Civic Intelligence

Veterans of Foreign Wars of the United States Dept of North Dakota

EIN 45-0217884 • 501(c)19 • Valley City, ND

Profile

The Frank S Henry VFW exists to provide a fraternal organization for veterans including social opportunities as well as educational and patriotic programs and services.

138 East Main StValley City, ND 58072

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.20x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)19 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.09x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)19 • $500k-$1M nonprofits • Source year 2015

Net Margin

56th percentile

8.7%

Higher net margin than 56% of similar nonprofits.

501(c)19 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

501(c)19 • $500k-$1M nonprofits • Source year 2015

Asset Growth

35th percentile

-0.6%

Faster asset growth than 35% of similar nonprofits.

501(c)19 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

45%

Faster revenue growth than 85% of similar nonprofits.

501(c)19 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$200,586

Down $1,198 (-0.6%) from 2014

Liabilities

Up

$39,542

Up $18,307 (+86%) from 2014

Net Assets

Down

$161,044

Down $19,505 (-11%) from 2014

Revenue

Up

$424,236

Up $131,452 (+45%) from 2014

Expenses

Up

$387,149

Up $99,273 (+34%) from 2014

Net Income

Up

$37,087

Up $32,179 (+656%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $230,739Liabilities 2012: $31,626Net Assets 2012: $199,1132012Assets 2013: $231,660Liabilities 2013: $27,532Net Assets 2013: $204,1282013Assets 2014: $201,784Liabilities 2014: $21,235Net Assets 2014: $180,5492014Assets 2015: $200,586Liabilities 2015: $39,542Net Assets 2015: $161,0442015

Highlighted filing

2015

Assets$200,586
Liabilities$39,542
Net Assets$161,044

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Expenses 2012: $361,1082012Revenue 2013: $369,529Expenses 2013: $330,156Net Income 2013: $39,3732013Revenue 2014: $292,784Expenses 2014: $287,876Net Income 2014: $4,9082014Revenue 2015: $424,236Expenses 2015: $387,149Net Income 2015: $37,0872015

Highlighted filing

2015

Revenue$424,236
Expenses$387,149
Net Income$37,087

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$580,140
Mission and Program Overview

Mission

The Frank S Henry VFW exists to provide a fraternal organization for veterans including social opportunities as well as educational and patriotic programs and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$155,908$149,614▼ $6,294
Cash and Non-Interest-Bearing Accounts$28,040$30,685▲ $2,645
Inventories for Sale or Use$13,025$13,025→ $0
Accounts Receivable$4,302$6,603▲ $2,301
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$201,784$200,586▼ $1,198
Other Assets Total$509$659▲ $150
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,626$30,227▲ $20,601
Other Liabilities$11,609$9,040▼ $2,569
Accounts Payable and Accrued Expenses-$275-
Total Liabilities$21,235$39,542▲ $18,307
Net Assets / Fund Balance
Unrestricted Net Assets$180,549$161,044▼ $19,505
Total Net Assets Fund Balance$180,549$161,044▼ $19,505
Total Liabilities and Net Assets / Fund Balance$201,784$200,586▼ $1,198

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$140,565$378,652$519,217
Equipment$9,049$22,659$31,708
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim RidenChaplain
Ron TolstadCommander
Harvey a PetersonJr Vice Command
Keith HovlandPast Commander
James VerweyQtr Master
Tom NixSr Vice Command
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$218,819
Investment Income
$5
Other Revenue
$205,412
Change in Net Assets
$37,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,521
Salaries, Compensation, and Employee Benefits$137,610
Grants and Similar Amounts Paid$71,018
Total Fundraising Expense$48,424
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,489$38,781-$129,270
Grants to Domestic Orgs$71,018--$71,018
All Other Expenses$26,220$7,677$23,428$57,325
Other Expenses$15,542$21,108$24,996$15,542
Insurance-$11,312-$11,312
Payroll Taxes$5,838$2,502-$8,340
Occupancy-$8,076-$8,076
Fees for Services Accounting$6,269--$6,269
Depreciation Depletion-$5,350-$5,350
Advertising-$3,739-$3,739
Office Expenses-$1,938-$1,938
Interest-$953-$953
Total Functional Expenses$237,289$101,436$48,424$387,149
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$6,469
Sales Tax/Restrnt Tax Payable$1,875
Gift Certificate$696
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Frank S Henry 2764 Vfw-nd
EIN
45-0217884
Phone
7018452764
Address
138 EAST MAIN ST, VALLEY CITY, ND 58072

