Civic Intelligence

Fred Babcock VFW Post 5555

990 • Fiscal year 2015 • EIN 41-0778772

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 16, 2015

6715 Lake Shore DriveRichfield, MN 55423

(612) 869-5555

Siviq Scores

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

Liabilities / Assets

71st percentile

0.10x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.08x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2015

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2015 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2015

Asset Growth

3rd percentile

-18%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

-2.1%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$426,955

Down $95,291 (-18%) from 2014

Net Assets

Down

$384,233

Down $90,585 (-19%) from 2014

Liabilities

Down

$42,722

Down $4,706 (-9.9%) from 2014

Revenue

Down

$545,933

Down $11,789 (-2.1%) from 2014

Expenses

Down

$636,522

Down $16,808 (-2.6%) from 2014

Net Income

Up

-$90,589

Up $5,019 (+5.2%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $863,150Liabilities 2010: $19,201Net Assets 2010: $843,9492010Assets 2011: $818,238Liabilities 2011: $33,706Net Assets 2011: $784,5322011Assets 2012: $708,858Liabilities 2012: $35,645Net Assets 2012: $673,2132012Assets 2013: $615,564Liabilities 2013: $45,139Net Assets 2013: $570,4252013Assets 2014: $522,246Liabilities 2014: $47,428Net Assets 2014: $474,8182014Assets 2015: $426,955Liabilities 2015: $42,722Net Assets 2015: $384,2332015Assets 2016: $331,394Liabilities 2016: $37,127Net Assets 2016: $294,2672016Assets 2017: $316,877Liabilities 2017: $52,521Net Assets 2017: $264,3562017Assets 2018: $348,233Liabilities 2018: $62,727Net Assets 2018: $285,5062018Assets 2019: $322,510Liabilities 2019: $65,320Net Assets 2019: $257,1902019Assets 2020: $215,424Liabilities 2020: $41,914Net Assets 2020: $173,5102020Assets 2021: $549,983Liabilities 2021: $59,181Net Assets 2021: $490,8022021Assets 2022: $584,314Liabilities 2022: $47,927Net Assets 2022: $536,3872022Assets 2023: $700,705Liabilities 2023: $59,273Net Assets 2023: $641,4322023Assets 2024: $806,643Liabilities 2024: $69,398Net Assets 2024: $737,2452024Assets 2025: $774,038Liabilities 2025: $102,182Net Assets 2025: $671,8562025

Highlighted filing

2015

Assets$426,955
Liabilities$42,722
Net Assets$384,233

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $597,6772010Expenses 2011: $580,4312011Expenses 2012: $636,8352012Expenses 2013: $616,4642013Revenue 2014: $557,722Expenses 2014: $653,330Net Income 2014: -$95,6082014Revenue 2015: $545,933Expenses 2015: $636,522Net Income 2015: -$90,5892015Revenue 2016: $540,168Expenses 2016: $630,134Net Income 2016: -$89,9662016Revenue 2017: $603,832Expenses 2017: $633,743Net Income 2017: -$29,9112017Revenue 2018: $655,495Expenses 2018: $640,615Net Income 2018: $14,8802018Revenue 2019: $632,495Expenses 2019: $678,459Net Income 2019: -$45,9642019Revenue 2020: $446,429Expenses 2020: $534,125Net Income 2020: -$87,6962020Revenue 2021: $565,150Expenses 2021: $276,561Net Income 2021: $288,5892021Revenue 2022: $806,303Expenses 2022: $755,033Net Income 2022: $51,2702022Revenue 2023: $983,458Expenses 2023: $921,766Net Income 2023: $61,6922023Revenue 2024: $526,682Expenses 2024: $465,203Net Income 2024: $61,4792024Revenue 2025: $467,924Expenses 2025: $512,569Net Income 2025: -$44,6452025

Highlighted filing

2015

Revenue$545,933
Expenses$636,522
Net Income-$90,589
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$2,737,806
Mission and Program Overview

Mission

To provide benefits to military personnel

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$277,626$258,444▼ $19,182
Cash and Non-Interest-Bearing Accounts$114,438$122,970▲ $8,532
Inventories for Sale or Use$16,165$20,477▲ $4,312
Land, Buildings, and Equipment, Net$66,801$13,468▼ $53,333
Intangible Assets$40,969$8,196▼ $32,773
Prepaid Expenses and Deferred Charges$3,400$3,400→ $0
Total Assets$522,246$426,955▼ $95,291
Other Assets Total$2,847--
Liabilities
Accounts Payable and Accrued Expenses$43,107$40,179▼ $2,928
Deferred Revenue$4,321$2,543▼ $1,778
Total Liabilities$47,428$42,722▼ $4,706
Net Assets / Fund Balance
Unrestricted Net Assets$474,818$384,233▼ $90,585
Total Net Assets Fund Balance$474,818$384,233▼ $90,585
Total Liabilities and Net Assets / Fund Balance$522,246$426,955▼ $95,291

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,468$829,062$842,530
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don EdmondAdjutant
Greg YaleCommander
Len GudmunsonGambling Man
Deborah VangelJr. Vice COM
DENNIS O'CONNORJudge Advoca
Ed CirklQuartermaste
Erik MeadeSr. Vice COM
Revenue and Support

