Veterans of Foreign Wars of the United States Dept of Maine (EIN 010410982) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

James Roberts

Phone

2073383309

Tax Period

2024-07-01 to 2025-06-30

Veterans of Foreign Wars of the United States Dept of Maine, founded in 1949, is a small nonprofit in the Public & Societal Benefit sector that reported $116K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $99K left a modest 15% surplus.

Mission

Provide color guard/military honors; provide financial support for veterans and their families; support/promote historical education in the classroom.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $56,509

Program Service Revenue $0

Investment Income $117

Other Revenue $59,428

TOTAL REVENUE $116,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,032

Other Expenses $98,862

TOTAL EXPENSES $98,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,054	$93,092	+0.2%
Expenses	$98,862	$95,077	+0.0%
Net Income	$17,192	$-1,985	-9.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

136

Independent Members

136

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Roberts	Commander	35.00	Officer Director	$0	$0	$0
James Wood	Jr Vice Command	2.00	Director	$0	$0	$0
William Pollock	Quartermaster	20.00	Officer Director	$0	$0	$0
Anthony Kimble	Adjutant	2.00	Director	$0	$0	$0
William Bruns	Sr Vice Command	15.00	Officer Director	$0	$0	$0
Ken Smart	Advocate	2.00	Director	$0	$0	$0
Ray Palkie	Chaplain	2.00	Director	$0	$0	$0
Ryan Fries	Surgeon	1.00	Director	$0	$0	$0
Steve Woodard	Trustee	1.00	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	$116,054	$98,862	$322,778	$17,192
2023	$108,759	$113,458	$310,219	$-4,699
2022	$118,917	$110,163	$318,048	$8,754
2021	$116,738	$80,151	$304,290	$36,587
2020	$69,213	$76,092	$260,973	$-6,879
2019	$111,749	$118,616	$262,219	$-6,867

Veterans of Foreign Wars of the United States Dept of Maine