BLOOMFIELD SAVAGE POST 970 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

1923

Legal Domicile

Principal Officer

THOMAS E PARKER

Phone

5856577467

Tax Period

2022-09-01 to 2023-08-31

BLOOMFIELD SAVAGE POST 970 INC, founded in 1923, is a micro nonprofit that reported $120 in total revenue in fiscal year 2022. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 6694% operating deficit.

Mission

VETERAN'S ORGANIZATION

Program Service Accomplishments

Program 1

1. Promoting the social welfare needs of the community.2. Assisting needy and disabled veterans and widows and orphans of deceasedveterans.3. Providing entertainment, care, and assistance to...

1. Promoting the social welfare needs of the community.2. Assisting needy and disabled veterans and widows and orphans of deceasedveterans.3. Providing entertainment, care, and assistance to hospitalized veterans ormembers of the Armed Forces of the United States.4. Perpetuating the memory of veterans and comforting their survivors.5. Conducting programs for religious, charitable, scientific, literary, or educationalpurposes.6. Sponsoring or participating in patriotic activities.7. Providing insurance benefits to members and/or their dependents.8. Providing social and recreational activities for 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $120

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $120

Expense Breakdown

Grants Paid $6,999

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,154

TOTAL EXPENSES $8,153

Year-over-Year Comparison

	2022	2021	Change
Revenue	$120	$1,046	-0.9%
Expenses	$8,153	$31,922	-0.7%
Net Income	$-8,033	$-30,876	-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

N/A

Employees

N/A

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
THOMAS E PARKER	Treasurer	0.00	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	$120	$8,153	No data	$-8,033
2022	$1,046	$31,922	$8,033	$-30,876