Civic Intelligence

Bong P-38 Fund Incorporated

990 • Fiscal year 2017 • EIN 39-1647421

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 20, 2018

305 Harborview ParkwaySuperior, WI 54880

(715) 392-7151

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.12x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

26th percentile

-3.1%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

8.0%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,960,840

Down $125,230 (-3.1%) from 2016

Net Assets

Down

$3,450,922

Down $53,659 (-1.5%) from 2016

Liabilities

Down

$509,918

Down $71,571 (-12%) from 2016

Revenue

Up

$453,604

Up $33,554 (+8.0%) from 2016

Expenses

Down

$507,263

Down $29,667 (-5.5%) from 2016

Net Income

Up

-$53,659

Up $63,221 (+54%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,064,293Liabilities 2010: $1,663,208Net Assets 2010: $3,401,0852010Assets 2011: $4,898,880Liabilities 2011: $1,161,579Net Assets 2011: $3,737,3012011Assets 2012: $4,651,287Liabilities 2012: $974,307Net Assets 2012: $3,676,9802012Assets 2013: $4,535,268Liabilities 2013: $809,841Net Assets 2013: $3,725,4272013Assets 2014: $4,412,740Liabilities 2014: $736,381Net Assets 2014: $3,676,3592014Assets 2015: $4,267,234Liabilities 2015: $645,773Net Assets 2015: $3,621,4612015Assets 2016: $4,086,070Liabilities 2016: $581,489Net Assets 2016: $3,504,5812016Assets 2017: $3,960,840Liabilities 2017: $509,918Net Assets 2017: $3,450,9222017Assets 2018: $3,912,900Liabilities 2018: $428,151Net Assets 2018: $3,484,7492018Assets 2019: $3,842,845Liabilities 2019: $224,101Net Assets 2019: $3,618,7442019Assets 2020: $3,829,536Liabilities 2020: $103,646Net Assets 2020: $3,725,8902020Assets 2021: $3,802,519Liabilities 2021: $13,048Net Assets 2021: $3,789,4712021Assets 2022: $3,784,179Liabilities 2022: $15,557Net Assets 2022: $3,768,6222022Assets 2023: $3,812,294Liabilities 2023: $7,424Net Assets 2023: $3,804,8702023Assets 2024: $3,801,462Liabilities 2024: $6,606Net Assets 2024: $3,794,8562024

Highlighted filing

2017

Assets$3,960,840
Liabilities$509,918
Net Assets$3,450,922

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $546,6682010Expenses 2011: $549,6362011Expenses 2012: $552,1262012Revenue 2013: $582,433Expenses 2013: $533,986Net Income 2013: $48,4472013Revenue 2014: $448,029Expenses 2014: $497,097Net Income 2014: -$49,0682014Revenue 2015: $465,506Expenses 2015: $520,404Net Income 2015: -$54,8982015Revenue 2016: $420,050Expenses 2016: $536,930Net Income 2016: -$116,8802016Revenue 2017: $453,604Expenses 2017: $507,263Net Income 2017: -$53,6592017Revenue 2018: $530,226Expenses 2018: $496,399Net Income 2018: $33,8272018Revenue 2019: $680,299Expenses 2019: $546,304Net Income 2019: $133,9952019Revenue 2020: $621,774Expenses 2020: $514,628Net Income 2020: $107,1462020Revenue 2021: $596,018Expenses 2021: $532,437Net Income 2021: $63,5812021Revenue 2022: $533,958Expenses 2022: $554,807Net Income 2022: -$20,8492022Revenue 2023: $716,653Expenses 2023: $680,405Net Income 2023: $36,2482023Revenue 2024: $749,956Expenses 2024: $759,970Net Income 2024: -$10,0142024

Highlighted filing

2017

Revenue$453,604
Expenses$507,263
Net Income-$53,659
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 20, 2018
Return Version
2017v2.3
Gross Receipts
$493,868
Mission and Program Overview

