VETERANS OF FOREIGN WARS OF THE 554

EIN: 250921870

SOMERSET, PA

Total Revenue
$344,086
Total Expenses
$360,515
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
PA
Principal Officer
RICHARD LUTHER
Phone
8144456879
Tax Period
2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE 554, founded in 1929, is a small nonprofit that reported $344K in total revenue in fiscal year 2023.

Mission

THE MISSION OF VFW POST 554 IS TO PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS' PAST AND PRESENT MEMBERS OF THE ARMED FORCES OF THE UNITED STATES OF AMERICA WHO SERVED IN WARS ON FOREIGN SOIL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,917
Program Service Revenue $309
Investment Income $3,395
Other Revenue $332,465
TOTAL REVENUE $344,086

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,360
Fundraising Expenses $0
Program Expenses $0
Other Expenses $221,155
TOTAL EXPENSES $360,515

Year-over-Year Comparison

2023 2022 Change
Revenue $344,086 $360,367 0.0%
Expenses $360,515 $277,176 +0.3%
Net Income $-16,429 $83,191 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
6
Volunteers
20

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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY L MENEAR COMMANDER 35.00
Officer
$0 $0 $0
HAROLD GARY SR VICE COMMANDER 25.00
Officer
$0 $0 $0
ROGER L PYLE JR VICE COMMANDER 5.00
Officer
$0 $0 $0
RICHARD D LUTHER QUARTERMASTER/ADJUANT 5.00
Officer
$0 $0 $0
JERRY W REEDY TRUSTEE 15.00
Director
$0 $0 $0
PATRICK SCHAMING CHAPLAIN 1.00
Director
$0 $0 $0
ROBERT E SHAW TRUSTEE 1.00
$0 $0 $0
TODD J THOMAS SERVICE OFFICER 1.00
$0 $0 $0
FRANK G THOMAS TRUSTEE 1.00
$0 $0 $0
JOHN E MCNAUL SURGEON 1.00
$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 $344,086 $360,515 No data $-16,429
2022 $360,367 $277,176 No data $83,191
2021 $65,244 $153,291 No data $-88,047
2020 $94,101 $160,237 $122,642 $-66,136
2019 $189,720 $247,821 $147,100 $-58,101
2018 $194,586 $173,859 $168,524 $20,727
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VETERANS OF FOREIGN WARS OF THE 554 with other nonprofits in Pennsylvania and across the country.