0778 Michael Kosar INC FY2020 filing

Tax-deductible

Butler, PA501(c)(19)EIN 25-6093489Revenue $196K in FY2020

On file with the IRS150 Legion Memorial Dr, 16001-3186 · Butler, PATax-exempt since Mar 1946

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To follow our core principle with continued service to our nation, by actively supporting our deserving military veterans, our hometown guard & reserve families, our important youth programs and our caring community organizations, by way of direct financial donations.

501(c)(19) charity; gifts are tax-deductible.
$17K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $4K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 20.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$196K
Spent
$236K
To programs
0%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$196K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$196K
FY2021$200K
FY2022$274K
FY2023$567K
FY2024$577K
Expenses
$236K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$236K
FY2021$231K
FY2022$242K
FY2023$535K
FY2024$591K
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.2M
FY2022$1.3M
FY2023$1.2M
FY2024$1.3M

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

13 people listed on the 990; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation
Finance Officer
$10,829Pt VII · Sec A
$6,659Pt VII · Sec A
Executive Cmte.
$0Pt VII · Sec A
Historian& Ec
$0Pt VII · Sec A
Exec. Committee
$0Pt VII · Sec A
Exec. Comm.
$0Pt VII · Sec A
Adjutant
$0Pt VII · Sec A
Judge Advocate
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
William McNutt$11,620$10,033$8,898$7,085$6,659
Joseph Hasychak—$5,952$11,222$11,222$10,829
Michael Waldron—$2,440———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides financial donations to support veterans, military families, youth, and community groups.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

To foster & perpetuate 100% americanism. To provide holiday activities for veterans. To provide social & recreational facilities & activities for comradeship among veterans, etc.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $35K · 2020–2022
Unitemized GrantFY2022$10,000
Unitemized GrantFY2022$5,000
Unitemized GrantFY2021$10,000
Unitemized GrantFY2020$10,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$196K
Ln 12
Other incomeLn 4–11$178K
Gifts and grantsLn 1h$18K
Investment incomeLn 3$94
Money outPt IX
$236K
Ln 25
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$398K
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
PeoplePt VI, VII
13
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$18K
Investment incomeLn 3$94
Other incomeLn 4–11$178K
Gains on assetsLn 7$0
Total revenueLn 12$196K
Assets in detailPt X, end of year
CashLn 1$244K
SavingsLn 2$154K
Cash and savings togetherLn 1–2$398K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$861K
Other assetsLn 15$0
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 530
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$418K$398K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$880K$861K
Total assetsLn 16$1.3M$1.3M
LiabilitiesLn 26$8K$5K
Net assetsLn 32$1.3M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$10K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$23K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$15K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$22K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$15K
Depreciation, depletion and amortizationLn 22$56K
InsuranceLn 23$5K
Other expenses (24a–d)Ln 24$80K
All other expensesLn 24e$345
Total functional expensesLn 25$236K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $577K$591K−$15K$1.3M 990 PDF
FY2023 $567K$535K$32K$1.2M 990 PDF
FY2022 $274K$242K$32K$1.3M 990 PDF
FY2021 $200K$231K−$31K$1.2M 990 PDF
FY2020 Viewing $196K$236K−$40K$1.3M 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
See the full FY2020 990 (6 parts)
Part I · Summary $196,118 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,330$18,014
I-9 Program service revenue$0
I-10 Investment incomePrior year $41$94
I-11 Other revenuePrior year $250,528$178,010
I-12 Total revenuePrior year $264,899$196,118
I-13 Grants and similar amounts paidPrior year $10,000$10,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $63,568$25,679
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $205,437$200,246
I-18 Total expensesPrior year $279,005$235,925
I-19 Revenue less expensesPrior year −$14,106−$39,807
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $196,118 across 10 lines filed
Lines not itemized here account for $168,073 of total revenue; see the IRS return.
VIII-1b Membership dues$6,799
VIII-1f All other contributions, gifts and grants$11,215
VIII-1h Total contributions, gifts and grants$18,014
VIII-3 Investment incomeExcluded from tax $94$94
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $5,054$5,054
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$206−$206
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,089$5,089
VIII-12 Total revenueRelated to mission $173,162 · Excluded from tax $4,942$196,118
Part IX · Statement of functional expenses $235,925 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$10,000
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$23,225
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$2,454
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$6,954
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$15,382
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$21,797
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$15,050
IX-22 Depreciation, depletion and amortization$55,734
IX-23 Insurance$5,121
IX-24 Other expenses (24a–d)$79,863
IX-24e All other expenses$345
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$235,925
Part X · Balance sheet $1,276,535 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $266,744$243,748
X-2 Savings and temporary cash investmentsStart of year $151,066$154,091
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $15,204$14,152
X-9 Prepaid expenses and deferred chargesStart of year $3,248$3,975
X-10c Land, buildings and equipment, netStart of year $879,604$860,569
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,315,866$1,276,535
X-17 Accounts payable and accrued expensesStart of year $7,951$5,399
X-25 Other liabilitiesStart of year $2$4
X-26 Total liabilitiesStart of year $7,953$5,403
X-32 Total net assets or fund balancesStart of year $1,307,913$1,271,132
X-33 Total liabilities and net assetsStart of year $1,315,866$1,276,535
Part XI · Reconciliation of net assets $1,271,132 net assets at year end
XI-1 Total revenue$196,118
XI-2 Total expenses$235,925
XI-3 Revenue less expenses−$39,807
XI-4 Net assets at start of year$1,307,913
XI-5 Net unrealized gains (losses) on investments$3,026
XI-10 Net assets at end of year$1,271,132

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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