Civic Intelligence

Watch City Post 1307 Inc

EIN 36-1934682 • 501(c)19 • Elgin, IL

Profile

The vfw's mission is to "honor the deceased by helping the living: through veteran's service, community service, national security and strong national defense.

450 Airport Rd Ste 110Elgin, IL 60123

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

501(c)19 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

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

501(c)19 • <$500k nonprofits • Source year 2018

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

501(c)19 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

501(c)19 • <$500k nonprofits • Source year 2018

Asset Growth

61st percentile

3.4%

Faster asset growth than 61% of similar nonprofits.

501(c)19 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-61%

Faster revenue growth than 6% of similar nonprofits.

501(c)19 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$339,766

Up $11,204 (+3.4%) from 2017

Liabilities

Down

$0

Down $7,491 (-100%) from 2017

Net Assets

Up

$339,766

Up $18,695 (+5.8%) from 2017

Operations
Liabilities / Revenue57th percentileNet Margin88th percentile

Revenue

Down

$47,608

Down $75,321 (-61%) from 2017

Expenses

Down

$29,313

Down $129,085 (-81%) from 2017

Net Income

Up

$18,295

Up $53,764 (+152%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$400K$300K$200K$100K$0Assets 2016: $357,888Liabilities 2016: $838Net Assets 2016: $357,0502016Assets 2017: $328,562Liabilities 2017: $7,491Net Assets 2017: $321,0712017Assets 2018: $339,766Liabilities 2018: $0Net Assets 2018: $339,7662018

Highlighted filing

2018

Assets$339,766
Liabilities$0
Net Assets$339,766
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$200K$100K$0-$100KRevenue 2016: $152,535Expenses 2016: $182,452Net Income 2016: -$29,9172016Revenue 2017: $122,929Expenses 2017: $158,398Net Income 2017: -$35,4692017Revenue 2018: $47,608Expenses 2018: $29,313Net Income 2018: $18,2952018

Highlighted filing

2018

Revenue$47,608
Expenses$29,313
Net Income$18,295
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$339,766
Liabilities
$0
Net assets
$339,766
Revenue
$47,608
Expenses
$29,313
Net income
$18,295
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$0.48$0.29$0.18
2017Detailed filing. Detailed filing data is available for this year.$3.29$0.07$3.21$1.23$1.58$0.35
2016Detailed filing. Detailed filing data is available for this year.$3.58$0.01$3.57$1.53$1.82$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 17, 2018
Return Version
2017v2.3
Gross Receipts
$399,017
Mission and Program Overview

Mission

The vfw's mission is to "honor the deceased by helping the living: through veteran's service, community service, national security and strong national defense.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$321,070$339,766▲ $18,696
Land, Buildings, and Equipment, Net$314,482--
Savings and Temporary Cash Investments-$300,000-
Cash and Non-Interest-Bearing Accounts$13,624$39,310▲ $25,686
Other Notes and Loans Receivable, Net$206$206→ $0
Total Assets$328,562$339,766▲ $11,204
Other Assets Total$250$250→ $0
Liabilities
Unsecured Notes Loans Payable$7,000--
Accounts Payable and Accrued Expenses$492--
Total Liabilities$7,492$0▼ $7,492
Net Assets / Fund Balance
Total Net Assets Fund Balance$321,070$339,766▲ $18,696
Total Liabilities and Net Assets / Fund Balance$328,562$339,766▲ $11,204
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Nick HarringtonPost Command
Shirldine NohlPost Jr Vice
Joshua VondranPost Quarter
Walt PorterPost Sr Vice
Revenue and Support

