Fees .. "--.....----.-------------------- --- ---. Program Expense n_~ent - Florida (Richard) (deletedL__ Rent-Office Repairs _. Computer Repairs (deleted) __Total Repairs Solicitors --- -------- nS~~I?~i!!l_,_ _._,_ Office _._-------~_.._----- Total Supplies $ $ 44,394.00 273,284.49 317,678.49 317,678.49 1 $ 10,855.25 9,720,73 106.40 13,597.95 53,133,69 65.00 1,662.90 11,393,65 32.10 ..------- 3,598.05 870.66 -- 520,50 57,751,00 7,368,00 6,100.00 5,200.00 2,733.00 110.00 79,262.00 1,990.32 13,625.95 359.59 13,985.54 48.00 308.63 378,00 I 1 -'-t,~~----~~------- -- $ ---- .__._~ i "-r-' I 4,575.00 4,575.00 ------------------------------_._------. 61.50 2,700.00 13,855.20 i $ - -.--.---j---.---" $ 75.00 75.00 37,224,00 231.56 481.38 712.94 $ $ $ 1,784.55 2,600.00 4,883.99 509,68 5,393.67 6,169.85 -- .----.---- 72.00 322.70 394.70 277,075.78 40,602.71 40602.71 Telephone ,!~~Jlhone. Fld Richard (delete~______~_ Travel & Ent - -------------- Travel - - ---."-.,------ .-..._------------------- Total Travel & Ent ----- -- - UnJ!~r"!s .FI()ri~Jcl~et~cl) Utilities -------..--------- -------- - ---..--------- ~il~ and Electric (~leteclL__________ Total Utilities Total Expenses Net Operating Income Net Income $ ;$ '1$ I --r----- 'f-- Thursday, Apr 29,201001 :12:26 PM GMT -4 - Cash Basis THE VETERANS SUPPORT ORGANIZATION ------~-~-----_.__..,._-------_._--------_.- Balance Sheet _._---_._-----~---- ________~!lof Septemb~r,~~,~2~07 __ ASSETS Current Assets ----------- Bank Accounts Bank Amer.South Fld -6941 -- ---------.,..-......-.---------- -"- ..-.----------- Bank Rhode Island ---------------- M & T Bank - New York -- -------------_._,---, Petty Cash Wachovia Total Bank Accounts Other Current Assets Other Current Assets ---- ---------.-- Total Other Current Assets ------------------..-".-..-,--,-------..-...---.------ Total Current Assets ---.-----.."..--,----- -~--~----- Fixed Assets -- - -----------..---------.- ---.- Equip!'lent Furniture & Fixtures - -------...---..- -- - --- -- ---. ___~:)i!J~_ _____ ______ Van Vehicles .. '.----.---.------------ ,_ u()r!.gillalc:o~!(dEl!etlt(jl Total Vehicles - -- --------------.- _ , Yehicles (deleted) Original Cost (deleted) Total Vehicles (dele~e.c:tL__________ ., Web-Site ---~-_._._._---- Total Fixed Assets -----..-------------..- ---- Other Assets -- ---'.-.------------------------------- RentI?ElPl?s~~_n~__________,_____________ UtiUty Deposit " .. "._.. Total Other Assets --------------------.- TOTAL ASSETS LIABILITIES AND EQUITY Liabilities ________...__.._...___m Current Liabilities - ---------------------- Other Current Liabilities --..---------- --- -----,------------------~--- Total Current Liabilities _" --_..0---.---------------------..- ______ Total Liabilities -----_..._...__.__._------_.~--- Equity Q~_ninJL Bal_~~uity Unrestricted Net Assets Net Income !()~_II:~.':'.!.~- TOTAL LIABILITIES AND EQUITY r---~--- .,-+- $ -$ r _$ -j~~n'__ _,_____ $ $ ----------------- L- --- $ $ ------{----- i-______._______.______~____ ._ i$ 1$ - --- --t-"-----------~- +----~---_. -- -----.. ,,--f - ,--_.._,-,--,------+--,--_.._------ $ $ ,.-. --'t- Total 15,040.01 -"'---- --------- 8,515,52 0,00 50.00 5,242.51 28,848.04 -7.00 7.00 28,841.04 1,756.20 4,326,28 - ___...__n_______ 300.00 12,843.00 __n________________ -10,208.00 --- - -..--..-- -- --'--_.-'-'._---- 5,104,00 5,104.00 5,104.00 5,104.00 1,905.00 21,130.48 0.00 0.00 0.00 49 971.52 0.00 0.00 0.00 9,368,81 - -- ------------.- 40,602,71 49,971.52 49 971.52 Thursday, Apr 29, 2010 01: 16: 18 PM GMT -4 - Cash Basis THE VETERANS SUPPORT ORGANIZATION FINANCIAL STATEMENTS Year Ended September 30, 2008 TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS' REPORT FINANCIAL STATEMENTS 1 Statement of Financial Position 2 Statement of Activities and Changes in Unrestricted Net Assets .........,.............,....................................... 