VIETNAM VETERANS OF AMERICA - CHAP 542 (EIN 251645316) - 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

1986

Legal Domicile

Phone

7175619542

Tax Period

2024-03-01 to 2025-02-28

VIETNAM VETERANS OF AMERICA - CHAP 542, founded in 1986, is a micro nonprofit that reported $7K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 720% operating deficit.

Mission

TO ASSIST VIETNAM VETS AND FAMILIES

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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 $15,613

Program Service Revenue $3,000

Investment Income $3,296

Other Revenue $-15,004

TOTAL REVENUE $6,905

Expense Breakdown

Grants Paid $14,147

Salaries & Benefits $0

Fundraising Expenses $1,350

Program Expenses $51,183

Other Expenses $42,440

TOTAL EXPENSES $56,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,905	$20,901	-0.7%
Expenses	$56,587	$61,459	-0.1%
Net Income	$-49,682	$-40,558	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILBUR RHODES	Vice President	3.00	Officer	$0	$0	$0
ALLEN WELCH	President	12.00	Officer	$0	$0	$0
MICHAEL GROFF	Treasurer	25.00	Officer	$0	$0	$0
RICHARD BURTON	2ND VICE	1.00	Officer	$0	$0	$0
DONALD PERSON	Secretary	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
2025	$6,905	$56,587	$171,056	$-49,682
2024	$20,901	$61,459	$209,691	$-40,558
2023	$28,369	$56,150	$248,854	$-27,781
2022	$217,173	$43,822	$286,930	$173,351
2021	$9,378	$30,446	$138,800	$-21,068
2020	$78,701	$70,430	$145,942	$8,271
2019	$40,129	$62,926	$148,706	$-22,797

VIETNAM VETERANS OF AMERICA - CHAP 542