PIERRE CLAEYSSENS VETERANS FOUNDATION

EIN: 050565638 501(c)(3) Arts, Culture & Humanities

SANTA BARBARA, CA

Total Revenue
$81,667
Total Expenses
$246,977
Total Assets
$2,053,468
Net Assets
$1,033,721
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Principal Officer
LT JOHN BLANKENSHIP
Phone
8059661660
Tax Period
2023-12-01 to 2024-11-30

PIERRE CLAEYSSENS VETERANS FOUNDATION, founded in 2003, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $82K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $247K exceeded revenue, resulting in a 202% operating deficit.

Mission

OUR GOAL IS TO DRAW VISITORS TO THE PHENOMENAL STORY OF WORLD WAR II, AND TO GENERATE RESPECT FOR ALL VETERANS. THE STORY OF WORLD WAR II IS THE MOST IMPORTANT OF THE 20TH CENTURY, BUT ITS LASTING EFFECTS MAY NOT BE KNOWN TO CURRENT AND FUTURE GENERATIONS. IN ADDITION TO TELLING THE STORY THROUGH EXHIBITS, THE MUSEUM WILL SHOW THE IMPORTANT LESSONS AND SOCIETAL PROGRESSIONS THAT CAME FROM SUCH A DEADLY EPISODE. IT WILL SHOW HOW THE GI BILL ALLOWED VETERANS TO GO TO COLLEGE AND BUY HOMES, CREATING NEW COMMUNITIES AND BUSINESSES ALL OVER THE COUNTRY. IT WILL SHOW THE NECESSARY ADVANCEMENT OF WOMEN IN THE WORKFORCE, THE INTEGRATION OF MINORITIES INTO THE MILITARY AND THE U.N. DECLARATION OF HUMAN RIGHTS, WHICH ARE BUT A HANDFUL OF EXAMPLES OF THIS GENERATIONS EFFECT ON THE REST OF THE TWENTIETH CENTURY. STUDENTS AND VISITORS OF ALL GENERATIONS WILL COME TOGETHER TO SHARE STORIES, ASK QUESTIONS AND ULTIMATELY KNOW THE VETERANS EXPERIENCE, AND THE PAIN AND THE COST OF CONFLICT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $72,195
Program Service Revenue $0
Investment Income $3,659
Other Revenue $5,813
TOTAL REVENUE $81,667

Expense Breakdown

Grants Paid $4,048
Salaries & Benefits $51,750
Fundraising Expenses $17,250
Program Expenses $186,616
Other Expenses $191,179
TOTAL EXPENSES $246,977

Year-over-Year Comparison

2023 2022 Change
Revenue $81,667 $176,014 -0.5%
Expenses $246,977 $337,516 -0.3%
Net Income $-165,310 $-161,502 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
11
Employees
N/A
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$51,750
Total Directors
13
$51,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAZEL BLANKENSHIP Vice President 40.00
Officer Director
$29,250 $0 $29,250
LT JOHN BLANKENSHIP President 40.00
Officer Director
$22,500 $0 $22,500
B GENERAL FRED LOPEZ Director 6.00
Director
$0 $0 $0
BILL BROWN Director 1.00
Director
$0 $0 $0
CAPT JOE DANELY Director 4.00
Director
$0 $0 $0
SGT DENNIS MERENBACH Director 1.00
Director
$0 $0 $0
LT COL PATRICIA RUMPZA Secretary 1.00
Officer Director
$0 $0 $0
LT MICHAEL CONROY Treasurer 6.00
Officer Director
$0 $0 $0
ROBERT MINTER Director 1.00
Director
$0 $0 $0
BERNARD MELEKIAN Director 1.00
Director
$0 $0 $0
DANA NEWQUIST Director 1.00
Director
$0 $0 $0
STEPHEN PENNER Director 1.00
Director
$0 $0 $0
ERIC FRIEDMAN Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $81,667 $246,977 $2,053,468 $-165,310
2023 $176,014 $337,516 $2,156,014 $-161,502
2022 $311,785 $492,077 $2,236,259 $-180,292
2021 $155,759 $338,338 $2,286,814 $-182,579
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