REX FIELD POST 901 VETERANS VFW ELMIRA

EIN: 161581020

ELMIRA, NY

Total Revenue
$93,973
Total Expenses
$101,449
Total Assets
$245,398
Net Assets
$245,398
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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
1937
Principal Officer
WILLIAM QUERRY
Phone
6077343927
Tax Period
2024-01-01 to 2024-12-31

REX FIELD POST 901 VETERANS VFW ELMIRA, founded in 1937, is a micro nonprofit that reported $94K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $245K represent 31 months of operating reserves.

Mission

PROVIDE SOCIAL SERVICES TO MEMBERS OF THE ORGANIZATION VETERANS OF FOREIGN WARS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,552
Program Service Revenue $3,463
Investment Income $0
Other Revenue $77,958
TOTAL REVENUE $93,973

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $101,449
TOTAL EXPENSES $101,449

Year-over-Year Comparison

2024 2023 Change
Revenue $93,973 $69,609 +0.4%
Expenses $101,449 $59,089 +0.7%
Net Income $-7,476 $10,520 -1.7%
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

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Governance

Voting Members
5
Independent Members
5
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE PLUMBLEY QUARTERMASTE N/A
Officer
$0 $0 $0
WILLIAM QUERRY COMMANDER N/A
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
2024 $93,973 $101,449 $245,398 $-7,476
2023 $69,609 $59,089 $252,639 $10,520
2022 $44,643 $58,688 $241,884 $-14,045
2021 $66,072 $60,924 $255,695 $5,148
2020 $51,374 $48,856 $252,735 $2,518
2019 $71,893 $57,778 $256,637 $14,115
2018 $73,898 $58,349 $271,529 $15,549
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