Totals
- Total revenue
- $485,926
- Total expenses
- $578,953
- Contributions and grants received
- $465,888
- Grants paid
- $0
- Program service revenue
- $20,005
- Investment income
- $0
- Other revenue
- $33
- Total assets, end of year
- $448,213
- Total liabilities, end of year
- $524,714
- Net assets or fund balances, end of year
- -$76,501
- Program services expenses (Part IX)
- $457,486
- Management and general expenses
- $79,988
- Fundraising expenses
- $41,479
- Program service expenses (Part III)
- $457,486
Program services were 79.0% 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
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$30,000
-
1f · All other contributions, gifts and grants
$435,888
-
1g · Noncash contributions included above
$465
-
2a · Program service revenue: Registration Fees
total $20,005 · related or exempt $20,005 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
10a · Gross sales of inventory
$46
-
10b · Cost of goods sold
$13
-
10c · Net income from sales of inventory
total $33 · related or exempt $0 · unrelated business $0 · excluded $33
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $83,287 · program services $64,369 · management and general $11,018 · fundraising $7,900
-
7 · Other salaries and wages
total $173,685 · program services $148,449 · management and general $23,899 · fundraising $1,337
-
8 · Pension plan contributions
total $3,046 · program services $2,269 · management and general $740 · fundraising $37
-
9 · Other employee benefits
total $12,203 · program services $11,472 · management and general $702 · fundraising $29
-
10 · Payroll taxes
total $22,945 · program services $18,757 · management and general $3,399 · fundraising $789
-
11g · Fees: other
total $86,778 · program services $66,150 · management and general $11,304 · fundraising $9,324
-
12 · Advertising and promotion
total $33,139 · program services $33,011 · fundraising $128
-
13 · Office expenses
total $21,643 · program services $6,216 · management and general $938 · fundraising $14,489
-
16 · Occupancy
total $8,155 · program services $55 · management and general $8,100
-
17 · Travel
total $21,698 · program services $18,826 · management and general $33 · fundraising $2,839
-
19 · Conferences, conventions and meetings
total $1,549 · program services $1,549
-
20 · Interest
total $13,421 · management and general $13,421
-
22 · Depreciation, depletion and amortization
total $7,062 · program services $6,282 · management and general $780
-
23 · Insurance
total $4,176 · program services $1,527 · management and general $2,632 · fundraising $17
-
24a · Other expenses: Recon Events
total $22,225 · program services $22,225 · management and general $0 · fundraising $0
-
24b · Other expenses: Recon Grad Benefits
total $11,700 · program services $11,700 · management and general $0 · fundraising $0
-
24c · Other expenses: Bladesmithing
total $23,069 · program services $23,069 · management and general $0 · fundraising $0
-
24d · Other expenses: Dues and Subscriptions
total $11,363 · program services $3,751 · management and general $3,022 · fundraising $4,590
-
24e · All other expenses
total $17,809 · program services $17,809
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $413,921 · end of year $262,289
-
3 · Pledges and grants receivable
beginning of year $102,225 · end of year $118,465
-
8 · Inventories for sale or use
beginning of year $5,901 · end of year $12,343
-
9 · Prepaid expenses and deferred charges
beginning of year $38,639 · end of year $38,151
-
10a · Land, buildings and equipment: cost or other basis
$35,310
-
10b · Land, buildings and equipment: accumulated depreciation
$18,345
-
10c · Land, buildings and equipment, net
beginning of year $24,027 · end of year $16,965
-
17 · Accounts payable and accrued expenses
beginning of year $51,145 · end of year $20,699
-
23 · Secured mortgages and notes payable
beginning of year $517,042 · end of year $504,015
-
27 · Net assets without donor restrictions
beginning of year $10,355 · end of year -$110,751
-
28 · Net assets with donor restrictions
beginning of year $6,171 · end of year $34,250
Mission and programs · 2023
Mission
Provide happier, healthier lives for veterans living with trauma.
-
23V Recon Program: 14 week reconditioning program to train military and veterans to live comfortably and successfully in civilian society. The program encompasses positive psychology, fitness, camaraderie, outdoor wellness and active exposure trigger retraining. In 2023, 23V Recon Groups XII, XIII and XIV positively impacted the lives of veterans and civilians.
Expenses $274,468
-
Community Engagement: Education for community groups, universities, military units, and employers. Training post-traumatic stress, why its common in military culture and how to create an environment more conducive for veterans. Ruck Life Ruck March: The Duluth Ruck Life held on May 20, 2023 had 220 ruckers. The Twin Cities Ruck Life held on August 5, 2023 had 147 ruckers.
Expenses $129,070 · Revenue $20,005
-
Bladesmithing: Sharp-art therapy program designed to motivate isolated veterans to take part in a weekly team event while creating a piece of usable art. The bladesmithing program is a way for 23V Recon Graduates to remain engaged and share their experience in 23V Recon with other veterans who may be in need of our immersive 14-week program.
Expenses $53,948
As filed on the 2023 return.
Listed in Part VII
-
Michael Waldron
Executive Director
- Total calculated
- $83,287
- From this org
- $82,987
- From related orgs
- $0
- Other
- $300
- Hours/week
- 40
-
Nathan Helder
Secretary/Chair
- Total calculated
- $0
- Hours/week
- 10
-
Bryan Maslowski
Treasurer
- Total calculated
- $0
- Hours/week
- 10
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
- 2023
- Filed
- 24 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431519349300303
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