Civic Intelligence

The Sar Foundation Inc

990 • Fiscal year 2016 • EIN 36-4514524

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 23, 2017

809 West Main StreetLouisville, KY 40202

(502) 589-1776

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

48th percentile

0.17x

Higher debt load relative to revenue than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$102,964

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

42nd percentile

-0.1%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$7,997,786

Down $7,643 (-0.1%) from 2015

Net Assets

Down

$7,871,107

Down $9,797 (-0.1%) from 2015

Liabilities

Up

$126,679

Up $2,154 (+1.7%) from 2015

Revenue

Down

$765,965

Down $117,792 (-13%) from 2015

Expenses

Up

$980,547

Up $321,327 (+49%) from 2015

Net Income

Down

-$214,582

Down $439,119 (-196%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,762,679Liabilities 2010: $94,747Net Assets 2010: $4,667,9322010Assets 2011: $4,613,153Liabilities 2011: $71,115Net Assets 2011: $4,542,0382011Assets 2012: $7,181,518Liabilities 2012: $73,454Net Assets 2012: $7,108,0642012Assets 2013: $6,282,155Liabilities 2013: $74,527Net Assets 2013: $6,207,6282013Assets 2014: $8,109,503Liabilities 2014: $113,407Net Assets 2014: $7,996,0962014Assets 2015: $8,005,429Liabilities 2015: $124,525Net Assets 2015: $7,880,9042015Assets 2016: $7,997,786Liabilities 2016: $126,679Net Assets 2016: $7,871,1072016Assets 2017: $9,468,911Liabilities 2017: $397,288Net Assets 2017: $9,071,6232017Assets 2018: $8,649,461Liabilities 2018: $269,819Net Assets 2018: $8,379,6422018Assets 2019: $9,513,558Liabilities 2019: $166,897Net Assets 2019: $9,346,6612019Assets 2020: $9,959,164Liabilities 2020: $187,458Net Assets 2020: $9,771,7062020Assets 2021: $12,240,583Liabilities 2021: $211,968Net Assets 2021: $12,028,6152021Assets 2022: $2,055,750Liabilities 2022: $108,643Net Assets 2022: $1,947,1072022Assets 2023: $2,804,817Liabilities 2023: $1,870,112Net Assets 2023: $934,7052023Assets 2024: $5,097,640Liabilities 2024: $2,472,924Net Assets 2024: $2,624,7162024

Highlighted filing

2016

Assets$7,997,786
Liabilities$126,679
Net Assets$7,871,107

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $2,088,6732010Expenses 2011: $717,3752011Expenses 2012: $576,9142012Revenue 2013: $1,176,560Expenses 2013: $2,459,227Net Income 2013: -$1,282,6672013Revenue 2014: $2,981,108Expenses 2014: $678,834Net Income 2014: $2,302,2742014Revenue 2015: $883,757Expenses 2015: $659,220Net Income 2015: $224,5372015Revenue 2016: $765,965Expenses 2016: $980,547Net Income 2016: -$214,5822016Revenue 2017: $1,078,265Expenses 2017: $636,192Net Income 2017: $442,0732017Revenue 2018: $824,784Expenses 2018: $533,986Net Income 2018: $290,7982018Revenue 2019: $1,044,529Expenses 2019: $1,084,791Net Income 2019: -$40,2622019Revenue 2020: $881,698Expenses 2020: $935,291Net Income 2020: -$53,5932020Revenue 2021: $3,068,872Expenses 2021: $986,641Net Income 2021: $2,082,2312021Revenue 2022: $1,346,671Expenses 2022: $9,068,964Net Income 2022: -$7,722,2932022Revenue 2023: $1,062,553Expenses 2023: $386,255Net Income 2023: $676,2982023Revenue 2024: $4,632,127Expenses 2024: $4,283,427Net Income 2024: $348,7002024

Highlighted filing

2016

Revenue$765,965
Expenses$980,547
Net Income-$214,582
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$4,898,359
Mission and Program Overview

Mission

To receive and administer funds for the national society of the sons of the american revolution (nssar), a tax-exempt affiliate, to assist with the purpose of educating the general public about the american revolution and to promote patriotism.

