Nonprofit · EIN 26-2291955
VETERAN TICKETS FOUNDATION
Tax-exempt · TEMPE, AZ 85281
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $407,254,965 | $402,149,108 | $5,105,857 | $17,792,971 | $388,960 | $17,404,011 |
| December 31, 2024 | 990 | $298,643,996 | $293,755,451 | $4,888,545 | $12,300,580 | $2,426 | $12,298,154 |
| December 31, 2023 | 990 | $228,709,698 | $228,063,150 | $646,548 | $7,445,214 | $35,605 | $7,409,609 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $378,388,902
- Program service revenue
- $28,563,256
- Investment income
- $302,807
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,097,620
- Salaries, compensation and benefits (total)
- $6,332,007
- Professional fundraising fees
- $0
- Occupancy
- $523,631
- Travel
- $243,762
- Depreciation
- $57,586
- Program services (functional)
- $399,596,639
- Management and general (functional)
- $1,284,060
- Fundraising (functional)
- $1,268,409
Balance sheet and other
- Total assets, start of year
- $12,300,580
- Total assets, end of year
- $17,792,971
- Total liabilities, end of year
- $388,960
- Net assets, end of year
- $17,404,011
- Land, buildings and equipment
- $283,636
- Net assets without donor restrictions
- $17,404,011
- Gross receipts
- $407,254,965
- Employees
- 39
- Volunteers
- 6
- Year formed
- 2008
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CEO MICHAEL A FOCARETO 111 | CEO/CFO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $366,795 |
| COO EDWARD RAUSCH | CHAIRMAN & COO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $366,795 |
| CTO FLOYD HOGAN 111 | CTO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $364,030 |
| ACCOUNTING CYNTHIA CREED | TREASURER/SECRETARY Trustee or director | 10 | $84,248 |
| CHRIS BLINDHEIM | DIRECTOR Trustee or director | 0 | $0 |
| DWAYNE SOMERS | DIRECTOR Trustee or director | 0 | $0 |
| ROGER A GRAD | DIRECTOR Trustee or director | 0 | $0 |
| TRAVIS LEACH | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA BERRY | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COO EDWARD RAUSCH | CHAIRMAN & COO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $332,000 |
| CTO FLOYD HOGAN 111 | CTO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $332,000 |
| CEO MICHAEL A FOCARETO 111 | CEO/CFO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $330,000 |
| ACCOUNTING CYNTHIA CREED | TREASURER/SECRETARY Trustee or director | 10 | $47,357 |
| CHRIS BLINDHEIM | DIRECTOR Trustee or director | 0 | $0 |
| DWAYNE SOMERS | DIRECTOR Trustee or director | 0 | $0 |
| ROGER A GRAD | DIRECTOR Trustee or director | 0 | $0 |
| TRAVIS LEACH | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA BERRY | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD RAUSCH | CHAIRMAN & COO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $296,000 |
| FLOYD HOGAN 111 | DIRECTOR Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $296,000 |
| MICHAEL A FOCARETO 111 | CEO/CFO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $288,354 |
| CYNTHIA CREED | TREASURER/SECRETARY Trustee or director | 10 | $16,840 |
| CHRIS BLINDHEIM | DIRECTOR Trustee or director | 0 | $0 |
| DWAYNE SOMERS | DIRECTOR Trustee or director | 0 | $0 |
| ROGER A GRAD | DIRECTOR Trustee or director | 0 | $0 |
| TRAVIS LEACH | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA BERRY | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1255 W RIO SALADO PARKWAY, TEMPE, AZ 85281-2816
- In care of
- % MIKE FOCARETO
- Principal officer (990 for 2025)
- MICHAEL FOCARETO 111, 1255 W RIO SALADO PARKWAY, TEMPE, AZ 85281
- Signed the 990
- MICHAEL FOCARETO 111, CEO
- Phone
- (602) 421-6769
- Website
- WWW.VETTIX.ORG
- Return prepared by
- CREED & ROBINSON PLLC
Mission
TO GIVE BACK TO THOSE INDIVIDUALS THAT HAVE SERVED THE UNITED STATES OF AMERICA. wE SERVE THE COMMNITY OF ACTIVE DUTY, RETIRED AND HONOARBLE DISCHARGED VETERANS
Program accomplishments
- 6,042,441 MILLON TICKETS WERE DELIVERED TO ACTIVE DUTY, RETIRED AND HONORABLE DISCHARGED VETERANS AND 1ST RESONDERS.Expenses $399,483,368 · revenue $407,254,965
- 35 WISHES WERE GRANTED.Expenses $113,271
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2291955
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W30)
- Assets (IRS master file)
- $17,792,971
- Income (IRS master file)
- $407,254,965
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $407,254,965 | $402,149,108 | $17,792,971 | XML |
| 990 | December 2024 | $298,643,996 | $293,755,451 | $12,300,580 | IRS |
| 990 | December 2023 | $228,709,698 | $228,063,150 | $7,445,214 | XML |
| 990 | December 2022 | $171,576,223 | $168,227,690 | $6,785,734 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2291955).
Questions about VETERAN TICKETS FOUNDATION
- What is the EIN of VETERAN TICKETS FOUNDATION?
- The employer identification number (EIN) of VETERAN TICKETS FOUNDATION is 26-2291955.
- Is VETERAN TICKETS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to VETERAN TICKETS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VETERAN TICKETS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VETERAN TICKETS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VETERAN TICKETS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VETERAN TICKETS FOUNDATION?
- The 990 for the year ended December 31, 2025 names MICHAEL FOCARETO 111.
- Who are the officers and directors of VETERAN TICKETS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 4 received compensation from the organization, the highest $366,795 (CEO MICHAEL A FOCARETO 111, CEO/CFO).
- How much revenue does VETERAN TICKETS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $407,254,965, expenses of $402,149,108 and total assets of $17,792,971 at year end.
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All nonprofits in TEMPE · Arizona · Public and societal benefit