WOUNDED VETERANS RELIEF FUND INC (EIN 262886846) - 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

2012

Legal Domicile

Principal Officer

ROBERT D CHELBERG

Phone

5618554207

Tax Period

2023-01-01 to 2023-12-31

WOUNDED VETERANS RELIEF FUND INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

OUR MISSION IS TO EASE THE BURDEN OF FINANCIAL DISTRESS FOR ELIGIBLE FLORIDA DISABLED VETERANS AND THEIR FAMILIES BY PROVIDING THEM IMMEDIATE FINANCIAL ASSISTANCE. AN ELIGIBLE VETERAN IS DETERMINED TO BE AT LEAST 30% DISABLED AS DETERMINED BY THE VA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,114,028

Program Service Revenue $0

Investment Income $-6,442

Other Revenue $-80,897

TOTAL REVENUE $2,026,689

Expense Breakdown

Grants Paid $1,590,931

Salaries & Benefits $444,861

Fundraising Expenses $126,419

Program Expenses $2,097,245

Other Expenses $362,094

TOTAL EXPENSES $2,397,886

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,026,689	$1,868,337	+0.1%
Expenses	$2,397,886	$1,823,562	+0.3%
Net Income	$-371,197	$44,775	-9.3%

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

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

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE DURKEE	EXECUTIVE DI	40.00	Director	$105,000	$0	$105,000
RAND ALLEN	BOARD MEMBER	0.90	Director	$0	$0	$0
ELLEN ANDEL	SECRETARY	0.90	Officer Director	$0	$0	$0
EUGENE ANDREWS	BOARD MEMBER	0.90	Director	$0	$0	$0
LAUREN BERKSON	BOARD MEMBER	0.90	Director	$0	$0	$0
JIM BROWN	SERGENT AT A	0.90	Officer Director	$0	$0	$0
RUSS CANCILLA	BOARD MEMBER	0.90	Director	$0	$0	$0
BRITTANY CARTWRIGHT	BOARD MEMBER	0.90	Director	$0	$0	$0
ROBERT D CHELBERG	PRESIDENT	0.90	Officer Director	$0	$0	$0
JULIA DATTOLO	BOARD MEMBER	0.90	Director	$0	$0	$0
FRANK DRENNAN	VICE PRESIDE	0.90	Officer Director	$0	$0	$0
GARY HYDE	BOARD MEMBER	0.90	Director	$0	$0	$0
PATRICK J MILLER	BOARD MEMBER	0.90	Director	$0	$0	$0
WILLARD SHEPARD	BOARD MEMBER	0.90	Director	$0	$0	$0
PETER STARK	BOARD MEMBER	0.90	Director	$0	$0	$0
JOHN TASSONE	TREASURER	0.90	Officer Director	$0	$0	$0
HARRY SKIP TAYLOR	BOARD MEMBER	0.90	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	$2,026,689	$2,397,886	$1,710,628	$-371,197
2022	$1,868,337	$1,823,562	$1,870,814	$44,775
2021	$2,917,028	$1,663,792	$1,894,468	$1,253,236
2020	$1,429,282	$1,069,493	$665,728	$359,789
2019	$1,144,737	$1,032,968	$278,421	$111,769
2018	$817,478	$952,564	$171,543	$-135,086

WOUNDED VETERANS RELIEF FUND INC