Civic Intelligence

Gallantfew Inc.

990 • Fiscal year 2017 • EIN 27-1779772

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 28, 2018

PO Box 1157Roanoke, TX 76262

(817) 567-3293

Siviq Scores

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

Liabilities / Assets

51st percentile

0.04x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$65,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.5%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$116,928

Up $12,471 (+12%) from 2016

Net Assets

Up

$112,521

Up $20,484 (+22%) from 2016

Liabilities

Down

$4,407

Down $8,013 (-65%) from 2016

Revenue

Up

$775,582

Up $33,580 (+4.5%) from 2016

Expenses

Down

$755,098

Down $73,701 (-8.9%) from 2016

Net Income

Up

$20,484

Up $107,281 (+124%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $45,976Liabilities 2012: $0Net Assets 2012: $45,9762012Assets 2013: $117,421Liabilities 2013: $0Net Assets 2013: $117,4212013Assets 2014: $128,979Liabilities 2014: $0Net Assets 2014: $128,9792014Assets 2015: $185,239Liabilities 2015: $6,405Net Assets 2015: $178,8342015Assets 2016: $104,457Liabilities 2016: $12,420Net Assets 2016: $92,0372016Assets 2017: $116,928Liabilities 2017: $4,407Net Assets 2017: $112,5212017Assets 2018: $86,208Liabilities 2018: $2,898Net Assets 2018: $83,3102018Assets 2019: $141,751Liabilities 2019: $18,609Net Assets 2019: $123,1422019Assets 2020: $206,076Liabilities 2020: $55,210Net Assets 2020: $150,8662020Assets 2021: $204,696Liabilities 2021: $42,909Net Assets 2021: $161,7872021Assets 2022: $252,261Liabilities 2022: $23,126Net Assets 2022: $229,1352022Assets 2023: $393,248Liabilities 2023: $8,901Net Assets 2023: $384,3472023Assets 2024: $419,181Liabilities 2024: $13,249Net Assets 2024: $405,9322024

Highlighted filing

2017

Assets$116,928
Liabilities$4,407
Net Assets$112,521

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $131,9192012Revenue 2013: $240,501Expenses 2013: $169,056Net Income 2013: $71,4452013Revenue 2014: $266,080Expenses 2014: $254,523Net Income 2014: $11,5572014Revenue 2015: $748,394Expenses 2015: $698,539Net Income 2015: $49,8552015Revenue 2016: $742,002Expenses 2016: $828,799Net Income 2016: -$86,7972016Revenue 2017: $775,582Expenses 2017: $755,098Net Income 2017: $20,4842017Revenue 2018: $889,324Expenses 2018: $918,535Net Income 2018: -$29,2112018Revenue 2019: $898,896Expenses 2019: $859,064Net Income 2019: $39,8322019Revenue 2020: $747,835Expenses 2020: $720,112Net Income 2020: $27,7232020Revenue 2021: $846,489Expenses 2021: $837,098Net Income 2021: $9,3912021Revenue 2022: $771,938Expenses 2022: $703,238Net Income 2022: $68,7002022Revenue 2023: $773,296Expenses 2023: $619,264Net Income 2023: $154,0322023Revenue 2024: $777,175Expenses 2024: $758,125Net Income 2024: $19,0502024

Highlighted filing

2017

Revenue$775,582
Expenses$755,098
Net Income$20,484
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 28, 2018
Return Version
2017v2.2
Gross Receipts
$775,582
Mission and Program Overview

Mission

Reduce veteran unemployment, homelessness and eliminate veteran suicide.

Gallantfew's mission is to prevent veteran isolation by connecting new veterans with hometown veteran mentors, thereby facilitating a peaceful, successful transition from military service to a civilian life filled with hope and purpose--1,196 veteran services provided in 2017, over 4,000 services since 2014.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,131$87,755▲ $21,624
Savings and Temporary Cash Investments$38,326$23,748▼ $14,578
Accounts Receivable-$5,425-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$104,457$116,928▲ $12,471
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$12,419$4,407▼ $8,012
Other Liabilities$1--
Total Liabilities$12,420$4,407▼ $8,013
Net Assets / Fund Balance
Unrestricted Net Assets$92,037$112,521▲ $20,484
Total Net Assets Fund Balance$92,037$112,521▲ $20,484
Total Liabilities and Net Assets / Fund Balance$104,457$116,928▲ $12,471
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karl MongerExecutive DirectorFT$65,000$65,000

