Civic Intelligence

Veterans of Foreign Wars Post 7012

EIN 23-7199884 • 501(c)4 • New Freedom, PA

Profile

Operation of a local vfw organization for the purpose of providing a social place for individuals who served in the united states military, their spouses, families and widows. Operate a canteen to further the social interaction of the membership and provide funding to the national veterans of foreign wars for the purpose of providing medical equipment and services to military veterans.

123 West Main StreetNew Freedom, PA 17349
Siviq Scores

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

Liabilities / Assets

57th percentile

0.03x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.04x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

62nd percentile

14%

Higher net margin than 62% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

22%

Faster revenue growth than 72% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$530,818

Up $55,417 (+12%) from 2023

Liabilities

Up

$16,440

Up $10,938 (+199%) from 2023

Net Assets

Up

$514,378

Up $44,479 (+9.5%) from 2023

Revenue

Up

$380,784

Up $69,020 (+22%) from 2023

Expenses

Up

$326,970

Up $86,335 (+36%) from 2023

Net Income

Down

$53,814

Down $17,315 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $253,602Liabilities 2010: $26,632Net Assets 2010: $226,9702010Assets 2011: $286,850Liabilities 2011: $2,498Net Assets 2011: $284,3522011Assets 2012: $279,723Liabilities 2012: $2,251Net Assets 2012: $277,4722012Assets 2013: $275,356Liabilities 2013: $2,451Net Assets 2013: $272,9052013Assets 2014: $280,108Liabilities 2014: $3,271Net Assets 2014: $276,8372014Assets 2015: $273,815Liabilities 2015: $4,189Net Assets 2015: $269,6262015Assets 2016: $281,312Liabilities 2016: $3,445Net Assets 2016: $277,8672016Assets 2017: $289,001Liabilities 2017: $4,275Net Assets 2017: $284,7262017Assets 2018: $262,776Liabilities 2018: $7,278Net Assets 2018: $255,4982018Assets 2019: $278,673Liabilities 2019: $3,986Net Assets 2019: $274,6872019Assets 2020: $297,109Liabilities 2020: $22,692Net Assets 2020: $274,4172020Assets 2021: $426,514Liabilities 2021: $17,256Net Assets 2021: $409,2582021Assets 2022: $407,772Liabilities 2022: $9,002Net Assets 2022: $398,7702022Assets 2023: $475,401Liabilities 2023: $5,502Net Assets 2023: $469,8992023Assets 2024: $530,818Liabilities 2024: $16,440Net Assets 2024: $514,3782024

Highlighted filing

2024

Assets$530,818
Liabilities$16,440
Net Assets$514,378

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $530,0432010Expenses 2011: $564,2012011Expenses 2012: $602,2942012Revenue 2013: $667,350Expenses 2013: $671,917Net Income 2013: -$4,5672013Revenue 2014: $721,959Expenses 2014: $718,027Net Income 2014: $3,9322014Revenue 2015: $695,473Expenses 2015: $702,684Net Income 2015: -$7,2112015Revenue 2016: $643,182Expenses 2016: $634,941Net Income 2016: $8,2412016Revenue 2017: $876,009Expenses 2017: $869,150Net Income 2017: $6,8592017Revenue 2018: $647,965Expenses 2018: $627,171Net Income 2018: $20,7942018Revenue 2019: $309,175Expenses 2019: $366,119Net Income 2019: -$56,9442019Revenue 2020: $115,041Expenses 2020: $115,311Net Income 2020: -$2702020Revenue 2021: $339,514Expenses 2021: $170,966Net Income 2021: $168,5482021Revenue 2022: $216,572Expenses 2022: $236,896Net Income 2022: -$20,3242022Revenue 2023: $311,764Expenses 2023: $240,635Net Income 2023: $71,1292023Revenue 2024: $380,784Expenses 2024: $326,970Net Income 2024: $53,8142024

Highlighted filing

2024

Revenue$380,784
Expenses$326,970
Net Income$53,814

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$0.16$5.14$3.81$3.27$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$0.06$4.70$3.12$2.41$0.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.09$3.99$2.17$2.37$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.17$4.09$3.40$1.71$1.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.23$2.74$1.15$1.15$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.04$2.75$3.09$3.66$0.57
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.07$2.55$6.48$6.27$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$0.04$2.85$8.76$8.69$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$0.03$2.78$6.43$6.35$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.74$0.04$2.70$6.95$7.03$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.80$0.03$2.77$7.22$7.18$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.75$0.02$2.73$6.67$6.72$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.02$2.77$6.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.02$2.84$5.64
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.27$2.27$5.30
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$277,719
Mission and Program Overview

