Civic Intelligence

Disabled American Veterans

990 • Fiscal year 2022 • EIN 31-0263158

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

860 Dolwick DriveErlanger, KY 41018

(859) 441-7300

Siviq Scores

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

Liabilities / Assets

44th percentile

0.22x

Higher debt load relative to assets than 44% of similar nonprofits.

2022 filings • $250M-$1B nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.79x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • $250M-$1B nonprofits • Source year 2022

Net Margin

26th percentile

-1.2%

Higher net margin than 26% of similar nonprofits.

2022 filings • $250M-$1B nonprofits • Source year 2022

Top Officer Pay

48th percentile

$537,692

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2022 filings • $250M-$1B nonprofits • Source year 2022

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2022 filings • $250M-$1B nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-14%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • $250M-$1B nonprofits • Annualized from 2021 to 2022

Assets

Down

$538,147,734

Down $109,123,563 (-17%) from 2021

Net Assets

Down

$421,206,178

Down $77,440,664 (-16%) from 2021

Liabilities

Down

$116,941,556

Down $31,682,899 (-21%) from 2021

Revenue

Down

$147,448,652

Down $23,184,881 (-14%) from 2021

Expenses

Up

$149,217,032

Up $9,111,327 (+6.5%) from 2021

Net Income

Down

-$1,768,380

Down $32,296,208 (-106%) from 2021

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2011: $388,911,658Liabilities 2011: $152,504,428Net Assets 2011: $236,407,2302011Assets 2012: $425,754,878Liabilities 2012: $177,091,953Net Assets 2012: $248,662,9252012Assets 2013: $468,759,320Liabilities 2013: $177,556,625Net Assets 2013: $291,202,6952013Assets 2014: $478,150,098Liabilities 2014: $188,905,392Net Assets 2014: $289,244,7062014Assets 2015: $460,048,417Liabilities 2015: $184,391,604Net Assets 2015: $275,656,8132015Assets 2016: $452,980,926Liabilities 2016: $135,166,890Net Assets 2016: $317,814,0362016Assets 2017: $485,328,214Liabilities 2017: $143,592,189Net Assets 2017: $341,736,0252017Assets 2018: $439,303,641Liabilities 2018: $126,487,184Net Assets 2018: $312,816,4572018Assets 2021: $647,271,297Liabilities 2021: $148,624,455Net Assets 2021: $498,646,8422021Assets 2022: $538,147,734Liabilities 2022: $116,941,556Net Assets 2022: $421,206,1782022Assets 2024: $654,659,108Liabilities 2024: $123,940,994Net Assets 2024: $530,718,1142024

Highlighted filing

2022

Assets$538,147,734
Liabilities$116,941,556
Net Assets$421,206,178

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2011: $116,591,0222011Expenses 2012: $127,226,5702012Revenue 2013: $146,188,995Expenses 2013: $143,424,447Net Income 2013: $2,764,5482013Revenue 2014: $142,443,510Expenses 2014: $139,767,655Net Income 2014: $2,675,8552014Revenue 2015: $136,832,283Expenses 2015: $149,990,370Net Income 2015: -$13,158,0872015Revenue 2016: $134,885,628Expenses 2016: $146,713,829Net Income 2016: -$11,828,2012016Revenue 2017: $137,069,520Expenses 2017: $143,851,846Net Income 2017: -$6,782,3262017Revenue 2018: $150,737,113Expenses 2018: $140,238,025Net Income 2018: $10,499,0882018Revenue 2021: $170,633,533Expenses 2021: $140,105,705Net Income 2021: $30,527,8282021Revenue 2022: $147,448,652Expenses 2022: $149,217,032Net Income 2022: -$1,768,3802022Revenue 2024: $176,450,766Expenses 2024: $153,944,227Net Income 2024: $22,506,5392024

Highlighted filing

2022

Revenue$147,448,652
Expenses$149,217,032
Net Income-$1,768,380
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$240,726,141
Mission and Program Overview

Mission

We are dedicated to one single purpose: empowering veterans to lead high-quality lives with respect and dignity.See Schedule O for further details.We accomplish this by making sure veterans and their families can access the full range of benefits available to them; fighting for the interests of America's injured heroes on Capitol Hill; and educating the public about the great sacrifices and needs of veterans transitioning back to civilian life.

