Montgomery County Veterans Coalition
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$61,000.00
Projected Expenses
$58,866.00
Organizational Budgets and Other Documents
Projected Budget | 2024 |
2023 Revised Budget | 2023 |
MCVC Budget | 2022 |
Projected Budget | 2021 |
IRS Letter of Exemption
IRS Letter of Determination | 2016 |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Revenue | $96,832.00 | $83,595.00 | $87,919.00 |
Total Expenses | $104,551.00 | $101,525.00 | $71,232.00 |
Revenue Less Expenses | ($7,719.00) | ($17,930.00) | $16,687.00 |
Revenue Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Foundation and Corporation Contributions | $60,000.00 | $60,388.00 | $52,899.00 |
Government - Federal | $0.00 | $0.00 | $0.00 |
Government - State | $0.00 | $0.00 | $0.00 |
Government - Local | $0.00 | $0.00 | $0.00 |
Government - Unspecified | $0.00 | $0.00 | $0.00 |
Contributions, Gifts, and Grants | $9,571.00 | $8,148.00 | $6,423.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $0.00 | $0.00 | $0.00 |
Investment Income, Net of Losses | $134.00 | $101.00 | $45.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $27,127.00 | $14,958.00 | $28,552.00 |
Revenue In-Kind | $0.00 | $0.00 | $0.00 |
Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Program Expense | $67,708.00 | $46,476.00 | $1,037.00 |
Administration Expense | $36,843.00 | $55,049.00 | $70,195.00 |
Fundraising Expense | $0.00 | $0.00 | $0.00 |
Total Revenue/Total Expenses | 93% | 82% | 123% |
Program Expense/Total Expenses | 65% | 46% | 1% |
Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Top Funding Source & Dollar Amount | Foundation and Corporations $60,000.00 | Foundation and Corporations $60,388.00 | Foundation and Corporations $52,899.00 |
Second Highest Funding Source & Dollar Amount | Fundraising Events $27,127.00 | Fundraising Events $14,958.00 | Fundraising Events $28,552.00 |
Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $9,571.00 | Contributions, Gifts, and Grants $8,148.00 | Contributions, Gifts, and Grants $6,423.00 |
Assets and Liabilities
Fiscal Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total Assets | $32,311.00 | $37,543.00 | $50,046.00 |
Current Assets | $31,411.00 | $36,643.00 | $50,046.00 |
Long-Term Liabilities | $13,989.00 | $11,502.00 | $0.00 |
Current Liabilities | $0.00 | $0.00 | $6,075.00 |
Total Net Assets | $18,322.00 | $26,041.00 | $43,971.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
IRS Form 990 | 2023 |
2022 Tax Return, Montgomery County Veterans Coalition | 2022 |
Form 990EZ | 2021 |
Form 990N | 2020 |
Form 990N | 2019 |
Form 990N | 2018 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
In 2021, financial data compiled from Form 990EZ. Schedule B removed to protect donor privacy. Form 990EZ completed by Stone, Rudolph & Henry, PLC. Prior to this, this organization filed a 990-N form with the IRS, which does not provide specific financial information. Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. Comments provided by Hayley Sulfridge 10/25/24. |