Civic Intelligence

Veterans of Foreign Wars Dept of 1639 Finstad-Week Post

990 • Fiscal year 2020 • EIN 41-0641376

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 01, 2021

1108 E Hwy 12Willmar, MN 56201

(320) 235-9811

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.10x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.15x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

6.2%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

74th percentile

5.0%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-33%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$609,656

Up $29,128 (+5.0%) from 2019

Net Assets

Up

$549,163

Up $23,649 (+4.5%) from 2019

Liabilities

Up

$60,493

Up $5,479 (+10.0%) from 2019

Revenue

Down

$409,247

Down $202,473 (-33%) from 2019

Expenses

Down

$383,954

Down $175,059 (-31%) from 2019

Net Income

Down

$25,293

Down $27,414 (-52%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $478,225Liabilities 2011: $74,115Net Assets 2011: $404,1102011Assets 2012: $475,572Liabilities 2012: $60,582Net Assets 2012: $414,9902012Assets 2013: $486,198Liabilities 2013: $46,778Net Assets 2013: $439,4202013Assets 2014: $456,855Liabilities 2014: $30,433Net Assets 2014: $426,4222014Assets 2015: $520,883Liabilities 2015: $83,585Net Assets 2015: $437,2982015Assets 2016: $508,389Liabilities 2016: $65,703Net Assets 2016: $442,6862016Assets 2017: $527,422Liabilities 2017: $87,155Net Assets 2017: $440,2672017Assets 2018: $550,052Liabilities 2018: $75,773Net Assets 2018: $474,2792018Assets 2019: $580,528Liabilities 2019: $55,014Net Assets 2019: $525,5142019Assets 2020: $609,656Liabilities 2020: $60,493Net Assets 2020: $549,1632020Assets 2020: $643,482Liabilities 2020: $60,493Net Assets 2020: $582,9892020Assets 2021: $766,791Liabilities 2021: $20,502Net Assets 2021: $746,2892021Assets 2022: $728,482Liabilities 2022: $15,511Net Assets 2022: $712,9712022Assets 2023: $688,133Liabilities 2023: $23,746Net Assets 2023: $664,3872023Assets 2024: $580,028Liabilities 2024: $24,996Net Assets 2024: $555,0322024Assets 2025: $524,062Liabilities 2025: $41,599Net Assets 2025: $482,4632025

Highlighted filing

2020

Assets$609,656
Liabilities$60,493
Net Assets$549,163

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $440,509Expenses 2011: $435,021Net Income 2011: $5,4882011Revenue 2012: $427,574Expenses 2012: $419,491Net Income 2012: $8,0832012Revenue 2013: $476,915Expenses 2013: $445,124Net Income 2013: $31,7912013Revenue 2014: $495,229Expenses 2014: $508,227Net Income 2014: -$12,9982014Revenue 2015: $468,329Expenses 2015: $454,573Net Income 2015: $13,7562015Revenue 2016: $494,816Expenses 2016: $489,428Net Income 2016: $5,3882016Revenue 2017: $539,928Expenses 2017: $542,347Net Income 2017: -$2,4192017Revenue 2018: $612,810Expenses 2018: $612,393Net Income 2018: $4172018Revenue 2019: $611,720Expenses 2019: $559,013Net Income 2019: $52,7072019Revenue 2020: $409,247Expenses 2020: $383,954Net Income 2020: $25,2932020Revenue 2020: $409,247Expenses 2020: $350,128Net Income 2020: $59,1192020Revenue 2021: $599,469Expenses 2021: $505,506Net Income 2021: $93,9632021Revenue 2022: $580,704Expenses 2022: $598,330Net Income 2022: -$17,6262022Revenue 2023: $645,433Expenses 2023: $679,836Net Income 2023: -$34,4032023Revenue 2024: $615,625Expenses 2024: $712,379Net Income 2024: -$96,7542024Revenue 2025: $665,534Expenses 2025: $726,592Net Income 2025: -$61,0582025

Highlighted filing

2020

Revenue$409,247
Expenses$383,954
Net Income$25,293
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 1, 2021
Return Version
2020v4.0
Gross Receipts
$1,637,262
Mission and Program Overview

