VFW HOME ASSOCIATION (EIN 240784549) - 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

1946

Legal Domicile

Principal Officer

HAROLD BREDBENNER

Phone

5706360160

Tax Period

2023-01-01 to 2023-12-31

VFW HOME ASSOCIATION, founded in 1946, is a small nonprofit that reported $194K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $236K exceeded revenue, resulting in a 22% operating deficit.

Mission

HOME ASSOCIATION PROJECTS AND ACTIVITIES TO PROMOTE SOCIAL WELFARE OF THE MEMBERS 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 $5,124

Program Service Revenue $0

Investment Income $14,651

Other Revenue $174,112

TOTAL REVENUE $193,887

Expense Breakdown

Grants Paid $100

Salaries & Benefits $111,624

Fundraising Expenses $0

Other Expenses $124,330

TOTAL EXPENSES $236,054

Year-over-Year Comparison

	2023	2022	Change
Revenue	$193,887	$226,155	-0.1%
Expenses	$236,054	$188,661	+0.3%
Net Income	$-42,167	$37,494	-2.1%

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

241

Independent Members

N/A

Employees

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

$23,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS PALKO	TREASURER	10.00	Officer	$23,000	$0	$23,000
MANUAL AMORIN	VICE PRESIDENT	4.00	Officer	$0	$0	$0
HAROLD BREDBENNER	PRESIDENT	4.00	Officer	$0	$0	$0
THERESA SWEENEY	SECRETARY	4.00	Officer	$0	$0	$0
PAUL BOGANSKY	TRUSTEE	4.00	Officer	$0	$0	$0
FRANK SWEENEY	TRUSTEE	4.00	Officer	$0	$0	$0
RAYMOND CLYMER JR	TRUSTEE	4.00	Officer	$0	$0	$0
MARY VANBLARGAN	TRUSTEE	4.00	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	$193,887	$236,054	$369,312	$-42,167
2022	$226,155	$188,661	$409,895	$37,494
2021	$223,517	$205,336	$372,366	$18,181
2020	$149,762	$152,312	$354,200	$-2,550
2019	$216,780	$214,280	$356,747	$2,500

VFW HOME ASSOCIATION