Civic Intelligence

Veterans Breakfast Club

990 • Fiscal year 2020 • EIN 26-4633657

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 14, 2021

200 Magnolia PlacePittsburgh, PA 15228

(412) 376-3808

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-62%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

18th percentile

-23%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

26th percentile

-44%

Faster revenue growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$392,866

Down $114,605 (-23%) from 2019

Net Assets

Down

$380,580

Down $124,546 (-25%) from 2019

Liabilities

Up

$12,286

Up $9,941 (+424%) from 2019

Revenue

Down

$209,431

Down $162,212 (-44%) from 2019

Expenses

Down

$339,178

Down $106,525 (-24%) from 2019

Net Income

Down

-$129,747

Down $55,687 (-75%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $97,104Liabilities 2016: $0Net Assets 2016: $97,1042016Assets 2017: $286,989Liabilities 2017: $19,713Net Assets 2017: $267,2762017Assets 2018: $580,215Liabilities 2018: $3,975Net Assets 2018: $576,2402018Assets 2019: $507,471Liabilities 2019: $2,345Net Assets 2019: $505,1262019Assets 2020: $392,866Liabilities 2020: $12,286Net Assets 2020: $380,5802020Assets 2021: $456,967Liabilities 2021: $109,459Net Assets 2021: $347,5082021Assets 2022: $411,131Liabilities 2022: $2,345Net Assets 2022: $408,7862022Assets 2023: $328,519Liabilities 2023: $10,178Net Assets 2023: $318,3412023Assets 2024: $300,623Liabilities 2024: $11,882Net Assets 2024: $288,7412024

Highlighted filing

2020

Assets$392,866
Liabilities$12,286
Net Assets$380,580

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $204,095Expenses 2016: $184,197Net Income 2016: $19,8982016Revenue 2017: $298,536Expenses 2017: $408,377Net Income 2017: -$109,8412017Revenue 2018: $674,764Expenses 2018: $365,800Net Income 2018: $308,9642018Revenue 2019: $371,643Expenses 2019: $445,703Net Income 2019: -$74,0602019Revenue 2020: $209,431Expenses 2020: $339,178Net Income 2020: -$129,7472020Revenue 2021: $274,673Expenses 2021: $316,800Net Income 2021: -$42,1272021Revenue 2022: $411,017Expenses 2022: $349,739Net Income 2022: $61,2782022Revenue 2023: $329,512Expenses 2023: $397,201Net Income 2023: -$67,6892023Revenue 2024: $473,880Expenses 2024: $515,978Net Income 2024: -$42,0982024

Highlighted filing

2020

Revenue$209,431
Expenses$339,178
Net Income-$129,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 14, 2021
Return Version
2020v4.1
Gross Receipts
$217,543
Mission and Program Overview

Mission

Create communities of listeners of veterans and their stories by holding regular public veteran storytellng programs. The programs both educate the public and encourage healing for the veterans. Our programs are also recorded and shared with the public through digital media.

To create communities of listening around veterans and their stories to ensure that this living history will never be forgotten. We believe that through our work, people will be educated, healed, and inspired.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$210,587$203,903▼ $6,684
Investments in Publicly Traded Securities$153,351$162,283▲ $8,932
Pledges and Grants Receivable$142,998$26,501▼ $116,497
Land, Buildings, and Equipment, Net$535$179▼ $356
Total Assets$507,471$392,866▼ $114,605
Liabilities
Accounts Payable and Accrued Expenses$1,350$10,561▲ $9,211
Deferred Revenue$995$1,725▲ $730
Total Liabilities$2,345$12,286▲ $9,941
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$226,826$380,580▲ $153,754
Net Assets With Donor Restrictions$278,300--
Total Net Assets Fund Balance$505,126$380,580▼ $124,546
Total Liabilities and Net Assets / Fund Balance$507,471$392,866▼ $114,605

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$179$890$1,069
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike CherockPresident
Todd DePastinoExecutive Director
Ben WrightMember
Bill BoswellMember
Jake VoelkerMember
John PippyMember
Lamont GourdineMember
Laura GoossenMember
Mak KellyMember
Ray AmelioMember
Sharon GeorgeMember
Amber SpellsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$148,158
Program Service Revenue
$40,231
Investment Income
$3,130
Other Revenue
$17,912
All Other Contributions
$93,658
Change in Net Assets
$-129,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$207,907
Revenue Not Reported on Financial Statements
$1,524
Revenue Not Reported on Form 990
$14,837
Total Revenue per Audited Statements
$222,744
Total Revenue per Form 990
$209,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$246,446
Other Expenses$92,732
Total Fundraising Expense$20,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,736$1,825$9,106$130,667
Current Officers, Directors, Trustees, and Key Employees$76,500$4,250$4,250$85,000
Payroll Taxes$22,143$621$1,492$24,256
Fees for Services Other$20,393$1,249-$21,642
Advertising$6,550$1,128-$7,678
Other Expenses$18,165$7,057$4,729$7,057
Other Employee Benefits$5,955$167$401$6,523
Fees for Services Accounting-$6,300-$6,300
Insurance$1,717$1,580$116$3,413
Office Expenses-$2,199-$2,199
Travel$814$1,284-$2,098
Depreciation Depletion-$356-$356
Information Technology-$298-$298
Total Functional Expenses$289,585$29,499$20,094$339,178

