Veterans of Foreign Wars Post #1617

EIN: 020216817

Derry, NH

Total Revenue
$184,558
Total Expenses
$183,634
Total Assets
$511,692
Net Assets
$509,437
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
NH
Principal Officer
Lee Werling
Phone
6034329702
Tax Period
2021-07-01 to 2022-06-30

Veterans of Foreign Wars Post #1617, founded in 1927, is a small nonprofit that reported $185K in total revenue in fiscal year 2021. Revenue decreased 16% compared to the prior year. Net assets of $509K represent 33 months of operating reserves.

Mission

The mission or the VFW is to help and support veterans and their families.

Program Service Accomplishments

Program 1
Expenses: $1,600

Department of NH VFW

Program 2
Expenses: $814

Gifts for Childrens Christmas

Program 3
Expenses: $1,563

Thanksgiving Baskets

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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 $5,477
Program Service Revenue $23,667
Investment Income $8
Other Revenue $155,406
TOTAL REVENUE $184,558

Expense Breakdown

Grants Paid $9,772
Salaries & Benefits $77,799
Fundraising Expenses $0
Program Expenses $9,772
Other Expenses $96,063
TOTAL EXPENSES $183,634

Year-over-Year Comparison

2021 2020 Change
Revenue $184,558 $220,754 -0.2%
Expenses $183,634 $186,693 0.0%
Net Income $924 $34,061 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
197
Independent Members
197
Employees
12
Volunteers
5

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
5
$4,800
Total Directors
5
$4,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lee Werling Quartermaster 015.00
Officer Director
$0 $0 $4,800
Isaac Miller Commander 010.00
Officer Director
$0 $0 $0
Edward Hodgson Sr Vice Commander 005.00
Officer Director
$0 $0 $0
Brian Bowles Jr Vice Commander 005.00
Officer Director
$0 $0 $0
Jim Ash Adjunct 005.00
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
2024 No data No data No data No data
2022 $184,558 $183,634 $511,692 $924
2021 $220,754 $186,693 $510,836 $34,061
2020 $152,987 $166,246 $476,325 $-13,259
2019 $217,020 $206,633 $508,401 $10,387
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