Civic Intelligence

National Veterans Museum

990EZ • Fiscal year 2017 • EIN 45-4558069

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 29, 2018

1104 Isabel DriveAlgonquin, IL 60102

(847) 322-3777

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

46th percentile

0.0%

Faster asset growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-37%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Flat

$12,000

Flat from 2016

Net Assets

Flat

$12,000

Flat from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$3,515

Down $2,065 (-37%) from 2016

Expenses

Down

$3,515

Down $2,065 (-37%) from 2016

Net Income

Flat

$0

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2011: $1Liabilities 2011: $02011Assets 2012: $55Liabilities 2012: $02012Assets 2013: $12,000Liabilities 2013: $02013Assets 2014: $12,000Liabilities 2014: $02014Assets 2015: $12,000Liabilities 2015: $02015Assets 2016: $12,000Net Assets 2016: $12,0002016Assets 2017: $12,000Net Assets 2017: $12,0002017Assets 2018: $12,000Net Assets 2018: $12,0002018Assets 2019: $12,000Net Assets 2019: $12,0002019Assets 2020: $12,000Net Assets 2020: $12,0002020Assets 2021: $12,000Net Assets 2021: $12,0002021Assets 2022: $12,000Net Assets 2022: $12,0002022Assets 2023: $12,000Liabilities 2023: $02023Assets 2024: $12,000Net Assets 2024: $12,0002024

Highlighted filing

2017

Assets$12,000
Liabilities-
Net Assets$12,000

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $1,615Expenses 2012: $1,560Net Income 2012: $552012Revenue 2013: $77,500Expenses 2013: $65,555Net Income 2013: $11,9452013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $5,580Expenses 2016: $5,580Net Income 2016: $02016Revenue 2017: $3,515Expenses 2017: $3,515Net Income 2017: $02017Revenue 2018: $2,615Expenses 2018: $2,615Net Income 2018: $02018Revenue 2019: $3,425Expenses 2019: $3,425Net Income 2019: $02019Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2017

Revenue$3,515
Expenses$3,515
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 29, 2018
Return Version
2017v2.3
Gross Receipts
$3,515
Mission and Program Overview

Mission

The primary purpose of the organization is to educate visitors about the time periods during which us troops served, and to preserve the legacy of america's veterans through displays and presentations at the museum. The museum also will provide visitors with information about the various branches of our nation's armed services.

Program Services

DescriptionGrantsExpenses
VARIOUS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GENERAL JAMES T CONWAYBoard Chairm-$0--
JOHN F WALLINPresident-$0--
JOSEPH A CANTAFIOChief Exec.PT$0--
LIEUTENANT GENERAL RANDALL L RIGBYDirector-$0--
VICE ADMIRAL JAMES C CARDDirector-$0--
KEN FISHERDirector-$0--
JAMES L ZIEMERDirector-$0--
LIEUTENANT GENERAL RICHARD Y NEWTONDirector-$0--
REAR ADMIRAL J MICHAEL JOHNSONDirector-$0--
MAJOR GENERAL ELIZABETH ANN HARRELLDirector-$0--
SERGENT MAJOR CARLTON W KENTDirector-$0--
MASTER CHIEF PO JOE R CAMPA JRDirector-$0--
CMD SGT MAJOR ANTHONY J WILLIAMSDirector-$0--
Filing and Contact Details

Filer

Filer Name
National Veterans Museum
EIN
45-4558069
Address
1104 ISABEL DRIVE, ALGONQUIN, IL 60102

Signing Officer

Name
Joseph a Cantafio
Title
Chief Exec. Officer
Signed
2018-08-29
Discuss with paid preparer
Yes

Preparer

Firm
Eric J Fernandez & Co
Address
895 W MAIN ST STE 1000, WEST DUNDEE, IL 60118-2057
Preparer
Eric J Fernandez
Phone
8474287400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses licenses & fees 15 total 15

Form 990-ez, Part II

Schedule l - part ii, line (1), column (f), balance due: the total balance due of 196,887 is not reported on form 990-ez, part ii, line 26, total liabilities, since the taxpayer uses the cash basis method of accounting.

Form 990-ez, Part II, Line 24

Two-way radios - not in service 12,000 12,000 total 12,000 12,000

Form 990-ez, Part II, Line 26

Loans from officers 0 196,887

Form 990-ez, Part III

The primary purpose of the organization is to educate visitors about the time periods during which us troops served, and to preserve the legacy of america's veterans through displays and presentations at the museum. The museum also will provide visitors with information about the various branches of our nation's armed services.

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12CMD SGT MAJOR ANTHONY J WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIRM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SEE PART V SUPP INFO SCH O
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PURSUANT TO PROMISSORY NOTE EXECUTED PER SETTLEMENT AGREEMENT AND GENERAL RELEASE OF PESAVANTO ET AL V. NATIONAL VETERANS MUSEUM, NATIONAL VETERANS MUSEUM, IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION, IN A CASE DOCKETED AS CASE NUMBER 1:14-CV- 00380, AGREED TO PAY FORMER KEY EMPLOYEES KIM PESAVENTO, PAUL TURNBAUGH, MICHAEL SAUBERT, AND DENNIS ARINELLO, COLLECTIVELY, 175,000 WHEN FUNDS BECOME AVAILABLE. INTEREST ON THAT AMOUNT FROM JULY 1, 2015 TO DECEMBER 31, 2017 AT 5% PER ANNUM PER 815 ILCS 205/1 IS 21,887; THEREFORE, THE BALANCE DUE AS OF DECEMBER 31, 2017 IS 196,887.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt0196887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES LICENSES & FEES 15 TOTAL 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHEDULE L - PART II, LINE (1), COLUMN (F), BALANCE DUE: THE TOTAL BALANCE DUE OF 196,887 IS NOT REPORTED ON FORM 990-EZ, PART II, LINE 26, TOTAL LIABILITIES, SINCE THE TAXPAYER USES THE CASH BASIS METHOD OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TWO-WAY RADIOS - NOT IN SERVICE 12,000 12,000 TOTAL 12,000 12,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 0 196,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO EDUCATE VISITORS ABOUT THE TIME PERIODS DURING WHICH US TROOPS SERVED, AND TO PRESERVE THE LEGACY OF AMERICA'S VETERANS THROUGH DISPLAYS AND PRESENTATIONS AT THE MUSEUM. THE MUSEUM ALSO WILL PROVIDE VISITORS WITH INFORMATION ABOUT THE VARIOUS BRANCHES OF OUR NATION'S ARMED SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02018-08-29T13:43:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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