Veterans Of Foreign Wars Of The United States Dept Of Florida
- Assets
- $286.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fern Bch, FL
- Founding
- 12/1965
- Data as of
- 06/2022
- EIN
- 59-6165452
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Florida is located in Fern Bch, FL. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The United States Dept Of Florida 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, Veterans Of Foreign Wars Of The United States Dept Of Florida generated $123.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $121.5k during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Lorentson Canteen Manager | 40 | $32,218 | |
Leroy A Lorentson Commander | 20 | $0 | |
Todd Vandergraft Sr Vice Commander | 3 | $0 | |
Michele Harbour Jr Vice Commander | 5 | $0 | |
Donald Monckton | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,458 |
| Total Program Service Revenue | $4,239 |
| Membership dues | $3,490 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,320 |
| Other Revenue | $4,986 |
| Total Revenue | $123,497 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,169 |
| Salaries, other compensation, and employee benefits | $32,218 |
| Professional fees and other payments to independent contractors | $20,152 |
| Occupancy, rent, utilities, and maintenance | $38,935 |
| Printing, publications, postage, and shipping | $775 |
| Other expenses | $14,948 |
| Total expenses | $121,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,130 |
| Other assets | $0 |
| Total assets | $286,459 |
| Total liabilities | $20,641 |
| Net assets or fund balances | $265,818 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Patriot Services Group Inc Jacksonville, FL | $251,560,503 | $19,669,140 |
Team Red White & Blue Inc Atlanta, GA | $10,402,897 | $10,336,911 |
The American Legion Orlando, FL | $4,425,997 | $3,913,463 |
Veterans Empowerment Organization Of Georgia Inc Atlanta, GA | $5,110,799 | $3,778,915 |
Herobox Inc Peachtree City, GA | $304,478 | $2,248,382 |
Florida Is For Veterans Inc Tallahassee, FL | $751,359 | $2,131,929 |
Coming Home Foundation Jupiter, FL | $108,984 | $1,903,875 |
Still Serving Vets Huntsville, AL | $1,067,299 | $1,618,512 |
American Legion Saint Petersburg, FL | $4,958,464 | $1,845,913 |
Sovereign Military Hospitaller Knights Of The Imperial Orders Inc Tampa, FL | $23 | $1,166,390 |
Warrior Alliance Inc Atlanta, GA | $548,665 | $766,609 |
Veterans Of Foreign Wars Of The United States Dept Of Florida Ocala, FL | $9,010,072 | $1,574,934 |