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$347,290
Expenses per Audited Statements$339,178
Total Expenses per Form 990$339,178
Expenses Not Reported on Form 990$8,112
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,024
Fundraising Direct Expenses$8,112
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$25,024$25,024-$25,024
Total Events$25,024$25,024-$25,024
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 Line 11B

Form 990 is reviewed by the Treasurer and Executive Director of the Board of Directors prior to filing.

Form 990, Part VI, Section B, Line Line 12C

Board members are required to sign an Annual Affirmation of Compliance and Disclosure Statement. This document is reviewed by the President of the Board.

Form 990, Part VI, Line Line 15A

Compensation is approved by the Board of Directors during the annual budget process.

Form 990, Part VI, Line Line 15B

Board members are not compensated. The salary of the Executive Director is reviewed annually by the Finance Committee.

Form 990, Part VI, Line Line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Veterans Breakfast Club
EIN
26-4633657
Phone
4123763808
Address
200 Magnolia Place, Pittsburgh, PA 15228

Signing Officer

Name
Todd DePastino
Title
Executive Director
Signed
2021-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd DePastino
Formed
2009
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
6

Preparer

Firm
Myers Patsy & Associates LLC
Address
150 E Main St Ste 201, Carnegie, PA 15106-2437
Preparer
Kimberly D Wetzel CPA
Phone
4122764150
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line Line 2C

The Board of Directors is responsible for oversight of the annual audit.

Financial Statement Notes

XI 2D

Direct fundraising expenses

XII 2D

Direct fundraising expenses

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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0401
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0167
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05955
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06523
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Printing and publications
IRS990/OtherExpensesGrp/Desc2Postage Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt04729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17057
IRS990/OtherExpensesGrp/ProgramServicesAmt017612
IRS990/OtherExpensesGrp/ProgramServicesAmt118165
IRS990/OtherExpensesGrp/TotalAmt018797
IRS990/OtherExpensesGrp/TotalAmt122894
IRS990/OtherExpensesGrp/TotalAmt27057
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01000
IRS990/OtherRevenueTotalAmt01000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09106
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01825
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0119736
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130667
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01492
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0621
IRS990/PayrollTaxesGrp/ProgramServicesAmt022143
IRS990/PayrollTaxesGrp/TotalAmt024256
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0142998
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt026501
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Todd DePastino
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1519100
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Program fees
IRS990/ProgramServiceRevenueGrp/Desc1Advertising Income
IRS990/ProgramServiceRevenueGrp/Desc2Trips
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01115
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125721
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113395
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225721
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt013395
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt04801
IRS990/PYContributionsGrantsAmt0336467
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01469
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0204050
IRS990/PYOtherRevenueAmt0-16267
IRS990/PYProgramServiceRevenueAmt049974
IRS990/PYRevenuesLessExpensesAmt0-74060
IRS990/PYSalariesCompEmpBnftPaidAmt0236852
IRS990/PYTotalExpensesAmt0445703
IRS990/PYTotalRevenueAmt0371643
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-129747
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01115
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0149158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0336467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0555197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0174057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0119986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01334865
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03085
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01328
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0758
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07908
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0167486
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53650
IRS990ScheduleA/PublicSupportPY170Pct00.53070
IRS990ScheduleA/PublicSupportTotal170Amt0720457
IRS990ScheduleA/SubstantialContributorsTotAmt0614408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0149158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0336467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0555197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0174057
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0119986
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01334865
IRS990ScheduleA/TotalSupportAmt01342773
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0890
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01069
IRS990ScheduleD/ExpensesNotReportedAmt08112
IRS990ScheduleD/ExpensesSubtotalAmt0339178
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01524
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06725
IRS990ScheduleD/OtherExpensesIncludedAmt08112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenueAmt08112
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt014837
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01524
IRS990ScheduleD/RevenueSubtotalAmt0207907
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Direct fundraising expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct fundraising expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0179
IRS990ScheduleD/TotalExpensesPerForm990Amt0339178
IRS990ScheduleD/TotalRevenuePerForm990Amt0209431
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0222744
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0347290
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Sponsorship of Gala
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt1Sponsorship of Gala
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd1false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt05000
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt110000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt05000

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