Board Members and Trustees

NameTitle
Richard WelshChairman
Chris HardyBoard Member
Gerald DinkelBoard Member
Jeff MellingerBoard Member
Michael BroderickBoard Member
Mike HallBoard Member
Tim AbellBoard Member
Frank CampanaroCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$355,305
Program Service Revenue
$420,256
Investment Income
$21
Other Revenue
$0
All Other Contributions
$355,305
Change in Net Assets
$20,484
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$302,456
Other Expenses$249,289
Salaries, Compensation, and Employee Benefits$203,353
Total Fundraising Expense$22,950
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$290,213--$290,213
Other Salaries and Wages$101,268-$21,250$122,518
Other Expenses$82,434--$82,434
Current Officers, Directors, Trustees, and Key Employees$58,500$6,500-$65,000
Office Expenses$64,497--$64,497
Advertising$36,061--$36,061
Conferences and Meetings$34,425--$34,425
Information Technology$19,953--$19,953
Payroll Taxes$13,615$520$1,700$15,835
Grants to Domestic Orgs$12,243--$12,243
Fees for Services Accounting-$5,965-$5,965
Insurance$3,609--$3,609
Fees for Services Other-$2,345-$2,345
Total Functional Expenses$716,818$15,330$22,950$755,098
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
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
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, Line 11B: Form 990 Review Process

Electronic copy sent to all board members with time to review prior to submission followed by an electronic vote to approve.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board chair and executive director review activities as needed. If a potential conflict exists, it is brought to the board for resolution.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The chairman of the board recommends compensation to the board of directors who approve by majority vote. Last done on october 15, 2017.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

THERE ARE NONE.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Karl monger, keeper of the accounting books and other documents, has all governing documents, financial statements, conflict of interest statement and other related documents available for inspection at all times. Most documents can be viewed per the website.

Filing and Contact Details

Filer

Filer Name
Gallantfew Inc
EIN
27-1779772
Phone
8175673293
Address
PO BOX 1157, ROANOKE, TX 76262

Signing Officer

Name
Karl Monger
Title
Executive Director
Signed
2018-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Monger
Formed
2010
Legal Domicile
Ks
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
2,000

Preparer

Firm
Biel Fisette Iacono LLP
Address
4849 Greenville Ave 1515, Dallas, TX 75206
Preparer
Robert McBride
Phone
2146915635
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: VETERAN CLIMBING: An innovative partnership between a local climbing gym, a Rotary club and GallantFew, veterans participating in this program report reduced symptoms of PTS, increased confidence and physical fitness. During 2017, 26 veterans participated, and we began a similar initiative in Wilmington, NC with over a dozen participants. OTHER PROGRAM SERVICES 5: THE DARBY PROJECT: The Darby Project is a focused effort on veterans who served in the 75th Ranger Regiment or its predecessors and graduates of the US Army Ranger School. These men and women are specially selected and well-trained soldiers and because of their nature they don't report problems or ask for help. This can create emotional, physical and financial issues as time progresses. By connecting them with other Rangers who have already transitioned, we can share the lessons learned and help them obtain assistance and avoid pitfalls. The 290 services provided in 2017 range from inpatient treatment for PTS and substance abuse, emotional support and counseling, networking, financial assistance and job opportunities. The Darby Project Director became a Certified Burris Coach, and we held several transition seminars at active duty Ranger units. OTHER PROGRAM SERVICES 6: WINGS LEVEL: Wings Level is our newest program, completely volunteer based. Currently veterans entering through this program are served through GallantFew's one-on-one mentoring program. Fifteen airmen participated in Winds Level in 2017. OTHER PROGRAM SERVICES 7: DESCENDANTS OF SPARTA: Just as the famous 300 Spartans stood against hordes from the East thousands of years ago, the New American Veteran defends freedom from a similar enemy and as such very much identifies with the ancient Spartan warriors. The Warfighter Pledge (also called the Spartan Pledge) is a promise made between two combat buddies to maintain communication and find a mission to help other veterans. This has become a powerful anti-suicide campaign with limited expense. OTHER PROGRAM SERVICES 8: THE NEW AMERICAN VETERAN (TNAV): TNAV is an Internet audio/video talk show that archives on YouTube and iTunes. It features veterans who have transitioned to successful civilian occupations and individuals and organizations who are accomplishing good works on behalf of veterans.