Signing Officer

Name
Ron Tolstad
Title
Commander
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
6
Independent Board Members
6
Employees
47

Preparer

Firm
LAUB & LEGGE CPAs
Address
202 CENTRAL AVE S, VALLEY CITY, ND 58072-3325
Preparer
Brenda Laub
Phone
7018456996
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Bank Charges: Column (A) - Total = $345; Column (B) - Program Services = $0; Column (C) - Management & General = $345; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment/Maintenance: Column (A) - Total = $10583; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $10583

Form 990, Part IX, Line 24E: Other Expenses

Kitchen Expense: Column (A) - Total = $9750; Column (B) - Program Services = $9750; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Licenses: Column (A) - Total = $3132; Column (B) - Program Services = $0; Column (C) - Management & General = $3132; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous: Column (A) - Total = $5132; Column (B) - Program Services = $5132; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ND Attorney General: Column (A) - Total = $11338; Column (B) - Program Services = $11338; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Promotions: Column (A) - Total = $12845; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $12845

Form 990, Part IX, Line 24E: Other Expenses

Real Estate Taxes: Column (A) - Total = $3884; Column (B) - Program Services = $0; Column (C) - Management & General = $3884; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Security: Column (A) - Total = $316; Column (B) - Program Services = $0; Column (C) - Management & General = $316; Column (D) - Fundraising = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Expenses Other than CGS on 990-T = -$56592

Other Changes In Net Assets Or Fund Balances - Other Decreases

Rounding = -$0

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0218819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0218819
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL AND PATRIOTIC - The club sponsors a scholarship program to area students. Average 60 to 70 scholarships per year.
IRS990/ProgSrvcAccomActy3Grp/Desc0SOCIAL AND RECREATIONAL - The club supports a lounge and meeting rooms to provide a meeting area and activities for the membership of 2764.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt068004
IRS990/PYInvestmentIncomeAmt05
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0174638
IRS990/PYOtherRevenueAmt060973
IRS990/PYProgramServiceRevenueAmt0231806
IRS990/PYRevenuesLessExpensesAmt04908
IRS990/PYSalariesCompEmpBnftPaidAmt045234
IRS990/PYTotalExpensesAmt0287876
IRS990/PYTotalRevenueAmt0292784
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt037087
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0140565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0378652
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0519217
IRS990ScheduleD/EquipmentGrp/BookValueAmt09049
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022659
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Gift Certificate
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales Tax/Restrnt Tax Payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149614
IRS990ScheduleD/TotalLiabilityAmt09040
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Charges: Column (A) - Total = $345; Column (B) - Program Services = $0; Column (C) - Management & General = $345; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment/Maintenance: Column (A) - Total = $10583; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $10583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Kitchen Expense: Column (A) - Total = $9750; Column (B) - Program Services = $9750; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Licenses: Column (A) - Total = $3132; Column (B) - Program Services = $0; Column (C) - Management & General = $3132; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous: Column (A) - Total = $5132; Column (B) - Program Services = $5132; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ND Attorney General: Column (A) - Total = $11338; Column (B) - Program Services = $11338; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Promotions: Column (A) - Total = $12845; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $12845
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Real Estate Taxes: Column (A) - Total = $3884; Column (B) - Program Services = $0; Column (C) - Management & General = $3884; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Security: Column (A) - Total = $316; Column (B) - Program Services = $0; Column (C) - Management & General = $316; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Expenses Other than CGS on 990-T = -$56592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Rounding = -$0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0201784
IRS990/TotalAssetsEOYAmt0200586
IRS990/TotalAssetsGrp/BOYAmt0201784
IRS990/TotalAssetsGrp/EOYAmt0200586
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt048424
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101436
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0237289
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387149
IRS990/TotalGrossUBIAmt052902
IRS990/TotalLiabilitiesBOYAmt021235
IRS990/TotalLiabilitiesEOYAmt039542
IRS990/TotalLiabilitiesGrp/BOYAmt021235
IRS990/TotalLiabilitiesGrp/EOYAmt039542
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0180549
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0161044
IRS990/TotalProgramServiceRevenueAmt0218819
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0371334
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0424236
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt052902
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0201784
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0200586
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0180549
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0161044
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RON TOLSTAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMANDER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANK S HENRY 2764 VFW-ND
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0450217884
ReturnHeader/Filer/PhoneNum07018452764
ReturnHeader/Filer/USAddress/AddressLine1Txt0138 EAST MAIN ST
ReturnHeader/Filer/USAddress/CityNm0VALLEY CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND

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