WAR VETERANS MEMORIAL SHRINE OF AMERICAN HISTORY INC

EIN: 351300823 501(c)(3) Arts, Culture & Humanities

ARCOLA, IN

Total Revenue
$280,892
Total Expenses
$264,709
Total Assets
$449,009
Net Assets
$449,009
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
IN
Principal Officer
GREG BEDFORD
Phone
2606152288
Tax Period
2024-04-01 to 2025-03-31

WAR VETERANS MEMORIAL SHRINE OF AMERICAN HISTORY INC, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $281K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $265K left a modest 6% surplus.

Mission

THE ORGANIZATION IS THE CARETAKER OF A 40 ACRE MEMORIAL GROUNDS FEATURING MEMORIALS FOR ALL WARS, THE MERCI TRAIN AND THE MUSEUM. THE OBJECTIVE IS NOT ONLY TO HONOR THE DEAD AND ALL WHO HAVE SERVED, BUT ALSO TO PROVIDE INSPIRATION FOR THE LIVING TO SEARCH FOR AND WORK FOR A BETTER AMERICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $256,064
Program Service Revenue $0
Investment Income $10,641
Other Revenue $14,187
TOTAL REVENUE $280,892

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,173
Fundraising Expenses $4,913
Program Expenses $256,909
Other Expenses $241,536
TOTAL EXPENSES $264,709

Year-over-Year Comparison

2024 2023 Change
Revenue $280,892 $512,271 -0.5%
Expenses $264,709 $651,064 -0.6%
Net Income $16,183 $-138,793 -1.1%
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
12
Employees
1
Volunteers
125

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
6
$0
Total Directors
13
$18,245
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT THOMAS MEMBER 10.00
Director
$18,245 $0 $18,245
GREG BEDFORD COMMANDER 20.00
Officer Director
$0 $0 $0
PAT FRAIZER 1ST VICE COM 20.00
Officer Director
$0 $0 $0
ERIC JOHNSON 2ND VICE COM 20.00
Officer Director
$0 $0 $0
SHARON HUDSON SECRETARY/TR 20.00
Officer Director
$0 $0 $0
CINDI MARSH RECORDING SE 3.00
Officer Director
$0 $0 $0
BONNIE DAVIS VOLUNTEER CO 20.00
Officer Director
$0 $0 $0
GREG BANICKI MEMBER 1.00
Director
$0 $0 $0
BOB EARL MEMBER 1.00
Director
$0 $0 $0
RICK PORFILIO MEMBER 10.00
Director
$0 $0 $0
TIM SCHILD MEMBER 15.00
Director
$0 $0 $0
TOM SCHMITT MEMBER 15.00
Director
$0 $0 $0
JIM TURVOSKY MEMBER 3.00
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
2025 $280,892 $264,709 $449,009 $16,183
2024 $512,271 $651,064 $432,826 $-138,793
2023 $582,081 $669,138 $571,619 $-87,057
2022 $1,415,849 $1,062,724 $658,676 $353,125
2021 $291,229 $99,002 $305,551 $192,227
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