Civic Intelligence

Veterans of Foreign Wars Department of Minnesota

990 • Fiscal year 2021 • EIN 41-0653250

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 30, 2022

420 East WashingtonFergus Falls, MN 56537

(218) 739-2697

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.01x

Higher debt load relative to assets than 52% of similar nonprofits.

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

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

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

Net Margin

76th percentile

37%

Higher net margin than 76% 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

87th percentile

50%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

89th percentile

182%

Faster revenue growth than 89% of similar nonprofits.

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

Assets

Up

$623,487

Up $207,283 (+50%) from 2020

Net Assets

Up

$617,558

Up $304,168 (+97%) from 2020

Liabilities

Down

$5,929

Down $96,885 (-94%) from 2020

Revenue

Up

$814,949

Up $525,757 (+182%) from 2020

Expenses

Up

$510,781

Up $172,275 (+51%) from 2020

Net Income

Up

$304,168

Up $353,482 (+717%) 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 2010: $406,017Liabilities 2010: $33,516Net Assets 2010: $372,5012010Assets 2011: $366,228Liabilities 2011: $29,620Net Assets 2011: $336,6082011Assets 2012: $379,821Liabilities 2012: $32,523Net Assets 2012: $347,2982012Assets 2013: $358,128Liabilities 2013: $29,896Net Assets 2013: $328,2322013Assets 2014: $380,721Liabilities 2014: $28,250Net Assets 2014: $352,4712014Assets 2015: $378,097Liabilities 2015: $15,343Net Assets 2015: $362,7542015Assets 2016: $432,801Liabilities 2016: $28,991Net Assets 2016: $403,8102016Assets 2017: $465,760Liabilities 2017: $37,354Net Assets 2017: $428,4062017Assets 2018: $443,456Liabilities 2018: $34,069Net Assets 2018: $409,3872018Assets 2019: $388,763Liabilities 2019: $26,059Net Assets 2019: $362,7042019Assets 2020: $416,204Liabilities 2020: $102,814Net Assets 2020: $313,3902020Assets 2021: $623,487Liabilities 2021: $5,929Net Assets 2021: $617,5582021Assets 2022: $657,818Liabilities 2022: $7,134Net Assets 2022: $650,6842022Assets 2023: $596,110Liabilities 2023: $8,119Net Assets 2023: $587,9912023Assets 2024: $616,410Liabilities 2024: $6,635Net Assets 2024: $609,7752024

Highlighted filing

2021

Assets$623,487
Liabilities$5,929
Net Assets$617,558

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $348,1082010Expenses 2011: $317,2962011Expenses 2012: $307,8982012Revenue 2013: $311,739Expenses 2013: $330,805Net Income 2013: -$19,0662013Revenue 2014: $402,850Expenses 2014: $378,611Net Income 2014: $24,2392014Revenue 2015: $386,101Expenses 2015: $375,818Net Income 2015: $10,2832015Revenue 2016: $467,415Expenses 2016: $426,360Net Income 2016: $41,0552016Revenue 2017: $431,027Expenses 2017: $406,431Net Income 2017: $24,5962017Revenue 2018: $466,923Expenses 2018: $485,942Net Income 2018: -$19,0192018Revenue 2019: $438,601Expenses 2019: $485,284Net Income 2019: -$46,6832019Revenue 2020: $289,192Expenses 2020: $338,506Net Income 2020: -$49,3142020Revenue 2021: $814,949Expenses 2021: $510,781Net Income 2021: $304,1682021Revenue 2022: $559,810Expenses 2022: $526,684Net Income 2022: $33,1262022Revenue 2023: $560,293Expenses 2023: $622,986Net Income 2023: -$62,6932023Revenue 2024: $525,769Expenses 2024: $503,985Net Income 2024: $21,7842024

Highlighted filing

2021

Revenue$814,949
Expenses$510,781
Net Income$304,168
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 30, 2022
Return Version
2021v4.2
Gross Receipts
$3,975,107
Mission and Program Overview

Mission

To honor, serve, and defend the united states of america and provide support for veterans.

To honor, serve, and defend the United States of American.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,107$345,059▲ $218,952
Land, Buildings, and Equipment, Net$189,561$177,892▼ $11,669
Savings and Temporary Cash Investments$100,536$100,536→ $0
Total Assets$416,204$623,487▲ $207,283
Liabilities
Mortgage Notes Payable Secured by Investment Property$102,507--
Accounts Payable and Accrued Expenses$307$5,929▲ $5,622
Total Liabilities$102,814$5,929▼ $96,885
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$313,390$617,558▲ $304,168
Total Net Assets Fund Balance$313,390$617,558▲ $304,168
Total Liabilities and Net Assets / Fund Balance$416,204$623,487▲ $207,283

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$169,771$456,796$626,567
Equipment$2$117,204$117,206
Leasehold Improvements$7,369$56,881$64,250
Land$750-$750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce WalkupTrustee
Louie KamrowskiTrustee
Rod BergTrustee
Lucas LundgrenAdjutant
Aaron ChristensonChaplin
Cameron HansonCommander
Gabe KainzJunior Vice Commander
Lynette DornbuschQuartermaster
Mark SjostromSenior Vice Commander
Revenue and Support

Revenue Composition

Contributions and Grants
$21,905
Program Service Revenue
$2,663
Investment Income
$214,605
Other Revenue
$575,776
All Other Contributions
$6,905
Change in Net Assets
$304,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,207
Salaries, Compensation, and Employee Benefits$180,498
Grants and Similar Amounts Paid$106,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,195--$123,195
Grants to Domestic Individuals$79,815--$79,815
Payroll Taxes$57,303--$57,303
All Other Expenses$45,373--$45,373
Occupancy$42,682--$42,682
Other Expenses$34,237--$34,237
Grants to Domestic Orgs$26,185--$26,185
Depreciation Depletion$11,669--$11,669
Advertising$10,736--$10,736
Benefits to Members$2,076--$2,076
Office Expenses$1,022--$1,022
Insurance$752--$752
Conferences and Meetings$183--$183
Interest-$122-$122
Total Functional Expenses$510,659$122$0$510,781
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Operation Zero--Support Veterans$5,000
OtterTail County Historical Society--County Support$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$3,136,771
Gaming Direct Expenses$2,901,097
Fundraising Gross Income$3,475
Fundraising Direct Expenses$139
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The Organization is made up of members.