Since 1920, empowering veterans to lead high-quality lives with respect and dignity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$577,528,462$480,813,572▼ $96,714,890
Land, Buildings, and Equipment, Net$24,740,182$23,065,116▼ $1,675,066
Savings and Temporary Cash Investments$26,778,149$19,650,537▼ $7,127,612
Prepaid Expenses and Deferred Charges$8,917,071$6,832,682▼ $2,084,389
Accounts Receivable$7,487,132$5,148,380▼ $2,338,752
Intangible Assets$1,816,479$2,021,171▲ $204,692
Inventories for Sale or Use$3,822$6,788▲ $2,966
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$647,271,297$538,147,734▼ $109,123,563
Other Assets Total$0$609,488▲ $609,488
Liabilities
Other Liabilities$102,831,810$80,049,256▼ $22,782,554
Accounts Payable and Accrued Expenses$33,138,257$26,841,634▼ $6,296,623
Unsecured Notes Loans Payable$12,349,999$9,749,995▼ $2,600,004
Deferred Revenue$304,389$300,671▼ $3,718
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$148,624,455$116,941,556▼ $31,682,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$481,034,598$406,270,631▼ $74,763,967
Net Assets With Donor Restrictions$17,612,244$14,935,547▼ $2,676,697
Total Net Assets Fund Balance$498,646,842$421,206,178▼ $77,440,664
Total Liabilities and Net Assets / Fund Balance$647,271,297$538,147,734▼ $109,123,563

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,785,944$5,793,713$23,579,657
Equipment$2,494,614$12,180,333$14,674,947
Land$2,385,643-$2,385,643
Leasehold Improvements$314,167$301,164$615,331
Other Land Buildings$84,748-$84,748

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$13,665,904$72,605▼ $2,024,392-$11,714,117
2021$10,899,820$1,205,343▲ $1,768,726$207,985$13,665,904
2020$9,392,382$254,912▲ $1,411,173$158,647$10,899,820
2019$3,172,223$5,178,716▲ $1,041,443-$9,392,382
2018$0$3,386,166▼ $213,943-$3,172,223
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward R ReeseExec. Director Natl LhqFT$203,757$333,935$537,692
J Marc BurgessNatl Adjutant/CEO/secFT$262,692$271,983$534,675
Barry a JesinoskiExec. Director Natl HqFT$224,905$257,723$482,628
Theresa L BurgoonChief Development OfficerFT$167,943$237,457$405,400
Edward E HartmanInspector GeneralFT$165,464$198,278$363,742
Bryan C VanboxelAssistant Executive DirectorFT$163,986$141,897$305,883
James T MarszalekNational Service DirectorFT$165,583$132,703$298,286
Megan B HallGeneral CounselFT$171,652$122,755$294,407
Andrew MarshallChairman of the BoardPT$136,694-$136,694
Joseph ParsetichVice-chairman - Term EndedPT$88,306-$88,306

Board Members and Trustees

NameTitle
Stephen WhiteheadChairman - Term Ended
Nancy EspinosaVice-chairman of the Board
Charles EdwardsDirector
Frank ChicolloDirector
William DolanDirector
Floyd WatsonTreasurer
William BakerTreasurer - Term Ended

Highest Paid Contractors

ContractorServicesLocationCompensation
Crosby Marketing Communications InProfessional705 MELVIN AVENUE SUITE 200, Annapolis, MD 21401$2,453,826
Creative Direct ResponseProfessionalPO BOX 828, Lanham, MD 20706$1,077,023
Fuse Fundraising Group LLCProfessional12355 SUNRISE VALLEY DRIVE SUITE 2, Reston, VA 20191$850,725
Ascenta Group INCProfessional138 SOUTH FIRST STREET, Lindenhurst, NY 11757$842,560
Direct Donor Television LLCProfessionalPO BOX 279, Lanham, MD 20706$550,561
Revenue and Support

Revenue Composition

Contributions and Grants
$126,763,587
Program Service Revenue
$90,314
Investment Income
$19,765,061
Other Revenue
$829,690
All Other Contributions
$122,893,142
Change in Net Assets
$-1,768,380

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded59$470,717Cost / Selling Price
Total Noncash Contributions59$470,717-

