Lest We Forget Our Vets Inc
- Assets
- $8.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, MI
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 41-2227957
Organization Overview
Lest We Forget Our Vets Inc is located in Portage, MI. The organization was established in 2007. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lest We Forget Our Vets Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lest We Forget Our Vets Inc generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $4.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE THERAPEUTIC TRICYCLES CALLED AMTRYKES TO VETERANS AND SENIORS WITH MOBILITY IMPAIRMENT. FUNDING THROUGH HAT SALES AND DONATIONS WAS SECURED TO PURCHASE THE AMTRYKES AND PROVIDE THEM TO RECIPEINTS AT NO COST TO THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Bellware Board Member | 6 | $0 | |
Thomas W Lane President | 60 | $0 | |
Susan Lane Secretary/treasurer | 15 | $0 | |
Robert Hickson Vice President | 2 | $0 | |
Michael Gray 2nd Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,352 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $870 |
| Total Revenue | $3,263 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $225 |
| Occupancy, rent, utilities, and maintenance | $1,600 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $2,854 |
| Total expenses | $4,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56 |
| Other assets | $0 |
| Total assets | $8,201 |
| Total liabilities | $9,535 |
| Net assets or fund balances | -$1,334 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lest We Forget Our Vets Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Wisner Family Foundation Wayne, MI PURPOSE: COMMUNITY - ADAPTIVE BIKES & SENIOR ASSISTANCE | $5,000 |
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