Member election for additional members Part VI line 7A

Members elect all officers/ board members during regular meeting.

Governing body decisions Part VI line 7B

All decisions are approved by the members at regular meetings.

Form 990 governing body review Part VI line 11

Form 990 is reveiwed by the board.

Governing documents etc available to public Part VI line 19

The Organization makes statements and documents available at regular meetings and upon request.

Filing and Contact Details

Filer

Filer Name
VFW Post 612
EIN
41-0653250
Address
420 East Washington, Fergus Falls, MN 56537

Signing Officer

Name
Cameron Hanson
Title
Commander
Phone
2187392697
Signed
2022-08-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Cameron Hanson
Formed
1935
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
45
Volunteers
10

Preparer

Firm
Rose Accounting PLLC
Address
13597 Charles Ln, Becker, MN 55308
Preparer
Shaun Rose
Phone
6122196104
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IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02663
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02133
IRS990/PYContributionsGrantsAmt03644
IRS990/PYGrantsAndSimilarPaidAmt055658
IRS990/PYInvestmentIncomeAmt01461
IRS990/PYOtherExpensesAmt0160452
IRS990/PYOtherRevenueAmt0281660
IRS990/PYProgramServiceRevenueAmt02427
IRS990/PYRevenuesLessExpensesAmt0-49314
IRS990/PYSalariesCompEmpBnftPaidAmt0120263
IRS990/PYTotalExpensesAmt0338506
IRS990/PYTotalRevenueAmt0289192
IRS990/ReconcilationRevenueExpnssAmt0304168
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt016525
IRS990/RentalIncomeOrLossGrp/RealAmt0300
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100536
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100536
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0169771
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0456796
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0626567
IRS990ScheduleD/EquipmentGrp/BookValueAmt02
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117204
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0117206
IRS990ScheduleD/LandGrp/BookValueAmt0750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07369
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt056881
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt064250
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0177892
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0270555
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt02259201
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt02529756
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt02901097
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0459376
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt02677395
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt03136771
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0235674
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0371341
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt044750
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0326591
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt06150
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0Lucas Lundgren
IRS990ScheduleG/GamingManagerServicesProvTxt0All as required by Minnesota Statutes Chapter 349A
IRS990ScheduleG/GamingOwnFacilityPct01.000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0Lynette Dornbusch
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0420 East Washington
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Fergus Falls
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd056537
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt142169
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt229546
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DisabilityHardship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Military
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Youth Activities
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt164
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt245
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support Veterans
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1County Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Operation Zero
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OtterTail County Historical Society
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization is made up of members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect all officers/ board members during regular meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All decisions are approved by the members at regular meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reveiwed by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization makes statements and documents available at regular meetings and upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0416204
IRS990/TotalAssetsEOYAmt0623487
IRS990/TotalAssetsGrp/BOYAmt0416204
IRS990/TotalAssetsGrp/EOYAmt0623487
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021905
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0122
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0510659
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510781
IRS990/TotalGrossUBIAmt0570572
IRS990/TotalLiabilitiesBOYAmt0102814
IRS990/TotalLiabilitiesEOYAmt05929
IRS990/TotalLiabilitiesGrp/BOYAmt0102814
IRS990/TotalLiabilitiesGrp/EOYAmt05929
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0313390
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0617558
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0510659
IRS990/TotalProgramServiceRevenueAmt02663
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0217941
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04531
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0814949

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.16$0.07$6.10$5.26$5.04$0.22
2023Detailed filing. Detailed filing data is available for this year.$5.96$0.08$5.88$5.60$6.23$0.63
2022Detailed filing. Detailed filing data is available for this year.$6.58$0.07$6.51$5.60$5.27$0.33
2021Detailed filing. Detailed filing data is available for this year.$6.23$0.06$6.18$8.15$5.11$3.04
2020Detailed filing. Detailed filing data is available for this year.$4.16$1.03$3.13$2.89$3.39$0.49
2019Detailed filing. Detailed filing data is available for this year.$3.89$0.26$3.63$4.39$4.85$0.47
2018Detailed filing. Detailed filing data is available for this year.$4.43$0.34$4.09$4.67$4.86$0.19
2017Detailed filing. Detailed filing data is available for this year.$4.66$0.37$4.28$4.31$4.06$0.25
2016Detailed filing. Detailed filing data is available for this year.$4.33$0.29$4.04$4.67$4.26$0.41
2015Detailed filing. Detailed filing data is available for this year.$3.78$0.15$3.63$3.86$3.76$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.81$0.28$3.52$4.03$3.79$0.24
2013Detailed filing. Detailed filing data is available for this year.$3.58$0.30$3.28$3.12$3.31$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.33$3.47$3.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.30$3.37$3.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.34$3.73$3.48