Veterans Memorial Center Inc (EIN 330361154) - 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

1989

Legal Domicile

Principal Officer

Jack Harkins

Tax Period

2018-07-01 to 2019-06-30

Veterans Memorial Center Inc, founded in 1989, is a small nonprofit in the Public & Societal Benefit sector that reported $346K in total revenue in fiscal year 2018. The organization ran a surplus of $75K, a strong 22% operating margin.

Mission

THIS ORGANIZATION PROVIDES A GENERAL FACILITY TO BE USED BY ARMED FORCES VETERANSORGANIZATIONS. VMC SERVES APPROXIMATELY 300,000 MILITARY VETERANS OF SAN DIEGO COUNTYAT LARGE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $237,569

Program Service Revenue $20,425

Investment Income $4

Other Revenue $87,888

TOTAL REVENUE $345,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,066

Fundraising Expenses $32,750

Program Expenses $225,736

Other Expenses $180,245

TOTAL EXPENSES $271,311

Year-over-Year Comparison

	2018	2017	Change
Revenue	$345,886	$334,643	+0.0%
Expenses	$271,311	$252,208	+0.1%
Net Income	$74,575	$82,435	-0.1%

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

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
Jim Loh	VP	4.00	Officer Director	$0	$0	$0
Steve Schweitzer	Sec	4.00	Officer Director	$0	$0	$0
Dan McCaughan	Treas	6.00	Officer Director	$0	$0	$0
Patricia Reily	Director	2.00	Director	$0	$0	$0
Sonia Cuilty	Director	2.00	Director	$0	$0	$0
Wes Schermann	Director	2.00	Director	$0	$0	$0
Jack Harkins	Pres	20.00	Officer	$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
2019	$345,886	$271,311	$200,591	$74,575

Veterans Memorial Center Inc