Audited Revenue Reconciliation

Revenue per Audited Statements
$147,806,881
Revenue Not Reported on Financial Statements
$-358,229
Revenue Not Reported on Form 990
$70,832,053
Other Revenue Adjustments
$-750,000
Total Revenue per Audited Statements
$218,638,934
Total Revenue per Form 990
$147,448,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$83,918,522
Salaries, Compensation, and Employee Benefits$54,965,735
Total Fundraising Expense$38,878,615
Grants and Similar Amounts Paid$7,302,301
Professional Fundraising Fees$2,715,231

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$26,013,550$926,079$27,454,653$54,394,282
Other Salaries and Wages$33,525,124$3,246,206$1,756,366$38,527,696
Advertising$6,823,578$92,482$4,227,450$11,143,510
Other Employee Benefits$5,724,190$474,127$387,441$6,585,758
Pension Plan Contributions$3,656,280$1,066,087$665,623$5,387,990
Fees for Services Other$3,512,801$1,215,385$615,573$5,343,759
Grants to Domestic Orgs$5,182,863--$5,182,863
Payroll Taxes$2,584,514$224,046$122,073$2,930,633
Fees for Services Professional Fundraising--$2,715,231$2,715,231
Depreciation Depletion$1,828,321$705,754$135,398$2,669,473
Travel$2,331,834$27,902$51,507$2,411,243
Grants to Domestic Individuals$2,119,438--$2,119,438
Other Expenses$917,807$688,587$13,419$1,619,813
Current Officers, Directors, Trustees, and Key Employees$1,123,474$410,184-$1,533,658
Conferences and Meetings$1,490,701--$1,490,701
Royalties$551,042$265$693,892$1,245,199
Insurance$270,487$189,093-$459,580
Fees for Service Investment Mgmnt Fees-$391,771-$391,771
Occupancy$282,512$76,307-$358,819
Benefits to Members$315,243--$315,243
Fees for Services Legal$82,304$100,534$18,996$201,834
Fees for Services Accounting-$191,555-$191,555
Information Technology$104,056$44,279$9,537$157,872
Total Functional Expenses$100,259,856$10,078,561$38,878,615$149,217,032

