MCKEAN COUNTY VETERANS CLUB

EIN: 251709188

Smethport, PA

Total Revenue
$308,051
Total Expenses
$274,080
Total Assets
$229,161
Net Assets
$223,826
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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
1947
Legal Domicile
PA
Principal Officer
VICTOR MECHANYE
Tax Period
2023-01-01 to 2023-12-31

MCKEAN COUNTY VETERANS CLUB, founded in 1947, is a small nonprofit that reported $308K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $274K left a modest 11% surplus.

Mission

VETERANS AFFAIRS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,845
Program Service Revenue $0
Investment Income $0
Other Revenue $300,206
TOTAL REVENUE $308,051

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,577
Fundraising Expenses $0
Program Expenses $274,080
Other Expenses $146,503
TOTAL EXPENSES $274,080

Year-over-Year Comparison

2023 2022 Change
Revenue $308,051 $224,531 +0.4%
Expenses $274,080 $226,572 +0.2%
Net Income $33,971 $-2,041 -17.6%
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

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Governance

Voting Members
70
Independent Members
70
Employees
12
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD ANDERSON QUARTERMASTER 0.00
Officer
$0 $0 $0
VICTOR MECHANYE PRESIDENT 0.00
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 $308,051 $274,080 $229,161 $33,971
2022 $224,531 $226,572 $194,590 $-2,041
2021 $198,961 $188,265 $194,222 $10,696
2020 $116,583 $122,725 $182,416 $-6,142
2019 $199,405 $189,356 $190,782 $10,049
2018 $178,246 $162,210 $180,431 $16,036
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