Fern 45 is located in Fernley, NV. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Fern 45 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Fern 45 generated $227.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $203.8k during the year ending 12/2023. 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
THE SOLE PURPOSE OF OUR NON-PROFIT ORGANIZATION IS TO RAISE MONEY EACH YEAR FOR THE NEVADA VETERAN'S COALITION AND OTHER VETERAN'S PROGRAMS. WE PROVIDE AN OPPORTUNITY FOR OUR COMMUNITY TO CELEBRATE THEIR LOVED VETERANS, PAST AND PRESENT, WHILE ALSO GETTING TO EXPERIENCE OUR BEAUTIFUL NEVADA BACKYARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PUT ON AN ANNUAL OFF-ROAD POKER RUN ON VETERAN'S DAY WEEKEND. THIS 3-DAY EVENT INCLUDES THE POKER RUN INCLUDING ALL TYPES OF OFF-ROAD VEHICLES, LIVE BANDS, A CORNHOLE TOURNAMENT, A POKER TOURNAMENT, RAFFLES, FOOD TRUCKS, AND VENDORS. WE ALSO HOLD AN ANNUAL GOLF TOURNAMENT THAT INCLUDES A MINI POKER RUN AND LARGE RAFFLE, IN MAY. THESE EVENTS PROVIDE AN OPPORTUNITY FOR PEOPLE FROM ALL OVER THE COUNTRY TO GET OUTDOORS AND ENJOY OUR NEVADA BACKYARD. ALL FUNDS RAISED FROM THESE TWO LARGE EVENTS ARE DONATED TO VARIOUS VETERANS ORGANIZATIONS IN NEVADA INCLUDING THE NEVADA VETERANS COALITION, NORTHERN NEVADA STATE VETERANS HOME, VETERANS GUEST HOUSE, HONOR FLIGHT NEVADA, AND ANY VERIFIED INDIVIDUAL VETERAN WHO IS SEEKING HELP FOR THINGS LIKE REPLACING BROKEN APPLIANCES, PAYING RENT, YARD WORK, CLOTHING, ETC. LAST YEAR WE DONATED 75K TO NEVADA VETERANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Walsh President | OfficerTrustee | 7 | $0 |
Kelsey Kibbe Secretary | OfficerTrustee | 20 | $0 |
Rachel Dallara Treasurer | OfficerTrustee | 6 | $0 |
Jason Stewart Director | Trustee | 0.38 | $0 |
Shari Walsh Director | Trustee | 20 | $0 |
Staci Parker Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $560 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $560 |
Total Program Service Revenue | $227,102 |
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 | $227,662 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $57,782 |
Grants and other assistance to domestic individuals. | $21,723 |
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 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 | $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 | $10,986 |
Office expenses | $3,350 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,046 |
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 | $5,140 |
All other expenses | $0 |
Total functional expenses | $203,762 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,444 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $911 |
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 | $98,355 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $98,355 |
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 | $98,355 |
Over the last fiscal year, Fern 45 has awarded $57,582 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
VETERANS GUEST HOUSE PURPOSE: VETERANS ASSISTANCE | $17,532 |
HONOR FLIGHT NEVADA PURPOSE: VETERANS ASSISTANCE | $15,000 |
NORTHERN NEVADA VETERANS COALITION PURPOSE: VETERANS ASSISTANCE | $10,000 |
NORTHERN NEVADA STATE VETERANSHOME PURPOSE: VETERANS ASSISTANCE | $15,050 |