First Cavalry Division Association FY2022 filing

Tax-deductible

Copperas Cove, TX501(c)(19)EIN 74-2045875

Scholarships and other programs as deemed necessary

501(c)(19) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(19)
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
1 of 5
filings with a surplus
Average deficit $17K a year · 9% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$179K
-42% vs prior year
Spent
$193K
To programs
98%
Net assets
$225K
By yearFY2020–FY2024
Revenue
$179K
FY2022▼ -42%
Revenue by fiscal year
FY2020$157K
FY2021$310K
FY2022$179K
FY2023$209K
FY2024$148K
Expenses
$193K
FY2022▼ -38%
Expenses by fiscal year
FY2020$205K
FY2021$310K
FY2022$193K
FY2023$200K
FY2024$182K
Net assets
$225K
FY2022▼ -6%
Net assets by fiscal year
FY2020$240K
FY2021$239K
FY2022$225K
FY2023$235K
FY2024$201K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $189K Management & general 2% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
2nd Vice Pre
$0Pt VII · Sec A
1st Vice Pre
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
3rd Vice Pre
$0Pt VII · Sec A
$0Pt VII · Sec A
See First Cavalry Division Association 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

Provides scholarships and other educational programs to support students.

Provided by the organization

This section is blank until First Cavalry Division Association claims this page.

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1 program service, described in the organization's own filed words · FY2022.
01

Income from the organization is given to 1ST cavalry division foundation. They in turn distribute money to military dependents in the for of scholorships.

Pt IX · col B

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By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$179K
Ln 12
Fees for servicesLn 2g$179K
Other incomeLn 4–11$459
Investment incomeLn 3$68
Money outPt IX
$193K
Ln 25
Programscol B$189K
Managementcol C$4K
Owns and owesPt X
$225K
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$231K
LiabilitiesLn 26$6K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$179K
Investment incomeLn 3$68
Other incomeLn 4–11$459
Total revenueLn 12$179K
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$46K
Cash and savings togetherLn 1–2$75K
Total assetsLn 16$231K
LiabilitiesLn 26$6K
Net assetsLn 32$225K
OperationsPt I, VI
EmployeesI 52
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 FY22End FY22
Cash and savingsLn 1–2$84K$75K
Total assetsLn 16$246K$231K
LiabilitiesLn 26$6K$6K
Net assetsLn 32$239K$225K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$3K$3K
Other salaries and wagesLn 7$51K$51K
Payroll taxesLn 10$4K$4K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$165$165
Office expensesLn 13$2K$2K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$126K$126K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$193K$189K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $148K$182K−$34K$201K 990 PDF
FY2023 $209K$200K$9K$235K 990 PDF
FY2022 Viewing $179K$193K−$14K$225K 990 PDF
FY2021 $310K$310K−$282$239K 990 PDF
FY2020 $157K$205K−$48K$240K 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $179,231 across 4 lines filed
Lines not itemized here account for $38 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $178,704$178,704
VIII-3 Investment incomeRelated to mission $68$68
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $421$421
VIII-12 Total revenueRelated to mission $68 · Excluded from tax $179,163$179,231
Part IX · Statement of functional expenses $193,025 across 9 lines filed
IX-4 Benefits paid to or for membersPrograms $3,000$3,000
IX-7 Other salaries and wagesPrograms $51,168$51,168
IX-10 Payroll taxesPrograms $4,054$4,054
IX-11c Accounting feesManagement $3,125$3,125
IX-12 Advertising and promotionManagement $165$165
IX-13 Office expensesPrograms $1,583$1,583
IX-23 InsuranceManagement $1,150$1,150
IX-24 Other expenses (24a–d)Programs $126,008$126,008
IX-24e All other expensesPrograms $2,772$2,772
IX-25 Total functional expensesPrograms $188,585 · Management $4,440 · Fundraising $0$193,025
Part X · Balance sheet $231,061 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $44,472$28,512
X-2 Savings and temporary cash investmentsStart of year $39,969$46,387
X-8 Inventories for sale or useStart of year $161,077$156,162
X-16 Total assetsStart of year $245,518$231,061
X-19 Deferred revenueStart of year $543$172
X-25 Other liabilitiesStart of year $5,707$5,416
X-26 Total liabilitiesStart of year $6,250$5,588
X-32 Total net assets or fund balancesStart of year $239,268$225,473
X-33 Total liabilities and net assetsStart of year $245,518$231,061
Part XI · Reconciliation of net assets $225,473 net assets at year end
XI-1 Total revenue$179,231
XI-2 Total expenses$193,025
XI-3 Revenue less expenses−$13,794
XI-4 Net assets at start of year$239,268
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$225,473

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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