Totals
- Total revenue
- $552,443
- Total expenses
- $507,125
- Contributions and grants received
- $556,338
- Grants paid
- $500,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$3,895
- Total assets, end of year
- $130,421
- Total liabilities, end of year
- $71,500
- Net assets or fund balances, end of year
- $58,921
- Program services expenses (Part IX)
- $500,000
- Management and general expenses
- $7,125
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $500,000
Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$48,226
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$508,112
-
1g · Noncash contributions included above
$8,161
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$16,500
-
8a · Fundraising events: contributions included on line 1c
$48,226
-
8b · Fundraising events: direct expenses
$20,395
-
8c · Net income from fundraising events
total -$3,895 · unrelated business $0 · excluded -$3,895
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $500,000 · program services $500,000
-
11g · Fees: other
total $217 · management and general $217
-
13 · Office expenses
total $1,384 · management and general $1,384
-
17 · Travel
total $880 · management and general $880
-
23 · Insurance
total $1,804 · management and general $1,804
-
24a · Other expenses: Miscellaneous
total $2,840 · program services $0 · management and general $2,840 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $171,543 · end of year $130,421
-
9 · Prepaid expenses and deferred charges
beginning of year $3,060
-
17 · Accounts payable and accrued expenses
beginning of year $159,500 · end of year $70,000
-
19 · Deferred revenue
beginning of year $1,500 · end of year $1,500
-
25 · Other liabilities
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $13,603 · end of year $58,921
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Our mission is to honor veterans and educate their legacy. We do so by raising money for DEA-qualified students and then contributing it to post-secondary institutions that agree to match our donation, administer the scholarship program, and report back to us annually.
-
Grants provided to educational institutions. $500,000 distributed to post-secondary institutions, and 173 scholarships provided.
Expenses $500,000 · Grants $500,000
As filed on the 2022 return.
Listed in Part VII
-
Alan R Gorthy
President
- Total calculated
- $0
- Hours/week
- 25
-
David W Cornell
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 20
-
Gregory B Gardner
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jessica Ramirez
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Stephen D Waldron
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 February 2023
- IRS schema version
- 2022v4.0
- Source object
- 202330599349301558
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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