BUFFALO SOLDIERS ASSOCIATION OF WEST POINT INC

EIN: 800288616 501(c)(3) Arts, Culture & Humanities

Highland Falls, NY

Total Revenue
$655,438
Total Expenses
$410,342
Total Assets
$939,790
Net Assets
$939,790
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
Aundrea Matthews
Phone
2145497691
Tax Period
2021-01-01 to 2021-12-31

BUFFALO SOLDIERS ASSOCIATION OF WEST POINT INC, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $655K in total revenue in fiscal year 2021. Revenue surged 864% from the prior year, signaling strong growth momentum. The organization ran a surplus of $245K, a strong 37% operating margin.

Mission

OUR MISSION IS TO ACKNOWLEDGE, HONOR, PROMOTE AND PRESERVE THE HISTORY AND CONTRIBUTIONS OF THE BUFFALO SOLDIERS AND MILITARY PERSONNEL WHO SERVED THE UNITED STATES OF AMERICA.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

OPERATION IMPACT-E SCIENCE,TECHNOLOGY,ENGINEERING,AGRICULTURE AND MATH AFTER SCHOOL PROGRAM BUT DUE TO COVID- THE AFTER SCHOOL PROGRAM WAS SUSPENDED IN 2021 DUE TO COVID AND SCHOOLS BEING CLOSED. WE...

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OPERATION IMPACT-E SCIENCE,TECHNOLOGY,ENGINEERING,AGRICULTURE AND MATH AFTER SCHOOL PROGRAM BUT DUE TO COVID- THE AFTER SCHOOL PROGRAM WAS SUSPENDED IN 2021 DUE TO COVID AND SCHOOLS BEING CLOSED. WE WILL REUME IN 2022

Program 2
Expenses: $64,256 Revenue: $53,693

Annual Buffalo Soldiers Memorial Event and Banquet held at West Point-Inviting the community. There is a key note speaker and awards are given to honor those for their military service, accompliments...

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Annual Buffalo Soldiers Memorial Event and Banquet held at West Point-Inviting the community. There is a key note speaker and awards are given to honor those for their military service, accompliments and contribution to the US army.This year we teamed up with the West Point Diversity and Inclusion Conference for a Memorial Luncheon. Due to Covid-19 there was modified activities.

Program 3
Expenses: $303,500 Revenue: $652,239

The Special Project Committee conducts fundraising activities through online donations due to covid-19, the special project committee purpose is to design fund, build, erect and donate to West Point...

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The Special Project Committee conducts fundraising activities through online donations due to covid-19, the special project committee purpose is to design fund, build, erect and donate to West Point a memorial accurately and effectively depict the Buffalo Soldiers contributions to the United States. We accomplished our goal of designing, funding, erecting and donating to West Point a statue depicting the Buffalo Soldiers contributions to the United States in 2021. The dedication was held during our Annual Buffalo Soldiers Memorial Event and Banquet. SEPTEMBER 2021

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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 (2021)

Revenue Breakdown

Contributions & Grants $655,643
Program Service Revenue $0
Investment Income $0
Other Revenue $-205
TOTAL REVENUE $655,438

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $38,888
Program Expenses $367,756
Other Expenses $410,342
TOTAL EXPENSES $410,342

Year-over-Year Comparison

2021 2020 Change
Revenue $655,438 $68,006 +8.6%
Expenses $410,342 $5,453 +74.3%
Net Income $245,096 $62,553 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
7

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle Mosley FUNDRAISER CO CHAIR 10
Officer
$0 $0 $0
Dawnyela Meredith Correspondence Secretary 10
Officer
$0 $0 $0
AUNDREA MATTHEWS PRESIDENT 20
Officer
$0 $0 $0
Hamilton Hudgens VICE PRESIDENT 15
Officer
$0 $0 $0
Gail Chambers TREASURER 10
Officer
$0 $0 $0
Robert Johnson SECRETARY 10
Officer
$0 $0 $0
MELVIN SMITH Sargent at arms 10
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
2021 $655,438 $410,342 $939,790 $245,096
2020 $68,006 $5,453 $694,694 $62,553
2019 $92,536 $5,002 $632,141 $87,534
2018 $431,618 $55,356 $544,607 $376,262
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