First Troop Philadelphia City Cavalry is located in Philadelphia, PA. The organization was established in 1950. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Troop Philadelphia City Cavalry is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, First Troop Philadelphia City Cavalry generated $170.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $261.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION IS AN INDEPENDANT ACTIVE PART OF THE PENNSYLVANIA NATIONAL GUARD. ITS ACTIVITIES ARE ASSOCIATED WITH THAT & WITH THE CONTINUATION COMMEMORATION & PERPETUATION OF THE HISTORY & TRADITIONS OF THE MOUNTED CALVALRY IN THE US ARMY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENOVATIONS REPAIRS AND MAINTENANCE OF THE ORGANIZATION'S HISTORIC ARMORY IN PHILADELPHIA PA WHICH IS ACTIVLEY USED IN SERVICE FOR THE PA NATIONAL GUARD AND WHICH CONTAINS THE ORGANIZATION'S CAVALRY MUSEUM
CAVALRY EXPENSES MAINTENANCE OF CAVALRY EQUIPTMENT TRAINING FOR HISTORIC REINACTMENTS AND MOUNTED CALALRY DUTIES AND NATIONAL GUARD RECRUITING RETENTION AND OTHER SUPPORT DURING AND FOR THE PENNSYLVANIA ARMY NATIONAL GUARD SERVICE INCLUDING EXPENSES DURING INACTIVE AND ACTIVE DUTY TRAINING.
MAINTENANCE OF THE ORGANIZATION'S CAVALRY MUSEUM AND LIBRAY INCLUDING THE CONSERVATION AND RESTORATION OF ARTIFACTS SUCH AS PAINTINGS PRINTS BOOKS MANUSCRIPTS WEAPONS FLAGS STANDARDS AND UNIFORMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Wall President | OfficerTrustee | 20 | $0 |
Norman Bonnyman Vice President | OfficerTrustee | 15 | $0 |
Carl Wurzer Treasure | OfficerTrustee | 15 | $0 |
Ethan Pealer First Sergeant Secretary | OfficerTrustee | 20 | $0 |
Scott Dobson Vice President | OfficerTrustee | 15 | $0 |
Grregg Conell Vice President | OfficerTrustee | 15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $70,309 |
Fundraising events | $40,826 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $111,135 |
Total Program Service Revenue | $4,790 |
Investment income | $3,649 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $46,693 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,000 |
Miscellaneous Revenue | $0 |
Total Revenue | $170,267 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $31,377 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $52,255 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $6,959 |
Information technology | $24,050 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $58,474 |
All other expenses | $25,843 |
Total functional expenses | $261,308 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,473 |
Savings and temporary cash investments | $364,758 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,769 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,846,078 |
Investments—publicly traded securities | $87,722 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,181,059 |
Total assets | $4,484,859 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $4,484,859 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,484,859 |
Over the last fiscal year, we have identified 1 grants that First Troop Philadelphia City Cavalry has recieved totaling $4,703.
Awarding Organization | Amount |
---|---|
J Wilson Tuw Fbo Charities 1513091760 Las Vegas, NV PURPOSE: CHARITABLE PURPOSES | $4,703 |
Beg. Balance | $1,940,249 |
Earnings | $118,032 |
Ending Balance | $2,058,281 |
Organization Name | Assets | Revenue |
---|---|---|
Island Peer Review Organization Inc New Hyde Park, NY | $59,283,462 | $69,591,386 |
Pennsylvania Division Horsemens Grantville, PA | $19,157,868 | $39,543,459 |
Manhattan Institute For Policy Research Inc New York, NY | $22,398,458 | $16,694,868 |
National Action Network Inc New York, NY | $4,012,343 | $7,322,289 |
Pittsburgh Allegheny County Thermal Ltd Pittsburgh, PA | $6,178,022 | $5,299,602 |
Volcker Alliance Inc New York, NY | $23,661,694 | $7,640,617 |
The Benefit Shop Foundation Inc Mount Kisco, NY | $1,028,853 | $3,629,691 |
Niagara Tobacco Asset Securitization Corp Lockport, NY | $6,699,671 | $3,919,268 |
A Public Voice Inc Thornville, OH | $202,623 | $2,766,448 |
Ohio Township Association Blacklick, OH | $5,127,919 | $2,259,124 |
Westmoreland County Federated Library System Greensburg, PA | $973,744 | $1,953,407 |
Columbus-East Town-Op & F Inc Columbus, OH | $34,259,334 | $2,564,338 |