VETERANS OF FOREIGN WARS POST 629 (EIN 237175152) - 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

1942

Legal Domicile

Principal Officer

JOHN OLIVERO

Phone

3043639481

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS POST 629, founded in 1942, is a small nonprofit in the Public & Societal Benefit sector that reported $308K in total revenue in fiscal year 2024. Expenses of $480K exceeded revenue, resulting in a 56% operating deficit.

Mission

VETERANS ORGANIZATION ALL ACHIEVEMENTS OF ASSOCIATION OF VETERANS OF FOREIGH WARS FELLOWSHIP ACTIVITY AND ASSISTANCE WITH EMOTIONAL AND OR

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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 $302,842

Program Service Revenue $0

Investment Income $4,841

Other Revenue $0

TOTAL REVENUE $307,683

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,802

Fundraising Expenses $0

Other Expenses $408,212

TOTAL EXPENSES $480,014

Year-over-Year Comparison

	2024	2023	Change
Revenue	$307,683	N/A	N/A
Expenses	$480,014	$1,922	+248.7%
Net Income	$-172,331	$-1,922	+88.7%

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

398

Independent Members

398

Employees

Volunteers

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

$36,230

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TABATHA GUM	MANAGER	40.00	Officer	$29,030	$0	$29,030
JOHN OLIVERO	QUARTERMASTER	20.00	Officer	$7,200	$0	$7,200
John Stevens	COMMANDER	20.00	Officer	$0	$0	$0
TRACY WESTERMAN	SR VICE COMMANDER	20.00	Officer	$0	$0	$0
RONNIE BEAFORE	JR VICE COMMANDER	20.00	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
2024	$307,683	$480,014	$168,855	$-172,331
2023	$574,476	$508,348	$163,178	$66,128
2022	$447,403	$542,987	$100,062	$-95,584
2021	$415,213	$491,276	$56,497	$-76,063
2020	$350,565	$507,962	$142,211	$-157,397
2019	$549,273	$477,461	$203,624	$71,812
2018	$541,390	$649,693	$165,287	$-108,303
2017	$760,269	$718,272	$272,622	$41,997

VETERANS OF FOREIGN WARS POST 629