Veterans Of Foreign Wars Of The United States Dept Of Texas
- Assets
- $37.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Princeton, TX
- Founding
- 09/1982
- Data as of
- 06/2020
- EIN
- 75-6055857
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Texas is located in Princeton, 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 06/2020, Veterans Of Foreign Wars Of The United States Dept Of Texas employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Of The United States Dept Of Texas 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 06/2020, Veterans Of Foreign Wars Of The United States Dept Of Texas generated $86.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $94.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
VETERANS
Describe the Organization's Program Activity:
Part 3
12 - 100 MILE ROUND TRIPS TO VA HOSPITAL - BONHAM, TX FOR BINGO PARTIES AND OTHER RECREATION THERAPY, PRIZES, GIFTS ARTICLES OF CLOTHING & REFRESHMENTS PROVIDED FOR 380 PATIENTS
PROVIDE ASSISTANCE AND DONATIONS TO NEEDY INDIVIDUALS IN COMMUNITY. ASSISTANCE PROVIDED THRU LOCAL SCHOOLS, SENIOR CITIZENS CENTER, NURSING HOMES, COMMUNITY CENTER AND INDIVIDUALS DEEMED IN NEED.
AIDING VETERANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Ash Service Officer | 0 | $0 | |
Jason Davis Senior Vice Commander | 10 | $0 | |
Jason Williams Post Quartermaster | 10 | $0 | |
Ben Hood Junior Vice Commander | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $15,632 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,355 |
| Other Revenue | $15,727 |
| Total Revenue | $86,918 |
| Statement of Expenses | |
|---|---|
| Total expenses | $94,846 |
| Balance Sheet | |
|---|---|
| Total assets | $37,095 |
| Total liabilities | $9,507 |
| Net assets or fund balances | $27,588 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Armed Forces Communications And Electronics Association Austin, TX | $1,822,734 | $1,458,339 |