DISABLED AMERICAN VETERANS Kolstad Chapter 23

Nonprofit profile at a glance

EIN
416036753
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Virginia, MN, USA
Phone
2187803361
Rating
51
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$42,704
Expenses
$47,221
Assets
$24,570
Liabilities
$0

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

Leadership & pay

5 people listed

People named in this filing

  • Robert Krog (Commander)
  • Judy Collins (Senior Vice Commander)
  • Sharon Panula (Junior Vice Commander)

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

Veterans serving Veterans advancing the interest and work for the betterment of all wounded, gassed, injured, and Disabled Veterans. To Cooperate with the Department of Veterans Affairs and other public and private agencies devoted to the cause of improving and advancing the condition, health, and interest of Disabled Veterans. To serve our comrades, communities, and our Country.

What it reported doing in 2024

Donations to DAV MN Foundation to assist Veterans from throughout Minnesota as they deemed necessary. Unknown as to the number of persons benefiting.

Operating model

Revenue model
Other-operating. 75% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 24
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.7%; rating input score 25
  • Program expense ratio: 21.9%; rating input score 22

Transparency & Controls

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

Sustainability

  • Operating margin: -10.6%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 11.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -10.4% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 24.7% of revenue deployed · 21.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 12 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 25/100.
  • High — Financial Efficiency: Program expense ratio scored 22/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.