To receive and administer funds from the national society of the sons of the american revolution, a tax-exempt affiliate, to assist with the purpose of educating the general public about the american revolution and to promote patriotism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,189,564$7,408,424▲ $218,860
Cash and Non-Interest-Bearing Accounts$600,059$403,005▼ $197,054
Pledges and Grants Receivable$213,978$184,996▼ $28,982
Land, Buildings, and Equipment, Net$1,828$1,361▼ $467
Total Assets$8,005,429$7,997,786▼ $7,643
Liabilities
Other Liabilities$114,379$109,420▼ $4,959
Accounts Payable and Accrued Expenses$10,146$17,259▲ $7,113
Total Liabilities$124,525$126,679▲ $2,154
Net Assets / Fund Balance
Unrestricted Net Assets$4,500,290$4,505,233▲ $4,943
Temporarily Rstr Net Assets$3,309,888$3,298,148▼ $11,740
Permanently Rstr Net Assets$70,726$67,726▼ $3,000
Total Net Assets Fund Balance$7,880,904$7,871,107▼ $9,797
Total Liabilities and Net Assets / Fund Balance$8,005,429$7,997,786▼ $7,643

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,361$5,871$7,232

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$4,472,311$1,737▲ $254,562$178,351$4,550,259
2015$4,763,940$5,425▼ $137,724$159,330$4,472,311
2014$3,498,741$1,143,543▲ $211,656$90,000$4,763,940
2013$3,223,871$2,578▲ $342,292$70,000$3,498,741
2012$2,280,780$747,486▲ $263,105$67,500$3,223,871
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Donald ShawExecutive DirectorPT$102,964$102,964
Mary ButtsDirector of FinancePT$54,777$54,777

Board Members and Trustees

NameTitle
Judge Thomas E LawrenceChairman to 7/13
J Michael Tomme SrSecretary to 7/13 Then Chairman
Dr Samuel C PowellPresident
Joseph W DooleyVice President
Hon Rick D HollisDirector
John L DoddDirector
Michael J ElstonDirector
Stephen Arthur LeishmanDirector
Randall S EllisDirector to 7/13
Warren M AlterTreasurer as of 7/14
Larry T GuzyTreasurer to 7/13 Then Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$533,286
Program Service Revenue
$0
Investment Income
$232,679
Other Revenue
$0
All Other Contributions
$531,362
Change in Net Assets
$-214,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$803,854
Other Expenses$176,693
Total Fundraising Expense$142,413
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$803,854--$803,854
Office Expenses--$52,411$52,411
Fees for Service Investment Mgmnt Fees-$34,280-$34,280
Advertising--$7,669$7,669
Fees for Services Legal--$7,333$7,333
Travel--$1,948$1,948
Other Expenses--$756$756
Depreciation Depletion--$467$467
Information Technology--$430$430
All Other Expenses--$60$60
Total Functional Expenses$803,854$34,280$142,413$980,547
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The National Society of the Sons of the American RevolutionLouisville, KY501(c)(3)To Assist the National Society of the Sons of the American Revolution in Educating the Public About the American Revolution and Promoting Patriotism.$803,854
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Affiliate$109,420
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one class of members which consist of a corporate member, the national society of the sons of the american revolution.

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

Annually, the corporate member shall elect directors to succeed directors whose terms have expired and to fill vacancies that have occurred. Such action by the corporate member shall constitute the annual meeting of members.

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

A draft of the return is reviewed first by internal management. After internal management has reviewed the return and any changes are made a draft is provided to the board for review. Once the comments from the board are reviewed the final draft of the return is prepared and signed by the executive director.

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

The conflict of interest policy shall be developed and continually reviewed for complance with applicable federal and state laws and "best practices" by the legal advisory committee with input from the chancellor general and the executive director. Signatories acknowledging receipt of, and compliance with, said conflict of interest policy shall include, without limitation, all general officers, executive committee members, members of the board of trustees, committee members and full or part-time employees of nssar. Execution of said conflict of interest policy shall be required annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Sar Foundation Inc
EIN
36-4514524
Phone
5025891776
Address
809 WEST MAIN STREET, LOUISVILLE, KY 40202

Signing Officer

Name
Don Shaw
Title
Executive Director
Phone
5025891776
Signed
2017-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Shaw
Formed
2002
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
60

Preparer

Firm
Mountjoy Chilton Medley Llp
Address
462 S FOURTH ST SUITE 2600, LOUISVILLE, KY 40202-3445
Preparer
Rebecca L Phillips CPA
Phone
5027491900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

The organization's policy has not changed from prior year. The organization has an audit committee that continues to oversee the audit of the financial statements and the selection of the independent auditor.

