Civic Intelligence

Red River Valley Veterans Memorial Museum Inc.

990 • Fiscal year 2022 • EIN 45-2847170

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1025 S CollegiateParis, TX 75460

(903) 905-2711

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.09x

Higher debt load relative to revenue than 51% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

59th percentile

5.1%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,464,193

Up $70,401 (+5.1%) from 2021

Net Assets

Up

$1,446,762

Up $65,835 (+4.8%) from 2021

Liabilities

Up

$17,431

Up $4,566 (+35%) from 2021

Revenue

Up

$203,326

Up $21,507 (+12%) from 2021

Expenses

Up

$144,108

Up $16,460 (+13%) from 2021

Net Income

Up

$59,218

Up $5,047 (+9.3%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $235,555Liabilities 2012: $2,684Net Assets 2012: $232,8712012Assets 2013: $291,032Liabilities 2013: $0Net Assets 2013: $291,0322013Assets 2014: $682,928Liabilities 2014: $793Net Assets 2014: $682,1352014Assets 2015: $769,947Liabilities 2015: $1,587Net Assets 2015: $768,3602015Assets 2016: $1,015,733Liabilities 2016: $44,137Net Assets 2016: $971,5962016Assets 2017: $1,006,412Liabilities 2017: $890Net Assets 2017: $1,005,5222017Assets 2018: $1,131,891Liabilities 2018: $5,943Net Assets 2018: $1,125,9482018Assets 2019: $1,226,590Liabilities 2019: $422Net Assets 2019: $1,226,1682019Assets 2020: $1,264,419Liabilities 2020: $1,489Net Assets 2020: $1,262,9302020Assets 2021: $1,393,792Liabilities 2021: $12,865Net Assets 2021: $1,380,9272021Assets 2022: $1,464,193Liabilities 2022: $17,431Net Assets 2022: $1,446,7622022Assets 2023: $1,503,640Liabilities 2023: $43Net Assets 2023: $1,503,5972023Assets 2024: $1,621,017Liabilities 2024: $35Net Assets 2024: $1,620,9822024

Highlighted filing

2022

Assets$1,464,193
Liabilities$17,431
Net Assets$1,446,762

Operations Trend

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

$600K$400K$200K$0Expenses 2012: $144,5842012Revenue 2013: $194,536Expenses 2013: $136,375Net Income 2013: $58,1612013Revenue 2014: $550,782Expenses 2014: $159,679Net Income 2014: $391,1032014Revenue 2015: $192,179Expenses 2015: $105,954Net Income 2015: $86,2252015Revenue 2016: $319,643Expenses 2016: $116,407Net Income 2016: $203,2362016Revenue 2017: $331,094Expenses 2017: $297,168Net Income 2017: $33,9262017Revenue 2018: $214,543Expenses 2018: $94,117Net Income 2018: $120,4262018Revenue 2019: $182,765Expenses 2019: $82,545Net Income 2019: $100,2202019Revenue 2020: $100,083Expenses 2020: $63,051Net Income 2020: $37,0322020Revenue 2021: $181,819Expenses 2021: $127,648Net Income 2021: $54,1712021Revenue 2022: $203,326Expenses 2022: $144,108Net Income 2022: $59,2182022Revenue 2023: $237,216Expenses 2023: $175,665Net Income 2023: $61,5512023Revenue 2024: $189,774Expenses 2024: $77,908Net Income 2024: $111,8662024

Highlighted filing

2022

Revenue$203,326
Expenses$144,108
Net Income$59,218
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$278,421
Mission and Program Overview

Mission

To provide a veteran's memorial dedicated to all veterans for their service in the armed forces of the united states of america. To display the names of service personnel from lamar, delta, fannin and red river counties, texas, and choctaw and mccurtain counties, oklahoma. To display historical information regarding the nature of each significant war or conflict in which american servicemen and women have served.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,105,890$1,090,612▼ $15,278
Cash and Non-Interest-Bearing Accounts$240,295$331,076▲ $90,781
Savings and Temporary Cash Investments$21,145$21,451▲ $306
Inventories for Sale or Use$25,912$21,054▼ $4,858
Pledges and Grants Receivable$550--
Total Assets$1,393,792$1,464,193▲ $70,401
Liabilities
Other Liabilities$867$17,431▲ $16,564
Accounts Payable and Accrued Expenses$11,998--
Total Liabilities$12,865$17,431▲ $4,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,380,927$1,446,762▲ $65,835
Total Net Assets Fund Balance$1,380,927$1,446,762▲ $65,835
Total Liabilities and Net Assets / Fund Balance$1,393,792$1,464,193▲ $70,401

Asset Categories

AssetBook ValueDepreciationBasis
Land$729,345-$729,345
Other Land Buildings$361,267$284,630$645,897
Compensation and Service Providers

Board Members and Trustees

NameTitle
George WoodChairman
Johnny WilliamsVice-chairma
Don BiardDirector
Floyd BradfordDirector
Jim LewisDirector
Ld RuthartDirector
Tom ArcherDirector
Travis SkidmoreDirector
David DickersonSecretary
Jack ThomsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,375
Program Service Revenue
$0
Investment Income
$921
Other Revenue
$156,030
All Other Contributions
$36,375
Change in Net Assets
$59,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,108
Total Fundraising Expense$1,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$41,720--$41,720
Fees for Services Other$38,080--$38,080
Insurance$3,526$622-$4,148
Fees for Services Accounting-$1,752-$1,752
Office Expenses-$1,393-$1,393
Advertising--$1,036$1,036
Occupancy$510$90-$600
Travel-$387-$387
Other Expenses$390$70-$70
All Other Expenses-$5-$5
Total Functional Expenses$138,753$4,319$1,036$144,108
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$229,936
Fundraising Direct Expenses$75,095
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction and Con$153,657$153,657$68,509$85,148
Total Events$153,657$153,657$68,509$85,148
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Uncleared Checks$17,431
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Management duties delegated
No

Governance Explanations

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

Copy of return given to board prior to filing.

