Vietnam Vetrans Of America Inc is located in Plano, TX. The organization was established in 1984. 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 02/2020, Vietnam Vetrans Of America Inc employed 17 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Vietnam Vetrans Of America Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 02/2020, Vietnam Vetrans Of America Inc generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $38.9k during the year ending 02/2020. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND SUPPORT VIETNAM VETERANS TO CREATE A NEW IDENTITY FOR THIS GENERATION OF VETERANS, AND TO CHANGE PUBLIC PERCEPTION OF VIETNAM VETERANS, WITH THE FOUNDING PRINCIPLE-NEVER AGAIN WILL ONE GENERATION OF VETERANS ABANDON ANOTHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT TO & PROMOTED VIETNAM VETERANS THROUGH COUNCIL ACTIVITIES AND ALSO SUPPORTED INDEPENDENT STATEWIDE CHAPTERS FOR VIETNAM VETERANS OF AMERICA.
PROVIDED $857 SCHOLARSHIPS TO SEVEN STUDENTS THAT WERE CHILDREN OF VETERANS TO ASSIST THEM IN OBTAINING A COLLEGE DEGREE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lew Broughton President & Chapter Delegate | OfficerTrustee | $0 | |
Don Bosley Vice President & Chapter Delegate | OfficerTrustee | $0 | |
Paul Blake Secretary/treasurer | Officer | $0 | |
Gary Briggs Delegate | Trustee | $0 | |
Eddie Whitsett Delegate | Trustee | $0 | |
Ray Chris Chaney Delegate | Trustee | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $208 |
| Related organizations | $13,234 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,875 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,317 |
| Total Program Service Revenue | $0 |
| Investment income | $267 |
| 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 | -$1,053 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,250 |
| Grants and other assistance to domestic individuals. | $5,999 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $182 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,844 |
| Interest | $0 |
| Payments to affiliates | $9,656 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $38,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,492 |
| Savings and temporary cash investments | $15,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,193 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,630 |
| Accounts payable and accrued expenses | $12,692 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,692 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $25,938 |
| 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 | $38,630 |