Mission

The mission of the richard i. Bong veterans historical center is to preserve and honor the memory of major bong and all the veterans of world war ii as well as subsequent conflicts and to provide educational resources for the twin ports area community and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,905,330$3,769,981▼ $135,349
Cash and Non-Interest-Bearing Accounts$160,652$172,639▲ $11,987
Inventories for Sale or Use$17,243$16,685▼ $558
Accounts Receivable$2,845$1,535▼ $1,310
Total Assets$4,086,070$3,960,840▼ $125,230
Liabilities
Mortgage Notes Payable Secured by Investment Property$574,600$499,600▼ $75,000
Accounts Payable and Accrued Expenses$6,889$10,318▲ $3,429
Total Liabilities$581,489$509,918▼ $71,571
Net Assets / Fund Balance
Unrestricted Net Assets$3,504,581$3,450,922▼ $53,659
Total Net Assets Fund Balance$3,504,581$3,450,922▼ $53,659
Total Liabilities and Net Assets / Fund Balance$4,086,070$3,960,840▼ $125,230

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,849,253$1,790,404$4,639,657
Land$800,000-$800,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$178,326
Program Service Revenue
$177,658
Investment Income
$70
Other Revenue
$97,550
All Other Contributions
$163,326
Change in Net Assets
$-53,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,853
Salaries, Compensation, and Employee Benefits$165,410
Total Fundraising Expense$52,931
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$170,479$8,973-$179,452
Other Salaries and Wages$60,627$33,069$44,092$137,788
Fees for Services Accounting-$25,955-$25,955
Interest-$22,093-$22,093
Insurance$15,135$1,682-$16,817
Other Employee Benefits$7,039$3,840$5,120$15,999
Other Expenses$12,827$1,425-$14,252
Payroll Taxes$5,114$2,790$3,719$11,623
Office Expenses$1,711$5,633-$7,344
All Other Expenses$4,704$409-$5,113
Advertising$3,812--$3,812
Total Functional Expenses$345,201$109,131$52,931$507,263
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$97,465
Fundraising Direct Expenses$24,515
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$112,465$97,465$24,515$72,950
Total Events$112,465$97,465$24,515$72,950
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board reviewed the 990 before it was filed.

Form 990, Page 6, Part VI, Line 12C

Policy reveiwed at annual board meeting.

Form 990, Page 6, Part VI, Line 19

Document available upon request.

Filing and Contact Details

Filer

Filer Name
Bong P-38 Fund Inc
EIN
39-1647421
Address
305 HARBORVIEW PARKWAY, SUPERIOR, WI 54880

Signing Officer

Name
Terry Lundberg
Title
Chairman
Signed
2018-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Lundberg
Legal Domicile
Wi
Voting Board Members
11
Independent Board Members
11
Employees
10

Preparer

Firm
Licari Larsen and Company
Address
130 W SUPERIOR ST STE 712, DULUTH, MN 55802
Preparer
Steven S Licari CPA
Phone
2187222226
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the richard i. Bong veterans historical center is to preserve and honor the memory of major bong and all the veterans of world war ii as well as subsequent conflicts and to provide educational resources for the twin ports area community and beyond.