3 Statement of Cash Flows .......,.......'...............................................,.....,........,.. 4 Notes to Financial Statements .......................................................................... 5 - 6 o ~rt~8~!I;!~J~2!2~~~}tL~~ INDEPENDENT AUDITORS' REPORT Board of Directors The Veterans Support Organization Lauderhill, Florida We have audited the accompanying statement of financial position of The Veterans Support Organization (Organization) as of September 30, 2008, and the related statements of activities and changes in unrestricted net assets and cash flows ,for the year then ended. These financial statements are the responsibility of the Organization's management. Our responsibility is to . express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Organization as of September 30, 2008, and changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. '1fi4:Jtv() "hf..n.u.eu.Lt' .,e~ October 7, 2009 36 Exchange Terrace Providence, RI 02903-1743 T 401.273.7600F 401.421.6799 20 Park Plaza, Suite 400 Boston, MA 02116-4326 T 617.948.2111 F 617.948.2501 ""-~D-K Member "'::~ r A worldwide association of independent accounting firms .....,..... Inl..Allt.A~.UI..'" THE VETERANS SUPPORT ORGANIZATION STATEMENT OF FINANCIAL POSITION September 30, 2008 ASSETS CURRENT ASSETS Cash $ 72,844 Prepaid expenses 15,617 TOTAL CURRENT ASSETS 88,461 PROPERTY AND EQUIPMENT Office furniture and equipment 17,901 Vehicles 29,508 47,409 Less accumulated depreciation 6,883 40,526 OTHER ASSETS Deposits 2,400 TOTAL ASSETS $ 131,387 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accrued expenses $ 1,442 UNRESTRICTED NET ASSETS 129,945 TOTAL LIABILITIES AND NET ASSETS $ 131,387 See accompanying notes to the financial statements. - 2- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS Year Ended September 30, 2008 REVENUES AND OTHER SUPPORT Contributions $ 1,024,554 Other 1,240 TOTAL REVENUES AND OTHER SUPPORT 1,025,794 EXPENSES Program service expenses: Donations 317,788 Subcontractors 321,337 Automobile expense 41,513 Uniforms 7,458 688,096 Management and general expenses: Advertising and promotion 53,039 Bank fees 1,519 Depreciation 5,570 Insurance 9,429 Managers 103,735 Miscellaneous 5,994 Office expense 14,343 Professional fees 6,664 Rent 22,033 Salaries and benefits 30,093 Telephone and internet 9,418 Travel and entertainment 8,390 Utilities 788 271,015 TOTAL EXPENSES 959,111 CHANGE IN UNRESTRICTED NET ASSETS 66,683 UNRESTRICTED NET ASSETS, beginning 63,262 UNRESTRICTED NET ASSETS, ending $ 129,945 See accompanying notes to the financial statements. - 3- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF CASH FLOWS Year Ended September 30,2008 CASH FLOWS FROM OPERATING ACTIVITIES Change in unrestricted net assets $ 66,683 Adjustment to reconcile change in unrestricted net assets to net cash from operating activities: Depreciation Changes in assets and liabilities: Prepaid expenses Deposits Accrued expenses Total adjustments 5,570 (13,831) (650) 1,435 (7,476) 59,207 (30,240) (30,240) 28,967 43,877 $ 72,844 NET CASH FROM OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property and equipment NET CASH FROM INVESTING ACTIVITIES NET CHANGE IN CASH CASH, beginning CASH, ending See accompanying notes to the financial statements. -4- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2008 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Founded in 2001, The Veterans Support Organization (Organization) was organized to help homelss, needy and disabled vertans. This mission is achieved through the collection of donations that the Organization in turn contributes to various organizations including the Department of Veterans Affairs Voluntary Services to support certain of its programs; including patient emergency needs, the patient coffee program and recreational activities. The Organization currently operates in Rhode Island, Florida and Georgia. The Organization is a non-profit corporation determined to be exempt from income taxes by the Internal Revenue Service under Section 501 (c)(3) of the Internal Revenue Code. Basis of Accountina The Organization reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit their use. