ARKPORT MEMORIAL POST 1248

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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

1950

Legal Domicile

Principal Officer

WANDA BASSANO

Tax Period

2023-06-01 to 2024-05-31

ARKPORT MEMORIAL POST 1248, founded in 1950, is a small nonprofit that reported $272K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 30% operating margin.

Mission

PRESERVE THE MEMORIES OF WAR VETERANS

Program Service Accomplishments

Program 1

Expenses: $123,084 Revenue: $76,225

PROVIDE SUITABLE MEETING PLACE FOR MEMBERS FOR MEETING OTHER VETERANS OF SOCIAL, RECREATIONAL AND COMMEMORATIVE PURPOSES

Program 2

Expenses: $5,900 Revenue: $3,872

TO SUPPORT THE EFFORTS OF THE MEMBERS IN MUTUAL HELPFULNESS AND SERVICE TO THEIR NEEDS

Program 3

TO UPHOLD AND DEFEND THE US CONSTITUTION

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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 $7,472

Program Service Revenue $0

Investment Income $0

Other Revenue $264,064

TOTAL REVENUE $271,536

Expense Breakdown

Grants Paid $4,878

Salaries & Benefits $129,131

Fundraising Expenses $1,022

Program Expenses $128,984

Other Expenses $55,095

TOTAL EXPENSES $189,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,536	$147,785	+0.8%
Expenses	$189,104	$209,223	-0.1%
Net Income	$82,432	$-61,438	-2.3%

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
WANDA BASSANO	COMMANDER	10.00	Officer	$0	$0	$0
DAVID GATES	TREASURER	5.00	Officer	$0	$0	$0
SHANE STEVENS	QUARTERMASTER	10.00	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	No data	No data	No data	No data
2024	$271,536	$189,104	$234,965	$82,432
2023	$147,785	$209,223	$165,453	$-61,438
2022	$169,881	$167,949	$211,906	$1,932