8 Man-O-War Post

EIN 61-0269018 Mutual-benefit / member-serving Lexington, KY NTEE W30
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Revenue & expenses by yearFY2020–FY2024
Revenue
$143K
FY2024▼ -28%
Expenses
$142K
FY2024▼ -28%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Defends the Constitution, promotes Americanism, and preserves war memories while fostering civic duty. For fiscal year 2024 it reported $143K in revenue, $142K in expenses, and $547K in net assets.Pt I

Type
Mutual-benefit / member-serving · Public & Societal Benefit
Location
Lexington, KY
Filings
5 on file (2020–2024)
Revenue
$143KFY2024
Expenses
$142K
Net assets
$547K
People
8
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Provided by the organization

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Size
$100K–1M
What they do
Defends the Constitution, promotes Americanism, and preserves war memories while fostering civic duty.
Leadership
David King · Chairman
Money in and out
$143K revenue, $142K expenses
Bottom line
+1.0% surplus margin

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Spent on programs?

critical 25% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↓ -28% vs prior year Details →

Not in filings yet: foundation funders

Reported financial activity · FY2024
Total revenue
$143K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$547K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1K
Where spending went · Part IX cols B–D
Program services $0.25 Management & general $0.75
Surplus margin
+1.0%
revenue over expenses, this year
Program spending
25%
of expenses reach programs▲ ×26 vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$553K
FY2024▲ +12%
Total liabilities
$5K
FY2024▼ -99%
Revenue less expensesPt I · Ln 19$1K
Total assetsPt X · Ln 16$553K
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item C8 Man-O-War Post
EINHdr · item D61-0269018
Principal addressHdr · item CLexington, KY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(19) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W30)
Ruling yearIRS BMFMar 1946

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sterling Hanley’s $22K as Bartender/Manag is at the 19th percentile of top reported officer pay among 1044 $100K–1M 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 · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Sterling Hanley$21,691$22,467$24,842$15,742
Tammy Underwood$6,679$15,279$2,568—
Nicole Bryan$10,034—$11,896$7,284
Bonita Marise$9,634$5,629——
Nina Granger———$8,000
Karl Burgess$7,942$7,085$6,760$4,160
Gayla Clark$3,069$3,695$6,550—
Brandy D Arnold———$1,865

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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Mission & Programs · Part III

Where the work happens

2 program services account for $15K of program spending, described in the organization's own filed words · FY2024.
01

Honor Guard

$9Kprogram expense
02

Other Veteran Services

$7Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$84K · 58%
Contributions & grants$26K · 18%
Program service revenue$21K · 15%
Investment income$12K · 9%
Other revenue58%$84K
Contributions & grants18%$26K
Program service revenue15%$21K
Investment income9%$12K
Total revenueLn 12$143K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.75
Program services25%$35K
Management & general75%$107K
Total functional expensesLn 25$142K

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$553K
Total liabilitiesLn 26$5K
Total net assetsLn 32$547K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $105K · Operating expenses/yr $142K
8.9 months
Where the money goes
Program services
Program services $35K · Total expenses $142K
25%
Management & General
Management & general $107K · Total expenses $142K
75%
Fundraising
Fundraising $0 · Total expenses $142K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $143K
18%
Government reliance
Government grants — · Total revenue $143K
—
Earned-income share
Program service revenue $21K · Total revenue $143K
15%
Investment reliance
Investment income $12K · Total revenue $143K
+9%
Program self-sufficiency
Program service revenue $21K · Total expenses $142K
15%
Growth & trend
Revenue growth (YoY)
This year $143K · Prior year $198K
-28%
Revenue CAGR
FY2020 $110K · FY2024 $143K
+7%
Net-asset trend (YoY)
End of year $547K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $143K · Expenses $142K
+1.0%
Liabilities-to-Assets
Total liabilities — · Total assets $553K
—
Net-asset ratio
Net assets $547K · Total assets $553K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $60K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $553K
11%
People & payroll
Highest Reported Total Compensation
Individual David King · Reported title Chairman · Highest reported compensation $0 · Total expenses $142K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $59K · Total expenses $142K
41%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 25%——
Overhead ratio 75%——
Fundraising cost ratio 0%——
Revenue growth -28%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.1%——
Fundraising fee ratio 0%——

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$143K revenue · viewing · ⤓ 990 PDF
FY2023$198K revenue · ⤓ 990 PDF
FY2022$256K revenue · ⤓ 990 PDF
FY2021$226K revenue · ⤓ 990 PDF
FY2020$110K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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