ILS VETERANS CLUB INC (EIN 160720533) - 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

1972

Legal Domicile

Principal Officer

DAVID JOY

Phone

7166647538

Tax Period

2025-01-01 to 2025-12-31

ILS VETERANS CLUB INC, founded in 1972, is a micro nonprofit that reported $42K in total revenue in fiscal year 2025. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $40K left a modest 4% surplus.

Mission

TO PROVIDE SUPPORT FOR VETERANS AND THEIR FAMILIES AS WELL AS SUPPORTINGTHE COMMUNITY THRU DONATIONS AND VOLUNTEERING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,954

Program Service Revenue $0

Investment Income $0

Other Revenue $37,798

TOTAL REVENUE $41,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $40,204

TOTAL EXPENSES $40,204

Year-over-Year Comparison

	2025	2024	Change
Revenue	$41,752	$28,899	+0.4%
Expenses	$40,204	$22,876	+0.8%
Net Income	$1,548	$6,023	-0.7%

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

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
DAVID JOY	PRESIDENT	4.00	Officer	$0	$0	$0
WILLIAM JOHNSTON	VICE PRESIDENT	4.00	Officer	$0	$0	$0
DANIEL GUSTAFSON	SECRETARY	4.00	Officer	$0	$0	$0
DANIEL GUSTAFSON	TREASURER	4.00	Officer	$0	$0	$0
KENNETH FURLOW	DEPUTY TREASURER	4.00	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	$41,752	$40,204	$33,825	$1,548
2024	No data	No data	No data	No data
2023	$17,785	$18,743	$18,923	$-958
2022	$26,967	$31,609	$20,239	$-4,642
2021	$30,540	$19,925	$25,384	$10,615
2020	$22,253	$18,200	$14,552	$4,053

ILS VETERANS CLUB INC