VETERANS OF FOREIGN WAR POST 10038 (EIN 036010189) - 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

1981

Legal Domicile

Principal Officer

Calvin D Marchbanks

Phone

8026268632

Tax Period

2023-06-01 to 2024-05-31

VETERANS OF FOREIGN WAR POST 10038, founded in 1981, is a small nonprofit that reported $144K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

To preserve and strengthen comradeship amongst its members, to assist worthy comrads and to perpetuate the memory and history of our dead and to assist widows and orphans.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,303

Program Service Revenue $0

Investment Income $94

Other Revenue $134,273

TOTAL REVENUE $143,670

Expense Breakdown

Grants Paid $2,664

Salaries & Benefits $84,543

Fundraising Expenses $0

Program Expenses $150,049

Other Expenses $62,842

TOTAL EXPENSES $150,049

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,670	$159,158	-0.1%
Expenses	$150,049	$148,919	+0.0%
Net Income	$-6,379	$10,239	-1.6%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

218

Independent Members

218

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENE D COMEAU	SENIOR OFFICER AND TRUSTEE	010.00	Director	$0	$0	$0
MARK L HOFFMAN	TRUSTEE	010.00	Officer Director	$0	$0	$0
ALAN R GEDDIS	TRUSTEE	010.00	Director	$0	$0	$0
CALVIN D MARCHBANKS	COMMANDER	010.00	Officer	$0	$0	$0
DONALD R YOUNG	SENOIR VICE COMMANDER	010.00	Officer	$0	$0	$0
BRUCE R BICKFORD	JUNIOR VICE COMMANDER	010.00	Officer	$0	$0	$0
DONALD W HUME	QUARTERMASTER	010.00	Officer	$0	$0	$0
DANIEL C JACKSON	ADJUTANT	010.00	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	No data	No data	No data	No data
2024	$143,670	$150,049	$174,386	$-6,379
2023	$159,158	$148,919	$180,428	$10,239
2022	$188,610	$168,681	$171,718	$19,929
2021	$73,979	$112,452	$152,034	$-38,473
2020	$124,218	$188,831	$236,973	$-64,613
2019	$179,751	$169,937	$319,722	$9,814

VETERANS OF FOREIGN WAR POST 10038