Veterans Of Foreign Wars Of The Vfw Nc Auxiliary
- Assets
- $194.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Clayton, NC
- Founding
- 09/1965
- Data as of
- 06/2022
- EIN
- 56-0561710
Organization Overview
Veterans Of Foreign Wars Of The Vfw Nc Auxiliary is located in Clayton, NC. The organization was established in 1965. 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, Veterans Of Foreign Wars Of The Vfw NC Auxiliary employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The Vfw NC Auxiliary 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 06/2022, Veterans Of Foreign Wars Of The Vfw NC Auxiliary generated $98.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $103.5k during the year ending 06/2022. While expenses have increased by 16.1% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROGRAMS ARE DESIGNED TO BRING NEEDED SERVICES, INFORMATION, AND ASSISTANCE TO VETERANS, ACTIVE-DUTY MILITARY AND THEIR FAMILIES, AND OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Johnson-Leu President | 24 | $0 | |
Patty Harris Treasurer | 24 | $7,800 | |
Tracy Armstrong Secretary | 24 | $4,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,366 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,918 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $45 |
| Other expenses | $88,038 |
| Total expenses | $103,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,524 |
| Other assets | $0 |
| Total assets | $194,524 |
| Total liabilities | $14,977 |
| Net assets or fund balances | $179,547 |
Grants Awarded
Over the last fiscal year, Veterans Of Foreign Wars Of The Vfw Nc Auxiliary has awarded $75,204 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAYBERRY SCHOLARSHIP | | | $19,217 |
CANCER AID & RESEARCH | | | $41,987 |
SPECIAL PROJECT FUND | | | $14,000 |