Veterans Of Foreign Wars Of The United States Dept Of Texas
- Assets
- $257.6k
- Revenue
- $426.6k
- Investments
- $0.0
- Employees
- 26
- Location
- Seven Points, TX
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 75-1389926
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Texas, operating under the name VFW Post # 4376, is located in Seven Points, TX. The organization was established in 1982. 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 12/2021, VFW Post # 4376 employed 26 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. VFW Post # 4376 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 12/2021, VFW Post # 4376 generated $426.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $360.8k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL PATRIOTIC HISTORICAL AND EDUCATIONAL SERVICE FOR VETERANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANTEEN OPERATION
N/A
NA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean W Jensen Quartermaster | Officer | 25 | $5,200 |
Randall E Johnston Commander | Officer | 15 | $0 |
David Chitty Jr Vice Commander | Officer | 1 | $0 |
Barry Hetrick Sr Vice Commander | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $380 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,281 |
| Total Program Service Revenue | $223,274 |
| Investment income | $0 |
| 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 | $426,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,659 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,422 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,235 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,121 |
| All other expenses | $121,538 |
| Total functional expenses | $360,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,058 |
| Savings and temporary cash investments | $91,536 |
| 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 | $5,825 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $131,168 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $257,587 |
| Accounts payable and accrued expenses | $6,194 |
| 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 | $6,194 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $12,353 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $239,040 |
| Total liabilities and net assets/fund balances | $257,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Gi Forum National Veterans Outreach Program Inc San Antonio, TX | $6,075,829 | $12,361,795 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Louisiana National Guard Foundation New Orleans, LA | $5,835,401 | $6,505,889 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |
Wish For Our Heroes Inc San Antonio, TX | $1,716,093 | $1,811,976 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Georgetown, TX | $401,147 | $1,318,650 |
Nextop Inc Houston, TX | $488,854 | $1,385,969 |