Veterans of Foreign Wars 1332

EIN: 030270257

Bennington, VT

Total Revenue
$270,685
Total Expenses
$264,674
Total Assets
$982,137
Net Assets
$972,602
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
Don Myers
Phone
8026886041
Tax Period
2024-06-01 to 2025-05-31

Veterans of Foreign Wars 1332 is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $973K represent 43 months of operating reserves.

Mission

To promote comradeship and the social well-being of veterans.

Program Service Accomplishments

Program 1

Provide and maintain a facility which promotes comradeship & the social well-being of members. There were over 300 post members during the year. Support is also provided to national and state...

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Provide and maintain a facility which promotes comradeship & the social well-being of members. There were over 300 post members during the year. Support is also provided to national and state organizations via dues.

Program 2

Various you activities were supported and scholarships were given. Donations were made to the school football, soccer, softball and basketball teams, Special Olympics, Shriners Hospital, March of...

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Various you activities were supported and scholarships were given. Donations were made to the school football, soccer, softball and basketball teams, Special Olympics, Shriners Hospital, March of Dimes and various local community services. The post also provides flowers to veterans in hospitals and/or nursing homes.

Program 3

Transport veterans to VA hospitals in White River Junction, Vermont and Albany, New York. Also transported members to and from the club when there is no other means of transportation.

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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 $7,351
Program Service Revenue $0
Investment Income $25,215
Other Revenue $238,119
TOTAL REVENUE $270,685

Expense Breakdown

Grants Paid $13,950
Salaries & Benefits $102,760
Fundraising Expenses $0
Other Expenses $147,964
TOTAL EXPENSES $264,674

Year-over-Year Comparison

2024 2023 Change
Revenue $270,685 $285,023 -0.1%
Expenses $264,674 $269,481 0.0%
Net Income $6,011 $15,542 -0.6%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
9
Employees
21
Volunteers
N/A

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
3
$26,982
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Don Myers Quartermaster 20.00
Officer
$21,400 $0 $21,400
Norman LeBlanc Commander 10.00
Officer
$5,582 $0 $5,582
Roger Pratt Jr Vice Command 0.00
Director
$0 $0 $0
Reinolt Tofer Chaplain 0.00
Director
$0 $0 $0
Douglas Gerity Trustee 0.00
Director
$0 $0 $0
Thomas Stone Trustee 0.00
Director
$0 $0 $0
Gerald Rogo Trustee 0.00
Director
$0 $0 $0
James Doin Adjutant 0.00
Director
$0 $0 $0
Sharon Stepp Service Officer 0.00
Director
$0 $0 $0
Edward Cabral Sr Vice Command 0.00
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
2025 $270,685 $264,674 $982,137 $6,011
2024 $285,023 $269,481 $975,728 $15,542
2023 $229,608 $216,356 $957,571 $13,252
2022 $253,077 $215,346 $920,915 $37,731
2021 $205,270 $172,515 $883,226 $32,755
2020 $195,753 $216,579 $849,439 $-20,826
2019 $231,012 $211,746 $848,705 $19,266
2018 $236,993 $204,179 $829,559 $32,814
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