Civic Intelligence

Women Marines Association

990 • Fiscal year 2016 • EIN 23-7084026

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 05, 2016

PO Box 377Oaks, PA 19456-0377

(484) 920-1173

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

51st percentile

1.5%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,644,623

Up $39,706 (+1.5%) from 2015

Net Assets

Up

$2,644,623

Up $39,706 (+1.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$205,609

Down $153,538 (-43%) from 2015

Expenses

Up

$165,903

Up $1,126 (+0.7%) from 2015

Net Income

Down

$39,706

Down $154,664 (-80%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,604,917Liabilities 2015: $0Net Assets 2015: $2,604,9172015Assets 2016: $2,644,623Liabilities 2016: $0Net Assets 2016: $2,644,6232016Assets 2017: $2,858,262Liabilities 2017: $0Net Assets 2017: $2,858,2622017Assets 2018: $3,043,159Liabilities 2018: $0Net Assets 2018: $3,043,1592018Assets 2019: $3,166,117Liabilities 2019: $40Net Assets 2019: $3,166,0772019Assets 2020: $2,834,264Liabilities 2020: $31,003Net Assets 2020: $2,803,2612020Assets 2022: $2,618,742Liabilities 2022: $36,513Net Assets 2022: $2,582,2292022Assets 2024: $2,381,859Liabilities 2024: $19,843Net Assets 2024: $2,362,0162024

Highlighted filing

2016

Assets$2,644,623
Liabilities$0
Net Assets$2,644,623

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2015: $359,147Expenses 2015: $164,777Net Income 2015: $194,3702015Revenue 2016: $205,609Expenses 2016: $165,903Net Income 2016: $39,7062016Revenue 2017: $246,744Expenses 2017: $188,689Net Income 2017: $58,0552017Revenue 2018: $298,617Expenses 2018: $221,961Net Income 2018: $76,6562018Revenue 2019: $180,990Expenses 2019: $188,310Net Income 2019: -$7,3202019Revenue 2020: $217,178Expenses 2020: $255,947Net Income 2020: -$38,7692020Revenue 2022: $269,788Expenses 2022: $338,429Net Income 2022: -$68,6412022Revenue 2024: $208,345Expenses 2024: $318,891Net Income 2024: -$110,5462024

Highlighted filing

2016

Revenue$205,609
Expenses$165,903
Net Income$39,706
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 5, 2016
Return Version
2015v3.0
Gross Receipts
$205,609
Mission and Program Overview

Mission

Wma provides training and educational opportunities for its members and military veterans, service programs to support veterans, a program to provide grants of emergency funds to veterans in need, matching funds to chapters that are supporting veterans programs. Wma also provides recognition awards to outstanding graduates of marine corps recruit platoons and to outstanding cadets in marine corps junior reserve officer training corps in various high schools. Wma administers and funds a college scholarship program that supports individuals who are affiliated with the united states marine corps.

Wma is a 501(c)3 non-profit charitable organization comprised of women who have served or are serving honorably in the united states marine corps regular or reserve components. Wma conducts charitable and educational opportunities for its members and military veterans, service programs to support veterans, a program to provide grants of emergency funds to veterans in need, and matching funds and grants to chapters that are supporting programs at va medical centers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,031,679$2,389,315▲ $357,636
Investments Other Securities$560,697$162,190▼ $398,507
Cash and Non-Interest-Bearing Accounts$4,551$70,000▲ $65,449
Intangible Assets-$11,576-
Other Notes and Loans Receivable, Net$7,500$7,500→ $0
Prepaid Expenses and Deferred Charges$204$2,209▲ $2,005
Inventories for Sale or Use$286$1,833▲ $1,547
Total Assets$2,604,917$2,644,623▲ $39,706
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,417,257$1,459,856▲ $42,599
Unrestricted Net Assets$1,187,660$1,184,767▼ $2,893
Total Net Assets Fund Balance$2,604,917$2,644,623▲ $39,706
Total Liabilities and Net Assets / Fund Balance$2,604,917$2,644,623▲ $39,706

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$162,190--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betty Moseley-brownPresident
Laura L Brown1st Vice Pre
Tracy Crow2nd Vice Pre
Leasha West3rd Vice Pre
Jamie B DepaolaArea 01 Dire
Karen a Laino-giannuzziArea 02 Dire
Pearl a RichArea 03 Dire
Tiffany L TesmerArea 04 Dire
Shirl D EloshArea 05 Dire
Patricia a HuttingerArea 06 Dire
Rebecca M LowellArea 07 Dire
Patricia K HortonArea 08 Dire
Margaret M ReiberArea 09 Dire
Soledad M KennedyArea 10 Dire
Rhonda Lebrescu-amtowerImmediate Pa
Allison H SteinMembership S
Mary Ellen StoneSecretary
Angel EstepTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$146,792
Program Service Revenue
$437
Investment Income
$55,844
Other Revenue
$2,536
All Other Contributions
$121,809
Change in Net Assets
$39,706

Audited Revenue Reconciliation

Revenue per Audited Statements
$205,609
Total Revenue per Audited Statements
$205,609
Total Revenue per Form 990
$205,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,903
Grants and Similar Amounts Paid$61,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$60,000--$60,000
Fees for Service Investment Mgmnt Fees-$23,119-$23,119
Fees for Services Management-$18,000-$18,000
Travel-$13,713-$13,713
Office Expenses$2,637$5,223-$7,860
Conferences and Meetings-$4,441-$4,441
Fees for Services Accounting-$2,663-$2,663
Other Expenses$29,289$2,488-$2,488
Insurance-$1,212-$1,212
Grants to Domestic Orgs$1,000--$1,000
Payments to Affiliates$825--$825
Advertising-$524-$524
Depreciation Depletion-$399-$399
Information Technology-$370-$370
Total Functional Expenses$93,751$72,152$0$165,903

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$165,903
Total Expenses per Audited Statements$165,903
Total Expenses per Form 990$165,903
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Wma average 2,845 members a month during the fiscal year.

