VETERANS OF FOREIGN WARS WALKER - ROGERS POST NO 662 INC

EIN: 042396393

LOWELL, MA

Total Revenue
$3,195,505
Total Expenses
$69,521
Total Assets
$2,963,082
Net Assets
$2,963,082
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
MA
Phone
9784599988
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS WALKER - ROGERS POST NO 662 INC, founded in 1957, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. The organization ran a surplus of $3.1M, a strong 98% operating margin.

Mission

TO BRING TOGETHER ALL LOCAL VETERANS WHO HAVE SERVED HONORABLY IN THE VARIOUS ARMED FORCES OF THE USA IN WARS. TO DO ALL THINGS TO PROMOTE FELLOWSHIP AND GOOD WILL AMONGST FORMER VETERANS. TO HONOR AND SANCTIFY THE MEMORY OF THOSE FORMER VETERANS FROM OUR COMMUNITY WHO HAVE MADE THE SUPREME SACRIFICE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,194,305
Other Revenue $1,200
TOTAL REVENUE $3,195,505

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,669
Fundraising Expenses $0
Program Expenses $62,786
Other Expenses $31,852
TOTAL EXPENSES $69,521

Year-over-Year Comparison

2023 2022 Change
Revenue $3,195,505 N/A N/A
Expenses $69,521 N/A N/A
Net Income $3,125,984 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
1
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
$30,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES GOLDEN Treasurer 40.00
Officer
$30,000 $0 $30,000
ERIC LAMARCHE Director 1.00
Director
$0 $0 $0
CHRISTOPHER GOLDEN President 1.00
Officer
$0 $0 $0
HENRY J NADEAU CLERK 1.00
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
2024 No data No data No data No data
2023 $3,195,505 $69,521 $2,963,082 $3,125,984
2019 $206,965 $180,627 $52,738 $26,338
2018 $171,420 $185,313 $29,399 $-13,893
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS WALKER - ROGERS POST NO 662 INC with other nonprofits in Massachusetts and across the country.