Civic Intelligence

Calabash Post No 7288 Veterans of Foreign Wars of the United States Inc

990 • Fiscal year 2016 • EIN 56-1466651

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 15, 2016

Refreshing map…

900 Carter DriveCalabash, NC 28467

(910) 579-3577

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

2016 filings • 501(c)19 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.00x

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

2016 filings • 501(c)19 • <$500k nonprofits • Source year 2016

Net Margin

82nd percentile

21%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)19 • <$500k nonprofits • Source year 2016

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2016 filings • 501(c)19 • <$500k nonprofits • Source year 2016

Asset Growth

91st percentile

34%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)19 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-6.8%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)19 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$418,436

Up $106,929 (+34%) from 2015

Net Assets

Up

$418,436

Up $106,929 (+34%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$219,502

Down $16,017 (-6.8%) from 2015

Expenses

Down

$172,342

Down $65,467 (-28%) from 2015

Net Income

Up

$47,160

Up $49,450 (+2159%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $363,226Liabilities 2011: $63,131Net Assets 2011: $300,0952011Assets 2012: $388,681Liabilities 2012: $51,524Net Assets 2012: $337,1572012Assets 2013: $356,025Liabilities 2013: $55,053Net Assets 2013: $300,9722013Assets 2014: $325,811Liabilities 2014: $0Net Assets 2014: $325,8112014Assets 2015: $311,507Liabilities 2015: $0Net Assets 2015: $311,5072015Assets 2016: $418,436Liabilities 2016: $0Net Assets 2016: $418,4362016Assets 2017: $497,469Liabilities 2017: $0Net Assets 2017: $497,4692017Assets 2018: $415,579Liabilities 2018: $0Net Assets 2018: $415,5792018Assets 2019: $399,923Liabilities 2019: $0Net Assets 2019: $399,9232019Assets 2020: $361,320Liabilities 2020: $0Net Assets 2020: $361,3202020Assets 2021: $373,700Liabilities 2021: $0Net Assets 2021: $373,7002021

Highlighted filing

2016

Assets$418,436
Liabilities$0
Net Assets$418,436

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $231,0062011Revenue 2012: $218,333Expenses 2012: $235,135Net Income 2012: -$16,8022012Expenses 2013: $153,0962013Revenue 2014: $243,809Expenses 2014: $269,838Net Income 2014: -$26,0292014Revenue 2015: $235,519Expenses 2015: $237,809Net Income 2015: -$2,2902015Revenue 2016: $219,502Expenses 2016: $172,342Net Income 2016: $47,1602016Revenue 2017: $303,082Expenses 2017: $224,049Net Income 2017: $79,0332017Revenue 2018: $220,630Expenses 2018: $196,004Net Income 2018: $24,6262018Revenue 2019: $134,930Expenses 2019: $136,966Net Income 2019: -$2,0362019Revenue 2020: $167,203Expenses 2020: $151,984Net Income 2020: $15,2192020Revenue 2021: $31,137Expenses 2021: $15,514Net Income 2021: $15,6232021

Highlighted filing

2016

Revenue$219,502
Expenses$172,342
Net Income$47,160
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 15, 2016
Return Version
2015v2.1
Gross Receipts
$386,048
Mission and Program Overview

Mission

Enjoy the benefits of membership thru social activities, to improve the lives of veterans within our community and to support our troops

Enjoy the benefits of membership thru social activities, to improve the lives of verterans wihtin our community and to support our troops both overseas and stateside in the current conflicts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$371,276$418,436▲ $47,160
Land, Buildings, and Equipment, Net$344,012$284,243▼ $59,769
Cash and Non-Interest-Bearing Accounts$21,041$127,970▲ $106,929
Investments Program Related$6,223$6,223→ $0
Total Assets$371,276$418,436▲ $47,160
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$371,276$418,436▲ $47,160
Total Liabilities and Net Assets / Fund Balance$371,276$418,436▲ $47,160

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,707--
Buildings$284,243$366,729-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert J StocklinTrustee 1 yr
Vincent A KrasniewiczTrustee 2 yr
George T TuckerTrustee 3 Yr
Michael W CrowleyAdjutant
James P StueveChaplain
Richard ArvonioCommander
Robert R HallJr Vice Commander
William J McCormickQuartermaster
Dan KosslerSr Vice Commander
Revenue and Support

Revenue Composition

Contributions and Grants
$3,946
Program Service Revenue
$40,910
Investment Income
$0
Other Revenue
$174,646
Change in Net Assets
$47,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,540
Salaries, Compensation, and Employee Benefits$35,802
Total Fundraising Expense$24,615
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$33,293-$33,293
All Other Expenses-$29,091-$29,091
Other Expenses$16,400$19,455$24,615$24,615
Depreciation Depletion-$22,717-$22,717
Insurance-$8,675-$8,675
Office Expenses-$4,397-$4,397
Payroll Taxes-$2,509-$2,509
Fees for Services Accounting-$790-$790
Payments to Affiliates$207--$207
Total Functional Expenses$16,607$131,120$24,615$172,342
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$113,745
Gaming Direct Expenses$74,578
Fundraising Gross Income$43,798
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinners$40,910$40,910-$40,910
Total Events$40,910$40,910$42,832$-1,922
Political and Lobbying Activity
Political campaign activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization is made up of former members of foreign wars as per their constitution. No member holds any equity in the organization, but acts in the capacity of a dues paying member only.

