Final Salute Incorporated FY2020 filing

Tax-deductible

Haymarket, VA501(c)(3)HousingEIN 80-0660380Revenue $491K in FY2020

On file with the IRSfinalsaluteinc.orgPo Box 156, 20168-0156 · Haymarket, VATax-exempt since Jan 2011Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Provide transitional housing for homeless female veterans and their childern.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$115K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
3 of 5
filings with a surplus
Average deficit $14K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$115K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $42K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$221K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$491K
Spent
$475K
To programs
87%
Net assets
$557K
By yearFY2020–FY2024
Revenue
$491K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$491K
FY2021$394K
FY2022$397K
FY2023$378K
FY2024$554K
Expenses
$475K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$475K
FY2021$523K
FY2022$517K
FY2023$363K
FY2024$404K
Net assets
$557K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$557K
FY2021$427K
FY2022$308K
FY2023$323K
FY2024$472K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 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 2011.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $413K Management & general 13% · $63K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990; $115K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$93,079Pt VII · Sec A
President
$21,875Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Marry Ann Cannon’s $52K as Executive Director is at the 42nd percentile of top reported officer pay among 852 $100K–1M housing 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 · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Robert Steere$26,812$81,913$93,079
Marry Ann Cannon$52,500——
Jaspen Boothe—$18,750$21,875

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.

See Final Salute Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aYes

Programs and updates

Offers safe housing and support for homeless women veterans and their children.

Questions for Final Salute Incorporated

Tap to ask. Final Salute Incorporated sees how many people are interested.

Your first name shows with your question. Final Salute Incorporated answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $361K · in their own filed words · FY2020
01

The S.A.F.E. Program provides valuable financial educational resources on saving, budgeting, and living on a fixed income. S.A.F.E. Provides emergency financial support by assisting with past due rent, security deposits, and utility assistance. Residents of our H.O.M.E.

$354Kprogram expense
02

The next uniform program provides support for women veterans and military women in transition to the civilian workforce. We provide free of charge: professional business attire, dress shoes, accessories, make-overs, image consulting, and professional headshots. During 2020, the program was postponed until 2021 per federal C.D.C.

$5Kprogram expense
03

The H.O.M.E. Program provides transitional housing, on-site case management, food, clothing, transportation, childcare SUBSIDY/ASSISTANCE, employment support, and other essential support services to homeless women veterans and their children.

$2Kprogram 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$42K
See all 4 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$491K
Ln 12
Gifts and grantsLn 1h$491K
Money outPt IX
$475K
Ln 25
Programscol B$413K
Managementcol C$63K
Owns and owesPt X
$557K
net assets · Ln 32
Cash and savingsLn 1–2$314K
Total assetsLn 16$778K
LiabilitiesLn 26$221K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$491K
Total revenueLn 12$491K
Assets in detailPt X, end of year
CashLn 1$314K
Cash and savings togetherLn 1–2$314K
Land, buildings, equipmentLn 10c$461K
Total assetsLn 16$778K
LiabilitiesLn 26$221K
Net assetsLn 32$557K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6135
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$272K$314K
Land, buildings, equipmentLn 10c$482K$461K
Total assetsLn 16$770K$778K
LiabilitiesLn 26$229K$221K
Net assetsLn 32$541K$557K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$122K$107K$15K
Payroll taxesLn 10$9K$8K$1K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$41K$41K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$27K$7K$20K
TravelLn 17$30K$30K
InterestLn 20$13K$13K
Depreciation, depletion and amortizationLn 22$21K$21K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$156K$151K$5K
All other expensesLn 24e$36K$24K$12K
Total functional expensesLn 25$475K$413K$63K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $554K$404K$149K$472K 990 PDF
FY2023 $378K$363K$14K$323K 990 PDF
FY2022 $397K$517K−$120K$308K 990 PDF
FY2021 $394K$523K−$129K$427K 990 PDF
FY2020 Viewing $491K$475K$16K$557K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $491,136 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $832,950$491,136
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $500$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $833,450$491,136
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $110,381$131,359
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $498,543$343,978
I-18 Total expensesPrior year $608,924$475,337
I-19 Revenue less expensesPrior year $224,526$15,799
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $491,136 across 3 lines filed
VIII-1f All other contributions, gifts and grants$491,136
VIII-1h Total contributions, gifts and grants$491,136
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$491,136
Part IX · Statement of functional expenses $475,337 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $107,173 · Management $15,053$122,226
IX-10 Payroll taxesPrograms $8,095 · Management $1,038$9,133
IX-11c Accounting feesManagement $9,748$9,748
IX-11g Other fees for servicesPrograms $40,674$40,674
IX-12 Advertising and promotionPrograms $8,913$8,913
IX-13 Office expensesPrograms $6,971 · Management $19,914$26,885
IX-17 TravelPrograms $29,597$29,597
IX-20 InterestPrograms $12,714$12,714
IX-22 Depreciation, depletion and amortizationPrograms $21,432$21,432
IX-23 InsurancePrograms $1,757$1,757
IX-24 Other expenses (24a–d)Programs $151,075 · Management $5,155$156,230
IX-24e All other expensesPrograms $24,252 · Management $11,776$36,028
IX-25 Total functional expensesPrograms $412,653 · Management $62,684 · Fundraising $0$475,337
Part X · Balance sheet $777,640 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $271,820$313,741
X-9 Prepaid expenses and deferred chargesStart of year $15,962$3,374
X-10c Land, buildings and equipment, netStart of year $481,957$460,525
X-16 Total assetsStart of year $769,739$777,640
X-17 Accounts payable and accrued expensesStart of year $5,569$1,339
X-25 Other liabilitiesStart of year $0$16,700
X-26 Total liabilitiesStart of year $228,747$220,848
X-32 Total net assets or fund balancesStart of year $540,992$556,792
X-33 Total liabilities and net assetsStart of year $769,739$777,640
Part XI · Reconciliation of net assets $556,792 net assets at year end
XI-1 Total revenue$491,136
XI-2 Total expenses$475,337
XI-3 Revenue less expenses$15,799
XI-4 Net assets at start of year$540,992
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$556,792

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.