Form 990, Page 6, Part VI, Line 7A

The governing body is comprised of eight officers and ten area directors. Officers are elected by the entire membership. The ten area directors are each elected by the members who live within their geographic area.

Form 990, Page 6, Part VI, Line 7B

All changes to by-laws and standing rules are subject to approval/disapproval by the members present as the biennial convention and professional development conference. Conventions are held in even numbered years.

Form 990, Page 6, Part VI, Line 11B

Draft of the form 990 was provided to management and the board of directors for review prior to submission.

Form 990, Page 6, Part VI, Line 12C

Checks and balances are in place to monitor all fiscal transactions. All expense disbursements require authorization by the 3rd vice president. Scholarship and emergency grant disbursements require approval by the respective committee chair. Disbursements are done by check and require the signatures of two officers (president, 1st vice president, treasurer).

Form 990, Page 6, Part VI, Line 15B

No officers or directors are compensated for performing their duties. Each officer and director has an annual budget for reimbursement of expenses incurred in performing their duties. The administrative support contractor's contract is reviewed and approved by the entire board of directors.

Form 990, Page 6, Part VI, Line 19

Articles of incorporation and amendments are on file with the secretary of state in missouri. Articles of incorporation, amendments, by-laws, and standing rules are published biennially in the "wma resource manual and directory". Board meeting minutes are available upon request from the wma national secretary. Financial reports are prepared quarterly by the treasurer and provided to the board of directors. An annual summary of financial conditions is published in the quarterly newspaper, "wma 'nouncements".

Filing and Contact Details

Filer

Filer Name
Women Marines Association
EIN
23-7084026
Phone
4849201173
Address
PO BOX 377, OAKS, PA 19456-0377

Signing Officer

Name
Betty Moseley-brown
Title
President
Phone
4849201173
Signed
2016-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betty Moseley-brown
Formed
1982
Legal Domicile
Mo
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
60

Preparer

Firm
Bridgebuilder Tax Legal Services Pa
Address
9325 PFLUMM RD, LENEXA, KS 66215-3347
Preparer
Kenneth L Cox
Phone
9134926008
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wma provides training and educational opportunities for its memebers and military veterns, service programs to support veterans, a program to provide grants of emergency funds to veterns in need, matching funds to grants to chapters that are supporting programs at va medical centers. Wma also provides recognition awards to outstanding graduates of marine corps recruit platoons and to outstanding cadets in marine corps junior reserve officer training corps in various high schools. Wma administers and funds a college scholarship program that supports individuals who are affiliated with the united states marine corps.

Form 990, Page 2, Part III, Line 4D

Misc. Exempt purpose expenses

Financial Statement Notes

Schedule D, Page 3, Part X

The association is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Uncertain tax provisions, if any, are recorded in accordance with financial accounting standards board (fasb) accounting standards codification (asc) 740, income taxes, which require the recognition of a liability for tax positions taken that do not meet the more-likely-than-not standard that the position will be sustained upon examination by the taxing authorities. The association's open examination periods are 2013 and forward. There is no liability for uncertain tax positions recorded in these financial statements.

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IRS990/GrossReceiptsAmt0205609
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IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndoorTanningServicesInd0false
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0370
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IRS990/InsuranceGrp/ManagementAndGeneralAmt01212
IRS990/InsuranceGrp/TotalAmt01212
IRS990/IntangibleAssetsGrp/EOYAmt011576
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0286
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01833
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt02031679
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02389315
IRS990/IRPDocumentCnt08
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IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt024983
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WMA PROVIDES TRAINING AND EDUCATIONAL OPPORTUNITIES FOR ITS MEMEBERS AND MILITARY VETERNS, SERVICE PROGRAMS TO SUPPORT VETERANS, A PROGRAM TO PROVIDE GRANTS OF EMERGENCY FUNDS TO VETERNS IN NEED, MATCHING FUNDS TO GRANTS TO CHAPTERS THAT ARE SUPPORTING PROGRAMS AT VA MEDICAL CENTERS. WMA ALSO PROVIDES RECOGNITION AWARDS TO OUTSTANDING GRADUATES OF MARINE CORPS RECRUIT PLATOONS AND TO OUTSTANDING CADETS IN MARINE CORPS JUNIOR RESERVE OFFICER TRAINING CORPS IN VARIOUS HIGH SCHOOLS. WMA ADMINISTERS AND FUNDS A COLLEGE SCHOLARSHIP PROGRAM THAT SUPPORTS INDIVIDUALS WHO ARE AFFILIATED WITH THE UNITED STATES MARINE CORPS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05223
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IRS990/OfficeExpensesGrp/TotalAmt07860
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PUBLISH NOUNCEMENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02488
IRS990/OtherExpensesGrp/ProgramServicesAmt029289
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IRS990/OtherExpensesGrp/TotalAmt12488
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11146
IRS990/OtherRevenueTotalAmt02536
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07500
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07500
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0825
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IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0204
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02209
IRS990/PrincipalOfficerNm0BETTY MOSELEY-BROWN
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt0437
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029289
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0437
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTS COMMITTEES WHO OVERSEE WMA'S MISSION FUNCTIONS: HISTORY, SCHOLARSHIP, MATCHING FUNDS & GRANTS, & MCJROTC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02637
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MISC. EXEMPT PURPOSE EXPENSES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01825
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01000
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IRS990/PYOtherRevenueAmt015164
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IRS990/PYRevenuesLessExpensesAmt0194370
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0146792
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt099578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt053028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0662131
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0115797
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0324687
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