Civic Intelligence

Cadet Foundation

990EZ • Fiscal year 2022 • EIN 87-1333054

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization Profilewww.thecadetfoundation.org
c/o 214 Terrebonne RoadYorktown, VA 23692

(757) 869-6770

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

91st percentile

55%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

96th percentile

273%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

386%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$30,578

No earlier filing loaded for comparison.

Net Assets

$30,578

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin91st percentile

Revenue

$40,835

No earlier filing loaded for comparison.

Expenses

$18,451

No earlier filing loaded for comparison.

Net Income

$22,384

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$100K$50K$0Assets 2022: $30,578Liabilities 2022: $0Net Assets 2022: $30,5782022Assets 2024: $88,378Liabilities 2024: $0Net Assets 2024: $88,3782024

Highlighted filing

2022

Assets$30,578
Liabilities$0
Net Assets$30,578
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$60K$40K$20K$0Revenue 2022: $40,835Expenses 2022: $18,451Net Income 2022: $22,3842022Revenue 2024: $45,298Expenses 2024: $16,955Net Income 2024: $28,3432024

Highlighted filing

2022

Revenue$40,835
Expenses$18,451
Net Income$22,384
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$40,835
Mission and Program Overview

Mission

The Cadet Foundation operates and publishes The Cadet newspaper as the independent voice of the VMI Corps of Cadets and Alumni since its creation in 1871, its transition to a newspaper format in 1907, and today. Our mission is to support the journalistic pursuits in publishing the student-produced and alumni supported medium of news and information by cadets and alumni in continuing the positive and proud tradition and enhance the bonds between these two essential groups. The interaction will enhance the academic, military, intellectual and professional development experiences of its cadet members interested in careers in journalism or related fields as well as offer leadership opportunities to practice academic, military, and personal skills. The Cadet Foundation also supports other programs that directly benefit Cadets and their working with alumni that are nominated by Cadets and alumni to meet the Foundation's mission.

Program Services

DescriptionGrantsExpenses
Support to cadets participating in The Cadet newspaper at the Virginia Military Institute to include publication of their independent cadet edited student newspaper as well as related journalism and personal development programs working with alumni and other mentors.$14,516$25
Supported Cadets in the class of 2024 who, due to financial difficulties, could not afford the full cost of their class rings$3,250$0
Sippored a program partnering legacy cadets with alumni from the VMI Class of 1956 for the Class of '56 Memorial services as well as providing all members of the Class of '56, their widows and/or families DVD of the memorial service as rememberances.$660$660
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James MansfieldDirectorPT$0--
Debora HansenSecretary-$0--
Robert MorrisPresident And TreasurerPT$0--
Russell CrouchBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Cadet Foundation
EIN
87-1333054
Phone
7578696770
Address
c/o 214 Terrebonne Road, Yorktown, VA 23692

Signing Officer

Name
Robert Morris
Title
President
Phone
7578696770
Signed
2023-11-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Income from bank account interest”

Form 990-EZ, Part I, Line 16

“Program costs supporting The Cadet Newspaper publication”

Raw XML Appendix182 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Robert Morris
IRS990EZ/BooksInCareOfDetail/PhoneNum07578696770
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0c/o 214 Terrebonne Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Yorktown
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023692
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08194
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030578
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt040827
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt022384
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08194
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030578
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03910
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt040835
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08194
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030578
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08194
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030578
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0James Mansfield
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Debora Hansen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Robert Morris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Russell Crouch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President and Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014516
IRS990EZ/OtherRevenueTotalAmt08
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Cadet Foundation operates and publishes The Cadet newspaper as the independent voice of the VMI Corps of Cadets and Alumni since its creation in 1871, its transition to a newspaper format in 1907, and today. Our mission is to support the journalistic pursuits in publishing the student-produced and alumni supported medium of news and information by cadets and alumni in continuing the positive and proud tradition and enhance the bonds between these two essential groups. The interaction will enhance the academic, military, intellectual and professional development experiences of its cadet members interested in careers in journalism or related fields as well as offer leadership opportunities to practice academic, military, and personal skills. The Cadet Foundation also supports other programs that directly benefit Cadets and their working with alumni that are nominated by Cadets and alumni to meet the Foundation's mission.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Support to cadets participating in The Cadet newspaper at the Virginia Military Institute to include publication of their independent cadet edited student newspaper as well as related journalism and personal development programs working with alumni and other mentors.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Supported Cadets in the class of 2024 who, due to financial difficulties, could not afford the full cost of their class rings
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Sippored a program partnering legacy cadets with alumni from the VMI Class of 1956 for the Class of '56 Memorial services as well as providing all members of the Class of '56, their widows and/or families DVD of the memorial service as rememberances.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt014516
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13250
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2660
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2660
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt018451
IRS990EZ/TotalProgramServiceExpensesAmt0685
IRS990EZ/TotalRevenueAmt040835
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thecadetfoundation.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Funds received from donations.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 7
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part II, Line 1
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt053194
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt053194
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt053194
IRS990ScheduleA/TotalSupportAmt053194
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Income from bank account interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program costs supporting The Cadet Newspaper publication
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We properly files an automatic extension for the tax return so this filing should not be late. As an a volunteer foundation we are dependant on our volunteer availability. This was impacted by COVID fr the tax year.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Morris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07578696770
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CADET FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CADE
ReturnHeader/Filer/EIN0871333054
ReturnHeader/Filer/PhoneNum07578696770
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o 214 Terrebonne Road
ReturnHeader/Filer/USAddress/CityNm0Yorktown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023692
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-11-14T11:51:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,578
Liabilities
$0
Net assets
$30,578
Revenue
$40,835
Expenses
$18,451
Net income
$22,384
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$88.4$0.00$88.4$45.3$17.0$28.3
2022Detailed filing. Detailed filing data is available for this year.$30.6$0.00$30.6$40.8$18.5$22.4
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits