VETERANS OF FOREIGN WARS POST #2346

EIN: 042207388

SAUGUS, MA

Total Revenue
$127,605
Total Expenses
$249,868
Total Assets
$1,411,538
Net Assets
$1,408,513
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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
1938
Legal Domicile
MA
Principal Officer
STANLEY KING
Tax Period
2018-05-01 to 2019-04-30

VETERANS OF FOREIGN WARS POST #2346, founded in 1938, is a small nonprofit that reported $128K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $250K exceeded revenue, resulting in a 96% operating deficit.

Mission

VETERANS ORGANIZATION PROVIDING FOR THE PURPOSE OF HOLDING THEIR MEETINGS AND SPONSORING CHARITABLE EVENTS FOR THE COMMUNITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $31,505
Other Revenue $96,100
TOTAL REVENUE $127,605

Expense Breakdown

Grants Paid $0
Salaries & Benefits $92,148
Fundraising Expenses $0
Other Expenses $157,720
TOTAL EXPENSES $249,868

Year-over-Year Comparison

2018 2017 Change
Revenue $127,605 $172,514 -0.3%
Expenses $249,868 $244,715 +0.0%
Net Income $-122,263 $-72,201 +0.7%
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

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Governance

Voting Members
9
Independent Members
N/A
Employees
11
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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACK NATALE PRESIDENT 0.00
Officer Director
$0 $0 $0
JOHN PLUNKETT DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM BOOMHOWER DIRECTOR 0.00
Director
$0 $0 $0
ANTHONY LOPESI DIRECTOR 0.00
Director
$0 $0 $0
JAMES PINETTE DIRECTOR 0.00
Director
$0 $0 $0
LOUIS SIRIGNANO DIRECTOR 0.00
Director
$0 $0 $0
JAMES MARSHALL DIRECTOR 0.00
Director
$0 $0 $0
STANLEY KING TREASURER 2.00
Officer
$0 $0 $0
NICHOLAS MILO CLERK 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
2019 $127,605 $249,868 $1,411,538 $-122,263
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