Chief Warrant and Warrant Officers Association

EIN: 526042437 Public & Societal Benefit

Mc Leansboro, IL

Total Revenue
$299,913
Total Expenses
$254,557
Total Assets
$1,563,637
Net Assets
$1,550,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
DC
Principal Officer
Michael Little
Phone
2029631793
Tax Period
2024-07-01 to 2025-06-30

Chief Warrant and Warrant Officers Association, founded in 1929, is a small nonprofit in the Public & Societal Benefit sector that reported $300K in total revenue in fiscal year 2024. The organization ran a surplus of $45K, a strong 15% operating margin.

Mission

ADVANCE THE PROFESSIONAL ABILITY OF MEMBERS, PROMOTE THE UNITY AND MORALE OF MEMBERS, PROVIDE SCHOLARSHIPS TO CHILDREN OF MEMBERS, PROVIDE FINANCIAL SUPPORT TO SURVIVORS OF MEMBERS, PROVIDE SCHOLARSHIPS TO CHILDREN OF ENLISTED COAST GUARD MEMBER, ENSURE THAT MEMBERS HAVE INFORMATION CONCERNING THEIR BENEFITS AND TO ADVOCATE FOR THEIR BENEFITS.

Program Service Accomplishments

Program 1
Expenses: $7,724

PROVIDED FOUR ISSUES OF THE ASSOCIATION MAGAZINE TO MEMBERS, PROVIDING THEM WITH INFORMATION CONCERNING FELLOW MEMBERS, CHAPTERS, AND THEIR BENEFITS PROVIDED BY THE GOVERNMENT.

Program 2
Expenses: $7,638

PROVIDED DEATH BENEFITS TO DESIGNATED BENEFICIARIES UPON THE DEATH OF AN ASSOCIATION MEMBERS.

Program 3
Expenses: $4,000

PROVIDE 2 INDIVIDUAL GRANTS TO THE CHILDREN OF ENLISTED COAST GUARD MEMBERS IN THE AMOUNT OF $4,000 EACH FOR POST SECONDARY EDUCATION. $1,000 WAS PAID TO THE RECIPIENT, WITH THE ADDITIONAL $3,000...

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PROVIDE 2 INDIVIDUAL GRANTS TO THE CHILDREN OF ENLISTED COAST GUARD MEMBERS IN THE AMOUNT OF $4,000 EACH FOR POST SECONDARY EDUCATION. $1,000 WAS PAID TO THE RECIPIENT, WITH THE ADDITIONAL $3,000 PAYABLE IN ANNUAL INSTALLMENTS OF $1,000 AS LONG AS THEY REMAINED ENROLLED AS FULL TIME STUDENTS. PROVIDE 4 GRANTS TO THE CHILDREN OF CWOA MEMBERS IN THE AMOUNT OF $750 EACH FOR POST SECONDARY EDUCATION.

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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 $192,363
Program Service Revenue $7,197
Investment Income $100,353
Other Revenue $0
TOTAL REVENUE $299,913

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $126,282
Fundraising Expenses $0
Program Expenses $19,362
Other Expenses $116,637
TOTAL EXPENSES $254,557

Year-over-Year Comparison

2024 2023 Change
Revenue $299,913 $310,385 0.0%
Expenses $254,557 $321,231 -0.2%
Net Income $45,356 $-10,846 -5.2%
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
7
Independent Members
7
Employees
1
Volunteers
36

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
7
$0
Total Directors
8
$91,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael J Little Executive Dir. 40.00
Director
$91,000 $0 $91,000
Robert Resendes President 4.00
Officer Director
$0 $0 $0
Jeffrey Timberlake Vice President 8.00
Officer Director
$0 $0 $0
Carol Smith Vice President 1.00
Officer Director
$0 $0 $0
Mark Cortor Vice President 1.00
Officer Director
$0 $0 $0
Melissa Polson Vice President 1.00
Officer Director
$0 $0 $0
Rodney Clark Secretary 3.00
Officer Director
$0 $0 $0
Jennifer Thompson Treasurer 5.00
Officer 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 $299,913 $254,557 $1,563,637 $45,356
2024 $310,385 $321,231 $1,512,929 $-10,846
2023 $301,849 $272,119 $1,437,885 $29,730
2022 $304,816 $231,057 $1,404,582 $73,759
2021 $258,154 $169,857 $1,404,469 $88,297
2020 $279,588 $180,579 $1,313,766 $99,009
2019 $297,882 $212,251 $1,218,492 $85,631
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