Fl-0021 EIN 65-0510521

Fl-0021 FY2023 filing

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Helps veterans and their communities thrive through support and resources. For fiscal year 2023 it reported $235K in revenue, $202K in expenses, and $341K in net assets.Pt I

Type
Mutual-benefit / member-serving · Nonprofit
Location
Sebring, FL
Filings
5 on file (2020–2023)
Revenue
$235KFY2023
Expenses
$202K
Net assets
$341K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  65-0510521 Mutual-benefit / member-serving Sebring, FL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Helps veterans and their communities thrive through support and resources.
Leadership
Sally Bumgarner · Commander
Money in and out
$235K revenue, $202K expenses
Bottom line
+14% surplus margin
Reported financial activity · FY2023
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Surplus margin
+14%
revenue over expenses, this year
Program spending
56%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$235K
FY2023▲ +11%
Expenses
$202K
FY2023▲ +31%
Total assets
$451K
FY2023▲ +0.9%
Total liabilities
$109K
FY2023▼ -11%
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$202K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$451K
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2023.
01

Provides and maintains a facility to host social and recreational activities for members. Daily, the lounge offers a place for social interaction and twice weekly there are planned activities. The organization also sponsors several major events for its members.

Pt IX · col B
02

Creates programs to commemorate departed veterans, those currently serving in the united states armed forces, and to provide assistance and comfort to their families and survivors.

Pt IX · col B
03

Provides grants and donations to other non-profit organizations.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFl-0021
EINHdr · item D65-0510521
Principal addressHdr · item CSebring, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(19) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1945

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Provost Mars
$0Pt VII · Sec A
$0Pt VII · Sec A
1st Vice Com
$0Pt VII · Sec A
2nd Vice Com
$0Pt VII · Sec A
Finance Offi
$0Pt VII · Sec A
Judge Advoca
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$207K · 88%
Contributions & grants$28K · 12%
Other revenue88%$207K
Contributions & grants12%$28K
Investment income$55
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$113K
Management & general44%$89K
Total functional expensesLn 25$202K

Balance Sheet

Part X · end of year
CashLn 1$127K
Total assetsLn 16$451K
Total liabilitiesLn 26$109K
Total net assetsLn 32$341K
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $127K · Operating expenses/yr $202K
7.6 months
Where the money goes
Program services
Program services $113K · Total expenses $202K
56%
Management & General
Management & general $89K · Total expenses $202K
44%
Fundraising
Fundraising $0 · Total expenses $202K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $29K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $28K · Total revenue $235K
12%
Government reliance
Government grants — · Total revenue $235K
Earned-income share
Program service revenue $0 · Total revenue $235K
0%
Investment reliance
Investment income $55 · Total revenue $235K
+0.02%
Program self-sufficiency
Program service revenue $0 · Total expenses $202K
0%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $212K
+11%
Net-asset trend (YoY)
End of year $341K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $202K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $451K
Net-asset ratio
Net assets $341K · Total assets $451K
76%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $451K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sally Bumgarner · Reported title COMMANDER · Highest reported compensation $0 · Total expenses $202K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $202K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0%
Revenue growth 11%
Accounting fee ratio 0.5%

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.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $54K · 2023–2024

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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)$269K revenue · ⤓ 990 PDF
FY2023$235K revenue · viewing · ⤓ 990 PDF
FY2022$212K revenue · ⤓ 990 PDF
FY2021$179K revenue · ⤓ 990 PDF
FY2020$107K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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