VETERANS OF FOREIGN WARS POST #7005 (EIN 316128032) - 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

1970

Legal Domicile

Principal Officer

Robert Harper

Phone

6148799751

Tax Period

2024-07-01 to 2025-06-30

VETERANS OF FOREIGN WARS POST #7005, founded in 1970, is a small nonprofit that reported $237K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $209K left a modest 12% surplus.

Mission

To provide a social club for veterans of foreign wars and to raise money for various local charities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,908

Program Service Revenue $105,441

Investment Income $40,886

Other Revenue $78,920

TOTAL REVENUE $237,155

Expense Breakdown

Grants Paid $17,111

Salaries & Benefits $82,107

Fundraising Expenses $0

Program Expenses $209,097

Other Expenses $109,879

TOTAL EXPENSES $209,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,155	$204,067	+0.2%
Expenses	$209,097	$196,789	+0.1%
Net Income	$28,058	$7,278	+2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC FAULK	COMMANDER	020.00	Officer Director	$0	$0	$0
TERRY APPLEGATE	TRUSTEE	020.00	Officer Director	$0	$0	$0
TERRY SMITH	TRUSTEE	020.00	Officer Director	$0	$0	$0
ROBERT HARPER JR	QUARTER MASTER	020.00	Officer Director	$0	$0	$0
RON CLARK	TRUSTEE	020.00	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	$237,155	$209,097	$753,382	$28,058
2024	$204,067	$196,789	$724,736	$7,278
2023	$182,222	$193,313	$719,156	$-11,091
2022	$211,598	$197,338	$730,643	$14,260
2021	$201,343	$182,008	$716,383	$19,335
2020	$166,396	$177,664	$697,048	$-11,268
2019	$167,411	$185,579	$728,264	$-18,168

VETERANS OF FOREIGN WARS POST #7005