Disabled American Veterans Department of Minnesota Inc
Nonprofit profile at a glance
- EIN
- 410641627
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-N 2010
- Location
- Saint Paul, MN, USA
- Phone
- 6512911212
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,767,194
- Expenses
- $2,386,847
- Assets
- $2,837,834
- Liabilities
- $536,395
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- STEPHEN WHITEHEAD (ADJUTANT): $125,831 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To assist in providing for the rehabilitation and continuing welfare of america's disabled veterans, their families, dependents and survivors.
What it reported doing in 2024
Veterans services: as veterans of the wars of the 20th century age, they require more services and medical attention than ever. Providing free, professional assistance to veterans and their families in obtaining benefits and services earned through military service and provided by the department of veterans affairs (va) and other agencies of government. Representing the interests of disabled veterans, their families, their widowed spouses and their orphans before congress, the white house and the judicial branch, as well as state and local government. These services include disabled veterans participating the recreational therapy opportunities, connecting disabled veterans with donated medical equipment. The dav mn develops financial resources for the assistance, aid, maintenance, care, support and rehabilitation of sick and injured veterans and their dependents, either directly or by contributions to the service programs offered through other nonprofit organizations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 83
- Accountability: 95
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 88.4%; rating input score 88; 25th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 5.3%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.1% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $126K · 12 people listed
- Highest-paid contractors: 1 contractor listed · $246K reported
- Consistency: 31 of 33 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 38 filed money-flow records
- Related organizations: 37 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Transparency & Controls: Schedule M noncash within contributions did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.