VETERANS OF FOREIGN WARS POST 6364

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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

1966

Legal Domicile

Principal Officer

MICHAEL R PURCELL

Phone

8048333485

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS POST 6364, founded in 1966, is a small nonprofit that reported $244K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Net assets of $1.5M represent 72 months of operating reserves.

Mission

FACILITY SERVICE VETERANS OF FOREIGN WARS. THE POST PROVIDES A LOCATION FOR FRATERNIZATION OF VETERANS WHO SERVED THE USA IN FOREIGN WARS. MEMBERS ALSO VISIT VETERAN'S ADMINISTRATION HOSPITALS TO MEET WITH CURRENT AND FORMER SERVICE MEMBERS WHILE THEY ARE IN TREATMENT.

Program Service Accomplishments

Program 1

ASSIST LOCAL VETERANS IN FINANCIAL DIFFICULTY ON A VERY LIMITED BASIS.

Program 2

PROVIDE A MEETING PLACE FOR VETERANS OF THE ARMED SERVICES TO MEET, SHARE EXPERIENCES AND DEVELOP FRIENDSHIPS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,132

Program Service Revenue $5,738

Investment Income $9,725

Other Revenue $198,407

TOTAL REVENUE $244,002

Expense Breakdown

Grants Paid $34,095

Salaries & Benefits $85,780

Fundraising Expenses $0

Other Expenses $121,302

TOTAL EXPENSES $246,693

Year-over-Year Comparison

	2023	2022	Change
Revenue	$244,002	$198,417	+0.2%
Expenses	$246,693	$235,096	+0.0%
Net Income	$-2,691	$-36,679	-0.9%

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
JACK R BOLES	TRUSTEE	5.00	Officer Director	$0	$0	$0
RUSSELL A CAMPEAU	JUDGE ADVOCA	5.00	Officer Director	$0	$0	$0
MARTIN J CURRY	TRUSTEE	5.00	Officer Director	$0	$0	$0
JAMES M DUNHAM	QUARTERMASTE	5.00	Officer Director	$0	$0	$0
JAMES M DUNHAM	ADJUTANT	1.00	Officer Director	$0	$0	$0
FRANK J FAIR	TRUSTEE	5.00	Officer Director	$0	$0	$0
ERIC C FIELD	SENIOR VICE	5.00	Officer Director	$0	$0	$0
JEFFREY D GRIEVES	SERVICE OFFI	5.00	Officer Director	$0	$0	$0
MAURICE L NAYLON	JUNIOR VICE	5.00	Officer Director	$0	$0	$0
MARK OWENS	SURGEON	5.00	Officer Director	$0	$0	$0
JAMES PICKRAL	CHAPLAIN	5.00	Officer Director	$0	$0	$0
MICHAEL R PURCELL	COMMANDER	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$244,002	$246,693	$1,474,142	$-2,691
2022	$198,417	$235,096	$1,418,395	$-36,679
2021	$261,459	$237,632	$1,558,177	$23,827
2020	$180,482	$182,372	$1,476,127	$-1,890
2019	$272,135	$214,652	$1,424,364	$57,483
2018	$409,183	$247,680	$1,317,502	$161,503