NATIONAL ASSOCIATION OF VETERANS & FAMILIES INC (EIN 262016374) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

JOE SOLSONA

Phone

9043943904

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF VETERANS & FAMILIES INC, founded in 2008, is a small nonprofit in the Public & Societal Benefit sector that reported $150K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EDUCATION AND ASSISTANCE TO SENIOR VETERANS IN QUALIFYING FOR AND MAINTAINING VA BENEFITS FOR HOMECARE, ASSISTED LIVING AND NURSING HOME CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $144,698

Program Service Revenue $0

Investment Income $49

Other Revenue $5,600

TOTAL REVENUE $150,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,284

Fundraising Expenses $0

Program Expenses $148,980

Other Expenses $58,236

TOTAL EXPENSES $150,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,347	$101,377	+0.5%
Expenses	$150,520	$190,039	-0.2%
Net Income	$-173	$-88,662	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL BEAN	DIRECTOR	N/A	Director	$0	$0	$0
MARK DAVID	DIRECTOR	N/A	Director	$0	$0	$0
LEN FRITZ	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS KAUFFMANN	DIRECTOR	N/A	Director	$0	$0	$0
LOYD PYLE	DIRECTOR	N/A	Director	$0	$0	$0
JOE SOLSONA	PRESIDENT/EX	N/A	Officer 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
2025	No data	No data	No data	No data
2024	$150,347	$150,520	$16,596	$-173
2023	$101,377	$190,039	$15,292	$-88,662
2022	$183,485	$143,765	$49,100	$39,720
2021	$204,335	$204,244	$18,880	$91
2020	$207,025	$268,330	$18,789	$-61,305
2019	$321,294	$283,810	$49,304	$37,484
2018	$208,022	$208,081	$170	$-59

NATIONAL ASSOCIATION OF VETERANS & FAMILIES INC