Semper Fi Community Task Force EIN 20-8935277 Form 990 (PDF) Claim this org

Semper Fi Community Task Force FY2023 filing

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Supports Tennessee Valley veterans and families through volunteerism and community events. For fiscal year 2023 it reported $147K in revenue, $77K in expenses, and $392K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Madison, AL
Website
www.semperfictf.org
Filings
5 on file (2020–2023)
Revenue
$147KFY2023
Expenses
$77K
Net assets
$392K
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-8935277 Public charity (501(c)(3)) Madison, AL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports Tennessee Valley veterans and families through volunteerism and community events.
Leadership
Dave Bonwit · Advisor
Money in and out
$147K revenue, $77K expenses
Bottom line
93% program efficiency
Where the money goes · FY2023
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$392K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $70K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
61.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$147K
FY2023▲ +6%
Expenses
$77K
FY2023▼ -60%
Total assets
$392K
FY2023▲ +22%
Total liabilities
$0
FY2023
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
$77K
Pt IX · Ln 25
Net assets
$392K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$70K
Total assetsPt X · Ln 16$392K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSemper Fi Community Task Force
EINHdr · item D20-8935277
Principal addressHdr · item CMadison, AL
WebsiteHdr · item Jwww.semperfictf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q99)
Ruling yearIRS BMFNov 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Senior Marine
$0Pt VII · Sec A
Semper Fi Racing Lead
$0Pt VII · Sec A
Volunteer Coordinator
$0Pt VII · Sec A
Outdoor Adventures Lead
$0Pt VII · Sec A
Veterans Outreach Lead
$0Pt VII · Sec A
Community Outreach
$0Pt VII · Sec A
Membership Committee Lead
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $49K of program spending, described in the organization's own filed words · FY2023.
01

Heroes week 2023 provided 10 heroes and their families an opportunity to have a fellowship like none other. Each hero received a special homemade quilt. Flags were flown over the capitol in their honor and given gift bags by local vendors throughout the city.

$31Kprogram expense
02

Outdoor Adventures

Provided a fishing trip for veterans in june 2023 to be a platform for comraderie, safety, healing and fellowship during this 4 day fishing trip. Most importantly a platform was created where veterans could share their own stories and receive some well deserved comfort from other veterans.

$13Kprogram expense
03

Youth Engagement

Three female students from the junior reserve officer training corps class at brewer high school in somerville, alabama, located in morgan county, were awarded the bob marshall excellence in volunteerism scholarship of $1,000 each to continue their higher education in the calendar year 2023.

$6Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$139K · 95%
Investment income$8K · 5%
Contributions & grants95%$139K
Investment income5%$8K
Total revenueLn 12$147K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$72K
Management & general7%$5K
Total functional expensesLn 25$77K

Balance Sheet

Part X · end of year
CashLn 1$392K
Total assetsLn 16$392K
Total liabilitiesLn 26$0
Total net assetsLn 32$392K
Months of cash on handcomputed61.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $392K · Operating expenses/yr $77K
61.1 months
Where the money goes
Program services
Program services $72K · Total expenses $77K
93%
Management & General
Management & general $5K · Total expenses $77K
7%
Fundraising
Fundraising $0 · Total expenses $77K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $137K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $139K · Total revenue $147K
95%
Government reliance
Government grants — · Total revenue $147K
Earned-income share
Program service revenue $0 · Total revenue $147K
0%
Investment reliance
Investment income $8K · Total revenue $147K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $77K
0%
Growth & trend
Revenue growth (YoY)
This year $147K · Prior year $139K
+6%
Net-asset trend (YoY)
End of year $392K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $147K · Expenses $77K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $392K
Net-asset ratio
Net assets $392K · Total assets $392K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $392K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dave Bonwit · Reported title ADVISOR · Highest reported compensation $0 · Total expenses $77K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $77K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 6%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
See all 5 funders →
Grants paid · 1 grant · $6K · 2024–2024
Unitemized GrantFY2024$6,323

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$116K revenue · ⤓ 990 PDF
FY2023$147K revenue · viewing · ⤓ 990 PDF
FY2022$139K revenue · ⤓ 990 PDF
FY2021$134K revenue · ⤓ 990 PDF
FY2020$153K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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