Program 1 · 0% of program spending $113K
35 wishes were granted.
The 990 read · EIN 26-2291955 · AZ · Fiscal year 2025
Veteran Tickets Foundation
Veteran Tickets Foundation: CEO salary, finances and where donations go
In its own words
“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…”
Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.
Methodology by Amir Arani, CPA, CA · Updated
- Top pay
- $367K CEO Michael a Focareto 111, 0.1% of spending
- Revenue
- $407.3M 92.9% from donations and grants
- Spent
- $402.1M 99.4% on programs, as reported
- Net assets
- $17.4M end of 2025
- Savings
- 0.5 months of spending, net assets ÷ spending
- People
- 39 employees, 6 volunteers
01 · Red flags
No red flags in its latest filing.
We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.
No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.
02 · Where $1 goes · 2025
Of each dollar it spent, 99.4¢ went to programs, as reported.
The split the charity filed.
Cost to raise $1
0¢
as reported
For each dollar donated, Veteran Tickets Foundation spent 0¢ on fundraising.
Fundraising ÷ $378.4M contributions · Form 990 Parts VIII, IX03 · What it does
What it told the IRS it spent on.
The charity's own description of its largest programs, with what each cost.
04 · The savings
Net assets: $100K to $17.4M in 11 years.
Net assets at each fiscal year end, 2013 to 2025.
0
0
1
1
1
1
2
0
3
7
7
17
05 · Who gets paid
The 4 highest-paid people.
Reportable pay in 2025, from the charity and related organizations.
CEO Michael a Focareto 111
CEO/CFO
$366,795
COO Edward Rausch
Chairman & COO
$366,795
Cto Floyd Hogan 111
Cto
$364,030
Accounting Cynthia Creed
Treasurer/Secretary
$84,248
06 · Questions
The questions people ask about the Veteran Tickets Foundation.
Short, sourced answers. Each one stands on its own.
How much does the Veteran Tickets Foundation CEO make?
CEO Michael a Focareto 111, CEO/CFO, received $366,795 in reportable compensation in 2025, 0.1% of Veteran Tickets Foundation's $402.1M in spending.
Form 990 (2025), Part VIIWhat percentage of Veteran Tickets Foundation donations go to programs?
Veteran Tickets Foundation reported 99.4% of 2025 spending as programs, 0.3% as fundraising and 0.3% as management.
Form 990 (2025), Part IXHow much money does Veteran Tickets Foundation have?
Net assets were $17.4M at the end of 2025, about 0.5 months of spending.
Form 990 (2025), Part XDoes Veteran Tickets Foundation have any red flags in its filing?
Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.
Form 990 (2025)07 · Sources and citing
Every number, traced.
- Veteran Tickets Foundation Form 990, 2025 (IRS e-file)
- Veteran Tickets Foundation Form 990 history (ProPublica Nonprofit Explorer)
Cite this page
Amir Arani, “Veteran Tickets Foundation: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/veteran-tickets-foundation/