Veterans Club of William F Erhlich -1391 Inc
501(c)(7)
Only null% goes to programs Thin reserves Growing revenue
Veterans Club of William F Erhlich -1391 Inc is a 501(c)(7) organization based in Racine, Wisconsin, registered in 1940, with $243,881 in FY2023 revenue. CharityIndex grades it D.
820 S Main St, Racine, WI, 53403 EIN 39-0677600 Since 1940
Revenue (FY2023)
$244K
▲ 8.2% vs prior year
Expenses (FY2023)
$246K
Net assets
-$89K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Veterans Club of William F Erhlich -1391 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Veterans Club of William F Erhlich -1391 Inc: 0 mo reserves · -1% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Veterans Club of William F Erhlich -1391 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Veterans Club of William F Erhlich -1391 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $176K (FY2013) to $244K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $135KNet assets -$89K
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$46K
Total liabilities
$135K
Net assets
-$89K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $243,881▲8.2% | $245,683▼2.6% | -$88,804▼2.1% | $46,462▲21.0% | 990 |
| 2022 | $225,420▲6.6% | $252,294▲9.8% | -$87,002▼44.7% | $38,385▼7.6% | 990 |
| 2021 | $211,481▲40.0% | $229,704▲33.6% | -$60,128▼43.5% | $41,538▼19.4% | 990 |
| 2020 | $151,059▲7.8% | $171,936▲10.9% | -$41,905▲31.0% | $51,563▲103% | 990 |
| 2019 | $140,110▼5.6% | $155,086▼7.9% | -$60,698▼32.8% | $25,364▲89.6% | 990 |
| 2018 | $148,392▲1.2% | $168,353▼0.1% | -$45,722▼429% | $13,379▼74.3% | 990 |
| 2017 | $146,619▼13.1% | $168,542▼2.3% | $13,910▼61.2% | $52,100▼2.5% | 990 |
| 2016 | $168,800▲11.8% | $172,433▲2.6% | $35,834▼9.2% | $53,425▲1.1% | 990 |
| 2015 | $150,931▼23.1% | $168,098▼9.2% | $39,467▼30.3% | $52,869▼22.0% | 990 |
| 2014 | $196,266▲11.4% | $185,133▼0.2% | $56,634▲24.5% | $67,822▼2.2% | 990 |
| 2013 | $176,129 | $185,496▲30.9% | $45,501▼17.1% | $69,360▲15.0% | 990 |
| 2012 | — | $141,668▲1.3% | $54,868▼2.6% | $60,315▼3.0% | 990 |
| 2011 | — | $139,898▼7.5% | $56,357▼4.5% | $62,165▼5.0% | 990 |
| 2010 | — | $151,221 | $59,013 | $65,414 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Veterans Club of William F Erhlich -1391 Inc a legitimate nonprofit?
- Yes. Veterans Club of William F Erhlich -1391 Inc is a 501(c)(7) organization registered with the U.S. Internal Revenue Service under EIN 39-0677600, based in Racine, Wisconsin.
- What is Veterans Club of William F Erhlich -1391 Inc's EIN?
- Veterans Club of William F Erhlich -1391 Inc's Employer Identification Number (EIN) is 39-0677600.
- How much revenue does Veterans Club of William F Erhlich -1391 Inc report?
- Veterans Club of William F Erhlich -1391 Inc reported $243,881 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Veterans Club of William F Erhlich -1391 Inc have?
- CharityIndex grades Veterans Club of William F Erhlich -1391 Inc D, based on financial health (reserves and operating margin).
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Data for Veterans Club of William F Erhlich -1391 Inc (EIN 39-0677600) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.