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Mei Tanaka, Grants and Development Manager 4 min read

Our annual report and Form 990 are published in full. Here is the short version: 84 cents of every dollar went directly to veteran programs.

Every year we publish the full annual report and the Form 990 rather than a summary with the uncomfortable parts removed. Both are linked from the transparency page, and both are worth more of your attention than this article.

The headline number: 84 cents of every dollar went directly to veteran programs. Nine cents went to fundraising, which is what generates the next year of program funding, and seven cents went to administration, which is what keeps the doors open and the audit clean.

Program spending broke down about as you would expect from the demand we see. Housing assistance was the largest single line, followed by benefits and claims staffing, then mental health services, then employment programs. Housing is expensive because rent is expensive, and because keeping someone housed for a year costs far less than rehousing them twice.

We are audited annually by an independent firm, and our board reviews the budget quarterly in public session. Meeting agendas and approved minutes are posted on the notices page before and after each meeting.

Freedom Ridge VRC is a fictional demonstration organization. This story, its author, and everyone in it are invented.

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