PERRY VETERANS MEMORIAL ASSOCIATION

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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

1944

Legal Domicile

Principal Officer

JERIANN ABERTH

Phone

5852375299

Tax Period

2024-01-01 to 2024-12-31

PERRY VETERANS MEMORIAL ASSOCIATION, founded in 1944, is a small nonprofit in the Public & Societal Benefit sector that reported $532K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 32% operating margin.

Mission

TO PROVIDE A NETWORK AND MEETING PLACE OF VETERANS THROUGH WHICH THE MEMBERS MAY FIND SUPPORT, FRIENDSHIP, AND UNDERSTANDING. SEVERAL EVENTS ARE ORGANIZED EACH YEAR WITH THIS IN MIND.

Program Service Accomplishments

Program 1

WE ORGANIZED SEVERAL FUNCTIONS WHICH WERE DESIGNED TO GIVE MEMBERS A CHANCE TO RELAX AND SOCIALIZE WITH OTHERS WHO HAVE COMMON BACKGROUNDS AND INTERESTS, AND DISCUSS THOSE ISSUES WHICH ARE OF...

WE ORGANIZED SEVERAL FUNCTIONS WHICH WERE DESIGNED TO GIVE MEMBERS A CHANCE TO RELAX AND SOCIALIZE WITH OTHERS WHO HAVE COMMON BACKGROUNDS AND INTERESTS, AND DISCUSS THOSE ISSUES WHICH ARE OF RELEVANCE AND IMPORTANCE TO THE VETERANS AS A GROUP.

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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 $185,193

Program Service Revenue $19,622

Investment Income $3,677

Other Revenue $323,420

TOTAL REVENUE $531,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,768

Fundraising Expenses $0

Other Expenses $219,835

TOTAL EXPENSES $360,603

Year-over-Year Comparison

	2024	2023	Change
Revenue	$531,912	$376,592	+0.4%
Expenses	$360,603	$220,778	+0.6%
Net Income	$171,309	$155,814	+0.1%

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
JERIANN ABERTH	PRESIDENT	N/A	Officer Director	$0	$0	$0
GROVER MILLER	BOARD MEMBER	N/A		$0	$0	$0
KATHERINE BZDUCH	BOARD MEMBER	N/A		$0	$0	$0
DENNIS HEWITT	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JACOB WEBER	BOARD MEMBER	N/A		$0	$0	$0
ANDRAE SPORLEDER	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVE GOODELL	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN MALONEY	BOARD MEMBER	N/A		$0	$0	$0
CHARLES MEYERS	BOARD MEMBER	N/A	Director	$0	$0	$0
CORY WERNER	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL WHITE	BOARD MEMBER	N/A	Director	$0	$0	$0
CHUCK AESCH	BOARD MEMBER	N/A	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	$531,912	$360,603	$855,696	$171,309
2023	$376,592	$220,778	$710,054	$155,814
2022	$272,823	$175,699	$379,133	$97,124
2021	$222,598	$175,863	$300,735	$46,735
2020	$154,990	$164,556	$256,929	$-9,566
2019	$212,890	$248,807	$254,019	$-35,917
2018	$270,124	$225,685	$278,792	$44,439