Veterans of Foreign Wars (EIN 226063555) - Form 990 Financial Analysis & Trantor Score

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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

1922

Legal Domicile

Principal Officer

Brian Cavanagh

Phone

2019254466

Tax Period

2024-01-01 to 2024-12-31

Veterans of Foreign Wars, founded in 1922, is a micro nonprofit that reported $20K in total revenue in fiscal year 2024. Revenue surged 435% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6K, a strong 30% operating margin.

Mission

THE ORGANIZATION EXISTS TO HELP VETERANS OF THE ARMED SERVICES

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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 (2024)

Revenue Breakdown

Contributions & Grants $256

Program Service Revenue $0

Investment Income $19,549

Other Revenue $0

TOTAL REVENUE $19,805

Expense Breakdown

Grants Paid $11,257

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,535

TOTAL EXPENSES $13,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,805	$3,699	+4.4%
Expenses	$13,792	$16,959	-0.2%
Net Income	$6,013	$-13,260	-1.5%

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

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
Richard Lutjen	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE TOMKO	PRESIDENT	1.00	Director	$0	$0	$0
Brian Cavanagh	TREASURER	1.00	Director	$0	$0	$0
Ray Jean	VICE PRESIDENT	1.00	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
2024	$19,805	$13,792	$663,873	$6,013
2023	$3,699	$16,959	$614,211	$-13,260
2022	No data	$9,462	No data	No data
2021	$54,178	$14,931	$707,728	$39,247
2020	$24,839	$4,991	$692,020	$19,848
2019	$49,866	$21,578	$603,268	$28,288
2018	$33,340	$15,865	$576,621	$17,475

Veterans of Foreign Wars