VETERANS OF FOREIGN WARS OF THE 1662 VFW (EIN 237419732) - 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

1970

Legal Domicile

Principal Officer

SCOTT MCHUGH

Phone

4409888102

Tax Period

2024-01-01 to 2024-12-31

VETERANS OF FOREIGN WARS OF THE 1662 VFW, founded in 1970, is a small nonprofit that reported $258K in total revenue in fiscal year 2024. Expenses of $233K left a modest 9% surplus.

Mission

THE ORGANIZATION PROVIDES SERVICES TO PAST OR CURRENT MEMBERS OF THE ARMED FORCES

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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 $6,805

Program Service Revenue $25,844

Investment Income $0

Other Revenue $224,998

TOTAL REVENUE $257,647

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,078

Fundraising Expenses $0

Other Expenses $130,136

TOTAL EXPENSES $233,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,647	$247,969	+0.0%
Expenses	$233,214	$210,561	+0.1%
Net Income	$24,433	$37,408	-0.3%

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

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

$20,086

Total Directors

$20,086

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN WHELAN	CHAPLAIN	20.00	Officer Director	$0	$0	$0
MIKE HAZZARD	TRUSTEE	1.00	Officer Director	$0	$0	$0
JOHN PENA	TRUSTEE	1.00	Officer Director	$0	$0	$0
JOSE TORRES	COMMANDER	1.00	Officer Director	$0	$0	$0
MARTY MOORE	TRUSTEE	1.00	Officer Director	$0	$0	$0
STEVE MORAN	JR VICE COMMANDER	1.00	Officer Director	$0	$0	$0
MIKE HAZZARD	QUARTERMASTER	20.00	Officer Director	$17,600	$0	$17,600
CARMENCITA ABUTIN-MCHUGH	CANTEEN MANAGER	20.00	Officer Director	$2,486	$0	$2,486

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	$257,647	$233,214	$554,358	$24,433
2023	$247,969	$210,561	$529,925	$37,408
2022	$210,889	$206,574	$492,517	$4,315
2021	$211,636	$178,760	$488,202	$32,876
2020	$156,380	$161,503	$455,326	$-5,123
2019	$204,870	$234,545	$460,449	$-29,675
2018	$219,901	$245,652	$494,124	$-25,751

VETERANS OF FOREIGN WARS OF THE 1662 VFW