Civic Intelligence

Veterans Legacy Foundation Inc.

990EZ • Fiscal year 2020 • EIN 27-2862267

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 29, 2021

PO Box 565Lillington, NC 27546-0565

(919) 499-1225

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.00x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Net Margin

55th percentile

7.7%

Higher net margin than 55% of similar nonprofits.

2020 filings • NTEE B60 • <$500k nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2020 filings • NTEE B60 • <$500k nonprofits • Source year 2020

Asset Growth

53rd percentile

3.4%

Faster asset growth than 53% of similar nonprofits.

2020 filings • NTEE B60 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-32%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$19,504

Up $636 (+3.4%) from 2019

Net Assets

Up

$19,504

Up $636 (+3.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$8,307

Down $3,826 (-32%) from 2019

Expenses

Down

$7,671

Down $128 (-1.6%) from 2019

Net Income

Down

$636

Down $3,698 (-85%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2019: $18,868Liabilities 2019: $0Net Assets 2019: $18,8682019Assets 2020: $19,504Liabilities 2020: $0Net Assets 2020: $19,5042020Assets 2021: $21,474Liabilities 2021: $0Net Assets 2021: $21,4742021Assets 2022: $24,927Liabilities 2022: $0Net Assets 2022: $24,9272022

Highlighted filing

2020

Assets$19,504
Liabilities$0
Net Assets$19,504

Operations Trend

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

$15K$10K$5.0K$0Revenue 2019: $12,133Expenses 2019: $7,799Net Income 2019: $4,3342019Revenue 2020: $8,307Expenses 2020: $7,671Net Income 2020: $6362020Revenue 2021: $6,175Expenses 2021: $4,205Net Income 2021: $1,9702021Revenue 2022: $6,562Expenses 2022: $3,109Net Income 2022: $3,4532022

Highlighted filing

2020

Revenue$8,307
Expenses$7,671
Net Income$636
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 29, 2021
Return Version
2020v4.1
Gross Receipts
$11,525
Mission and Program Overview

Mission

The veterans' legacy foundation is non-profit 501(c) 3 whose mission is to honor veterans and their service. We want to celebrate their legacies and inspire patriotism. The way we do this is through historical research. This involves research and documentation of proof of eligibility for awards that the veterans may have never been processed or submitted.

Program Services

DescriptionGrantsExpenses
THE VETERANS' LEGACY FOUNDATION WAS FORMED IN AN EFFORT TO INSTITUTIONALIZE THE VOLUNTEER EFFORTS OF A SMALL GROUP OF VETERANS AND AVID MILITARY HISTORIANS. THIS GROUP HAS BEEN VOLUNTEERING THEIR TIME SINCE 2000 IN SUPPORT OF VETERANS IN HARNETT COUNTY, NORTH CAROLINA AND SURROUNDING COUNTIES. TO DATE THESE EFFORTS HAVE RESULTED IN NUMEROUS AWARDS AND RECOGNITION FOR SERVICE FROM WWI TO POST-DESERT STORM.$3,000$6,756
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC TRUESDALEMember-$0--
JIM DAVISMember-$0--
DAVID GILCHRISTMember-$0--
JOHN ELSKAMPExecutive DirectorFT$0--
JANET DUSTINPresidentPT$0--
GORDON HARRINGTONVice-PresidentPT$0--
ROBERT BAKERSecretaryPT$0--
VICTOR SCZEPANSKITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Veterans Legacy Foundation Inc
EIN
27-2862267
Phone
9194991225
Address
PO BOX 565, LILLINGTON, NC 27546-0565

Signing Officer

Name
John Elskamp
Title
Executive Director
Phone
9194991225
Signed
2021-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Trp Sumner Pllc
Address
110 COMMERCE DRIVE, DUNN, NC 28334
Preparer
Keith a Raynor CPA
Phone
9108911100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: merchandise sales. Amount: 11.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office supplies. Amount: 140. Description: public awareness. Amount: 558. Description: research fees. Amount: 3,368. Description: awards ceremony. Amount: 2,830. Description: bank fee. Amount: 99. Total to form 990-ez, line 16: 6,995.

Raw XML Appendix175 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC TRUESDALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID GILCHRIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN ELSKAMP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JANET DUSTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GORDON HARRINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT BAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7VICTOR SCZEPANSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TREASURER
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherRevenueTotalAmt011
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE VETERANS' LEGACY FOUNDATION IS NON-PROFIT 501(C) 3 WHOSE MISSION IS TO HONOR VETERANS AND THEIR SERVICE. WE WANT TO CELEBRATE THEIR LEGACIES AND INSPIRE PATRIOTISM. THE WAY WE DO THIS IS THROUGH HISTORICAL RESEARCH. THIS INVOLVES RESEARCH AND DOCUMENTATION OF PROOF OF ELIGIBILITY FOR AWARDS THAT THE VETERANS MAY HAVE NEVER BEEN PROCESSED OR SUBMITTED.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MERCHANDISE SALES. AMOUNT: 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 140. DESCRIPTION: PUBLIC AWARENESS. AMOUNT: 558. DESCRIPTION: RESEARCH FEES. AMOUNT: 3,368. DESCRIPTION: AWARDS CEREMONY. AMOUNT: 2,830. DESCRIPTION: BANK FEE. AMOUNT: 99. TOTAL TO FORM 990-EZ, LINE 16: 6,995.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN ELSKAMP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09194991225
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-29
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ReturnHeader/Filer/EIN0272862267
ReturnHeader/Filer/PhoneNum09194991225
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ReturnHeader/PreparerPersonGrp/PhoneNum09108911100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH A RAYNOR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-08T12:56:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ELSKAMP
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • NTEE B60 • <$500k nonprofits