VETERANS OF FOREIGN WARS DEPARTMEN… - 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

1957

Legal Domicile

Principal Officer

ALAN MANGELINKX

Phone

5089450054

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPARTMENT 8607, founded in 1957, is a micro nonprofit that reported $3K in total revenue in fiscal year 2023. Revenue surged 258% from the prior year, signaling strong growth momentum. Expenses of $2K left a modest 13% surplus.

Mission

THE MISSION OF THE VFW, AN ORGANIZATION OF WAR VETERANS COMMITTED TO ENSURING THE RIGHTS AND REMEMBERING THE SACRIFICES OF VETERANS,PROMOTING PATRITISM, PERFORMING COMMUNITY SERVICES AND ADVOCATING FOR A STRONG NATIONAL DEFENSE.

Program Service Accomplishments

Program 1

MAINTAINED THE OPERATION OF THE VFW FOR THE BENEFIT AND WELFARE OF VETERANS OF FOREIGN WARS

Program 2

DONATIONS TO LOCAL NONPROFITS AND THE LOCAL NEEDY

Program 3

SCHOLARSHIPS MADE TO LOCAL STUDENTS

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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 $331

Program Service Revenue $0

Investment Income $2,197

Other Revenue $0

TOTAL REVENUE $2,528

Expense Breakdown

Grants Paid $2,197

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $2,197

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,528	$706	+2.6%
Expenses	$2,197	$1,501	+0.5%
Net Income	$331	$-795	-1.4%

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

N/A

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
MARK BUTLER	CLERK	2.00	Officer Director	$0	$0	$0
DONALD DEVINE	TREASURER	2.00	Officer Director	$0	$0	$0
JAMES DUBIS	PRESIDENT	2.00	Officer Director	$0	$0	$0
ALAN MANGELINKX	VICE PRESIDE	2.00	Officer Director	$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
2023	$2,528	$2,197	$9,176	$331
2022	$706	$1,501	$8,845	$-795
2021	$666	$2,724	$9,640	$-2,058
2020	$1,775	$1,835	$11,698	$-60
2019	$4,456	$2,500	$11,758	$1,956
2018	$5,448	$5,836	$9,802	$-388

VETERANS OF FOREIGN WARS DEPARTMENT 8607