Financial Statement Notes

PART V, LINE 4:

The organizations endowment funds were established to help fund the operations of the nssar headquarters, museum and library and to support specific programs and contests designed to promote patriotism and a deeper appreciation for the sacrifices made by patriots during the american revolutionary war era.

PART X, LINE 2:

Nssar and the foundation have been granted tax-exempt status by the internal revenue service under internal revenue code section 501(c)(3) as non-profit organizations that are not private foundations.nssar is subject to income tax on certain unrelated business activity. However, allowable cost allocations have resulted in tax losses. The organization recognizes uncertain income tax positions using the "more-likely-than-not" approach as defined in the asc. No liability for uncertain tax positions has been recorded in the accompanying financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER AS OF 7/14
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0430
IRS990/InformationTechnologyGrp/TotalAmt0430
IRS990/InvestmentIncomeGrp/ExclusionAmt0222275
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IRS990/LandBldgEquipCostOrOtherBssAmt07232
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04132394
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO RECEIVE AND ADMINISTER FUNDS FROM THE NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION (NSSAR), A TAX-EXEMPT AFFILIATE, TO ASSIST WITH THE PURPOSE OF EDUCATING THE GENERAL PUBLIC ABOUT THE AMERICAN REVOLUTION AND TO PROMOTE PATRIOTISM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07880904
IRS990/NetAssetsOrFundBalancesEOYAmt07871107
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt010404
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010404
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0204785
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt05304
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt052411
IRS990/OfficeExpensesGrp/TotalAmt052411
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REIMBURSED PAYROLL EXPE
IRS990/OtherExpensesGrp/Desc1FUND RAISING CAPITAL CA
IRS990/OtherExpensesGrp/Desc2LICENSE AND FEES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt042348
IRS990/OtherExpensesGrp/FundraisingAmt124693
IRS990/OtherExpensesGrp/FundraisingAmt24298
IRS990/OtherExpensesGrp/FundraisingAmt3756
IRS990/OtherExpensesGrp/TotalAmt042348
IRS990/OtherExpensesGrp/TotalAmt124693
IRS990/OtherExpensesGrp/TotalAmt24298
IRS990/OtherExpensesGrp/TotalAmt3756
IRS990/OtherLiabilitiesGrp/BOYAmt0114379
IRS990/OtherLiabilitiesGrp/EOYAmt0109420
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt070726
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt067726
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0213978
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0184996
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DON SHAW
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0726157
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0511346
IRS990/PYInvestmentIncomeAmt0157600
IRS990/PYOtherExpensesAmt0147874
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0224537
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0659220
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0883757
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-214582
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01924
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0530116355
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0803854
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0803854
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.98380
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04472311
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01737
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04550259
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0254562
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0178351
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04763940
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05425
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04472311
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-137724
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0159330
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03498741
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01143543
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04763940
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0211656
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt090000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03223871
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02578
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03498741
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0342292
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt070000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02280780
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0747486
