ARMISTICE POST NO 1616 VETERANS OF FOREIGN WARS OF (EIN 226063594) - 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

1960

Legal Domicile

Principal Officer

GLENN R GAPPO

Tax Period

2021-01-01 to 2021-12-31

ARMISTICE POST NO 1616 VETERANS OF FOREIGN WARS OF, founded in 1960, is a micro nonprofit that reported $46K in total revenue in fiscal year 2021. Expenses of $77K exceeded revenue, resulting in a 68% operating deficit.

Mission

ASSISTING DISABLED AND NEEDY WAR VETERANS AND MEMBERS OF THE US ARMED FORCES AND THEIR DEPENDENTS, AND THE WIDOWS AND ORPHANS OF DECEASED VETERANS. PROMOTE SOCIAL AND RECREATIONAL ACTIVITIES FOR THEIR MEMBERS. SPONSORING OR PARTICIPATING IN ACTIVITIES OF A PATRIOTIC NATURE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $8,670

Program Service Revenue $0

Investment Income $103

Other Revenue $37,279

TOTAL REVENUE $46,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,216

Other Expenses $77,483

TOTAL EXPENSES $77,483

Year-over-Year Comparison

	2021	2020	Change
Revenue	$46,052	$47,963	0.0%
Expenses	$77,483	$36,651	+1.1%
Net Income	$-31,431	$11,312	-3.8%

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

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
WAYNE P TREMARK	JUNIOR VICE COMMANDER	10.00	Officer	$0	$0	$0
CLIFFORD R SAUER	QUARTERMASTER	20.00	Officer	$0	$0	$0
GLENN R GAPPO	COMMANDER	10.00	Officer	$0	$0	$0
JOHN J KROUSE	SENIOR VICE COMMANDER	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
2021	$46,052	$77,483	$307,773	$-31,431
2020	$47,963	$36,651	$348,460	$11,312
2019	$31,597	$33,520	$207,704	$-1,923
2018	$31,189	$32,520	$209,627	$-1,331

ARMISTICE POST NO 1616 VETERANS OF FOREIGN WARS OF