Civic Intelligence

Metry Veterans Association

990 • Fiscal year 2023 • EIN 72-6029537

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 14, 2023

Organization ProfileN/A
2809 Harvard AvenueMetairie, LA 70006

(504) 443-2633

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Net Margin

2nd percentile

-144%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2023 filings • 501(c)19 • $1M-$5M nonprofits • Source year 2023

Asset Growth

31st percentile

-1.5%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-13%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)19 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$1,105,412

Down $16,612 (-1.5%) from 2022

Net Assets

Down

$1,105,412

Down $16,612 (-1.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin2nd percentile

Revenue

Down

$11,554

Down $1,708 (-13%) from 2022

Expenses

Up

$28,166

Up $3,308 (+13%) from 2022

Net Income

Down

-$16,612

Down $5,016 (-43%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$1.5M$1.0M$500K$0Assets 2017: $1,148,662Liabilities 2017: $0Net Assets 2017: $1,148,6622017Assets 2018: $1,151,884Liabilities 2018: $0Net Assets 2018: $1,151,8842018Assets 2019: $1,149,416Liabilities 2019: $0Net Assets 2019: $1,149,4162019Assets 2020: $1,136,216Liabilities 2020: $0Net Assets 2020: $1,136,2162020Assets 2021: $1,133,620Liabilities 2021: $0Net Assets 2021: $1,133,6202021Assets 2022: $1,122,024Liabilities 2022: $0Net Assets 2022: $1,122,0242022Assets 2023: $1,105,412Liabilities 2023: $0Net Assets 2023: $1,105,4122023Assets 2024: $1,097,047Liabilities 2024: $0Net Assets 2024: $1,097,0472024

Highlighted filing

2023

Assets$1,105,412
Liabilities$0
Net Assets$1,105,412
Open 2023 Filing

Operations Trend

Revenue Growth23rd percentile

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

$40K$20K$0-$20KRevenue 2017: $11,969Expenses 2017: $29,689Net Income 2017: -$17,7202017Revenue 2018: $25,410Expenses 2018: $22,184Net Income 2018: $3,2262018Revenue 2019: $17,637Expenses 2019: $20,105Net Income 2019: -$2,4682019Revenue 2020: $20,388Expenses 2020: $25,618Net Income 2020: -$5,2302020Revenue 2021: $22,239Expenses 2021: $24,835Net Income 2021: -$2,5962021Revenue 2022: $13,262Expenses 2022: $24,858Net Income 2022: -$11,5962022Revenue 2023: $11,554Expenses 2023: $28,166Net Income 2023: -$16,6122023Revenue 2024: $17,846Expenses 2024: $26,211Net Income 2024: -$8,3652024

Highlighted filing

2023

Revenue$11,554
Expenses$28,166
Net Income-$16,612
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 14, 2023
Return Version
2022v5.0
Gross Receipts
$11,554
Mission and Program Overview

Mission

Mva strives to do good things in support of veterans, their families and the communiities in which they live. Funds available are used in support of veterans hospitals and clinics as well as ongoing cancer research. Additionally, mva supports the youth and families in need in their communities along with the vfw national home for children and other organizations.

SEE SCHEDULE 0

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$790,466$802,393▲ $11,927
Land, Buildings, and Equipment, Net$291,650$282,122▼ $9,528
Cash and Non-Interest-Bearing Accounts$39,908$20,897▼ $19,011
Total Assets$1,122,024$1,105,412▼ $16,612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,122,024$1,105,412▼ $16,612
Total Net Assets Fund Balance$1,122,024$1,105,412▼ $16,612
Total Liabilities and Net Assets / Fund Balance$1,122,024$1,105,412▼ $16,612

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,948$78,934$312,882
Leasehold Improvements$48,174$10,535$58,709
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Mike HatchettPresident
Doug CrowellVice President
Greg LilesDirector
Jack EmersonDirector
Larry OlindeDirector
Robert NaultyDirector
Patrick KennedySecretary
GARY HERNDON SrSectreas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$11,554
Other Revenue
$0
Change in Net Assets
$-16,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,166
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
Depreciation Depletion-$9,528-$9,528
All Other Expenses-$9,317-$9,317
Other Expenses$7,258--$7,258
Fees for Services Accounting-$1,475-$1,475
Insurance-$588-$588
Total Functional Expenses$7,258$20,908$0$28,166
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

Governing body meeting documentation Part VI line 8A

“Mva strives to do good things in support of veterans, their families and the communities in which they live.funds available are used in support of veteranshospitals and clinics as well as ongoing cance research. Additionally, mva supports the youth and families in need in their communities alon g with the vfw national home for children and ther organizations.”

Committee meeting documentation Part VI line 8B

“MVA STRIVES TO DO GOOD THINGS IN SUPPORT OF VETERANS, THEIR FAMILIES AND THE COMMUNITIES IN WHICH THEY LIVE. FUNDS AVAILABLE ARE USED IN SUPPORT OF VETERANS HOSPITALS AND CLINICS AS WELL AS ONGOING CANCER RESEARCH. aDDITIONALLY, MVA SUPPORTS THE YOUTH AND FAMILIES IN NEED IN THEIR COMMUNITIES ALONG WITH THE VFW NATIONAL HOME FOR CHILDREN AND OTHER ORGANIZATIONS. SEE SCHEDULE O”

Form 990 governing body review Part VI line 11

“No review was or will be conducted”

Form 990 availability to public Part VI line 18

“No other documents available to the public”

Governing documents etc available to public Part VI line 19

“No documents available to public”

Filing and Contact Details

Filer

Filer Name
Metry Veterans Association
EIN
72-6029537
Address
2809 HARVARD AVENUE, Metairie, LA 70006

Signing Officer

Name
Gary Herndon Sr
Title
Sectreas
Phone
5044271541
Signed
2023-09-14
Discuss with paid preparer
Yes

Organization Details

Formed
1954
Legal Domicile
La
Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Executive Tax Service LLC
Address
2901 Houma Blvd Suite 2, Metairie, LA 70006
Preparer
Laurie P Schmaltz EA
Phone
5047800456
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“SERVICE EXPENSES”

List of other expenses Part IX line 24E

“Maintenance expenses for building”

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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/ExplanationTxt0MVA STRIVES TO DO GOOD THINGS IN SUPPORT OF VETERANS, THEIR FAMILIES AND THE COMMUNITIES IN WHICH THEY LIVE.FUNDS AVAILABLE ARE USED IN SUPPORT OF VETERANSHOSPITALS AND CLINICS AS WELL AS ONGOING CANCE RESEARCH. ADDITIONALLY, MVA SUPPORTS THE YOUTH AND FAMILIES IN NEED IN THEIR COMMUNITIES ALON G WITH THE VFW NATIONAL HOME FOR CHILDREN AND THER ORGANIZATIONS.
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ReturnHeader/TaxYr02022

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,105,412
Liabilities
$0
Net assets
$1,105,412
Revenue
$11,554
Expenses
$28,166
Net income
-$16,612
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.02$0.03$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.01$0.03$0.02
2022Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$0.01$0.02$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$0.02$0.02$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.02$0.03$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$0.02$0.02$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$0.03$0.02$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.01$0.03$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)19 • $1M-$5M nonprofits