VETERANS OF FOREIGN WARS DEPT OF MN

EIN: 237108338

BROOKLYN PARK, MN

Total Revenue
$667,251
Total Expenses
$664,700
Total Assets
$504,366
Net Assets
$504,366
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MN
Principal Officer
SCOTT HANSON
Phone
7635603720
Tax Period
2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS DEPT OF MN, founded in 1965, is a small nonprofit that reported $667K in total revenue in fiscal year 2024.

Mission

PROMOTE SOCIAL WELFARE FOR COMMUNITY, ENTERTAINMENT, AND RECREATIONAL ACTIVITIES FOR VETERANS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,300
Program Service Revenue $8,603
Investment Income $13,626
Other Revenue $641,722
TOTAL REVENUE $667,251

Expense Breakdown

Grants Paid $71,723
Salaries & Benefits $294,287
Fundraising Expenses $0
Other Expenses $298,690
TOTAL EXPENSES $664,700

Year-over-Year Comparison

2024 2023 Change
Revenue $667,251 $659,774 +0.0%
Expenses $664,700 $467,128 +0.4%
Net Income $2,551 $192,646 -1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
46
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
4
$6,507
Total Directors
4
$6,507
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE HUNT QUARTERMASTER 1.00
Officer Director
$4,661 $0 $4,661
KEITH BROWN COMMANDER 1.00
Officer Director
$1,846 $0 $1,846
MARK MORTRUD SR. VICE COMMANDER 1.00
Officer Director
$0 $0 $0
EMILIANO CRUZ JR. VICE COMMANDER 1.00
Officer 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 $667,251 $664,700 $504,366 $2,551
2023 $659,774 $467,128 $511,318 $192,646
2022 $443,589 $405,049 $667,034 $38,540
2020 $437,403 $395,282 $565,475 $42,121
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS DEPT OF MN with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.