HASTINGS PARISH VFW POST 8823

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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

ROBERT C SULLIVAN

Phone

3156688823

Tax Period

2023-01-01 to 2023-12-31

HASTINGS PARISH VFW POST 8823, founded in 1972, is a small nonprofit that reported $122K in total revenue in fiscal year 2023. Net assets of $266K represent 26 months of operating reserves.

Mission

SUPPOR OF PAST AND PRESENT MILITARY PERSONNEL. ALSO TO EDUCATE THE GENERAL PUBLIC ON MILITARY CAREERS AND INVOLVEMENT.

Program Service Accomplishments

Program 1

Expenses: $113,266

SUPPORT OF PAST AND PRESENT MILITARY PERSONNEL

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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 $323

Program Service Revenue $0

Investment Income $0

Other Revenue $121,470

TOTAL REVENUE $121,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,144

Fundraising Expenses $0

Program Expenses $113,266

Other Expenses $60,283

TOTAL EXPENSES $120,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$121,793	$119,387	+0.0%
Expenses	$120,427	$119,064	+0.0%
Net Income	$1,366	$323	+3.2%

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

N/A

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
ARIC L NELLIS JR	QUARTER MASTER	008.00	Officer	$0	$0	$0
DICKRAN S GARBOOSHIAN	CHAPLIN	002.00	Officer	$0	$0	$0
BRADLEY P HANCHARIK	TRUSTEE	002.00	Officer	$0	$0	$0
ROBERT C SULLIVAN	COMMANDER	008.00	Officer	$0	$0	$0
GORDON L PIEREC	TRUSTEE	002.00	Officer	$0	$0	$0
JAMES W RUD	SENIOR VICE	002.00	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
2023	$121,793	$120,427	$265,945	$1,366
2022	$119,387	$119,064	$264,579	$323
2021	$132,270	$130,297	$264,256	$1,973
2020	$88,821	$79,851	$262,283	$8,970
2019	$129,147	$105,094	$258,172	$24,053
2018	$107,063	$100,207	$258,625	$6,856