Mission

The organization provides support to veterans and families of veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$372,056$394,995▲ $22,939
Rtn Earn Endowment Incm Other Fnds$322,968$346,617▲ $23,649
Pd in Cap Srpls Land Bldg Eqp Fund$202,546$202,546→ $0
Cash and Non-Interest-Bearing Accounts$192,052$200,222▲ $8,170
Inventories for Sale or Use$16,418$10,604▼ $5,814
Prepaid Expenses and Deferred Charges$2$3,835▲ $3,833
Total Assets$580,528$609,656▲ $29,128
Liabilities
Mortgage Notes Payable Secured by Investment Property$47,480$59,724▲ $12,244
Accounts Payable and Accrued Expenses$7,534$769▼ $6,765
Total Liabilities$55,014$60,493▲ $5,479
Net Assets / Fund Balance
Total Net Assets Fund Balance$525,514$549,163▲ $23,649
Total Liabilities and Net Assets / Fund Balance$580,528$609,656▲ $29,128

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$321,690$410,405$732,095
Equipment$15,120$240,215$255,335
Land$56,664-$56,664
Other Land Buildings$1,521$45,895$47,416
Compensation and Service Providers

Board Members and Trustees

NameTitle
Al KelmTrustee
Dana RustadTrustee
Verdell BjerketvedtTrustee
Kristofor HolienAdjutant
Neil VeraChaplain
Lucas BillmeierCommander
Logan BoodyJr. Vice
Jesse HyattQuartermaste
Trisha AppledornService Offi
Todd HowardSr. Vice
Revenue and Support

Revenue Composition

Contributions and Grants
$2,941
Program Service Revenue
$0
Investment Income
$32
Other Revenue
$406,274
Change in Net Assets
$25,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,309
Salaries, Compensation, and Employee Benefits$145,645
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$137,373
All Other Expenses---$84,943
Depreciation Depletion---$18,066
Other Expenses---$17,396
Fees for Services Accounting---$13,312
Insurance---$10,557
Payroll Taxes---$8,272
Advertising---$5,232
Occupancy---$2,924
Interest---$1,744
Office Expenses---$1,336
Total Functional Expenses$0$0$0$383,954
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,217,002
Gaming Direct Expenses$1,081,977
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
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ORGANIZATION HAS MEMBERS

Form 990, Page 6, Part VI, Line 7A

Officers are elected by members

Form 990, Page 6, Part VI, Line 7B

Board decisions are subject to member approval

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

A copy of form 990 is presented to the board for approval prior to the filing of the return.

Form 990, Page 6, Part VI, Line 15A

The board that is elected by members makes the decisions on compensation.

Form 990, Page 6, Part VI, Line 15B

The board that is elected by members makes the decisions on compensation.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Finstad Week Post 1639
EIN
41-0641376
Phone
3202359811
Address
1108 E HWY 12, WILLMAR, MN 56201

Signing Officer

Name
Lucas Billmeier
Title
Commander
Phone
3202359811
Signed
2021-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucas Billmeier
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
0
Employees
27

Preparer

Firm
Westberg-eischens Pllp
Address
PO BOX 362, WILLMAR, MN 56201-0362
Preparer
Scott Van Buren CPA
Phone
3202353727
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Program expenses 13,165 0 0 supplies 12,668 0 0 bands 11,540 0 0 bank charges 10,545 0 0 income tax 9,333 0 0 misc 7,130 0 0 post expense 5,564 0 0 licenses 4,565 0 0 laundry 4,493 0 0 telephone & internet 1,961 0 0 garbage 1,656 0 0 continuing ed 1,331 0 0 out labor 1,160 0 0 property taxes 886 0 0 travel 549 0 0 donation 165 0 0 cash short -1,768 0 0 total 84,943 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -13,766 acc depreciation adjustment 12,122 rounding 0 acc depreciation adjustment 0 total -1,644

