VETERANS OF FOREIGN WARS OF THE USINC

EIN: 042685025

WALTHAM, MA

Total Revenue
$58,167
Total Expenses
$61,314
Total Assets
$1,188,811
Net Assets
$1,188,542
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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
1976
Legal Domicile
MA
Phone
7818930317
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE USINC, founded in 1976, is a micro nonprofit that reported $58K in total revenue in fiscal year 2023. Net assets of $1.2M represent 245 months of operating reserves.

Mission

SOCIAL CLUB FOR VETERANS OF FOREIGN WARS, THEIR AUXILIARY AND JUNIOR GIRL MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,029
Program Service Revenue $765
Investment Income $50,790
Other Revenue $-2,417
TOTAL REVENUE $58,167

Expense Breakdown

Grants Paid $8,025
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,312
Other Expenses $53,289
TOTAL EXPENSES $61,314

Year-over-Year Comparison

2023 2022 Change
Revenue $58,167 $-28,058 -3.1%
Expenses $61,314 $52,313 +0.2%
Net Income $-3,147 $-80,371 -1.0%
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
10
Independent Members
10
Employees
N/A
Volunteers
9

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
0
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER W GOODWIN Chaplin 0.00
Director
$0 $0 $0
ANDREW S CHAMPION Director 0.00
Director
$0 $0 $0
JAMES M MORAN Director 0.00
Director
$0 $0 $0
DONALD P DOHERTY Director 0.00
Director
$0 $0 $0
JAMES WALSH Director 0.00
Director
$0 $0 $0
JAMES KEARNEY Director 0.00
Director
$0 $0 $0
MICHAEL S RUSSO Director 0.00
Director
$0 $0 $0
WAYNE N HENRY Treasurer 20.00
Director
$0 $0 $0
JEFFREY FOGG President 10.00
Director
$0 $0 $0
JOHN J O'CONNOR Vice President 0.00
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
2024 No data No data No data No data
2023 $58,167 $61,314 $1,188,811 $-3,147
2022 $-28,058 $52,313 $1,169,412 $-80,371
2021 $60,585 $64,467 $1,349,393 $-3,882
2020 $69,722 $57,121 $1,362,866 $12,601
2019 $22,095 $55,547 $1,308,138 $-33,452
2018 $43,229 $58,844 $1,252,159 $-15,615
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