Form 990, Part XI, Line 9

Special events expenses 0 special events expenses 0

Raw XML AppendixShowing 400 of 418 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06889
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010318
IRS990/AccountsReceivableGrp/BOYAmt02845
IRS990/AccountsReceivableGrp/EOYAmt01535
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE RICHARD I. BONG VETERANS HISTORICAL CENTER IS TO PRESERVE AND HONOR THE MEMORY OF MAJOR BONG AND ALL THE VETERANS OF WORLD WAR II AS WELL AS SUBSEQUENT CONFLICTS AND TO PROVIDE EDUCATIONAL RESOURCES FOR THE TWIN PORTS AREA COMMUNITY AND BEYOND.
IRS990/AdvertisingGrp/ProgramServicesAmt03812
IRS990/AdvertisingGrp/TotalAmt03812
IRS990/AllOtherContributionsAmt0163326
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0409
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04704
IRS990/AllOtherExpensesGrp/TotalAmt05113
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0KNUTE PEDERSON
IRS990/BooksInCareOfDetail/PhoneNum07153927151
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0305 HARBORVIEW PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0SUPERIOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd054880
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0160652
IRS990/CashNonInterestBearingGrp/EOYAmt0172639
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt015000
IRS990/CostOfGoodsSoldAmt015749
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0178326
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt070
IRS990/CYOtherExpensesAmt0341853
IRS990/CYOtherRevenueAmt097550
IRS990/CYProgramServiceRevenueAmt0177658
IRS990/CYRevenuesLessExpensesAmt0-53659
IRS990/CYSalariesCompEmpBnftPaidAmt0165410
IRS990/CYTotalExpensesAmt0507263
IRS990/CYTotalFundraisingExpenseAmt052931
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0453604
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08973
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0170479
IRS990/DepreciationDepletionGrp/TotalAmt0179452
IRS990/Desc0MAINTAIN THE BONG CENTER AND ENSURE THE LONG-TERM PRESERVATION OF ITS COLLECTIONS FOR PUBLIC BENEFIT AS OUTLINED IN THE MISSION STATEMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0345201
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025955
IRS990/FeesForServicesAccountingGrp/TotalAmt025955
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN BREMER
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE FISCHER
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN KERN
IRS990/Form990PartVIISectionAGrp/PersonNm3TERRY LUNDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN MANION
IRS990/Form990PartVIISectionAGrp/PersonNm5TOBY MARCOVICH
IRS990/Form990PartVIISectionAGrp/PersonNm6KNUTE PEDERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID PODRATZ
IRS990/Form990PartVIISectionAGrp/PersonNm8EARL ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm9TIM SAUTER
IRS990/Form990PartVIISectionAGrp/PersonNm10JUDY WEBER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt015000
IRS990/FundraisingDirectExpensesAmt024515
IRS990/FundraisingGrossIncomeAmt097465
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0493868
IRS990/GrossSalesOfInventoryAmt032849
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01682
IRS990/InsuranceGrp/ProgramServicesAmt015135
IRS990/InsuranceGrp/TotalAmt016817
IRS990/InterestGrp/ManagementAndGeneralAmt022093
IRS990/InterestGrp/TotalAmt022093
IRS990/InventoriesForSaleOrUseGrp/BOYAmt017243
IRS990/InventoriesForSaleOrUseGrp/EOYAmt016685
IRS990/InvestmentIncomeGrp/ExclusionAmt070
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02892459
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03905330
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03769981
IRS990/LandBldgEquipCostOrOtherBssAmt06662440
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE RICHARD I. BONG VETERANS HISTORICAL CENTER IS TO PRESERVE AND HONOR THE MEMORY OF MAJOR BONG AND ALL THE VETERANS OF WORLD WAR II AS WELL AS SUBSEQUENT CONFLICTS AND TO PROVIDE EDUCATIONAL RESOURCES FOR THE TWIN PORTS AREA COMMUNITY AND BEYOND.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0574600
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0499600
IRS990/NetAssetsOrFundBalancesBOYAmt03504581
IRS990/NetAssetsOrFundBalancesEOYAmt03450922
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt072950
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt017100
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt017100
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05633
IRS990/OfficeExpensesGrp/ProgramServicesAmt01711
IRS990/OfficeExpensesGrp/TotalAmt07344
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05120
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03840
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07039
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015999
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1EDUCATOR EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3REPAIRS/MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03262
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11425
IRS990/OtherExpensesGrp/ProgramServicesAmt029360
IRS990/OtherExpensesGrp/ProgramServicesAmt119557
IRS990/OtherExpensesGrp/ProgramServicesAmt214836
IRS990/OtherExpensesGrp/ProgramServicesAmt312827
IRS990/OtherExpensesGrp/TotalAmt032622
IRS990/OtherExpensesGrp/TotalAmt119557
IRS990/OtherExpensesGrp/TotalAmt214836
IRS990/OtherExpensesGrp/TotalAmt314252
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07500
IRS990/OtherRevenueTotalAmt07500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt044092
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033069
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060627
IRS990/OtherSalariesAndWagesGrp/TotalAmt0137788
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03719
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02790
IRS990/PayrollTaxesGrp/ProgramServicesAmt05114
IRS990/PayrollTaxesGrp/TotalAmt011623
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TERRY LUNDBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HOTEL/MOTEL TAX ALLOCATION