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are released to unrestricted net assets and reported in the statement of unrestricted revenues and support, expenses, and changes in unrestricted net assets. During the year ended September 30, 2008, the Organization received only cash donations that had no donor stipulations limiting use of the funds. As a result, all such contributions were reported as unrestricted contributions in the accompanying statement of activities and changes in unrestricted net assets. The Organization reports gifts of land, buildings and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long- lived assets are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when donated or acquired long-lived assets are placed in service, Property and Equipment Property and equipment are recorded at cost, if purchased, or at fair value, if donated. These assets are depreciated over their estimated useful lives using the straight-line method over five years. Advertisina Costs The Organization expenses advertising costs as they are incurred. Advertising expense was $53,039 for the year ended September 30, 2008. - 5 - THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2008 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (US GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. NOTE 2 - OPERATING LEASES The Organization leases several offices throughout the states in which it operates under non-cancelable operating lease agreements, expiring at various dates through August 2009. Rent and lease expense for the year ended September 30, 2008 was approximately $22,000. Future minimum lease payments due in 2009 on operating leases in effect at September 30, 2008 are $8,945. -6- THE VETERANS SUPPORT ORGANIZATION FINANCIAL STATEMENTS Year Ended September 30, 2009 TABLE OF CONTENTS Page No. INDEPENDENT AUDITORS' REPORT FINANCIAL STATEMENTS 1 Statement of Financial Position 2 Statement of Activities and Changes in Net Assets ................... .....,...........,...,.....,.................................... 3 Statement of Cash Flows ,..........'.................,..,...................,............................ 4 Notes to Financial Statements ...........,...............,.............................................. 5 - 9 o ~rt~e~tt~~co~~ n~~~51 JdL~~~ INDEPENDENT AUDITORS' REPORT Board of Directors The Veterans Support Organization Warwick, Rhode Island We have audited the accompanying statement of financial position of The Veterans Support Organization (Organization) as of September 30, 2009, and the related statements of activities and changes in net assets and cash flows for the year then ended. These financial statements are the responsibility of the Organization's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion. the financial statements referred to above present fairly, in all material respects, the financial position of the Organization as of September 30, 2009, and changes in its net assets and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. ~v() irf.n.u.eu..u' '-l..