First Cavalry Division Association FY2021 filing

Tax-deductible

Copperas Cove, TX501(c)(19)EIN 85-0199197Revenue $440K in FY2021

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.
90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$58K
2% of total assets
Looks good: liabilities are 2% 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
$440K
+36% vs prior year
Spent
$457K
To programs
90%
Net assets
$2.5M
By yearFY2020–FY2024
Revenue
$440K
FY2021▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2020$323K
FY2021$440K
FY2022$571K
FY2023$626K
FY2024$655K
Expenses
$457K
FY2021▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020$319K
FY2021$457K
FY2022$436K
FY2023$604K
FY2024$594K
Net assets
$2.5M
FY2021▼ -0.7%
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 FY2021 Form 990 · see the original

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You’re viewing the FY2021 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

90 cents of each dollar spent went to programs.

Program services 90% · $412K Management & general 10% · $44K

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
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

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 · FY2021
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 FY2021 990, line by line.

1The main four
Money inPt VIII
$440K
Ln 12
Gifts and grantsLn 1h$178K
Investment incomeLn 3$133K
Other incomeLn 4–11$129K
Money outPt IX
$457K
Ln 25
Programscol B$412K
Managementcol C$44K
Owns and owesPt X
$2.5M
net assets · Ln 32
Cash and savingsLn 1–2$203K
Total assetsLn 16$2.5M
LiabilitiesLn 26$58K
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$178K
Investment incomeLn 3$133K
Other incomeLn 4–11$129K
Gains on assetsLn 7$3K
Total revenueLn 12$440K
Assets in detailPt X, end of year
CashLn 1$203K
Cash and savings togetherLn 1–2$203K
Land, buildings, equipmentLn 10c$32K
Other assetsLn 15$2.3M
Total assetsLn 16$2.5M
LiabilitiesLn 26$58K
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 FY21End FY21
Cash and savingsLn 1–2$75K$203K
Land, buildings, equipmentLn 10c$34K$32K
Total assetsLn 16$2.6M$2.5M
LiabilitiesLn 26$66K$58K
Net assetsLn 32$2.5M$2.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$125K$125K
Payroll taxesLn 10$10K$10K
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$793$793
Office expensesLn 13$38K$38K
OccupancyLn 16$13K$13K
TravelLn 17$7K$7K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$203K$172K$32K
All other expensesLn 24e$48K$41K$7K
Total functional expensesLn 25$457K$412K$44K$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 Viewing $440K$457K−$17K$2.5M 990 PDF
FY2020 $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 FY2021 990 (6 parts)
Part I · Summary $439,955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $109,236$177,811
I-9 Program service revenuePrior year $32,454$0
I-10 Investment incomePrior year $181,543$133,437
I-11 Other revenue$128,707
I-12 Total revenuePrior year $323,233$439,955
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $127,321$135,098
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $191,755$321,462
I-18 Total expensesPrior year $319,076$456,560
I-19 Revenue less expensesPrior year $4,157−$16,605
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 $439,955 across 7 lines filed
Lines not itemized here account for $28,330 of total revenue; see the IRS return.
VIII-1b Membership dues$4,939
VIII-1f All other contributions, gifts and grants$172,872
VIII-1h Total contributions, gifts and grants$177,811
VIII-3 Investment incomeRelated to mission $130,899$130,899
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,538$2,538
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $100,377$100,377
VIII-12 Total revenueRelated to mission $262,144$439,955
Part IX · Statement of functional expenses $456,560 across 11 lines filed
IX-7 Other salaries and wagesPrograms $125,338$125,338
IX-10 Payroll taxesPrograms $9,760$9,760
IX-11c Accounting feesManagement $5,630$5,630
IX-12 Advertising and promotionPrograms $793$793
IX-13 Office expensesPrograms $37,591$37,591
IX-16 OccupancyPrograms $12,853$12,853
IX-17 TravelPrograms $6,556$6,556
IX-22 Depreciation, depletion and amortizationPrograms $2,055$2,055
IX-23 InsurancePrograms $5,327$5,327
IX-24 Other expenses (24a–d)Programs $171,573 · Management $31,572$203,145
IX-24e All other expensesPrograms $40,501 · Management $7,011$47,512
IX-25 Total functional expensesPrograms $412,347 · Management $44,213 · Fundraising $0$456,560
Part X · Balance sheet $2,544,667 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $74,736$202,974
X-4 Accounts receivableStart of year $7,984$8,084
X-8 Inventories for sale or useStart of year $29,122$19,283
X-10c Land, buildings and equipment, netStart of year $33,879$31,825
X-15 Other assetsStart of year $2,423,710$2,282,501
X-16 Total assetsStart of year $2,569,431$2,544,667
X-17 Accounts payable and accrued expensesStart of year $40,355$43,355
X-19 Deferred revenueStart of year $25,500$14,372
X-26 Total liabilitiesStart of year $65,886$57,727
X-32 Total net assets or fund balancesStart of year $2,503,545$2,486,940
X-33 Total liabilities and net assetsStart of year $2,569,431$2,544,667
Part XI · Reconciliation of net assets $2,486,940 net assets at year end
XI-1 Total revenue$439,955
XI-2 Total expenses$456,560
XI-3 Revenue less expenses−$16,605
XI-4 Net assets at start of year$2,503,545
XI-10 Net assets at end of year$2,486,940

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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