Veterans Of Foreign Wars Of The United States Dept Of Oklahoma
- Assets
- $185.9k
- Revenue
- $23.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Shawnee, OK
- Founding
- 06/1945
- Data as of
- 06/2023
- EIN
- 73-0968100
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Oklahoma, operating under the name VFW Post 1317, is located in Shawnee, OK. The organization was established in 1945. 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 06/2023, VFW Post 1317 employed 13 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. VFW Post 1317 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 06/2023, VFW Post 1317 generated $23.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $205.2k during the year ending 06/2023. 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
ASSOCIATION OF PRIOR MILITARY PERSONNEL DOING COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR NEARLY 68,800 STUDENTS IN SIXTH THROUGH EIGHTH GRADES ENTER THE VFW'S PATRIOT'S PEN YOUTH ESSAY CONTEST FOR A CHANCE TO WIN THEIR SHARE OF NEARLY $1 MILLION IN STATE AND NATIONAL AWARDS. EACH FIRST PLACE STATE WINNER RECEIVES A MINIMUM OF $500 AT THE NATIONAL LEVEL AND THE NATIONAL FIRST PLACE WINNER WINS $5,000!
AUDIO-ESSAY PROGRAM PROVIDES HIGH SCHOOL STUDENTS WITH THE UNIQUE OPPORTUNITY TO EXPRESS THEMSELVES IN REGARDS TO A DEMOCRATIC AND PATRIOTIC-THEMED RECORDED ESSAY. EACH YEAR NEARLY 25,000 NINTH THROUGH 12TH GRADE STUDENTS FROM ACROSS THE COUNTRY ENTER TO WIN THEIR SHARE OF MORE THAN $1 MILLION IN EDUCATIONAL SCHOLARSHIPS AND INCENTIVES AWARDED THROUGH THE PROGRAM.
OUR SCOUT OF THE YEAR PROGRAM PROVIDES MEMBERS OF THE BOY SCOUTS AND GIRL SCOUTS TO BE RECOGNIZED FOR THEIR STANDOUT CITIZENSHIP PATRIOTISM AND LOVE OF COUNTRY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,841 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,464 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,305 |
| Total Program Service Revenue | $0 |
| Investment income | $4,164 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,469 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,591 |
| Compensation of current officers, directors, key employees. | $2,591 |
| Compensation to disqualified persons | $11,350 |
| Other salaries and wages | $103,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,748 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $600 |
| Office expenses | $23,681 |
| Information technology | $2,109 |
| Royalties | $0 |
| Occupancy | $42,438 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,405 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $205,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,000 |
| Savings and temporary cash investments | $180,774 |
| Pledges and grants receivable | $2,145 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $185,919 |
| Accounts payable and accrued expenses | $185,919 |
| 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 | $185,919 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $185,919 |