Revenue Composition

Contributions and Grants
$3,423
Program Service Revenue
$0
Investment Income
$818
Other Revenue
$541,692
All Other Contributions
$1,362
Change in Net Assets
$-90,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$336,763
Other Expenses$299,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$292,863
All Other Expenses---$98,904
Depreciation Depletion---$86,106
Payroll Taxes---$35,142
Other Expenses---$18,527
Other Employee Benefits---$8,758
Occupancy---$8,000
Fees for Services Accounting---$2,650
Total Functional Expenses$0$0$0$636,522
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,846,723
Gaming Direct Expenses$1,843,089
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
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
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Fred Babcock Vfw Post 5555
EIN
41-0778772
Phone
6128695555
Address
6715 LAKE SHORE DRIVE, RICHFIELD, MN 55423

Signing Officer

Name
Greg Yale
Title
Commander
Phone
6128695555
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Yale
Legal Domicile
Mn
Voting Board Members
450
Independent Board Members
450
Employees
49
Volunteers
30

Preparer

Firm
Mount & Borresen Ltd
Address
1550 AMERICAN BLVD E STE 600, MINNEAPOLIS, MN 55425
Preparer
Paul G Mount
Phone
9528546262
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Building maintenance 15,748 0 0 utilities 15,518 0 0 entertainment 15,158 0 0 real estate taxes 9,040 0 0 insurance 8,542 0 0 real estate taxes 7,396 0 0 post expense 7,099 0 0 insurance 6,989 0 0 post expense 5,809 0 0 office 5,707 0 0 linen 5,036 0 0 office 4,670 0 0 linen 4,120 0 0 trash 3,374 0 0 trash 2,760 0 0 cable 2,472 0 0 supplies 2,346 0 0 miscellaneous 2,329 0 0 telephone 2,302 0 0 credit card charges 2,169 0 0 cable 2,022 0 0 supplies 1,919 0 0 miscellaneous 1,906 0 0 telephone 1,884 0 0 licenses 1,844 0 0 credit card charges 1,775 0 0 licenses 1,509 0 0 cash short 912 0 0 payroll service 823 0 0 cash short 747 0 0 bank charges 691 0 0 payroll service 674 0 0 bank charges 566 0 0 security 274 0 0 security 224 0 0 bad debts -41 0 0 bad debts -50 0 0 depreciation allocation -47,359 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -1

Form 990, Part XI, Line 9

ROUNDING 5

Raw XML Appendix320 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING 5
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0522246
IRS990/TotalAssetsEOYAmt0426955
IRS990/TotalAssetsGrp/BOYAmt0522246
IRS990/TotalAssetsGrp/EOYAmt0426955
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03423
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0636522
IRS990/TotalGrossUBIAmt0243760
IRS990/TotalLiabilitiesBOYAmt047428
IRS990/TotalLiabilitiesEOYAmt042722
IRS990/TotalLiabilitiesGrp/BOYAmt047428
IRS990/TotalLiabilitiesGrp/EOYAmt042722
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0474818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0384233
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0298750
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0545933
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0243760
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0522246
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0426955
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0474818
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0384233
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06715 LAKE SHORE DRIVE
IRS990/USAddress/CityNm0RICHFIELD
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055423
IRS990/VotingMembersGoverningBodyCnt0450
IRS990/VotingMembersIndependentCnt0450
IRS990/WebsiteAddressTxt0WWW.VFWPOST5555.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG YALE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMANDER
ReturnHeader/BusinessOfficerGrp/PhoneNum06128695555
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRED BABCOCK VFW POST 5555
ReturnHeader/Filer/BusinessNameControlTxt0FRED
ReturnHeader/Filer/EIN0410778772
ReturnHeader/Filer/PhoneNum06128695555
ReturnHeader/Filer/USAddress/AddressLine1Txt06715 LAKE SHORE DRIVE
ReturnHeader/Filer/USAddress/CityNm0RICHFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055423
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411356054
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOUNT & BORRESEN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01550 AMERICAN BLVD E STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055425
ReturnHeader/PreparerPersonGrp/PhoneNum09528546262
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL G MOUNT
ReturnHeader/ReturnTs02015-11-20T10:34:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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.$7.74$1.02$6.72$4.68$5.13$0.45
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$0.69$7.37$5.27$4.65$0.61
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.01$0.59$6.41$9.83$9.22$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$0.48$5.36$8.06$7.55$0.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.59$4.91$5.65$2.77$2.89
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.42$1.74$4.46$5.34$0.88
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.65$2.57$6.32$6.78$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.63$2.86$6.55$6.41$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.53$2.64$6.04$6.34$0.30
2016Detailed filing. Detailed filing data is available for this year.$3.31$0.37$2.94$5.40$6.30$0.90
2015Detailed filing. Detailed filing data is available for this year.$4.27$0.43$3.84$5.46$6.37$0.91
2014Detailed filing. Detailed filing data is available for this year.$5.22$0.47$4.75$5.58$6.53$0.96
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.45$5.70$6.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.09$0.36$6.73$6.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.18$0.34$7.85$5.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.63$0.19$8.44$5.98