So MD Vacations For Vets Inc

EIN: 270454603 501(c)(3) Public & Societal Benefit

California, MD

Total Revenue
$40,740
Total Expenses
$28,511
Total Assets
$45,325
Net Assets
$45,325
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
Connie Pennington
Tax Period
2023-01-01 to 2023-12-31

So MD Vacations For Vets Inc, founded in 2011, is a micro nonprofit in the Public & Societal Benefit sector that reported $41K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $12K, a strong 30% operating margin.

Mission

To provide our wounded/recovering service members from local militaryhopitals & treatment centers a chance to get away, relax and have funexperiences with their families away from the hospital/clinic

Program Service Accomplishments

Program 1
Expenses: $19,732 Revenue: $21,011

FOR RECOVERING SERVICE MEMBERS FROM FT. BELVOIR, WALTER REED AND OTHER LOCAL VA HOSPITALS/CENTERS:3 WEEKEND RETREATS AT CAMP MARIA WITH THEIR SPOUSES AND CHILDRE THAT INCLUDED ACTIVITIES SUCH AS...

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FOR RECOVERING SERVICE MEMBERS FROM FT. BELVOIR, WALTER REED AND OTHER LOCAL VA HOSPITALS/CENTERS:3 WEEKEND RETREATS AT CAMP MARIA WITH THEIR SPOUSES AND CHILDRE THAT INCLUDED ACTIVITIES SUCH AS BOATING, KAYAKING, SWIMMING, FLY FISHING INSTRUCTORS, SEARCH AND RESCUE K9 TEAM DEMOS, 4H CRAZY CRITTERS, ETCALSO PROVIE A CHRISTMAS PARTY FOR NEED VETERAN FAMILIES

Program 2
Expenses: $8,404 Revenue: $15,029

VARIOUS FUNDRAISING EVENTS THAT PROMOTE AWARENESS OF V4V MISSION OUR LARGEST FUN EVENT IS THE ANNUAL POKER RUN MANY VETERANS SERVICE MEMBERS AND OTHERS PARTICIPATE LOOK FORWARD TO THE EVENTS EACH...

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VARIOUS FUNDRAISING EVENTS THAT PROMOTE AWARENESS OF V4V MISSION OUR LARGEST FUN EVENT IS THE ANNUAL POKER RUN MANY VETERANS SERVICE MEMBERS AND OTHERS PARTICIPATE LOOK FORWARD TO THE EVENTS EACH YEAR. WE SET UP 5 STOPS AT VARIOUS BUSINESSES AROUND THE COUNTY PLAYERS PAY A FEE TO PARTICIPATE PLAYERS RIDE TO EACH STOP TO COLLECT ONE CARD TO BUILD THEIR HAND. ONCE THEY HAVE A FULL HAND, THEY RETURN TO THE EVENT, PLAY THEIR HAND AND ENJOY FELLOWSHIP. POTENTIAL SPONSORS ARE MAILED LETTERS AND ARE OFFERED ADVERTISING BASED ON THE SIZE OF THEIR DONATIONS. PLAYERS ARE PROVIDED LUNCH AND T-SHIRT. RAFFELS AND AN AUCTION ARE ALSO CONDUCTED

Program 3
Expenses: $375 Revenue: $4,700

EVENTS AND DAY TRIPS FOR RESIDENTS OF CHARLOTTE HALL VETERANS HOME: VARIOUS DAY TRIPS AND EVENTS TO ENTERTAIN RESIDENTS SUCH AS TO LOCAL NATURE AND HISTORICAL PARKS, TO ATTEND A LOCAL VETERANS DAY...

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EVENTS AND DAY TRIPS FOR RESIDENTS OF CHARLOTTE HALL VETERANS HOME: VARIOUS DAY TRIPS AND EVENTS TO ENTERTAIN RESIDENTS SUCH AS TO LOCAL NATURE AND HISTORICAL PARKS, TO ATTEND A LOCAL VETERANS DAY PARADE CHRISTMAS PARTY VALENTINES DINNER OUTTING ETC

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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 $40,740
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $40,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,511
Other Expenses $28,511
TOTAL EXPENSES $28,511

Year-over-Year Comparison

2023 2022 Change
Revenue $40,740 $36,795 +0.1%
Expenses $28,511 $51,323 -0.4%
Net Income $12,229 $-14,528 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
120

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virginia Kerns treasurer 5.00
Officer
$0 $0 $0
Connie Pennington President 15.00
Officer
$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 No data No data No data No data
2023 $40,740 $28,511 $45,325 $12,229
2022 $36,795 $51,323 $33,096 $-14,528
2021 $13,572 $13,591 $47,624 $-19
2020 $28,262 $24,695 $47,643 $3,567
2019 $43,937 $42,290 $40,407 $1,647
2018 $41,516 $35,728 $38,760 $5,788
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