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$309,790,192
Expenses Not Reported on Form 990$160,964,931
Total Expenses per Form 990$149,217,032
Expenses per Audited Statements$148,825,261
Expenses Not Reported on Financial Statements$391,771
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Department of Veterans AffairsWashington, DCGovt EntityWinter Sports Clinic/Golf Clinic$775,002
Camp CorralRaleigh, NC501(c)(3)Children of Veterans$600,000
Department of Veterans AffairsWashington, DCGovt EntityVA Transportation Network$411,082
Dept of CaliforniaSanta Fe Springs, CA501(c)(4)Veterans Services$345,547
Dept of FloridaGainesville, FL501(c)(4)Veterans Services$262,691
Dept of TexasLufkin, TX501(c)(4)Veterans Services$261,615
Dept of New YorkLynbrook, NY501(c)(4)Veterans Services$199,034
Dept of PennsylvaniaCamp Hill, PA501(c)(4)Veterans Services$193,489
Boulder Crest RetreatBluemont, VA501(c)(3)Retreats for Veterans$150,000
Columbia Trust Service ProgramsErlanger, KY501(c)(4)Veterans Services$148,128
Dept of VirginiaRoanoke, VA501(c)(4)Veterans Services$140,964
Dept of North CarolinaRaleigh, NC501(c)(4)Veterans Services$130,907
Dept of MassachusettsBoston, MA501(c)(4)Veterans Services$129,392
Dept of OhioColumbus, OH501(c)(4)Veterans Services$123,990
Dept of MichiganFraser, MI501(c)(4)Veterans Services$100,283
Dept of ArizonaPhoenix, AZ501(c)(4)Veterans Services$97,854
Dept of ColoradoLakewood, CO501(c)(4)Veterans Services$88,858
Dept of New JerseyTrenton, NJ501(c)(4)Veterans Services$86,983
Dept of MinnesotaSt Paul, MN501(c)(4)Veterans Services$85,442
Dept of IllinoisSpringfield, IL501(c)(4)Veterans Services$85,154
Dept of MarylandBaltimore, MD501(c)(4)Veterans Services$83,601
Dept of GeorgiaMacon, GA501(c)(4)Veterans Services$83,599
Dept of WashingtonOak Harbor, WA501(c)(4)Veterans Services$83,346
Dept of KentuckyShepherdsville, KY501(c)(4)Veterans Services$80,214
Dept of MissouriKirksville, MO501(c)(4)Veterans Services$77,151
Dept of South CarolinaWest Columbia, SC501(c)(4)Veterans Services$72,128
Dept of AlabamaAlexander City, AL501(c)(4)Veterans Services$67,842
Dept of OklahomaCoweta, OK501(c)(4)Veterans Services$64,529
Dept of IndianaGreenwood, IN501(c)(4)Veterans Services$63,629
Dept of TennesseeLawrenceburg, TN501(c)(4)Veterans Services$63,445
Dept of WisconsinDePere, WI501(c)(4)Veterans Services$52,142
Hillvets FoundationAlexandria, VA501(c)(19)Veterans Services$50,000
Dept of ConnecticutMeriden, CT501(c)(4)Veterans Services$40,933
National Cemetery AdministrationWashington, DC-Golf Cart Program$40,518
Dept of HawaiiHonolulu, HI501(c)(4)Veterans Services$39,720
Dept of LouisianaBaton Rouge, LA501(c)(4)Veterans Services$39,509
Dept of ArkansasN Little Rock, AR501(c)(4)Veterans Services$36,381
Dept of OregonCorbett, OR501(c)(4)Veterans Services$34,196
Dept of New MexicoAlbuquerque, NM501(c)(4)Veterans Services$33,655
Dept of KansasWichita, KS501(c)(4)Veterans Services$33,484
Dept of NevadaSparks, NV501(c)(4)Veterans Services$31,778
Dept of NebraskaColumbus, NE501(c)(4)Veterans Services$30,985
Dept of Rhode IslandProvidence, RI501(c)(4)Veterans Services$30,636
Dept of Puerto RicoSan Juan, PR501(c)(4)Veterans Services$29,805
Dept of New HampshireManchester, NH501(c)(4)Veterans Services$28,618
Dept of MaineAugusta, ME501(c)(4)Veterans Services$27,586
Dept of West VirginiaElkview, WV501(c)(4)Veterans Services$24,569
Dept of IowaDubuque, IA501(c)(4)Veterans Services$23,609
Dept of MississippiJackson, MS501(c)(4)Veterans Services$18,445
Dept of IdahoKuna, ID501(c)(4)Veterans Services$17,921
Dept of South DakotaSioux Falls, SD501(c)(4)Veterans Services$17,816
Dept of UtahKaysville, UT501(c)(4)Veterans Services$17,197
Dept of North DakotaMandan, ND501(c)(4)Veterans Services$14,343
Dept of MontanaHelena, MT501(c)(4)Veterans Services$11,823
Dept of WyomingCheyenne, WY501(c)(4)Veterans Services$11,728
Dept of DelawareCamden, DE501(c)(4)Veterans Services$11,292
Dept of VermontWhite River Jct, VT501(c)(4)Veterans Services$10,326
Rally Point Grille Franchising LLCWoodstock, GAGovt EntityArthur H. & Mary Wilson Award$10,000
The Elizabeth Dole FoundationWashington, DC501(c)(3)Heroes & History Event Sponsorship$10,000
Dept of AlaskaAnchorage, AK501(c)(4)Veterans Services$9,551
Dept of DCCapitol Heights, DC501(c)(4)Veterans Services$6,916
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,715,231
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Life Memb Dues$43,733,311
Postretirement Benefit Oblig$36,315,945
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 A, Line 6

Members or stockholders dav is a not-for-profit organization with members that have the right to participate in the organization's governance. They, or their delegates, elect four members of dav's board of directors.

Form 990, Part VI, Section A, Line 7A

Organization's members please see form 990, part vi, section a, line 6.

Form 990, Part VI, Section B, Line 11B

Process of the review of form 990 following completion of form 990 by dav's accounting department staff and national adjutant. Once resulting revisions are made, the form is made available to the board of directors for their review and questions. It is subsequently filed with the irs.

