Senior Veterans INC

Tax-deductible

Colorado Spgs, CO501(c)(3)Human ServicesEIN 45-4128580Revenue $214K in FY2024

On file with the IRS1302 Lazy Ln, 80906-2467 · Colorado Spgs, COTax-exempt since Mar 2012Publicly supported charity — 170(b)(1)(A)(vi)

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To assist Senior Veterans and widows in obtaining the vas non-service connected pension aka aid and attendance.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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 4
filings with a surplus
Average deficit $2K a year · 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 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
$50K
to officers and key staff · 24% of spending
Top officer’s pay lower than 62% of similar orgs
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $414
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$50K
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$214K
-3% vs prior year
Spent
$215K
To programs
100%
Net assets
$84K
By yearFY2021–FY2024
Revenue
$214K
FY2024▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2021$117K
FY2022$162K
FY2023$221K
FY2024$214K
Expenses
$215K
FY2024▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2021$152K
FY2022$159K
FY2023$197K
FY2024$215K
Net assets
$84K
FY2024▼ -0.9%
Tap a bar for its year
Net assets by fiscal year
FY2021$64K
FY2022$66K
FY2023$85K
FY2024$84K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2012.

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% · $215K

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; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/President
$50,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

David Bolser’s $50K as CEO/President is at the 38th percentile of top reported officer pay among 2168 $100K–1M human services 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

NameFY2024FY2023FY2022
David Bolser$50,500$45,000$37,100

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

Helps senior veterans and widows get VA Aid and Attendance pension benefits.

Questions for Senior Veterans INC

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Provided by the organization

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1 program · $215K · in their own filed words · FY2024
01

Provided senior veterans a web site that determines their eligibility and provides them with updated va forms and complete instructions as to how to obtain little known va benefits. Additionally, provided 24/7 assistance for senior veterans as well as their families for the life of the claim.

$215Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$414

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$214K
Ln 12
Gifts and grantsLn 1h$214K
Money outPt IX
$215K
Ln 25
Programscol B$215K
Owns and owesPt X
$84K
net assets · Ln 32
Cash and savingsLn 1–2$135K
Total assetsLn 16$135K
LiabilitiesLn 26$50K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$214K
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$135K
Cash and savings togetherLn 1–2$135K
Total assetsLn 16$135K
LiabilitiesLn 26$50K
Net assetsLn 32$84K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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$135K$135K
Total assetsLn 16$135K$135K
LiabilitiesLn 26$50K$50K
Net assetsLn 32$85K$84K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$32K$32K
Other salaries and wagesLn 7$114K$114K
Payroll taxesLn 10$9K$9K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$27K$27K
TravelLn 17$6K$6K
InterestLn 20$13K$13K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$215K$215K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $214K$215K−$611$84K 990 PDF
FY2023 $221K$197K$24K$85K 990 PDF
FY2022 $162K$159K$3K$66K 990 PDF
FY2021 $117K$152K−$35K$64K 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 $213,990 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $220,796$213,990
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $220,796$213,990
I-13 Grants and similar amounts paidPrior year $31,297$32,039
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $95,896$122,797
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $69,338$59,765
I-18 Total expensesPrior year $196,531$214,601
I-19 Revenue less expensesPrior year $24,265−$611
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
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 $213,990 across 3 lines filed
VIII-1f All other contributions, gifts and grants$213,990
VIII-1h Total contributions, gifts and grants$213,990
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$213,990
Part IX · Statement of functional expenses $214,601 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $32,039$32,039
IX-7 Other salaries and wagesPrograms $113,571$113,571
IX-10 Payroll taxesPrograms $9,226$9,226
IX-11c Accounting feesPrograms $2,200$2,200
IX-12 Advertising and promotionPrograms $6,409$6,409
IX-13 Office expensesPrograms $27,353$27,353
IX-17 TravelPrograms $6,305$6,305
IX-20 InterestPrograms $12,641$12,641
IX-24 Other expenses (24a–d)Programs $4,857$4,857
IX-25 Total functional expensesPrograms $214,601 · Management $0 · Fundraising $0$214,601
Part X · Balance sheet $134,676 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $135,219$134,676
X-16 Total assetsStart of year $135,219$134,676
X-24 Unsecured notes and loans payableStart of year $50,151$50,358
X-26 Total liabilitiesStart of year $50,151$50,358
X-32 Total net assets or fund balancesStart of year $85,068$84,318
X-33 Total liabilities and net assetsStart of year $135,219$134,676
Part XI · Reconciliation of net assets $84,318 net assets at year end
XI-1 Total revenue$213,990
XI-2 Total expenses$214,601
XI-3 Revenue less expenses−$611
XI-4 Net assets at start of year$85,068
XI-9 Other changes in net assets−$139
XI-10 Net assets at end of year$84,318

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

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