Squadron a Association INC

IRS exemption revoked

New York, NYUnknown exempt organizationEIN 13-0453120

The main purpose of squadron a association is to conserve and record the history of squadron a cavalry

Run by 52 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $50K a year · 30% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$122K
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$165K
-2% vs prior year
Spent
$105K
Net assets
$436K
By yearFY2020–FY2021
Revenue
$165K
FY2021▼ -2%
Revenue by fiscal year
FY2020$169K
FY2021$165K
Expenses
$105K
FY2021▼ -18%
Expenses by fiscal year
FY2020$129K
FY2021$105K
Net assets
$436K
FY2021▲ +8%
Net assets by fiscal year
FY2020$404K
FY2021$436K

From the FY2021 Form 990 · see the original

IRS revoked this organization's tax-exempt status on May 15, 2025

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2025-05-15)
On the IRS revocation list.
Filing up to date?
No filing since FY2021 — 5 yrs
Legal name (IRS)Hdr · item CSquadron a Association INC
EINHdr · item D13-0453120
Exempt statusHdr · item IRevoked
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CNew York, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jsquadrona.org

Financial health

Is it on solid ground?

Surplus margin
+36%
revenue over expenses, this year▲ +53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$558K
FY2021▲ +8%
Total assets by fiscal year
FY2020$515K
FY2021$558K
Total liabilities
$122K
FY2021▲ +10%
Total liabilities by fiscal year
FY2020$111K
FY2021$122K
Revenue less expensesPt I · Ln 19$60K
Total assetsPt X · Ln 16$558K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$558K
Total liabilitiesLn 26$122K
Total net assetsLn 32$436K
Months of cash on handcomputed5.3

Statement of Revenue

Part VIII
Program service revenue$105K · 63%
Other revenue$32K · 20%
Contributions & grants$23K · 14%
Investment income$5K · 3%
Program service revenue63%$105K
Other revenue20%$32K
Contributions & grants14%$23K
Investment income3%$5K
Total revenueLn 12$165K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $249K · Operating expenses/yr $105K
28.4 months
Where the money goes
Program services
Program services — · Total expenses $105K
—
Management & General
Management & general — · Total expenses $105K
—
Fundraising
Fundraising — · Total expenses $105K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $23K · Total revenue $165K
14%
Government reliance
Government grants — · Total revenue $165K
—
Earned-income share
Program service revenue $105K · Total revenue $165K
63%
Investment reliance
Investment income $5K · Total revenue $165K
+3%
Program self-sufficiency
Program service revenue $105K · Total expenses $105K
99%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $169K
-2%
Net-asset trend (YoY)
End of year $436K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $105K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $558K
—
Net-asset ratio
Net assets $436K · Total assets $558K
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $202K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $558K
36%
People & payroll
Highest Reported Total Compensation
Individual Michael D Witter · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $105K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $49K · Total expenses $105K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -2%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair, Board of Governors
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Squadron a Association INC executive salaries →

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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Preserves and records the history of Squadron A Cavalry.

Provided by the organization

This section is blank until Squadron a Association INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

The main and only purpose of squadron a association is to conserve and maintain the history of squadron a cavalry. All activities are tied to this purpose as are all expenses.

Pt IX · col B

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2021 Latest Viewing $165K$105K-2% 990 PDF
FY2020 $169K$129K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $105,261 across 7 lines filed
IX-7 Other salaries and wages$45,600
IX-10 Payroll taxes$3,530
IX-11c Accounting fees$5,245
IX-11g Other fees for services$838
IX-16 Occupancy$7,557
IX-24 Other expenses (24a–d)$32,373
IX-24e All other expenses$10,118
IX-25 Total functional expenses$105,261

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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