Johnson City-Washington County Veterans Memorial Foundation
Nonprofit profile at a glance
- EIN
- 463180752
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Johnson City, TN, USA
- Phone
- 4233064764
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $6,490
- Expenses
- $5,663
- Assets
- $112,211
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- BRENDA BARNETTE (PRESIDENT)
- GARY MCALLISTER (VICE PRESIDENT)
People named in this filing
- BRENDA BARNETTE (PRESIDENT)
- GARY MCALLISTER (VICE PRESIDENT)
- REBECCA JONES (TREASURER)
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
Section 3.Exempt Purposes. (a)The Corporation is organized and shall be operated exclusively for charitable, scientific, and educational purposes within the meaning of § 501(c)(3) of the Code or corresponding provisions of any future United States Internal Revenue law, including for such purposes, the making of distributions to organizations that qualify as exempt organizations under §501(c)(3) of the Code. Notwithstanding any other provision of these Bylaws to the contrary, the Corporation shall not carry on any other activities not permitted to be carried on by a corporation exempt from federal income tax under §501(c)(3), or the corresponding provision of any future United States Internal Revenue law, or by a corporation, contributions to which are deductible under § 170(c)(2) of the Code, or the corresponding provision of any future United States Internal Revenue law. (b)The Corporation has all of the powers granted to nonprofit corporations organized under the laws of the State of
What it reported doing in 2024
In connection with its exempt purposes, the Corporation shall endeavor, in good faith, to promote the erection, preservation and maintenance of a Veterans' Memorial in Washington County, Tennessee which honors the men and women who served our nation in one or more branches of the United States Military.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: 82
- Sustainability: 73
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.7%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 19.81; rating input score 96; 96th 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: -0.7% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: -9.4% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -3.1% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.