VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF PA 2006 MEADVILLE

EIN: 256092848

MEADVILLE, PA

Total Revenue
$84,616
Total Expenses
$156,092
Total Assets
$1,624,862
Net Assets
$1,529,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
PA
Principal Officer
RICHARD KRANKOTA
Phone
8143338444
Tax Period
2022-07-01 to 2023-06-30

VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF PA 2006 MEADVILLE, founded in 1933, is a micro nonprofit that reported $85K in total revenue in fiscal year 2022. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $156K exceeded revenue, resulting in a 84% operating deficit.

Mission

TO ASSIST WORTHY COMRADES AND PROVIDE A FRATERNAL, PATRIOTIC, HISTORICAL AND EDUCATIONAL ORGANIZATION FOR ITS MEMBERS AND 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $32,043
Program Service Revenue $4,634
Investment Income $9
Other Revenue $47,930
TOTAL REVENUE $84,616

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,428
Fundraising Expenses $0
Program Expenses $149,664
Other Expenses $139,576
TOTAL EXPENSES $156,092

Year-over-Year Comparison

2022 2021 Change
Revenue $84,616 $46,332 +0.8%
Expenses $156,092 $138,318 +0.1%
Net Income $-71,476 $-91,986 -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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Governance

Voting Members
11
Independent Members
10
Employees
1
Volunteers
42

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
$6,000
Total Directors
11
$6,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD KRANKOTA COMMANDER 3.25
Officer Director
$0 $0 $0
JOHN AMATO SR. VICE COMMANDER 3.25
Officer Director
$0 $0 $0
BRANDON GROVE JR. VICE COMMANDER 1.00
Officer Director
$0 $0 $0
CHARLES D SCHWAB CHAPLAIN 0.50
Director
$0 $0 $0
RUSSELL MCKINSEY TRUSTEE 0.50
Director
$0 $0 $0
STEPHEN CARROLL TRUSTEE/SERVICE OFFICER 0.50
Director
$0 $0 $0
DAVID KEISEL TRUSTEE 0.50
Director
$0 $0 $0
HENRY SPARBER JR ADJUTANT 1.00
Director
$0 $0 $0
KENNETH E MILLER ADVOCATE 3.25
Director
$0 $0 $0
MARK CRABB SURGEON/BOARD MEMBER 2.25
Director
$0 $0 $0
JOHN F DEEGAN QUARTERMASTER 14.25
Officer Director
$6,000 $0 $6,000
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 No data No data No data No data
2024 No data No data No data No data
2023 $84,616 $156,092 $1,624,862 $-71,476
2022 $46,332 $138,318 $1,702,609 $-91,986
2021 $40,051 $122,627 $1,800,520 $-82,576
2020 $71,267 $157,757 $1,888,592 $-86,490
2019 $104,723 $175,672 $1,980,478 $-70,949
2018 $61,686 $118,548 $2,005,499 $-56,862
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