Servicemen's Club Inc

Nonprofit profile at a glance

EIN
411427154
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Sleepy Eye, MN, USA
Phone
5077947391
Rating confidence
Limited
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$95,222
Expenses
$82,876
Assets
$632,380
Liabilities
$24,281

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

Leadership & pay

6 people listed

Highest reported compensation

  • LINDA BRANDL (CLUB MANAGER/TREASURER): $42,387 total reported compensation
  • JOHN SCHUELLER (ASST GAMBLING MGR/DIR): $11,289 total reported compensation
  • THOMAS SCHROEPFER (GAMBLING MGR/DIR): $11,289 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 enjoyment and benefit of the servicemen and their families with proceeds being turned back in for the betterment of the community.

What it reported doing in 2024

The club was able to maintain the property and building occupied by its members (membership consists of individuals belonging to all the local veterans organizations). As a result, members of each of these organizations have a place to gather to conduct their respective meetings and activities. Services provided to club members and their dependents and guests included the furnishing of club rooms and social activities. Approximately 200 members and their dependents and guests were benefited by these services.the club promoted its spirit of military service and patriotism through community activism and financial support via donations to other nonprofit organizations promoting community projects; mental and physical health assistances; youth activities, events, scholarships; sponsoring events and projects in recognition of veterans' service.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 94
  • Accountability: 69
  • Sustainability: 52
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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; 64th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 7.63; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 78.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 5 of 5 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $42K · 6 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 6 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.