Civic Intelligence

Veterans of Foreign Wars Dept of 1639 Finstad-Week Post

990 • Fiscal year 2021 • EIN 41-0641376

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 28, 2022

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

64th percentile

0.03x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.03x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2021

Net Margin

44th percentile

16%

Higher net margin than 44% of similar nonprofits.

2021 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2021 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2021

Asset Growth

74th percentile

26%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

46%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$766,791

Up $123,309 (+19%) from 2020

Net Assets

Up

$746,289

Up $163,300 (+28%) from 2020

Liabilities

Down

$20,502

Down $39,991 (-66%) from 2020

Revenue

Up

$599,469

Up $190,222 (+46%) from 2020

Expenses

Up

$505,506

Up $155,378 (+44%) from 2020

Net Income

Up

$93,963

Up $34,844 (+59%) from 2020

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: $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

2021

Assets$766,791
Liabilities$20,502
Net Assets$746,289

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: $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

2021

Revenue$599,469
Expenses$505,506
Net Income$93,963
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 28, 2022
Return Version
2021v4.0
Gross Receipts
$2,201,959
Mission and Program Overview

Mission

The organization provides support to veterans and families of veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$380,443$543,743▲ $163,300
Land, Buildings, and Equipment, Net$394,995$444,997▲ $50,002
Cash and Non-Interest-Bearing Accounts$200,222$266,155▲ $65,933
Pd in Cap Srpls Land Bldg Eqp Fund$202,546$202,546→ $0
Accounts Receivable$33,826$33,826→ $0
Inventories for Sale or Use$10,604$17,850▲ $7,246
Prepaid Expenses and Deferred Charges$3,835$3,963▲ $128
Total Assets$643,482$766,791▲ $123,309
Liabilities
Mortgage Notes Payable Secured by Investment Property$59,724--
Accounts Payable and Accrued Expenses$769$20,002▲ $19,233
Deferred Revenue-$500-
Total Liabilities$60,493$20,502▼ $39,991
Net Assets / Fund Balance
Total Net Assets Fund Balance$582,989$746,289▲ $163,300
Total Liabilities and Net Assets / Fund Balance$643,482$766,791▲ $123,309

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$312,921$371,444$684,365
Equipment$45,053$310,397$355,450
Other Land Buildings$30,359$46,396$76,755
Land$56,664-$56,664
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
$48,668
Program Service Revenue
$0
Investment Income
$57
Other Revenue
$550,744
Change in Net Assets
$93,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$365,383
Salaries, Compensation, and Employee Benefits$140,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$127,182
All Other Expenses---$114,571
Depreciation Depletion---$101,055
Other Expenses---$21,604
Fees for Services Accounting---$18,239
Payroll Taxes---$12,941
Insurance---$8,256
Advertising---$4,138
Office Expenses---$3,763
Interest---$365
Total Functional Expenses$0$0$0$505,506
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,613,880
Gaming Direct Expenses$1,418,430
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 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
2022-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucas Billmeier
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
25

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

Repairs 20,903 0 0 property taxes 18,050 0 0 supplies 16,480 0 0 income tax 12,443 0 0 misc 9,550 0 0 bank charges 9,514 0 0 laundry 7,445 0 0 bands 6,483 0 0 licenses 5,595 0 0 telephone & internet 4,906 0 0 garbage 3,423 0 0 out labor 105 0 0 travel 51 0 0 cash short -71 0 0 post expense -306 0 0 total 114,571 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 69,337 acc depreciation adjustment 0 rounding 0 acc depreciation adjustment 0 total 69,337

Raw XML Appendix381 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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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0444997
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/DistributedAmt021604
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09800
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt01379468
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01389268
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01418430
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt014700
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01599180
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt01613880
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0195450
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt029162
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt029162
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt016047
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 21,604
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/ExplanationTxt7REPAIRS 20,903 0 0 PROPERTY TAXES 18,050 0 0 SUPPLIES 16,480 0 0 INCOME TAX 12,443 0 0 MISC 9,550 0 0 BANK CHARGES 9,514 0 0 LAUNDRY 7,445 0 0 BANDS 6,483 0 0 LICENSES 5,595 0 0 TELEPHONE & INTERNET 4,906 0 0 GARBAGE 3,423 0 0 OUT LABOR 105 0 0 TRAVEL 51 0 0 CASH SHORT -71 0 0 POST EXPENSE -306 0 0 TOTAL 114,571 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE 69,337 ACC DEPRECIATION ADJUSTMENT 0 ROUNDING 0 ACC DEPRECIATION ADJUSTMENT 0 TOTAL 69,337
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/TotalAssetsBOYAmt0643482
IRS990/TotalAssetsEOYAmt0766791
IRS990/TotalAssetsGrp/BOYAmt0643482
IRS990/TotalAssetsGrp/EOYAmt0766791
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt048668
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0505506
IRS990/TotalGrossUBIAmt0374506
IRS990/TotalLiabilitiesBOYAmt060493
IRS990/TotalLiabilitiesEOYAmt020502
IRS990/TotalLiabilitiesGrp/BOYAmt060493
IRS990/TotalLiabilitiesGrp/EOYAmt020502
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0582989
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0746289
IRS990/TotalProgramServiceExpensesAmt0505506
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0176295
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0599469
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0374506
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0643482
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0766791
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 330
IRS990/USAddress/CityNm0WILLMAR
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056201
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS BILLMEIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMANDER
ReturnHeader/BusinessOfficerGrp/PhoneNum03202359811
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-28
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/PreparationDt02022-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT VAN BUREN CPA
ReturnHeader/ReturnTs02022-05-12T16:14:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUCAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BILLMEIER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
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