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IRS990/MissionDesc0HELP EVERY VETERAN TRANSITION FROM ACTIVE MILITARY SERVICE TO A CIVILIAN LIFE FULL OF PURPOSE AND HOPE. THIS HELPS VETERANS GAIN EMPLOYMENT, IMPROVE THEIR SUPPORT NETWORKS, AND BECOME CONTRIBUTING MEMBERS OF THE COMMUNITY.
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IRS990/ProgSrvcAccomActy2Grp/Desc0VETERAN MENTORING: One-on-one mentoring is the foundation of GallantFew. A veteran best trusts a veteran exactly like him or herself. We make these connections by matching military service (branch, specialties, training, deployments, injuries), post-service interests and geographic proximity. The ideal veteran "Guide" has previously transition and is willing to share their transition lessons learned. The connections we facilitate overcome the sense of isolation that leads to potential problems. This program assists those veterans not falling within Darby or Raider Projects and provided 495 direct services in 2017, ranging from emotional support, coaching, financial assistance, networking and job opportunities. Burris Functional Emotional Fitness is a foundational component of the emotional support and coaching offered all veterans at no cost.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE DARBY PROJECT: The Darby Project is a focused effort on veterans who served in the 75th Ranger Regiment or its predecessors and graduates of the US Army Ranger School. These men and women are specially selected and well-trained soldiers and because of their nature they don't report problems or ask for help. This can create emotional, physical and financial issues as time progresses. By connecting them with other Rangers who have already transitioned, we can share the lessons learned and help them obtain assistance and avoid pitfalls. The 290 services provided in 2017 range from inpatient treatment for PTS and substance abuse, emotional support and counseling, networking, financial assistance and job opportunities. The Darby Project Director became a Certified Burris Coach, and we held several transition seminars at active duty Ranger units.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: VETERAN CLIMBING: An innovative partnership between a local climbing gym, a Rotary club and GallantFew, veterans participating in this program report reduced symptoms of PTS, increased confidence and physical fitness. During 2017, 26 veterans participated, and we began a similar initiative in Wilmington, NC with over a dozen participants. OTHER PROGRAM SERVICES 5: THE DARBY PROJECT: The Darby Project is a focused effort on veterans who served in the 75th Ranger Regiment or its predecessors and graduates of the US Army Ranger School. These men and women are specially selected and well-trained soldiers and because of their nature they don't report problems or ask for help. This can create emotional, physical and financial issues as time progresses. By connecting them with other Rangers who have already transitioned, we can share the lessons learned and help them obtain assistance and avoid pitfalls. The 290 services provided in 2017 range from inpatient treatment for PTS and substance abuse, emotional support and counseling, networking, financial assistance and job opportunities. The Darby Project Director became a Certified Burris Coach, and we held several transition seminars at active duty Ranger units. OTHER PROGRAM SERVICES 6: WINGS LEVEL: Wings Level is our newest program, completely volunteer based. Currently veterans entering through this program are served through GallantFew's one-on-one mentoring program. Fifteen airmen participated in Winds Level in 2017. OTHER PROGRAM SERVICES 7: DESCENDANTS OF SPARTA: Just as the famous 300 Spartans stood against hordes from the East thousands of years ago, the New American Veteran defends freedom from a similar enemy and as such very much identifies with the ancient Spartan warriors. The Warfighter Pledge (also called the Spartan Pledge) is a promise made between two combat buddies to maintain communication and find a mission to help other veterans. This has become a powerful anti-suicide campaign with limited expense. OTHER PROGRAM SERVICES 8: THE NEW AMERICAN VETERAN (TNAV): TNAV is an Internet audio/video talk show that archives on YouTube and iTunes. It features veterans who have transitioned to successful civilian occupations and individuals and organizations who are accomplishing good works on behalf of veterans.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTRONIC COPY SENT TO ALL BOARD MEMBERS WITH TIME TO REVIEW PRIOR TO SUBMISSION FOLLOWED BY AN ELECTRONIC VOTE TO APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD CHAIR AND EXECUTIVE DIRECTOR REVIEW ACTIVITIES AS NEEDED. IF A POTENTIAL CONFLICT EXISTS, IT IS BROUGHT TO THE BOARD FOR RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAIRMAN OF THE BOARD RECOMMENDS COMPENSATION TO THE BOARD OF DIRECTORS WHO APPROVE BY MAJORITY VOTE. LAST DONE ON OCTOBER 15, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5KARL MONGER, KEEPER OF THE ACCOUNTING BOOKS AND OTHER DOCUMENTS, HAS ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, CONFLICT OF INTEREST STATEMENT AND OTHER RELATED DOCUMENTS AVAILABLE FOR INSPECTION AT ALL TIMES. MOST DOCUMENTS CAN BE VIEWED PER THE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02018-06-14 16:35:46Z

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