Way-whitehouse Memorial Amvets Post 35 Inc

Nonprofit profile at a glance

EIN
592863189
IRS 990 coverage
2015–2015
Forms available
Form 990 2015
Location
Crestview, FL, USA
Phone
8506828435
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$219,435
Expenses
$184,648
Assets
$563,410
Liabilities
$66,498

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

14 people listed

People named in this filing

  • CRAIG SARRASIN (COMMANDER)
  • DARRIN COGAN (1ST VICE COMMANDER)
  • LIZ WESTBY (2ND 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. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Veteran's service organization

What it reported doing in 2015

Veteran's support: this program includes several sub-categories. Support for our active duty military included monetary donations to our local uso, the fisher house and the wounded warrior program. Other support was provided by donating cell phones for deployed veterans, puchasing uniform items, house sitting for deployed airmen and assisting family members during deployments. A second sub-category is support for homeless as well as sick and hospitalized veterans. Support for homeless veterans included providing free legal, medical and dental services, food, clothing and personal hygiene items at the annual veterans stand down event. Monetary donations were also given through the commander's discretionary fund for lodging and food for several veterans. Members of the organization also volunteered at the local va clinic to help the sick and hospitalized veterans. Many of the volunteered hours included visiting patients in hospitals or nursing homes, providing meals and also performing lawn services. Monetary donations were also made to the local va nursing home and covenant hospice. Other veterans support included participation in local military ceremonies including memorial day and veteran's day activities.

Operating model

Revenue model
Other-operating. 76% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 90% 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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 25
  • Transparency & Controls: 90
  • Accountability: 12
  • Sustainability: 68
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.6%; rating input score 31
  • Program expense ratio: 18.8%; rating input score 19
  • Fundraising efficiency: $2.9 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 15.9%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 3.05; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 30.6% of revenue deployed · 18.8% of spending went to programs
  • Governance: 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $35K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.