IRS990/ProgramServiceRevenueGrp/Desc1ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0116419
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt160134
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0116419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21105
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0182176
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0101
IRS990/PYOtherExpensesAmt0333386
IRS990/PYOtherRevenueAmt063876
IRS990/PYProgramServiceRevenueAmt0173897
IRS990/PYRevenuesLessExpensesAmt0-116880
IRS990/PYSalariesCompEmpBnftPaidAmt0203544
IRS990/PYTotalExpensesAmt0536930
IRS990/PYTotalRevenueAmt0420050
IRS990/ReconcilationRevenueExpnssAmt0-53659
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0178326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0182176
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0206784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0181411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0315604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01064301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0340
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0315472
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt01064301
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0178326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0182176
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0206784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0181411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0315604
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01064301
IRS990ScheduleA/TotalSupportAmt01064641
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02849253
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01790404
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04639657
IRS990ScheduleD/LandGrp/BookValueAmt0800000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0800000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03649253
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024515
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0112465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0112465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt097465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt097465
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt072950
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt024515
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt024515
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE RICHARD I. BONG VETERANS HISTORICAL CENTER IS TO PRESERVE AND HONOR THE MEMORY OF MAJOR BONG AND ALL THE VETERANS OF WORLD WAR II AS WELL AS SUBSEQUENT CONFLICTS AND TO PROVIDE EDUCATIONAL RESOURCES FOR THE TWIN PORTS AREA COMMUNITY AND BEYOND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWED THE 990 BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY REVEIWED AT ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENT AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIAL EVENTS EXPENSES 0 SPECIAL EVENTS EXPENSES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04086070
IRS990/TotalAssetsEOYAmt03960840
IRS990/TotalAssetsGrp/BOYAmt04086070
IRS990/TotalAssetsGrp/EOYAmt03960840
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0178326
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt052931
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109131
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0345201
IRS990/TotalFunctionalExpensesGrp/TotalAmt0507263
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0581489
IRS990/TotalLiabilitiesEOYAmt0509918
IRS990/TotalLiabilitiesGrp/BOYAmt0581489
IRS990/TotalLiabilitiesGrp/EOYAmt0509918
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03504581
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03450922
IRS990/TotalProgramServiceExpensesAmt0345201
IRS990/TotalProgramServiceRevenueAmt0177658
IRS990/TotalRevenueGrp/ExclusionAmt070
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0202258
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0453604
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04086070
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03960840
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03504581
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03450922
IRS990/USAddress/AddressLine1Txt0305 HARBORVIEW PARKWAY
IRS990/USAddress/CityNm0SUPERIOR
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054880
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY LUNDBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BONG P-38 FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0BONG
ReturnHeader/Filer/EIN0391647421
ReturnHeader/Filer/USAddress/AddressLine1Txt0305 HARBORVIEW PARKWAY
ReturnHeader/Filer/USAddress/CityNm0SUPERIOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054880
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E74612C03A80587096DC8DF1C345BB3C1DA496A2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId031A2F0BA89DF23E0A072414C008B1005B4D7D234
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.01$3.79$0.75$0.76$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.01$3.80$0.72$0.68$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.78$0.02$3.77$0.53$0.55$0.02
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.80$0.01$3.79$0.60$0.53$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.83$0.10$3.73$0.62$0.51$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.22$3.62$0.68$0.55$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.43$3.48$0.53$0.50$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.96$0.51$3.45$0.45$0.51$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$0.58$3.50$0.42$0.54$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.65$3.62$0.47$0.52$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.74$3.68$0.45$0.50$0.05
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.54$0.81$3.73$0.58$0.53$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.97$3.68$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$1.16$3.74$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$1.66$3.40$0.55