VETERANS OF FOREIGN WARS POST 328 (EIN 237098701) - 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

1920

Legal Domicile

Principal Officer

ROBIN L DROGSVOLD

Phone

6088739042

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS POST 328, founded in 1920, is a small nonprofit that reported $654K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $218K, a strong 33% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO ACKNOWLEDGE THE VETERANS OF FOREIGN WARS AND FURTHER THEIR WELL-BEING.

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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 $225,458

Program Service Revenue $5,251

Investment Income $15,811

Other Revenue $407,581

TOTAL REVENUE $654,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,489

Fundraising Expenses $0

Other Expenses $186,864

TOTAL EXPENSES $436,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$654,101	$460,458	+0.4%
Expenses	$436,353	$400,011	+0.1%
Net Income	$217,748	$60,447	+2.6%

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

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
ROBIN L DROGSVOLD	COMMANDER	5.00	Officer	$0	$0	$0
MICHAEL L REY	SR VICE COMM	2.00	Officer	$0	$0	$0
DENNIS L SCHWENN	QUARTERMASTE	3.00	Officer	$0	$0	$0
JORDAN S TILLESON	JR VICE COMM	2.00	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	$654,101	$436,353	$1,067,744	$217,748
2024	$496,934	$384,465	$650,208	$112,469
2024	No data	No data	No data	No data
2023	$395,173	$338,678	$544,632	$56,495
2022	$339,856	$301,845	$495,744	$38,011
2021	$112,416	$190,298	$426,485	$-77,882
2020	$142,805	$108,931	$418,469	$33,874
2019	$222,842	$135,039	$385,412	$87,803

VETERANS OF FOREIGN WARS POST 328