~ February 10, 2010 36 Exchange Terrace Providence, RI 02903-1743 T 401.273.7600 F 401.421.6799 20 Park Plaza, Suite 400 Boston, MA 02116-4326 T 617.948.2111 F 617.948.2501 Memher " ~ DFK A worldwide association of independent accounting firm.I' ...."," '.11""10"1"".1., THE VETERANS SUPPORT ORGANIZATION STATEMENT OF FINANCIAL POSITION September 30, 2009 ASSETS CURRENT ASSETS Cash Accounts receivable other Employee receivable Inventory Prepaid expenses $ 123,178 8,000 9,606 88,740 5,992 235,516 38.819 10,949 5,582 113,736 169,086 28.170 140,916 14,219 $ 390,651 TOTAL CURRENT ASSETS PROPERTY AND EQUIPMENT Equipment Office furniture Leasehold improvements Vehicles Less accumulated depreciation and amortization OTHER ASSETS Deposits TOTAL ASSETS LIABILITIES AND NET ASSETS CURRENT LIABILITIES Note payable. current portion $ 4,898 Accounts payable 46,100 Accrued expenses 22.331 TOTAL CURRENT LIABILITIES 73,329 LONG-TERM LIABILITIES Note payable 880 Deferred rent 7,742 8,622 NET ASSETS Unrestricted 274,559 Temporarily restricted 34,141 TOTAL NET ASSETS 308,700 TOTAL LIABILITIES AND NET ASSETS $ 390,651 See accompanying notes to the financial statements. - 2 - THE VETERANS SUPPORT ORGANIZATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS Year Ended September 30, 2009 Temporarily U mes tricted Restricted Total PUBLIC SUPPORT AND REVENUE: Public Support Contributions $ 2,513,453 $ 34,141 $ 2,547,594 Revenue; In-kind contributions 22,628 22,628 Rental income 46,479 46,479 Other 5,040 5,040 74,147 74,147 Special Events: Revenue 2,941 2,941 Expense (21,191) (21,191) (18,250) (18,250) TOTAL PUBLIC SUPPORT AND REVENUE 2,569,350 34,141 2,603,491 EXPENSES Program service expenses: Automobile expense 88,147 88,147 Coupon books sold 1,260 1,260 Depreciation 13,303 13,303 Donations 404,531 404,531 Solicitation location fees 98,400 98,400 Solicitor pay and payroll taxes 795,452 795,452 Rent 116,774 116,774 Travel 31,055 31,055 Unifonns 21,979 21,979 Miscellaneous 1,574 1,574 1,572,475 1,572,475 Management and general expenses: Advertising and promotion 141,512 141,512 Bank fees 5,087 5,087 Depreciation and amortization 7,984 7,984 Insurance 27,618 27,618 Licenses and penn its 2,143 2,143 Managers 393,279 393,279 Miscellaneous 12,199 12,199 Office staff 32,276 32,276 Office expense 38,362 38,362 Payroll taxes 23,295 23,295 Postage and printing 7,275 7,275 Professional fees 47,474 47,474 Rent 55,112 55,112 Repairs and maintenance 6,963 6,963 Security 8,119 8,119 Telephone and internet 25,372 25,372 Travel and entertainment 10,183 10,183 Utilities 8.008 8,008 852,261 852,261 TOTAL EXPENSES 2,424,736 2,424,736 CHANGE IN NET ASSETS 144,614 34,141 178,755 NET ASSETS. beginning 129,945 129,945 NET ASSETS, ending $ 274,559 $ 34,141 $ 308,700 See accompanying notes to the financial statements, - 3- THE VETERANS SUPPORT ORGANIZATION STATEMENT OF CASH FLOWS Year Ended September 30, 2009 CASH FLOWS FROM OPERATING ACTIVITIES Change in net assets $ 178,755 Adjustment to reconcile change in unrestricted net assets to net cash from operating activities: Depreciation and amortization 21,287 Changes in assets and liabilities: Accounts recveivable. other (8,000) Employee receivable (9,606) Inventory (88,740) Prepaid expenses 9,625 Deposits (11,819) Accounts payable 46,100 Accrued expenses 20,889 Deferred rent 7,742 Total adjustments {12,522} NET CASH FROM OPERATING ACTIVITIES 166,233 CASH FLOWS FROM INVESTING ACTIVITIES Purchases of property and equipment (114,402) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of note payable (1,497) NET CHANGE IN CASH 50,334 CASH, beginning 72,844 CASH, ending $ 123,178 See accompanying notes to the financial statements. - 4- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 3D, 2009 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of ODerations Founded in 2001, The Veterans Support Organization (Organization) was organized to help homeless, needy and disabled veterans. This mission is achieved through the collection of donations that the