VETERANS OF FOREIGN WARS DEPARTMENT (EIN 237304494) - 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

1990

Legal Domicile

Principal Officer

JOSEPH COGNITORE

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS DEPARTMENT, founded in 1990, is a small nonprofit that reported $223K in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 45% operating margin.

Mission

TO SUPPORT ALL VETERANS AND THE COMMUNITY

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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 $152,345

Program Service Revenue $0

Investment Income $3,940

Other Revenue $66,578

TOTAL REVENUE $222,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $121,585

Other Expenses $121,585

TOTAL EXPENSES $121,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$222,863	$140,024	+0.6%
Expenses	$121,585	$123,171	0.0%
Net Income	$101,278	$16,853	+5.0%

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

N/A

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

$20

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY SUZICK	JUNIOR VICE	15.00	Officer	$20	$0	$20
DANIEL GUIDA	QUARTERMASTER	20.00	Officer	$0	$0	$0
JOSEPH COGNITORE	COMMANDER	20.00	Officer	$0	$0	$0
MICHAEL WERN	SENIOR VICE	5.00	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	No data	No data	No data	No data
2023	$222,863	$121,585	$164,890	$101,278
2022	$140,024	$123,171	$63,612	$16,853
2021	$101,564	$92,842	$46,759	$8,722
2020	$72,838	$71,606	$38,037	$1,232

VETERANS OF FOREIGN WARS DEPARTMENT