Civic Intelligence

Salute the Troops

990EZ • Fiscal year 2023 • EIN 45-4968314

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 05, 2024

27 3rd Street Suite AFond Du Lac, WI 54935

(920) 204-6856

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$48,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 46.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

85th percentile

49%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

53rd percentile

6.9%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$38,582

Up $12,662 (+49%) from 2022

Net Assets

Up

$37,472

Up $12,614 (+51%) from 2022

Liabilities

Up

$1,110

Up $48 (+4.5%) from 2022

Revenue

Up

$103,857

Up $6,699 (+6.9%) from 2022

Expenses

Down

$91,243

Down $10,346 (-10%) from 2022

Net Income

Up

$12,614

Up $17,045 (+385%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2013: $17,087Liabilities 2013: $0Net Assets 2013: $17,0872013Assets 2014: $27,532Liabilities 2014: $0Net Assets 2014: $27,5322014Assets 2015: $34,233Liabilities 2015: $1,841Net Assets 2015: $32,3922015Assets 2016: $44,420Liabilities 2016: $0Net Assets 2016: $44,4202016Assets 2017: $44,895Liabilities 2017: $2,054Net Assets 2017: $42,8412017Assets 2018: $56,773Liabilities 2018: $1,624Net Assets 2018: $55,1492018Assets 2019: $55,592Liabilities 2019: $1,624Net Assets 2019: $53,9682019Assets 2020: $40,508Liabilities 2020: $1,133Net Assets 2020: $39,3752020Assets 2021: $30,351Liabilities 2021: $1,062Net Assets 2021: $29,2892021Assets 2022: $25,920Liabilities 2022: $1,062Net Assets 2022: $24,8582022Assets 2023: $38,582Liabilities 2023: $1,110Net Assets 2023: $37,4722023Assets 2024: $23,082Liabilities 2024: $1,110Net Assets 2024: $21,9722024

Highlighted filing

2023

Assets$38,582
Liabilities$1,110
Net Assets$37,472

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $62,113Expenses 2013: $48,004Net Income 2013: $14,1092013Revenue 2014: $79,660Expenses 2014: $69,215Net Income 2014: $10,4452014Revenue 2015: $128,025Expenses 2015: $103,435Net Income 2015: $24,5902015Revenue 2016: $42,049Expenses 2016: $30,021Net Income 2016: $12,0282016Revenue 2017: $113,222Expenses 2017: $119,601Net Income 2017: -$6,3792017Revenue 2018: $124,353Expenses 2018: $112,045Net Income 2018: $12,3082018Revenue 2019: $104,309Expenses 2019: $105,490Net Income 2019: -$1,1812019Revenue 2020: $55,609Expenses 2020: $70,202Net Income 2020: -$14,5932020Revenue 2021: $64,841Expenses 2021: $74,927Net Income 2021: -$10,0862021Revenue 2022: $97,158Expenses 2022: $101,589Net Income 2022: -$4,4312022Revenue 2023: $103,857Expenses 2023: $91,243Net Income 2023: $12,6142023Revenue 2024: $68,056Expenses 2024: $83,556Net Income 2024: -$15,5002024

Highlighted filing

2023

Revenue$103,857
Expenses$91,243
Net Income$12,614
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 5, 2024
Return Version
2023v5.0
Gross Receipts
$124,206
Mission and Program Overview

Mission

To enable veterans to live full and independent lives by providing resources that empower them

To support local service members, veterans, and their families through advocacy, education, training, financial assitance, and supportive programming to promote awaareness, and fostering camaraderie that stimulates econcomic development in the community

Program Services

DescriptionGrantsExpenses
SUPPORT VETERANS THROUGH ADVOCACY, EDUCATION, TRAINING, & FINANCIAL ASSISTANCE$3,313$32,926
VETREPRENEAU GRANTS-THIS PROGRAM OFFERS LOCAL VETERAN ENTREPRENEURS THE OPPORTUNITY TO ATTEND A 7 WEEK SMALL BUSINESS ACCELERATOR PROGRAM HOSTED BY VENTURE PROJECT, AND POWERED BY SALUTE THE TROOPS, INC. AT THE END OF OUR 7 WEEK EDUCATIONAL PROGRAM, VETERANS THAT COMPLETE THE ENTIRE PROGRAM WILL HAVE AN OPPORTUNITY TO "DEMO" THEIR BUSINESS IN FORNT OF A PANEL OF JUDGES FOR A CHANCE TO EARN 5000 IN SEED FUNDING FORM SALUTE THE TROOPS.$5,000$9,713
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON TURNERExecutive DiFT$48,000-$48,000
EDWARD WENZELBoard Memebe-$0--
JAMES ERSKINEPresident-$0--
KATIE KAHLHAMERSecretary-$0--
KRISTINE KEISOWBoard Member-$0--
RICHARD FEUSTELVice Preside-$0--
TRACY QUALMANNBoard Member-$0--
TYLER STARBIRDTreasurer-$0--
VICKY SUPRENANDVice Preside-$0--
TOM SHULERBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Stars & Stripes$17,520$17,520-$17,520
Race$18,794$10,094$8,918$1,176
Total Events$50,936$31,674$19,158$12,516
Filing and Contact Details