Form 990, Page 6, Part VI, Line 19

Available upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
RED RIVER VALLEY VETERANS'
EIN
45-2847170
Phone
9039052711
Address
1025 S COLLEGIATE, PARIS, TX 75460

Signing Officer

Name
George Wood
Title
Chairman
Phone
9037830945
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Wood
Formed
2010
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Wells & Kapp Cpas LLC
Address
1323 LAMAR AVE STE D, PARIS, TX 75460
Preparer
Linda a Kapp CPA
Phone
9037858481
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide a veteran's memorial dedicated to all veterans for their service in the armed forces of the united states of america. To display the names of service personnel from lamar, delta, fannin and red river counties, texas, and choctaw and mccurtain counties, oklahoma. To display historical information regarding the nature of each significant war or conflict in which american servicemen and women have served.

Form 990, Page 2, Part III, Line 4D

To provide a veterans memorial for the community to honor and remember those who served in the military.

Form 990, Part IX, Line 11G

Construction 28,508 0 0 contract services 9,572 0 0 total 38,080 0 0

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0156423
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0485556
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0921
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0277
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0916
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0287
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02568
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0231125
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0152764
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt064944
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt056189
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt056833
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0561855
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46240
IRS990ScheduleA/PublicSupportPY170Pct00.69850
IRS990ScheduleA/PublicSupportTotal170Amt0485556
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt046375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0156423
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0485556
IRS990ScheduleA/TotalSupportAmt01049979
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0729345
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0729345
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0361267
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0284630
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0645897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNCLEARED CHECKS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01090612
IRS990ScheduleD/TotalLiabilityAmt017431
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt068509
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION AND CON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0153657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0153657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0153657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0153657
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt085148
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt068509
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt068509
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE A VETERAN'S MEMORIAL DEDICATED TO ALL VETERANS FOR THEIR SERVICE IN THE ARMED FORCES OF THE UNITED STATES OF AMERICA. TO DISPLAY THE NAMES OF SERVICE PERSONNEL FROM LAMAR, DELTA, FANNIN AND RED RIVER COUNTIES, TEXAS, AND CHOCTAW AND MCCURTAIN COUNTIES, OKLAHOMA. TO DISPLAY HISTORICAL INFORMATION REGARDING THE NATURE OF EACH SIGNIFICANT WAR OR CONFLICT IN WHICH AMERICAN SERVICEMEN AND WOMEN HAVE SERVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE A VETERANS MEMORIAL FOR THE COMMUNITY TO HONOR AND REMEMBER THOSE WHO SERVED IN THE MILITARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF RETURN GIVEN TO BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSTRUCTION 28,508 0 0 CONTRACT SERVICES 9,572 0 0 TOTAL 38,080 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01393792
IRS990/TotalAssetsEOYAmt01464193
IRS990/TotalAssetsGrp/BOYAmt01393792
IRS990/TotalAssetsGrp/EOYAmt01464193
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt046375
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01036
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04319
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0138753
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144108
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012865
IRS990/TotalLiabilitiesEOYAmt017431
IRS990/TotalLiabilitiesGrp/BOYAmt012865
IRS990/TotalLiabilitiesGrp/EOYAmt017431
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01380927
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01446762
IRS990/TotalOtherProgSrvcExpenseAmt028822
IRS990/TotalProgramServiceExpensesAmt0138753
IRS990/TotalRevenueGrp/ExclusionAmt0156951
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0203326
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01393792
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01464193
IRS990/TravelGrp/ManagementAndGeneralAmt0387
IRS990/TravelGrp/TotalAmt0387
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0796 CR 44750
IRS990/USAddress/CityNm0BLOSSOM
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075416
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.RRVVM.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE WOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09037830945
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED RIVER VALLEY VETERANS'
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEMORIAL MUSEUM INC
ReturnHeader/Filer/BusinessNameControlTxt0REDR
ReturnHeader/Filer/EIN0452847170
ReturnHeader/Filer/PhoneNum09039052711
ReturnHeader/Filer/USAddress/AddressLine1Txt01025 S COLLEGIATE
ReturnHeader/Filer/USAddress/CityNm0PARIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075460
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813680641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WELLS & KAPP CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01323 LAMAR AVE STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075460
ReturnHeader/PreparerPersonGrp/PhoneNum09037858481
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA A KAPP CPA
ReturnHeader/ReturnTs02023-11-15T11:26:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WOOD
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.19$0.08$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.24$0.18$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.45$0.20$0.14$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.01$1.38$0.18$0.13$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.00$1.26$0.10$0.06$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.00$1.23$0.18$0.08$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.01$1.13$0.21$0.09$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.33$0.30$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.04$0.97$0.32$0.12$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.19$0.11$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.55$0.16$0.39
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.19$0.14$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.00$0.23$0.14