The Citizens Soldiers Education Foundation Inc
- Assets
- $381.9k
- Revenue
- $293.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Staunton, VA
- Founding
- 12/2010
- Data as of
- 12/2023
- EIN
- 54-1698197
Organization Overview
The Citizens Soldiers Education Foundation Inc is located in Staunton, VA. The organization was established in 2010. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Citizens Soldiers Education Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizens Soldiers Education Foundation 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 12/2023, Citizens Soldiers Education Foundation Inc generated $293.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $122.8k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CITIZEN SOLDIERS EDUCATION FOUNDATION, INC. IS TO:1-PROVIDE MUSEUMS AND ARCHIVES FOR EXHIBITS AND ARTIFACTS OF HISTORIC SIGNIFICANCE FROM THE 116TH INFANTRY REGIMENT AND AREA CITIZEN SOLDIERS. 2- CONDUCT EDUCATION PROGRAMS FOR STUDENTS AND ADULTS.3- SUPPORT OUTREACH FOR VETERANS, MEMBERS OF THE REGIMENT, AND THEIR FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES A FREE ADMISSION, OPEN TO THE PUBLIC HISTORY MUSEUM WITH EDUCATIONAL PROGRAMMING AND EVENTS, HOSTS CIVIC GROUP MEETINGS AND OFFER TRAVELING LECTURE SERIES FOR ANY WHO ASK. COLLECT AND PRESERVE RELATED ARTIFACTS AND DOCUMENTS. OVER 2000 STUDENTS AND ADULTS WERE SERVED BY THESE PROGRAMS.
THE FOUNDATION LEADS HISTORY EDUCATION TOURS FOR STUDENTS AND ADULTS, OFFERS INTERNSHIPS FOR COLLEGE STUDENTS AND COMMUNITY SERVICE HOURS FOR SCOUTS, PROVIDES EDUCATORS AND SCHOOLS WITH TEACHING RESOURCES AND PROGRAMMING. TOURS OFFERED NATIONALLY, EDUCATION SUPPORT REGIONALLY.
THE FOUNDATION OFFERS VETERANS PROGRAMS THAT PROVIDE AN ANNUAL REUNION FOR CURRENT, FORMER MEMBERS AND FAMILIES, A COMMUNITY 5K RACE AND HOST A LOCAL POST OF A NATIONAL VETERANS ORGANIZATION. WE SUPPORT UNIT HISTORY/HERITAGE PROGRAMS FOR NEW MEMBERS, ALUMNI AND OTHER VETERANS GROUPS. AVAILABLE TO OVER 10,000 MEMBERS, VETERANS AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buddy Falconer Director | Trustee | 1 | $0 |
Edmund D Potter Secretary | OfficerTrustee | 16 | $12,000 |
Edmund Davidson Director | Trustee | 1 | $0 |
Hugh B Sproul III Director | Trustee | 1 | $0 |
Joel P Jenkins Jr Director | Trustee | 1 | $0 |
John Graves Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,249 |
| Noncash contributions included in lines 1a–1f | $150,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,749 |
| Total Program Service Revenue | $30,237 |
| Investment income | $2,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $780 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $293,178 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $44,031 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,300 |
| 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 | $1,240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $15,435 |
| Conferences, conventions, and meetings | $340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $415 |
| Insurance | $3,619 |
| All other expenses | $3,573 |
| Total functional expenses | $122,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,694 |
| Savings and temporary cash investments | $25,916 |
| Pledges and grants receivable | $2,000 |
| Accounts receivable, net | $4,340 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,300 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $249,448 |
| Total assets | $381,945 |
| Accounts payable and accrued expenses | $6,635 |
| 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 | $20,264 |
| Total liabilities | $26,899 |
| 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 | $36,495 |
| Retained earnings, endowment, accumulated income, or other funds | $318,551 |
| Total liabilities and net assets/fund balances | $381,945 |