Filer

Filer Name
Salute the Troops Inc
EIN
45-4968314
Phone
9202046856
Address
27 3RD STREET SUITE A, FOND DU LAC, WI 54935

Signing Officer

Name
Jessica R Moon
Title
Treasurer
Phone
9202046856
Signed
2024-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Huberty & Associates Sc
Address
37 N PIONEER RD, FOND DU LAC, WI 54935
Preparer
Self Prepared Fond Du Lac
Phone
9209238400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Misc revenue 1,077 total 1,077

Form 990-ez, Part I, Line 16

Expenses advertising-vet project 113 office 2,356 office supplies 269 insurance 1,211 chartered boat 3,853 progam expense-vet projec 4,600 bus registration fees 79 meals 160 telephone 1,890 license & permits 35 clothing expense 2,500 misc expense 30 total 17,096

Form 990-ez, Part II, Line 24

Accounts receivable 1,500 0 inventories for sale or use 6,923 4,423 prepaid expenses and deferred charges 730 730 total 9,153 5,153

Form 990-ez, Part II, Line 26

Payroll liabilities 1,062 1,110

Form 990-ez, Part III

To support local service members, veterans, and their families through advocacy, education, training, financial assitance, and supportive programming to promote awaareness, and fostering camaraderie that stimulates econcomic development in the community

Form 990-ez, Part III, Line 29

Vetrepreneau grants-this program offers local veteran entrepreneurs the opportunity to attend a 7 week small business accelerator program hosted by venture project, and powered by salute the troops, inc. At the end of our 7 week educational program, veterans that complete the entire program will have an opportunity to "demo" their business in fornt of a panel of judges for a chance to earn 5000 in seed funding form salute the troops.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC REVENUE 1,077 TOTAL 1,077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING-VET PROJECT 113 OFFICE 2,356 OFFICE SUPPLIES 269 INSURANCE 1,211 CHARTERED BOAT 3,853 PROGAM EXPENSE-VET PROJEC 4,600 BUS REGISTRATION FEES 79 MEALS 160 TELEPHONE 1,890 LICENSE & PERMITS 35 CLOTHING EXPENSE 2,500 MISC EXPENSE 30 TOTAL 17,096
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 1,500 0 INVENTORIES FOR SALE OR USE 6,923 4,423 PREPAID EXPENSES AND DEFERRED CHARGES 730 730 TOTAL 9,153 5,153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 1,062 1,110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SUPPORT LOCAL SERVICE MEMBERS, VETERANS, AND THEIR FAMILIES THROUGH ADVOCACY, EDUCATION, TRAINING, FINANCIAL ASSITANCE, AND SUPPORTIVE PROGRAMMING TO PROMOTE AWAARENESS, AND FOSTERING CAMARADERIE THAT STIMULATES ECONCOMIC DEVELOPMENT IN THE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VETREPRENEAU GRANTS-THIS PROGRAM OFFERS LOCAL VETERAN ENTREPRENEURS THE OPPORTUNITY TO ATTEND A 7 WEEK SMALL BUSINESS ACCELERATOR PROGRAM HOSTED BY VENTURE PROJECT, AND POWERED BY SALUTE THE TROOPS, INC. AT THE END OF OUR 7 WEEK EDUCATIONAL PROGRAM, VETERANS THAT COMPLETE THE ENTIRE PROGRAM WILL HAVE AN OPPORTUNITY TO "DEMO" THEIR BUSINESS IN FORNT OF A PANEL OF JUDGES FOR A CHANCE TO EARN 5000 IN SEED FUNDING FORM SALUTE THE TROOPS.
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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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 29
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-10T14:07:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits