1887 Fund

Nonprofit profile at a glance

EIN
811455642
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Santa Monica, CA, USA
Phone
4242901887
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$6,243
Expenses
$6,699
Assets
$2,498
Liabilities
$40,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • CHRISTINE BARRIE (PRESIDENT/DIRECTOR)

People named in this filing

  • CHRISTINE BARRIE (PRESIDENT/DIRECTOR)
  • JOAN ABRAHAMSON (TREASURER/DIRECTOR)
  • JONATHAN SHERIN (VP/DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific purpose of the corporation shall include without limitation, celebrating and honoring all veterans' service to our country by effectuating a donation to the united states department of veterans affairs in the form of renovation and rehabilitation of five historic buildings and landscape on the veteran affairs' 388 acres west los angeles campus. The corporation also plans to pursue implementing non-veteran affairs sponsored or affiliated training programs to help veterans obtain valuable skills and credentialing so they can successfully reintegrate into society. This includes informing the surrounding community of the worthiness of this endeavor and the value of the service provided to the country from the veteran community.

What it reported doing in 2024

Restoring the veterans home bldg 33 and educating the public as to the worthiness of this endeavor to generate community support and involvement.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.6%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.3%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 16.01; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.9% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -41.7% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -39.1% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.