Tom Wolfe Memorial Vfw Post 4207
- Assets
- $768.8k
- Revenue
- $523.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Monett, MO
- Founding
- 08/1967
- Data as of
- 06/2022
- EIN
- 43-6097797
Organization Overview
Tom Wolfe Memorial Vfw Post 4207 is located in Monett, MO. The organization was established in 1967. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Tom Wolfe Memorial Vfw Post 4207 employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Tom Wolfe Memorial Vfw Post 4207 is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2022, Tom Wolfe Memorial Vfw Post 4207 generated $523.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $509.8k during the year ending 06/2022. While expenses have increased by 20.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS IS A FRATERNAL VETERANS ORGANIZATION WHOSE MISSION IS TO SERVE VETERANS. THIS IS ACCOMPLISHED THROUGH DONATIONS, BOTH MONETARY AND TANGIBLE, THROUGH DEEDS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VFW SERVES VETERANS AND THE PUBLIC. THE ORGANIZATION PROVIDES FELLOWSHIP FOR MEMBER OF VFW THROUGH THE USE OF THIS SOCIAL HALL, MEMBERS OF THE VFW ARE OFFERED AN OPPORTUNITY TO SOCIALIZE WITH OTHER MEMBERS. THE PUBLIC BENEFITS BY EVENTS SUCH AS THE BILL BOUCHER SCHOLARSHIP FUND AWARDED TO MONETT HIGH SCHOOL SENIOR BASED ON COMPLETION OF APPLICATION, ESSAY AND GOALS THAT IS PAYABLE TO COLLEGE OR UNIVERSITY OF THEIR CHOICE. THE VFW ALSO PROVIDES OTHER SERVICES SUCH AS FUNERALS, HONOR FLIGHTS, AND VARIOUS OTHER DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley L Beeson Jr 3 Year Trustee | Trustee | 0 | $0 |
Billy J Hefner 1 Year Trustee | Trustee | 0 | $0 |
Paul P Fenske 1 Year Trustee | Trustee | 0 | $0 |
Jason N George Senior Vice Commander | Officer | 0 | $0 |
Casey E Ragain Quartermaster | Officer | 15 | $0 |
Gary L Van Note Commander | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $909 |
| Fundraising events | $8,299 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,882 |
| Total Program Service Revenue | $330,507 |
| Investment income | $804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $173,898 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523,819 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,050 |
| Grants and other assistance to domestic individuals. | $12,477 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $58,713 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,100 |
| Payroll taxes | $7,917 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,510 |
| Office expenses | $3,876 |
| Information technology | $647 |
| Royalties | $0 |
| Occupancy | $140,809 |
| Travel | $300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,000 |
| Interest | $0 |
| Payments to affiliates | $809 |
| Depreciation, depletion, and amortization | $26,637 |
| Insurance | $16,451 |
| All other expenses | $6,000 |
| Total functional expenses | $509,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,244 |
| Savings and temporary cash investments | $26,402 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $415,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $768,785 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $768,785 |
| Total liabilities and net assets/fund balances | $768,785 |