VFW Post 1577 EIN 23-7419729 Form 990 (PDF) Claim this org

VFW Post 1577

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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Provides financial and personal aid to veterans, their families, and the community. For fiscal year 2024 it reported $48K in revenue, $43K in expenses, and $109K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Camden, OH
Filings
5 on file (2020–2024)
Revenue
$48KFY2024
Expenses
$43K
Net assets
$109K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7419729 Mutual-benefit / member-serving Camden, OH
Form 990 (PDF)
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Size
<$100K
What they do
Provides financial and personal aid to veterans, their families, and the community.
Leadership
Doug Zeek · Quartermaster
Money in and out
$48K revenue, $43K expenses
Bottom line
+10% surplus margin
Reported financial activity · FY2024
Total revenue
$48K
Pt VIII · Ln 12
Total expenses
$43K
Pt IX · Ln 25
Net assets
$109K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $1.00
Surplus margin
+10%
revenue over expenses, this year▲ +115% vs prior filing year
Program spending
100%
of expenses reach programs▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$48K
FY2024▲ +67%
Expenses
$43K
FY2024▼ -11%
Total assets
$110K
FY2024▲ +5%
Total liabilities
$777
FY2024
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$110K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVFW Post 1577
EINHdr · item D23-7419729
Principal addressHdr · item CCamden, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(19) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1940

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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
Quartermaster
$0Pt VII · Sec A
See VFW Post 1577 executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $2K of program spending, described in the organization's own filed words · FY2024.
01

Promoted the support financially and by actions to help veterans and their families when in need.

$2Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$43K · 89%
Contributions & grants$4K · 8%
Investment income$2K · 3%
Other revenue89%$43K
Contributions & grants8%$4K
Investment income3%$2K
Total revenueLn 12$48K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$43K
Total functional expensesLn 25$43K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$110K
Total liabilitiesLn 26$777
Total net assetsLn 32$109K
Months of cash on handcomputed17.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $43K
17.1 months
Where the money goes
Program services
Program services $43K · Total expenses $43K
100%
Management & General
Management & general — · Total expenses $43K
Fundraising
Fundraising — · Total expenses $43K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $48K
8%
Government reliance
Government grants — · Total revenue $48K
Earned-income share
Program service revenue $0 · Total revenue $48K
0%
Investment reliance
Investment income $2K · Total revenue $48K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $43K
0%
Growth & trend
Revenue growth (YoY)
This year $48K · Prior year $29K
+67%
Revenue CAGR
FY2020 $47K · FY2024 $48K
+0.6%
Net-asset trend (YoY)
End of year $109K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $48K · Expenses $43K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $110K
Net-asset ratio
Net assets $109K · Total assets $110K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $110K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Doug Zeek · Reported title QUARTERMASTER · Highest reported compensation $0 · Total expenses $43K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $43K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 67%
Accounting fee ratio 0.8%

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.

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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)$48K revenue · viewing · ⤓ 990 PDF
FY2023$29K revenue · ⤓ 990 PDF
FY2022$57K revenue · ⤓ 990 PDF
FY2021$52K revenue · ⤓ 990 PDF
FY2020$47K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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