Veteran Of Foreign Wars Of The United States Dept Of Georgia, operating under the name 2681 Vfw Rainbow Post, is located in Marietta, GA. The organization was established in 1977. 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 06/2021, 2681 Vfw Rainbow Post employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 2681 Vfw Rainbow Post 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 06/2021, 2681 Vfw Rainbow Post generated $97.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $65.1k during the year ending 06/2021. 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
PROVIDE SERVICES TO VETERANS OF FOREIGN WARS AND THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES TO SUPPORT VETERANS IN THE COMMUNITY AND PLACE FOR VETERANS TO MEET.
RENTED PROPERTY TO OTHER NON PROFITS
OPERATED BINGO TO RAISE FUNDS FOR BENEFIT OF VETERANS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Garry Keenan Quartermaster | Officer | 30 | $0 |
Harold Watkins Commander | Officer | 15 | $0 |
Drew Keenan Sr Vice Commander Commander | Officer | 30 | $0 |
Scott Vinson Jr Vice Commander | Officer | 30 | $0 |
Olsen Stapleton Trustee | Trustee | 5 | $0 |
Justin Ennis Trustee | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,177 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $54,047 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $20,791 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $97,069 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $500 |
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 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 | $3,750 |
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 | $1,830 |
Information technology | $3,418 |
Royalties | $0 |
Occupancy | $16,452 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $280 |
Interest | $5,903 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,619 |
All other expenses | $0 |
Total functional expenses | $65,076 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $60,455 |
Savings and temporary cash investments | $1,640 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,800 |
Total assets | $387,682 |
Accounts payable and accrued expenses | $1,732 |
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 | $45,541 |
Other liabilities | $0 |
Total liabilities | $47,273 |
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 |
Total liabilities and net assets/fund balances | $340,409 |
Organization Name | Assets | Revenue |
---|---|---|
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Armed Services Mutual Benefit Association Goodlettsville, TN | $55,566,131 | $7,665,042 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
Purple Heart Homes Inc Statesville, NC | $4,564,055 | $4,659,786 |
The American Legion Orlando, FL | $4,425,997 | $3,913,463 |
Uso Of North Carolina Inc Morrisville, NC | $0 | $3,467,361 |
Cov Inc Murfreesboro, TN | $390,398 | $2,770,188 |
Veterans Empowerment Organization Of Georgia Inc Atlanta, GA | $5,110,799 | $3,778,915 |
The Congressional Medal Of Honor Society Of The United States Of Mount Pleasant, SC | $5,574,928 | $2,678,824 |
Herobox Inc Peachtree City, GA | $304,478 | $2,248,382 |
Florida Is For Veterans Inc Tallahassee, FL | $751,359 | $2,131,929 |
Sons Of Confederate Veterans Inc Columbia, TN | $17,474,113 | $2,425,147 |