Civic Intelligence

Veterans Memorial Park Inc

EIN 56-0489405 • 501(c)4 • Mount Airy, NC

Profile

Community Services

PO Box 445Mount Airy, NC 27030

n/A

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

6.2%

Faster revenue growth than 51% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$580,225

Up $78,488 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$580,225

Up $78,488 (+16%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin83rd percentile

Revenue

Up

$221,923

Up $12,875 (+6.2%) from 2023

Expenses

Down

$143,438

Down $30,601 (-18%) from 2023

Net Income

Up

$78,485

Up $43,476 (+124%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth77th percentile

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

$600K$400K$200K$0Assets 2011: $176,980Liabilities 2011: $0Net Assets 2011: $176,9802011Assets 2012: $205,459Liabilities 2012: $0Net Assets 2012: $205,4592012Assets 2013: $198,358Net Assets 2013: $198,3582013Assets 2014: $214,603Net Assets 2014: $214,6032014Assets 2015: $222,498Liabilities 2015: $02015Assets 2016: $278,948Liabilities 2016: $02016Assets 2017: $278,413Net Assets 2017: $278,4132017Assets 2018: $298,275Net Assets 2018: $298,2752018Assets 2019: $311,205Net Assets 2019: $311,2052019Assets 2020: $297,274Net Assets 2020: $297,2742020Assets 2021: $400,479Liabilities 2021: $0Net Assets 2021: $400,4792021Assets 2022: $466,728Liabilities 2022: $0Net Assets 2022: $466,7282022Assets 2023: $501,737Liabilities 2023: $0Net Assets 2023: $501,7372023Assets 2024: $580,225Liabilities 2024: $0Net Assets 2024: $580,2252024

Highlighted filing

2024

Assets$580,225
Liabilities$0
Net Assets$580,225
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$300K$200K$100K$0-$100KExpenses 2011: $139,6932011Expenses 2012: $86,0622012Revenue 2013: $101,064Expenses 2013: $108,165Net Income 2013: -$7,1012013Revenue 2014: $118,628Expenses 2014: $102,383Net Income 2014: $16,2452014Revenue 2015: $132,547Expenses 2015: $124,652Net Income 2015: $7,8952015Revenue 2016: $169,390Expenses 2016: $112,940Net Income 2016: $56,4502016Revenue 2017: $165,663Expenses 2017: $153,410Net Income 2017: $12,2532017Revenue 2018: $155,606Expenses 2018: $135,744Net Income 2018: $19,8622018Revenue 2019: $189,472Expenses 2019: $176,542Net Income 2019: $12,9302019Revenue 2020: $46,927Expenses 2020: $60,858Net Income 2020: -$13,9312020Revenue 2021: $220,970Expenses 2021: $121,237Net Income 2021: $99,7332021Revenue 2022: $210,345Expenses 2022: $144,096Net Income 2022: $66,2492022Revenue 2023: $209,048Expenses 2023: $174,039Net Income 2023: $35,0092023Revenue 2024: $221,923Expenses 2024: $143,438Net Income 2024: $78,4852024

Highlighted filing

2024

Revenue$221,923
Expenses$143,438
Net Income$78,485
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$580,225
Liabilities
$0
Net assets
$580,225
Revenue
$221,923
Expenses
$143,438
Net income
$78,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.00$5.80$2.22$1.43$0.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.00$5.02$2.09$1.74$0.35
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.67$0.00$4.67$2.10$1.44$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.00$4.00$2.21$1.21$1.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$2.97$0.47$0.61$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$3.11$1.89$1.77$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$2.98$1.56$1.36$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$2.78$1.66$1.53$0.12
2016Summary only. Only limited summary data is available for this year.$2.79$0.00$1.69$1.13$0.56
2015Summary only. Only limited summary data is available for this year.$2.22$0.00$1.33$1.25$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.15$2.15$1.19$1.02$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.98$1.01$1.08$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.00$2.05$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.00$1.77$1.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Mar 15, 2024
Return Version
2023v6.0
Gross Receipts
$221,923
Mission and Program Overview

Mission

Community Services

Provide a meeting place and recreation facilities for the members of the american legion post 123 of mout airy and the veterans of foreign wars post 2019 and to provide a memorial

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$229,047$314,476▲ $85,429
Land, Buildings, and Equipment, Net$272,690$265,749▼ $6,941
Total Assets$501,737$580,225▲ $78,488
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$501,737$580,225▲ $78,488
Total Liabilities and Net Assets / Fund Balance$501,737$580,225▲ $78,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$93,851$22,452-
Land$156,226--
Equipment$827$6,932-
Leasehold Improvements$14,845$7,539-
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Doug JoynerPresident
Mike GordonVice President
Bob KingBoard Member
Bobby HiattBoard Member
Don HolderBoard Member
Jerry EstesBoard Member
Ronald HullBoard Member
Thomas JoyceBoard Member
Dale BadgettSecretary
Bruce ArnoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,615
Program Service Revenue
$156,912
Investment Income
$0
Other Revenue
$48,396
All Other Contributions
$16,615
Change in Net Assets
$78,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$31,942--$31,942
Insurance-$9,678-$9,678
Depreciation Depletion$6,940--$6,940
Office Expenses-$4,878-$4,878
Information Technology$3,501--$3,501
Conferences and Meetings$3,473--$3,473
Fees for Services Accounting-$2,330-$2,330
Other Expenses---$250
Total Functional Expenses$45,856$16,886$0$143,438
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Filing and Contact Details

Filer

Filer Name
Veterans Memorial Park Inc
EIN
56-0489405
Phone
3366480900
Address
PO BOX 445, Mount Airy, NC 27030

Signing Officer

Name
Bruce Arnold
Title
Treasurer
Phone
3366480900
Signed
2024-03-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Bruce Arnold
Formed
1946
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
H and R Block
Address
106 S DEPOT ST, PILOT MOUNTAIN, NC 27041
Preparer
Richard Whitley
Phone
8004725625
Supplemental Narrative

Additional Explanations

Page 6 Sec B Line 11A

“990 reviewed by treasurer prior to transmission”

Raw XML Appendix337 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.

Path#Value
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IRS990/ActivityOrMissionDesc0PROVIDE A MEETING PLACE AND RECREATION FACILITIES FOR THE MEMBERS OF THE AMERICAN LEGION POST 123 OF MOUT AIRY AND THE VETERANS OF FOREIGN WARS POST 2019 AND TO PROVIDE A MEMORIAL
IRS990/AllOtherContributionsAmt016615
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-21
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ReturnHeader/ReturnTs02025-08-21T18:31:32Z
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ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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