VETERANS OF FOREIGN WARS DEPT OF MI

EIN: 237157353

LAKEVIEW, MI

Total Revenue
$204,208
Total Expenses
$51,394
Total Assets
$193,973
Net Assets
$193,973
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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
2020
Principal Officer
STACEY ROBERTS
Phone
9894608250
Tax Period
2021-01-01 to 2021-12-31

VETERANS OF FOREIGN WARS DEPT OF MI, founded in 2020, is a small nonprofit that reported $204K in total revenue in fiscal year 2021. The organization ran a surplus of $153K, a strong 75% operating margin.

Mission

TO FOSTER CAMARADERIE AMONG UNITED STATES VETERANS OF OVERSEAS CONFLICTS. TO SERVE OUR VETERANS, THE MILITARY AND OUR COMMUNITIES. TO ADVOCATE ON BEHALF OF ALL VETERANS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $48,518
Program Service Revenue $32,387
Investment Income $0
Other Revenue $123,303
TOTAL REVENUE $204,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,569
Other Expenses $51,394
TOTAL EXPENSES $51,394

Year-over-Year Comparison

2021 2020 Change
Revenue $204,208 N/A N/A
Expenses $51,394 N/A N/A
Net Income $152,814 N/A N/A
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
5
Independent Members
5
Employees
N/A
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CHRISTENSEN JR VICE COMM 1.00
Officer
$0 $0 $0
SUNNI HAGLUND SR VICE COMM 1.00
Officer
$0 $0 $0
STACEY ROBERTS COMMANDER 1.00
Officer
$0 $0 $0
JOHN WICHMAN CHAPLIAN 1.00
Officer
$0 $0 $0
JESSICA WRIGHT QUARTERMASTE 1.00
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
2021 $204,208 $51,394 $193,973 $152,814
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