FOREVER YOUNG VETERANS INC

EIN: 260326536 501(c)(3) Health Care

COLLIERVILLE, TN

Total Revenue
$488,369
Total Expenses
$416,526
Total Assets
$237,366
Net Assets
$237,366
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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
2006
Legal Domicile
TN
Principal Officer
LYDIA DIANE HIGHT
Phone
9017943528
Tax Period
2023-01-01 to 2023-12-31

FOREVER YOUNG VETERANS INC, founded in 2006, is a small nonprofit in the Health Care sector that reported $488K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $417K left a modest 15% surplus.

Mission

FOREVER YOUNG VETERANS WORKS TO END SILENT SUFFERING OF VETERANS 65 YEARS OR OLDER BY GRANTING THEIR UNFULFILLED DREAMS, RETURNING THEM TO THE PLACES WHERE THEY FOUGHT, AND BRINGING THEM THE HONOR, HEALING, AND HOPE THEY NEED AND DESERVE.

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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 $343,782
Program Service Revenue $0
Investment Income $796
Other Revenue $143,791
TOTAL REVENUE $488,369

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,648
Fundraising Expenses $0
Program Expenses $254,727
Other Expenses $326,878
TOTAL EXPENSES $416,526

Year-over-Year Comparison

2023 2022 Change
Revenue $488,369 $369,415 +0.3%
Expenses $416,526 $417,582 0.0%
Net Income $71,843 $-48,167 -2.5%
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

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Governance

Voting Members
9
Independent Members
9
Employees
5
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE AGEE BOARD MEMBER 5.00
Director
$0 $0 $0
LUANNE COX VICE PRESIDE 5.00
Officer Director
$0 $0 $0
CAMILLE DIGGS SECRETARY 10.00
Officer Director
$0 $0 $0
SKIP FUNK DIRECTOR 5.00
Director
$0 $0 $0
EMILY GARRETT BOARD MEM/VO 10.00
Director
$0 $0 $0
LYDIA DIANE HIGHT PRESIDENT 55.00
Officer Director
$0 $0 $0
WES PARKER TREASURER 12.00
Officer Director
$0 $0 $0
JACK TAYLOR ADVISOR/FUND 15.00
Director
$0 $0 $0
JIM THOMASSON BOARD MEMBER 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 $488,369 $416,526 $237,366 $71,843
2022 $369,415 $417,582 $165,523 $-48,167
2021 $398,469 $381,214 $213,690 $17,255
2020 $184,243 $225,177 $196,435 $-40,934
2019 $604,845 $495,602 $237,369 $109,243
2019 $604,845 $495,602 $237,369 $109,243
2018 $441,045 $385,500 $128,126 $55,545
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