Lest We Forget Our Vets Inc in Portage, Michigan (MI)
Table of contents:
Lest We Forget Our Vets Inc | |
Employer Identification Number (EIN) | 412227957 |
Name of Organization | Lest We Forget Our Vets Inc |
In Care of Name | Thomas W Lane |
Address | 1819 Helen Ave, Portage, MI 49002-1615 |
Subsection | Educational Organization, Charitable Organization |
Ruling Date | 07/2007 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 12/2013 |
Assets | $1 to $9,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $1,403 |
Amount of Income | $25,389 |
Form 990 Revenue Amount | $18,868 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Commemorative Events |
Non-representatives - add comments:
Amount of income in 2013: $25,389 (it was $34,750 in 2012)
Lest We Forget Our Vets Inc: | $25,389 |
Other organizations performing similar types of work: | $44,299 |
Assets in 2013: $1,403 (it was $3,273 in 2012)
This organization: | $1,403 |
Other organizations performing similar types of work: | $23,000 |
Expenses in 2013: $16,983
This organization: | $16,983 |
Other organizations performing similar types of work: | $26,184 |
Income to expenses ratio in 2013: 1.5
Lest We Forget Our Vets Inc: | 1.5 |
Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 55.9%
Lest We Forget Our Vets Inc: | 55.9% |
Other organizations performing similar types of work: | 100.0% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $25,199 | $20,037 | $18,868 |
Contributions, gifts, grants, and similar amounts received | $13,685 | $10,043 | $10,544 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $11,184 | $7,984 | $5,289 |
Gross income from gaming | $26,929 | $21,969 | $9,784 |
Gross income from fundraising events | $0 | $0 | $0 |
Less: direct expenses from gaming and fundraising events | $15,745 | $13,985 | $4,495 |
Gross profit/loss from sales of inventory | $-561 | $-258 | $2,433 |
Gross sales of inventory, less returns and allowances | $877 | $470 | $4,459 |
Less: cost of goods sold | $1,438 | $728 | $2,026 |
Other revenue | $891 | $2,268 | $602 |
Total expenses | $20,794 | $21,595 | $16,983 |
Total net assets | $728 | $-830 | $1,055 |
Excess/Deficit for the year | $4,405 | $-1,558 | $1,885 |
Net assets or fund balances at beginning of year | $-3,677 | $728 | $-830 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $-830 | $1,055 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $4,605 | $3,273 | $1,403 |
Total liabilities | $3,877 | $4,103 | $357 |
Net assets or fund balances | $728 | $-830 | $1,055 |
Other Information | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | Yes | |
Total amount involved | $0 | $1,155 | |
Initiation fees and capital contributions | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $46,378 |
Subtotal Support | $46,378 |
Gifts, grants, contributions, and membership fees received | $46,378 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $109,898 |
Public Support | $46,378 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $63,520 |
Gross receipts from related activities, etc. | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Village Of Herkimer Bicentennial Commission Inc | PO BOX 163, Herkimer, NY 13350-0163 | NY | 2007-08 | $53,640 |
2 | Boom Boom Club | PO BOX 4033, Traverse City, MI 49685-4033 | MI | 2013-12 | $67,567 |
3 | 704tdb Wwii Reinactment Group Inc | 45699 Joseph St, Shelby Twp, MI 48317-4643 | MI | 2013-01 | $34,335 |
4 | Whitmore Lake 4th Of July Committee | Po Box 424, Whitmore Lake, MI 48189 | MI | 2008-11 | $18,754 |
5 | Saginaw County Veterans Memorial Plaza Inc | Po Box 1382 Po Box 1382, Saginaw, MI 48605 | MI | 2004-12 | $8,941 |
6 | 2nd Regiment Infantry Michigan Volu Nteers Reactivated | 1119 Lauire Ln, Davison, MI 48423 | MI | 2014-06 | $1,573 |
7 | 18th Michigan Volunteer Infantry Company A Re-Enactment | 767 George Rd, Bronson, MI 49028 | MI | 2012-10 | $90 |
8 | 9-11 Wtc Memorial Quilt Project | 2605 Adams Rd, Niles, MI 49120 | MI | 2014-10 | $0 |
9 | American War Memorials Inc | 965 S Lafayette, Dearborn, MI 48124 | MI | 2014-07 | $0 |
10 | Battery K 9th Michigan Light Artillery Inc | 4484 Bluebird, Commerce Twp, MI 48382 | MI | 2004-07 | $0 |
11 | Blue Dragon Interfaith Fellowship | 1308 Reed Ave, Kalamazoo, MI 49001-3965 | MI | 2005-08 | $0 |
12 | Caro 150 Winter Fest | 326 S State St, Caro, MI 48723 | MI | 2009-06 | $0 |
13 | Celebrate The Constitution | 1776 W Burnley Ln, Maple City, MI 49664 | MI | 2011-07 | $0 |
14 | Elvisfest Michigan, Keith Stephens | 9585 Judd Rd, Willis, MI 48191-9789 | MI | 2012-01 | $0 |
15 | Friends Of The River Raisin Battlefield | 126 S Monroe St, Monroe, MI 48161 | MI | 2005-09 | $0 |
16 | Gospel Army Black History Group | 5125 Sandalwood Dr, Grand Blanc, MI 48439 | MI | 1997-07 | $0 |
17 | Grand Ledge St Patricks Day Parade Association | 913 Mcdiarmid Ln, Grand Ledge, MI 48837 | MI | 2005-01 | $0 |
18 | Greater Silver Lake Fireworks Fund Inc, Na Na | Po Box 33, Mears, MI 49436 | MI | 2004-04 | $0 |
19 | Heritage Festival Inc | 12803 Wacousta Rd, Grand Ledge, MI 48837-9240 | MI | 2004-12 | $0 |
20 | Holland Memorial Day Parade Committee | Po Box 1073, Holland, MI 49422 | MI | 2009-07 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,178 |
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