Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 47-4992030 • 501(c)3 • Fort Myers, FL
Profile
The museum's mission is to collect, exhibit, preserve, interpret, and archive united states military history from the 18th through the 21st century. The library is integrated within the museum and has a collection of histroy reference texts, rare books and documents, history books, and periodicals for scholarly research and educational study available to the public.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 22.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Down$74,649
Down $25,009 (-25%) from 2021
Liabilities
Up$92,026
Up $6,088 (+7.1%) from 2021
Net Assets
Down-$17,377
Down $31,097 (-227%) from 2021
Revenue
Down$57,296
Down $145,830 (-72%) from 2021
Expenses
Down$94,753
Down $115,947 (-55%) from 2021
Net Income
Down-$37,457
Down $29,883 (-395%) from 2021
Most recent year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
The museum's mission is to collect, exhibit, preserve, interpret, and archive united states military history from the 18th through the 21st century. The library is integrated within the museum and has a collection of histroy reference texts, rare books and documents, history books, and periodicals for scholarly research and educational study available to the public.
See Schedule O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $31,860 | $31,860 | → $0 |
| Other Notes and Loans Receivable, Net | $19,800 | $19,800 | → $0 |
| Inventories for Sale or Use | $8,132 | $15,871 | ▲ $7,739 |
| Cash and Non-Interest-Bearing Accounts | $44,555 | $5,447 | ▼ $39,108 |
| Prepaid Expenses and Deferred Charges | $1,671 | $1,671 | → $0 |
| Total Assets | $106,018 | $74,649 | ▼ $31,369 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $84,800 | $84,800 | → $0 |
| Accounts Payable and Accrued Expenses | - | $6,950 | - |
| Other Liabilities | $1,138 | $276 | ▼ $862 |
| Total Liabilities | $85,938 | $92,026 | ▲ $6,088 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $20,080 | $-17,377 | ▼ $37,457 |
| Total Net Assets Fund Balance | $20,080 | $-17,377 | ▼ $37,457 |
| Total Liabilities and Net Assets / Fund Balance | $106,018 | $74,649 | ▼ $31,369 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $31,860 | - | $31,860 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Denise Wood | VP Aug - Dec | FT | $12,600 | $12,600 |
| Name | Title |
|---|---|
| Melissa Lastra | President Aug - Dec |
| Dianee Boland | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $52,821 |
| Salaries, Compensation, and Employee Benefits | $41,932 |
| Total Fundraising Expense | $275 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $38,090 |
| Occupancy | $25,344 | - | - | $25,344 |
| Insurance | - | $10,364 | - | $10,364 |
| Advertising | $4,530 | - | - | $4,530 |
| Payroll Taxes | - | - | - | $3,842 |
| Fees for Services Other | - | $2,066 | - | $2,066 |
| Fees for Services Accounting | - | $1,400 | - | $1,400 |
| Office Expenses | $710 | $390 | $275 | $1,375 |
| Other Expenses | $635 | $5,430 | - | $635 |
| Interest | - | $73 | - | $73 |
| Total Functional Expenses | $32,823 | $19,723 | $275 | $94,753 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $6,222 |
| Fundraising Direct Expenses | $3,723 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | $276 |
| Sales Tax Payable | - |
“Organizations Process to Review Form 990. A copy of Form 990 is reviewed by the Treasurer and CEO for completeness and accuracy prior to filing.”
“Governing Documents Disclousre Explanation Upon request”
“The Southwest Florida Military Museum Libraty began under the umbrella Invest in Americas Veterans Foundation Inc., which was formed and incorporated as an outreach to local veterans in February 2009. It first operated at a small storefront on Del Prado Blvd in Cape Coral, FL, before moving its headquarters into a 34,000-square foot facility on Leonard Street on Sept. 9, 2012. In November of 2020 the museum moved to the Edision Mall. The Museum was separately incorporated in 2015. The family-friendly, interactive enviroment features 60 fully dressed mannequins, allowing vistors to better understand the subject and period customs they are viewing. A number of the display stations have individual monitors and two stream videos are included. The history of Cape Corals Iwo Jima statue at Echo Park is presented in a 23 minute streaming video in the Michael Gemi Theater. The secon streaming video honors Capt. Daniel Eggers, a native of cape Coral and a Citadel graduate who was killed in Afghanistan. SW Florid Military Museum Library Inc. is dedicated to honoring our military, preserving and displaying military artifacts and memorabile while educating the public and future generations about our Nations military heritage. We strive to research and present as much United States military history as we can - with displays ranging from the revolutionary war through the Afghanistan conflict. All of our artifacts have been donated or loaned by the military government and very generous individuals. Our volunteers and directors have spent several thousands of hours over the last few years, collecting repairing and cleaning these military items to have them available for viewing to the general public. The southwest Florida Military Museum Library contains over four thousand eight hundred military nonfiction books, manuals, and yearbooks and an extensive collection of books on ships, airplanes, and vehicles and other military subjects. There is a special A1 Cook memorial book model airplan collection as well. A1 Cook was a veteran and author of many war books. There is a large collection of VHS tapes and DVDs pertaining to military history. A 37-star flag is displaed on the back wall of the library. Admission to the Museum is free.”
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/ExplanationTxt | 0 | The Southwest Florida Military Museum Libraty began under the umbrella Invest in Americas Veterans Foundation Inc., which was formed and incorporated as an outreach to local veterans in February 2009. It first operated at a small storefront on Del Prado Blvd in Cape Coral, FL, before moving its headquarters into a 34,000-square foot facility on Leonard Street on Sept. 9, 2012. In November of 2020 the museum moved to the Edision Mall. The Museum was separately incorporated in 2015. The family-friendly, interactive enviroment features 60 fully dressed mannequins, allowing vistors to better understand the subject and period customs they are viewing. A number of the display stations have individual monitors and two stream videos are included. The history of Cape Corals Iwo Jima statue at Echo Park is presented in a 23 minute streaming video in the Michael Gemi Theater. The secon streaming video honors Capt. Daniel Eggers, a native of cape Coral and a Citadel graduate who was killed in Afghanistan. SW Florid Military Museum Library Inc. is dedicated to honoring our military, preserving and displaying military artifacts and memorabile while educating the public and future generations about our Nations military heritage. We strive to research and present as much United States military history as we can - with displays ranging from the revolutionary war through the Afghanistan conflict. All of our artifacts have been donated or loaned by the military government and very generous individuals. Our volunteers and directors have spent several thousands of hours over the last few years, collecting repairing and cleaning these military items to have them available for viewing to the general public. The southwest Florida Military Museum Library contains over four thousand eight hundred military nonfiction books, manuals, and yearbooks and an extensive collection of books on ships, airplanes, and vehicles and other military subjects. There is a special A1 Cook memorial book model airplan collection as well. A1 Cook was a veteran and author of many war books. There is a large collection of VHS tapes and DVDs pertaining to military history. A 37-star flag is displaed on the back wall of the library. Admission to the Museum is free. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Organizations Process to Review Form 990. A copy of Form 990 is reviewed by the Treasurer and CEO for completeness and accuracy prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Governing Documents Disclousre Explanation Upon request |
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