Organization in turn contributes to various organizations including the Department of Veterans Affairs Voluntary Services to support certain of its programs; including patient emergency needs, the patient coffee program and recreational activities. The Organization currently operates in Rhode Island, Florida and Georgia. In addition, in 2009 the Organization began offering transitional housing for homeless veterans in Florida. Basis of Accounting The accompanying financial statements are presented on the accrual basis of accounting consistent with accounting principles generally accepted in the United States of America (US GAAP), and have been prepared to focus on the Organization as a whole and to present balances and transactions according to the existence or absence of donor restrictions. Accordingly, net assets and changes therin are classified as follows: Permanentlv restricted net assets - Net assets subject to a donor imposed restriction requiring they be maintained by the Organization in perpetuity. At September 30, 2009, the Organization had no permanently restricted net assets. TemDorarilv restricted net assets - Net assets subject to donor-imposed restrictions which may only be utilized in accordance with purposes established by the donor of such funds or the passage of time. Unrestricted net assets - Net assets not subject to donor-imposed restrictions or the donor-imposed restriction is satisfied on the temporarily restricted net asset in the same year the asset is received. The Organization reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit their use. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are released to unrestricted net assets and reported as such in the statement of activities. -5- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Basis of Accountina (Continued) The Organization reports gifts of land, buildings and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long- lived assets are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when donated or acquired long-lived assets are placed in service. Property and EQuipment Property and equipment are recorded at cost, if purchased, or at fair value, if donated. These assets are depreciated over their estimated useful lives using the straight-line method over five years, Contributed Services and Materials A branch manager of the Organization serves in this capacity on a volunteer basis. The value of this contributed service is reflected in the accompanying statements of activities as in-kind contributions and an offsetting expense. The value is estimated based upon the Organization's compensation policies at the date of receipt due to the fact that they create or enhance nonfinancial assets or require specialized skills which, if not provided by donation, would have to be purchased by the Organization. Deferred Rent The Organization recognizes rent expense on a straight-line basis over the term of the operating lease. Rent escalation provisions are considered in determining straight-line rent expense to be recorded over the lease term, The lease term began on the date of initial possession of the lease property for purposes of recognizing the expense on a straight-line basis over the term of the lease. Lease renewals are considered on a lease-by-Iease basis and are generally not included in the lease term. The difference between rent currently due under the terms of the lease agreement and rent expense is recorded as deferred rent on the accompanying balance sheet. -6- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 1 - Summary of Significant Accounting Policies (Continued) Inventory Inventory is comprised of coupon books purchased for resale. Inventory is stated at the lower of cost (first-in, first-out method) or market. Inventory