Civic Intelligence

Stamps for the Wounded

EIN 03-6011525 • 501(c)3 • Dunn Loring, VA

Pub. 78 Eligible990-N Coverage

Profile

The mission of Stamps for the Wounded (SFTW) is to support US service members and veterans, especially those who are wounded, ill, isolated, or lonely by providing them with a useful activity : collecting, or working with postage stamps. SFTW provides collectible postage stamps, covers, albums, and supplies to veterans who wish to start, or continue collecting stamps, or using them for art projects.

PO Box 297Dunn Loring, VA 22027-0297

www.stampsforthewounded.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$397,814

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$397,814

No earlier filing loaded for comparison.

Revenue

$525,733

No earlier filing loaded for comparison.

Expenses

$148,166

No earlier filing loaded for comparison.

Net Income

$377,567

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2023: $397,814Liabilities 2023: $0Net Assets 2023: $397,8142023

Highlighted filing

2023

Assets$397,814
Liabilities$0
Net Assets$397,814

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2023: $525,733Expenses 2023: $148,166Net Income 2023: $377,5672023

Highlighted filing

2023

Revenue$525,733
Expenses$148,166
Net Income$377,567

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$5.26$1.48$3.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$582,247
Mission and Program Overview

Mission

The mission of Stamps for the Wounded (SFTW) is to support US service members and veterans, especially those who are wounded, ill, isolated, or lonely by providing them with a useful activity : collecting, or working with postage stamps. SFTW provides collectible postage stamps, covers, albums, and supplies to veterans who wish to start, or continue collecting stamps, or using them for art projects.

To support veterans, including those who are wounded, ill, isolated, or otherwise in need by providing them with a useful activity : collecting, or working with postage stamps. SFTW provides collectible postage stamps, philatelic covers, supplies and literature to veterans who wish to start, or continue stamp collecting, or to use them for arts and craft projects. SFTW was founded in 1942 to accept donations of philatelic materials and supplies, sort them, and supply them without charge to US veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$0$339,674▲ $339,674
Savings and Temporary Cash Investments$20,247$58,140▲ $37,893
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$20,247$397,814▲ $377,567
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,247$397,814▲ $377,567
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$20,247$397,814▲ $377,567
Total Liabilities and Net Assets / Fund Balance$20,247$397,814▲ $377,567
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert B JensonPresident
Bruce G UnkelSecretary
Dennis A Clark JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$378,423
Program Service Revenue
$0
Investment Income
$18
Other Revenue
$147,292
All Other Contributions
$378,423
Change in Net Assets
$377,567

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Collectibles4,151$372,766Est Fair Market Value (FMV)
Total Noncash Contributions4,151$372,766-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,166
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$9,717$835$0$10,552
Occupancy$5,859$0$0$5,859
Other Expenses$5,000$0$0$5,000
Advertising$0$2,855$0$2,855
Total Functional Expenses$144,476$3,690$0$148,166
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

All members of the Board receive a draft copy of Form 990 for review and comments.

Form 990, Part VI, Section C, Line 19

All available documents are made available upon request.

Form 990, Part VIII, Line 11A 11B 11C

Until 2023, SFTW has interpreted "gross receipts" to mean cash receipts. Financial reports and records for non-cash transactions and assets were not created. Line 11a represents a one-time correction to non-cash assets that are held for distribution to veterans as part of the Veteran Stamp Program. This revenue is residual undistributed donations from previous years.

Filing and Contact Details

Filer

Filer Name
Stamps for the Wounded
EIN
03-6011525
Phone
2402429622
Address
PO BOX 297, DUNN LORING, VA 22027-0297

Signing Officer

Name
Robert Jenson
Title
President
Phone
2402429622
Signed
2024-11-15

Organization Details

Principal Officer
Robert B Jenson
Formed
1942
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
19
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 8

Prior Year Numbers: Until November 2023, Stamps for the Wounded (SFTW) has interpreted "gross receipts" to mean cash receipts. Financial reports and records for non-cash transactions and assets were not created. This Form 990 brings the non-cash assets of the organization onto the balance sheet and accounting for revenue and expenses.

Form 990, Part III, Line 2

No change in services provided since 1942. SFTW filed Form 990-N in previous years.

Form 990, Part V, Line 7G

No such contributions received.

Form 990, Part V, Line 7H

No such contributions received.

Form 990, Part IX, Line 24A - 24D

SFTW fulfills its charitable mission by shipping stamps, supplies, literature and related items to veterans in the Veteran Stamp Program. All materials shipped are donated non-cash items, or purchased with cash donations or cash received from the sale of donated materials.

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IRS990/MissionDesc0The mission of Stamps for the Wounded (SFTW) is to support US service members and veterans, especially those who are wounded, ill, isolated, or lonely by providing them with a useful activity : collecting, or working with postage stamps. SFTW provides collectible postage stamps, covers, albums, and supplies to veterans who wish to start, or continue collecting stamps, or using them for art projects.
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IRS990/NoncashContributionsAmt0372766
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt05859
IRS990/OccupancyGrp/TotalAmt05859
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0835
IRS990/OfficeExpensesGrp/ProgramServicesAmt09717
IRS990/OfficeExpensesGrp/TotalAmt010552
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Distribution of Donated Materials to Veterans
IRS990/OtherExpensesGrp/Desc1Use of donated stamps for shipping materials to veterans
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt0123900
IRS990/OtherExpensesGrp/ProgramServicesAmt15000
IRS990/OtherExpensesGrp/TotalAmt0123900
IRS990/OtherExpensesGrp/TotalAmt15000
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ONE-TIME CORRECTION TO ACCOUNT FOR NON-CASH DONATED ASSETS FROM PRIOR YEARS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0147292
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0147292
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0147292
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ROBERT B JENSON
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Not Applicable.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Not Applicable
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07341
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt030590
IRS990/PYOtherRevenueAmt023429
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0189
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt030590
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt030779
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0377567
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00

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