Revenue Composition

Contributions and Grants
$1,109
Program Service Revenue
$6,583
Investment Income
$39,916
Other Revenue
$0
Change in Net Assets
$18,295
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$19,447-$19,447
Fees for Services Accounting-$2,776-$2,776
Depreciation Depletion$2,641--$2,641
Office Expenses-$1,889-$1,889
Insurance-$1,252-$1,252
Other Expenses$617--$617
Advertising-$485-$485
Travel-$206-$206
Total Functional Expenses$3,258$26,055$0$29,313
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Watch City Post 1307 Inc
EIN
36-1934682
Address
450 AIRPORT RD STE 110, ELGIN, IL 60123

Signing Officer

Name
Nick Harrington
Title
Post Commander
Phone
8478889809
Signed
2018-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nick Harrington
Formed
1964
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Raymond J Busch Ltd CPA
Address
13011 S 104TH AVE STE 200, PALOS PARK, IL 60464
Preparer
Raymond J Busch
Phone
7083613700
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To provide for the benefit of veterans”

Form 990, Part IX, Line 11G

“Post operations bank service charge 0 40 0 credit card fees 0 63 0 equipment rental 0 5,239 0 license & permits 0 326 0 scavenger 0 1,467 0 sales promotion 0 425 0 taxes-sales 0 1,042 0 telephone 0 1,304 0 utilities 0 1,709 0 water 0 985 0 charity work 0 1,450 0 dues & subscriptions 0 45 0 entertainment 0 3,166 0 outside service 0 395 0 rent 0 315 0 taxes-other 0 10 0 vfw dues 0 720 0 contributions 0 700 0 taxes-unemployment 0 46 0 total 0 19,447 0”

Form 990, Part XI, Line 9

“Prior yr adj 0 prior adj 0”

Raw XML Appendix260 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/ChangeToOrgDocumentsInd0false
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IRS990/Desc0NO PROGRAMS
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IRS990/EmployeeCnt03
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0NICK HARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSHUA VONDRAN
IRS990/Form990PartVIISectionAGrp/PersonNm2WALT PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm3SHIRLDINE NOHL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0POST COMMAND
IRS990/Form990PartVIISectionAGrp/TitleTxt1POST QUARTER
IRS990/Form990PartVIISectionAGrp/TitleTxt2POST SR VICE
IRS990/Form990PartVIISectionAGrp/TitleTxt3POST JR VICE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt039916
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0391325
IRS990/GrossReceiptsAmt0399017
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01252
IRS990/InsuranceGrp/TotalAmt01252
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt04
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0314482
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0351409
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01109
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE VFW'S MISSION IS TO "HONOR THE DECEASED BY HELPING THE LIVING: THROUGH VETERAN'S SERVICE, COMMUNITY SERVICE, NATIONAL SECURITY AND STRONG NATIONAL DEFENSE.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0321070
IRS990/NetAssetsOrFundBalancesEOYAmt0339766
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt039916
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0250
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03258
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE FOR THE BENEFIT OF VETERANS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POST OPERATIONS BANK SERVICE CHARGE 0 40 0 CREDIT CARD FEES 0 63 0 EQUIPMENT RENTAL 0 5,239 0 LICENSE & PERMITS 0 326 0 SCAVENGER 0 1,467 0 SALES PROMOTION 0 425 0 TAXES-SALES 0 1,042 0 TELEPHONE 0 1,304 0 UTILITIES 0 1,709 0 WATER 0 985 0 CHARITY WORK 0 1,450 0 DUES & SUBSCRIPTIONS 0 45 0 ENTERTAINMENT 0 3,166 0 OUTSIDE SERVICE 0 395 0 RENT 0 315 0 TAXES-OTHER 0 10 0 VFW DUES 0 720 0 CONTRIBUTIONS 0 700 0 TAXES-UNEMPLOYMENT 0 46 0 TOTAL 0 19,447 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR YR ADJ 0 PRIOR ADJ 0
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0POST COMMANDER
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VFW
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ReturnHeader/FilingSecurityInformation/IPTm011:08:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363866681
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060464
ReturnHeader/PreparerPersonGrp/PhoneNum07083613700
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAYMOND J BUSCH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-09-17T11:08:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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