23rd Veteran
- Assets
- $703.2k
- Revenue
- $637.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Duluth, MN
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3420231
Organization Overview
23rd Veteran is located in Duluth, MN. The organization was established in 2015. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, 23rd Veteran employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 23rd Veteran is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, 23rd Veteran generated $637.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.5% each year . All expenses for the organization totaled $541.4k during the year ending 12/2021. While expenses have increased by 39.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HAPPIER, HEALTHIER LIVES FOR VETERANS LIVING WITH TRAUMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
23V RECON PROGRAM: 14 WEEK RECONDITIONING PROGRAM TO TRAIN MILITARY AND VETERANS TO LIVE COMFORTABLY AND SUCCESSFULLY IN CIVILIAN SOCIETY. THE PROGRAM ENCOMPASSES POSITIVE PSYCHOLOGY, FITNESS, CAMARADERIE, OUTDOOR WELLNESS AND ACTIVE EXPOSURE TRIGGER RETRAINING. IN 2021, 23V RECON GROUP IX POSITIVELY IMPACTED THE LIVES OF 8 VETERANS AND 2 CIVILIANS.
COMMUNITY ENGAGEMENT: EDUCATION FOR COMMUNITY GROUPS, UNIVERSITIES, MILITARY UNITS, AND EMPLOYERS. TRAINING POST-TRAUMATIC STRESS, WHY ITS COMMON IN MILITARY CULTURE AND HOW TO CREATE AN ENVIRONMENT MORE CONDUCIVE FOR VETERANS. NEARLY NAKED RUCK MARCH: THE DULUTH NEARLY NAKED RUCK MARCH HELD ON MARCH 27, 2021 HAD 234 RUCKERS. THE ANOKA NEARLY NAKED RUCK MARCH HELD ON SEPTEMBER 11, 2021 HAD 389 RUCKERS AND A NEW COURSE THROUGH DOWNTOWN.
BLADESMITHING: SHARP-ART THERAPY PROGRAM DESIGNED TO MOTIVATE ISOLATED VETERANS TO TAKE PART IN A WEEKLY TEAM EVENT WHILE CREATING A PIECE OF USEABLE ART. THE BLADESMITHING PROGRAM IS A WAY FOR 23V RECON GRADUATES TO REMAIN ENGAGED AND SHARE THEIR EXPERIENCE IN 23V RECON WITH OTHER VETERANS WHO MAY BE IN NEED OF OUR IMMERSIVE 14-WEEK PROGRAM. IN 2021, 25 PARTICIPANTS EXPERIENCED BLADESMITHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Waldron Executive Director | OfficerTrustee | 40 | $70,154 |
Tom Nathe Chair | OfficerTrustee | 2 | $0 |
Nathan Helder Secretary/chair | OfficerTrustee | 10 | $0 |
Zac Stanley Treasurer | OfficerTrustee | 2 | $0 |
Brain Kursz Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $110,885 |
| All other contributions, gifts, grants, and similar amounts not included above | $499,561 |
| Noncash contributions included in lines 1a–1f | $7,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $610,446 |
| Total Program Service Revenue | $26,974 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,440 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,665 |
| Grants and other assistance to domestic individuals. | $2,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,154 |
| Compensation of current officers, directors, key employees. | $14,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,527 |
| Pension plan accruals and contributions | $1,685 |
| Other employee benefits | $17,722 |
| Payroll taxes | $19,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,940 |
| Advertising and promotion | $17,882 |
| Office expenses | $16,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,846 |
| Travel | $32,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649 |
| Interest | $354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,766 |
| Insurance | $531 |
| All other expenses | $12,907 |
| Total functional expenses | $541,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $590,571 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $76,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,576 |
| Net Land, buildings, and equipment | $31,089 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $703,236 |
| Accounts payable and accrued expenses | $27,408 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $527,408 |
| Net assets without donor restrictions | $154,490 |
| Net assets with donor restrictions | $21,338 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $703,236 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that 23rd Veteran has recieved totaling $31,038.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $18,538 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
Veterans Club Kenmare, ND | $1,486,143 | $2,790,806 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Veterans Of Foreign Wars Dept Of Minnesota Savage, MN | $1,880,038 | $1,395,935 |
Veterans Of Foreign Wars Of The United States Dept Of Wisconsin Madison, WI | $1,702,327 | $1,105,490 |
American Legion Spicer, MN | $956,184 | $1,720,277 |
Veterans Of Foreign Wars Department Of Minnesota Blaine, MN | $820,954 | $1,280,331 |
Veterans Of Foreign Wars Dept Of Minnesota Monticello, MN | $968,617 | $1,496,186 |
American Legion Chanhassen, MN | $1,138,571 | $1,734,499 |
Disabled Veterans Rest Camp Association Inc Marine On St Croix, MN | $1,826,999 | $1,185,240 |
American Legion St Paul, MN | $3,937,900 | $1,356,334 |