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VETERINARY EDUCATIONAL TEXTBOOKS & SUPPLIES INC: Form 990EZ, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
VETERINARY EDUCATIONAL TEXTBOOKS & SUPPLIES INC (EIN 58-1548593)
Tax period
2019-11-01 to 2020-10-31
Filed
2021-03-03
IRS object ID
202130629349200908
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-03-03T11:44:28-06:00ReturnTs
Tax Period End2020-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN561137607PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JAMES A LUCAS AND COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14909 WESTERN BLVD STE 200AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP276061749ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2019-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581548593EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VETERINARY EDUCATIONAL TEXTBOOKS &BusinessNameLine1Txt
Business Name Line2SUPPLIES INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlVETEBusinessNameControlTxt
Phone9195136500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11060 WILLIAM MOORE DRIVEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27607ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMEGHAN RUTOWSKIPersonNm
Person TitlePRESIDENT/ TREASURERPersonTitleTxt
Phone9195136500PhoneNum
Signature2021-02-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANNA HERGENRADERPreparerPersonNm
PTINP00632157PTIN
Phone9198514696PhoneNum
Preparation2021-02-22PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressCLUBS.NCSU.EDU/VETSWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$54,388GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Investment Income$623InvestmentIncomeAmt
Gross Sales Of Inventory$53,765GrossSalesOfInventoryAmt
Cost Of Goods Sold$43,187CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$10,578GrossProfitLossSlsOfInvntryAmt
Total Revenue$11,201TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$10,307FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$11PrintingPublicationsPostageAmt
Other Expenses Total$2,136OtherExpensesTotalAmt
Total Expenses$12,454TotalExpensesAmt
Excess Or Deficit For Year-$1,253ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$197,835NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$196,582NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$183,897BOYAmt
EOY$182,786EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$13,938BOYAmt
EOY$13,796EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$197,835BOYAmt
EOY$196,582EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$197,835BOYAmt
EOY$196,582EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeV.E.T.S. IS A STUDENT-RUN, NON-PROFIT ORGANIZATION DEDICATED TO MAKING STUDENTS' ACQUISITION OF VETERINARY TEXTBOOKS AND SUPPLIES EASIER AND MORE AFFORDABLEPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtProgram Service ExpensesProgramServiceExpensesAmt
STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.
STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.$7,024
FieldValueIRS element (for citing)
Total Program Service Expenses$7,024TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (13 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MEGHAN RUTOWSKI
PRESIDENT/ T000.00$0
ALEXIS SOUTHER
2024 TEXTBOO000.00$0
ABBY COX
2023 CLASS R000.00$0
EMMA VAUGHAN
2023 TREASUR000.00$0
AMANDA COX
2024 SUPPLIE000.00$0
KAYLA BONADIE
2024 TREASUR000.00$0
HANNAH SATHER
2022 CLASS R000.00$0
PAOLA CRUZ RAMOS
2022 SUPPLIE000.00$0
DANIEL MEJIA
2022 TEXTBOO000.00$0
KAITLIN DALY
2023 SUPPLIE000.00$0
BRITTANI RAINESS
2023 TEXTBOO000.00$0
ALEXIS ROACH
2023 SECRETA000.00$0
JAIME CALCAGNO
2024 CLASS R000.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES A LUCAS AND COMPANY LLPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14909 WESTERN BOULEVARD SUITE 200AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27606ZIPCd
FieldValueIRS element (for citing)
Phone9198514696PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$432CurrentTaxYearMinus3YearsAmt
Total$432TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$106,669CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$82,761CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$76,119CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,996CurrentTaxYearMinus1YearAmt
Current Tax Year$54,388CurrentTaxYearAmt
Total$383,933TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$106,669CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$83,193CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$76,119CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,996CurrentTaxYearMinus1YearAmt
Current Tax Year$54,388CurrentTaxYearAmt
Total$384,365TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$384,365PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$142CurrentTaxYearMinus4YearsAmt
Total$142TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$142CurrentTaxYearMinus4YearsAmt
Total$142TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$106,811CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$83,193CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$76,119CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$63,996CurrentTaxYearMinus1YearAmt
Current Tax Year$54,388CurrentTaxYearAmt
Total$384,507TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99960PublicSupportCY509Pct
Public Support PY5090.99940PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16SALE OF INVENTORY 546 OFFICE EXPENSE 842 INSURANCE 748 TOTAL 2,136
FORM 990-EZ, PART II, LINE 24INVENTORIES FOR SALE OR USE 13,938 13,796 EQUIPMENT 5,859 5,859 LESS ACCUMULATED DEPRECIATION 5,859 5,859 TOTAL 13,938 13,796
FORM 990-EZ, PART II, LINE 26SALES TAX PAYABLE 0 0 CREDIT CARD PAYABLE 0 0
FORM 990-EZ, PART IIIV.E.T.S. IS A STUDENT-RUN, NON-PROFIT ORGANIZATION DEDICATED TO MAKING STUDENTS' ACQUISITION OF VETERINARY TEXTBOOKS AND SUPPLIES EASIER AND MORE AFFORDABLE
FORM 990-EZ, PART III, LINE 28STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.
FORM 990-EZ, PART III, LINE 31STUDENT REPRESENTATIVES CONSULT WITH THE PROFESSORS TO DETERMINE WHAT BOOKS AND SUPPLIES THEY WANT STUDENTS TO HAVE FOR THEIR CLASSES. THEN THEY NEGOTIATE WITH SUPPLIERS TO GET THE BEST PRICES POSSIBLE BECAUSE OF THE PURCHASING POWER OF BULK ORDERING. V.E.T.S IS RUN BY THE STUDENTS FOR THE STUDENTS.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS DIRECTLY OR INDIRECTELY ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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