VETERANS OF FOREIGN WARS DEPARTMENT

EIN: 237141661

Moline, IL

Total Revenue
$44,050
Total Expenses
$54,455
Total Assets
$119,607
Net Assets
$107,912
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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
1951
Legal Domicile
IL
Principal Officer
RICHARD E HEAD JR
Tax Period
2020-07-01 to 2021-06-30

VETERANS OF FOREIGN WARS DEPARTMENT, founded in 1951, is a micro nonprofit that reported $44K in total revenue in fiscal year 2020. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 24% operating deficit.

Mission

SUPPORT TO VETERANS OF FOREIGN WARS

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $6,586
Program Service Revenue $0
Investment Income $152
Other Revenue $37,312
TOTAL REVENUE $44,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,698
Fundraising Expenses $0
Program Expenses $54,455
Other Expenses $35,757
TOTAL EXPENSES $54,455

Year-over-Year Comparison

2020 2019 Change
Revenue $44,050 $71,641 -0.4%
Expenses $54,455 $92,316 -0.4%
Net Income $-10,405 $-20,675 -0.5%
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

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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
12

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
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDGE D MATTHEW JR VICE PRES 10.00
Officer
$0 $0 $0
PAULA DEDONCKER TREASURER 30.00
Officer
$0 $0 $0
RICHARD E HEAD JR PRESIDENT 10.00
Officer
$0 $0 $0
WILLIAM J HAMPTON IV SR VICE PRES 10.00
Officer
$0 $0 $0
LORI DEDONCKER CANTEEN MANAGER 30.00
Key Emp
$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 $44,050 $54,455 $119,607 $-10,405
2020 $71,641 $92,316 $129,471 $-20,675
2019 $91,894 $105,470 $140,653 $-13,576
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