consists of coupon books held for sale by the Organization, as well as on consignment with other organizations as follows: Held for sale Consignment $ 78,660 10.080 Total $ 88 740 Thrift Store Inventory During 2009, the Organization began renting space out of which a thrift store would be run. The thrift store was not operating as of September 30, 2009, but had begun to collect donations for purposes of stocking the store. Substantially all the items held for resale at the thrift store are donated to the Organization. Due to the uncertainty of the value and inadequate inventorying upon receipt. items received are not reported as inventory. Upon sale or other realization of value, the Organization will record the net amount received as income. Income Taxes The Organization qualifies as a tax-exempt organization as provided under Section 501(c)(3) of the Internal Revenue code and is classified as other than private foundation. Accordingly, no provision for federal and state income taxes has been reflected in the accompanying financial statements. Advertisina Costs The Organization expenses advertising costs as they are incurred. Advertising expense was $141,512 for the year ended September 30,2009. Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. - 7- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 2 - NOTE PAYABLE The Organization has a note payable in the original amount of $7,275 with a finance company for the purchase of a vehicle. Such note payable is secured by the vehicle for which the note was issued, The note payable charges interest at 12.95% and requires monthly payments of principal and interest of $447 through November 2010. Future scheduled principal payments under the note payable are $4,898 and $880 for the fiscal years ending September 30, 2010 and 2011, respectively. NOTE 3 - TEMPORARILY RESTRICTED NET ASSET As of September 30, 2009, the Organization's temporarily restricted net assets of $34,141 were restricted for the operation of the Organization's transitional housing program referred to through solicitation literature as New Life Haven. NOTE 4 - RELATED PARTY TRANSACTIONS During 2009, the Organization incurred expenses to a Board member totaling $23,328 for services rendered in connection with financial consulting, bookkeeping and tax services. As of September 30, 2009, all amounts incurred had been paid. NOTE 5 - OPERATING LEASES The Organization leases several commercial spaces throughout the states in which it operates under non-cancelable operating lease agreements, expiring at various dates through July 2012. Rent and lease expense for the year ended September 30,2009 was approximately $172,000. Future minimum lease payments under non-cancelable operating leases are as follows: Years Ending SeDtember 30. Amount 2010 2011 2012 $ 76,275 61,200 52,832 -8- THE VETERANS SUPPORT ORGANIZATION NOTES TO FINANCIAL STATEMENTS September 30, 2009 NOTE 6 - SUPPLEMENTAL CASH FLOW INFORMATION Net cash flows from operating activities, as reported in the accompanying statement of cash flows, reflect cash payments for interest of $290. The accompanying statement of cash flows excludes the effects of noncash investing and financing activities relating to the acquisition of certain transportation equipment through an the execution of note payable of $7,275, NOTE 7 - SUBSEQUENT EVENTS Events that occur after the balance sheet date but before the financial statements are available to be issued must be evaluated for recognition and disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events which provide evidence about conditions that occurred after the balance sheet date require disclosure in the accompanying notes. Management evaluated the activity of the Company through February 10, 2010 and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements. -9- ~TIIi"~S 4925 N University Dr. Lauderhill, FL 33351 "'~': :~:==:==-=:,::.~,~.:=:::'=::~,~:~.:=_::,~.,:=:'~'::" ~=--~, ' ___.,_" ___ .",..'.. ..":.',.,:,,...:,""'~AA . -,.... ---~, -c' . '. ,~...........\.- - ' - '(.'~..._...,,",~" ."- " ~ MIAMI P&DC~ Ti:'lS"'2' -"....',....--..."',~- ,." ,) , . ".$" .----..,- _,J""'''' .:~ ~~.-.. MON 03 1\:1AY 2.Gl0FM :..~=~. ...-, , ,--- --..-, ---.. "; ..~<.'~,... . ,";'.~""'-"""""" ,...,...+^-,...--- ~....,,,,,,- ~4-"""'-""""""~~'~"""-'~ ------....,.~"'''. .......'_ ~~.'V.u ....--.~...... ~.~~\."!"" -.~ ~"..if/(', ----..~ ~ -.,t.:r......~... ::.,,_.:"''.::::~:~::=-:~::::::::~:::::;~:='.::~.:::--;:::::::..:-:-:::::=::,':;:'~:~~~: Co\\\~( Cou-r-\ GO\Jer\'\MtlIt \\U\\dl\l9 f" Y"\n fLoor N\~f\~eS cw\d ReCDrds s'3G\ To.ffi~(\JY\\ Tr E No.~lts) tL 3Y\\:l Registrat. ".1 No. J1:>IV -' O~ COUNTY OF COLLIER, FLORIDA APPLICATION FOR LICENSE FOR:PUBLIC SOLICITATION OF CONTRIBUTIONS IN ACCORDANCE WITH ORDINANCE 76-57 1. (a) Name of public solicitor (PLEASE PRINT) \j? ~ fl (4'f\~ ~\UVPCl{-\> ()( ~M\-c~$')n (b) Purpose for which contributions are being solicited: \\C'J\:A0G \-\0'A{\r~~ \\'?~>\:-Ar.t\,,(,c.; \-n \'l\c\\E1 no\- "jf\-C(f~~ U\ \ou::\\ (.\(~ 2. (a) Principal Address: ~ ?15'A \ ~ j O~ \n.n rl 'PfU \( ~)\\ \ d 0 <:1\..1 L\-~ J ~ 2:>0;2.... ~\ l f'\( 'co, t... ~\. 0 o~ :5\ (b) Local Address: ~~L M ~ur.? (c) If no office maintained, the name and aq~rfss of the person having custody of financial records: ~\~. . 3. Names and addresses of any chapters, branches or affiliates in this county: ~E~, ~('Dcrro\ ~~,(.h. 4. (a) Date public solicitor legally established: 1(x)\ (b) Address at that time: 4L!lC\ \A.\CUW\CJl ~)?,o \\..\f.U.\l.\\Oi. _O:z.<OBl6 (c) Means by which solicitations will be made :'~)f\Q;ln(J'\\ $-,~. ~\O::.~. (d) If tax-exempt, state appropriate ~~tion of Internal Revenue Code and Tax-Exempt Number: a:)()\ ( ) ( 2} -::t\= en' c.."5\\~()eLl 5. Names and addresses of officers, directors, trustees and principal salaried executive staff officers (Attach separate page if necessary): So t: L V'PI?;? j'-., 'fuu:\ c' Xl f C), . l 6. (a) Are you presently authorized by any governmental authority to solicit funds? \A~~ If yes, state autho;ity, C~A"""L '" <;:~;$\", ~f 0. ,,( ~'?:l!' ~ \'l'.Q\. 6( C\\ \ OJ...\\'u...( C . Are you presently or have you ever been enjoined by any court U from soliciting funds? "-\('J (d) If yes, state circumstances, including case number and style: (b) (c) N\~. 7. State all purposes for which contributions solicited shall be used: ~~~\~t; ~ ~=~~ :::~:'~~ff~~~;~~::'\~~;~~~~D::~ ~~id WMcN:iw:2/8/77 \>'\OJ' < 'J-,i\ -'\iC)\'-J(V\t:U ~c-'<$\~,(J::> \)~~ . 8. Under what name or names will contributipns be solicited? ~ 'C. \'tJl ~~ ~\'i ~\?('){~ () (~\T.G.hD~ ~ t \<r .( \U\~ f\n 0 \.:\ ~L \\'A\.W f\ 9. Names, titles and addresses of all individuals who will have final responsibility for and custody of contributions: C~tr ~CX\y (\ rV~(!<( )::> lO. Names, titles and addresses of all individuals bility for final distribution of contributions ~t- ~ ~("'(\<; c\ - who will have responsi- collected: ~ \'i~Y' <' , . 11. Please furnish a financial statement providing complete disclosure of all fiscal activities for prior three (3) years. Specifically, identify the amount of funds raised and give a breakdown of all expenses incurred in the disbursement of said solicitations. This financial statement shall be verified under oath and attested to by the chief fiscal officer of the PU~.Citor. \:" r---..