New Topsail Island Post No 9983 Veterans of Foreign Wars of the United Stat Es
Nonprofit profile at a glance
- EIN
- 561996621
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Holly Ridge, NC, USA
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $106,273
- Expenses
- $111,715
- Assets
- $104,137
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Daniel McHugh (Commander)
- Nicholas Conrad (Sr Vice Commander)
- Ryan Rogers (Jr 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
Our mission is to support and aid veterans. We support not only member veterans but any local veteran who may need assistance. Assistance may be in the form of goods services or monetary aid. Our most significant activities include but are not limited to Fraternal patriotic and educational events; Fundraising events; operation of a canteen; and operation of a gun range.
What it reported doing in 2024
Fundraising Activities include golf tournament pig roasts open houses turkey shoots etc.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.3%; rating input score 3
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 32% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 3.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2010 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Sustainability: Operating margin scored 22/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.