Delaware County Veterans Memorial

Nonprofit profile at a glance

EIN
205041306
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Media, PA, USA
Phone
6109969940
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Commemorative Events

Official website

Reported finances

Revenue
$402,748
Expenses
$166,748
Assets
$4,566,229
Liabilities
$1,160

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

Leadership & pay

9 people listed

Executive titles in this filing

  • JOSEPH DALY (President)
  • RALPH GALATI (Vice President)

People named in this filing

  • JOSEPH DALY (President)
  • RALPH GALATI (Vice President)
  • ARTHUR JENKINS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The memorial's mission is to create awareness and raise funding to construct and operate this community project - a memorial and interactive educational venue to honor the military service of all veterans for their past and future sacrifices and educate the public.

What it reported doing in 2024

The Delaware county veterans memorial association (dcvma) serves as an interactive educational venue to honor the military service of all veterans for past and future sacrifices. Working with local school district administrators, teachers, veterans, historians and civic leaders, the dcvma education committee has developed a curriculum based, age appropriate program for students in grades k through 12 so that they have a better understanding of the foundation of our nation and those who fought to keep the united states strong. In 2023, students and teachers from springfield school district, marple newtown school district, radnor school district, and the school district of haverford participated in the dcvma educational programs. Many of the educators throughout the Delaware valley value the memorial as a unique

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 86
  • Accountability: 75
  • Sustainability: 88
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.2%; rating input score 44
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 20th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 58.6%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 27.38; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 13% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: -3.7% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 44.2% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 9 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $167K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.