Member election for additional members Part VI line 7A

Each member is entitled to one vote for each open office for election of officers of the organization. Each member is entitled to one vote to accecpt a new member who meets all qulatifications of the organization.

Governing body decisions Part VI line 7B

All decisions made by the governing are subject to the approval of the membership of the organization. Any large decision must be approved in advance by the membership.

Form 990 governing body review Part VI line 11

The 990 and 990-T with related State reports is reviewed by the Quartermaster with the accountant then reviewed by the governing and membership of the organazition at the next regular meeting.

Conflict of interest policy compliance Part VI line 12C

The Post Conflict of Interest policy requires each officer sign a form each year indicating that they have read the policy and will notify the Post in writing if any conflict exist now or at any time during the year as an officer of the Post. The Post Trustees supervise this policy.

Governing documents etc available to public Part VI line 19

All governing documents such as 990, 990-T, Sales Tax Records, By-Laws Reports by committees to National, etc are made available to the public upon request. Times available are generally between 10:00 AM and 3:00 PM on most days with at least two days notice. As a generalrule other documents are not available to the general public however some committee reports may at times be available such committees not involving personal information such as employees and management of the Post. Information from committees covering public welfare are made available if requested.

Filing and Contact Details

Filer

Filer Name
Calabash VFW Post 7288
EIN
56-1466651
Address
900 Carter Drive, Calabash, NC 28467

Signing Officer

Name
William J McCormick
Title
Quartermaster
Phone
9105793577
Signed
2016-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Kossler
Formed
1988
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
30

Preparer

Firm
Tyler Financial Services
Address
458 Nature Trail, Little River, SC 29566
Preparer
Patrick Tyler
Phone
8433995404
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Fund balance correction is for depreciation of tax year 2013 to be taken appropriately as stated in the federal depreciation screen.

List of other expenses Part IX line 24E

Telephone 908.00Sales Tax 10419Towel Service 4460Canteen Pepsi 3938Other Taxes 2610Permits and Licenses 3309Newsletter Expense 1179Direct TV 5013Canteen Expense 6156Misc Bingo Expense 4163Bingo Payuts 64755

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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043798
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0371276
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0418436
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0284243
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0366729
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0650972
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03466
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt150
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt22707
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Post Relief Fund
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Post Dues Reserve Fund
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Bingo
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0284243
IRS990ScheduleD/TotalBookValueProgramRltdAmt06223
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt042832
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Dinners
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt042832
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt042832
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt040910
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt040910
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-1922
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt070269
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt070269
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt074578
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt0113745
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0113745
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt039167
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt04309
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt04309
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingOwnFacilityPct01.000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0Robert J Stocklin
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0true
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0524 Peserve Point
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Ocean Isle Beach
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NC
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd028469
IRS990ScheduleG/StatesWhereGamingConductedCd0NC
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is made up of former members of foreign wars as per their constitution. No member holds any equity in the organization, but acts in the capacity of a dues paying member only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member is entitled to one vote for each open office for election of officers of the organization. Each member is entitled to one vote to accecpt a new member who meets all qulatifications of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All decisions made by the governing are subject to the approval of the membership of the organization. Any large decision must be approved in advance by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 and 990-T with related State reports is reviewed by the Quartermaster with the accountant then reviewed by the governing and membership of the organazition at the next regular meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Post Conflict of Interest policy requires each officer sign a form each year indicating that they have read the policy and will notify the Post in writing if any conflict exist now or at any time during the year as an officer of the Post. The Post Trustees supervise this policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All governing documents such as 990, 990-T, Sales Tax Records, By-Laws Reports by committees to National, etc are made available to the public upon request. Times available are generally between 10:00 AM and 3:00 PM on most days with at least two days notice. As a generalrule other documents are not available to the general public however some committee reports may at times be available such committees not involving personal information such as employees and management of the Post. Information from committees covering public welfare are made available if requested.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Fund balance correction is for depreciation of tax year 2013 to be taken appropriately as stated in the federal depreciation screen.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Telephone 908.00Sales Tax 10419Towel Service 4460Canteen Pepsi 3938Other Taxes 2610Permits and Licenses 3309Newsletter Expense 1179Direct TV 5013Canteen Expense 6156Misc Bingo Expense 4163Bingo Payuts 64755
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0371276
IRS990/TotalAssetsEOYAmt0418436
IRS990/TotalAssetsGrp/BOYAmt0371276
IRS990/TotalAssetsGrp/EOYAmt0418436
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03946
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024615
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0131120
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0172342
IRS990/TotalGrossUBIAmt082965
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0371276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0418436
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt016607
IRS990/TotalProgramServiceRevenueAmt040910
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0132591
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219502
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt082965
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0371276
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0418436
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0900 Carter Dr
IRS990/USAddress/CityNm0Calabash
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028467
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William J McCormick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Quartermaster
ReturnHeader/BusinessOfficerGrp/PhoneNum09105793577
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Calabash VFW Post 7288
ReturnHeader/Filer/BusinessNameControlTxt0CALA

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