VETERANS IN NEED FOUNDATION INC (EIN 270434060) - 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

JOSEPH HADDY

Tax Period

2023-01-01 to 2023-12-31

VETERANS IN NEED FOUNDATION INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $156K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring.

Mission

VINF provides compassionate assistance to Veterans on a weekly basis including financial assistance, housing, transportation & employment training.

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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 $156,290

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $156,290

Expense Breakdown

Grants Paid $2,955

Salaries & Benefits $26,319

Fundraising Expenses $0

Program Expenses $85,705

Other Expenses $134,117

TOTAL EXPENSES $163,391

Year-over-Year Comparison

	2023	2022	Change
Revenue	$156,290	$452,141	-0.7%
Expenses	$163,391	$515,364	-0.7%
Net Income	$-7,101	$-63,223	-0.9%

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

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

$8,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH HADDY	PRESIDENT	20.00	Officer Highest	$8,100	$0	$8,100
MATTHEW JENNINGS	DIRECTOR	5.00	Director	$0	$0	$0
JAMES HARRIS	SECRETARY	20.00	Key Emp	$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	$156,290	$163,391	$25,779	$-7,101
2021	$498,329	$492,717	$429,857	$5,612
2020	$739,331	$892,555	$92,860	$-153,224
2019	$1,568,262	$1,554,771	$82,099	$13,491
2018	$980,665	$1,022,984	$65,845	$-42,319

VETERANS IN NEED FOUNDATION INC