VETERANS OF FOREIGN WARS POST 1012 (EIN 042442299) - 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

1953

Legal Domicile

Phone

7813952519

Tax Period

2024-06-01 to 2025-05-31

VETERANS OF FOREIGN WARS POST 1012, founded in 1953, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 30% operating margin.

Mission

PROMOTING PATRIOTISM

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,181

Program Service Revenue $8,688

Investment Income $0

Other Revenue $211,950

TOTAL REVENUE $228,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,792

Fundraising Expenses $0

Program Expenses $157,125

Other Expenses $130,995

TOTAL EXPENSES $160,787

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,819	$169,016	+0.4%
Expenses	$160,787	$142,061	+0.1%
Net Income	$68,032	$26,955	+1.5%

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

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
Colin Ward	Director	1.00	Director	$0	$0	$0
Stephen Mclaughlin	Commander	1.00	Officer	$0	$0	$0
Earl Ercolline	Clerk	1.00	Officer	$0	$0	$0
Robert Healy	Vice commander	1.00	Officer	$0	$0	$0
John Pellegrino	Quartermaster	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
2025	$228,819	$160,787	$223,158	$68,032
2024	$169,016	$142,061	$204,519	$26,955
2023	$148,360	$142,020	$189,973	$6,340
2022	$133,113	$114,691	$199,103	$18,422
2021	$59,793	$89,818	$197,159	$-30,025
2020	$133,449	$140,374	$192,491	$-6,925
2019	$208,874	$198,914	$206,325	$9,960
2018	$205,488	$222,282	$208,091	$-16,794

VETERANS OF FOREIGN WARS POST 1012