0038 WV FY2021 filing

Falling Wtrs, WV · Mutual-benefit / member-serving

✓ Tax-deductible
Revenue
$78K
Spent
$219K
To programs
69%
Net assets
$0
By yearFY2021–FY2025
Revenue
$78K
FY2021
Revenue by fiscal year
FY2021$78K
FY2022$154K
FY2023$256K
FY2024$262K
FY2025$238K
Expenses
$219K
FY2021
Expenses by fiscal year
FY2021$219K
FY2022$188K
FY2023$193K
FY2024$241K
FY2025$236K
Net assets
$0
FY2021
Net assets by fiscal year
FY2021$0
FY2022$121K
FY2023$183K
FY2024$204K
FY2025$206K

From the FY2021 Form 990 (year ending August 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item C0038 WV
EINHdr · item D55-0682583
Exempt statusHdr · item I501(c)(19) · active
Ruling yearIRS BMFMay 1945
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CFalling Wtrs, WV
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.27 Fundraising $0.01
Program services69%$151K
Management & general27%$60K
Fundraising1%$3K
Total functional expensesLn 25$219K

Financial health

Is it on solid ground?

Surplus margin
-180%
revenue over expenses, this year
Program spending
69%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$0
FY2021
Total assets by fiscal year
FY2021$0
FY2022$124K
FY2023$187K
FY2024$208K
FY2025$211K
Total liabilities
$0
FY2021
Total liabilities by fiscal year
FY2021$0
FY2022$3K
FY2023$4K
FY2024$4K
FY2025$5K
Revenue less expensesPt I · Ln 19−$141K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 3390
Independent voting membersPt I · Ln 49

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Statement of Revenue

Part VIII
Other revenue$73K · 93%
Contributions & grants$5K · 7%
Other revenue93%$73K
Contributions & grants7%$5K
Total revenueLn 12$78K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $219K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $151K · Total expenses $219K
69%
Management & General
Management & general $60K · Total expenses $219K
27%
Fundraising
Fundraising $3K · Total expenses $219K
1%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $78K
7%
Government reliance
Government grants — · Total revenue $78K
—
Earned-income share
Program service revenue $0 · Total revenue $78K
0%
Investment reliance
Investment income $0 · Total revenue $78K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $219K
0%
Growth & trend
Revenue growth (YoY)
This year $78K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $78K · Expenses $219K
-180%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Donald Hughes · Reported title FINANCE OFFICER · Highest reported compensation $6K · Total expenses $219K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $146K · Total expenses $219K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 27%——
Fundraising cost ratio 58%——
Accounting fee ratio 2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Finance Officer
$5,540Pt VII · Sec A
1st Vice Commamder
$0Pt VII · Sec A
2nd Vice Commander
$0Pt VII · Sec A
$0Pt VII · Sec A
3yr Trustee
$0Pt VII · Sec A
2yr Trustee
$0Pt VII · Sec A
3rd Vice Commander
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021
Donald Hughes$21,000$20,400$16,800$10,650$5,540

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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Governance & Policies

Part VI
  • 390Voting board membersPt VI · Ln 1a
  • 9Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides housing, parties, and outings for veterans, donating to local hospital programs.

Provided by the organization

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $238K$236K-9% 990 PDF
FY2024 $262K$241K+2% 990 PDF
FY2023 $256K$193K+66% 990 PDF
FY2022 $154K$188K+98% 990 PDF
FY2021 Viewing $78K$219K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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