VETERANS OF FOREIGN WARS OF US DEP… - Form 990 Financial Data

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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

1922

Legal Domicile

Principal Officer

LUIS J BEVERAGGI SR

Phone

4136649042

Tax Period

2020-06-01 to 2021-05-31

VETERANS OF FOREIGN WARS OF US DEPT OF MASS DR GEORGE 996 VFW-MASS, founded in 1922, is a micro nonprofit that reported $507 in total revenue in fiscal year 2020. Revenue fell 101% from the prior year — a significant decline worth monitoring.

Mission

COMMON GOODWILL THRU CARE FOR VETS

Program Service Accomplishments

Program 1

A FRATERNAL MEMBERSHIP ORGANIZATION OF VETERANS THAT HAVE PERFORMED SERVICE OUTSIDE THE US. ACHIEVEMENTS INCLUDE: SCHOLARSHIPS GRANTED EACH YEAR, CHILD PARTIES DECORE AND FUNERAL SERVICES, RELIEF FOR FIRE VICTIMS AND OTHER RELIEF SERVICES. NUMBER OF CLIENTS SERVED GO FAR BEYOND MEMBERSHIP AS TO BE UNCOUNTABLE, THE JOY OF NEEDY CHILDREN RECEIVING GIFTS, MEALS AND FUN IS NOT MEASURABLE, SOLACE TO WIDOWS AND WIDOWERS DURING TIMES OF GRIEF IS UNMEASURABLE TO THE AGING AND NEW VETS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $3,850

Program Service Revenue $0

Investment Income $0

Other Revenue $-4,357

TOTAL REVENUE $-507

Expense Breakdown

Grants Paid $450

Salaries & Benefits $2,877

Fundraising Expenses $0

Other Expenses $20,384

TOTAL EXPENSES $23,711

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-507	$91,230	-1.0%
Expenses	$23,711	$106,034	-0.8%
Net Income	$-24,218	$-14,804	+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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

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

$2,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LUIS J BEVERAGGI	TREASURER	Officer	$2,100	$0	$2,100
LAWRENCE FOLINO	SR VICE	Officer	$0	$0	$0
JOSEPH ZUSTRA	PRESIDENT	Officer	$0	$0	$0
GEORGE BECKWITH	JR VICE	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
2021	$-507	$23,711	$312,927	$-24,218
2019	$137,883	$141,918	$296,112	$-4,035

VETERANS OF FOREIGN WARS OF US DEPT OF MASS DR GEORGE 996 VFW-MASS