Veterans R & R

Tax-deductible

Bull Valley, IL501(c)(3)Public & Societal BenefitEIN 46-4862218Revenue $452K in FY2024

On file with the IRSveteransrandr.org605 South Valley Hill Road, 60098-7807 · Bull Valley, ILTax-exempt since Aug 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Veterans RR work to engage Veterans and active duty military in an active community whre trust and relationships are built, and to be a bridge that helps connect those we serve with other great organizations.

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

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 3
filings with a surplus
Average surplus $27K a year · 8% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $26K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$68K
65% of total assets
Fine: liabilities are 65% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$452K
+58% vs prior year
Spent
$372K
To programs
100%
Net assets
$37K
By yearFY2020–FY2024
Revenue
$452K
FY2024▲ +58%
Tap a bar for its year
Revenue by fiscal year
FY2020$99K
FY2021$127K
FY2022$240K
FY2023$286K
FY2024$452K
Expenses
$372K
FY2024▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$213K
FY2023$314K
FY2024$372K
Net assets
$37K
FY2024▲ +188%
Tap a bar for its year
Net assets by fiscal year
FY2020−$24K
FY2021−$40K
FY2022−$15K
FY2023−$43K
FY2024$37K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.

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% · $372K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Legal Council
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Veterans R & R executive salaries →

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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 military with community, trust, and other support organizations.

Questions for Veterans R & R

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Provided by the organization

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2 programs · $372K · in their own filed words · FY2024
01

In 2017 Veterans R R formed the operation Wild Horse program as a way for veterans and military family members to experience the incredible healing power of the Wild American Mustang. OWH provides education training in the areas such as but not limited to basic horsemenship, horse health care, basic riding skills, herd dynamics…

$369Kprogram expense
02

In 2014 Veterans R R formed the R R outdoors program as a way to engage veterans, provide an opportunity to tke part in fun outdoor activities, spend time with peers and friends and learn about other ways that Veterans R R can serve them.

$3Kprogram 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 · FY2024
Total grants receivedfrom 4 funders$26K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$452K
Ln 12
Gifts and grantsLn 1h$452K
Money outPt IX
$372K
Ln 25
Programscol B$372K
Owns and owesPt X
$37K
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$105K
LiabilitiesLn 26$68K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$452K
Total revenueLn 12$452K
Assets in detailPt X, end of year
CashLn 1$101K
Cash and savings togetherLn 1–2$101K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$105K
LiabilitiesLn 26$68K
Net assetsLn 32$37K
OperationsPt I, VI
EmployeesI 50
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$19K$101K
Land, buildings, equipmentLn 10c$5K$3K
Total assetsLn 16$25K$105K
LiabilitiesLn 26$68K$68K
Net assetsLn 32−$43K$37K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
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$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$510$510
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$540$540
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$519$519
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$3K$3K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$360K$360K
All other expensesLn 24e$200$200
Total functional expensesLn 25$372K$372K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $452K$372K$80K$37K 990 PDF
FY2023 $286K$314K−$28K−$43K 990 PDF
FY2022 $240K$213K$27K−$15K 990 PDF
FY2021 $127K−$40K 990 PDF
FY2020 $99K−$24K 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 $452,384 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $286,109$452,384
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $286,109$452,384
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $313,765$372,272
I-18 Total expensesPrior year $313,765$372,272
I-19 Revenue less expensesPrior year −$27,656$80,112
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $452,384 across 3 lines filed
VIII-1f All other contributions, gifts and grants$452,384
VIII-1h Total contributions, gifts and grants$452,384
VIII-12 Total revenue$452,384
Part IX · Statement of functional expenses $372,272 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
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$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $510$510
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $2,711$2,711
IX-13 Office expensesPrograms $540$540
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $519$519
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $3,312$3,312
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,351$1,351
IX-23 InsurancePrograms $2,992$2,992
IX-24 Other expenses (24a–d)Programs $360,137$360,137
IX-24e All other expensesPrograms $200$200
IX-25 Total functional expensesPrograms $372,272 · Management $0 · Fundraising $0$372,272
Part X · Balance sheet $105,452 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $19,474$100,938
X-8 Inventories for sale or useStart of year $1,136$1,135
X-10c Land, buildings and equipment, netStart of year $4,730$3,379
X-16 Total assetsStart of year $25,340$105,452
X-24 Unsecured notes and loans payableStart of year $68,032$68,032
X-26 Total liabilitiesStart of year $68,032$68,032
X-32 Total net assets or fund balancesStart of year −$42,692$37,420
X-33 Total liabilities and net assetsStart of year $25,340$105,452
Part XI · Reconciliation of net assets $37,420 net assets at year end
XI-1 Total revenue$452,384
XI-2 Total expenses$372,272
XI-3 Revenue less expenses$80,112
XI-4 Net assets at start of year−$42,692
XI-10 Net assets at end of year$37,420

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

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