0330 Rothie Post FY2024 filing

Tax-deductible

Hayfield, MN501(c)(19)Public & Societal BenefitEIN 41-6043609Revenue $80K in FY2024

On file with the IRSPo Box 448, 55940-0448 · Hayfield, MNTax-exempt since Mar 1962

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To provide opportunities for members and community for socializing and have learning opportunities. To give honor to veterans both living and deceased.

501(c)(19) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$2K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $53K a year · 40% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% 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
$1K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$80K
-58% vs prior year
Spent
$85K
To programs
100%
Net assets
$454K
By yearFY2021–FY2025
Revenue
$80K
FY2024▼ -58%
Tap a bar for its year
Revenue by fiscal year
FY2021$147K
FY2022$209K
FY2023$190K
FY2024$80K
FY2025$44K
Expenses
$85K
FY2024▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2021$120K
FY2022$75K
FY2023$84K
FY2024$85K
FY2025$42K
Net assets
$454K
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2021$461K
FY2022$334K
FY2023$441K
FY2024$454K
FY2025$456K

From the FY2024 Form 990 (year ending June 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1962.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $85K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $2K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Financial Officer
$2,400Pt VII · Sec A
$0Pt VII · Sec A
1st Vice
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jerry McCloud’s $2K as Financial Officer is at the 24th percentile of top reported officer pay among 61 <$100K public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Jerry McCloud$2,400$16,950$16,200$4,400

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

Connects veterans and the community through social events and learning, honoring those who served.

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Provided by the organization

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1 program · in their own filed words · FY2023
01

The organization has weekly and monthly special events to help maintain funds to honor veterans and allow them a place to gather and have fellowship.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$80K
Ln 12
Gifts and grantsLn 1h$39K
Other incomeLn 4–11$28K
Fees for servicesLn 2g$11K
Money outPt IX
$85K
Ln 25
Programscol B$85K
Owns and owesPt X
$454K
net assets · Ln 32
Cash and savingsLn 1–2$143K
Total assetsLn 16$456K
LiabilitiesLn 26$1K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39K
Fees for servicesLn 2g$11K
Investment incomeLn 3$2K
Other incomeLn 4–11$28K
Total revenueLn 12$80K
Assets in detailPt X, end of year
CashLn 1$64K
SavingsLn 2$79K
Cash and savings togetherLn 1–2$143K
Land, buildings, equipmentLn 10c$306K
Total assetsLn 16$456K
LiabilitiesLn 26$1K
Net assetsLn 32$454K
OperationsPt I, VI
EmployeesI 512
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$133K$143K
Land, buildings, equipmentLn 10c$306K$306K
Total assetsLn 16$443K$456K
LiabilitiesLn 26$2K$1K
Net assetsLn 32$441K$454K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Payroll taxesLn 10$49$49$0$0
Accounting feesLn 11c$357$357$0$0
Advertising and promotionLn 12$2K$2K$0$0
Office expensesLn 13$1K$1K$0$0
OccupancyLn 16$23K$23K$0$0
Conferences, conventions and meetingsLn 19$1K$1K$0$0
InsuranceLn 23$6K$6K$0$0
Other expenses (24a–d)Ln 24$7K$7K$0$0
All other expensesLn 24e$44K$44K$0$0
Total functional expensesLn 25$85K$85K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $44K$42K$2K$456K 990 PDF
FY2024 Viewing $80K$85K−$5K$454K 990 PDF
FY2023 $190K$84K$107K$441K 990 PDF
FY2022 $209K$75K$134K$334K 990 PDF
FY2021 $147K$120K$27K$461K 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 FY2024 990 (6 parts)
Part I · Summary $79,670 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,450$39,022
I-9 Program service revenuePrior year $110,669$10,881
I-10 Investment incomePrior year $220$1,708
I-11 Other revenuePrior year $73,153$28,059
I-12 Total revenuePrior year $190,492$79,670
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $19,919$49
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $63,914$84,903
I-18 Total expensesPrior year $83,833$84,952
I-19 Revenue less expensesPrior year $106,659−$5,282
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $79,670 across 6 lines filed
Lines not itemized here account for $28,059 of total revenue; see the IRS return.
VIII-1b Membership dues$5,280
VIII-1f All other contributions, gifts and grants$33,742
VIII-1h Total contributions, gifts and grants$39,022
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$10,881
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$1,708
VIII-12 Total revenueRelated to mission $12,589 · Unrelated business $28,059 · Excluded from tax $0$79,670
Part IX · Statement of functional expenses $84,952 across 9 lines filed
IX-10 Payroll taxesPrograms $49 · Management $0 · Fundraising $0$49
IX-11c Accounting feesPrograms $357 · Management $0 · Fundraising $0$357
IX-12 Advertising and promotionPrograms $2,246 · Management $0 · Fundraising $0$2,246
IX-13 Office expensesPrograms $1,411 · Management $0 · Fundraising $0$1,411
IX-16 OccupancyPrograms $22,930 · Management $0 · Fundraising $0$22,930
IX-19 Conferences, conventions and meetingsPrograms $1,465 · Management $0 · Fundraising $0$1,465
IX-23 InsurancePrograms $6,300 · Management $0 · Fundraising $0$6,300
IX-24 Other expenses (24a–d)Programs $6,562 · Management $0 · Fundraising $0$6,562
IX-24e All other expensesPrograms $43,632 · Management $0 · Fundraising $0$43,632
IX-25 Total functional expensesPrograms $84,952 · Management $0 · Fundraising $0$84,952
Part X · Balance sheet $455,677 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $46,040$64,250
X-2 Savings and temporary cash investmentsStart of year $87,429$78,522
X-4 Accounts receivableStart of year $60$3,868
X-9 Prepaid expenses and deferred chargesStart of year $2,930$2,863
X-10c Land, buildings and equipment, netStart of year $306,174$306,174
X-16 Total assetsStart of year $442,633$455,677
X-25 Other liabilitiesStart of year $2,050$1,463
X-26 Total liabilitiesStart of year $2,050$1,463
X-27 Net assets without donor restrictionsStart of year $440,583$454,214
X-32 Total net assets or fund balancesStart of year $440,583$454,214
X-33 Total liabilities and net assetsStart of year $442,633$455,677
Part XI · Reconciliation of net assets $454,214 net assets at year end
XI-1 Total revenue$79,670
XI-2 Total expenses$84,952
XI-3 Revenue less expenses−$5,282
XI-4 Net assets at start of year$440,583
XI-9 Other changes in net assets$18,913
XI-10 Net assets at end of year$454,214

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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