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03223871
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0263105
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt067500
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01361
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05871
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07232
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0109420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM AFFILIATE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00340
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS ENDOWMENT FUNDS WERE ESTABLISHED TO HELP FUND THE OPERATIONS OF THE NSSAR HEADQUARTERS, MUSEUM AND LIBRARY AND TO SUPPORT SPECIFIC PROGRAMS AND CONTESTS DESIGNED TO PROMOTE PATRIOTISM AND A DEEPER APPRECIATION FOR THE SACRIFICES MADE BY PATRIOTS DURING THE AMERICAN REVOLUTIONARY WAR ERA.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NSSAR AND THE FOUNDATION HAVE BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS NON-PROFIT ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS.NSSAR IS SUBJECT TO INCOME TAX ON CERTAIN UNRELATED BUSINESS ACTIVITY. HOWEVER, ALLOWABLE COST ALLOCATIONS HAVE RESULTED IN TAX LOSSES. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01280
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01361
IRS990ScheduleD/TotalLiabilityAmt0109420
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0803854
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST THE NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION IN EDUCATING THE PUBLIC ABOUT THE AMERICAN REVOLUTION AND PROMOTING PATRIOTISM.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION
IRS990ScheduleI/RecipientTable/RecipientEIN0530116355
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0809 WEST MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOUISVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd040202
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FINANCIAL STATEMENTS OF THE NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION AND VISITS THE MUSEUM TO ENSURE THE PROPER USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE CLASS OF MEMBERS WHICH CONSIST OF A CORPORATE MEMBER, THE NATIONAL SOCIETY OF THE SONS OF THE AMERICAN REVOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, THE CORPORATE MEMBER SHALL ELECT DIRECTORS TO SUCCEED DIRECTORS WHOSE TERMS HAVE EXPIRED AND TO FILL VACANCIES THAT HAVE OCCURRED. SUCH ACTION BY THE CORPORATE MEMBER SHALL CONSTITUTE THE ANNUAL MEETING OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE RETURN IS REVIEWED FIRST BY INTERNAL MANAGEMENT. AFTER INTERNAL MANAGEMENT HAS REVIEWED THE RETURN AND ANY CHANGES ARE MADE A DRAFT IS PROVIDED TO THE BOARD FOR REVIEW. ONCE THE COMMENTS FROM THE BOARD ARE REVIEWED THE FINAL DRAFT OF THE RETURN IS PREPARED AND SIGNED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY SHALL BE DEVELOPED AND CONTINUALLY REVIEWED FOR COMPLANCE WITH APPLICABLE FEDERAL AND STATE LAWS AND "BEST PRACTICES" BY THE LEGAL ADVISORY COMMITTEE WITH INPUT FROM THE CHANCELLOR GENERAL AND THE EXECUTIVE DIRECTOR. SIGNATORIES ACKNOWLEDGING RECEIPT OF, AND COMPLIANCE WITH, SAID CONFLICT OF INTEREST POLICY SHALL INCLUDE, WITHOUT LIMITATION, ALL GENERAL OFFICERS, EXECUTIVE COMMITTEE MEMBERS, MEMBERS OF THE BOARD OF TRUSTEES, COMMITTEE MEMBERS AND FULL OR PART-TIME EMPLOYEES OF NSSAR. EXECUTION OF SAID CONFLICT OF INTEREST POLICY SHALL BE REQUIRED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S POLICY HAS NOT CHANGED FROM PRIOR YEAR. THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT CONTINUES TO OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.10$2.47$2.62$4.63$4.28$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.80$1.87$0.93$1.06$0.39$0.68
2022Detailed filing. Detailed filing data is available for this year.$2.06$0.11$1.95$1.35$9.07$7.72
2021Detailed filing. Detailed filing data is available for this year.$12.2$0.21$12.0$3.07$0.99$2.08
2020Detailed filing. Detailed filing data is available for this year.$9.96$0.19$9.77$0.88$0.94$0.05
2019Detailed filing. Detailed filing data is available for this year.$9.51$0.17$9.35$1.04$1.08$0.04
2018Detailed filing. Detailed filing data is available for this year.$8.65$0.27$8.38$0.82$0.53$0.29
2017Detailed filing. Detailed filing data is available for this year.$9.47$0.40$9.07$1.08$0.64$0.44
2016Detailed filing. Detailed filing data is available for this year.$8.00$0.13$7.87$0.77$0.98$0.21
2015Detailed filing. Detailed filing data is available for this year.$8.01$0.12$7.88$0.88$0.66$0.22
2014Detailed filing. Detailed filing data is available for this year.$8.11$0.11$8.00$2.98$0.68$2.30
2013Detailed filing. Detailed filing data is available for this year.$6.28$0.07$6.21$1.18$2.46$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$0.07$7.11$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.07$4.54$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.09$4.67$2.09