SHARPSBURG VETERANS ASSOCIATION (EIN 256038910) - 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

1936

Legal Domicile

Principal Officer

HOWARD STRAIN

Phone

4127817771

Tax Period

2023-01-01 to 2023-12-31

SHARPSBURG VETERANS ASSOCIATION, founded in 1936, is a micro nonprofit that reported $88K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $103K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROMOTE THE HEALTH & WELFARE OF MILITARY MEN & WOMEN.

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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 $14,515

Program Service Revenue $0

Investment Income $1

Other Revenue $73,003

TOTAL REVENUE $87,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,495

Fundraising Expenses $0

Other Expenses $90,486

TOTAL EXPENSES $102,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,519	$77,524	+0.1%
Expenses	$102,981	$88,093	+0.2%
Net Income	$-15,462	$-10,569	+0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK CORCORAN	COMMANDER	15.00	Officer	$0	$0	$0
ANTHONY D FRANCIONI	SR VICE COMMANDER	15.00	Officer	$0	$0	$0
DENNIS L DIBON	JR VICE COMMANDER	15.00	Officer	$0	$0	$0
HOWARD P STRAIN	QUARTERMASTER	15.00	Officer Director	$0	$0	$0
WILLIAM T WHITE	CHAPLAIN	5.00	Director	$0	$0	$0
JOHN R STRAIN	TRUSTEE	5.00	Director	$0	$0	$0
LEONARD COLAIZZI	TRUSTEE	5.00	Director	$0	$0	$0
RAYMOND SUTORKA	TRUSTEE	5.00	Director	$0	$0	$0
MATTHEW T BRUDNOK	JUDGE ADVOCATE	5.00	Director	$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	$87,519	$102,981	$162,267	$-15,462
2022	$77,524	$88,093	$158,267	$-10,569
2021	$52,674	$45,448	$97,343	$7,226
2020	$41,872	$48,641	$114,230	$-6,769

SHARPSBURG VETERANS ASSOCIATION