VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NEW YORK

EIN: 237304490

COOPERSTOWN, NY

Total Revenue
$268,294
Total Expenses
$1,751
Total Assets
$296,921
Net Assets
$296,921
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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
1984
Legal Domicile
NY
Tax Period
2022-01-01 to 2022-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NEW YORK, founded in 1984, is a small nonprofit that reported $268K in total revenue in fiscal year 2022. The organization ran a surplus of $267K, a strong 99% operating margin.

Mission

Military fraternal organization for veterans and family.

Program Service Accomplishments

Program 1
Expenses: $218 Revenue: $0

provide military honors to veterans at funerals services

Program 2
Expenses: $0 Revenue: $0

Purchase and install military grave markers for veterans

Program 3
Expenses: $0 Revenue: $0

Provide Honor Guard to local schools for flag ceremonies.

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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 (2022)

Revenue Breakdown

Contributions & Grants $271,290
Program Service Revenue $0
Investment Income $2,370
Other Revenue $-5,366
TOTAL REVENUE $268,294

Expense Breakdown

Grants Paid $1,150
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218
Other Expenses $383
TOTAL EXPENSES $1,751

Year-over-Year Comparison

2022 2021 Change
Revenue $268,294 N/A N/A
Expenses $1,751 N/A N/A
Net Income $266,543 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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Governance

Voting Members
146
Independent Members
146
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Floyd Bourne Commander 5.00
Officer
$0 $0 $0
David Sanford Quartermaster 2.00
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
2022 $268,294 $1,751 $296,921 $266,543
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