FRIENDS OF THE DELAWARE VETERANS HOME INC

EIN: 203369554 501(c)(3) Public & Societal Benefit

DOVER, DE

Total Revenue
$7,208
Total Expenses
$1,613
Total Assets
$39,936
Net Assets
$39,936
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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
2008
Legal Domicile
DE
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF THE DELAWARE VETERANS HOME INC, founded in 2008, is a micro nonprofit in the Public & Societal Benefit sector that reported $7K in total revenue in fiscal year 2025. The organization ran a surplus of $6K, a strong 78% operating margin.

Mission

THE FRIENDS OF THE DELAWARE VETERANS HOME, INC WAS FORMED TO SUPPORT THE DELAWARE VETERANS HOME

Program Service Accomplishments

Program 1
Expenses: $1,613 Revenue: $5,483

THE FRIENDS OF THE DELAWARE VETERANS HOME, INC WAS FORMED TO SUPPORT THE DELAWARE VETERANS HOME BY RAISING AWARENESS AND ADVOCACY FOR THE HOME. THE FRIENDS RAISE FUNDS TO SUPPORT AND ENHANCE...

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THE FRIENDS OF THE DELAWARE VETERANS HOME, INC WAS FORMED TO SUPPORT THE DELAWARE VETERANS HOME BY RAISING AWARENESS AND ADVOCACY FOR THE HOME. THE FRIENDS RAISE FUNDS TO SUPPORT AND ENHANCE CONSTRUCTION, MAINTENANCE, OPERATIONS, ACTIVITIES, PROGRAMS AND CONTENTS OF THE DELAWARE VETERANS HOME. THE FRIENDS ALSO WORK TO RAISE FUNDS FOR THE PURCHASE OR RENTAL OF MEDICAL EQUIPMENT FOR RESIDENTS OF THE HOME.

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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 (2025)

Revenue Breakdown

Contributions & Grants $5,483
Program Service Revenue $0
Investment Income $1,725
Other Revenue $0
TOTAL REVENUE $7,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,613
Other Expenses $1,613
TOTAL EXPENSES $1,613

Year-over-Year Comparison

2025 2024 Change
Revenue $7,208 $7,208 N/A
Expenses $1,613 $1,613 N/A
Net Income $5,595 $5,595 N/A
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
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARENCE KIRBY 1 INDIVIDUAL TRUSTEES OR DIRECTORS 0.00
Director
$0 $0 $0
TERRY WILEY 1 INDIVIDUAL TRUSTEES OR DIRECTORS 0.00
Director
$0 $0 $0
EARL JACQUES 1 INDIVIDUAL TRUSTEES OR DIRECTORS 0.00
Director
$0 $0 $0
ANGELA SHOWELL 1 INDIVIDUAL TRUSTEES OR DIRECTOR 0.00
Director
$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 $7,208 $1,613 $39,936 $5,595
2024 $6,771 $1,645 $34,340 $5,126
2023 $6,627 $3,216 $29,160 $3,411
2022 $61,687 $523,008 $25,749 $-461,321
2021 $234,727 $46,541 $486,970 $188,186
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