VETERANS OF FOREIGN WARS POST 491 (EIN 226077595) - 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

1964

Legal Domicile

Phone

6095859645

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS POST 491, founded in 1964, is a small nonprofit that reported $180K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $415K exceeded revenue, resulting in a 131% operating deficit.

Mission

TO ASSIST DISABLED AND NEEDY WAR VETERANS AND THEIR FAMILIES, ASSIST WIDOWS AND CHILDREN OF DECEASED VETERANS, ASSIST MEMBERS OF THE ARMED FORCES.

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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 $7,663

Program Service Revenue $0

Investment Income $5,164

Other Revenue $166,704

TOTAL REVENUE $179,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,639

Fundraising Expenses $0

Other Expenses $325,610

TOTAL EXPENSES $415,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,531	$203,094	-0.1%
Expenses	$415,249	$175,631	+1.4%
Net Income	$-235,718	$27,463	-9.6%

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

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
RON STEWARD	TRUSTEE	5.00	Director	$0	$0	$0
ED ROSINA	TRUSTEE	5.00	Director	$0	$0	$0
PAUL MATLACK	TRUSTEESURGEON	5.00	Officer Director	$0	$0	$0
LORRY MENDEZ	QUARTERMASTER	20.00	Officer	$0	$0	$0
TERRY SMITH	COMMANDER	25.00	Officer	$0	$0	$0
ED MAZZEO Jr	JUNIOR VICE COMMANDERSERV OFFICER	10.00	Officer	$0	$0	$0
LARRY OSWALD	SR VICE COMMANDER	15.00	Officer	$0	$0	$0
STANLEY OLSZAK	CHAPLIN	5.00	Officer	$0	$0	$0
LUCAS LOPEZ	ADJUTANTJUDGE ADVOCATE	5.00	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
2024	$179,531	$415,249	$536,560	$-235,718
2023	$203,094	$175,631	$774,748	$27,463
2022	$297,311	$168,984	$784,639	$128,327
2021	$264,097	$151,431	$679,964	$112,666
2020	$232,936	$114,047	$535,838	$118,889

VETERANS OF FOREIGN WARS POST 491