Mission

Operation of a local vfw organization for the purpose of providing a social place for individuals who served in the united states military, their spouses, families and widows. Operate a canteen to further the social interaction of the membership and provide funding to the national veterans of foreign wars for the purpose of providing medical equipment and services to military veterans.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$486,210$414,676▼ $71,534
Land, Buildings, and Equipment, Net$9,258$45,998▲ $36,740
Cash and Non-Interest-Bearing Accounts$-68,954$-52,902▲ $16,052
Total Assets$426,514$407,772▼ $18,742
Liabilities
Unsecured Notes Loans Payable$14,000$14,000→ $0
Accounts Payable and Accrued Expenses$3,256$-4,998▼ $8,254
Total Liabilities$17,256$9,002▼ $8,254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$409,258$398,770▼ $10,488
Total Net Assets Fund Balance$409,258$398,770▼ $10,488
Total Liabilities and Net Assets / Fund Balance$426,514$407,772▼ $18,742

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,740--
Equipment$9,258--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter F CuttinoTrusteedirector
Robert DicksonTrusteedirector
John S SmithCommander
Robert E SmithJudge Advocate
Carmelo F GencoSr Vice Commander
Alex KellyTreasurerquartermaster
Revenue and Support

Revenue Composition

Contributions and Grants
$44,573
Program Service Revenue
$154,535
Investment Income
$309
Other Revenue
$17,155
All Other Contributions
$17,024
Change in Net Assets
$-20,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,149
Salaries, Compensation, and Employee Benefits$85,677
Grants and Similar Amounts Paid$7,070
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,434--$74,434
Occupancy$29,917--$29,917
Other Expenses$17,783--$17,783
Payroll Taxes$11,243--$11,243
Insurance$9,371--$9,371
Grants to Domestic Orgs$7,070--$7,070
Fees for Services Other$6,150--$6,150
Fees for Services Accounting$2,650--$2,650
Office Expenses$437--$437
All Other Expenses$-1,552--$-1,552
Total Functional Expenses$236,896$0$0$236,896
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$78,302
Gaming Direct Expenses$61,147
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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 governing body review Part VI line 11

No review was or will be conducted

Governing documents etc available to public Part VI line 19

No documents made available to the public

Filing and Contact Details

Filer

Filer Name
Veterans of Foreign Wars Post 7012
EIN
23-7199884
Address
123 WEST MAIN STREET, NEW FREEDOM, PA 17349

Signing Officer

Name
John S Smith
Title
Commander
Phone
7172352151
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John S Smith
Formed
1956
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
18
Volunteers
6

Preparer

Firm
William T Houseman Sr CPA
Address
15 West Main Street, New Freedom, PA 17349
Preparer
William T Houseman Sr CPA
Phone
7172279335
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Line 4d-all other accomplishments:operation of canteen for exclusive use of members and their families.

General explanation attachment

Form 990, part i, line 1-organizations mission:operation of a local vfw organization for the purpose of provding a social place for individuals who served in the united states military, their spouses, families and widows. Operate a canteen to further the social interaction of the membership and provide funding to the national veterans of foreign wars for the purpose of providing medical equipment and services to military veterans.

Raw XML Appendix352 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AllOtherExpensesGrp/TotalAmt0-1552
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IRS990/BooksInCareOfDetail/PhoneNum07172352151
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd017349
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IRS990/CashNonInterestBearingGrp/EOYAmt0-52902
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt044573
IRS990/CYGrantsAndSimilarPaidAmt07070
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IRS990/CYOtherExpensesAmt0144149
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IRS990/DescribedInSection501c3Ind0false
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IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0236896
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02650
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IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06150
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEEDIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2JUDGE ADVOCATE
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMANDER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SR VICE COMMANDER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURERQUARTERMASTER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 4D-ALL OTHER ACCOMPLISHMENTS:OPERATION OF CANTEEN FOR EXCLUSIVE USE OF MEMBERS AND THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART I, LINE 1-ORGANIZATIONS MISSION:OPERATION OF A LOCAL VFW ORGANIZATION FOR THE PURPOSE OF PROVDING A SOCIAL PLACE FOR INDIVIDUALS WHO SERVED IN THE UNITED STATES MILITARY, THEIR SPOUSES, FAMILIES AND WIDOWS. OPERATE A CANTEEN TO FURTHER THE SOCIAL INTERACTION OF THE MEMBERSHIP AND PROVIDE FUNDING TO THE NATIONAL VETERANS OF FOREIGN WARS FOR THE PURPOSE OF PROVIDING MEDICAL EQUIPMENT AND SERVICES TO MILITARY VETERANS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VETERANS OF FOREIGN WARS POST 7012
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831581109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0William T Houseman Sr CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 West Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Freedom
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017349
ReturnHeader/PreparerPersonGrp/PhoneNum07172279335
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William T Houseman Sr CPA
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ReturnHeader/ReturnTs02023-11-15T19:07:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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