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

Organization's practice for monitoring compliance all members of the board of directors receive a copy of the conflict of interest policy immediately upon assuming office, or at a minimum, annually. The same process applies to key employees and department directors. Recipients acknowledge they have read the policy, identify any areas of conflict and return the signed disclosure form to the dav executive director. Responses are reviewed and identified and conflicts are referred to the board of directors for discussion and approval as appropriate.

Form 990, Part VI, Section C, Line 15

Compensation review process every four or five years dav hires an independent consulting firm to review compensation of dav national adjutant and ceo, executive directors, key employees, and other top management officials. In 2018, the consulting firm was buck consulting. This involves review of position responsibilities, accumulation of comparable data from other organizations and determination of appropriate compensation ranges for each. The ranges are reviewed and approved by independent memembers of the board of directors (board). Any subsequent changes in compensation, typically annual and within the established ranges, are also approved by the board. A new compensation review will be conducted in 2023. Non-employee members of dav's board receive an irs approved daily per diem when attending meetings or representing dav at various related events. This is primarily to cover meals and lodging.

Form 990, Part VI, Section C, Line 19

Documents governing documents and the conflict of interest policy are available upon request. The dav annual report and most recent form 990 are available on dav's website (www.dav.org) and also upon request or public inspection at dav national headquarters. Form 1024 is available upon request.

Filing and Contact Details

Filer

Filer Name
Disabled American Veterans
EIN
31-0263158
In Care Of
% BRYAN C VANBOXEL
Phone
8594417300
Address
860 DOLWICK DRIVE, ERLANGER, KY 41018

Signing Officer

Name
Bryan C VanBoxel
Title
National Adjutant
Phone
8594417300
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan C VanBoxel
Formed
1932
Voting Board Members
7
Independent Board Members
6
Employees
687
Volunteers
14,000

Preparer

Firm
Forvis Llp
Address
312 WALNUT STREET SUITE 3000, CINCINNATI, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

SERVICE PROGRAM (CONT) With our chapter service officers, department service officers and transition service officers, as well as county veteran service officers, DAV has over 3,700 benefits experts. During 2022, DAV national service officers interviewed over 285,000 veterans and their families and filed over 174,000 new claims. Thanks to the great work of our service officers, claimants represented by DAV obtained more than $26 billion in benefits. In 2022, DAV transition service officers conducted nearly 400 briefing presentations to groups of separating service members, with nearly 13,000 participants attending those sessions. They also counseled nearly 25,000 people in individual interviews and electronic communications. Expenses $38,527,184 including grants of $80,000. Revenue $0.

Form 990, Part III, Line 4B

PUBLIC AWARENESS OUTREACH (CONT) Too many of our wounded, ill and injured veterans haven't accessed the benefits and services they've earned. Most simply aren't aware of their rights and benefits or the free help our National Service Program can provide with filing for benefits from the Department of Veterans Affairs and other government agencies. Neither are they aware of the wide range of other programs we offer to wounded, ill and injured veterans and their families. This program supplements the outreach efforts already built into our other program services. It offers the American public an even greater opportunity to become personally involved in identifying and assisting the men and women who have served our nation. Expenses $ 27,673,945 including grants of $ 0. Revenue $ 40,467.

Form 990, Part III, Line 4C

COMMUNICATIONS PROGRAM (CONT) By producing public service announcements, news releases, brochures, speeches, op-eds, print messages, educational videos and other content, DAV is able to spread information about our organization and the complete scope of free services that help create more victories for veterans. DAV also continues to maintain a healthy presence on various social media networks, with the organization's Facebook page garnering 107.2 million impressions, while its accounts on Instagram saw 2.5 million impressions, Twitter reached 1.2 million impressions and LinkedIn accomplished 2.5 million impressions. In 2022, DAV featured 88 live broadcasts on YouTube, garnering 735,000 views. Additionally, all of DAV's more than 1 million members continue to receive the bimonthly DAV Magazine, which acts as the official voice of DAV and its Auxiliary. With such an immense collection of programs and services, DAV is able to provide detailed research and resources to best explain issues with facts, applicable examples and important context. As a result, our educational public service and outreach programs continue to promote awareness of veterans' issues and honor veterans' service to our nation. Expenses $9,732,921 including grants of $0. Revenue $0.

