WAR VETS RECREATION INC

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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

1943

Legal Domicile

Phone

7164830222

Tax Period

2025-01-01 to 2025-12-31

WAR VETS RECREATION INC, founded in 1943, is a small nonprofit in the Public & Societal Benefit sector that reported $550K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year.

Mission

FRATERNAL ORGANIZATION THAT PROVIDES FELLOWSHIP FOR ITS MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $559,355

FRATERNAL ORGANIZATION THAT PROVIDES FELLOWSHIP FOR ITS MEMBERS. FOOD AND BAR SERVICE AND BELL JAR IS AVAILABLE FOR MEMBERS ENTERTAINMENT

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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 $43,632

Program Service Revenue $0

Investment Income $0

Other Revenue $506,346

TOTAL REVENUE $549,978

Expense Breakdown

Grants Paid $3,260

Salaries & Benefits $292,287

Fundraising Expenses $0

Program Expenses $559,355

Other Expenses $206,987

TOTAL EXPENSES $559,355

Year-over-Year Comparison

	2025	2024	Change
Revenue	$549,978	$610,711	-0.1%
Expenses	$559,355	$593,779	-0.1%
Net Income	$-9,377	$16,932	-1.6%

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
JOHN GIAMBELLUCA	DIRECTOR	2.00	Director	$0	$0	$0
JACK HEDIN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL PRICE	DIRECTOR	2.00	Director	$0	$0	$0
DICK BENSINK	DIRECTOR	2.00	Director	$0	$0	$0
MIKE GARRETT	DIRECTOR	2.00	Director	$0	$0	$0
TERRY WOODFIELD	PRESIDENT	2.00	Officer	$0	$0	$0
GREG FIELD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
BRUCE PIATZ	TREASURER	2.00	Officer	$0	$0	$0
BLAKE WILLIAMS	SECRETARY	2.00	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	$549,978	$559,355	$278,655	$-9,377
2024	$610,711	$593,779	$317,192	$16,932
2023	$476,066	$422,206	$311,525	$53,860
2022	$383,455	$400,420	$268,870	$-16,965
2021	$341,577	$344,390	$298,573	$-2,813
2020	$234,523	$219,530	$324,079	$14,993
2019	$394,002	$418,087	$330,609	$-24,085
2018	$317,095	$403,738	$369,005	$-86,643