Academy Of United States Veterans Foundation
- Assets
- -$12.6k
- Revenue
- $250.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Arlington, VA
- Founding
- 04/2017
- Data as of
- 03/2021
- EIN
- 82-1095501
Organization Overview
Academy Of United States Veterans Foundation is located in Arlington, VA. The organization was established in 2017. As of 03/2021, Academy Of United States Veterans Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Academy Of United States Veterans Foundation 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 03/2021, Academy Of United States Veterans Foundation generated $250.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $287.6k during the year ending 03/2021. 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
WE AT AUSV BELIEVE THAT COLLABORATIVE COMMUNITIES CAN BE A VEHICLE TO BRING REAL OPPORTUNITIES FOR SOCIETY. BY ENCOURAGING CREATIVITY IN THIS COOPERATIVE ENVIRONMENT WE HOPE TO CREATE A NEW NARRATIVE FOR OUR VETERANS AND FOR ALL AMERICANS. WE BELIEVE THAT COMMUNITY UNITY IS A TRIBUTE TO THE STRENGTH AND PREFERENCE OF PEOPLE FOR INCLUSION AND PARTNERSHIP OVER DIVISION AND ALIENATION.?
Describe the Organization's Program Activity:
Part 3 - Line 4a
CELEBRATING THE INAUGURATION OF THE PRESIDENT OF THE UNITED STATES AS A COMMUNITY.
THE VETERANS AWARDS ALSO KNOWN AS THE VETTYS IS AN ANNUAL AWARD CEREMONY PRESENTED BY THE ACADEMY OF UNITED STATES VETERANS. THE AWARDS HONOR MEMBERS OF THE VETERAN COMMUNITY IN THE UNITED STATES IN VARIOUS CATEGORIES.
OUR TEAM IS INVOLVED IN PLANNING MANY EVENTS THROUGHOUT THE YEAR ALLOWING OUR COMMUNITY TO CREATE LIFELONG BONDS AND CONSISTENTLY GIVE BACK TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Assal Ravandi President And CEO | 40 | $10,000 | |
Katie Katz Director Of Public Relations | 40 | $5,947 | |
Assal Ravandi President | Officer | 50 | $55,000 |
Katie Katz Director Of Public Relations | Officer | 50 | $45,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,079 |
| Investment income | $0 |
| 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 | $250,079 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $16,370 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,746 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,070 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $180 |
| Payroll taxes | $18,087 |
| 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 | $1,400 |
| Advertising and promotion | $5,348 |
| Office expenses | $7,667 |
| Information technology | $14,999 |
| Royalties | $0 |
| Occupancy | $23,271 |
| Travel | $11,984 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $77 |
| All other expenses | $0 |
| Total functional expenses | $287,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$12,617 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | -$12,617 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$12,617 |