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES MEMBERSHIP PROGRAM: The lifeblood of DAV is its membership. When veterans join DAV, they enlist in a fight to ensure our nation keeps its promises to those who've served. The unwavering devotion that members dedicate to our mission has made DAV the premier veteran's service organization, and our commitment has spanned nearly a century. DAV is the leading voice for our nation's injured and ill veterans, regardless of service era. This commitment is expressed in our mission statement and makes DAV unique among other organizations. DAV was founded in the immediate aftermath of World War I, as no group then existed to provide and advocate for veterans forever changed by military service. Our legacy has evolved to meet the changing needs of members, families and caregivers amid the historical journey of our nation. Our military and American society continues to change, and DAV embraces those changes to ensure veterans of all service eras and genders are able to have their chance at the American dream. Today, social networking and other changes to the ways Americans communicate allow DAV members to play a larger role than ever as spokespeople advocating for the unique needs of the veteran community. We continue to respond to the needs of the current generation of veterans and are also steadfast in our resolution to ensure equitable support for another vital part of our community-veteran caregivers. These unsung heroes provide unfaltering dedication to disabled veterans, often assuming a life of heavy responsibility and sacrifice to care for their loved ones affected by devastating illness or injury. With 52 state-level departments and more than 1,200 chapters nationwide, we closed the 2021-2022 membership year with more than 1 million veterans in DAV, ensuring a strong, unified and living embodiment of DAV's mission of service to veterans, their families and survivors. Expenses $7,195,446 including grants of $0. Revenue $3,870,445 STATE SERVICES AND DISASTER RELIEF: During 2022, DAV provided more than $2 million to nearly 3,100 veterans affected by natural disasters, including hurricanes, tornados, floods and fires. Since the Disaster Relief Program's inception in 1968, over $19.5 million has been disbursed as a result of our relief efforts. Expenses $6,393,493 including grants of $6,388,912. Revenue $0. VOLUNTARY SERVICES PROGRAM: In 2022, DAV gave nearly 210,000 free rides to veterans. It's part of DAV's mission to ensure all injured and ill veterans can lead high-quality lives with respect and dignity. These rides, which total more than 9 million miles of driving and more than 500,000 volunteer hours, are made possible through the generosity of vehicle donations by Ford Motor Co. and DAV departments and chapters that use their donated funds to purchase vehicles. DAV's volunteer interactions don't just end when they drop veterans off at the front door of a VA hospital or clinic. DAV and DAV Auxiliary volunteers spent nearly 550,000 hours in 2022 helping veterans and assisting VA caregivers inside these facilities across the country. This work has a value to the Department of Veterans Affairs of nearly $16.4 million. Thousands of DAV volunteers are dedicated to helping fellow veterans wherever they are in our communities. Whether helping prepare VA claims packages, caring for veterans experiencing homelessness, running a food drive or participating in countless other opportunities, these volunteers have continued to be the face of our organization to so many in need. Some of those volunteers are students. Student volunteers who give at least 100 hours of their time in the name of DAV may be eligible for one of the scholarships we offer. In 2022, DAV awarded 10 scholarships- totaling $110,000-with a top award of $30,000. Expenses $3,961,769 including grants of $749,728. Revenue $0. EMPLOYMENT/ENTREPRENEURIAL SERVICES PROGRAM: In 2022, DAV completed its acquisition of Patriot Boot Camp-a nonprofit organization

Form 990, Part XI, Line 9

OTHER CHANGES IN NET ASSETS: Pension Liability and Other Postretirement benefit obligation adjustment $13,835,640 Change in fair market value of interest rate swap $ 624,954 TOTAL $14,460,594

Financial Statement Notes

Schedule D, Part V, Line 4

Intended use of endowment funds dav's endowment consists of approximately 25 individual funds established by donors to provide perpetual source of support for dav's activities.

Part XI, Line 2D

Other Adjustments: Contributed Media and Materials $132,594,794.

Part XI, Line 4B

Other Adjustments: Loss on disposition of land $(750,000).

Part XII, Line 2D

Other Adjustments: Contributed Media and Materials $132,594,794.

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IRS990/MissionDesc0WE ARE DEDICATED TO ONE SINGLE PURPOSE: EMPOWERING VETERANS TO LEAD HIGH-QUALITY LIVES WITH RESPECT AND DIGNITY. SEE SCHEDULE O FOR FURTHER DETAILS.
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Peer Organizations

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