- \ ~ - __ Applicant (Signat ~ ~ ~1c1Ar()(~~~ i ; lJvw A~;(' . For: Each public solicitor shall annually, on or before March 1st, after the end of the calendar year, file with the Clerk of the Circuit Court a statement showing the financial condition of the public solicitor as of the last day of the calendar year. The statement shall be verified by a certified public accountant or submitted under oath by the executive officer of the public solicitor. WMcN: iw: 2/8177 - 2 - The answers to the attached questions are below: 1. A) Name of public solicitor: - Veterans Support Organization 2. A) Principal Address: - 8358 W. Oakland Park Blvd. Suite # 302. Sunrise, FL 33351 B) Local Address: - Same as above. C) If no office maintained, the name and address of the person having custody of financial records: - N/A 3 . Names and addresses of any chapters, branches, or affiliates in this county: - None 4. A) Date public solicitor legally established: - 2001 B) Address at the time: - 469 Warwick Ave. Warwick, RI 02888 C) Means by which solicitations will be made: - Donations request D) If tax-exempt, state appropriate section of Intemal Revenue Code and Tax-Exempt Number: - 50 1 (c)(3).Tax-Exempt #: 05-0516084 5. Names and Addresses of officers, directors, trustees and principal salaried executive staff officers: - Richard Van Houten: President/ Founder: 2330 SW 2ih Ave. Fort Lauderdale, FL 33312 - Justin Wells: Chief Operating Officer: 5065 Rosen Blvd. Boynton Beach, FL,33472 - John Nakowicz: Treasurer: 469 Warwick Ave. Warwick, RI 02888 6. A) Are you presently authorized by any governmental authority to solicit funds? - Yes. B) If yes, state authority: - State of Florida, Department of State and Department of Agriculture. C) Are you presently or have you ever been enjoined by any court from soliciting funds? -No D) If yes, state circumstances, including case number and style: - N/A 7. State all purposes for which contributions solicited shall be used: - Provide financial assistance to indigent veterans for housing, utilities, and any other necessities. To support local VA programs via Volunteer Services Department. 8. Under what name or names will contribution be solicited? - Veterans Support Organization (VSO) - Veterans New Life Haven. (VNLH) 9. Names, titles and addresses of all individuals who will have final responsibility for and custody of contributions: - Justin Wells: Chief Operating Officer: 5065 Rosen Blvd. Boynton Beach, FL 33472 - David Gray: Fundraiser: 7492 NW 33rd St. Lauderhill, FL 33319 - Ray Tutt: Fundraiser: 66561 NW 22nd St. Margate, FL 33063 - Robert Taylor: Fundraiser: 6651 NW 22nd St. Margate, FL 33063 - Antoine Nicolas: Fundraiser: 6861 SW 5th St. Pembroke Pines, FL 33023 - Nick Koleff: Fundraiser: 4682 SW 45th Terrace. Fort Lauderdale, FL 33314 - James Cooks: Fundraiser: 7321 NW 16th St. Plantation, FL 33312 - James Thomas: Fundraiser: 7301 NW 16th St. Plantation, FL 33313 - Emilio Cruz: Fundraiser: 10550 W. SR 84 Lot 211. Davie, FL 33324 - Michael Campinale: Fundraiser: 4116 Riverside Dr. C. Springs, FL 33065 - Robert Taylor: Fundraiser: 6651 NW 22nd St. Margate, FL 33063 - Christopher Calendar: Fundraiser: 6651 NW 22nd St. Margate, FL 33063 - Bryan Allison: Fundraiser: 6651 NW 22nd St. Margate, FL 33063 - John Nantz: Fundraiser: 6651 NW 22nd St. Margate, FL 33063 - John Leonard: Fundraiser: 21 Kentucky Ave. Ft. Lauderdale, FL 33312 - Daniel Major: Fundraiser: 7492 NW 33rd St. Lauderhill, FL 33319 - Joseph Gregus: Fundraiser: 21 Kentucky Ave. Ft. Lauderdale, FL 33312 - Barry Mullins: Fundraiser: 21 Kentucky Ave. Ft. Lauderdale, FL 33312 - Melvin Roberts: Fundraiser: 21 Kentucky Ave. Ft. Lauderdale, FL 33312 10. Names, titles and addresses of all individuals who will have responsibility for final distribution of contributions collected: - John Nakowicz: Treasurer: 469 Warwick Ave. Warwick, RI 02888 - Richard Van Houten: President/Founder: 2330 SW 2ih Ave. Fort Lauderdale, FL 33312 - Justin Wells: Chief Operating Officer: 5065 Rosen Blvd. Boynton Beach, FL 33472