VETERANS BREAKFAST CLUB (EIN 264633657) - 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

2009

Legal Domicile

Principal Officer

MIKE CHEROCK

Phone

4123763808

Tax Period

2023-01-01 to 2023-12-31

VETERANS BREAKFAST CLUB, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $330K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $397K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO CREATE COMMUNITIES OF LISTENING AROUND VETERANS AND THEIR STORIES TO ENSURE THAT THIS LIVING HISTORY WILL NEVER BE FORGOTTEN. WE BELIEVE THAT THROUGH OUR WORK, PEOPLE WILL BE EDUCATED, HEALED AND INSPIRED.

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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 $196,445

Program Service Revenue $91,243

Investment Income $6,800

Other Revenue $35,024

TOTAL REVENUE $329,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,243

Fundraising Expenses $16,581

Program Expenses $323,573

Other Expenses $228,958

TOTAL EXPENSES $397,201

Year-over-Year Comparison

	2023	2022	Change
Revenue	$329,512	$411,017	-0.2%
Expenses	$397,201	$349,739	+0.1%
Net Income	$-67,689	$61,278	-2.1%

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

$98,385

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD DEPASTINO	EXECUTIVE DI	40.00	Officer	$93,700	$4,685	$98,385
MIKE CHEROCK	PRESIDENT	4.00	Officer Director	$0	$0	$0
GLENN FLICKINGER	BOARD MEMBER	2.00	Director	$0	$0	$0
SHARON GEORGE	BOARD MEMBER	2.00	Director	$0	$0	$0
LAURA GOOSSEN	BOARD MEMBER	2.00	Director	$0	$0	$0
HENRY LAMONT GOURDINE	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK KELLY	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN PIPPY	BOARD MEMBER	2.00	Director	$0	$0	$0
AMBER SPELLS	TREASURER	2.00	Director	$0	$0	$0
HUGHES TURNER	BOARD MEMBER	2.00	Director	$0	$0	$0
BRAD WASHABAUGH	BOARD MEMBER	N/A	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	$329,512	$397,201	$328,519	$-67,689
2022	$411,017	$349,739	$411,131	$61,278
2021	$274,673	$316,800	$456,967	$-42,127
2020	$209,431	$339,178	$392,866	$-129,747
2019	$371,643	$445,703	$507,471	$-74,060
2018	$674,764	$365,800	$580,215	$308,964

VETERANS BREAKFAST CLUB