First Cavalry Division Association FY2020 filing

Tax-deductible

Copperas Cove, TX501(c)(19)EIN 85-0199197Revenue $323K in FY2020

On file with the IRS1cda.org302 N Main St, 76522-1703 · Copperas Cove, TXTax-exempt since Jan 1976

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Veteran support

501(c)(19) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
4 of 5
filings with a surplus
Average surplus $41K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$66K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$323K
Spent
$319K
To programs
97%
Net assets
$2.5M
By yearFY2020–FY2024
Revenue
$323K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$323K
FY2021$440K
FY2022$571K
FY2023$626K
FY2024$655K
Expenses
$319K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$319K
FY2021$457K
FY2022$436K
FY2023$604K
FY2024$594K
Net assets
$2.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$2.5M
FY2022$2.6M
FY2023$2.6M
FY2024$2.7M

From the FY2020 Form 990 · see the original

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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

97 cents of each dollar spent went to programs.

Program services 97% · $311K Management & general 3% · $9K

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

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
Exec Directo
$0Pt VII · Sec A
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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

First Cavalry Division Association is a member-serving organization based in Copperas Cove, TX.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

The first cavalry division association brings veterans of first cavalry division association together through correspondence, publicity, local chartered activieis and annual reunions. It also provides support to personnel actively serving in the first cavalry division.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$323K
Ln 12
Investment incomeLn 3$182K
Gifts and grantsLn 1h$109K
Fees for servicesLn 2g$32K
Money outPt IX
$319K
Ln 25
Programscol B$311K
Managementcol C$9K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$2.6M
LiabilitiesLn 26$66K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$109K
Fees for servicesLn 2g$32K
Investment incomeLn 3$182K
Gains on assetsLn 7−$5K
Total revenueLn 12$323K
Assets in detailPt X, end of year
CashLn 1$75K
Cash and savings togetherLn 1–2$75K
Land, buildings, equipmentLn 10c$34K
Other assetsLn 15$2.4M
Total assetsLn 16$2.6M
LiabilitiesLn 26$66K
Net assetsLn 32$2.5M
OperationsPt I, VI
EmployeesI 53
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 FY20End FY20
Cash and savingsLn 1–2$47K$75K
Land, buildings, equipmentLn 10c$36K$34K
Total assetsLn 16$2.5M$2.6M
LiabilitiesLn 26$48K$66K
Net assetsLn 32$2.5M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$118K$118K
Payroll taxesLn 10$9K$9K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$811$811
Office expensesLn 13$34K$34K
OccupancyLn 16$9K$9K
TravelLn 17$6K$6K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$113K$113K
All other expensesLn 24e$18K$13K$5K
Total functional expensesLn 25$319K$311K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $655K$594K$61K$2.7M 990 PDF
FY2023 $626K$604K$22K$2.6M 990 PDF
FY2022 $571K$436K$135K$2.6M 990 PDF
FY2021 $440K$457K−$17K$2.5M 990 PDF
FY2020 Viewing $323K$319K$4K$2.5M 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 FY2020 990 (6 parts)
Part I · Summary $323,233 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $142,100$109,236
I-9 Program service revenuePrior year $32,478$32,454
I-10 Investment incomePrior year $267,590$181,543
I-11 Other revenuePrior year $155$0
I-12 Total revenuePrior year $442,323$323,233
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $128,001$0
I-15 Salaries and benefitsPrior year $120,565$127,321
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $155,704$191,755
I-18 Total expensesPrior year $404,270$319,076
I-19 Revenue less expensesPrior year $38,053$4,157
Part VI · Governance 15 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $323,233 across 7 lines filed
VIII-1b Membership dues$5,637
VIII-1f All other contributions, gifts and grants$103,599
VIII-1h Total contributions, gifts and grants$109,236
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $32,454$32,454
VIII-3 Investment incomeRelated to mission $186,826$186,826
VIII-7 Net gain or loss on sales of assetsRelated to mission −$5,283−$5,283
VIII-12 Total revenueRelated to mission $181,543 · Excluded from tax $32,454$323,233
Part IX · Statement of functional expenses $319,076 across 11 lines filed
IX-7 Other salaries and wagesPrograms $117,839$117,839
IX-10 Payroll taxesPrograms $9,482$9,482
IX-11c Accounting feesManagement $3,300$3,300
IX-12 Advertising and promotionPrograms $811$811
IX-13 Office expensesPrograms $33,931$33,931
IX-16 OccupancyPrograms $8,895$8,895
IX-17 TravelPrograms $5,542$5,542
IX-22 Depreciation, depletion and amortizationPrograms $2,408$2,408
IX-23 InsurancePrograms $5,910$5,910
IX-24 Other expenses (24a–d)Programs $112,955$112,955
IX-24e All other expensesPrograms $12,745 · Management $5,258$18,003
IX-25 Total functional expensesPrograms $310,518 · Management $8,558 · Fundraising $0$319,076
Part X · Balance sheet $2,569,431 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $47,445$74,736
X-3 Pledges and grants receivableStart of year $7,984$7,984
X-8 Inventories for sale or useStart of year $12,633$29,122
X-10c Land, buildings and equipment, netStart of year $36,289$33,879
X-15 Other assetsStart of year $2,443,400$2,423,710
X-16 Total assetsStart of year $2,547,751$2,569,431
X-17 Accounts payable and accrued expensesStart of year $37,355$40,355
X-19 Deferred revenueStart of year $11,007$25,500
X-25 Other liabilities$31
X-26 Total liabilitiesStart of year $48,362$65,886
X-32 Total net assets or fund balancesStart of year $2,499,389$2,503,545
X-33 Total liabilities and net assetsStart of year $2,547,751$2,569,431
Part XI · Reconciliation of net assets $2,503,545 net assets at year end
XI-1 Total revenue$323,233
XI-2 Total expenses$319,076
XI-3 Revenue less expenses$4,157
XI-4 Net assets at start of year$2,499,389
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$2,503,545

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

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