Raw XML Appendix364 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt015186
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IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerPersonNm0BRIAN GISLASON
IRS990ScheduleG/GamingManagerServicesProvTxt0GENERAL OVERSIGHT/MANAGEMENT
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0BRIAN GISLASON
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01108 E HWY 12
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0WILLMAR
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd056201
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0MINNESOTA 24,485
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PAGE 3, PART III, LINE 17B
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS ARE ELECTED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD DECISIONS ARE SUBJECT TO MEMBER APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF FORM 990 IS PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD THAT IS ELECTED BY MEMBERS MAKES THE DECISIONS ON COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD THAT IS ELECTED BY MEMBERS MAKES THE DECISIONS ON COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAM EXPENSES 13,165 0 0 SUPPLIES 12,668 0 0 BANDS 11,540 0 0 BANK CHARGES 10,545 0 0 INCOME TAX 9,333 0 0 MISC 7,130 0 0 POST EXPENSE 5,564 0 0 LICENSES 4,565 0 0 LAUNDRY 4,493 0 0 TELEPHONE & INTERNET 1,961 0 0 GARBAGE 1,656 0 0 CONTINUING ED 1,331 0 0 OUT LABOR 1,160 0 0 PROPERTY TAXES 886 0 0 TRAVEL 549 0 0 DONATION 165 0 0 CASH SHORT -1,768 0 0 TOTAL 84,943 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE -13,766 ACC DEPRECIATION ADJUSTMENT 12,122 ROUNDING 0 ACC DEPRECIATION ADJUSTMENT 0 TOTAL -1,644
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0580528
IRS990/TotalAssetsEOYAmt0609656
IRS990/TotalAssetsGrp/BOYAmt0580528
IRS990/TotalAssetsGrp/EOYAmt0609656
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02941
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0383954
IRS990/TotalGrossUBIAmt0274406
IRS990/TotalLiabilitiesBOYAmt055014
IRS990/TotalLiabilitiesEOYAmt060493
IRS990/TotalLiabilitiesGrp/BOYAmt055014
IRS990/TotalLiabilitiesGrp/EOYAmt060493
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0525514
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0549163
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0131900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409247
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0274406
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0580528
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0609656
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 330
IRS990/USAddress/CityNm0WILLMAR
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056201
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS BILLMEIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMANDER
ReturnHeader/BusinessOfficerGrp/PhoneNum03202359811
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINSTAD WEEK POST 1639
ReturnHeader/Filer/BusinessNameControlTxt0FINS
ReturnHeader/Filer/EIN0410641376
ReturnHeader/Filer/PhoneNum03202359811
ReturnHeader/Filer/USAddress/AddressLine1Txt01108 E HWY 12
ReturnHeader/Filer/USAddress/CityNm0WILLMAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411792388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESTBERG-EISCHENS PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 362
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLMAR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0562010362
ReturnHeader/PreparerPersonGrp/PhoneNum03202353727
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT VAN BUREN CPA
ReturnHeader/ReturnTs02021-09-01T12:53:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUCAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BILLMEIER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.24$0.42$4.82$6.66$7.27$0.61
2024Detailed filing. Detailed filing data is available for this year.$5.80$0.25$5.55$6.16$7.12$0.97
2023Detailed filing. Detailed filing data is available for this year.$6.88$0.24$6.64$6.45$6.80$0.34
2022Detailed filing. Detailed filing data is available for this year.$7.28$0.16$7.13$5.81$5.98$0.18
2021Detailed filing. Detailed filing data is available for this year.$7.67$0.21$7.46$5.99$5.06$0.94
2020Detailed filing. Detailed filing data is available for this year.$6.43$0.60$5.83$4.09$3.50$0.59
2020Detailed filing. Detailed filing data is available for this year.$6.10$0.60$5.49$4.09$3.84$0.25
2019Detailed filing. Detailed filing data is available for this year.$5.81$0.55$5.26$6.12$5.59$0.53
2018Detailed filing. Detailed filing data is available for this year.$5.50$0.76$4.74$6.13$6.12$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.27$0.87$4.40$5.40$5.42$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.08$0.66$4.43$4.95$4.89$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.21$0.84$4.37$4.68$4.55$0.14
2014Detailed filing. Detailed filing data is available for this year.$4.57$0.30$4.26$4.95$5.08$0.13
2013Detailed filing. Detailed filing data is available for this year.$4.86$0.47$4.39$4.77$4.45$0.32
2012Summary only. Only limited summary data is available for this year.$4.76$0.61$4.15$4.28$4.19$0.08
2011Summary only. Only limited summary data is available for this year.$4.78$0.74$4.04$4.41$4.35$0.05