VETERANS OF FOREIGN WARS OF THE UNITED STATES (EIN 310868031) - 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

1940

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

VETERANS OF FOREIGN WARS OF THE UNITED STATES, founded in 1940, is a small nonprofit that reported $161K in total revenue in fiscal year 2023. Expenses of $223K exceeded revenue, resulting in a 39% operating deficit.

Mission

OPERATION OF CANTEEN, RESTAURANT AND ASSOCIATED RECREATIONAL ACTIVITIES FOR MEMBERS AND THEIR BONA FIDE GUESTS IN ACCORDANCE WITH THE PROVISIONS OF IRC 5019C0 19 FRATERNAL ORGANIZATIONS.

🔒

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 $7,747

Program Service Revenue $0

Investment Income $186

Other Revenue $152,886

TOTAL REVENUE $160,819

Expense Breakdown

Grants Paid $35,609

Salaries & Benefits $108,702

Fundraising Expenses $0

Program Expenses $203,802

Other Expenses $79,167

TOTAL EXPENSES $223,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,819	$152,600	+0.1%
Expenses	$223,478	$155,351	+0.4%
Net Income	$-62,659	$-2,751	+21.8%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BREEN	JUNIOR VICE COMMANDER	10.00	Officer Director	$0	$0	$0
MICHAEL NEACE	TRUSTEE	1.00	Officer Director	$0	$0	$0
WILLIAM FITZPATRICK	SURGEON	1.00	Officer	$0	$0	$0
KEVIN TURPIN	ADJUTANT	2.00	Officer	$0	$0	$0
JOHN RILEY	COMMANDER	20.00	Officer	$0	$0	$0
JOHN DOLIBOA	SR VICE COMMANDER CHAPLAIN	2.00	Officer	$0	$0	$0
RALPH LOUDERMILK	QUARTERMASTER	25.00	Officer	$0	$0	$0
DIANNA ISAAC	CANTEEN MANAGER	25.00	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	$160,819	$223,478	$47,768	$-62,659
2021	$149,237	$154,574	$177,613	$-5,337
2018	$141,723	$189,394	$261,792	$-47,671

VETERANS OF FOREIGN WARS OF THE UNITED STATES